Wolfspeed Statistics
Total Valuation
Wolfspeed has a market cap or net worth of $1.03 billion. The enterprise value is $5.08 billion.
Important Dates
The next estimated earnings date is Monday, October 28, 2024, after market close.
| Earnings Date | Oct 28, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Wolfspeed has 126.87 million shares outstanding. The number of shares has increased by 1.06% in one year.
| Shares Outstanding | 126.87M |
| Shares Change (YoY) | +1.06% |
| Shares Change (QoQ) | +0.33% |
| Owned by Insiders (%) | 0.79% |
| Owned by Institutions (%) | 110.30% |
| Float | 125.76M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.19 |
| Forward PS | 0.85 |
| PB Ratio | 1.09 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 6.30 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 4.51, with a Debt / Equity ratio of 7.13.
| Current Ratio | 4.51 |
| Quick Ratio | 3.70 |
| Debt / Equity | 7.13 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -1.51 |
Financial Efficiency
Return on equity (ROE) is -45.81% and return on invested capital (ROIC) is -3.55%.
| Return on Equity (ROE) | -45.81% |
| Return on Assets (ROA) | -3.19% |
| Return on Capital (ROIC) | -3.55% |
| Revenue Per Employee | $168,097 |
| Profits Per Employee | -$179,967 |
| Employee Count | 4,802 |
| Asset Turnover | 0.11 |
| Inventory Turnover | 1.95 |
Taxes
In the past 12 months, Wolfspeed has paid $1.10 million in taxes.
| Income Tax | 1.10M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -80.77% in the last 52 weeks. The beta is 1.52, so Wolfspeed's price volatility has been higher than the market average.
| Beta (5Y) | 1.52 |
| 52-Week Price Change | -80.77% |
| 50-Day Moving Average | 16.15 |
| 200-Day Moving Average | 26.59 |
| Relative Strength Index (RSI) | 30.72 |
| Average Volume (20 Days) | 10,390,688 |
Short Selling Information
The latest short interest is 27.21 million, so 21.44% of the outstanding shares have been sold short.
| Short Interest | 27.21M |
| Short Previous Month | 21.42M |
| Short % of Shares Out | 21.44% |
| Short % of Float | 21.63% |
| Short Ratio (days to cover) | 4.75 |
Income Statement
In the last 12 months, Wolfspeed had revenue of $807.20 million and -$864.20 million in losses. Loss per share was -$6.88.
| Revenue | 807.20M |
| Gross Profit | 77.40M |
| Operating Income | -372.00M |
| Pretax Income | -801.70M |
| Net Income | -864.20M |
| EBITDA | -192.10M |
| EBIT | -372.00M |
| Loss Per Share | -$6.88 |
Full Income StatementBalance Sheet
The company has $2.17 billion in cash and $6.29 billion in debt, giving a net cash position of -$4.12 billion or -$32.45 per share.
| Cash & Cash Equivalents | 2.17B |
| Total Debt | 6.29B |
| Net Cash | -4.12B |
| Net Cash Per Share | -$32.45 |
| Equity (Book Value) | 882.10M |
| Book Value Per Share | 6.98 |
| Working Capital | 2.33B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$725.60 million and capital expenditures -$2.27 billion, giving a free cash flow of -$3.00 billion.
| Operating Cash Flow | -725.60M |
| Capital Expenditures | -2.27B |
| Free Cash Flow | -3.00B |
| FCF Per Share | -$23.64 |
Full Cash Flow StatementMargins
Gross margin is 9.59%, with operating and profit margins of -46.09% and -107.06%.
| Gross Margin | 9.59% |
| Operating Margin | -46.09% |
| Pretax Margin | -70.92% |
| Profit Margin | -107.06% |
| EBITDA Margin | -23.80% |
| EBIT Margin | -46.09% |
| FCF Margin | -283.75% |
Dividends & Yields
Wolfspeed does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.06% |
| Shareholder Yield | -1.06% |
| Earnings Yield | -89.28% |
| FCF Yield | -309.87% |
Dividend DetailsAnalyst Forecast
The average price target for Wolfspeed is $25.14, which is 208.47% higher than the current price. The consensus rating is "Hold".
| Price Target | $25.14 |
| Price Target Difference | 208.47% |
| Analyst Consensus | Hold |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 41.75% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on December 11, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 11, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Wolfspeed has an Altman Z-Score of 0.17 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.17 |
| Piotroski F-Score | 1 |