Wolfspeed (NASDAQ:WOLF – Get Rating) is one of 165 public companies in the “Semiconductors & related devices” industry, but how does it compare to its competitors? We will compare Wolfspeed to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.
Valuation & Earnings
This table compares Wolfspeed and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Wolfspeed||$746.20 million||-$200.90 million||-70.18|
|Wolfspeed Competitors||$3.76 billion||$783.22 million||13.51|
Wolfspeed’s competitors have higher revenue and earnings than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Semiconductors & related devices” companies have a potential upside of 18.18%. Given Wolfspeed’s competitors higher probable upside, analysts clearly believe Wolfspeed has less favorable growth aspects than its competitors.
Institutional and Insider Ownership
54.9% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 0.6% of Wolfspeed shares are owned by company insiders. Comparatively, 9.9% of shares of all “Semiconductors & related devices” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Risk & Volatility
Wolfspeed has a beta of 1.36, indicating that its share price is 36% more volatile than the S&P 500. Comparatively, Wolfspeed’s competitors have a beta of 1.52, indicating that their average share price is 52% more volatile than the S&P 500.
This table compares Wolfspeed and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Wolfspeed competitors beat Wolfspeed on 8 of the 10 factors compared.
Wolfspeed Company Profile
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies Europe, China, the United States, Japan, South Korea, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.
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