Wolfspeed Intrinsic Value Calculator – WOLFSPEED Reports USD 235.8M in Revenue for FY2023 Q4, Up 3.2% Y/Y
August 24, 2023
🌥️Earnings Overview
WOLFSPEED ($NYSE:WOLF) disclosed on August 16 2023 their financial results for Q4 of the 2023 fiscal year (ending June 30 2023). Total revenue was reported as USD 235.8 million, representing a 3.2% growth from the prior year’s quarter. Unfortunately, their net income decreased drastically to a loss of USD -113.3 million compared to the profit of USD 32.4 million reported the year before.
Analysis – Wolfspeed Intrinsic Value Calculator
GoodWhale’s analysis of WOLFSPEED‘s financials has reached the conclusion that the intrinsic value of WOLFSPEED share is around $103.3. This value was determined using their proprietary Valuation Line process which looks at a variety of factors to determine a company’s fair value. Right now, the stock price of WOLFSPEED is $53.2, meaning it is undervalued by 48.5%. This presents a great opportunity for investors to purchase the stock at a discounted price and reap the benefits of potential gains as the true value of the stock rises. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wolfspeed. More…
| Total Revenues | Net Income | Net Margin |
| 921.9 | -329.9 | -35.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wolfspeed. More…
| Operations | Investing | Financing |
| -142.6 | -1.15k | 2.6k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wolfspeed. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.62k | 5k | 13.03 |
Key Ratios Snapshot
Some of the financial key ratios for Wolfspeed are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.7% | -59.9% | -41.1% |
| FCF Margin | ROE | ROA |
| -119.9% | -14.2% | -3.6% |
Peers
The company’s products are used in a variety of applications, including cell phones, wireless infrastructure, and military and aerospace. Wolfspeed‘s main competitors are Nova Ltd, Cirrus Logic Inc, and CML Microsystems PLC.
– Nova Ltd ($NASDAQ:NVMI)
Nova Ltd is a large company with a market cap of 2.09B. It has a strong ROE of 25.44%. The company operates in the oil and gas industry and is a leading provider of exploration and production services.
– Cirrus Logic Inc ($NASDAQ:CRUS)
Cirrus Logic, Inc. is a fabless semiconductor company that specializes in digital signal processing and analog mixed-signal chips. It has a market cap of $3.79B and a ROE of 21.86%. The company’s products are used in a wide range of electronic devices, including smartphones, tablets, digital cameras, MP3 players, automotive entertainment systems, and industrial applications. Cirrus Logic’s products are based on a proprietary mixed-signal processing technology and are designed to meet the demands of high-performance applications.
– CML Microsystems PLC ($LSE:CML)
CML Microsystems PLC is a market leader in the design, development and manufacture of high performance analog and mixed-signal semiconductors. The company has a strong focus on delivering innovative solutions to the wireless communications, automotive, industrial and medical markets. CML Microsystems has a long history of profitability and has a strong balance sheet with no debt. The company’s shares are listed on the London Stock Exchange.
Summary
Investors should take a careful look at WOLFSPEED‘s latest earnings results for FY2023 Q4, as total revenue increased by 3.2% year-over-year, but net income plummeted from USD 32.4 million to USD -113.3 million. Going forward, investors should watch how the company is able to manage their costs and improve their profitability. They should also keep an eye on the company’s capital expenditures and its spending on research and development, as well as any new products or services that may be in the pipeline. With the right strategies, WOLFSPEED may be able to turn around their financial performance.
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