Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Cree's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CREE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CREE's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CREE exceeded the US Semiconductor industry which returned 44.6% over the past year.
Return vs Market: CREE exceeded the US Market which returned 19% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cree's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StTrade Alert: The Independent Director Of Cree, Inc. (NASDAQ:CREE), John Replogle, Has Sold Some Shares Recently
3 weeks ago | Simply Wall StNews Flash: 12 Analysts Think Cree, Inc. (NASDAQ:CREE) Earnings Are Under Threat
1 month ago | Simply Wall StCree, Inc.'s (NASDAQ:CREE) Intrinsic Value Is Potentially 77% Above Its Share Price
Is Cree undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CREE ($89.75) is trading below our estimate of fair value ($120.19)
Significantly Below Fair Value: CREE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CREE is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: CREE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CREE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CREE is overvalued based on its PB Ratio (5.2x) compared to the US Semiconductor industry average (3.4x).
How is Cree forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CREE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CREE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CREE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CREE's revenue (23.8% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: CREE's revenue (23.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CREE is forecast to be unprofitable in 3 years.
How has Cree performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CREE is currently unprofitable.
Growing Profit Margin: CREE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CREE is unprofitable, and losses have increased over the past 5 years at a rate of 29.4% per year.
Accelerating Growth: Unable to compare CREE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CREE is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (22.8%).
Return on Equity
High ROE: CREE has a negative Return on Equity (-17.59%), as it is currently unprofitable.
How is Cree's financial position?
Financial Position Analysis
Short Term Liabilities: CREE's short term assets ($1.5B) exceed its short term liabilities ($343.4M).
Long Term Liabilities: CREE's short term assets ($1.5B) exceed its long term liabilities ($864.8M).
Debt to Equity History and Analysis
Debt Level: CREE's debt to equity ratio (41.4%) is considered high.
Reducing Debt: CREE's debt to equity ratio has increased from 8.7% to 41.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CREE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CREE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Cree current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CREE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CREE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CREE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CREE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CREE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gregg Lowe (57 yo)
Mr. Gregg A. Lowe has been the President and Chief Executive Officer at Cree, Inc. since September 27, 2017. Mr. Lowe served as Chief Executive Officer and President at NXP USA, Inc. since June 05, 2012 un...
CEO Compensation Analysis
Compensation vs Market: Gregg's total compensation ($USD6.78M) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||2.25yrs||US$5.08m||0.018% |
|Founder & CTO - Wolfspeed||no data||US$1.29m||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Vice President of Marketing & Public Affairs||no data||no data||no data|
|Senior Vice President of Lighting||no data||no data||no data|
|Senior Vice President of Global Sales and Marketing||2.75yrs||no data||no data|
|Senior VP & GM of LED Products||1.92yrs||no data||no data|
|Senior Vice President of Global Operations||no data||no data||no data|
|Secretary||no data||no data||no data|
|Vice President of Lighting Operations||6.92yrs||US$1.70m||no data|
|VP & GM of Wolfspeed Power||no data||no data||no data|
Experienced Management: CREE's management team is considered experienced (2.8 years average tenure).
|Independent Chairman of the Board||2.08yrs||US$265.61k||0.027% |
|Independent Director||0.83yr||US$224.21k||no data|
|Independent Director||14.92yrs||US$240.61k||0.054% |
|Independent Director||14.67yrs||US$230.61k||0.062% |
|Independent Director||2.08yrs||US$220.61k||0.0097% |
|Independent Director||6.83yrs||US$230.61k||0.055% |
|Independent Director||2.08yrs||US$225.61k||0.0056% |
|Independent Director||6.92yrs||US$220.61k||0.0078% |
Experienced Board: CREE's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CREE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Cree, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cree, Inc.
- Ticker: CREE
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$9.903b
- Shares outstanding: 110.34m
- Website: https://www.cree.com
Number of Employees
- Cree, Inc.
- 4600 Silicon Drive
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CREE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1993|
|CR6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1993|
|CR6||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Feb 1993|
|0I4Q||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Feb 1993|
|CREE *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Feb 1993|
Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operate...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 23:47|
|End of Day Share Price||2020/11/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.