Head-To-Head Review: Alphawave IP Group (OTCMKTS:AWEVF) and Allegro MicroSystems (NASDAQ:ALGM)

Alphawave IP Group (OTCMKTS:AWEVF) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Valuation & Earnings

This table compares Alphawave IP Group and Allegro MicroSystems”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alphawave IP Group	N/A	N/A	N/A	N/A	N/A
Allegro MicroSystems	$937.99 million	4.28	$152.70 million	$0.78	26.55

Allegro MicroSystems has higher revenue and earnings than Alphawave IP Group.

Institutional and Insider Ownership

56.5% of Allegro MicroSystems shares are owned by institutional investors. 0.5% of Allegro MicroSystems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Alphawave IP Group and Allegro MicroSystems’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alphawave IP Group	N/A	N/A	N/A
Allegro MicroSystems	7.91%	13.88%	10.65%

Analyst Ratings

This is a summary of current recommendations for Alphawave IP Group and Allegro MicroSystems, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alphawave IP Group	0	0	0	0	N/A
Allegro MicroSystems	0	0	8	0	3.00

Allegro MicroSystems has a consensus target price of $33.38, suggesting a potential upside of 61.15%. Given Allegro MicroSystems’ higher possible upside, analysts clearly believe Allegro MicroSystems is more favorable than Alphawave IP Group.

Summary

Allegro MicroSystems beats Alphawave IP Group on 8 of the 8 factors compared between the two stocks.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets. Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.

About Allegro MicroSystems

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.