WallStreetZenWallStreetZen

NASDAQ: QRVO
Qorvo Inc Stock

$119.62+5.07 (+4.43%)
Updated Mar 1, 2024
QRVO Price
$119.62
Fair Value Price
$127.26
Market Cap
$11.55B
52 Week Low
$80.62
52 Week High
$120.26
P/E
-57.51x
P/B
3.17x
P/S
3.16x
PEG
N/A
Dividend Yield
N/A
Revenue
$3.46B
Earnings
-$211.47M
Gross Margin
35.3%
Operating Margin
-2.48%
Profit Margin
-6.1%
Debt to Equity
0.84
Operating Cash Flow
$696M
Beta
1.41
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

QRVO Overview

Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. It offers mobile devices, such as smartphones, wearables, laptops, tablets and other devices; radio frequency power management integrated circuits, ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches; and cellular base stations include switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power amplifier (PA) Doherty modules, discrete LNAs, and high power GaN amplifiers. The company's also provides SiC products, such as Schottky diodes and transistors for automotive, industrial, IT infrastructure and renewable energy markets; SoC hardware, firmware, and application software for smart home applications; power management solutions include programmable power management integrated circuits (ICs) and power application controllers; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; RF connectivity and UWB SoC solutions for automotive connectivity; and Wi-Fi products, such as PAs, switches, LNAs and bulk acoustic wave filters, as well as integrated solutions including front end modules (FEMs) and integrated FEMs. It sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

Zen Score

Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how QRVO scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

QRVO ($119.62) is undervalued by 6% relative to our estimate of its Fair Value price of $127.26 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
QRVO ($119.62) is not significantly undervalued (6%) relative to our estimate of its Fair Value price of $127.26 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
QRVO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more QRVO due diligence checks available for Premium users.

Be the first to know about important QRVO news, forecast changes, insider trades & much more!

QRVO News

Valuation

QRVO fair value

Fair Value of QRVO stock based on Discounted Cash Flow (DCF)
Price
$119.62
Fair Value
$127.26
Undervalued by
6.00%
QRVO ($119.62) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
QRVO ($119.62) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
QRVO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

QRVO price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-57.51x
Industry
67.34x
Market
36.17x

QRVO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.17x
Industry
8.66x
QRVO is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

QRVO's financial health

Profit margin

Revenue
$1.1B
Net Income
-$126.9M
Profit Margin
-11.8%
QRVO's Earnings (EBIT) of -$85.76M... subscribe to Premium to read more.
Interest Coverage Financials
QRVO's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.7B
Liabilities
$3.1B
Debt to equity
0.84
QRVO's short-term assets ($2.43B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
QRVO's short-term assets ($2.43B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
QRVO's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
QRVO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$492.9M
Investing
$902.0k
Financing
-$113.5M
QRVO's operating cash flow ($696.29M)... subscribe to Premium to read more.
Debt Coverage Financials

QRVO vs Semiconductor Stocks

TickerMarket Cap1d %P/EP/B
QRVO$11.55B+4.43%-57.51x3.17x
LSCC$10.76B+2.08%41.60x15.54x
ASX$8.51B+1.75%8.40x0.90x
RMBS$6.96B+8.86%20.87x6.70x
MTSI$6.68B+4.92%88.27x6.52x

Qorvo Stock FAQ

What is Qorvo's quote symbol?

(NASDAQ: QRVO) Qorvo trades on the NASDAQ under the ticker symbol QRVO. Qorvo stock quotes can also be displayed as NASDAQ: QRVO.

If you're new to stock investing, here's how to buy Qorvo stock.

What is the 52 week high and low for Qorvo (NASDAQ: QRVO)?

(NASDAQ: QRVO) Qorvo's 52-week high was $120.26, and its 52-week low was $80.62. It is currently -0.53% from its 52-week high and 48.38% from its 52-week low.

How much is Qorvo stock worth today?

(NASDAQ: QRVO) Qorvo currently has 96,548,458 outstanding shares. With Qorvo stock trading at $119.62 per share, the total value of Qorvo stock (market capitalization) is $11.55B.

Qorvo stock was originally listed at a price of $70.40 in Jan 2, 2015. If you had invested in Qorvo stock at $70.40, your return over the last 9 years would have been 69.91%, for an annualized return of 6.07% (not including any dividends or dividend reinvestments).

How much is Qorvo's stock price per share?

(NASDAQ: QRVO) Qorvo stock price per share is $119.62 today (as of Mar 1, 2024).

What is Qorvo's Market Cap?

(NASDAQ: QRVO) Qorvo's market cap is $11.55B, as of Mar 5, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Qorvo's market cap is calculated by multiplying QRVO's current stock price of $119.62 by QRVO's total outstanding shares of 96,548,458.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.