(QRVO) Qorvo - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 9.367m USD | Total Return: 40.7% in 12m
Avg Turnover: 117M
EPS Trend: 59.0%
Qual. Beats: 2
Rev. Trend: 52.6%
Qual. Beats: 0
Warnings
Extended 1w
Tailwinds
Confidence, Garp
Qorvo, Inc. is a semiconductor firm specializing in radio frequency (RF) and power management technologies for global wireless and wired markets. The company operates through three primary segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG), serving diverse industries including aerospace, defense, automotive, and consumer electronics.
The business model relies on a mix of direct sales to original equipment manufacturers (OEMs) and a global distribution network. As a key player in the semiconductor sector, Qorvo’s growth is heavily linked to the global transition toward 5G and 6G infrastructure and the increasing integration of RF content in mobile devices.
The company maintains specialized foundry services to support defense primes, highlighting its role in critical national security infrastructure. Investors can assess detailed fundamental metrics for Qorvo on ValueRay to further their analysis. Headquartered in North Carolina, the firm leverages a broad technology portfolio encompassing Ultra-Wideband (UWB), Wi-Fi, and MEMS-based sensors to address the expanding Internet of Things (IoT) ecosystem.
- Apple smartphone design wins determine high-volume revenue and gross margin profile
- Android inventory levels and Chinese consumer demand impact quarterly sales guidance
- Defense and aerospace contracts provide stable long-term revenue for HPA segment
- Expansion of Wi-Fi 7 and Matter technologies drives connectivity segment growth
- Global semiconductor supply chain shifts influence manufacturing costs and lead times
| Net Income: 339.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 3.50 > 1.0 |
| NWC/Revenue: 43.32% < 20% (prev 37.22%; Δ 6.10% < -1%) |
| CFO/TA 0.14 > 3% & CFO 808.6m > Net Income 339.0m |
| Net Debt (330.1m) to EBITDA (673.8m): 0.49 < 3 |
| Current Ratio: 3.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (92.6m) vs 12m ago -2.96% < -2% |
| Gross Margin: 45.89% > 18% (prev 0.41%; Δ 4.55k% > 0.5%) |
| Asset Turnover: 62.57% > 50% (prev 62.68%; Δ -0.11% > 0%) |
| Interest Coverage Ratio: 5.63 > 6 (EBITDA TTM 673.8m / Interest Expense TTM 73.1m) |
| A: 0.27 (Total Current Assets 2.31b - Total Current Liabilities 712.8m) / Total Assets 5.83b |
| B: 0.01 (Retained Earnings 38.8m / Total Assets 5.83b) |
| C: 0.07 (EBIT TTM 411.4m / Avg Total Assets 5.88b) |
| D: 1.35 (Book Value of Equity 3.34b / Total Liabilities 2.48b) |
| Altman-Z'' = 3.70 = AA |
| DSRI: 1.01 (Receivables 398.7m/397.7m, Revenue 3.68b/3.72b) |
| GMI: 0.90 (GM 45.89% / 41.29%) |
| AQI: 0.97 (AQ_t 0.48 / AQ_t-1 0.50) |
| SGI: 0.99 (Revenue 3.68b / 3.72b) |
| TATA: -0.08 (NI 339.0m - CFO 808.6m) / TA 5.83b) |
| Beneish M = -3.22 (Cap -4..+1) = AA |
As of May 27, 2026, the stock is trading at USD 108.23 with a total of 1,372,308 shares traded.
Over the past week, the price has changed by +14.88%,
over one month by +26.08%,
over three months by +31.25% and
over the past year by +40.65%.
Qorvo has received a consensus analysts rating of 3.27. Therefore, it is recommended to hold QRVO.
- StrongBuy: 4
- Buy: 3
- Hold: 16
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 94.5 | -12.7% |
P/E Trailing = 29.4006
P/E Forward = 15.9744
P/S = 2.5465
P/B = 2.801
P/EG = 1.0654
Revenue TTM = 3.68b USD
EBIT TTM = 411.4m USD
EBITDA TTM = 673.8m USD
Long Term Debt = 1.55b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 1.55b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 330.1m USD (calculated: Debt 1.55b - CCE 1.22b)
Enterprise Value = 9.70b USD (9.37b + Debt 1.55b - CCE 1.22b)
Interest Coverage Ratio = 5.63 (Ebit TTM 411.4m / Interest Expense TTM 73.1m)
EV/FCF = 14.27x (Enterprise Value 9.70b / FCF TTM 679.6m)
FCF Yield = 7.01% (FCF TTM 679.6m / Enterprise Value 9.70b)
FCF Margin = 18.47% (FCF TTM 679.6m / Revenue TTM 3.68b)
Net Margin = 9.22% (Net Income TTM 339.0m / Revenue TTM 3.68b)
Gross Margin = 45.89% ((Revenue TTM 3.68b - Cost of Revenue TTM 1.99b) / Revenue TTM)
Gross Margin QoQ = 48.87% (prev 46.75%)
Tobins Q-Ratio = 1.66 (Enterprise Value 9.70b / Total Assets 5.83b)
Interest Expense / Debt = 4.72% (Interest Expense 73.1m / Debt 1.55b)
Taxrate = 14.89% (59.3m / 398.3m)
NOPAT = 350.2m (EBIT 411.4m * (1 - 14.89%))
Current Ratio = 3.24 (Total Current Assets 2.31b / Total Current Liabilities 712.8m)
Debt / Equity = 0.46 (Debt 1.55b / totalStockholderEquity, last quarter 3.34b)
Debt / EBITDA = 0.49 (Net Debt 330.1m / EBITDA 673.8m)
Debt / FCF = 0.49 (Net Debt 330.1m / FCF TTM 679.6m)
Total Stockholder Equity = 3.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.77% (Net Income 339.0m / Total Assets 5.83b)
RoE = 9.69% (Net Income TTM 339.0m / Total Stockholder Equity 3.50b)
RoCE = 8.15% (EBIT 411.4m / Capital Employed (Equity 3.50b + L.T.Debt 1.55b))
RoIC = 6.85% (NOPAT 350.2m / Invested Capital 5.11b)
WACC = 11.38% (E(9.37b)/V(10.9b) * Re(12.60%) + D(1.55b)/V(10.9b) * Rd(4.72%) * (1-Tc(0.15)))
Discount Rate = 12.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.41 | Cagr: -2.10%
[DCF] Terminal Value 68.81% ; FCFF base≈601.6m ; Y1≈689.6m ; Y5≈1.01b
[DCF] Fair Price = 109.1 (EV 9.93b - Net Debt 330.1m = Equity 9.60b / Shares 88.0m; r=11.38% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 58.98 | EPS CAGR: 12.68% | SUE: 2.26 | # QB: 2
Revenue Correlation: 52.61 | Revenue CAGR: 4.52% | SUE: -0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.07 | Chg30d=+9.58% | Revisions=+57% | Analysts=15
EPS next Quarter (2026-09-30): EPS=1.90 | Chg30d=+2.95% | Revisions=+29% | Analysts=15
EPS current Year (2027-03-31): EPS=6.90 | Chg30d=+2.70% | Revisions=+44% | GrowthEPS=-1.4% | GrowthRev=-6.0%
EPS next Year (2028-03-31): EPS=7.82 | Chg30d=-0.84% | Revisions=+20% | GrowthEPS=+13.3% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: +57%