2QO Stock Overview
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide.
No risks detected for 2QO from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$97.62|
|52 Week High||US$168.25|
|52 Week Low||US$94.78|
|1 Month Change||-8.46%|
|3 Month Change||-15.63%|
|1 Year Change||-29.69%|
|3 Year Change||63.43%|
|5 Year Change||43.31%|
|Change since IPO||3,087.07%|
Recent News & Updates
|2QO||DE Semiconductor||DE Market|
Return vs Industry: 2QO underperformed the German Semiconductor industry which returned -11.1% over the past year.
Return vs Market: 2QO underperformed the German Market which returned -11.8% over the past year.
|2QO Average Weekly Movement||5.5%|
|Semiconductor Industry Average Movement||7.1%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.7%|
|10% least volatile stocks in DE Market||3.6%|
Stable Share Price: 2QO is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2QO's weekly volatility (5%) has been stable over the past year.
About the Company
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters, multiplexers and other components, radio frequency (RF) power management integrated circuits, antenna tuners, antenna-plexers, discrete filters and duplexers, discrete switches, and ultra-wideband (UWB) system solutions.
Qorvo Fundamentals Summary
|2QO fundamental statistics|
Is 2QO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2QO income statement (TTM)|
|Cost of Revenue||US$2.36b|
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
|Earnings per share (EPS)||9.53|
|Net Profit Margin||22.24%|
How did 2QO perform over the long term?See historical performance and comparison
Is Qorvo undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2QO (€97.62) is trading below our estimate of fair value (€261.25)
Significantly Below Fair Value: 2QO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2QO is good value based on its PE Ratio (10.6x) compared to the German Semiconductor industry average (17.8x).
PE vs Market: 2QO is good value based on its PE Ratio (10.6x) compared to the German market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: 2QO is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 2QO is good value based on its PB Ratio (2.4x) compared to the DE Semiconductor industry average (2.8x).
How is Qorvo forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2QO's forecast earnings growth (6.4% per year) is above the savings rate (-0.05%).
Earnings vs Market: 2QO's earnings (6.4% per year) are forecast to grow slower than the German market (7.8% per year).
High Growth Earnings: 2QO's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2QO's revenue (4.7% per year) is forecast to grow slower than the German market (5.3% per year).
High Growth Revenue: 2QO's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2QO's Return on Equity is forecast to be high in 3 years time (27%)
How has Qorvo performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2QO has high quality earnings.
Growing Profit Margin: 2QO's current net profit margins (22.2%) are higher than last year (18.2%).
Past Earnings Growth Analysis
Earnings Trend: 2QO has become profitable over the past 5 years, growing earnings by 65.7% per year.
Accelerating Growth: 2QO's earnings growth over the past year (41.4%) is below its 5-year average (65.7% per year).
Earnings vs Industry: 2QO earnings growth over the past year (41.4%) underperformed the Semiconductor industry 79.5%.
Return on Equity
High ROE: 2QO's Return on Equity (22.7%) is considered high.
How is Qorvo's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2QO's short term assets ($2.4B) exceed its short term liabilities ($675.1M).
Long Term Liabilities: 2QO's short term assets ($2.4B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 2QO's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 2QO's debt to equity ratio has increased from 20.2% to 45% over the past 5 years.
Debt Coverage: 2QO's debt is well covered by operating cash flow (54%).
Interest Coverage: 2QO's interest payments on its debt are well covered by EBIT (19.4x coverage).
What is Qorvo current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2QO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2QO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2QO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2QO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 2QO has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Bruggeworth (60 yo)
Mr. Robert A. Bruggeworth, also known as Bob, serves as President & Director of Qorvo US, Inc. He has been the Chief Executive Officer and President of Qorvo, Inc. since December 2013. Mr. Bruggeworth serv...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD9.78M) is above average for companies of similar size in the German market ($USD4.76M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
Experienced Management: 2QO's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: 2QO's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Qorvo, Inc.'s employee growth, exchange listings and data sources
- Name: Qorvo, Inc.
- Ticker: 2QO
- Exchange: DB
- Founded: 1957
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$10.969b
- Listing Market Cap: US$10.538b
- Shares outstanding: 108.43m
- Website: https://www.qorvo.com
Number of Employees
- Qorvo, Inc.
- 7628 Thorndike Road
- North Carolina
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/13 00:00|
|End of Day Share Price||2022/05/13 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.