Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. More Details
Solid track record with reasonable growth potential.
Share Price & News
How has Qorvo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QRVO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: QRVO's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: QRVO matched the US Semiconductor industry which returned 55.5% over the past year.
Return vs Market: QRVO exceeded the US Market which returned 22.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Qorvo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHas Qorvo, Inc.'s (NASDAQ:QRVO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
3 weeks ago | Simply Wall StTrade Alert: The Independent Director Of Qorvo, Inc. (NASDAQ:QRVO), Susan Spradley, Has Sold Some Shares Recently
1 month ago | Simply Wall StIs Qorvo (NASDAQ:QRVO) A Future Multi-bagger?
Is Qorvo undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QRVO ($165.35) is trading above our estimate of fair value ($130.73)
Significantly Below Fair Value: QRVO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QRVO is poor value based on its PE Ratio (42.8x) compared to the US Semiconductor industry average (38.2x).
PE vs Market: QRVO is poor value based on its PE Ratio (42.8x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: QRVO is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: QRVO is overvalued based on its PB Ratio (4.3x) compared to the US Semiconductor industry average (3.5x).
How is Qorvo forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QRVO's forecast earnings growth (23.3% per year) is above the savings rate (2.2%).
Earnings vs Market: QRVO's earnings (23.3% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: QRVO's revenue (8.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: QRVO's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QRVO's Return on Equity is forecast to be high in 3 years time (20.2%)
How has Qorvo performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QRVO has high quality earnings.
Growing Profit Margin: QRVO's current net profit margins (12.7%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: QRVO's earnings have grown significantly by 67.2% per year over the past 5 years.
Accelerating Growth: QRVO's earnings growth over the past year (71.6%) exceeds its 5-year average (67.2% per year).
Earnings vs Industry: QRVO earnings growth over the past year (71.6%) exceeded the Semiconductor industry 22.8%.
Return on Equity
High ROE: QRVO's Return on Equity (10.1%) is considered low.
How is Qorvo's financial position?
Financial Position Analysis
Short Term Liabilities: QRVO's short term assets ($3.1B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: QRVO's short term assets ($3.1B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: QRVO's debt to equity ratio (60.1%) is considered high.
Reducing Debt: QRVO's debt to equity ratio has increased from 1.7% to 60.1% over the past 5 years.
Debt Coverage: QRVO's debt is well covered by operating cash flow (38.1%).
Interest Coverage: QRVO's interest payments on its debt are well covered by EBIT (9.3x coverage).
What is Qorvo current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QRVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QRVO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QRVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QRVO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QRVO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Bruggeworth (59 yo)
Mr. Robert A. Bruggeworth, also known as Bob, serves as President & Director of Qorvo US, Inc. He has been the Chief Executive Officer and President of Qorvo, Inc. since December 2013. Mr. Bruggeworth serv...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD7.39M) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.5yrs||US$2.37m||0.088% |
|Corporate Vice President of Global Operations||2.42yrs||US$2.14m||0.035% |
|Corporate VP and President of Infrastructure & Defense Products||5.92yrs||US$2.15m||0.039% |
|Corporate VP & President of Mobile Products||5.92yrs||US$2.71m||0.051% |
|Vice President of Investor Relations||no data||no data||no data|
|Corporate VP||no data||no data||no data|
|Director of Corporate Communications||5.92yrs||no data||no data|
|Corporate Vice President of Marketing||6.5yrs||no data||no data|
|Chief Human Resources Officer & Corporate VP||0.67yr||no data||no data|
|VP & Corporate Controller||5.08yrs||US$711.86k||0.014% |
|Vice President of Sales - Mobile Products||no data||no data||no data|
Experienced Management: QRVO's management team is seasoned and experienced (5.9 years average tenure).
|Independent Director||5.92yrs||US$310.02k||0.032% |
|Independent Director||5.92yrs||US$280.02k||0.0039% |
|Chairman of the Board & Lead Independent Director||5.92yrs||US$348.02k||0.060% |
|Independent Director||5.92yrs||US$300.02k||0.034% |
|Independent Director||5.92yrs||US$295.02k||0.023% |
|Independent Director||5.92yrs||US$286.50k||0.0068% |
|Independent Director||5.92yrs||US$280.02k||0.010% |
|Independent Director||3.92yrs||US$280.02k||0.0059% |
Experienced Board: QRVO's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QRVO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Qorvo, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Qorvo, Inc.
- Ticker: QRVO
- Exchange: NasdaqGS
- Founded: 1957
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$18.149b
- Shares outstanding: 114.05m
- Website: https://www.qorvo.com
Number of Employees
- Qorvo, Inc.
- 7628 Thorndike Road
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QRVO||NasdaqGS (Nasdaq Global Select)||Yes||New Common Shares||US||USD||Jun 1997|
|2QO||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Jun 1997|
|2QO||XTRA (XETRA Trading Platform)||Yes||New Common Shares||DE||EUR||Jun 1997|
|0KSJ||LSE (London Stock Exchange)||Yes||New Common Shares||GB||USD||Jun 1997|
|Q1RV34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 2 REPR 1 COM||BR||BRL||Jan 2020|
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates in two segments, Mobile Products, and Infrastructure and Defense Produc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 23:12|
|End of Day Share Price||2020/12/04 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.