Qorvo Statistics
Total Valuation
Qorvo has a market cap or net worth of $6.70 billion. The enterprise value is $7.56 billion.
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, after market close.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Qorvo has 94.53 million shares outstanding. The number of shares has decreased by -3.29% in one year.
| Current Share Class | 94.53M |
| Shares Outstanding | 94.53M |
| Shares Change (YoY) | -3.29% |
| Shares Change (QoQ) | -1.68% |
| Owned by Insiders (%) | 0.86% |
| Owned by Institutions (%) | 90.91% |
| Float | 93.60M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 14.87 |
| PS Ratio | 1.72 |
| Forward PS | 1.83 |
| PB Ratio | 1.97 |
| P/TBV Ratio | 12.72 |
| P/FCF Ratio | 8.65 |
| P/OCF Ratio | 7.41 |
| PEG Ratio | 0.78 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 11.23, with an EV/FCF ratio of 9.77.
| EV / Earnings | n/a |
| EV / Sales | 1.92 |
| EV / EBITDA | 11.23 |
| EV / EBIT | 20.99 |
| EV / FCF | 9.77 |
Financial Position
The company has a current ratio of 1.90, with a Debt / Equity ratio of 0.58.
| Current Ratio | 1.90 |
| Quick Ratio | 1.27 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | 2.77 |
| Debt / FCF | 2.53 |
| Interest Coverage | 4.83 |
Financial Efficiency
Return on equity (ROE) is -3.91% and return on invested capital (ROIC) is 4.01%.
| Return on Equity (ROE) | -3.91% |
| Return on Assets (ROA) | 3.41% |
| Return on Capital (ROIC) | 4.01% |
| Revenue Per Employee | $453,796 |
| Profits Per Employee | -$16,233 |
| Employee Count | 8,700 |
| Asset Turnover | 0.60 |
| Inventory Turnover | 3.12 |
Taxes
In the past 12 months, Qorvo has paid $128.73 million in taxes.
| Income Tax | 128.73M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -36.45% in the last 52 weeks. The beta is 1.41, so Qorvo's price volatility has been higher than the market average.
| Beta (5Y) | 1.41 |
| 52-Week Price Change | -36.45% |
| 50-Day Moving Average | 77.77 |
| 200-Day Moving Average | 101.55 |
| Relative Strength Index (RSI) | 47.96 |
| Average Volume (20 Days) | 3,413,343 |
Short Selling Information
The latest short interest is 3.38 million, so 3.58% of the outstanding shares have been sold short.
| Short Interest | 3.38M |
| Short Previous Month | 3.14M |
| Short % of Shares Out | 3.58% |
| Short % of Float | 3.61% |
| Short Ratio (days to cover) | 1.40 |
Income Statement
In the last 12 months, Qorvo had revenue of $3.95 billion and -$141.22 million in losses. Loss per share was -$1.47.
| Revenue | 3.95B |
| Gross Profit | 1.55B |
| Operating Income | 360.25M |
| Pretax Income | 124.52M |
| Net Income | -141.22M |
| EBITDA | 673.13M |
| EBIT | 360.25M |
| Loss Per Share | -$1.47 |
Full Income StatementBalance Sheet
The company has $1.10 billion in cash and $1.96 billion in debt, giving a net cash position of -$864.97 million or -$9.15 per share.
| Cash & Cash Equivalents | 1.10B |
| Total Debt | 1.96B |
| Net Cash | -864.97M |
| Net Cash Per Share | -$9.15 |
| Equity (Book Value) | 3.41B |
| Book Value Per Share | 36.02 |
| Working Capital | 1.20B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $904.22 million and capital expenditures -$130.40 million, giving a free cash flow of $773.82 million.
| Operating Cash Flow | 904.22M |
| Capital Expenditures | -130.40M |
| Free Cash Flow | 773.82M |
| FCF Per Share | $8.19 |
Full Cash Flow StatementMargins
Gross margin is 39.29%, with operating and profit margins of 9.12% and -3.58%.
| Gross Margin | 39.29% |
| Operating Margin | 9.12% |
| Pretax Margin | -0.32% |
| Profit Margin | -3.58% |
| EBITDA Margin | 17.05% |
| EBIT Margin | 9.12% |
| FCF Margin | 19.60% |
Dividends & Yields
Qorvo does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 3.29% |
| Shareholder Yield | 3.29% |
| Earnings Yield | -2.11% |
| FCF Yield | 11.55% |
Dividend DetailsAnalyst Forecast
The average price target for Qorvo is $96.31, which is 35.94% higher than the current price. The consensus rating is "Hold".
| Price Target | $96.31 |
| Price Target Difference | 35.94% |
| Analyst Consensus | Hold |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 4.98% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on January 2, 2015. It was a reverse split with a ratio of 0.25:1.
| Last Split Date | Jan 2, 2015 |
| Split Type | Reverse |
| Split Ratio | 0.25:1 |
Scores
Qorvo has an Altman Z-Score of 2.98 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.98 |
| Piotroski F-Score | 6 |