Qorvo Statistics
Total Valuation
Qorvo has a market cap or net worth of $11.57 billion. The enterprise value is $12.53 billion.
| Market Cap | 11.57B |
| Enterprise Value | 12.53B |
Important Dates
The next confirmed earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Qorvo has 95.03 million shares outstanding. The number of shares has decreased by -5.30% in one year.
| Shares Outstanding | 95.03M |
| Shares Change (YoY) | -5.30% |
| Shares Change (QoQ) | -0.66% |
| Owned by Insiders (%) | 0.46% |
| Owned by Institutions (%) | 92.58% |
| Float | 94.82M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 19.95 |
| PS Ratio | 3.07 |
| Forward PS | 2.91 |
| PB Ratio | 3.25 |
| P/FCF Ratio | 15.32 |
| PEG Ratio | 0.47 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.03, with an EV/FCF ratio of 16.59.
| EV / Earnings | n/a |
| EV / Sales | 3.32 |
| EV / EBITDA | 27.03 |
| EV / EBIT | 87.76 |
| EV / FCF | 16.59 |
Financial Position
The company has a current ratio of 1.99, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.99 |
| Quick Ratio | 1.18 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 4.29 |
| Debt / FCF | 2.63 |
| Interest Coverage | 2.06 |
Financial Efficiency
Return on equity (ROE) is -1.90% and return on invested capital (ROIC) is -1.58%.
| Return on Equity (ROE) | -1.90% |
| Return on Assets (ROA) | -1.10% |
| Return on Capital (ROIC) | -1.58% |
| Revenue Per Employee | $433,277 |
| Profits Per Employee | -$8,083 |
| Employee Count | 8,700 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 3.03 |
Taxes
In the past 12 months, Qorvo has paid $143.88 million in taxes.
| Income Tax | 143.88M |
| Effective Tax Rate | 195.60% |
Stock Price Statistics
The stock price has increased by +15.08% in the last 52 weeks. The beta is 1.46, so Qorvo's price volatility has been higher than the market average.
| Beta (5Y) | 1.46 |
| 52-Week Price Change | +15.08% |
| 50-Day Moving Average | 108.77 |
| 200-Day Moving Average | 105.62 |
| Relative Strength Index (RSI) | 57.17 |
| Average Volume (20 Days) | 1,367,875 |
Short Selling Information
The latest short interest is 2.64 million, so 2.78% of the outstanding shares have been sold short.
| Short Interest | 2.64M |
| Short Previous Month | 2.68M |
| Short % of Shares Out | 2.78% |
| Short % of Float | 2.79% |
| Short Ratio (days to cover) | 1.75 |
Income Statement
In the last 12 months, Qorvo had revenue of $3.77 billion and -$70.32 million in losses. Loss per share was -$0.72.
| Revenue | 3.77B |
| Gross Profit | 1.49B |
| Operating Income | 91.70M |
| Pretax Income | 73.56M |
| Net Income | -70.32M |
| EBITDA | 463.74M |
| EBIT | 142.81M |
| Loss Per Share | -$0.72 |
Balance Sheet
The company has $1.03 billion in cash and $1.99 billion in debt, giving a net cash position of -$958.75 million or -$10.09 per share.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 1.99B |
| Net Cash | -958.75M |
| Net Cash Per Share | -$10.09 |
| Equity (Book Value) | 3.56B |
| Book Value Per Share | 37.42 |
| Working Capital | 1.22B |
Cash Flow
In the last 12 months, operating cash flow was $833.19 million and capital expenditures -$77.68 million, giving a free cash flow of $755.51 million.
| Operating Cash Flow | 833.19M |
| Capital Expenditures | -77.68M |
| Free Cash Flow | 755.51M |
| FCF Per Share | $7.74 |
Margins
Gross margin is 39.49%, with operating and profit margins of 2.43% and -1.87%.
| Gross Margin | 39.49% |
| Operating Margin | 2.43% |
| Pretax Margin | 1.95% |
| Profit Margin | -1.87% |
| EBITDA Margin | 12.30% |
| EBIT Margin | 3.79% |
| FCF Margin | 20.04% |
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 | 5.30% |
| Shareholder Yield | 5.30% |
| Earnings Yield | -0.61% |
| FCF Yield | 6.53% |
Analyst Forecast
The average price target for Qorvo is $112.11, which is -7.96% lower than the current price. The consensus rating is "Hold".
| Price Target | $112.11 |
| Price Target Difference | -7.96% |
| Analyst Consensus | Hold |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 7.62% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 2, 2015. It was a reverse split with a ratio of 1:4.
| Last Split Date | Jan 2, 2015 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
Qorvo has an Altman Z-Score of 3.17 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.17 |
| Piotroski F-Score | 6 |