Qorvo Statistics
Total Valuation
Qorvo has a market cap or net worth of $9.79 billion. The enterprise value is $10.67 billion.
Important Dates
The next estimated earnings date is Wednesday, October 30, 2024, after market close.
Earnings Date | Oct 30, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Qorvo has 94.86 million shares outstanding. The number of shares has decreased by -3.72% in one year.
Shares Outstanding | 94.86M |
Shares Change (YoY) | -3.72% |
Shares Change (QoQ) | -0.85% |
Owned by Insiders (%) | 0.85% |
Owned by Institutions (%) | 92.62% |
Float | 93.94M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 15.22 |
PS Ratio | 2.49 |
Forward PS | 2.41 |
PB Ratio | 2.81 |
P/FCF Ratio | 13.17 |
PEG Ratio | 0.81 |
Financial Ratio History Enterprise Valuation
The stock's EV/EBITDA ratio is 14.01, with an EV/FCF ratio of 14.35.
EV / Earnings | n/a |
EV / Sales | 2.66 |
EV / EBITDA | 14.01 |
EV / EBIT | 23.96 |
EV / FCF | 14.35 |
Financial Position
The company has a current ratio of 1.95, with a Debt / Equity ratio of 0.56.
Current Ratio | 1.95 |
Quick Ratio | 1.25 |
Debt / Equity | 0.56 |
Debt / EBITDA | 2.47 |
Debt / FCF | 2.64 |
Interest Coverage | 6.44 |
Financial Efficiency
Return on equity (ROE) is -0.72% and return on invested capital (ROIC) is 4.92%.
Return on Equity (ROE) | -0.72% |
Return on Assets (ROA) | 4.24% |
Return on Capital (ROIC) | 4.92% |
Revenue Per Employee | $460,346 |
Profits Per Employee | -$3,026 |
Employee Count | 8,700 |
Asset Turnover | 0.61 |
Inventory Turnover | 2.93 |
Taxes
In the past 12 months, Qorvo has paid $150.85 million in taxes.
Income Tax | 150.85M |
Effective Tax Rate | 121.14% |
Stock Price Statistics
The stock price has increased by +7.86% 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 | +7.86% |
50-Day Moving Average | 112.56 |
200-Day Moving Average | 109.73 |
Relative Strength Index (RSI) | 42.94 |
Average Volume (20 Days) | 1,333,715 |
Short Selling Information
The latest short interest is 2.30 million, so 2.43% of the outstanding shares have been sold short.
Short Interest | 2.30M |
Short Previous Month | 2.17M |
Short % of Shares Out | 2.43% |
Short % of Float | 2.45% |
Short Ratio (days to cover) | 1.56 |
Income Statement
In the last 12 months, Qorvo had revenue of $4.01 billion and -$26.33 million in losses. Loss per share was -$0.27.
Revenue | 4.01B |
Gross Profit | 1.60B |
Operating Income | 445.20M |
Pretax Income | 124.52M |
Net Income | -26.33M |
EBITDA | 761.27M |
EBIT | 445.20M |
Loss Per Share | -$0.27 |
Full Income Statement Balance Sheet
The company has $1.08 billion in cash and $1.96 billion in debt, giving a net cash position of -$878.70 million or -$9.26 per share.
Cash & Cash Equivalents | 1.08B |
Total Debt | 1.96B |
Net Cash | -878.70M |
Net Cash Per Share | -$9.26 |
Equity (Book Value) | 3.49B |
Book Value Per Share | 36.71 |
Working Capital | 1.16B |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $869.39 million and capital expenditures -$125.99 million, giving a free cash flow of $743.39 million.
Operating Cash Flow | 869.39M |
Capital Expenditures | -125.99M |
Free Cash Flow | 743.39M |
FCF Per Share | $7.84 |
Full Cash Flow Statement Margins
Gross margin is 39.86%, with operating and profit margins of 11.12% and -0.66%.
Gross Margin | 39.86% |
Operating Margin | 11.12% |
Pretax Margin | 3.11% |
Profit Margin | -0.66% |
EBITDA Margin | 19.01% |
EBIT Margin | 11.12% |
FCF Margin | 18.76% |
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 | 3.72% |
Shareholder Yield | 3.72% |
Earnings Yield | -0.27% |
FCF Yield | 7.60% |
Dividend Details Analyst Forecast
The average price target for Qorvo is $118.53, which is 14.89% higher than the current price. The consensus rating is "Hold".
Price Target | $118.53 |
Price Target Difference | 14.89% |
Analyst Consensus | Hold |
Analyst Count | 18 |
Revenue Growth Forecast (5Y) | 7.62% |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock 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 3.09 and a Piotroski F-Score of 6.
Altman Z-Score | 3.09 |
Piotroski F-Score | 6 |