Qorvo Statistics
Total Valuation
Qorvo has a market cap or net worth of $9.56 billion. The enterprise value is $10.36 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 | 14.86 |
| PS Ratio | 2.42 |
| Forward PS | 2.34 |
| PB Ratio | 2.72 |
| P/FCF Ratio | 12.76 |
| PEG Ratio | 0.79 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.62, with an EV/FCF ratio of 13.94.
| EV / Earnings | n/a |
| EV / Sales | 2.59 |
| EV / EBITDA | 13.62 |
| EV / EBIT | 23.28 |
| EV / FCF | 13.94 |
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 +4.24% 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 | +4.24% |
| 50-Day Moving Average | 113.00 |
| 200-Day Moving Average | 109.70 |
| Relative Strength Index (RSI) | 36.76 |
| Average Volume (20 Days) | 1,221,651 |
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 StatementBalance 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 SheetCash 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 StatementMargins
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 | -0.28% |
| FCF Yield | 7.84% |
Dividend DetailsAnalyst Forecast
The average price target for Qorvo is $118.53, which is 17.65% higher than the current price. The consensus rating is "Hold".
| Price Target | $118.53 |
| Price Target Difference | 17.65% |
| Analyst Consensus | Hold |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 7.62% |
| 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 3.09 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.09 |
| Piotroski F-Score | 6 |