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Qorvo Inc QRVO

Morningstar Rating
$116.14 +0.13 (0.11%)
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Company Report

Price vs Fair Value

QRVO is trading at a 539% premium.
Price
$116.04
Fair Value
$698.00
Uncertainty
High
1-Star Price
$495.70
5-Star Price
$12.10
Economic Moat
Xdfks
Capital Allocation
Qtfmrlwgr

Bulls Say, Bears Say

Bulls

As wireless technologies shift to more advanced 5G networks, smartphones will require greater RF content per device, which should provide a nice runway for further growth at Qorvo.

Bears

Qorvo has significant customer concentration with Apple, and it would be a damaging blow if Apple were ever to switch to another vendor or suffer a severe slowdown in iPhone sales.

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News

Trading Information

Previous Close Price
$116.01
Day Range
$115.71116.90
52-Week Range
$80.76121.63
Bid/Ask
$115.58 / $116.29
Market Cap
$11.11 Bil
Volume/Avg
3,423 / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
18.65
Price/Sales
3.00
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
3.29%

Company Profile

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world’s most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Small Core
Total Number of Employees
8,700

Competitors

Valuation

Metric
QRVO
AVGO
QCOM
Price/Earnings (Normalized)
18.6536.8721.77
Price/Book Value
3.1310.649.10
Price/Sales
3.0016.936.17
Price/Cash Flow
16.3933.8121.92
Price/Earnings
QRVO
AVGO
QCOM

Financial Strength

Metric
QRVO
AVGO
QCOM
Quick Ratio
1.180.761.85
Current Ratio
1.991.252.65
Interest Coverage
2.064.7212.69
Quick Ratio
QRVO
AVGO
QCOM

Profitability

Metric
QRVO
AVGO
QCOM
Return on Assets (Normalized)
4.55%17.62%14.08%
Return on Equity (Normalized)
8.10%48.13%32.62%
Return on Invested Capital (Normalized)
6.20%23.28%19.56%
Return on Assets
QRVO
AVGO
QCOM
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