89.96 USD
+0.99 (+1.11%)
89.96 USD
0 (0%)
QRVO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While QRVO has a great health rating, its profitability is only average at the moment. QRVO has a bad growth rate and is valued cheaply. These ratings would make QRVO suitable for value investing!
1. Profitability
1.1 Basic Checks
QRVO had positive earnings in the past year.
In the past year QRVO had a positive cash flow from operations.
Of the past 5 years QRVO 4 years were profitable.
In the past 5 years QRVO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.57%, QRVO is in the better half of the industry, outperforming 65.18% of the companies in the same industry.
The Return On Equity of QRVO (6.21%) is better than 65.18% of its industry peers.
QRVO has a better Return On Invested Capital (6.49%) than 72.32% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QRVO is significantly below the industry average of 10.79%.
The 3 year average ROIC (4.84%) for QRVO is below the current ROIC(6.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 6.21% | ||
| ROIC | 6.49% |
ROA(3y)0.47%
ROA(5y)5.07%
ROE(3y)0.77%
ROE(5y)8.17%
ROIC(3y)4.84%
ROIC(5y)8.01%
1.3 Margins
The Profit Margin of QRVO (5.95%) is better than 63.39% of its industry peers.
In the last couple of years the Profit Margin of QRVO has declined.
Looking at the Operating Margin, with a value of 11.86%, QRVO is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
In the last couple of years the Operating Margin of QRVO has declined.
QRVO has a Gross Margin (43.80%) which is in line with its industry peers.
QRVO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.86% | ||
| PM (TTM) | 5.95% | ||
| GM | 43.8% |
OM growth 3Y-28.13%
OM growth 5Y-7.18%
PM growth 3Y-59.34%
PM growth 5Y-32.05%
GM growth 3Y-5.12%
GM growth 5Y0.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so QRVO is destroying value.
Compared to 1 year ago, QRVO has less shares outstanding
Compared to 5 years ago, QRVO has less shares outstanding
QRVO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.07 indicates that QRVO is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.07, QRVO perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
QRVO has a debt to FCF ratio of 2.90. This is a good value and a sign of high solvency as QRVO would need 2.90 years to pay back of all of its debts.
QRVO has a better Debt to FCF ratio (2.90) than 64.29% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that QRVO is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.44, QRVO is not doing good in the industry: 66.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.9 | ||
| Altman-Z | 3.07 |
ROIC/WACC0.64
WACC10.1%
2.3 Liquidity
A Current Ratio of 2.95 indicates that QRVO has no problem at all paying its short term obligations.
The Current ratio of QRVO (2.95) is comparable to the rest of the industry.
QRVO has a Quick Ratio of 2.20. This indicates that QRVO is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of QRVO (2.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.2 |
3. Growth
3.1 Past
The earnings per share for QRVO have decreased by -1.12% in the last year.
QRVO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.74% yearly.
The Revenue has decreased by -7.22% in the past year.
Measured over the past years, QRVO shows a small growth in Revenue. The Revenue has been growing by 2.80% on average per year.
EPS 1Y (TTM)-1.12%
EPS 3Y-22.36%
EPS 5Y-1.74%
EPS Q2Q%18.09%
Revenue 1Y (TTM)-7.22%
Revenue growth 3Y-7.15%
Revenue growth 5Y2.8%
Sales Q2Q%1.15%
3.2 Future
QRVO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.00% yearly.
Based on estimates for the next years, QRVO will show a small growth in Revenue. The Revenue will grow by 3.14% on average per year.
EPS Next Y8.64%
EPS Next 2Y9.97%
EPS Next 3Y12.15%
EPS Next 5Y9%
Revenue Next Year1.38%
Revenue Next 2Y2.64%
Revenue Next 3Y3.13%
Revenue Next 5Y3.14%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.58 indicates a correct valuation of QRVO.
Based on the Price/Earnings ratio, QRVO is valued cheaply inside the industry as 94.64% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.46. QRVO is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.87 indicates a correct valuation of QRVO.
QRVO's Price/Forward Earnings ratio is rather cheap when compared to the industry. QRVO is cheaper than 97.32% of the companies in the same industry.
QRVO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.58 | ||
| Fwd PE | 12.87 |
4.2 Price Multiples
88.39% of the companies in the same industry are more expensive than QRVO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, QRVO is valued cheaper than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.56 | ||
| EV/EBITDA | 12.16 |
4.3 Compensation for Growth
QRVO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
QRVO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as QRVO's earnings are expected to grow with 12.15% in the coming years.
PEG (NY)1.69
PEG (5Y)N/A
EPS Next 2Y9.97%
EPS Next 3Y12.15%
5. Dividend
5.1 Amount
No dividends for QRVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
89.96
+0.99 (+1.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners102.19%
Inst Owner Change-4.3%
Ins Owners0.54%
Ins Owner Change6.1%
Market Cap8.31B
Revenue(TTM)3.66B
Net Income(TTM)217.83M
Analysts65.81
Price Target103.42 (14.96%)
Short Float %2.12%
Short Ratio1.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.16%
Min EPS beat(2)5.11%
Max EPS beat(2)49.2%
EPS beat(4)4
Avg EPS beat(4)31.06%
Min EPS beat(4)5.11%
Max EPS beat(4)49.2%
EPS beat(8)7
Avg EPS beat(8)22.5%
EPS beat(12)11
Avg EPS beat(12)36.94%
EPS beat(16)15
Avg EPS beat(16)28.79%
Revenue beat(2)2
Avg Revenue beat(2)2.01%
Min Revenue beat(2)0.52%
Max Revenue beat(2)3.5%
Revenue beat(4)3
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)3.5%
Revenue beat(8)5
Avg Revenue beat(8)1.3%
Revenue beat(12)7
Avg Revenue beat(12)1.53%
Revenue beat(16)8
Avg Revenue beat(16)0.99%
PT rev (1m)3.33%
PT rev (3m)5.22%
EPS NQ rev (1m)2.24%
EPS NQ rev (3m)3.36%
EPS NY rev (1m)1.24%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)0.65%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.58 | ||
| Fwd PE | 12.87 | ||
| P/S | 2.27 | ||
| P/FCF | 15.56 | ||
| P/OCF | 12.22 | ||
| P/B | 2.37 | ||
| P/tB | 9.28 | ||
| EV/EBITDA | 12.16 |
EPS(TTM)6.17
EY6.86%
EPS(NY)6.99
Fwd EY7.77%
FCF(TTM)5.78
FCFY6.43%
OCF(TTM)7.36
OCFY8.18%
SpS39.64
BVpS37.99
TBVpS9.69
PEG (NY)1.69
PEG (5Y)N/A
Graham Number72.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 6.21% | ||
| ROCE | 8.21% | ||
| ROIC | 6.49% | ||
| ROICexc | 8.19% | ||
| ROICexgc | 21.81% | ||
| OM | 11.86% | ||
| PM (TTM) | 5.95% | ||
| GM | 43.8% | ||
| FCFM | 14.58% |
ROA(3y)0.47%
ROA(5y)5.07%
ROE(3y)0.77%
ROE(5y)8.17%
ROIC(3y)4.84%
ROIC(5y)8.01%
ROICexc(3y)5.94%
ROICexc(5y)9.75%
ROICexgc(3y)18.11%
ROICexgc(5y)26.71%
ROCE(3y)6.13%
ROCE(5y)10.14%
ROICexgc growth 3Y-21.22%
ROICexgc growth 5Y0.33%
ROICexc growth 3Y-25%
ROICexc growth 5Y0.33%
OM growth 3Y-28.13%
OM growth 5Y-7.18%
PM growth 3Y-59.34%
PM growth 5Y-32.05%
GM growth 3Y-5.12%
GM growth 5Y0.08%
F-Score7
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.9 | ||
| Debt/EBITDA | 2.17 | ||
| Cap/Depr | 52.43% | ||
| Cap/Sales | 3.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.43% | ||
| Profit Quality | 245.23% | ||
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.2 | ||
| Altman-Z | 3.07 |
F-Score7
WACC10.1%
ROIC/WACC0.64
Cap/Depr(3y)44.31%
Cap/Depr(5y)46.6%
Cap/Sales(3y)3.84%
Cap/Sales(5y)4.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.12%
EPS 3Y-22.36%
EPS 5Y-1.74%
EPS Q2Q%18.09%
EPS Next Y8.64%
EPS Next 2Y9.97%
EPS Next 3Y12.15%
EPS Next 5Y9%
Revenue 1Y (TTM)-7.22%
Revenue growth 3Y-7.15%
Revenue growth 5Y2.8%
Sales Q2Q%1.15%
Revenue Next Year1.38%
Revenue Next 2Y2.64%
Revenue Next 3Y3.13%
Revenue Next 5Y3.14%
EBIT growth 1Y18.37%
EBIT growth 3Y-33.27%
EBIT growth 5Y-4.58%
EBIT Next Year36.5%
EBIT Next 3Y14.64%
EBIT Next 5Y13.28%
FCF growth 1Y75.66%
FCF growth 3Y-16.61%
FCF growth 5Y-9.12%
OCF growth 1Y54.33%
OCF growth 3Y-15.98%
OCF growth 5Y-8.03%
QORVO INC / QRVO FAQ
Can you provide the ChartMill fundamental rating for QORVO INC?
ChartMill assigns a fundamental rating of 5 / 10 to QRVO.
What is the valuation status for QRVO stock?
ChartMill assigns a valuation rating of 7 / 10 to QORVO INC (QRVO). This can be considered as Undervalued.
What is the profitability of QRVO stock?
QORVO INC (QRVO) has a profitability rating of 6 / 10.
What is the valuation of QORVO INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for QORVO INC (QRVO) is 14.58 and the Price/Book (PB) ratio is 2.37.