85.89 USD
+0.27 (+0.32%)
85.89 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. QRVO has an excellent financial health rating, but there are some minor concerns on its profitability. QRVO is cheap, but on the other hand it scores bad on growth. With these ratings, QRVO could be worth investigating further 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.
QRVO had positive earnings in 4 of the past 5 years.
Each year in the past 5 years QRVO had a positive operating cash flow.
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.
Looking at the Return On Equity, with a value of 6.21%, QRVO is in the better half of the industry, outperforming 65.18% of the companies in the same industry.
QRVO has a better Return On Invested Capital (6.49%) than 72.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for QRVO is significantly below the industry average of 10.76%.
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.
QRVO's Profit Margin has declined in the last couple of years.
The Operating Margin of QRVO (11.86%) is better than 68.75% of its industry peers.
In the last couple of years the Operating Margin of QRVO has declined.
The Gross Margin of QRVO (43.80%) is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), QRVO is destroying value.
Compared to 1 year ago, QRVO has less shares outstanding
The number of shares outstanding for QRVO has been reduced compared to 5 years ago.
Compared to 1 year ago, QRVO has an improved debt to assets ratio.
2.2 Solvency
QRVO has an Altman-Z score of 3.00. This indicates that QRVO is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of QRVO (3.00) is comparable to the rest of the industry.
The Debt to FCF ratio of QRVO is 2.90, which is a good value as it means it would take QRVO, 2.90 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.90, QRVO is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
QRVO has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
QRVO has a Debt to Equity ratio of 0.44. This is in the lower half of the industry: QRVO underperforms 66.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.9 | ||
| Altman-Z | 3 |
ROIC/WACC0.63
WACC10.27%
2.3 Liquidity
A Current Ratio of 2.95 indicates that QRVO has no problem at all paying its short term obligations.
QRVO's Current ratio of 2.95 is in line compared to the rest of the industry. QRVO outperforms 50.89% of its industry peers.
A Quick Ratio of 2.20 indicates that QRVO has no problem at all paying its short term obligations.
QRVO's Quick ratio of 2.20 is in line compared to the rest of the industry. QRVO outperforms 52.68% of its industry peers.
| 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.
The Earnings Per Share has been decreasing by -1.74% on average over the past years.
The Revenue has decreased by -7.22% in the past year.
QRVO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.80% yearly.
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
Based on estimates for the next years, QRVO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.32% on average per year.
The Revenue is expected to grow by 3.18% on average over the next years.
EPS Next Y8.64%
EPS Next 2Y9.97%
EPS Next 3Y11.55%
EPS Next 5Y8.32%
Revenue Next Year1.38%
Revenue Next 2Y2.64%
Revenue Next 3Y3.31%
Revenue Next 5Y3.18%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
QRVO is valuated correctly with a Price/Earnings ratio of 13.92.
94.64% of the companies in the same industry are more expensive than QRVO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of QRVO to the average of the S&P500 Index (26.31), we can say QRVO is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.29, which indicates a correct valuation of QRVO.
Based on the Price/Forward Earnings ratio, QRVO is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, QRVO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.92 | ||
| Fwd PE | 12.29 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QRVO indicates a rather cheap valuation: QRVO is cheaper than 91.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.9 | ||
| EV/EBITDA | 11.76 |
4.3 Compensation for Growth
QRVO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of QRVO may justify a higher PE ratio.
PEG (NY)1.61
PEG (5Y)N/A
EPS Next 2Y9.97%
EPS Next 3Y11.55%
5. Dividend
5.1 Amount
QRVO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
85.89
+0.27 (+0.32%)
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 Cap7.96B
Revenue(TTM)3.66B
Net Income(TTM)217.83M
Analysts65.81
Price Target103.42 (20.41%)
Short Float %2.38%
Short Ratio1.1
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)1.35%
Revenue NQ rev (3m)1.73%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.92 | ||
| Fwd PE | 12.29 | ||
| P/S | 2.17 | ||
| P/FCF | 14.9 | ||
| P/OCF | 11.7 | ||
| P/B | 2.27 | ||
| P/tB | 8.89 | ||
| EV/EBITDA | 11.76 |
EPS(TTM)6.17
EY7.18%
EPS(NY)6.99
Fwd EY8.14%
FCF(TTM)5.77
FCFY6.71%
OCF(TTM)7.34
OCFY8.55%
SpS39.54
BVpS37.88
TBVpS9.67
PEG (NY)1.61
PEG (5Y)N/A
Graham Number72.52
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 |
F-Score7
WACC10.27%
ROIC/WACC0.63
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 3Y11.55%
EPS Next 5Y8.32%
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 3Y3.31%
Revenue Next 5Y3.18%
EBIT growth 1Y18.37%
EBIT growth 3Y-33.27%
EBIT growth 5Y-4.58%
EBIT Next Year36.5%
EBIT Next 3Y14.24%
EBIT Next 5Y12.98%
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 13.92 and the Price/Book (PB) ratio is 2.27.