Overall QRVO gets a fundamental rating of 5 out of 10. We evaluated QRVO against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. QRVO has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on QRVO. With these ratings, QRVO could be worth investigating further for value investing!.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

In the past year QRVO was profitable.
QRVO had a positive operating cash flow in the past year.
Of the past 5 years QRVO 4 years were profitable.
QRVO had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

QRVO has a Return On Assets of 3.57%. This is in the better half of the industry: QRVO outperforms 61.95% of its industry peers.
QRVO's Return On Equity of 6.21% is fine compared to the rest of the industry. QRVO outperforms 61.95% of its industry peers.
QRVO has a Return On Invested Capital of 6.49%. This is in the better half of the industry: QRVO outperforms 72.57% of its industry peers.
QRVO had an Average Return On Invested Capital over the past 3 years of 4.84%. This is significantly below the industry average of 10.75%.
The last Return On Invested Capital (6.49%) for QRVO is above the 3 year average (4.84%), which is a sign of increasing profitability.

		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 61.06% 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 67.26% of the companies in the same industry.
In the last couple of years the Operating Margin of QRVO has declined.
Looking at the Gross Margin, with a value of 43.80%, QRVO is in line with its industry, outperforming 49.56% of the companies in the same industry.
In the last couple of years the Gross Margin of QRVO has remained more or less at the same level.

		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%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), QRVO is destroying value.
QRVO has less shares outstanding than it did 1 year ago.
QRVO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for QRVO has been reduced compared to a year ago.

2.2 Solvency

An Altman-Z score of 2.90 indicates that QRVO is not a great score, but indicates only limited risk for bankruptcy at the moment.
QRVO has a worse Altman-Z score (2.90) than 60.18% of its industry peers.
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.
With a decent Debt to FCF ratio value of 2.90, QRVO is doing good in the industry, outperforming 63.72% 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.
With a Debt to Equity ratio value of 0.44, QRVO is not doing good in the industry: 68.14% of the companies in the same industry are doing better.

		Industry Rank	Sector Rank
Debt/Equity	0.44
Debt/FCF	2.9
Altman-Z	2.9

ROIC/WACC0.62

WACC10.4%

2.3 Liquidity

QRVO has a Current Ratio of 2.95. This indicates that QRVO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of QRVO (2.95) is comparable to the rest of the industry.
A Quick Ratio of 2.20 indicates that QRVO has no problem at all paying its short term obligations.
With a Quick ratio value of 2.20, QRVO perfoms like the industry average, outperforming 52.21% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	2.95
Quick Ratio	2.2

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

QRVO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.12%.
QRVO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.74% yearly.
Looking at the last year, QRVO shows a decrease in Revenue. The Revenue has decreased by -7.22% in the last 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

The Earnings Per Share is expected to grow by 9.00% on average over the next years. This is quite good.
QRVO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.72% yearly.

EPS Next Y12.53%

EPS Next 2Y10.03%

EPS Next 3Y12.79%

EPS Next 5Y9%

Revenue Next Year1.85%

Revenue Next 2Y2.11%

Revenue Next 3Y3.25%

Revenue Next 5Y3.72%

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 accelerating.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 13.11, QRVO is valued correctly.
QRVO's Price/Earnings ratio is rather cheap when compared to the industry. QRVO is cheaper than 95.58% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, QRVO is valued rather cheaply.
A Price/Forward Earnings ratio of 11.56 indicates a reasonable valuation of QRVO.
QRVO's Price/Forward Earnings ratio is rather cheap when compared to the industry. QRVO is cheaper than 95.58% 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 25.98.

		Industry Rank	Sector Rank
PE	13.11
Fwd PE	11.56

4.2 Price Multiples

92.92% 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 cheaply inside the industry as 93.81% of the companies are valued more expensively.

		Industry Rank	Sector Rank
P/FCF	14
EV/EBITDA	11.11

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.
QRVO's earnings are expected to grow with 12.79% in the coming years. This may justify a more expensive valuation.