QORVO INC (QRVO) Stock Fundamental Analysis
USA - NASDAQ:QRVO - US74736K1016 - Common Stock
84.98 USD
-1.22 (-1.42%)
84.98 USD
0 (0%)
Taking everything into account, QRVO scores 5 out of 10 in our fundamental rating. QRVO was compared to 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.
QRVO had a positive operating cash flow in the past year.
QRVO had positive earnings in 4 of the past 5 years.
In the past 5 years QRVO always reported a positive cash flow from operatings.
1.2 Ratios
QRVO has a better Return On Assets (3.57%) than 63.39% of its industry peers.
QRVO has a Return On Equity of 6.21%. This is in the better half of the industry: QRVO outperforms 65.18% 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 70.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QRVO is significantly below the industry average of 10.93%.
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
QRVO has a better Profit Margin (5.95%) than 61.61% of its industry peers.
QRVO's Profit Margin has declined in the last couple of years.
QRVO's Operating Margin of 11.86% is fine compared to the rest of the industry. QRVO outperforms 68.75% of its industry peers.
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.
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so QRVO is destroying value.
The number of shares outstanding for QRVO has been reduced compared to 1 year ago.
QRVO has less shares outstanding than it did 5 years ago.
QRVO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.02 indicates that QRVO is not in any danger for bankruptcy at the moment.
QRVO has a Altman-Z score (3.02) which is in line with 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 64.29% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that QRVO is not too dependend on debt financing.
QRVO has a worse Debt to Equity ratio (0.44) than 67.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.9 | ||
| Altman-Z | 3.02 |
ROIC/WACC0.62
WACC10.39%
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.
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
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.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
QRVO is valuated correctly with a Price/Earnings ratio of 13.77.
Based on the Price/Earnings ratio, QRVO is valued cheaper than 95.54% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. QRVO is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.16, which indicates a correct valuation of QRVO.
Based on the Price/Forward Earnings ratio, QRVO is valued cheaper than 95.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. QRVO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 12.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QRVO indicates a rather cheap valuation: QRVO is cheaper than 88.39% of the companies listed in the same industry.
91.96% of the companies in the same industry are more expensive than QRVO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.74 | ||
| EV/EBITDA | 11.83 |
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)1.59
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 |
84.98
-1.22 (-1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners102.19%
Inst Owner Change2.15%
Ins Owners0.54%
Ins Owner Change17.37%
Market Cap7.87B
Revenue(TTM)3.66B
Net Income(TTM)217.83M
Analysts65.81
Price Target99.13 (16.65%)
Short Float %3.13%
Short Ratio1.74
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)-0.96%
PT rev (3m)0.85%
EPS NQ rev (1m)2.58%
EPS NQ rev (3m)7.21%
EPS NY rev (1m)1.77%
EPS NY rev (3m)13.43%
Revenue NQ rev (1m)0.48%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 12.16 | ||
| P/S | 2.15 | ||
| P/FCF | 14.74 | ||
| P/OCF | 11.58 | ||
| P/B | 2.24 | ||
| P/tB | 8.79 | ||
| EV/EBITDA | 11.83 |
EPS(TTM)6.17
EY7.26%
EPS(NY)6.99
Fwd EY8.23%
FCF(TTM)5.77
FCFY6.78%
OCF(TTM)7.34
OCFY8.64%
SpS39.54
BVpS37.88
TBVpS9.67
PEG (NY)1.59
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 | 3.02 |
F-Score7
WACC10.39%
ROIC/WACC0.62
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 13.77 and the Price/Book (PB) ratio is 2.24.