81.78 USD
-1.1 (-1.33%)
81.78 USD
0 (0%)
Overall QRVO gets a fundamental rating of 5 out of 10. We evaluated QRVO against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of QRVO get a neutral evaluation. Nothing too spectacular is happening here. QRVO scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes QRVO very considerable 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
QRVO's Return On Assets of 3.57% is fine compared to the rest of the industry. QRVO outperforms 61.95% of its industry peers.
Looking at the Return On Equity, with a value of 6.21%, QRVO is in the better half of the industry, outperforming 61.95% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.49%, QRVO is doing good in the industry, outperforming 72.57% of the companies in the same industry.
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 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
Looking at the Profit Margin, with a value of 5.95%, QRVO is in the better half of the industry, outperforming 61.06% of the companies in the same industry.
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 67.26% of its industry peers.
In the last couple of years the Operating Margin of QRVO has declined.
With a Gross Margin value of 43.80%, QRVO perfoms like the industry average, outperforming 49.56% of the companies in the same 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.
QRVO has less shares outstanding than it did 1 year ago.
QRVO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, QRVO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.92 indicates that QRVO is not a great score, but indicates only limited risk for bankruptcy at the moment.
QRVO has a Altman-Z score (2.92) which is in line with its industry peers.
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.
QRVO's Debt to FCF ratio of 2.90 is fine compared to the rest of the industry. QRVO outperforms 63.72% 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: 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 | 2.92 |
ROIC/WACC0.63
WACC10.36%
2.3 Liquidity
A Current Ratio of 2.95 indicates that QRVO has no problem at all paying its short term obligations.
QRVO has a Current ratio of 2.95. This is comparable to the rest of the industry: QRVO outperforms 52.21% of its industry peers.
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 |
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%.
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.
The Revenue has been growing slightly by 2.80% on average over the past years.
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 9.00% on average per year.
The Revenue is expected to grow by 3.72% on average over the next years.
EPS Next Y12.85%
EPS Next 2Y11%
EPS Next 3Y12.71%
EPS Next 5Y9%
Revenue Next Year1.85%
Revenue Next 2Y2.12%
Revenue Next 3Y3.12%
Revenue Next 5Y3.72%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.25, the valuation of QRVO can be described as correct.
96.46% of the companies in the same industry are more expensive than QRVO, based on the Price/Earnings ratio.
QRVO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 11.48, the valuation of QRVO can be described as very reasonable.
Based on the Price/Forward Earnings ratio, QRVO is valued cheaply inside the industry as 97.35% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of QRVO to the average of the S&P500 Index (23.92), we can say QRVO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.25 | ||
| Fwd PE | 11.48 |
4.2 Price Multiples
92.04% 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 93.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.15 | ||
| EV/EBITDA | 11.23 |
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 12.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.03
PEG (5Y)N/A
EPS Next 2Y11%
EPS Next 3Y12.71%
5. Dividend
5.1 Amount
No dividends for QRVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
81.78
-1.1 (-1.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners96.32%
Inst Owner Change-0.29%
Ins Owners1.19%
Ins Owner Change6.11%
Market Cap7.56B
Revenue(TTM)3.66B
Net Income(TTM)217.83M
Analysts67.74
Price Target104.3 (27.54%)
Short Float %2.22%
Short Ratio1.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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%
PT rev (3m)4.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.2%
EPS NY rev (1m)0.28%
EPS NY rev (3m)5.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.13%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)1.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.25 | ||
| Fwd PE | 11.48 | ||
| P/S | 2.06 | ||
| P/FCF | 14.15 | ||
| P/OCF | 11.11 | ||
| P/B | 2.15 | ||
| P/tB | 8.44 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)6.17
EY7.54%
EPS(NY)7.12
Fwd EY8.71%
FCF(TTM)5.78
FCFY7.07%
OCF(TTM)7.36
OCFY9%
SpS39.64
BVpS37.99
TBVpS9.69
PEG (NY)1.03
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 | 2.92 |
F-Score7
WACC10.36%
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 Y12.85%
EPS Next 2Y11%
EPS Next 3Y12.71%
EPS Next 5Y9%
Revenue 1Y (TTM)-7.22%
Revenue growth 3Y-7.15%
Revenue growth 5Y2.8%
Sales Q2Q%1.15%
Revenue Next Year1.85%
Revenue Next 2Y2.12%
Revenue Next 3Y3.12%
Revenue Next 5Y3.72%
EBIT growth 1Y18.37%
EBIT growth 3Y-33.27%
EBIT growth 5Y-4.58%
EBIT Next Year33.81%
EBIT Next 3Y15.84%
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.
Can you provide the valuation status for QORVO INC?
ChartMill assigns a valuation rating of 8 / 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 are the PE and PB ratios of QORVO INC (QRVO) stock?
The Price/Earnings (PE) ratio for QORVO INC (QRVO) is 13.25 and the Price/Book (PB) ratio is 2.15.
Can you provide the expected EPS growth for QRVO stock?
The Earnings per Share (EPS) of QORVO INC (QRVO) is expected to grow by 12.85% in the next year.