QRVO
Qorvo, Inc. [QRVO] Stock Forecast
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Qorvo, Inc. (QRVO) Q3 2024 Earnings Call Transcript
Qorvo, Inc. (QRVO) Q3 2024 Earnings Call Transcript
Qualcomm (QCOM) & Qorvo (QRVO) Earnings Just Released
Qualcomm's (QCOM) 1Q adjusted EPS came in at $2.75 versus an estimated $2.38 and its revenue came in at $9.29B versus an estimated $9.50B. The company also issued updated guidance.
QRVO Financial details
QRVO Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-04-01
| Metric | History | 2019-03-30 | 2020-03-28 | 2021-04-03 | 2022-04-02 | 2023-04-01 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 24.82 | 27.68 | 35.21 | 42.16 | 34.92 | |
| Net income per share | 1.07 | 2.86 | 6.43 | 9.38 | 1.01 | |
| Operating cash flow per share | 6.51 | 8.08 | 11.42 | 9.52 | 8.25 | |
| Free cash flow per share | 4.73 | 6.68 | 9.78 | 7.58 | 6.7 | |
| Cash per share | 5.72 | 6.11 | 12.29 | 8.85 | 7.92 | |
| Book value per share | 35.01 | 36.69 | 40.6 | 41.32 | 38.19 | |
| Tangible book value per share | 14.27 | 7.43 | 12.06 | 10.01 | 5.91 | |
| Share holders equity per share | 35.01 | 36.69 | 40.6 | 41.32 | 38.19 | |
| Interest debt per share | 7.73 | 13.97 | 15.99 | 19.31 | 20.9 | |
| Market cap | 8.93B | 9.44B | 22B | 13.39B | 10.38B | |
| Enterprise value | 9.14B | 10.29B | 22.34B | 14.46B | 11.62B | |
| P/E ratio | 67.1 | 28.24 | 29.98 | 12.96 | 100.64 | |
| Price to sales ratio | 2.89 | 2.91 | 5.48 | 2.88 | 2.91 | |
| POCF ratio | 11.02 | 9.98 | 16.9 | 12.76 | 12.31 | |
| PFCF ratio | 15.16 | 12.08 | 19.73 | 16.02 | 15.17 | |
| P/B Ratio | 2.05 | 2.2 | 4.75 | 2.94 | 2.66 | |
| PTB ratio | 2.05 | 2.2 | 4.75 | 2.94 | 2.66 | |
| EV to sales | 2.96 | 3.18 | 5.56 | 3.11 | 3.26 | |
| Enterprise value over EBITDA | 67.33 | 22.6 | 25.31 | 11.62 | 60.18 | |
| EV to operating cash flow | 11.28 | 10.89 | 17.16 | 13.79 | 13.78 | |
| EV to free cash flow | 15.51 | 13.17 | 20.04 | 17.31 | 16.98 | |
| Earnings yield | 0.01 | 0.04 | 0.03 | 0.08 | 0.01 | |
| Free cash flow yield | 0.07 | 0.08 | 0.05 | 0.06 | 0.07 | |
| Debt to equity | 0.21 | 0.37 | 0.38 | 0.45 | 0.53 | |
| Debt to assets | 0.16 | 0.24 | 0.24 | 0.27 | 0.31 | |
| Net debt to EBITDA | 1.53 | 1.87 | 0.39 | 0.86 | 6.42 | |
| Current ratio | 3.87 | 3.14 | 3.64 | 3.63 | 3.65 | |
| Interest coverage | 4.17 | -0.22 | 5.67 | 13.94 | 2.68 | |
| Income quality | 6.09 | 2.83 | 1.77 | 1.02 | 8.17 | |
| Dividend Yield | 0 | 0.07 | 0.05 | 0 | 0 | |
| Payout ratio | 0 | 1.97 | 1.64 | 0 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0.15 | 0.15 | 0.14 | 0.13 | 0.18 | |
| Intangibles to total assets | 0.44 | 0.52 | 0.45 | 0.46 | 0.49 | |
| Capex to operating cash flow | -0.27 | -0.17 | -0.14 | -0.2 | -0.19 | |
| Capex to revenue | -0.07 | -0.05 | -0.05 | -0.05 | -0.04 | |
| Capex to depreciation | -0.33 | -0.35 | -0.41 | -0.59 | -0.47 | |
| Stock based compensation to revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | |
| Graham number | 29.02 | 48.57 | 76.66 | 93.37 | 29.45 | |
| ROIC | 0.05 | 0 | 0.06 | 0.12 | 0.03 | |
| Return on tangible assets | 0.04 | 0.11 | 0.18 | 0.25 | 0.03 | |
| Graham Net | -1.58 | -8.71 | -5.2 | -10.67 | -13.23 | |
| Working capital | 1.25B | 1.15B | 1.8B | 1.77B | 1.47B | |
| Tangible asset value | 1.78B | 869.5M | 1.38B | 1.1B | 604.28M | |
| Net current asset value | 236.5M | -577.52M | -108.24M | -505.99M | -759.32M | |
| Invested capital | 0.21 | 0.37 | 0.38 | 0.45 | 0.53 | |
| Average receivables | 362.06M | 372.67M | 412.3M | 513.14M | 436.68M | |
| Average payables | 223.25M | 240.13M | 280.41M | 320.89M | 269.31M | |
| Average inventory | 492.04M | 514.5M | 512.49M | 631.77M | 776.17M | |
| Days sales outstanding | 44.67 | 41.37 | 41.58 | 44.69 | 31.14 | |
| Days payables outstanding | 44.93 | 47.01 | 53.74 | 50.73 | 33.84 | |
| Days of inventory on hand | 98.57 | 98.46 | 86.94 | 116.91 | 127.95 | |
| Receivables turnover | 8.17 | 8.82 | 8.78 | 8.17 | 11.72 | |
| Payables turnover | 8.12 | 7.76 | 6.79 | 7.2 | 10.79 | |
| Inventory turnover | 3.7 | 3.71 | 4.2 | 3.12 | 2.85 | |
| ROE | 0.03 | 0.08 | 0.16 | 0.23 | 0.03 | |
| Capex per share | -1.77 | -1.4 | -1.64 | -1.94 | -1.56 |
Quarterly Fundamentals Overview
Last date of statement is 2023-12-30 for Q3
| Metric | History | 2022-12-31 | 2023-04-01 | 2023-07-01 | 2023-09-30 | 2023-12-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 7.36 | 6.41 | 6.61 | 11.27 | 11.05 | |
| Net income per share | -0.16 | -1.4 | -0.44 | 1 | -1.31 | |
| Operating cash flow per share | 2.35 | 0.66 | 0.46 | 0.95 | 5.07 | |
| Free cash flow per share | 2.01 | 0.32 | 0.06 | 0.66 | 4.8 | |
| Cash per share | 9.1 | 8.21 | 7.56 | 7.22 | 11.03 | |
| Book value per share | 41.26 | 39.56 | 38.7 | 38.97 | 37.45 | |
| Tangible book value per share | 8.19 | 6.13 | 5.52 | 6.49 | 6.15 | |
| Share holders equity per share | 41.26 | 39.56 | 38.7 | 38.97 | 37.45 | |
| Interest debt per share | 20.46 | 21.13 | 20.97 | 21.09 | 21.08 | |
| Market cap | 9.15B | 10.02B | 10.05B | 9.35B | 10.94B | |
| Enterprise value | 10.28B | 11.26B | 11.35B | 10.69B | 11.9B | |
| P/E ratio | -143.58 | -18.1 | -57.66 | 23.99 | -21.55 | |
| Price to sales ratio | 12.31 | 15.84 | 15.44 | 8.47 | 10.19 | |
| POCF ratio | 38.55 | 153.11 | 223.91 | 100.54 | 22.19 | |
| PFCF ratio | 45.08 | 319.68 | 1.85K | 145.19 | 23.45 | |
| P/B Ratio | 2.2 | 2.57 | 2.64 | 2.45 | 3.01 | |
| PTB ratio | 2.2 | 2.57 | 2.64 | 2.45 | 3.01 | |
| EV to sales | 13.83 | 17.8 | 17.44 | 9.69 | 11.08 | |
| Enterprise value over EBITDA | 719.23 | -61.94 | -329.89 | 68.26 | 225.98 | |
| EV to operating cash flow | 43.3 | 172.04 | 252.95 | 114.96 | 24.14 | |
| EV to free cash flow | 50.64 | 359.22 | 2.09K | 166.03 | 25.51 | |
| Earnings yield | 0 | -0.01 | 0 | 0.01 | -0.01 | |
| Free cash flow yield | 0.02 | 0 | 0 | 0.01 | 0.04 | |
| Debt to equity | 0.49 | 0.53 | 0.54 | 0.54 | 0.56 | |
| Debt to assets | 0.29 | 0.31 | 0.31 | 0.3 | 0.3 | |
| Net debt to EBITDA | 79 | -6.82 | -37.88 | 8.57 | 18.2 | |
| Current ratio | 3.68 | 3.65 | 3.27 | 3.37 | 1.9 | |
| Interest coverage | -4.1 | -10.96 | -2.79 | 8.84 | -2.36 | |
| Income quality | -14.9 | -0.47 | -1.03 | 0.95 | -3.88 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | -0.14 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0.2 | 0.26 | 0.25 | 0.16 | 0.15 | |
| Intangibles to total assets | 0.47 | 0.49 | 0.49 | 0.47 | 0.45 | |
| Capex to operating cash flow | -0.14 | -0.52 | -0.88 | -0.31 | -0.05 | |
| Capex to revenue | -0.05 | -0.05 | -0.06 | -0.03 | -0.02 | |
| Capex to depreciation | -0.41 | -0.4 | -0.49 | -0.36 | -0.34 | |
| Stock based compensation to revenue | 0.03 | 0.03 | 0.06 | 0.04 | 0.02 | |
| Graham number | 12.1 | 35.34 | 19.63 | 29.54 | 33.18 | |
| ROIC | -0.06 | -0.02 | -0.01 | 0.02 | -0.02 | |
| Return on tangible assets | 0 | -0.04 | -0.01 | 0.03 | -0.03 | |
| Graham Net | -12.76 | -13.71 | -14.62 | -13.58 | -12.76 | |
| Working capital | 1.64B | 1.47B | 1.45B | 1.59B | 1.15B | |
| Tangible asset value | 827.05M | 604.28M | 544.12M | 635.71M | 597.92M | |
| Net current asset value | -653.95M | -759.32M | -786.59M | -638.46M | -632.67M | |
| Invested capital | 0.49 | 0.53 | 0.54 | 0.54 | 0.56 | |
| Average receivables | 506.38M | 336.08M | 306.22M | 450.33M | 553.7M | |
| Average payables | 273.68M | 217.91M | 252.44M | 284.71M | 279.11M | |
| Average inventory | 849.06M | 826.94M | 856.99M | 878.62M | 783.27M | |
| Days sales outstanding | 44.52 | 43.32 | 42.56 | 48.34 | 43.13 | |
| Days payables outstanding | 42.63 | 36.61 | 62.72 | 40.36 | 37.12 | |
| Days of inventory on hand | 162.35 | 138.41 | 195.61 | 123.15 | 95.34 | |
| Receivables turnover | 2.02 | 2.08 | 2.11 | 1.86 | 2.09 | |
| Payables turnover | 2.11 | 2.46 | 1.43 | 2.23 | 2.42 | |
| Inventory turnover | 0.55 | 0.65 | 0.46 | 0.73 | 0.94 | |
| ROE | 0 | -0.04 | -0.01 | 0.03 | -0.03 | |
| Capex per share | -0.34 | -0.35 | -0.4 | -0.29 | -0.27 |
QRVO Frequently Asked Questions
What is Qorvo, Inc. stock symbol ?
Qorvo, Inc. is a US stock , located in Greensboro of Nc and trading under the symbol QRVO
Is Qorvo, Inc. buy or a sell ?
32 stock analysts have 32 predictions with a medium analyst target price of $139.94. The lowest prediction is $85 and the highest is $245
What is QRVO stock prediction ?
With a median analyst target price of $125, 1 stock analysts have made 1 forecasts in last 90 days. $125 is the lowest and $125 is the greatest projection.
What is Qorvo, Inc. stock quote today ?
Qorvo, Inc. stock price is $110.07 today.
Is Qorvo, Inc. stock public?
Yes, Qorvo, Inc. is a publicly traded company.
Company Profile
- Volume Average 1.26M
- Market Capitalization 10.75B
- Employee 8.5K
- CEO Mr. Robert A. Bruggeworth
- Headquarters Greensboro,NC,US
- IPO Date 2015-01-02
-
Website
https://www.qorvo.com 
Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. It offers mobile devices, such as smartphones, wearables, laptops, tablets and other devices; radio frequency power management integrated circuits, ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches; and cellular base stations include switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power amplifier (PA) Doherty modules, discrete LNAs, and high power GaN amplifiers. The company's also provides SiC products, such as Schottky diodes and transistors for automotive, industrial, IT infrastructure and renewable energy markets; SoC hardware, firmware, and application software for smart home applications; power management solutions include programmable power management integrated circuits (ICs) and power application controllers; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; RF connectivity and UWB SoC solutions for automotive connectivity; and Wi-Fi products, such as PAs, switches, LNAs and bulk acoustic wave filters, as well as integrated solutions including front end modules (FEMs) and integrated FEMs. It sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.
