Financials Qorvo, Inc.

Equities

QRVO

US74736K1016

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
116.8 USD +1.79% Intraday chart for Qorvo, Inc. +11.32% +3.68%

Valuation

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,989 8,628 21,848 13,176 10,146 11,272 - -
Enterprise Value (EV) 1 9,198 9,480 22,193 14,250 11,385 12,319 12,310 12,121
P/E ratio 69.7 x 26.6 x 30.5 x 13.1 x 102 x -359 x 29.1 x 18.6 x
Yield - - - - - - - -
Capitalization / Revenue 2.91 x 2.66 x 5.44 x 2.84 x 2.84 x 3 x 2.73 x 2.54 x
EV / Revenue 2.98 x 2.93 x 5.53 x 3.07 x 3.19 x 3.28 x 2.98 x 2.73 x
EV / EBITDA 8.89 x 8.76 x 14.8 x 8.08 x 11.8 x 13.5 x 11 x 9.36 x
EV / FCF 15.6 x 12.1 x 19.9 x 17.1 x 16.6 x 20.7 x 17.3 x 12.9 x
FCF Yield 6.41% 8.24% 5.02% 5.87% 6.01% 4.83% 5.78% 7.73%
Price to Book 2 x 2.07 x 4.83 x 2.98 x 2.68 x 3.1 x 2.85 x 2.45 x
Nbr of stocks (in thousands) 122,789 115,685 113,263 108,432 99,889 96,548 - -
Reference price 2 73.21 74.58 192.9 121.5 101.6 116.8 116.8 116.8
Announcement Date 5/7/19 5/7/20 5/5/21 5/4/22 5/3/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,090 3,239 4,015 4,646 3,569 3,755 4,126 4,440
EBITDA 1 1,035 1,082 1,495 1,763 960.9 915.6 1,124 1,295
EBIT 1 826.3 860.8 1,292 1,552 754.4 707.6 875.1 1,034
Operating Margin 26.74% 26.58% 32.17% 33.4% 21.14% 18.84% 21.21% 23.28%
Earnings before Tax (EBT) 1 91.79 395.1 807.4 1,181 124.6 91.71 553.3 762.6
Net income 1 133.1 334.3 733.6 1,033 103.2 -25.47 408.9 662.7
Net margin 4.31% 10.32% 18.27% 22.24% 2.89% -0.68% 9.91% 14.93%
EPS 2 1.050 2.800 6.320 9.260 1.000 -0.3251 4.013 6.276
Free Cash Flow 1 589.4 781.5 1,115 835.8 684.3 594.8 710.9 936.7
FCF margin 19.07% 24.13% 27.77% 17.99% 19.17% 15.84% 17.23% 21.1%
FCF Conversion (EBITDA) 56.95% 72.2% 74.58% 47.42% 71.21% 64.96% 63.25% 72.31%
FCF Conversion (Net income) 442.76% 233.75% 151.97% 80.88% 663.37% - 173.87% 141.34%
Dividend per Share 2 - - - - - - - -
Announcement Date 5/7/19 5/7/20 5/5/21 5/4/22 5/3/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 1,255 1,114 1,166 1,035 1,158 743.3 632.7 651.2 1,103 1,074 926.4 923.9 1,106 1,095 986.5
EBITDA 1 488.2 425.8 429.1 336.4 389.6 149.8 85.12 96.75 328.6 - 195 192.4 352.8 315.6 234.7
EBIT 1 435.4 372 377.2 284.4 337.7 98.55 33.83 46.72 279.4 236.5 144 151 263.7 256.8 197.4
Operating Margin 34.69% 33.4% 32.34% 27.47% 29.16% 13.26% 5.35% 7.17% 25.32% 22.03% 15.54% 16.34% 23.84% 23.45% 20.01%
Earnings before Tax (EBT) 1 351.8 283.2 247.5 79.54 246.9 -2.775 -199 -51.68 139.5 -43.79 55.86 98.02 195.2 188 120
Net income 1 319.2 216.3 212.3 68.88 188.6 -15.93 -138.4 -43.58 97.46 -126.9 49.23 60.77 147.2 131.4 91.34
Net margin 25.43% 19.41% 18.2% 6.65% 16.29% -2.14% -21.88% -6.69% 8.83% -11.82% 5.31% 6.58% 13.31% 12% 9.26%
EPS 2 2.840 1.950 1.950 0.6500 1.820 -0.1600 -1.390 -0.4400 0.9900 -1.310 0.4154 0.5558 1.442 1.317 0.8912
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/2/22 5/4/22 8/3/22 11/2/22 2/1/23 5/3/23 8/2/23 11/1/23 1/31/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 208 852 345 1,075 1,239 1,047 1,038 849
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2012 x 0.7874 x 0.2306 x 0.6096 x 1.29 x 1.143 x 0.9237 x 0.6551 x
Free Cash Flow 1 589 781 1,115 836 684 595 711 937
ROE (net income / shareholders' equity) 16.1% 17.4% 25.3% 30% 14.6% 16.5% 21.2% 24.4%
ROA (Net income/ Total Assets) 12% 12.2% 16.4% 18.7% 8.69% 8.89% 12.2% -
Assets 1 1,105 2,747 4,476 5,526 1,187 -286.5 3,362 -
Book Value Per Share 2 36.60 36.00 39.90 40.80 37.90 37.60 41.00 47.70
Cash Flow per Share 2 6.360 7.930 11.20 9.410 8.190 9.210 9.520 12.10
Capex 1 221 164 187 213 159 147 228 252
Capex / Sales 7.15% 5.07% 4.66% 4.6% 4.45% 3.93% 5.52% 5.67%
Announcement Date 5/7/19 5/7/20 5/5/21 5/4/22 5/3/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
29
Last Close Price
116.8 USD
Average target price
115.8 USD
Spread / Average Target
-0.82%
Consensus
  1. Stock Market
  2. Equities
  3. QRVO Stock
  4. Financials Qorvo, Inc.