Qorvo, Inc.

Qorvo develops and commercializes tech for wireless, wired, and power markets globally. It operates three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). HPA supplies radio frequency and power management solutions for defense, aerospace, and 5G/6G infrastructure. CSG offers connectivity and sensor solutions featuring various technologies. ACG provides cellular RF solutions for devices. Qorvo sells products to OEMs and ODMs directly or through reps and distributors. Founded in 1957, HQ is in Greensboro, NC.

Overview

Sector

Semiconductors

Target Price

116.7 USD

Current Price

84.7 USD

Potential

38%

Strengths

With an appreciation Potential of 38.45%, based on our fundamental analysis, it suggests the stock may be undervalued.
Price to book ratio (2.31) is lower than the sector mean (12.49).
Price to free cash flow (16.17) is lower than the sector mean.

Weaknesses

Current Price to Earnings Ratio (140.88) is significantly higher than the sector mean (76.05).
The company has high debt. Net Debt to EBITDA Ratio (2.07) is higher than the sector mean.
The company have lower returns than the sector in which it operates. ROIC (10.87%) is significantly lower than the sector mean (13.78%).

Key Financial Data

Indicator	Value
PER	141.5
EV/EBITDA	14.5
Price/Free Cash Flow'	16.2
ROIC	10.9%
Net Debt/EBITDA	2.1