Qorvo Statistics

Share Statistics

Qorvo has 92.65M shares outstanding. The number of shares has increased by -1.94% in one year.

Shares Outstanding	92.65M
Shares Change (YoY)	-1.94%
Shares Change (QoQ)	-0.4%
Owned by Institutions (%)	94.08%
Shares Floating	91.92M
Failed to Deliver (FTD) Shares	5,239
FTD / Avg. Volume	0.28%

Short Selling Information

The latest short interest is 5.2M, so 5.6% of the outstanding shares have been sold short.

Short Interest	5.2M
Short % of Shares Out	5.6%
Short % of Float	7.67%
Short Ratio (days to cover)	3.12

Valuation Ratios

The PE ratio is 121.6 and the forward PE ratio is 14.48. Qorvo's PEG ratio is -0.67.

PE Ratio	121.6
Forward PE	14.48
PS Ratio	1.82
Forward PS	2.2
PB Ratio	1.99
P/FCF Ratio	13.96
PEG Ratio	-0.67

Financial Ratio History

Enterprise Valuation

Qorvo has an Enterprise Value (EV) of 7.29B.

EV / Sales	1.96
EV / EBITDA	16.53
EV / EBIT	11.72
EV / FCF	15.05

Financial Position

The company has a current ratio of 2.77, with a Debt / Equity ratio of 0.46.

Current Ratio	2.77
Quick Ratio	1.95
Debt / Equity	0.46
Debt / EBITDA	3.51
Debt / FCF	3.2
Interest Coverage	1.22

Financial Efficiency

Return on Equity is 1.64% and Return on Invested Capital is 1.57%.

Return on Equity	1.64%
Return on Assets	0.94%
Return on Invested Capital	1.57%
Revenue Per Employee	$599.83K
Profits Per Employee	$8.97K
Employee Count	6,200
Asset Turnover	0.63
Inventory Turnover	3.41

Taxes

Income Tax	10.28M
Effective Tax Rate	15.61%

Stock Price Statistics

The stock price has increased by -18.9% in the last 52 weeks. The beta is 1.35, so Qorvo's price volatility has been higher than the market average.

Beta	1.35
52-Week Price Change	-18.9%
50-Day Moving Average	84.11
200-Day Moving Average	75.86
Relative Strength Index (RSI)	58.58
Average Volume (20 Days)	1,889,501

Income Statement

In the last 12 months, Qorvo had revenue of 3.72B and earned 55.62M in profits. Earnings per share was 0.59.

Revenue	3.72B
Gross Profit	1.54B
Operating Income	95.53M
Net Income	55.62M
EBITDA	441.06M
EBIT	144.23M
Earnings Per Share (EPS)	0.59

Full Income Statement

Balance Sheet

The company has 1.02B in cash and 1.55B in debt, giving a net cash position of -528.04M.

Cash & Cash Equivalents	1.02B
Total Debt	1.55B
Net Cash	-528.04M
Retained Earnings	-33.98M
Total Assets	6B
Working Capital	1.45B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 622.2M and capital expenditures -137.6M, giving a free cash flow of 484.6M.

Operating Cash Flow	622.2M
Capital Expenditures	-137.6M
Free Cash Flow	484.6M
FCF Per Share	5.12

Full Cash Flow Statement

Margins

Gross margin is 41.29%, with operating and profit margins of 2.57% and 1.5%.

Gross Margin	41.29%
Operating Margin	2.57%
Pretax Margin	1.77%
Profit Margin	1.5%
EBITDA Margin	11.86%
EBIT Margin	2.57%
FCF Margin	13.03%

Dividends & Yields

QRVO does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	0.82%
FCF Yield	7.17%

Dividend Details

Analyst Forecast

The average price target for QRVO is $90, which is 3.4% higher than the current price. The consensus rating is "Hold".

Price Target	$90
Price Target Difference	3.4%
Analyst Consensus	Hold
Analyst Count	18

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$2.95
Lynch Upside	-96.61%
Graham Number	21.78
Graham Upside	-74.97%

Stock Splits

The last stock split was on Jan 2, 2015. It was a backward split with a ratio of 1:4.

Last Split Date	Jan 2, 2015
Split Type	backward
Split Ratio	1:4

Scores

Altman Z-Score	2.87
Piotroski F-Score	8

Qorvo Inc. (QRVO)