Qorvo Inc. (QRVO)
Qorvo Statistics
Share Statistics
Qorvo has 93.4M shares outstanding. The number of shares has increased by -2.09% in one year.
| Shares Outstanding | 93.4M |
| Shares Change (YoY) | -2.09% |
| Shares Change (QoQ) | -0.35% |
| Owned by Institutions (%) | 98.94% |
| Shares Floating | 92.67M |
| Failed to Deliver (FTD) Shares | 60 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 7.17M, so 7.59% of the outstanding shares have been sold short.
| Short Interest | 7.17M |
| Short % of Shares Out | 7.59% |
| Short % of Float | 7.65% |
| Short Ratio (days to cover) | 1.67 |
Valuation Ratios
The PE ratio is -159.3 and the forward PE ratio is 15.34. Qorvo's PEG ratio is 0.93.
| PE Ratio | -159.3 |
| Forward PE | 15.34 |
| PS Ratio | 2.97 |
| Forward PS | 1.6 |
| PB Ratio | 3.15 |
| P/FCF Ratio | 15.87 |
| PEG Ratio | 0.93 |
Enterprise Valuation
Qorvo Inc. has an Enterprise Value (EV) of 12.09B.
| EV / Earnings | -171.99 |
| EV / Sales | 3.21 |
| EV / EBITDA | 26.08 |
| EV / EBIT | 131.89 |
| EV / FCF | 17.13 |
Financial Position
The company has a current ratio of 1.99, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.99 |
| Quick Ratio | 1.41 |
| Debt / Equity | 0.56 |
| Total Debt / Capitalization | 35.86 |
| Cash Flow / Debt | 0.42 |
| Interest Coverage | 1.32 |
Financial Efficiency
Return on equity (ROE) is -0.02% and return on capital (ROIC) is -1.58%.
| Return on Equity (ROE) | -0.02% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | -1.58% |
| Revenue Per Employee | $433,276.55 |
| Profits Per Employee | $-8,082.99 |
| Employee Count | 8,700 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 3.21 |
Taxes
| Income Tax | 143.88M |
| Effective Tax Rate | 1.96 |
Stock Price Statistics
The stock price has increased by -35.85% in the last 52 weeks. The beta is 1.48, so Qorvo's price volatility has been higher than the market average.
| Beta | 1.48 |
| 52-Week Price Change | -35.85% |
| 50-Day Moving Average | 76.98 |
| 200-Day Moving Average | 91.52 |
| Relative Strength Index (RSI) | 50.06 |
| Average Volume (20 Days) | 2.88M |
Income Statement
In the last 12 months, Qorvo had revenue of 3.77B and earned -70.32M in profits. Earnings per share was -0.72.
| Revenue | 3.77B |
| Gross Profit | 1.49B |
| Operating Income | 91.7M |
| Net Income | -70.32M |
| EBITDA | 463.74M |
| EBIT | 91.7M |
| Earnings Per Share (EPS) | -0.72 |
Balance Sheet
The company has 1.03B in cash and 1.99B in debt, giving a net cash position of -958.75M.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 1.99B |
| Net Cash | -958.75M |
| Retained Earnings | -89.6M |
| Total Assets | 5.96B |
| Working Capital | 1.29B |
Cash Flow
In the last 12 months, operating cash flow was 833.19M and capital expenditures -127.23M, giving a free cash flow of 705.96M.
| Operating Cash Flow | 833.19M |
| Capital Expenditures | -127.23M |
| Free Cash Flow | 705.96M |
| FCF Per Share | 7.24 |
Margins
Gross margin is 39.49%, with operating and profit margins of 2.43% and -1.87%.
| Gross Margin | 39.49% |
| Operating Margin | 2.43% |
| Pretax Margin | 1.95% |
| Profit Margin | -1.87% |
| EBITDA Margin | 12.3% |
| EBIT Margin | 2.43% |
| FCF Margin | 18.73% |
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 | -0.98% |
| FCF Yield | 10.26% |
Analyst Forecast
The average price target for QRVO is $90, which is 22.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $90 |
| Price Target Difference | 22.2% |
| Analyst Consensus | Hold |
| Analyst Count | 19 |
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 | 2.55 |
| Piotroski F-Score | 9 |