Is Qorvo, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Qorvo, Inc. has moved from very attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 34, while the EV to EBITDA ratio is 14.80, and the PEG ratio is 1.49. In comparison, peers such as Skyworks Solutions, Inc. have a P/E of 20.61, and Enphase Energy, Inc. has an EV to EBITDA of 17.55, indicating that Qorvo is priced higher than some of its competitors.
In terms of recent performance, Qorvo's stock has returned 31.75% year-to-date, significantly outperforming the S&P 500's return of 13.30% over the same period. However, over the longer term, the company's one-year return of -11.65% and five-year return of -31.63% suggest challenges in maintaining value. Overall, Qorvo, Inc. is currently fairly valued in the market.