Is Qorvo, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Qorvo, Inc. moved from very attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 34, an EV to EBITDA of 14.80, and a PEG ratio of 1.49, which suggest that while the company is not undervalued, it is also not significantly overvalued compared to its peers.
In comparison to its peers, Skyworks Solutions, Inc. has a lower P/E ratio of 20.61 and an EV to EBITDA of 10.27, suggesting it may be a more attractive investment relative to Qorvo. Enphase Energy, Inc. also shows a fair valuation with a P/E of 24.23. Notably, Qorvo's stock has outperformed the S&P 500 over the past week and month, with returns of 10.68% and 5.09%, respectively, but has lagged behind in the longer term, particularly over three and five years, where it returned only 13.78% and -31.63%, compared to the S&P 500's 81.19% and 91.29%.