Is Qorvo, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Qorvo, Inc. has moved from fair to attractive, indicating a more favorable assessment of its worth. The company appears undervalued, particularly when considering its P/E ratio of 34, which is higher than the industry average, and its EV to EBITDA ratio of 14.80, which suggests a reasonable valuation compared to its earnings potential. Additionally, the PEG ratio stands at 1.49, indicating that the stock is reasonably priced relative to its growth rate.
In comparison to its peers, Qorvo, Inc. has a higher P/E ratio than Skyworks Solutions, Inc. at 20.61 and Enphase Energy, Inc. at 24.23, but it is still considered very attractive in the market context. The recent stock performance shows that Qorvo has outperformed the S&P 500 year-to-date with a return of 22.84% compared to 14.40%, although it has lagged over longer periods, notably a 5-year return of -41.67% versus the S&P's 91.73%. This mixed performance highlights the potential for recovery and growth in the valuation of Qorvo, Inc.