Is Qorvo, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for Qorvo, Inc. has moved from 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. In comparison, Skyworks Solutions, Inc. has a P/E of 20.61, while Lattice Semiconductor Corp. is considered very expensive with a P/E of 169.53.
Despite a strong year-to-date return of 22.82%, which outperformed the S&P 500's 16.45%, Qorvo's longer-term performance has been less favorable, with a 5-year return of -42.78% compared to the S&P 500's 88.25%. This suggests that while the stock has shown recent strength, its overall valuation may not be as compelling when viewed in a broader context.