Qorvo, Inc.

  • Market Cap: Small Cap
  • Industry: Other Electrical Equipment
  • ISIN: US74736K1016
USD
82.72
1.63 (2.01%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison

Company
Score
Quality
Valuation
Financial
Technical
Marvell Technology, Inc.
Qorvo, Inc.
Monolithic Power Systems, Inc.
Enphase Energy, Inc.
First Solar, Inc.
TE Connectivity Ltd.
GLOBALFOUNDRIES, Inc.
Skyworks Solutions, Inc.
ON Semiconductor Corp.
Microchip Technology, Inc.
Lattice Semiconductor Corp.

Why is Qorvo, Inc. ?

1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.03 times
  • ROCE(HY) Highest at 2.33%
  • DEBT-EQUITY RATIO (HY) Lowest at 11.16 %
  • NET PROFIT(Q) At USD 37.1 MM has Grown at 126.29%
2
With ROCE of 5.94%, it has a expensive valuation with a 2.00 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 20.56%, its profits have risen by 19.1% ; the PEG ratio of the company is 1.5
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Qorvo, Inc. should be less than 10%
  2. Overall Portfolio exposure to Other Electrical Equipment should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Qorvo, Inc. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Qorvo, Inc.
-100.0%
-0.31
50.27%
S&P 500
13.99%
0.81
19.85%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
2.35%
EBIT Growth (5y)
-13.69%
EBIT to Interest (avg)
9.35
Debt to EBITDA (avg)
1.03
Net Debt to Equity (avg)
0.16
Sales to Capital Employed (avg)
0.68
Tax Ratio
15.61%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
12.66%
ROE (avg)
11.89%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
34
Industry P/E
Price to Book Value
2.15
EV to EBIT
33.60
EV to EBITDA
14.80
EV to Capital Employed
2.00
EV to Sales
2.11
PEG Ratio
1.49
Dividend Yield
NA
ROCE (Latest)
5.94%
ROE (Latest)
6.25%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

17What is working for the Company
ROCE(HY)

Highest at 2.33%

DEBT-EQUITY RATIO (HY)

Lowest at 11.16 %

NET PROFIT(Q)

At USD 37.1 MM has Grown at 126.29%

RAW MATERIAL COST(Y)

Fallen by -9.1% (YoY

-2What is not working for the Company
NET SALES(Q)

Lowest at USD 818.78 MM

Here's what is working for Qorvo, Inc.

Net Profit
At USD 37.1 MM has Grown at 126.29%
over average net sales of the previous four periods of USD -141.12 MM
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (USD MM)

Debt-Equity Ratio
Lowest at 11.16 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Raw Material Cost
Fallen by -9.1% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Qorvo, Inc.

Net Sales
Lowest at USD 818.78 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (USD MM)

Net Sales
At USD 818.78 MM has Fallen at -11.93%
over average net sales of the previous four periods of USD 929.74 MM
MOJO Watch
Near term sales trend is negative

Net Sales (USD MM)