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Qorvo Inc

QRVO | US

101.83

USD

0.33

0.33%

QRVO | US

About Qorvo Inc

Sector

Technology

Industry

Semiconductors

Earnings date

30/06/2024

As of date

11/10/2024

Close

101.83

Open

99.75

High

101.91

Low

99.75

Qorvo Inc. engages in development and commercialization of technologies and products for wireless wired and power markets. It operates through three segments: High Performance Analog (HPA) Connectivity and Sensors Group (CSG) and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive defense and aerospace cellular infrastructure broadband and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies such as UWB Matter Bluetooth Low Energy Zigbee Thread Wi-Fi cellular IoT and MEMS-/BAW-based sensors. It serves markets such as smart home industrial automation automotive smartphones wearables gaming and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones wearables laptops tablets and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers as well as through a network of sales representative firms and distributors. It operates in the United States China other Asian countries Taiwan and Europe. The company was founded in 1957 and is headquartered in Greensboro North Carolina.

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QRVO | US

Risk
34.8
Sharpe
0.06
Luna's Score
52/100
Recommendation
Hold

Luna says (QRVO | US)

What's Working

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

26.1%

1 month

34.8%

3 months

41.8%

6 months

41.8%

Returns

Fundamental Ratios

PE

-

Fwd. PE

15.80

Price to book

2.78

Debt to equity

0.56

Debt to assets

0.30

Ent. to EBITDA

20.71

Ent. to rev.

2.64

PEG

0.47

Other Fundamentals

EBITDA

761.27M

MarketCap

9.66B

MarketCap(USD)

9.66B

Div. yield

-

Op. margin

0.57

Erngs. growth

-45.60

Rev. growth

36.20

Ret. on equity

-0.72

Short ratio

2.06

Short perc.

2.90

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

6.49

Range1M

9.72

Range3M

32.27

Volumes: Market Activity

Rel. volume

0.71

Price X volume

93.56M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Universal Display CorporationOLEDSemiconductor Equipment & Materials206.869.82B1.52%45.431.61%
MACOM Technology Solutions Holdings IncMTSISemiconductors116.178.39B1.94%111.3345.25%
Astera Labs Inc. Common StockALABSemiconductors66.698.10B0.88%n/a0.25%
Amkor Technology IncAMKRSemiconductors30.927.62B2.32%20.0730.60%
Lattice Semiconductor CorporationLSCCSemiconductors52.077.17B1.48%38.982.75%
Cirrus Logic IncCRUSSemiconductors119.716.39B0.02%22.238.34%
Nova Measuring Instruments LtdNVMISemiconductor Equipment & Materials216.496.29B3.05%42.2128.63%
Tower Semiconductor LtdTSEMSemiconductors45.825.09B0.64%9.987.45%
SITIME CORPSITMSemiconductors1854.28B2.21%n/a0.98%
GDS Holdings LimitedGDSData Storage21.484.20B2.07%n/a0.00%
  • 1

Diversifiers

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Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Henry Schein IncHSICMedical Distribution70.538.94B0.70%26.0480.81%
Dolby Laboratories IncDLBMedia - Diversified74.067.06B1.06%34.730.00%
Oscar Health Inc.OSCRHealthcare Plans184.35B3.81%n/a26.28%
Cinemark Holdings IncCNKMedia - Diversified29.683.63B3.67%25.98934.91%
Prestige Brands Holdings IncPBHMedical Distribution69.583.45B1.71%16.8365.62%
Alignment Healthcare Inc. Common StockALHCHealthcare Plans11.452.19B1.24%n/a177.78%
Clover Leaf Financial CorpCLOVHealthcare Plans4.072.00B3.04%n/a1.23%
Patterson Companies IncPDCOMedical Distribution20.651.82B2.48%11.3894.43%
Lions Gate Entertainment CorpLGF-BMedia - Diversified6.751.70B0.00%n/a28882.88%
Lions Gate Entertainment CorpLGF-AMedia - Diversified7.61.68B-0.78%n/a28882.88%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA20.71-21.39Expensive
Ent. to Revenue2.6449.37Cheaper
PE Ratio-40.40-
Price to Book2.786.97Cheaper
Dividend Yield-2.35-
Std. Deviation (3M)41.8270.09Lower Risk
Debt to Equity0.560.07Expensive
Debt to Assets0.300.22Expensive
Market Cap9.66B100.84BEmerging
  • 1

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