# Qorvo Inc. (QRVO) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $102.84, market value $9.1 billion.

## Valuation
- **P/E (trailing): 23.9×** (5-yr avg 64.8×, 3-yr avg 72.3×). Qorvo Inc. trades at 23.9× trailing earnings, well below its own five-year average of 64.8×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 13.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.02**. A PEG of 0.02 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 2.6×**. The shares trade at 2.6× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.2%** (5-yr avg 7.1%). Free cash flow equals 7.2% of the market value, in line with its five-year average of 7.1%. Above 5% is generally attractive.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 48.2%**. Qorvo Inc. keeps 48.2% of revenue after the direct cost of what it sells.
- **Operating margin: 13.1%**. 13.1% of revenue is left after running the business.
- **Net margin: 9.2%**. 9.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.1%**. 10.1% on shareholders' equity is solid.
- **Return on invested capital: 10.3%**. Return on all capital, debt included, is 10.3%.
- **Return on assets: 6.9%**. Each dollar of assets produces 6.9% of profit.

## Growth
- **Revenue growth (1 yr): -1.1%** (3-yr 1.0%/yr, 5-yr -1.7%/yr). Revenue fell 1.1% over the last year, against -1.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 524.1%** (3-yr 53.5%/yr, 5-yr -10.5%/yr). Earnings per share rose 524.1%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -0.2%/yr**. Free cash flow has compounded at -0.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.46**. Debt is 0.46 times equity: a conservative balance sheet.
- **Altman Z-score: 3.86**. A Z-score of 3.86 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Qorvo Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (12 analysts). 12 analysts cover Qorvo Inc.; the consensus is hold, with an average price target of $90.17 (-12% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 11.5%** (YTD 21.7%, 3-mo 4.6%). The shares are up 11.5% over twelve months including dividends.
- **From 52-week high: -6.1%** (37.3% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 1.25** (volatility 37%). Beta of 1.25 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=QRVO · Page: https://foliofundamentals.com/stocks/qrvo

Not investment advice.