Company Overview Qorvo is a global leader in the development and commercialization of technologies and products for wireless, wired and power markets. We are organized into three operating and reportable segments that align our technologies and applications with customers and end markets: High Performance Analog ("HPA"), Connectivity and Sensors Group ("CSG") and Advanced Cellular Group ("ACG").
$85.50
+$2.00 (+2.40%)
EOD Jul 17, 2026
11.18% operating margin is respectable but not wide. ROIC at 7.08%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 1.1% YoY. The question is whether this is cyclical or a structural shift.
Even for strong businesses, today's 24x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
23.6x earnings, 11.8x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$3.68B
▼ -1.1% YoY
Net Income (TTM)
$339M
▲ +509.5% YoY
Op. Margin
11.18%
▲ +8.6pp YoY
ROIC
7.08%
▲ +5.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$680M
▲ +40.2% YoY
Op. Cash Flow (TTM)
$809M
▲ +30.0% YoY
Net Debt
$387M
Cash & Equiv.
$1.22B
5Y CAGR: -1.7%
5Y CAGR: -9.4%
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At a P/E of 23.6 and a price-to-free-cash-flow of 11.8, Qorvo (QRVO) trades below a two-stage DCF intrinsic value of about $121.75 per share, so at $85.50 the stock looks undervalued (42.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Qorvo scores 53/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $121.75 per share for QRVO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $91.31. At today's $85.50, that puts the stock about 42.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Qorvo scores 53 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 11.2% operating margin and a 7.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. QRVO currently trades below its estimated intrinsic value and scores 53/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.