Technology / Semiconductors

Qorvo, Inc. (QRVO)

$102.74
+2.77%
$9.1B
Market Cap
28.6
P/E Ratio
1.42
Beta
Dividend Yield
Piotroski 8/9Altman Z 2.7 Gray ZoneBeneish M -3.00 CleanROIC−WACC -9.2%

Quantitative Summary

Deterministic

At 28.6x earnings — a 56% discount to the sector average of 65.0x — QRVO is in the lower valuation range. Strong operational fundamentals (Piotroski 8/9) with Altman Z of 2.7. DCF fair value of $40 implies 50% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Qorvo, Inc. reveal a significant erosion in capital efficiency, characterized by an ROIC-WACC spread of -9.3%, indicating that the company is currently destroying value relative to its cost of capital. This negative spread stems from a DuPont-decomposed Return on Equity of merely 1.6%, driven primarily by thin net margins of 1.5% and low asset turnover, despite maintaining healthy gross margins at 41.3%. While the Piotroski F-Score of 8/9 suggests strong operational stability and financial health, this is counterbalanced by an Altman Z-Score of 2.7, which flags a zone of potential distress, alongside a net revenue contraction of -1.3% year-over-year that underscores current headwinds in the semiconductor cycle.

Valuation metrics present a stark divergence between market pricing and intrinsic value models. The stock trades at a P/E ratio of 22.0x, significantly below the sector average of 58.2x, yet this discount is largely justified by a DCF-derived fair value of $39, implying nearly -49.3% downside from current levels based on an assumed ten-year free cash flow growth rate of only 6.9%. This compressed valuation multiple reflects market skepticism regarding the sustainability of profitability in a shrinking revenue environment rather than pure undervaluation.

Risk factor analysis further complicates the risk-reward profile, as evidenced by a negative Fama-French alpha of -10.09% annually and a Value Factor (HML) score of -0.475, confirming that recent performance has been driven more by growth expectations than value characteristics despite the low P/E. Although the Profitability Factor (RMW) remains positive at 0.347 due to robust underlying margins, this is offset by substantial insider selling activity totaling $2.49 million over the past ninety days. The combination of negative alpha, declining revenue, and elevated leverage concerns suggests that while the balance sheet appears structurally sound per Beneish metrics, capital allocation efficiency remains a critical constraint on future returns.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$102.74
Fair Value
$39
Implied Upside
-62.0%
$39IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)-6%
-10%20%50%
Discount Rate (WACC)11.5%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
7.2%annual FCF growth priced in at $102.74

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of -1% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →9.4%11.4%13.4%
2%$47$36$29
3%$53$40$31
4%$61$44$34

Center = base case. Green = >10% upside, Red = >10% downside vs $102.74.

Pre-computed DCF: WACC=11.5%, terminal growth 3%. Fair value $40 (-50.5%). Not investment advice.

Valuation Context

28.6x
QRVO P/E
65.0x
Sector Avg
118.5x
5Y Avg P/E
-56%
vs Sector

Currently trading 81% below its 5-year average P/E of 118.5x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Technical Setup

AI Generated

Quanterion Solutions (QRVO) is currently trading below both its 50-day and 200-day moving averages, indicating recent weakness in the stock. The RSI reading of 40.5 suggests that momentum has been declining but remains neutral to slightly oversold territory, hinting at potential near-term stabilization or a bounce back.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
2.7
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-3.00
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

41.3%
Gross Margin
1.5%
Net Margin
2.2%
ROIC
11.5%
WACC
ROIC − WACC Spread: -9.2%— Negative spread.
-1.3%
Revenue Growth (YoY)
+179.1%
Earnings Growth (YoY)
484.6M
Free Cash Flow

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

1.5%
Net Profit Margin
NI ÷ Revenue
×
0.63x
Asset Turnover
Revenue ÷ Assets
×
1.75x
Equity Multiplier
Assets ÷ Equity
=
1.6%
Return on Equity
Balanced ROE composition across margins, turnover, and leverage.

Balance Sheet Health

0.75x
Debt / Equity
2.77x
Current Ratio
1.8x
Interest Coverage
1.2x
Net Debt / EBITDA
6.11%
FCF Yield
441.1M
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$2M
Net Selling
0
Buy Transactions
3
Sale Transactions
2026-02-26HARDING JOHN RSold 4/8 qtrsSale$99,192
2026-02-17STEWART FRANK PSold 1/8 qtrsOther234 shares
2026-02-17BROWN GRANT A.Sold 2/8 qtrsSale$2M
2026-02-17STEWART FRANK PSold 1/8 qtrsSale$683,252

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.00
Act: $1.42
+41.6%
Q3
✓ Beat
Est: $0.63
Act: $0.92
+46.2%
Q2
✓ Beat
Est: $2.11
Act: $2.22
+5.1%
Q1
✓ Beat
Est: $1.86
Act: $2.17
+16.4%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Risk Profile

45.7%
Annual Volatility
0.74
Sharpe (1Y)
-32.8%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

1.80
Market β
Mkt-RF
+0.306
Size (SMB)
Small-cap tilt
-0.475
Value (HML)
Growth tilt
+0.347
Profit (RMW)
Robust
+1.414
Invest (CMA)
Conservative
Alpha (annual): -10.09%
R²: 56.8%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

13.2
Forward P/E
1.07
PEG Ratio
2.59
Price/Book
1M
Avg Volume
$109.49
52W High
$74.77
52W Low
81%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$642M
Tracked Passive Exposure
8
ETFs Holding QRVO
0.14%
Avg Weight in ETFs
$474B
Total ETF AUM

When investors buy or sell ETFs like XSD or SLYG, the fund manager is mechanically forced to buy or sell QRVO shares regardless of Qorvo, Inc.'s individual fundamentals. We estimate $642M of passive capital is structurally linked to QRVO through 8 tracked ETFs. Passive flows have a limited but growing influence on QRVO's daily trading dynamics.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Qorvo, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

QRVO Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
QRVOEpicenterVBETFVGTETFVXFETFMXLUnknownSMTCUnknownINTCLow RiskALABLow RiskNVTSUnknown
QRVO Price Drop (%)0

If Qorvo, Inc. (QRVO) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies MAXLINEAR INC (MXL) as the most exposed collateral stock, sharing 4 ETFs with QRVO. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 10 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

QRVO Ownership Dynamics

Passive funds hold 1 in every 12 QRVO shares, reducing daily market volatility.

Ticker
QRVO
Total Shares
88M
ETF Lock-Up
8.7%
Display Mode
Total Float Impact
8.7%Locked Float

Qorvo, Inc. (QRVO) exerts measurable gravity on the passive index market, currently representing 2.0% of the XSD (XSD) and 0.6% of the SLYG (SLYG). Across 10 tracked ETFs, approximately 8M shares (8.7% of float) are held by passive funds and rarely trade on the open market. As passive ownership grows, index inclusion changes may increasingly drive price discovery.

Float lock-up computed from 10 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

QRVO Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
QRVO
PRICE
$102.74
FLOOR (POC)
$89.53
STRENGTH
Medium
$76$77$799%$8110%$839%$848%$869%$8811%$90POC 12%$919%$93$95$96$98$100$102$103$102.74$105$107$109
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Qorvo, Inc. over the past year sits near $89.53 (12% of 252-day volume). The current price of $102.74 trades 14.8% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

QRVO Capital Efficiency

How efficiently does Qorvo, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$485M
EBITDA
$441M
FCF Conversion
110%
Reinvestment Rate
-10%
110% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
2.2%
ROIC − WACC Spread
-9.2%

Qorvo, Inc. converts 110% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. However, the ROIC-WACC spread is negative (-9.2%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-071,875$88.94$166,762.5
2026-05-04124$93.50$11,594
2026-05-012,562$94.22$241,391.64
2026-04-221$83.09$83.09
2026-04-1452$79.77$4,148.04
2026-04-1021,916$79.83$1.7M
2026-03-2337$78.16$2,891.92
2026-02-0612,375$82.72$1.0M
2026-02-03915$79.82$73,035.3
2026-01-29296$77.18$22,845.28
2026-01-27236$82.50$19,470
2026-01-23958$81.59$78,163.22
2026-01-0754,100$88.12$4.8M
2025-12-2211,920$85.63$1.0M
2025-11-26281$84.45$23,730.45
2025-11-0712$87.12$1,045.44
2025-11-05846$87.54$74,058.84
2025-10-29900$97.42$87,678
2025-10-20400$92.13$36,852
2025-10-1429$87.92$2,549.68
2025-10-091,365$91.53$124,938.45

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
SWKS0.8650.958High co-movement
CRUS0.5840.553Moderate
NXPI0.5680.496Moderate
NL00095387840.5650.489Moderate
ADI0.5530.502Moderate
MCHP0.5460.492Moderate
ON0.5460.550Moderate
QCOM0.5290.469Moderate
MPWR0.5280.473Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare QRVO to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.