Qorvo (MEX:QRVO) Cyclically Adjusted FCF per Share: MXN135.53 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:QRVO Qorvo Inc MEX:QRVO
68 GF Score
Price MXN1,830.00
GF Value MXN1,916.87
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Qorvo Cyclically Adjusted FCF per Share?

Qorvo MEX:QRVO 68 Cyclically Adjusted FCF per Share is MXN135.53 as of Mar. 2026. GuruFocus rates MEX:QRVO with a GF Score™ of 68/100 and a GF Value™ of MXN1,916.87 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Qorvo's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN49.515. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN135.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qorvo's average Cyclically Adjusted FCF Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-22), Qorvo's current stock price is MXN1830.00. Qorvo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN135.53. Qorvo's Cyclically Adjusted Price-to-FCF of today is 13.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qorvo was 20.62. The lowest was 8.53. And the median was 13.22.


Qorvo  (MEX:QRVO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Qorvo's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1830.00/135.53
=13.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qorvo was 20.62. The lowest was 8.53. And the median was 13.22.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Qorvo Cyclically Adjusted FCF per Share Related Terms


Qorvo Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Qorvo's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qorvo Cyclically Adjusted FCF per Share Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 80.90 155.86 135.53

Qorvo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.86 126.07 121.16 131.03 135.53

MEX:QRVO vs MXL, VSH, CRUS: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Qorvo's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qorvo Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qorvo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qorvo's Cyclically Adjusted Price-to-FCF falls into.


MEX:QRVO
68GF Score
Qorvo Inc MEX:QRVO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Qorvo's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=49.515/330.2130*330.2130
=49.515

Current CPI (Mar. 2026) = 330.2130.

Qorvo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -10.302 241.018 -14.115
201609 18.998 241.428 25.985
201612 13.624 241.432 18.634
201703 12.100 243.801 16.389
201706 -2.960 244.955 -3.990
201709 21.102 246.819 28.232
201712 34.728 246.524 46.517
201803 32.561 249.554 43.085
201806 4.935 251.989 6.467
201809 21.016 252.439 27.491
201812 40.443 251.233 53.157
201903 23.718 254.202 30.810
201906 32.800 256.143 42.285
201909 22.377 256.759 28.779
201912 41.405 256.974 53.206
202003 35.617 258.115 45.566
202006 36.466 257.797 46.709
202009 45.144 260.280 57.273
202012 63.198 260.474 80.119
202103 57.705 264.877 71.939
202106 48.304 271.696 58.708
202109 36.129 274.310 43.492
202112 12.317 278.802 14.588
202203 53.992 287.504 62.013
202206 43.535 296.311 48.516
202209 42.765 296.808 47.578
202212 39.200 296.797 43.613
202303 5.614 301.836 6.142
202306 0.943 305.109 1.021
202309 11.379 307.789 12.208
202312 81.508 306.746 87.744
202403 29.169 312.332 30.839
202406 8.135 314.175 8.550
202409 19.680 315.301 20.611
202412 38.679 315.605 40.469
202503 36.997 319.799 38.202
202506 29.197 322.561 29.890
202509 8.252 324.800 8.390
202512 45.593 324.054 46.460
202603 49.515 330.213 49.515

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN135.53 mean?
Qorvo (MEX:QRVO) has a Cyclically Adjusted FCF per Share of MXN135.53 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Qorvo and its competitors.
Is Qorvo's Cyclically Adjusted FCF per Share too high?
Qorvo's current Cyclically Adjusted FCF per Share is MXN135.53. Overall, Qorvo has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qorvo's Cyclically Adjusted FCF per Share compare to MXL and VSH?
Qorvo's Cyclically Adjusted FCF per Share of MXN135.53 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Qorvo and its competitors. Qorvo's current Cyclically Adjusted FCF per Share is MXN135.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qorvo stock overvalued right now?
Based on GuruFocus' analysis, Qorvo (MEX:QRVO) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,916.87, compared to a current price of MXN1,830.00 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN135.53. Qorvo's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Qorvo (MEX:QRVO), the current Cyclically Adjusted FCF per Share is MXN135.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qorvo (MEX:QRVO) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be undervalued. The current stock price of MXN1,830.00 is trading 4.5% below its estimated GF Value™ of MXN1,916.87. GuruFocus considers Qorvo to be Fairly Valued.

Key valuation signals for MEX:QRVO:

  • Cyclically Adjusted FCF per Share: MXN135.53
  • GF Value™: MXN1,916.87 vs. price of MXN1,830.00 (4.5% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the MEX:QRVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qorvo Business Description

Address 7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of non-smartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
68GF Score

Get the complete analysis for MEX:QRVO

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,830.00
Price
MXN1,916.87
GF Value