Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Qorvo's share price for the quarter that ended in Dec. 2022 was $90.64. Qorvo's Shares Outstanding (EOP) for the quarter that ended in Dec. 2022 was 100 Mil. Therefore, Qorvo's market cap for the quarter that ended in Dec. 2022 was $9,066 Mil.
Qorvo's quarterly market cap
declined
from Jun. 2022 ($9,747 Mil) to Sep. 2022 ($8,105 Mil) but then
increased
from Sep. 2022 ($8,105 Mil) to Dec. 2022 ($9,066 Mil).
Qorvo's annual market cap
increased
from Mar. 2020 ($9,242 Mil) to Mar. 2021 ($20,564 Mil) but then
declined
from Mar. 2021 ($20,564 Mil) to Mar. 2022 ($13,192 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Qorvo's Enterprise Value for Today is $10,783 Mil.
Qorvo Market Cap Historical Data
The historical data trend for Qorvo's Market Cap 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.
* Premium members only.
Qorvo Annual Data
Trend
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Market Cap
8,899.38
8,540.39
9,242.21
20,564.16
13,192.20
Qorvo Quarterly Data
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Market Cap
16,994.59
13,192.20
9,747.03
8,104.66
9,065.90
Competitive Comparison
For the Semiconductors subindustry, Qorvo's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Semiconductors industry and Technology sector, Qorvo's Market Cap distribution charts can be found below:
* The bar in red indicates where Qorvo's Market Cap falls in comparison to its industry or sector. The grey bar indicates the Market Cap's extreme value range as defined by GuruFocus.
Qorvo Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Qorvo's Market Cap for the fiscal year that ended in Mar. 2022 is calculated as
* 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 (NAS:QRVO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companyÂ’s debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Qorvo Market Cap Related Terms
Thank you for viewing the detailed overview of Qorvo's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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 nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
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