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Qorvo (QRVO) Price-to-Free-Cash-Flow

: 18.43 (As of Today)
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As of today (2024-04-19), Qorvo's share price is $107.30. Qorvo's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.82. Hence, Qorvo's Price-to-Free-Cash-Flow Ratio for today is 18.43.

The historical rank and industry rank for Qorvo's Price-to-Free-Cash-Flow or its related term are showing as below:

QRVO' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.36   Med: 18.82   Max: 93.37
Current: 18.6

During the past 11 years, Qorvo's highest Price-to-Free-Cash-Flow Ratio was 93.37. The lowest was 10.36. And the median was 18.82.

QRVO's Price-to-Free-Cash-Flow is ranked better than
66.87% of 483 companies
in the Semiconductors industry
Industry Median: 27.96 vs QRVO: 18.60

Qorvo's Free Cash Flow per Share for the three months ended in Dec. 2023 was $4.80. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $5.82.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Qorvo was -35.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 0.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 11.10% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 44.30% per year.

During the past 11 years, Qorvo's highest 3-Year average Free Cash Flow per Share Growth Rate was 186.10% per year. The lowest was 0.50% per year. And the median was 37.25% per year.


Qorvo Price-to-Free-Cash-Flow Historical Data

The historical data trend for Qorvo's Price-to-Free-Cash-Flow 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 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.50 12.31 19.01 16.56 15.29

Qorvo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 10.06 15.29 22.66 31.51 19.35

Competitive Comparison

For the Semiconductors subindustry, Qorvo's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the Semiconductors industry and Technology sector, Qorvo's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Qorvo's Price-to-Free-Cash-Flow falls into.



Qorvo Price-to-Free-Cash-Flow Calculation

Qorvo's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=107.30/5.821
=18.43

Qorvo's Share Price of today is $107.30.
Qorvo's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.82.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Qorvo  (NAS:QRVO) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Qorvo Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Qorvo's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Qorvo (QRVO) Business Description

Traded in Other Exchanges
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 nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Executives
Steven E Creviston officer: VP and Pres. Mobile Products
Gina Harrison officer: VP and Corporate Controller 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Philip Chesley officer: Pres. Infra & Defense 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Walden C Rhines director C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
Paul J Fego officer: VP, Global Operations 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Frank P. Stewart officer: SVP, Advanced Cellular 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Roderick Nelson director 2300 NE BROOKWOOD PARKWAY, HILLSBORO OR 97124
Robert A Bruggeworth director, officer: President and CEO C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
John R Harding director C/O MARIMBA INC, 440 CLYDE AVENUE, MOUNTAINVIEW CA 94043
Grant Brown officer: SVP & Chief Financial Officer 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jeffery R Gardner director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James L Klein officer: VP and Pres. Infra. & Defense 2300NE BROOKWOOD PKWY, HILLSBORO OR 97124
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Mark J. Murphy officer: Chief Financial Officer DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098