Qorvo Inc. is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. The company was founded in 2015 and is based in Greensboro, North Carolina.
QRVO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Qorvo Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Qorvo Inc ranked in the 62th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 96%. As for the metrics that stood out in our discounted cash flow analysis of Qorvo Inc, consider:
As a business, QRVO is generating more cash flow than 78.89% of positive cash flow stocks in the Technology.
The business' balance sheet suggests that 11% of the company's capital is sourced from debt; this is greater than merely 24.97% of the free cash flow producing stocks we're observing.
QRVO's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 35.83% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Qorvo Inc? See TRT, GVP, AMZN, COUP, and JCOM.
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Qorvo (QRVO +2.2%) has completed an offering of $700M in senior debt. The company closed the offering of that amount of senior notes maturing in 2031, paying interest at a rate of 3.375%. It plans to use net proceeds along with borrowings under its credit facility to redeem all of...