Qorvo, Inc. (QRVO)

Semiconductors & Related Devices

Latest Price

$114.48

TTM P/E

31.62

Normalized P/E

46.78

Div Yield

Book Value

40.03

P/B Ratio

2.86

Valuation metrics

EPS: $3.62

Book value / share: $38.12

Formula: √(22.5 × EPS × BVPS)

Graham Number

$55.72

51% downside

Norm. op. income: $411M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$36.69

68% downside

Base FCF: $684M (median of recent 5yr)

Growth: -6%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$57.38

50% downside

EPS: $3.62

Target P/E: 47×

Formula: EPS × P/E

P/E Fair Value

$170.14

+49% upside

99.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	10.11M	$942.0M	11.52%	-292.5K	2026-06-30
Starboard Value LP	5.61M	$523.0M	6.40%	-1.90M	2026-06-30
Vanguard Portfolio Management LLC	5.33M	$496.0M	6.07%	-469.1K	2026-06-30
State Street Corp	3.82M	$356.0M	4.36%	+180.5K	2026-06-30
Vanguard Capital Management LLC	3.60M	$335.0M	4.10%	-158.5K	2026-06-30
FIL Ltd	3.51M	$327.0M	4.01%	-63.8K	2026-06-30
Dimensional Fund Advisors LP	2.44M	$227.0M	2.78%	+258.1K	2026-06-30
Bank of America Corp	1.95M	$182.0M	2.23%	+185.4K	2026-06-30
Millennium Management LLC	1.95M	$181.0M	2.22%	-273.5K	2026-06-30
Lsv Asset Management	1.93M	$179.0M	2.20%	+275.7K	2026-06-30