Qorvo
ISIN US74736K1016
|WKN A12CY9
Overview
Quote
Description
Qorvo, Inc. provides semiconductor solutions for RF and power. The firm combines product and technology leadership, systems-level expertise, and global manufacturing scale to quickly solve its customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare, and aerospace/defense. It operates through the following segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies RF and power management solutions for infrastructure, defense and aerospace, automotive power, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring multiple technologies such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT and MEMS-/BAW-based sensors. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company was formed following the merger of RF Micro Devices, founded in 2015, and TriQuint Semiconductor, incorporated in 1981. It is headquartered in Greensboro, NC.
Technology Electronic Components and Manufacturing Electronic Components United States
Financials
Key metrics
| Market capitalisation, EUR | 4,635.04 m |
| EPS, EUR | 0.26 |
| P/B ratio | 1.56 |
| P/E ratio | 198.90 |
| Dividend yield | 0.00% |
Income statement (2023)
| Revenue, EUR | 3,475.92 m |
| Net income, EUR | -64.85 m |
| Profit margin | -1.87% |
What ETF is Qorvo in?
There are 138 ETFs which contain Qorvo. All of these ETFs are listed in the table below. The ETF with the largest weighting of Qorvo is the First Trust Indxx NextG UCITS ETF Acc.
Performance
Returns overview
| YTD | -25.25% |
| 1 month | -24.19% |
| 3 months | -27.84% |
| 6 months | -46.87% |
| 1 year | -52.87% |
| 3 years | -55.25% |
| 5 years | -43.85% |
| Since inception (MAX) | -23.11% |
| 2024 | -32.90% |
| 2023 | +15.56% |
| 2022 | -42.42% |
| 2021 | -1.97% |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 57.87% |
| Volatility 3 years | 43.73% |
| Volatility 5 years | 41.62% |
| Return per risk 1 year | -0.91 |
| Return per risk 3 years | -0.54 |
| Return per risk 5 years | -0.26 |
| Maximum drawdown 1 year | -62.71% |
| Maximum drawdown 3 years | -63.23% |
| Maximum drawdown 5 years | -76.37% |
| Maximum drawdown since inception | -76.37% |
Rolling 1 year volatility
Latest articles
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.
Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.
Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.
