TGM's two-stage DCF values Qorvo, Inc. (QRVO) between $71.02 and $108.64 depending on assumptions, with a base case of $84.52. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth (floored at 2%)), fading to 2.5% long-run; the discount rate (11.3%) reflects its beta.
What would today's price require?
$114.17 is justified only if free cash flow grows about +9.4% a year (fading to 2.5% long-run) at a 11.3% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 12.3% | $71.02 |
| Base case | 2.0%/yr | 11.3% | $84.52 |
| Optimistic | 5.0%/yr | 10.3% | $108.64 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 2, 2026 · assumptions not provided | $52.28 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$114.17
Market-Implied Growth
+9.4%/yr
vs -9.8% 5Y actual
Model Scenario Range
$71.02 – $108.64
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for QRVO (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $681.9M · 0.09B shares · net debt $330.1M
Estimated Fair Value
$84.52
-26.0% vs $114.17
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $114.17; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.3% | $98.92 | $104 | $110 | $117 | $126 |
| 10.3% | $87.22 | $91.25 | $95.79 | $101 | $107 |
| 11.3% | $77.90 | $81.03 | $84.52 | $88.41 | $92.79 |
| 12.3% | $70.31 | $72.80 | $75.54 | $78.57 | $81.93 |
| 13.3% | $64.01 | $66.03 | $68.23 | $70.63 | $73.28 |
