QUALCOMM INC (QCI.DE) Stock Fundamental Analysis
FRA:QCI - Deutsche Boerse Ag - US7475251036 - Common Stock - Currency: EUR
Taking everything into account, QCI scores 7 out of 10 in our fundamental rating. QCI was compared to 58 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making QCI a very profitable company, without any liquidiy or solvency issues. QCI may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make QCI a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
QCI had positive earnings in the past year.
In the past year QCI had a positive cash flow from operations.
Each year in the past 5 years QCI has been profitable.
In the past 5 years QCI always reported a positive cash flow from operatings.
1.2 Ratios
QCI has a better Return On Assets (18.99%) than 81.03% of its industry peers.
With an excellent Return On Equity value of 39.27%, QCI belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
QCI has a Return On Invested Capital of 16.83%. This is in the better half of the industry: QCI outperforms 72.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for QCI is above the industry average of 16.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.99% | ||
| ROE | 39.27% | ||
| ROIC | 16.83% |
ROA(3y)19.65%
ROA(5y)19.1%
ROE(3y)47.98%
ROE(5y)64.07%
ROIC(3y)19.52%
ROIC(5y)18.61%
1.3 Margins
With a decent Profit Margin value of 25.94%, QCI is doing good in the industry, outperforming 79.31% of the companies in the same industry.
In the last couple of years the Profit Margin of QCI has grown nicely.
QCI's Operating Margin of 26.80% is fine compared to the rest of the industry. QCI outperforms 67.24% of its industry peers.
In the last couple of years the Operating Margin of QCI has grown nicely.
The Gross Margin of QCI (55.99%) is better than 77.59% of its industry peers.
In the last couple of years the Gross Margin of QCI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.8% | ||
| PM (TTM) | 25.94% | ||
| GM | 55.99% |
OM growth 3Y-3.37%
OM growth 5Y8.78%
PM growth 3Y-1.14%
PM growth 5Y3.04%
GM growth 3Y-0.76%
GM growth 5Y0.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), QCI is creating some value.
QCI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, QCI has less shares outstanding
Compared to 1 year ago, QCI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.02 indicates that QCI is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 6.02, QCI is doing good in the industry, outperforming 62.07% of the companies in the same industry.
The Debt to FCF ratio of QCI is 1.14, which is an excellent value as it means it would take QCI, only 1.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.14, QCI belongs to the top of the industry, outperforming 81.03% of the companies in the same industry.
A Debt/Equity ratio of 0.49 indicates that QCI is not too dependend on debt financing.
QCI has a Debt to Equity ratio of 0.49. This is in the lower half of the industry: QCI underperforms 75.86% of its industry peers.
Although QCI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.14 | ||
| Altman-Z | 6.02 |
ROIC/WACC1.54
WACC10.94%
2.3 Liquidity
A Current Ratio of 2.62 indicates that QCI has no problem at all paying its short term obligations.
QCI has a better Current ratio (2.62) than 63.79% of its industry peers.
A Quick Ratio of 1.99 indicates that QCI should not have too much problems paying its short term obligations.
The Quick ratio of QCI (1.99) is better than 74.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.62 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
QCI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.66%, which is quite impressive.
The Earnings Per Share has been growing by 23.53% on average over the past years. This is a very strong growth
QCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.13%.
The Revenue has been growing by 14.76% on average over the past years. This is quite good.
EPS 1Y (TTM)23.66%
EPS 3Y6.13%
EPS 5Y23.53%
EPS Q2Q%24%
Revenue 1Y (TTM)12.13%
Revenue growth 3Y5.09%
Revenue growth 5Y14.76%
Sales Q2Q%17.61%
3.2 Future
QCI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.61% yearly.
QCI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.05% yearly.
EPS Next Y17.4%
EPS Next 2Y10.43%
EPS Next 3Y5.99%
EPS Next 5Y10.61%
Revenue Next Year12.38%
Revenue Next 2Y8.4%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.40 indicates a correct valuation of QCI.
QCI's Price/Earnings ratio is a bit cheaper when compared to the industry. QCI is cheaper than 72.41% of the companies in the same industry.
QCI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 12.57 indicates a correct valuation of QCI.
QCI's Price/Forward Earnings ratio is rather cheap when compared to the industry. QCI is cheaper than 82.76% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. QCI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.4 | ||
| Fwd PE | 12.57 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as QCI.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QCI indicates a rather cheap valuation: QCI is cheaper than 93.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.59 | ||
| EV/EBITDA | 13.3 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
QCI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.83
PEG (5Y)0.61
EPS Next 2Y10.43%
EPS Next 3Y5.99%
5. Dividend
5.1 Amount
QCI has a Yearly Dividend Yield of 2.18%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.50, QCI pays a better dividend. On top of this QCI pays more dividend than 86.21% of the companies listed in the same industry.
QCI's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
5.2 History
The dividend of QCI has a limited annual growth rate of 5.69%.
Dividend Growth(5Y)5.69%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
35.38% of the earnings are spent on dividend by QCI. This is a low number and sustainable payout ratio.
QCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.38%
EPS Next 2Y10.43%
EPS Next 3Y5.99%
FRA:QCI (3/6/2025, 4:00:09 PM)
144.18
-0.3 (-0.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners79.72%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap159.46B
Analysts74.47
Price Target195.52 (35.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
Yearly Dividend3.05
Dividend Growth(5Y)5.69%
DP35.38%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.91%
Min EPS beat(2)3.04%
Max EPS beat(2)12.79%
EPS beat(4)4
Avg EPS beat(4)5.1%
Min EPS beat(4)1.54%
Max EPS beat(4)12.79%
EPS beat(8)7
Avg EPS beat(8)4.7%
EPS beat(12)9
Avg EPS beat(12)3.68%
EPS beat(16)13
Avg EPS beat(16)5.24%
Revenue beat(2)2
Avg Revenue beat(2)3.04%
Min Revenue beat(2)1.4%
Max Revenue beat(2)4.69%
Revenue beat(4)2
Avg Revenue beat(4)1.13%
Min Revenue beat(4)-1.47%
Max Revenue beat(4)4.69%
Revenue beat(8)3
Avg Revenue beat(8)0.48%
Revenue beat(12)4
Avg Revenue beat(12)0.05%
Revenue beat(16)8
Avg Revenue beat(16)0.69%
PT rev (1m)-0.13%
PT rev (3m)-2.92%
EPS NQ rev (1m)4.25%
EPS NQ rev (3m)5.02%
EPS NY rev (1m)4.88%
EPS NY rev (3m)4.99%
Revenue NQ rev (1m)2.64%
Revenue NQ rev (3m)3.04%
Revenue NY rev (1m)2.11%
Revenue NY rev (3m)2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.4 | ||
| Fwd PE | 12.57 | ||
| P/S | 4.25 | ||
| P/FCF | 13.59 | ||
| P/OCF | 12.51 | ||
| P/B | 6.44 | ||
| P/tB | 11.74 | ||
| EV/EBITDA | 13.3 |
EPS(TTM)10.01
EY6.94%
EPS(NY)11.47
Fwd EY7.95%
FCF(TTM)10.61
FCFY7.36%
OCF(TTM)11.53
OCFY7.99%
SpS33.89
BVpS22.39
TBVpS12.28
PEG (NY)0.83
PEG (5Y)0.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.99% | ||
| ROE | 39.27% | ||
| ROCE | 23.91% | ||
| ROIC | 16.83% | ||
| ROICexc | 24.52% | ||
| ROICexgc | 40.03% | ||
| OM | 26.8% | ||
| PM (TTM) | 25.94% | ||
| GM | 55.99% | ||
| FCFM | 31.3% |
ROA(3y)19.65%
ROA(5y)19.1%
ROE(3y)47.98%
ROE(5y)64.07%
ROIC(3y)19.52%
ROIC(5y)18.61%
ROICexc(3y)25.53%
ROICexc(5y)27.1%
ROICexgc(3y)42.12%
ROICexgc(5y)48.74%
ROCE(3y)27.9%
ROCE(5y)26.71%
ROICexcg growth 3Y-22.23%
ROICexcg growth 5Y-9.77%
ROICexc growth 3Y-16.58%
ROICexc growth 5Y3.47%
OM growth 3Y-3.37%
OM growth 5Y8.78%
PM growth 3Y-1.14%
PM growth 5Y3.04%
GM growth 3Y-0.76%
GM growth 5Y0.05%
F-Score9
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.14 | ||
| Debt/EBITDA | 1.05 | ||
| Cap/Depr | 64.75% | ||
| Cap/Sales | 2.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 109.73% | ||
| Profit Quality | 120.66% | ||
| Current Ratio | 2.62 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 6.02 |
F-Score9
WACC10.94%
ROIC/WACC1.54
Cap/Depr(3y)89.85%
Cap/Depr(5y)97.98%
Cap/Sales(3y)3.95%
Cap/Sales(5y)4.79%
Profit Quality(3y)99.69%
Profit Quality(5y)95.9%
High Growth Momentum
Growth
EPS 1Y (TTM)23.66%
EPS 3Y6.13%
EPS 5Y23.53%
EPS Q2Q%24%
EPS Next Y17.4%
EPS Next 2Y10.43%
EPS Next 3Y5.99%
EPS Next 5Y10.61%
Revenue 1Y (TTM)12.13%
Revenue growth 3Y5.09%
Revenue growth 5Y14.76%
Sales Q2Q%17.61%
Revenue Next Year12.38%
Revenue Next 2Y8.4%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
EBIT growth 1Y21.13%
EBIT growth 3Y1.56%
EBIT growth 5Y24.84%
EBIT Next Year21.28%
EBIT Next 3Y8.46%
EBIT Next 5YN/A
FCF growth 1Y58.07%
FCF growth 3Y8.88%
FCF growth 5Y11.77%
OCF growth 1Y36.57%
OCF growth 3Y5.02%
OCF growth 5Y10.86%