177.78 USD
-4.09 (-2.25%)
178.07 USD
+0.29 (+0.16%)
Overall QCOM gets a fundamental rating of 7 out of 10. We evaluated QCOM against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making QCOM a very profitable company, without any liquidiy or solvency issues. QCOM has a decent growth rate and is not valued too expensively. QCOM also has an excellent dividend rating. This makes QCOM very considerable for dividend and quality investing!
1. Profitability
1.1 Basic Checks
QCOM had positive earnings in the past year.
In the past year QCOM had a positive cash flow from operations.
In the past 5 years QCOM has always been profitable.
Each year in the past 5 years QCOM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of QCOM (11.05%) is better than 81.42% of its industry peers.
Looking at the Return On Equity, with a value of 26.13%, QCOM belongs to the top of the industry, outperforming 90.27% of the companies in the same industry.
The Return On Invested Capital of QCOM (21.40%) is better than 94.69% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QCOM is significantly above the industry average of 10.75%.
The 3 year average ROIC (17.48%) for QCOM is below the current ROIC(21.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | 26.13% | ||
| ROIC | 21.4% |
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
1.3 Margins
Looking at the Profit Margin, with a value of 12.51%, QCOM is in the better half of the industry, outperforming 69.03% of the companies in the same industry.
In the last couple of years the Profit Margin of QCOM has declined.
Looking at the Operating Margin, with a value of 27.99%, QCOM belongs to the top of the industry, outperforming 87.61% of the companies in the same industry.
QCOM's Operating Margin has improved in the last couple of years.
QCOM's Gross Margin of 55.43% is fine compared to the rest of the industry. QCOM outperforms 76.11% of its industry peers.
QCOM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.99% | ||
| PM (TTM) | 12.51% | ||
| GM | 55.43% |
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
2. Health
2.1 Basic Checks
QCOM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, QCOM has less shares outstanding
Compared to 5 years ago, QCOM has less shares outstanding
QCOM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.70 indicates that QCOM is not in any danger for bankruptcy at the moment.
The Altman-Z score of QCOM (6.70) is better than 62.83% of its industry peers.
The Debt to FCF ratio of QCOM is 1.16, which is an excellent value as it means it would take QCOM, only 1.16 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.16, QCOM is doing good in the industry, outperforming 73.45% of the companies in the same industry.
A Debt/Equity ratio of 0.70 indicates that QCOM is somewhat dependend on debt financing.
QCOM has a worse Debt to Equity ratio (0.70) than 75.22% of its industry peers.
Even though the debt/equity ratio score it not favorable for QCOM, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 1.16 | ||
| Altman-Z | 6.7 |
ROIC/WACC2
WACC10.7%
2.3 Liquidity
QCOM has a Current Ratio of 2.82. This indicates that QCOM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of QCOM (2.82) is comparable to the rest of the industry.
QCOM has a Quick Ratio of 2.10. This indicates that QCOM is financially healthy and has no problem in meeting its short term obligations.
QCOM has a Quick ratio (2.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.83% over the past year.
QCOM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.54% yearly.
Looking at the last year, QCOM shows a quite strong growth in Revenue. The Revenue has grown by 13.66% in the last year.
QCOM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.30% yearly.
EPS 1Y (TTM)17.83%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%11.52%
Revenue 1Y (TTM)13.66%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%10.02%
3.2 Future
QCOM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.23% yearly.
The Revenue is expected to grow by 5.59% on average over the next years.
EPS Next Y2.82%
EPS Next 2Y2.66%
EPS Next 3Y3.48%
EPS Next 5Y8.23%
Revenue Next Year4.45%
Revenue Next 2Y2.82%
Revenue Next 3Y3.72%
Revenue Next 5Y5.59%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 14.78 indicates a correct valuation of QCOM.
94.69% of the companies in the same industry are more expensive than QCOM, based on the Price/Earnings ratio.
QCOM is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.37, the valuation of QCOM can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QCOM indicates a rather cheap valuation: QCOM is cheaper than 93.81% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. QCOM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 14.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QCOM is valued cheaply inside the industry as 85.84% of the companies are valued more expensively.
QCOM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. QCOM is cheaper than 92.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.82 | ||
| EV/EBITDA | 13.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of QCOM may justify a higher PE ratio.
PEG (NY)5.25
PEG (5Y)0.63
EPS Next 2Y2.66%
EPS Next 3Y3.48%
5. Dividend
5.1 Amount
QCOM has a Yearly Dividend Yield of 2.08%.
QCOM's Dividend Yield is rather good when compared to the industry average which is at 0.57. QCOM pays more dividend than 89.38% of the companies in the same industry.
QCOM's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
On average, the dividend of QCOM grows each year by 6.56%, which is quite nice.
QCOM has paid a dividend for at least 10 years, which is a reliable track record.
QCOM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.56%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
QCOM pays out 68.67% of its income as dividend. This is not a sustainable payout ratio.
QCOM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.67%
EPS Next 2Y2.66%
EPS Next 3Y3.48%
177.78
-4.09 (-2.25%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners81.85%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner Change4.02%
Market Cap190.05B
Revenue(TTM)44.28B
Net Income(TTM)5.54B
Analysts73.62
Price Target194.95 (9.66%)
Short Float %2.89%
Short Ratio2.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly Dividend3.48
Dividend Growth(5Y)6.56%
DP68.67%
Div Incr Years21
Div Non Decr Years21
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.16%
Min EPS beat(2)0.05%
Max EPS beat(2)2.27%
EPS beat(4)3
Avg EPS beat(4)3.54%
Min EPS beat(4)-0.96%
Max EPS beat(4)12.79%
EPS beat(8)7
Avg EPS beat(8)4.44%
EPS beat(12)9
Avg EPS beat(12)3.18%
EPS beat(16)12
Avg EPS beat(16)3.17%
Revenue beat(2)1
Avg Revenue beat(2)0.27%
Min Revenue beat(2)-1.85%
Max Revenue beat(2)2.38%
Revenue beat(4)2
Avg Revenue beat(4)1.22%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)4.69%
Revenue beat(8)4
Avg Revenue beat(8)0.86%
Revenue beat(12)4
Avg Revenue beat(12)0.05%
Revenue beat(16)6
Avg Revenue beat(16)0.09%
PT rev (1m)0.13%
PT rev (3m)7.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 14.37 | ||
| P/S | 4.29 | ||
| P/FCF | 14.82 | ||
| P/OCF | 13.56 | ||
| P/B | 8.96 | ||
| P/tB | 21.84 | ||
| EV/EBITDA | 13.89 |
EPS(TTM)12.03
EY6.77%
EPS(NY)12.37
Fwd EY6.96%
FCF(TTM)11.99
FCFY6.75%
OCF(TTM)13.11
OCFY7.37%
SpS41.43
BVpS19.84
TBVpS8.14
PEG (NY)5.25
PEG (5Y)0.63
Graham Number73.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | 26.13% | ||
| ROCE | 30.23% | ||
| ROIC | 21.4% | ||
| ROICexc | 28.44% | ||
| ROICexgc | 47.84% | ||
| OM | 27.99% | ||
| PM (TTM) | 12.51% | ||
| GM | 55.43% | ||
| FCFM | 28.95% |
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
ROICexc(3y)23.98%
ROICexc(5y)29.07%
ROICexgc(3y)39.79%
ROICexgc(5y)50.96%
ROCE(3y)24.69%
ROCE(5y)29.47%
ROICexgc growth 3Y-4.83%
ROICexgc growth 5Y4.68%
ROICexc growth 3Y-5.32%
ROICexc growth 5Y8.03%
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
F-Score6
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 1.16 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 74.41% | ||
| Cap/Sales | 2.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.11% | ||
| Profit Quality | 231.37% | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | 6.7 |
F-Score6
WACC10.7%
ROIC/WACC2
Cap/Depr(3y)71.86%
Cap/Depr(5y)92.66%
Cap/Sales(3y)3.14%
Cap/Sales(5y)4.03%
Profit Quality(3y)159.2%
Profit Quality(5y)125.21%
High Growth Momentum
Growth
EPS 1Y (TTM)17.83%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%11.52%
EPS Next Y2.82%
EPS Next 2Y2.66%
EPS Next 3Y3.48%
EPS Next 5Y8.23%
Revenue 1Y (TTM)13.66%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%10.02%
Revenue Next Year4.45%
Revenue Next 2Y2.82%
Revenue Next 3Y3.72%
Revenue Next 5Y5.59%
EBIT growth 1Y20.88%
EBIT growth 3Y-5.74%
EBIT growth 5Y22.86%
EBIT Next Year7.6%
EBIT Next 3Y4.53%
EBIT Next 5YN/A
FCF growth 1Y14.86%
FCF growth 3Y23.33%
FCF growth 5Y23.81%
OCF growth 1Y14.83%
OCF growth 3Y15.49%
OCF growth 5Y19.24%
QUALCOMM INC / QCOM FAQ
What is the fundamental rating for QCOM stock?
ChartMill assigns a fundamental rating of 7 / 10 to QCOM.
What is the valuation status for QCOM stock?
ChartMill assigns a valuation rating of 6 / 10 to QUALCOMM INC (QCOM). This can be considered as Fairly Valued.
What is the profitability of QCOM stock?
QUALCOMM INC (QCOM) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for QCOM stock?
The Price/Earnings (PE) ratio for QUALCOMM INC (QCOM) is 14.78 and the Price/Book (PB) ratio is 8.96.
Can you provide the expected EPS growth for QCOM stock?
The Earnings per Share (EPS) of QUALCOMM INC (QCOM) is expected to grow by 2.82% in the next year.