company background image
QCOM

QUALCOMMNasdaqGS:QCOM Stock Report

Market Cap

US$148.5b

7D

1.1%

1Y

2.1%

Updated

24 Oct, 2021

Data

Company Financials +
QCOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends5/6

QCOM Overview

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices worldwide.

QUALCOMM Competitors

NVIDIA

NasdaqGS:NVDA

US$567.2b

Broadcom

NasdaqGS:AVGO

US$212.2b

Intel

NasdaqGS:INTC

US$201.2b

Texas Instruments

NasdaqGS:TXN

US$183.8b

Price History & Performance

Summary of all time highs, changes and price drops for QUALCOMM
Historical stock prices
Current Share PriceUS$131.62
52 Week HighUS$121.05
52 Week LowUS$167.94
Beta1.35
1 Month Change-1.69%
3 Month Change-8.28%
1 Year Change2.13%
3 Year Change110.66%
5 Year Change92.43%
Change since IPO23,299.11%

Recent News & Updates

Oct 21

Why Has Qualcomm Stock Fallen Since September And What's Next?

QUALCOMM Incorporated does not appear to be very much affected by the ongoing semiconductor chip shortage issue, going by management comments and its recent financial performance. QCOM's shares have fallen by as much as 17% between September and mid-October 2021, although its share price has recovered some lost ground following a new share buyback authorization announcement. The company's supply situation will be the key short-term issue to monitor; while Apple's new modem and the handset market's growth are the major long-term issues to watch. I have a Neutral rating for QCOM, considering the company's long-term risk factors and its current valuations.

Oct 21
QUALCOMM Incorporated, (NASDAQ:QCOM) a Dividend Stock with an In-Demand Product Line

QUALCOMM Incorporated, (NASDAQ:QCOM) a Dividend Stock with an In-Demand Product Line

Could QUALCOMM Incorporated (NASDAQ:QCOM) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. Unfortunately, it's common for investors to be enticed in by the seemingly attractive yield, and lose money when the stock goes down. That is why we need to find both an attractive dividend and a growing stock

Oct 08
I Ran A Stock Scan For Earnings Growth And QUALCOMM (NASDAQ:QCOM) Passed With Ease

I Ran A Stock Scan For Earnings Growth And QUALCOMM (NASDAQ:QCOM) Passed With Ease

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Oct 05

Qualcomm Stock: Breather Before The Next Big Peak Rush To New All-Time Highs

The Qualcomm stock is still caught in consolidation, which has been going on since January when Qualcomm reached an all-time high of over $160 per share. Qualcomm stock is taking a breather before the next peak storm. Today, Qualcomm is in an extremely comfortable position. Even the loss of market share to MediaTek does not change that. Looking at the downside risks, I see far greater exposure with many of Qualcomm's other peers, especially regarding everybody's darlings AMD and Nvidia. If the general market sentiment remains intact, this is the right time to add more Qualcomm shares to your portfolio.

Sep 28

Qualcomm: A Great 5G And IoT Play, But Beware Potential Headwinds

Qualcomm has positioned quite well its product portfolio for secular growth trends in 5G and IoT. Its recent operating performance has been quite good and momentum should remain strong in the next quarters supported by 5G, IoT and auto connectivity. There are some potential issues in the short term, such as the chip shortage, MediaTek competition or losing Apple’s modem business, but long-term secular growth drivers are stronger.

Shareholder Returns

QCOMUS SemiconductorUS Market
7D1.1%1.9%1.7%
1Y2.1%42.2%30.3%

Return vs Industry: QCOM underperformed the US Semiconductor industry which returned 42.2% over the past year.

Return vs Market: QCOM underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is QCOM's price volatile compared to industry and market?
QCOM volatility
QCOM Beta1.35
Industry Beta1.25
Market Beta1

Stable Share Price: QCOM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: QCOM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198541,000Cristiano Amonhttps://www.qualcomm.com

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

QUALCOMM Fundamentals Summary

How do QUALCOMM's earnings and revenue compare to its market cap?
QCOM fundamental statistics
Market CapUS$148.47b
Earnings (TTM)US$9.21b
Revenue (TTM)US$32.58b

16.1x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QCOM income statement (TTM)
RevenueUS$32.58b
Cost of RevenueUS$13.09b
Gross ProfitUS$19.49b
ExpensesUS$10.28b
EarningsUS$9.21b

Last Reported Earnings

Jun 27, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)8.16
Gross Margin59.81%
Net Profit Margin28.26%
Debt/Equity Ratio193.4%

How did QCOM perform over the long term?

See historical performance and comparison

Valuation

Is QUALCOMM undervalued compared to its fair value and its price relative to the market?

16.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: QCOM ($131.62) is trading above our estimate of fair value ($114.38)

Significantly Below Fair Value: QCOM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: QCOM is good value based on its PE Ratio (16.1x) compared to the US Semiconductor industry average (31.9x).

PE vs Market: QCOM is good value based on its PE Ratio (16.1x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: QCOM is poor value based on its PEG Ratio (7.3x)


Price to Book Ratio

PB vs Industry: QCOM is overvalued based on its PB Ratio (18.2x) compared to the US Semiconductor industry average (4.8x).


Future Growth

How is QUALCOMM forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QCOM's forecast earnings growth (2.2% per year) is above the savings rate (2%).

Earnings vs Market: QCOM's earnings (2.2% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: QCOM's earnings are forecast to grow, but not significantly.

Revenue vs Market: QCOM's revenue (6.3% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: QCOM's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QCOM's Return on Equity is forecast to be very high in 3 years time (66.7%).


Past Performance

How has QUALCOMM performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QCOM has high quality earnings.

Growing Profit Margin: QCOM's current net profit margins (28.3%) are higher than last year (13.8%).


Past Earnings Growth Analysis

Earnings Trend: QCOM's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: QCOM's earnings growth over the past year (233.7%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: QCOM earnings growth over the past year (233.7%) exceeded the Semiconductor industry 70.4%.


Return on Equity

High ROE: Whilst QCOM's Return on Equity (112.57%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is QUALCOMM's financial position?


Financial Position Analysis

Short Term Liabilities: QCOM's short term assets ($19.7B) exceed its short term liabilities ($11.5B).

Long Term Liabilities: QCOM's short term assets ($19.7B) exceed its long term liabilities ($19.1B).


Debt to Equity History and Analysis

Debt Level: QCOM's debt to equity ratio (193.4%) is considered high.

Reducing Debt: QCOM's debt to equity ratio has increased from 38.4% to 193.4% over the past 5 years.

Debt Coverage: QCOM's debt is well covered by operating cash flow (70.8%).

Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (28.9x coverage).


Balance Sheet


Dividend

What is QUALCOMM current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 25 2021Ex Dividend DateDec 01 2021Dividend Pay DateDec 16 202115 days from Ex DividendBuy in the next 37 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: QCOM's dividend (2.07%) is higher than the bottom 25% of dividend payers in the US market (1.29%).

High Dividend: QCOM's dividend (2.07%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: QCOM's dividends per share have been stable in the past 10 years.

Growing Dividend: QCOM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.3%), QCOM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: QCOM's dividends in 3 years are forecast to be well covered by earnings (30.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Cristiano Amon (51 yo)

0.33

Tenure

US$14,610,151

Compensation

Mr. Cristiano Renno Amon serves as Chief Executive Officer & DIrector of QUALCOMM Incorporated since June 30, 2021 and serves as its President since January 04, 2018. Mr. Amon served as the President of Qu...


CEO Compensation Analysis

Compensation vs Market: Cristiano's total compensation ($USD14.61M) is above average for companies of similar size in the US market ($USD11.15M).

Compensation vs Earnings: Cristiano's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: QCOM's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: QCOM's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

QUALCOMM Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: QUALCOMM Incorporated
  • Ticker: QCOM
  • Exchange: NasdaqGS
  • Founded: 1985
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$148.467b
  • Shares outstanding: 1.13b
  • Website: https://www.qualcomm.com

Number of Employees


Location

  • QUALCOMM Incorporated
  • 5775 Morehouse Drive
  • San Diego
  • California
  • 92121-1714
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 22:22
End of Day Share Price2021/10/22 00:00
Earnings2021/06/27
Annual Earnings2020/09/27


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.