Market Cap
US$156.5b
Last Updated
2021/04/16 22:31 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has QUALCOMM's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QCOM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: QCOM's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-1.7%
QCOM
-0.5%
US Semiconductor
1.3%
US Market
1 Year Return
81.4%
QCOM
79.0%
US Semiconductor
53.9%
US Market
Return vs Industry: QCOM exceeded the US Semiconductor industry which returned 79% over the past year.
Return vs Market: QCOM exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| QCOM | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -0.5% | 1.3% |
| 30 Day | 3.2% | 4.7% | 3.3% |
| 90 Day | -12.0% | 9.1% | 8.9% |
| 1 Year | 85.5%81.4% | 81.9%79.0% | 56.6%53.9% |
| 3 Year | 195.9%168.7% | 130.6%118.7% | 64.4%53.6% |
| 5 Year | 211.0%162.6% | 338.0%295.6% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is QUALCOMM's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's What QUALCOMM Incorporated's (NASDAQ:QCOM) Shareholder Ownership Structure Looks Like3 weeks ago | Simply Wall St
QUALCOMM Incorporated's (NASDAQ:QCOM) Intrinsic Value Is Potentially 24% Below Its Share Price1 month ago | Simply Wall St
How Many QUALCOMM Incorporated (NASDAQ:QCOM) Shares Have Insiders Sold, In The Last Year?Valuation
Is QUALCOMM undervalued compared to its fair value and its price relative to the market?
23.26x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QCOM ($138.21) is trading above our estimate of fair value ($102.4)
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 (23.3x) compared to the US Semiconductor industry average (39.9x).
PE vs Market: QCOM is poor value based on its PE Ratio (23.3x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: QCOM is poor value based on its PEG Ratio (8.8x)
Price to Book Ratio
PB vs Industry: QCOM is overvalued based on its PB Ratio (21.3x) compared to the US Semiconductor industry average (5x).
Future Growth
How is QUALCOMM forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
2.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QCOM's forecast earnings growth (2.6% per year) is above the savings rate (2%).
Earnings vs Market: QCOM's earnings (2.6% per year) are forecast to grow slower than the US market (18.1% per year).
High Growth Earnings: QCOM's earnings are forecast to grow, but not significantly.
Revenue vs Market: QCOM's revenue (5.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: QCOM's revenue (5.3% 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 (72.9%).
Past Performance
How has QUALCOMM performed over the past 5 years?
-0.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QCOM has high quality earnings.
Growing Profit Margin: QCOM's current net profit margins (25.2%) are higher than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: QCOM's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: QCOM's earnings growth over the past year (58.5%) exceeds its 5-year average (-0.4% per year).
Earnings vs Industry: QCOM earnings growth over the past year (58.5%) exceeded the Semiconductor industry 30%.
Return on Equity
High ROE: Whilst QCOM's Return on Equity (91.17%) 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 ($19.8B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: QCOM's short term assets ($19.8B) do not cover its long term liabilities ($20.9B).
Debt to Equity History and Analysis
Debt Level: QCOM's debt to equity ratio (204.6%) is considered high.
Reducing Debt: QCOM's debt to equity ratio has increased from 35.9% to 204.6% over the past 5 years.
Debt Coverage: QCOM's debt is well covered by operating cash flow (52.1%).
Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (19.8x coverage).
Balance Sheet
Dividend
What is QUALCOMM current dividend yield, its reliability and sustainability?
1.97%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QCOM's dividend (1.97%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: QCOM's dividend (1.97%) is low compared to the top 25% of dividend payers in the US market (3.46%).
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 (43.3%), 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 (32.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Steve Mollenkopf (51 yo)
7.08yrs
Tenure
US$25,930,689
Compensation
Mr. Steven M. Mollenkopf, also known as Steve, serves as Independent Director at Boeing Company since April 27, 2020. He has been the Chief Executive Officer of QUALCOMM Incorporated since March 4, 2014. M...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD25.93M) is above average for companies of similar size in the US market ($USD11.14M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: QCOM's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: QCOM's board of directors are considered experienced (3.7 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 company bio, 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$156.523b
- Shares outstanding: 1.14b
- Website: https://www.qualcomm.com
Number of Employees
Location
- QUALCOMM Incorporated
- 5775 Morehouse Drive
- San Diego
- California
- 92121-1714
- United States
Listings
Biography
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, broadba...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 22:31 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/27 |
| Annual Earnings | 2020/09/27 |
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.