Market Cap
US$95.4b
Last Updated
2019/10/22 23:41 UTC
Data Sources
Company Financials +
Executive Summary
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide.
Snowflake
Fundamentals
Reasonable growth potential with adequate balance sheet and pays a dividend.
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
Market Performance
7 Day Return
0.8%
QCOM
-0.9%
US Semiconductor
0.07%
US Market
1 Year Return
18.2%
QCOM
23.5%
US Semiconductor
8.9%
US Market
Return vs Industry: QCOM underperformed the US Semiconductor industry which returned 23.5% over the past year.
Return vs Market: QCOM exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| QCOM | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -0.9% | 0.07% |
| 30 Day | 2.7% | 1.9% | -0.3% |
| 90 Day | 3.4% | -1.3% | -1.6% |
| 1 Year | 23.0%18.2% | 26.0%23.5% | 11.3%8.9% |
| 3 Year | 29.8%15.9% | 80.4%69.8% | 46.3%36.8% |
| 5 Year | 22.4%2.5% | 129.7%106.0% | 62.1%44.3% |
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
10 months ago | Simply Wall St
Understanding Your Return On Investment In QUALCOMM Incorporated (NASDAQ:QCOM)1 year ago | Simply Wall St
Is QUALCOMM Incorporated's (NASDAQ:QCOM) CEO Pay Fair?1 year ago | Simply Wall St
QUALCOMM Incorporated (NASDAQ:QCOM): Why Return On Capital Employed Is ImportantValuation
Is QUALCOMM undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QCOM ($78.47) is trading below our estimate of fair value ($220.17)
Significantly Below Fair Value: QCOM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QCOM is poor value based on its PE Ratio (28.6x) compared to the Semiconductor industry average (27.5x).
PE vs Market: QCOM is poor value based on its PE Ratio (28.6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: QCOM is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: QCOM is overvalued based on its PB Ratio (17.5x) compared to the US Semiconductor industry average (2.7x).
Next Steps
Future Growth
How is QUALCOMM forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
15.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QCOM's forecast earnings growth (15% per year) is above the savings rate (2.7%).
Earnings vs Market: QCOM's earnings (15% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: QCOM's earnings are forecast to grow, but not significantly.
Revenue vs Market: QCOM's revenue (14% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: QCOM's revenue (14% 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 (200.9%).
Next Steps
Past Performance
How has QUALCOMM performed over the past 5 years?
-39.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: QCOM's earnings have declined by -39.1% per year over the past 5 years.
Accelerating Growth: QCOM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: QCOM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).
Return on Equity
High ROE: Whilst QCOM's Return on Equity (63.46%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: QCOM has a higher Return on Assets than the Semiconductor industry average last year.
Return on Capital Employed
ROCE Improving: QCOM has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is QUALCOMM's financial position?
Financial Position Analysis
Short Term Liabilities: QCOM's short term assets ($19.2B) exceeds its short term liabilities ($10.9B)
Long Term Liabilities: QCOM's short term assets (19.2B) exceeds its long term liabilities (17.8B)
Debt to Equity History and Analysis
Debt Level: QCOM's debt to equity ratio (300.7%) is considered high
Reducing Debt: QCOM's debt to equity ratio has increased from 0.03% to 300.7% over the past 5 years.
Debt Coverage: QCOM's debt is well covered by operating cash flow (34.2%).
Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (36.3x coverage).
Balance Sheet
Inventory Level: QCOM has a low level of unsold assets or inventory.
Debt Coverage by Assets: QCOM's debt is covered by short term assets (assets are 1.169120x debt).
Next Steps
Dividend
What is QUALCOMM's current dividend yield, its reliability and sustainability?
3.16%
Current Dividend Yield
Upcoming Dividend Payment
Purchase QUALCOMM before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: QCOM's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: QCOM's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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 high payout ratio (90.4%), QCOM's dividend payments are not 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 (47.6% payout ratio).
Next Steps
Management
What is the CEO of QUALCOMM's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Steve Mollenkopf (50yo)
5.6yrs
Tenure
US$19,975,472
Compensation
Mr. Steven M. Mollenkopf, also known as Steve, has been the Chief Executive Officer of QUALCOMM Incorporated since March 4, 2014. Mr. Mollenkopf served as an Executive Vice President of QUALCOMM Incorporat ...
CEO Compensation Analysis
Compensation vs. Market: Steve's total compensation ($USD19.98M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.6yrs
Average Tenure
51.5yo
Average Age
Experienced Management: QCOM's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
62yo
Average Age
Experienced Board: QCOM's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: QCOM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman of the Board |
| Shares | 2,705 |
| Max Price | US$73.84 |
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP |
| Shares | 109 |
| Max Price | US$76.14 |
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP |
| Shares | 1,386 |
| Max Price | US$70.46 |
| Entity | Individual |
| Shares | 5,560 |
| Max Price | US$86.44 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 7,141 |
| Max Price | US$84.56 |
| Entity | Individual |
| Shares | 20,862 |
| Max Price | US$88.43 |
| Entity | Individual |
| Shares | 17,440 |
| Max Price | US$88.53 |
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP |
| Shares | 6,118 |
| Max Price | US$89.51 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$89.58 |
Ownership Breakdown
Management Team
Franklin Antonio
Co-Founder & Chief Scientist
- Tenure: 34.8yrs
Don Rosenberg (68yo)
Executive VP
- Tenure: 12yrs
- Compensation: US$6.60m
Akash Palkhiwala
Senior VP of Finance & Interim CFO
- Tenure: 0.2yrs
Penny Baldwin
Chief Marketing Officer & Senior VP
- Tenure: 2yrs
Cristiano Amon (49yo)
President
- Tenure: 1.8yrs
- Compensation: US$13.62m
Steve Mollenkopf (50yo)
CEO & Director
- Tenure: 5.6yrs
- Compensation: US$19.98m
Jim Thompson (55yo)
Chief Technology Officer
- Tenure: 2.6yrs
- Compensation: US$9.14m
Mary Gendron (53yo)
Senior VP & Chief Information Officer
- Tenure: 3.6yrs
Erin Polek (45yo)
Senior VP
- Tenure: 0.9yrs
Mauricio Lopez-Hodoyan
Vice President of Investor Relations
- Tenure: 0yrs
Board Members
Tony Vinciquerra (64yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$366.54k
Mark Fields (58yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$179.15k
Ann Livermore (60yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$365.04k
Jeff Henderson (54yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$466.78k
Barbara Alexander (70yo)
Independent Director
- Tenure: 13.3yrs
- Compensation: US$396.04k
Harish Manwani (66yo)
Independent Director
- Tenure: 5.4yrs
- Compensation: US$348.98k
Mark McLaughlin (53yo)
Independent Chairman of the Board
- Tenure: 0.2yrs
- Compensation: US$347.80k
Steve Mollenkopf (50yo)
CEO & Director
- Tenure: 5.6yrs
- Compensation: US$19.98m
Sandy Randt (73yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$350.04k
Francisco Ros (68yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$350.04k
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$95.393b
- Shares outstanding: 1.22b
- Website: https://www.qualcomm.com
Number of Employees
Location
- QUALCOMM Incorporated
- 5775 Morehouse Drive
- San Diego
- California
- 92121
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QCOM | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1991 |
| QCOM * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Dec 1991 |
| QCI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1991 |
| QCI | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Dec 1991 |
| QCOM | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Dec 1991 |
| QCOM | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Dec 1991 |
| QCOM | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Dec 1991 |
| QCOM | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 11 REP 1 ORD USD0.0001 | AR | ARS | Sep 2000 | |
| QCOM34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM SHS | BR | BRL | Aug 2012 |
Biography
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licens ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:41 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.