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QCOM

QUALCOMMNasdaqGS:QCOM Stock Report

Market Cap

US$196.8b

7D

-5.0%

1Y

22.2%

Updated

28 Nov, 2021

Data

Company Financials +
QCOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends5/6

QCOM Stock Overview

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

QUALCOMM Competitors

NVIDIA

NasdaqGS:NVDA

US$787.6b

Broadcom

NasdaqGS:AVGO

US$225.0b

Advanced Micro Devices

NasdaqGS:AMD

US$187.0b

Texas Instruments

NasdaqGS:TXN

US$173.9b

Price History & Performance

Summary of all time highs, changes and price drops for QUALCOMM
Historical stock prices
Current Share PriceUS$175.74
52 Week HighUS$188.77
52 Week LowUS$122.17
Beta1.33
1 Month Change32.10%
3 Month Change20.42%
1 Year Change22.19%
3 Year Change201.65%
5 Year Change166.92%
Change since IPO31,142.67%

Recent News & Updates

Nov 26

Qualcomm Stock: After A Strong Rally, It Is Now A 'Hold'

Qualcomm is well-positioned to benefit from secular growth trends of 5G, IoT, and industrial and auto connectivity. Its recent operating performance has been quite good and momentum should remain strong in the next few quarters, even though growth is expected to moderate in the medium term. After a strong stock rally, the upside is now more limited and investors should buy more during potential pullbacks.

Nov 21
QUALCOMM's (NASDAQ:QCOM) Shareholders Will Receive A Bigger Dividend Than Last Year

QUALCOMM's (NASDAQ:QCOM) Shareholders Will Receive A Bigger Dividend Than Last Year

QUALCOMM Incorporated's ( NASDAQ:QCOM ) dividend will be increasing to US$0.68 on 16th of December. This will take the...

Nov 14
Estimating The Fair Value Of QUALCOMM Incorporated (NASDAQ:QCOM)

Estimating The Fair Value Of QUALCOMM Incorporated (NASDAQ:QCOM)

How far off is QUALCOMM Incorporated ( NASDAQ:QCOM ) from its intrinsic value? Using the most recent financial data...

Shareholder Returns

QCOMUS SemiconductorUS Market
7D-5.0%-3.6%-2.7%
1Y22.2%53.7%21.3%

Return vs Industry: QCOM underperformed the US Semiconductor industry which returned 53.7% over the past year.

Return vs Market: QCOM matched the US Market which returned 21.3% over the past year.

Price Volatility

Is QCOM's price volatile compared to industry and market?
QCOM volatility
QCOM Average Weekly Movement5.4%
Semiconductor Industry Average Movement6.4%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: QCOM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: QCOM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198545,000Cristiano Amonhttps://www.qualcomm.com

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company 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$196.83b
Earnings (TTM)US$9.04b
Revenue (TTM)US$33.57b

21.8x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QCOM income statement (TTM)
RevenueUS$33.57b
Cost of RevenueUS$14.26b
Gross ProfitUS$19.30b
ExpensesUS$10.26b
EarningsUS$9.04b

Last Reported Earnings

Sep 26, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.07
Gross Margin57.51%
Net Profit Margin26.94%
Debt/Equity Ratio158.2%

How did QCOM perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

33%

Payout Ratio

Does QCOM pay a reliable dividends?

See QCOM dividend history and benchmarks
When do you need to buy QCOM by to receive an upcoming dividend?
QUALCOMM dividend dates
Ex Dividend DateDec 01 2021
Dividend Pay DateDec 16 2021
Days until Ex dividend1 day
Days until Dividend pay date16 days

Does QCOM pay a reliable dividends?

See QCOM dividend history and benchmarks

Valuation

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

2.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QCOM ($175.74) is trading below our estimate of fair value ($179.78)

Significantly Below Fair Value: QCOM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: QCOM is good value based on its PE Ratio (21.8x) compared to the US Semiconductor industry average (29.3x).

PE vs Market: QCOM is poor value based on its PE Ratio (21.8x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: QCOM is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: QCOM is overvalued based on its PB Ratio (19.8x) 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 25 analysts?

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QCOM's forecast earnings growth (9.7% per year) is above the savings rate (2%).

Earnings vs Market: QCOM's earnings (9.7% per year) are forecast to grow slower than the US market (14.3% per year).

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

Revenue vs Market: QCOM's revenue (9.8% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: QCOM's revenue (9.8% 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 (46.5%).


Past Performance

How has QUALCOMM performed over the past 5 years?

27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QCOM has high quality earnings.

Growing Profit Margin: QCOM's current net profit margins (26.9%) are higher than last year (22%).


Past Earnings Growth Analysis

Earnings Trend: QCOM's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: QCOM's earnings growth over the past year (74.9%) exceeds its 5-year average (27.2% per year).

Earnings vs Industry: QCOM earnings growth over the past year (74.9%) underperformed the Semiconductor industry 80.5%.


Return on Equity

High ROE: Whilst QCOM's Return on Equity (90.88%) 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 ($20.1B) exceed its short term liabilities ($12.0B).

Long Term Liabilities: QCOM's short term assets ($20.1B) exceed its long term liabilities ($19.3B).


Debt to Equity History and Analysis

Debt Level: QCOM's net debt to equity ratio (33.5%) is considered satisfactory.

Reducing Debt: QCOM's debt to equity ratio has increased from 37% to 158.2% over the past 5 years.

Debt Coverage: QCOM's debt is well covered by operating cash flow (66.9%).

Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (27.2x coverage).


Balance Sheet


Dividend

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

1.55%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 29 2021Ex Dividend DateDec 01 2021Dividend Pay DateDec 16 202115 days from Ex DividendBuy in the next 1 day to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: QCOM's dividend (1.55%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: QCOM's dividend (1.55%) is low compared to the top 25% of dividend payers in the US market (3.58%).


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 (33.3%), 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 (23.4% payout ratio).


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Cristiano Amon (51 yo)

0.83

Tenure

US$14,610,151

Compensation

Mr. Cristiano Renno Amon has been Chief Executive Officer and DIrector of QUALCOMM Incorporated since January 2021 and June 30, 2021 respectively and serves as its President since January 04, 2018. Mr. Amo...


CEO Compensation Analysis

Compensation vs Market: Cristiano's total compensation ($USD14.61M) is above average for companies of similar size in the US market ($USD11.11M).

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 not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: QCOM's board of directors are considered experienced (3.4 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$196.829b
  • Shares outstanding: 1.12b
  • 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 Analysis2021/11/28 23:21
End of Day Share Price2021/11/26 00:00
Earnings2021/09/26
Annual Earnings2021/09/26


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.