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Why the quality investor may take a look at QUALCOMM INC (NASDAQ:QCOM).

By Mill Chart

Last update: Feb 13, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if QUALCOMM INC (NASDAQ:QCOM) is suited for quality investing. Investors should of course do their own research, but we spotted QUALCOMM INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Some of the quality metrics of NASDAQ:QCOM highlighted

  • The 5-year revenue growth of QUALCOMM INC has been remarkable, with 9.64% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • QUALCOMM INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 37.83% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • With a Debt/Free Cash Flow Ratio of 1.57, QUALCOMM INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • QUALCOMM INC demonstrates consistent Profit Quality over the past 5 years, with a strong 103.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • QUALCOMM INC has experienced impressive EBIT growth over the past 5 years, with 18.04% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
  • The EBIT 5-year growth of QUALCOMM INC has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Zooming in on the fundamentals.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Overall QCOM gets a fundamental rating of 7 out of 10. We evaluated QCOM against 106 industry peers in the Semiconductors & Semiconductor Equipment industry. QCOM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. QCOM has a correct valuation and a medium growth rate. These ratings could make QCOM a good candidate for quality investing.

Our latest full fundamental report of QCOM contains the most current fundamental analsysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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QUALCOMM INC

NASDAQ:QCOM (4/19/2024, 2:50:07 PM)

157.32

-4.12 (-2.55%)

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