QUALCOMM INC (QCOM) Stock Fundamental Analysis
NASDAQ:QCOM • US7475251036
141.03 USD
-1.33 (-0.93%)
At close: Mar 2, 2026
140.485 USD
-0.54 (-0.39%)
After Hours: 3/2/2026, 4:16:09 PM
Overall QCOM gets a fundamental rating of 7 out of 10. We evaluated QCOM against 115 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 is valued quite cheap, while showing a decent growth score. This is a good combination! QCOM also has an excellent dividend rating. This makes QCOM very considerable for value and dividend and quality investing!
1. Profitability
1.1 Basic Checks
- QCOM had positive earnings in the past year.
- In the past year QCOM had a positive cash flow from operations.
- QCOM had positive earnings in each of the past 5 years.
- QCOM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 10.12%, QCOM belongs to the best of the industry, outperforming 80.87% of the companies in the same industry.
- The Return On Equity of QCOM (23.25%) is better than 89.57% of its industry peers.
- QCOM has a better Return On Invested Capital (19.99%) than 93.91% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for QCOM is significantly above the industry average of 10.63%.
- The last Return On Invested Capital (19.99%) for QCOM is above the 3 year average (17.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 23.25% | ||
| ROIC | 19.99% |
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
1.3 Margins
- The Profit Margin of QCOM (11.96%) is better than 67.83% of its industry peers.
- In the last couple of years the Profit Margin of QCOM has declined.
- QCOM's Operating Margin of 27.20% is amongst the best of the industry. QCOM outperforms 86.09% of its industry peers.
- In the last couple of years the Operating Margin of QCOM has grown nicely.
- QCOM's Gross Margin of 55.10% is fine compared to the rest of the industry. QCOM outperforms 73.04% of its industry peers.
- In the last couple of years the Gross Margin of QCOM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.2% | ||
| PM (TTM) | 11.96% | ||
| GM | 55.1% |
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so QCOM is creating value.
- QCOM has less shares outstanding than it did 1 year ago.
- QCOM has less shares outstanding than it did 5 years ago.
- QCOM has a worse debt/assets ratio than last year.
2.2 Solvency
- QCOM has an Altman-Z score of 5.58. This indicates that QCOM is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 5.58, QCOM is doing good in the industry, outperforming 60.87% of the companies in the same industry.
- QCOM has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
- QCOM has a Debt to FCF ratio of 1.15. This is in the better half of the industry: QCOM outperforms 71.30% of its industry peers.
- A Debt/Equity ratio of 0.64 indicates that QCOM is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.64, QCOM is not doing good in the industry: 73.91% of the companies in the same industry are doing better.
- Although QCOM does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 5.58 |
ROIC/WACC1.85
WACC10.8%
2.3 Liquidity
- QCOM has a Current Ratio of 2.51. This indicates that QCOM is financially healthy and has no problem in meeting its short term obligations.
- QCOM has a Current ratio of 2.51. This is comparable to the rest of the industry: QCOM outperforms 40.87% of its industry peers.
- A Quick Ratio of 1.83 indicates that QCOM should not have too much problems paying its short term obligations.
- QCOM has a Quick ratio of 1.83. This is in the lower half of the industry: QCOM underperforms 62.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.50% over the past year.
- Measured over the past years, QCOM shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.54% on average per year.
- QCOM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.25%.
- The Revenue has been growing by 15.30% on average over the past years. This is quite good.
EPS 1Y (TTM)11.5%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%2.64%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%5%
3.2 Future
- The Earnings Per Share is expected to grow by 7.18% on average over the next years.
- The Revenue is expected to grow by 5.35% on average over the next years.
EPS Next Y1.63%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
EPS Next 5Y7.18%
Revenue Next Year0.38%
Revenue Next 2Y0.57%
Revenue Next 3Y2.67%
Revenue Next 5Y5.35%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.64 indicates a reasonable valuation of QCOM.
- Compared to the rest of the industry, the Price/Earnings ratio of QCOM indicates a rather cheap valuation: QCOM is cheaper than 97.39% of the companies listed in the same industry.
- QCOM is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 11.29 indicates a reasonable valuation of QCOM.
- 95.65% of the companies in the same industry are more expensive than QCOM, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 28.05. QCOM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 11.29 |
4.2 Price Multiples
- QCOM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. QCOM is cheaper than 92.17% of the companies in the same industry.
- 96.52% of the companies in the same industry are more expensive than QCOM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.64 | ||
| EV/EBITDA | 10.92 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of QCOM may justify a higher PE ratio.
PEG (NY)7.13
PEG (5Y)0.49
EPS Next 2Y1.91%
EPS Next 3Y3.11%
5. Dividend
5.1 Amount
- QCOM has a Yearly Dividend Yield of 2.45%.
- Compared to an average industry Dividend Yield of 0.47, QCOM pays a better dividend. On top of this QCOM pays more dividend than 94.78% of the companies listed in the same industry.
- QCOM's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.45% |
5.2 History
- The dividend of QCOM is nicely growing with an annual growth rate of 6.56%!
- QCOM has paid a dividend for at least 10 years, which is a reliable track record.
- QCOM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.56%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
- 71.05% of the earnings are spent on dividend by QCOM. This is not a sustainable payout ratio.
- QCOM's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP71.05%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
141.03
-1.33 (-0.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-04 2026-02-04/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners81.85%
Inst Owner Change-0.5%
Ins Owners0.05%
Ins Owner Change-0.31%
Market Cap150.48B
Revenue(TTM)44.87B
Net Income(TTM)5.37B
Analysts72.89
Price Target168.85 (19.73%)
Short Float %3.21%
Short Ratio3.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.45% |
Yearly Dividend3.48
Dividend Growth(5Y)6.56%
DP71.05%
Div Incr Years21
Div Non Decr Years21
Ex-Date03-05 2026-03-05 (0.89)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.42%
Min EPS beat(2)0.57%
Max EPS beat(2)2.27%
EPS beat(4)3
Avg EPS beat(4)0.48%
Min EPS beat(4)-0.96%
Max EPS beat(4)2.27%
EPS beat(8)7
Avg EPS beat(8)2.79%
EPS beat(12)10
Avg EPS beat(12)3.29%
EPS beat(16)12
Avg EPS beat(16)2.88%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-1.63%
Max Revenue beat(2)2.38%
Revenue beat(4)1
Avg Revenue beat(4)-0.36%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)2.38%
Revenue beat(8)3
Avg Revenue beat(8)0.38%
Revenue beat(12)4
Avg Revenue beat(12)0.19%
Revenue beat(16)5
Avg Revenue beat(16)-0.05%
PT rev (1m)-13.39%
PT rev (3m)-13.27%
EPS NQ rev (1m)-11.97%
EPS NQ rev (3m)-12.2%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-0.81%
Revenue NQ rev (1m)-5.25%
Revenue NQ rev (3m)-5.42%
Revenue NY rev (1m)-3.49%
Revenue NY rev (3m)-1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 11.29 | ||
| P/S | 3.35 | ||
| P/FCF | 11.64 | ||
| P/OCF | 10.46 | ||
| P/B | 6.52 | ||
| P/tB | 20.72 | ||
| EV/EBITDA | 10.92 |
EPS(TTM)12.12
EY8.59%
EPS(NY)12.49
Fwd EY8.86%
FCF(TTM)12.11
FCFY8.59%
OCF(TTM)13.49
OCFY9.56%
SpS42.05
BVpS21.62
TBVpS6.81
PEG (NY)7.13
PEG (5Y)0.49
Graham Number76.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 23.25% | ||
| ROCE | 28.24% | ||
| ROIC | 19.99% | ||
| ROICexc | 27.52% | ||
| ROICexgc | 55.45% | ||
| OM | 27.2% | ||
| PM (TTM) | 11.96% | ||
| GM | 55.1% | ||
| FCFM | 28.81% |
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
ROICexc(3y)23.98%
ROICexc(5y)29.07%
ROICexgc(3y)39.79%
ROICexgc(5y)50.96%
ROCE(3y)24.69%
ROCE(5y)29.47%
ROICexgc growth 3Y-4.83%
ROICexgc growth 5Y4.68%
ROICexc growth 3Y-5.32%
ROICexc growth 5Y8.03%
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
F-Score5
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.15 | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 93.91% | ||
| Cap/Sales | 3.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.55% | ||
| Profit Quality | 240.93% | ||
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z | 5.58 |
F-Score5
WACC10.8%
ROIC/WACC1.85
Cap/Depr(3y)71.86%
Cap/Depr(5y)92.66%
Cap/Sales(3y)3.14%
Cap/Sales(5y)4.03%
Profit Quality(3y)159.2%
Profit Quality(5y)125.21%
High Growth Momentum
Growth
EPS 1Y (TTM)11.5%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%2.64%
EPS Next Y1.63%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
EPS Next 5Y7.18%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%5%
Revenue Next Year0.38%
Revenue Next 2Y0.57%
Revenue Next 3Y2.67%
Revenue Next 5Y5.35%
EBIT growth 1Y11.89%
EBIT growth 3Y-5.74%
EBIT growth 5Y22.86%
EBIT Next Year0.78%
EBIT Next 3Y0.95%
EBIT Next 5YN/A
FCF growth 1Y30.74%
FCF growth 3Y23.33%
FCF growth 5Y23.81%
OCF growth 1Y29.02%
OCF growth 3Y15.49%
OCF growth 5Y19.24%
QUALCOMM INC / QCOM FAQ
What is the fundamental rating for QCOM stock?
ChartMill assigns a fundamental rating of 7 / 10 to QCOM.
What is the valuation status for QCOM stock?
ChartMill assigns a valuation rating of 8 / 10 to QUALCOMM INC (QCOM). This can be considered as Undervalued.
What is the profitability of QCOM stock?
QUALCOMM INC (QCOM) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for QCOM stock?
The Price/Earnings (PE) ratio for QUALCOMM INC (QCOM) is 11.64 and the Price/Book (PB) ratio is 6.52.
Can you provide the expected EPS growth for QCOM stock?
The Earnings per Share (EPS) of QUALCOMM INC (QCOM) is expected to grow by 1.63% in the next year.