(QCOM) Qualcomm - Ratings and Ratios
Modems, Chipsets, Patents, Automotive, IoT
QCOM EPS (Earnings per Share)
QCOM Revenue
Description: QCOM Qualcomm
Qualcomm Incorporated (NASDAQ: QCOM) develops and commercializes core wireless technologies through three operating segments: Qualcomm CDMA Technologies (QCT), which designs integrated circuits and system software for mobile devices, automotive connectivity, and IoT; Qualcomm Technology Licensing (QTL), which monetizes a broad portfolio of patents covering CDMA2000, WCDMA, LTE, and 5G OFDMA standards; and Qualcomm Strategic Initiatives (QSI), which invests in early-stage companies across 5G, AI, automotive, cloud, and extended-reality, while also providing specialized services to U.S. government agencies.
In fiscal 2023 Qualcomm generated ≈ $33.6 billion in revenue, with QCT contributing roughly 78 % of total sales and QTL delivering a profit margin above 70 % due to the high-margin nature of licensing. The company’s R&D spend remained at about $7.2 billion (≈ 21 % of revenue), reflecting its commitment to maintaining leadership in 5G chipset development. According to IDC’s Q2-2024 report, Qualcomm held ~40 % share of the global 5G smartphone modem market, a key driver of its earnings outlook.
Key macro-level drivers for Qualcomm include the accelerating rollout of 5G infrastructure worldwide, which underpins demand for both handset and automotive connectivity solutions, and the broader shift toward electrified and autonomous vehicles that require high-bandwidth, low-latency communication stacks. Conversely, the company is exposed to supply-chain bottlenecks in advanced semiconductor manufacturing and to regulatory scrutiny over patent licensing practices, both of which introduce material uncertainty to its cash-flow forecasts.
If you want a data-rich, model-backed perspective on how these dynamics translate into valuation risk and upside, a quick look at ValueRay’s analyst toolkit can help you surface the most material assumptions.
QCOM Stock Overview
| Market Cap in USD | 165,724m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 1991-12-13 |
QCOM Stock Ratings
| Growth Rating | 30.4% |
| Fundamental | 82.7% |
| Dividend Rating | 56.8% |
| Return 12m vs S&P 500 | -15.4% |
| Analyst Rating | 3.73 of 5 |
QCOM Dividends
| Dividend Yield 12m | 2.13% |
| Yield on Cost 5y | 3.02% |
| Annual Growth 5y | 6.85% |
| Payout Consistency | 82.3% |
| Payout Ratio | 29.7% |
QCOM Growth Ratios
| Growth Correlation 3m | 73.6% |
| Growth Correlation 12m | -6% |
| Growth Correlation 5y | 43.4% |
| CAGR 5y | 14.96% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.34 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.88 |
| Sharpe Ratio 12m | 0.39 |
| Alpha | -22.66 |
| Beta | 1.227 |
| Volatility | 38.83% |
| Current Volume | 4833.1k |
| Average Volume 20d | 7147.5k |
| Stop Loss | 158 (-3.3%) |
| Signal | -0.39 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (11.58b TTM) > 0 and > 6% of Revenue (6% = 2.60b TTM) |
| FCFTA 0.21 (>2.0%) and ΔFCFTA -2.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 39.56% (prev 36.37%; Δ 3.19pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.23 (>3.0%) and CFO 12.66b > Net Income 11.58b (YES >=105%, WARN >=100%) |
| Net Debt (9.34b) to EBITDA (14.31b) ratio: 0.65 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.19 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.10b) change vs 12m ago -3.09% (target <= -2.0% for YES) |
| Gross Margin 55.68% (prev 55.90%; Δ -0.21pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 80.40% (prev 70.81%; Δ 9.59pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 18.75 (EBITDA TTM 14.31b / Interest Expense TTM 674.0m) >= 6 (WARN >= 3) |
Altman Z'' 6.24
| (A) 0.31 = (Total Current Assets 24.91b - Total Current Liabilities 7.80b) / Total Assets 54.86b |
| (B) 0.48 = Retained Earnings (Balance) 26.55b / Total Assets 54.86b |
| (C) 0.23 = EBIT TTM 12.64b / Avg Total Assets 53.80b |
| (D) 0.98 = Book Value of Equity 27.21b / Total Liabilities 27.65b |
| Total Rating: 6.24 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 82.65
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 6.82% = 3.41 |
| 3. FCF Margin 26.87% = 6.72 |
| 4. Debt/Equity 0.54 = 2.36 |
| 5. Debt/Ebitda 0.65 = 2.18 |
| 6. ROIC - WACC (= 17.62)% = 12.50 |
| 7. RoE 42.85% = 2.50 |
| 8. Rev. Trend 37.51% = 2.81 |
| 9. EPS Trend -26.41% = -1.32 |
What is the price of QCOM shares?
Over the past week, the price has changed by +6.42%, over one month by -1.10%, over three months by +7.71% and over the past year by -2.32%.
Is Qualcomm a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of QCOM is around 155.72 USD . This means that QCOM is currently overvalued and has a potential downside of -4.73%.
Is QCOM a buy, sell or hold?
- Strong Buy: 12
- Buy: 5
- Hold: 19
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the QCOM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 178.1 | 9% |
| Analysts Target Price | 178.1 | 9% |
| ValueRay Target Price | 175.6 | 7.4% |
Last update: 2025-10-11 05:03
QCOM Fundamental Data Overview
P/E Trailing = 14.8396
P/E Forward = 13.947
P/S = 3.8311
P/B = 6.6959
P/EG = 1.9381
Beta = 1.227
Revenue TTM = 43.26b USD
EBIT TTM = 12.64b USD
EBITDA TTM = 14.31b USD
Long Term Debt = 14.79b USD (from longTermDebt, last quarter)
Short Term Debt = 1.46b USD (from shortTermDebt, last fiscal year)
Debt = 14.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.34b USD (from netDebt column, last quarter)
Enterprise Value = 170.50b USD (165.72b + Debt 14.79b - CCE 10.01b)
Interest Coverage Ratio = 18.75 (Ebit TTM 12.64b / Interest Expense TTM 674.0m)
FCF Yield = 6.82% (FCF TTM 11.62b / Enterprise Value 170.50b)
FCF Margin = 26.87% (FCF TTM 11.62b / Revenue TTM 43.26b)
Net Margin = 26.77% (Net Income TTM 11.58b / Revenue TTM 43.26b)
Gross Margin = 55.68% ((Revenue TTM 43.26b - Cost of Revenue TTM 19.17b) / Revenue TTM)
Gross Margin QoQ = 55.56% (prev 55.03%)
Tobins Q-Ratio = 3.11 (Enterprise Value 170.50b / Total Assets 54.86b)
Interest Expense / Debt = 1.14% (Interest Expense 168.0m / Debt 14.79b)
Taxrate = 9.69% (286.0m / 2.95b)
NOPAT = 11.41b (EBIT 12.64b * (1 - 9.69%))
Current Ratio = 3.19 (Total Current Assets 24.91b / Total Current Liabilities 7.80b)
Debt / Equity = 0.54 (Debt 14.79b / totalStockholderEquity, last quarter 27.21b)
Debt / EBITDA = 0.65 (Net Debt 9.34b / EBITDA 14.31b)
Debt / FCF = 0.80 (Net Debt 9.34b / FCF TTM 11.62b)
Total Stockholder Equity = 27.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 21.10% (Net Income 11.58b / Total Assets 54.86b)
RoE = 42.85% (Net Income TTM 11.58b / Total Stockholder Equity 27.02b)
RoCE = 30.22% (EBIT 12.64b / Capital Employed (Equity 27.02b + L.T.Debt 14.79b))
RoIC = 27.38% (NOPAT 11.41b / Invested Capital 41.68b)
WACC = 9.76% (E(165.72b)/V(180.51b) * Re(10.54%) + D(14.79b)/V(180.51b) * Rd(1.14%) * (1-Tc(0.10)))
Discount Rate = 10.54% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.25%
[DCF Debug] Terminal Value 71.34% ; FCFE base≈12.00b ; Y1≈13.15b ; Y5≈16.77b
Fair Price DCF = 180.3 (DCF Value 194.51b / Shares Outstanding 1.08b; 5y FCF grow 10.98% → 3.0% )
EPS Correlation: -26.41 | EPS CAGR: -57.98% | SUE: -4.0 | # QB: 0
Revenue Correlation: 37.51 | Revenue CAGR: -3.39% | SUE: 0.02 | # QB: 0
Additional Sources for QCOM Stock
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Fund Manager Positions: Dataroma | Stockcircle