(QCOM) Qualcomm - Ratings and Ratios
Chipsets, Modems, Licensing, IoT, Automotive
Dividends
| Dividend Yield | 2.56% |
| Yield on Cost 5y | 3.07% |
| Yield CAGR 5y | 6.85% |
| Payout Consistency | 85.2% |
| Payout Ratio | 29.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 35.1% |
| Value at Risk 5%th | 55.3% |
| Relative Tail Risk | -4.24% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.33 |
| Alpha | -8.64 |
| CAGR/Max DD | 0.34 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.355 |
| Beta | 1.459 |
| Beta Downside | 1.527 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.23% |
| Mean DD | 17.73% |
| Median DD | 19.14% |
Description: QCOM Qualcomm December 01, 2025
Qualcomm Incorporated (NASDAQ: QCOM) develops and commercializes core wireless technologies worldwide, operating through three segments: Qualcomm CDMA Technologies (QCT), which supplies integrated circuits and system software for mobile devices, automotive connectivity, and IoT; Qualcomm Technology Licensing (QTL), which monetizes its extensive portfolio of standard-essential patents covering 3G, 4G, and 5G; and Qualcomm Strategic Initiatives (QSI), which invests in early-stage companies across 5G, AI, automotive, cloud, and extended reality, while also providing services to U.S. government agencies.
In fiscal 2023, Qualcomm reported revenue of roughly $9.2 billion, a year-over-year increase of about 7 percent, driven largely by continued 5G handset adoption and expanding automotive chip sales. The company’s 5G chipset market share remains near 40 percent, making it a dominant supplier in a segment projected to grow at a compound annual rate of 15 percent through 2028. R&D spending stayed high at approximately $7 billion, reflecting the capital-intensive nature of semiconductor innovation and the need to stay ahead in the race for next-generation connectivity.
Key macro-economic drivers for Qualcomm include the global rollout of 5G infrastructure, rising demand for connected vehicles and advanced driver-assistance systems (ADAS), and the broader shift toward edge computing in industrial IoT. Conversely, supply-chain constraints in semiconductor fabrication and regulatory scrutiny of patent licensing practices introduce material uncertainty to near-term earnings.
For a deeper quantitative view of QCOM’s valuation metrics, you might explore the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (5.54b TTM) > 0 and > 6% of Revenue (6% = 2.66b TTM) |
| FCFTA 0.26 (>2.0%) and ΔFCFTA 5.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 37.51% (prev 37.80%; Δ -0.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.28 (>3.0%) and CFO 14.01b > Net Income 5.54b (YES >=105%, WARN >=100%) |
| Net Debt (9.29b) to EBITDA (14.60b) ratio: 0.64 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.82 (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 -2.21% (target <= -2.0% for YES) |
| Gross Margin 55.43% (prev 56.22%; Δ -0.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 84.11% (prev 70.64%; Δ 13.47pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 19.58 (EBITDA TTM 14.60b / Interest Expense TTM 664.0m) >= 6 (WARN >= 3) |
Altman Z'' 5.94
| (A) 0.33 = (Total Current Assets 25.75b - Total Current Liabilities 9.14b) / Total Assets 50.14b |
| (B) 0.41 = Retained Earnings (Balance) 20.65b / Total Assets 50.14b |
| (C) 0.25 = EBIT TTM 13.00b / Avg Total Assets 52.65b |
| (D) 0.73 = Book Value of Equity 21.21b / Total Liabilities 28.94b |
| Total Rating: 5.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 82.97
| 1. Piotroski 8.0pt |
| 2. FCF Yield 6.89% |
| 3. FCF Margin 28.95% |
| 4. Debt/Equity 0.70 |
| 5. Debt/Ebitda 0.64 |
| 6. ROIC - WACC (= 31.62)% |
| 7. RoE 21.51% |
| 8. Rev. Trend 7.89% |
| 9. EPS Trend -1.08% |
What is the price of QCOM shares?
Over the past week, the price has changed by +4.53%, over one month by -5.54%, over three months by +8.12% and over the past year by +7.06%.
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 | 191.8 | 12.4% |
| Analysts Target Price | 191.8 | 12.4% |
| ValueRay Target Price | 185.7 | 8.8% |
QCOM Fundamental Data Overview November 29, 2025
P/E Trailing = 33.618
P/E Forward = 13.5135
P/S = 4.0956
P/B = 8.3403
P/EG = 0.5516
Beta = 1.208
Revenue TTM = 44.28b USD
EBIT TTM = 13.00b USD
EBITDA TTM = 14.60b USD
Long Term Debt = 14.81b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 14.81b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.29b USD (from netDebt column, last quarter)
Enterprise Value = 186.03b USD (181.37b + Debt 14.81b - CCE 10.15b)
Interest Coverage Ratio = 19.58 (Ebit TTM 13.00b / Interest Expense TTM 664.0m)
FCF Yield = 6.89% (FCF TTM 12.82b / Enterprise Value 186.03b)
FCF Margin = 28.95% (FCF TTM 12.82b / Revenue TTM 44.28b)
Net Margin = 12.51% (Net Income TTM 5.54b / Revenue TTM 44.28b)
Gross Margin = 55.43% ((Revenue TTM 44.28b - Cost of Revenue TTM 19.74b) / Revenue TTM)
Gross Margin QoQ = 55.34% (prev 55.56%)
Tobins Q-Ratio = 3.71 (Enterprise Value 186.03b / Total Assets 50.14b)
Interest Expense / Debt = 1.15% (Interest Expense 170.0m / Debt 14.81b)
Taxrate = 204.9% (out of range, set to none) (6.09b / 2.97b)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 2.82 (Total Current Assets 25.75b / Total Current Liabilities 9.14b)
Debt / Equity = 0.70 (Debt 14.81b / totalStockholderEquity, last quarter 21.21b)
Debt / EBITDA = 0.64 (Net Debt 9.29b / EBITDA 14.60b)
Debt / FCF = 0.72 (Net Debt 9.29b / FCF TTM 12.82b)
Total Stockholder Equity = 25.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.05% (Net Income 5.54b / Total Assets 50.14b)
RoE = 21.51% (Net Income TTM 5.54b / Total Stockholder Equity 25.76b)
RoCE = 32.05% (EBIT 13.00b / Capital Employed (Equity 25.76b + L.T.Debt 14.81b))
RoIC = 42.15% (EBIT 13.00b / (Assets 50.14b - Curr.Liab 9.14b - Cash 10.15b))
WACC = 10.53% (E(181.37b)/V(196.18b) * Re(11.39%) + (debt cost/tax rate unavailable))
Discount Rate = 11.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.98%
[DCF Debug] Terminal Value 69.18% ; FCFE base≈12.16b ; Y1≈13.64b ; Y5≈18.20b
Fair Price DCF = 175.8 (DCF Value 188.33b / Shares Outstanding 1.07b; 5y FCF grow 14.09% → 3.0% )
EPS Correlation: -1.08 | EPS CAGR: -1.95% | SUE: 0.87 | # QB: 1
Revenue Correlation: 7.89 | Revenue CAGR: 1.38% | SUE: 1.05 | # QB: 1
EPS next Quarter (2026-03-31): EPS=2.90 | Chg30d=-0.011 | Revisions Net=-3 | Analysts=24
EPS current Year (2026-09-30): EPS=12.11 | Chg30d=+0.019 | Revisions Net=+3 | Growth EPS=+0.7% | Growth Revenue=+2.9%
EPS next Year (2027-09-30): EPS=12.41 | Chg30d=+0.096 | Revisions Net=+3 | Growth EPS=+2.4% | Growth Revenue=+1.3%
Additional Sources for QCOM Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle