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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt No Debt
QCOM's Cash to Debt is ranked higher than
96% of the 637 Companies
in the Global Communication Equipment industry.

( Industry Median: 10.14 vs. QCOM: No Debt )
QCOM' s 10-Year Cash to Debt Range
Min: 0.45   Max: No Debt
Current: No Debt

Equity to Asset 0.80
QCOM's Equity to Asset is ranked higher than
86% of the 620 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.59 vs. QCOM: 0.80 )
QCOM' s 10-Year Equity to Asset Range
Min: 0.37   Max: 0.91
Current: 0.8

0.37
0.91
Interest Coverage 314.35
QCOM's Interest Coverage is ranked higher than
68% of the 397 Companies
in the Global Communication Equipment industry.

( Industry Median: 109.07 vs. QCOM: 314.35 )
QCOM' s 10-Year Interest Coverage Range
Min: 0.68   Max: 1064.5
Current: 314.35

0.68
1064.5
F-Score: 6
Z-Score: 11.21
M-Score: -2.91
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 29.08
QCOM's Operating margin (%) is ranked higher than
98% of the 620 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.31 vs. QCOM: 29.08 )
QCOM' s 10-Year Operating margin (%) Range
Min: -0.91   Max: 43.63
Current: 29.08

-0.91
43.63
Net-margin (%) 27.56
QCOM's Net-margin (%) is ranked higher than
97% of the 620 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.04 vs. QCOM: 27.56 )
QCOM' s 10-Year Net-margin (%) Range
Min: -20.48   Max: 37.78
Current: 27.56

-20.48
37.78
ROE (%) 18.99
QCOM's ROE (%) is ranked higher than
93% of the 611 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.70 vs. QCOM: 18.99 )
QCOM' s 10-Year ROE (%) Range
Min: -11.4   Max: 20.86
Current: 18.99

-11.4
20.86
ROA (%) 15.06
QCOM's ROA (%) is ranked higher than
96% of the 625 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.19 vs. QCOM: 15.06 )
QCOM' s 10-Year ROA (%) Range
Min: -9.68   Max: 17.86
Current: 15.06

-9.68
17.86
ROC (Joel Greenblatt) (%) 241.40
QCOM's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 620 Companies
in the Global Communication Equipment industry.

( Industry Median: 11.39 vs. QCOM: 241.40 )
QCOM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -0.99   Max: 241.4
Current: 241.4

-0.99
241.4
Revenue Growth (%) 28.90
QCOM's Revenue Growth (%) is ranked higher than
94% of the 512 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.10 vs. QCOM: 28.90 )
QCOM' s 10-Year Revenue Growth (%) Range
Min: -15.9   Max: 84.6
Current: 28.9

-15.9
84.6
EBITDA Growth (%) 18.80
QCOM's EBITDA Growth (%) is ranked higher than
82% of the 356 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.50 vs. QCOM: 18.80 )
QCOM' s 10-Year EBITDA Growth (%) Range
Min: -6.7   Max: 78.8
Current: 18.8

-6.7
78.8
EPS Growth (%) 25.90
QCOM's EPS Growth (%) is ranked higher than
84% of the 335 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.10 vs. QCOM: 25.90 )
QCOM' s 10-Year EPS Growth (%) Range
Min: -12.9   Max: 95.7
Current: 25.9

-12.9
95.7
» QCOM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

QCOM Guru Trades in Q2 2013

Chase Coleman 1,400,000 sh (New)
David Dreman 31,533 sh (New)
First Pacific Advisors 250,000 sh (New)
Bill Frels 706,578 sh (+130.19%)
Ray Dalio 375,465 sh (+102.77%)
Joel Greenblatt 86,572 sh (+77.93%)
Pioneer Investments 2,305,638 sh (+60.34%)
Paul Tudor Jones 14,900 sh (+47.52%)
Robert Olstein 91,000 sh (+35.82%)
Jim Simons 1,572,160 sh (+31.7%)
Scott Black 191,548 sh (+25.42%)
David Rolfe 3,690,177 sh (+23.79%)
Leon Cooperman 3,750,300 sh (+13.62%)
Steve Mandel 9,316,298 sh (+12.25%)
Lee Ainslie 4,579,252 sh (+4.66%)
Jeff Auxier 3,871 sh (+2.27%)
Manning & Napier Advisors, Inc 6,053,232 sh (+1.08%)
Ken Fisher 9,018,846 sh (+0.95%)
David Tepper 2,997,323 sh (+0.58%)
PRIMECAP Management 17,010,025 sh (+0.44%)
Ruane Cunniff 300,982 sh (+0.07%)
Steve Mandel 575,000 sh (unchged)
Murray Stahl 8,000 sh (unchged)
Julian Robertson 271,130 sh (unchged)
Alan Fournier Sold Out
Stanley Druckenmiller Sold Out
Jean-Marie Eveillard Sold Out
Ron Baron Sold Out
John Burbank Sold Out
Chuck Royce Sold Out
George Soros Sold Out
John Keeley Sold Out
Jeremy Grantham 5,749,913 sh (-0.37%)
Private Capital 479,617 sh (-1.69%)
Mario Gabelli 52,900 sh (-18.53%)
RS Investment Management 117,242 sh (-43.83%)
Louis Moore Bacon 120,000 sh (-68%)
Andreas Halvorsen 2,363,199 sh (-72.64%)
Steven Cohen 57,626 sh (-92.12%)
Frank Sands 207,135 sh (-97.95%)
» More
Q3 2013

QCOM Guru Trades in Q3 2013

Bill Nygren 2,100,000 sh (New)
First Pacific Advisors 2,216,400 sh (+786.56%)
Jim Simons 3,207,760 sh (+104.04%)
Murray Stahl 12,449 sh (+55.61%)
Steve Mandel 13,329,083 sh (+43.07%)
Steven Cohen 79,203 sh (+37.44%)
Jeremy Grantham 7,322,254 sh (+27.35%)
Joel Greenblatt 106,440 sh (+22.95%)
Robert Olstein 103,000 sh (+13.19%)
Manning & Napier Advisors, Inc 6,830,160 sh (+12.83%)
PRIMECAP Management 19,070,975 sh (+12.12%)
David Rolfe 3,991,646 sh (+8.17%)
Pioneer Investments 2,404,594 sh (+4.29%)
Bill Frels 725,590 sh (+2.69%)
Ruane Cunniff 301,282 sh (+0.1%)
David Dreman 31,565 sh (+0.1%)
Steve Mandel 2,297,000 sh (unchged)
Andreas Halvorsen Sold Out
RS Investment Management Sold Out
Chase Coleman Sold Out
Mario Gabelli 52,860 sh (-0.08%)
Ken Fisher 9,004,980 sh (-0.15%)
Jeff Auxier 3,827 sh (-1.14%)
Private Capital 462,971 sh (-3.47%)
Scott Black 184,682 sh (-3.58%)
Lee Ainslie 4,047,393 sh (-11.61%)
David Tepper 2,517,323 sh (-16.01%)
Leon Cooperman 2,826,100 sh (-24.64%)
Frank Sands 154,000 sh (-25.65%)
Julian Robertson 150,400 sh (-44.53%)
Ray Dalio 151,365 sh (-59.69%)
Paul Tudor Jones 3,800 sh (-74.5%)
Louis Moore Bacon 7,347 sh (-93.88%)
» More
Q4 2013

QCOM Guru Trades in Q4 2013

George Soros 703,230 sh (New)
Steven Romick 2,100,000 sh (New)
Louis Moore Bacon 32,875 sh (+347.46%)
Paul Tudor Jones 5,966 sh (+57%)
Joel Greenblatt 167,043 sh (+56.94%)
Jeremy Grantham 9,674,985 sh (+32.13%)
Ray Dalio 192,065 sh (+26.89%)
Bill Nygren 2,600,000 sh (+23.81%)
Murray Stahl 14,797 sh (+18.86%)
David Rolfe 4,396,586 sh (+10.14%)
Bill Frels 757,734 sh (+4.43%)
Mario Gabelli 54,860 sh (+3.78%)
PRIMECAP Management 19,333,758 sh (+1.38%)
Manning & Napier Advisors, Inc 6,921,719 sh (+1.34%)
Ken Fisher 9,073,330 sh (+0.76%)
First Pacific Advisors 2,219,900 sh (+0.16%)
Jeff Auxier 3,827 sh (unchged)
Ruane Cunniff 301,282 sh (unchged)
Steve Mandel 1,722,000 sh (unchged)
Julian Robertson Sold Out
Frank Sands Sold Out
Scott Black 177,268 sh (-4.01%)
Leon Cooperman 2,619,887 sh (-7.3%)
Jim Simons 2,916,560 sh (-9.08%)
Robert Olstein 90,000 sh (-12.62%)
Steve Mandel 10,886,598 sh (-18.32%)
Lee Ainslie 3,274,268 sh (-19.1%)
Steven Cohen 54,941 sh (-30.63%)
Pioneer Investments 1,608,219 sh (-33.12%)
Private Capital 301,559 sh (-34.86%)
David Dreman 16,005 sh (-49.3%)
David Tepper 1,113,523 sh (-55.77%)
» More
Q1 2014

QCOM Guru Trades in Q1 2014

Steven Romick 2,100,000 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with QCOM

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Julian Robertson 2013-12-31 Sold Out 1.6%$65.71 - $73.8 $ 81.3215%0
Steve Mandel 2013-12-31 Reduce -18.32%0.73%$65.71 - $73.8 $ 81.3215%10886598
Lee Ainslie 2013-12-31 Reduce -19.1%0.71%$65.71 - $73.8 $ 81.3215%3274268
George Soros 2013-12-31 New Buy0.44%$65.71 - $73.8 $ 81.3215%703230
Leon Cooperman 2013-12-31 Reduce -7.3%0.21%$65.71 - $73.8 $ 81.3215%2619887
Joel Greenblatt 2013-12-31 Add 56.94%0.11%$65.71 - $73.8 $ 81.3215%167043
David Dreman 2013-12-31 Reduce -49.3%0.09%$65.71 - $73.8 $ 81.3215%16005
Frank Sands 2013-12-31 Sold Out 0.03%$65.71 - $73.8 $ 81.3215%0
Ray Dalio 2013-12-31 Add 26.89%0.02%$65.71 - $73.8 $ 81.3215%192065
Steve Mandel 2013-09-30 Add 43.07%1.2%$59.39 - $70.09 $ 81.3224%13329083
Julian Robertson 2013-09-30 Reduce -44.53%0.94%$59.39 - $70.09 $ 81.3224%150400
Leon Cooperman 2013-09-30 Reduce -24.64%0.86%$59.39 - $70.09 $ 81.3224%2826100
Lee Ainslie 2013-09-30 Reduce -11.61%0.44%$59.39 - $70.09 $ 81.3224%4047393
PRIMECAP Management 2013-09-30 Add 12.12%0.18%$59.39 - $70.09 $ 81.3224%19070975
Ray Dalio 2013-09-30 Reduce -59.69%0.12%$59.39 - $70.09 $ 81.3224%151365
Joel Greenblatt 2013-09-30 Add 22.95%0.04%$59.39 - $70.09 $ 81.3224%106440
Frank Sands 2013-09-30 Reduce -25.65%0.01%$59.39 - $70.09 $ 81.3224%154000
Frank Sands 2013-06-30 Reduce -97.95%2.35%$59.885 - $67.285 $ 81.3228%207135
John Burbank 2013-06-30 Sold Out 1.2%$59.885 - $67.285 $ 81.3228%0
Leon Cooperman 2013-06-30 Add 13.62%0.42%$59.885 - $67.285 $ 81.3228%3750300
Jean-Marie Eveillard 2013-06-30 Sold Out 0.31%$59.885 - $67.285 $ 81.3228%0
Steve Mandel 2013-06-30 Add 12.25%0.31%$59.885 - $67.285 $ 81.3228%9316298
Scott Black 2013-06-30 Add 25.42%0.28%$59.885 - $67.285 $ 81.3228%191548
Lee Ainslie 2013-06-30 Add 4.66%0.17%$59.885 - $67.285 $ 81.3228%4579252
George Soros 2013-06-30 Sold Out 0.14%$59.885 - $67.285 $ 81.3228%0
Joel Greenblatt 2013-06-30 Add 77.93%0.1%$59.885 - $67.285 $ 81.3228%86572
Ray Dalio 2013-06-30 Add 102.77%0.1%$59.885 - $67.285 $ 81.3228%375465
Ron Baron 2013-06-30 Sold Out 0.01%$59.885 - $67.285 $ 81.3228%0
John Keeley 2013-06-30 Sold Out $59.885 - $67.285 $ 81.3228%0
David Dreman 2013-06-30 New Buy$59.885 - $67.285 $ 81.3228%31533
Frank Sands 2013-03-31 Reduce -34.35%1.31%$61.86 - $67.97 $ 81.3224%10121273
Leon Cooperman 2013-03-31 Add 37.97%0.94%$61.86 - $67.97 $ 81.3224%3300600
Steve Mandel 2013-03-31 Add 27.4%0.62%$61.86 - $67.97 $ 81.3224%8299637
John Burbank 2013-03-31 Add 91.13%0.57%$61.86 - $67.97 $ 81.3224%466173
Jean-Marie Eveillard 2013-03-31 New Buy0.31%$61.86 - $67.97 $ 81.3224%1381602
Joel Greenblatt 2013-03-31 Add 691.27%0.15%$61.86 - $67.97 $ 81.3224%48655
George Soros 2013-03-31 New Buy0.14%$61.86 - $67.97 $ 81.3224%177860
Ruane Cunniff 2013-03-31 New Buy0.13%$61.86 - $67.97 $ 81.3224%300782
Ray Dalio 2013-03-31 Reduce -39.38%0.07%$61.86 - $67.97 $ 81.3224%185165
John Keeley 2013-03-31 Add 27.39%$61.86 - $67.97 $ 81.3224%4665
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Guru Investment Theses on Qualcomm, Inc.

Bill Nygren Comments on Qualcomm - Oct 08, 2013

Qualcomm Inc. (QCOM - $67)(QCOM)
Qualcomm is the global leader in wireless technology licensing and mobile device chipsets. Qualcomm has dominant market share in both businesses, and it uses the strong recurring cash flow from its licensing business to reinvest in its chipset business. The company owns intellectual property that defines many of the standards used for 3G and 4G wireless communication, which allows it to collect royalties from handset providers that license these ubiquitous standards. Qualcomm’s licensing business accounts for only a third of the company’s revenue, and it is often underappreciated. However, its licensing business has unusually high profitability and represents close to two-thirds of Qualcomm’s profits. The majority of the world’s mobile handset users are still using older 2G technology, which is not a focus area for Qualcomm, so when these customers upgrade to 3G and 4G, Qualcomm should be well positioned to enjoy robust incremental revenue. The company is also the leading provider of chipsets, which function as the brains for wireless devices. Qualcomm’s industry-leading product breadth and peer-leading R&D investment should drive the company’s chipset growth. We expect Qualcomm to earn over $4.50 per share in a couple of years, and after adjusting for $20/share of cash, this high-quality business is priced at a forward P/E of just 11x.

From Bill Nygren's Oakmark Fund third quarter 2013 commentary.
Check out Bill Nygren latest stock trades

David Rolfe of Wedgewood Partners Comments on Qualcomm - Jul 19, 2013

Qualcomm (QCOM) was one of our poorest performers during the quarter, declining nearly 9%. In fact the shares in this long held position (at approximately $60), are little changed since reaching t hat level in February 2011. Qualcomm is the leading arms merchant across the entire spectrum of mobile telecommunications and mobile computing. The Snapdragon processor has found its way into 780 devices at more than 85 carriers. The Company reports that the chip is currently being designed into more than 550 future smartphone designs – from low end to high end.

However, their lucrative competitive position is under attack on quite a few fronts. At the high end, concerns over global smartphone saturation has dampened growth expectations. At the ultra competitive low end of the smartphone market (more akin to richer features in more traditional cell phones) where integrated semiconductor chips can sell for as little as $10, the Company has a more difficult time differentiating their chips from other suppliers – most notably Asian supplies.

While the Company maintains a healthy +30% market share in the low end, Mr. Market, in our view, is convinced that a collapse in the Company's average selling price of their chips and chipsets is imminent. The Company has long raged such battles. Over the past ten years, the range of smartphone average selling prices (ASP) has remained relatively steady between $190 and $220. Over the past few ye ars, the Company's royalty rates have been based on smartphone ASP of approximately +$210. We expect a sentiment change on ASP pricing as Apple (a key Qualcomm base band chip client) rolls out a refreshed iPhone lineup later this year. Indeed, while the iPhone 4 and iPhone 4S still sell briskly in the millions of units, these two smartphones are positively geriatric at 21 and 36 months old, respectively. That said, a prospective drop of 10% in ASPs to $195 over the next few years a foregone conclusion as the Company has said as much the question is whether or not volume will pick up, in proportion, to offset the ASP decline.

Qualcomm's licensing revenue is typically a function of device ASPs and volume. We view ASPs as a double edged sword and as a result, over the long er term, should exhibit a flat to slightly declining trajectory. As the value proposition of smartphones become more attractive due to lower prices (compared to smartphone prices just a few years ago), we expect low priced feature phone subscribers will ultimately trade up to low end smartphones with higher ASP's, relative to their feature phone predecessors. In addition, given the highly commoditized nature of low end smartphones, we expect volume will closely offset, if not outpace average selling price declines. On the "high end," we think spectrum innovation from Qualcomm and telecom operators will drive a continued desire by consumers to upgrade devices in order to take advantage of faster, more efficient networks.

In addition, fears of a rejuvenated Intel making inroads in the mobile processor space with their next generation Atom based mobile processors are also weighing on the shares. Lastly, concerns over declining royalty rates at the profitable patent licensing division are quite real down the road. As the smartphone market migrates from 3G/4G, then on to LTE only devices, royalty rates will no doubt decline. Even with declining LTE royalty rates, the Company still possesses best in class IP in apps processing, WiFi integration, power efficiency and smartphone carrier roadmaps to propel robust unit growth. The Company has over 300 devices approved, based on their LTE chips, and over 400 design wins on future LTE devices. Further, the industry research firms of Gartner and Strategy Analytics expect cumulative smartphone unit sales of approximately 5 billion from 2012 to 2016.

In summary, Qualcomm's competitive edge is its unrivaled patent portfolio of 3G and 4G air interface technologies. Around two thirds of the Company's consolidated operating profits are generated by licensing this technology to electronics manufacturers, most notably feature phones and smartphone OEMs, which seek to include cellular equipment in their devices. At $60 per share, the market implied growth rate of the company (revenues) is less than 10%, as well as assuming a 300 400 basis point decline in operating margins. Given that Qualcomm is our 5th largest holding, we certainly believe that the market is over discounting the concerns chronicled above.

From Wedgewood Partners second quarter 2013 investor letter.

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Wedgewood Partners Comments on Qualcomm - Aug 31, 2012

Qualcomm (QCOM) also detracted from performance during the quarter, particularly after the company disclosed that one of its suppliers of silicon wafers, specifically at the 28 nanometer process node, was struggling to keep up with demand and would serve to limit revenue growth for the fiscal year ending September 2012. Qualcomm mentioned that it has committed additional expenses towards supply procurement and expects the supply shortage to ease by the December quarter. With one of the largest net cash balances in Corporate America and ample free cash flow generation, the company has enough resource to aggressively address this problem. We added to the Qualcomm position during the quarter, as the stock was trading at the lower-end of its historical valuation range.

From Tony Guerrerio's second quarter letter.

Check out David Rolfe latest stock trades

Top Ranked Articles about Qualcomm, Inc.

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Scott Black’s Barron’s Roundtable Stock Picks Report Card
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Guru Investors Divide Over Apple in Q3
Apple was a boon to many portfolios over its rally from 2009 through Sept. 2012, when the stock climbed from under $100 to peak at over $700 per share. This year, as it fell to an average of $464 in the third quarter, competition increased and the question of innovation after the loss of its luminary Steve Jobs continued, noted investors voiced varying opinions about the company’s valuation and prospects, and bought and sold shares accordingly. Read more...
Bill Nygren Trounces Market, Buys 2 New Stocks
Bill Nygren’s conservative Oakmark Fund isn’t used to as dramatic outperformance during periods of market gains as it experienced this year. The fund gained 27% through the first nine months of 2013, compared to 19% for the S&P 500, led by strong showings in the financials and information technology sectors. “We still find these two sectors to be attractively valued, and they currently represent a combined 47% of our portfolio,” Nygren commented in his third quarter letter to shareholders. Read more...
Bill Nygren Comments on Qualcomm
Qualcomm Inc. (QCOM - $67)(QCOM) Read more...
Pennant Capital Sells in Review
The updated portfolio of value investor Alan Fournier, fund manager of Pennant Capital Management, lists 46 stocks, eight of them new. His portfolio has a total value of $5.57 billion, with a quarter-over-quarter turnover of 15%. Pennant Capital currently invests in technology with a sector weighting of 26.3%, consumer cyclical at 25.3%, healthcare at 8.9% and financial services at 6.8%. Read more...
Sands Capital Management Update, Sells AAPL, Cuts GOOG and Others
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A former “Tiger Cub” with a net worth of around $1.3 billion, Andreas Halvorsen is the co-founder and CEO of Viking Global Investors LP, producing an average return of 18.87% over 12 months, according to the GuruFocus Score Board of Gurus. Halvorsen’s recently updated portfolio shows 59 stocks, 21 of them new, with a total value of $17.99 billion and a quarter-over-quarter turnover of 31%. The current portfolio is weighted with the healthcare sector at 22.6%, consumer cyclical at 19.5%, followed by financial services at 14.6%. Read more...
David Rolfe of Wedgewood Partners Comments on Qualcomm
Qualcomm (QCOM) was one of our poorest performers during the quarter, declining nearly 9%. In fact the shares in this long held position (at approximately $60), are little changed since reaching t hat level in February 2011. Qualcomm is the leading arms merchant across the entire spectrum of mobile telecommunications and mobile computing. The Snapdragon processor has found its way into 780 devices at more than 85 carriers. The Company reports that the chip is currently being designed into more than 550 future smartphone designs – from low end to high end. Read more...
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Ratios

vs
industry
vs
history
P/E(ttm) 20.80
QCOM's P/E(ttm) is ranked higher than
67% of the 433 Companies
in the Global Communication Equipment industry.

( Industry Median: 22.80 vs. QCOM: 20.80 )
QCOM' s 10-Year P/E(ttm) Range
Min: 15.79   Max: 55.15
Current: 20.8

15.79
55.15
P/B 3.70
QCOM's P/B is ranked lower than
61% of the 603 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.96 vs. QCOM: 3.70 )
QCOM' s 10-Year P/B Range
Min: 2.62   Max: 7.15
Current: 3.7

2.62
7.15
P/S 5.57
QCOM's P/S is ranked lower than
82% of the 644 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.22 vs. QCOM: 5.57 )
QCOM' s 10-Year P/S Range
Min: 4.48   Max: 14.8
Current: 5.57

4.48
14.8
PFCF 16.63
QCOM's PFCF is ranked higher than
73% of the 335 Companies
in the Global Communication Equipment industry.

( Industry Median: 21.60 vs. QCOM: 16.63 )
QCOM' s 10-Year PFCF Range
Min: 10.6   Max: 39.72
Current: 16.63

10.6
39.72
EV-to-EBIT 18.12
QCOM's EV-to-EBIT is ranked higher than
64% of the 485 Companies
in the Global Communication Equipment industry.

( Industry Median: 19.61 vs. QCOM: 18.12 )
QCOM' s 10-Year EV-to-EBIT Range
Min: 11.9   Max: 32.7
Current: 18.12

11.9
32.7
PEG 0.73
QCOM's PEG is ranked higher than
77% of the 203 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.80 vs. QCOM: 0.73 )
QCOM' s 10-Year PEG Range
Min: 0.6   Max: 7.84
Current: 0.73

0.6
7.84
Shiller P/E 30.57
QCOM's Shiller P/E is ranked higher than
56% of the 248 Companies
in the Global Communication Equipment industry.

( Industry Median: 23.91 vs. QCOM: 30.57 )
QCOM' s 10-Year Shiller P/E Range
Min: 20.36   Max: 157.73
Current: 30.57

20.36
157.73

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.70
QCOM's Dividend Yield is ranked higher than
54% of the 318 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.70 vs. QCOM: 1.70 )
QCOM' s 10-Year Dividend Yield Range
Min: 0.24   Max: 2.16
Current: 1.7

0.24
2.16
Dividend Payout 0.35
QCOM's Dividend Payout is ranked higher than
60% of the 247 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.36 vs. QCOM: 0.35 )
QCOM' s 10-Year Dividend Payout Range
Min: 0.12   Max: 0.8
Current: 0.35

0.12
0.8
Dividend growth (3y) 18.60
QCOM's Dividend growth (3y) is ranked higher than
87% of the 119 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.60 vs. QCOM: 18.60 )
QCOM' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 70.3
Current: 18.6

0
70.3
Yield on cost (5-Year) 3.91
QCOM's Yield on cost (5-Year) is ranked higher than
78% of the 326 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.73 vs. QCOM: 3.91 )
QCOM' s 10-Year Yield on cost (5-Year) Range
Min: 0.55   Max: 4.96
Current: 3.91

0.55
4.96
Share Buyback Rate -1.90
QCOM's Share Buyback Rate is ranked higher than
68% of the 427 Companies
in the Global Communication Equipment industry.

( Industry Median: -0.90 vs. QCOM: -1.90 )
QCOM' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -11.2
Current: -1.9

Valuation & Return

vs
industry
vs
history
Price/Net Cash 17.09
QCOM's Price/Net Cash is ranked lower than
64% of the 167 Companies
in the Global Communication Equipment industry.

( Industry Median: 11.00 vs. QCOM: 17.09 )
QCOM' s 10-Year Price/Net Cash Range
Min: 8.01   Max: 1258.04
Current: 17.09

8.01
1258.04
Price/Net Current Asset Value 14.37
QCOM's Price/Net Current Asset Value is ranked lower than
71% of the 284 Companies
in the Global Communication Equipment industry.

( Industry Median: 8.70 vs. QCOM: 14.37 )
QCOM' s 10-Year Price/Net Current Asset Value Range
Min: 3.16   Max: 154.8
Current: 14.37

3.16
154.8
Price/Tangible Book 4.52
QCOM's Price/Tangible Book is ranked lower than
64% of the 548 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.40 vs. QCOM: 4.52 )
QCOM' s 10-Year Price/Tangible Book Range
Min: 0.43   Max: 31.45
Current: 4.52

0.43
31.45
Price/DCF (Projected) 1.33
QCOM's Price/DCF (Projected) is ranked higher than
65% of the 306 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.30 vs. QCOM: 1.33 )
QCOM' s 10-Year Price/DCF (Projected) Range
Min: 0.84   Max: 337.84
Current: 1.33

0.84
337.84
Price/Median PS Value 0.77
QCOM's Price/Median PS Value is ranked higher than
87% of the 596 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. QCOM: 0.77 )
QCOM' s 10-Year Price/Median PS Value Range
Min: 0.02   Max: 4.19
Current: 0.77

0.02
4.19
Price/Peter Lynch Fair Value 0.89
QCOM's Price/Peter Lynch Fair Value is ranked higher than
71% of the 82 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.20 vs. QCOM: 0.89 )
QCOM' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.65   Max: 34.95
Current: 0.89

0.65
34.95
Price/Graham Number 2.08
QCOM's Price/Graham Number is ranked higher than
50% of the 400 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.70 vs. QCOM: 2.08 )
QCOM' s 10-Year Price/Graham Number Range
Min: 0.27   Max: 23.22
Current: 2.08

0.27
23.22
Earnings Yield (Greenblatt) 5.50
QCOM's Earnings Yield (Greenblatt) is ranked higher than
68% of the 534 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.70 vs. QCOM: 5.50 )
QCOM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.1   Max: 8.4
Current: 5.5

3.1
8.4
Forward Rate of Return (Yacktman) 30.49
QCOM's Forward Rate of Return (Yacktman) is ranked higher than
94% of the 421 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.28 vs. QCOM: 30.49 )
QCOM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.2   Max: 43.5
Current: 30.49

-2.2
43.5

Business Description

Industry: Communication Equipment » Communication Equipment
Compare:PTFRY, CSCO, ERIC, NOK, JNPR » details
Traded in other countries:QCI.Germany
Qualcomm Incorporated (Qualcomm) in the state of Delaware, develops designs, manufactures and markets digital wireless telecommunications products and services. The Company is a developer and supplier of Code Division Multiple Access (CDMA)-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products to wireless device and infrastructure manufacturers. It also manufactures and sells products based upon Orthogonal Frequency Division Multiplexing Access (OFDMA) technology. The Company sells equipment, software and services to transportation and other companies to wireless connect its assets and workforce. The Company provides software products and services for content enablement across different platforms and devices for the wireless industry. The Company provides services to wireless operators to delivery multimedia content, including live television, in the United States. It also makes strategic investments to promote the worldwide adoption of CDMA products and services for wireless voice and internet data communications. It conducts business mainly through four reportable segments. These segments are: Qualcomm CDMA Technologies, or QCT; Qualcomm Technology Licensing, or QTL; Qualcomm Wireless & Internet, or QWI; and Qualcomm Strategic Initiatives, or QSI. QCT is a developer and supplier of CDMA-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products. The integrated circuits for wireless devices include the Mobile Station Modem (MSM), Radio Frequency (RF) and Power Management (PM) devices. QTL grants licenses to use portions of its intellectual property portfolio, which includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products, including, without limitation, products implementing cdmaOne, CDMA2000, WCDMA, CDMA TDD (including TD-SCDMA), GSM/GPRS/EDGE and/or OFDMA standards and its derivatives. QWI, which includes Qualcomm Enterprise Services (QES), Qualcomm Internet Services (QIS), Qualcomm Government Technologies (QGOV) and Firethorn, generates revenues primarily through mobile information products and services, software and software development aimed at support and delivery of wireless applications. QSI manages the Company's strategic investment activities, including FLO TV Incorporated (FLO TV), formerly MediaFLO USA, Inc., its wholly-owned wireless multimedia operator subsidiary. It faces indirect competition to its FLO TV products and services from wireless delivery of streaming and downloadable video content via wireless operators, OEMs and other providers of mobile video content, as well as from internet video content accessed through the mobile web browser.

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Cgrain@google
ReplyCgrain@google - 3 months ago
Excellent Fundamentals,and Robust financial numbers.

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