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QualcommQCOM +1.23%92 EV-to-OCF is 13.34 as of Jul. 22, 2026, which is 12% below its 10-year median of 15.10. GuruFocus rates QCOM with a GF Score™ of 92/100 and a GF Value™ of $174.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,029 Semiconductors companies, Qualcomm ranks better than 51.9% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Qualcomm's Enterprise Value is $190,585 Mil.
Qualcomm's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $14,285 Mil. Therefore, Qualcomm's EV-to-OCF for today is 13.34.
The historical rank and industry rank for Qualcomm's EV-to-OCF or its related term are showing as below:
QCOM'
s EV-to-OCF Range Over the Past 10 Years
Min: 9.33 Med: 15.1 Max: 41.27
Current: 13.34
During the past 13 years, the highest EV-to-OCF of Qualcomm was 41.27. The lowest was 9.33. And the median was 15.10.
QCOM's EV-to-OCF is ranked better than 51.9% of 1029
companies
in the Semiconductors industry
Industry Median: 14.52
vs QCOM: 13.34
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Qualcomm's share price for today is $175.63.
Qualcomm's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.200.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Qualcomm EV-to-OCF Related Terms
Qualcomm EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Qualcomm's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, Qualcomm's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Qualcomm EV-to-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Qualcomm's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Qualcomm's EV-to-OCF falls into.
Qualcomm's current Enterprise Value is $190,585 Mil.
Qualcomm's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14,285 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Qualcomm (QCOM) has a EV-to-OCF of 13.34 as of Jul. 22, 2026. This is 12% below median its historical median of 15.10. Over the past decade, Qualcomm's EV-to-OCF has ranged from 9.33 to 41.27. According to the industry distribution chart, Qualcomm ranks #495 out of 1029 companies in the Semiconductors industry, placing it in the top 48.1%.
Is Qualcomm's EV-to-OCF too high?
Qualcomm's current EV-to-OCF of 13.34 is 12% below median its 10-year median of 15.10. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 41.27. The Semiconductors industry median EV-to-OCF is 14.52. Qualcomm's value of 13.34 is 8.1% below this industry median. Based on the distribution chart, Qualcomm ranks #495 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Qualcomm has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's EV-to-OCF compare to ADI and MRVL?
According to the Semiconductors industry distribution chart, Qualcomm ranks #495 out of 1029 companies for EV-to-OCF. This puts Qualcomm in the upper half of its industry. The industry median EV-to-OCF is 14.52. Qualcomm's value of 13.34 is 8.1% below this benchmark. Historically, Qualcomm's own EV-to-OCF has ranged from 9.33 to 41.27 over the past decade. While the company's 10-year median is 15.10 vs. the industry median of 14.52, Qualcomm has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 14.52, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qualcomm's current EV-to-OCF of 13.34 is 8.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualcomm's current EV-to-OCF is 13.34, which is 12% below median its own 10-year median of 15.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualcomm stock overvalued right now?
Based on GuruFocus' analysis, Qualcomm (QCOM) is currently considered Fairly Valued. The stock's GF Value™ is $174.54, compared to a current price of $175.63 — trading 0.6% above its estimated fair value. The current EV-to-OCF is 13.34, which is 12% below median its 10-year median of 15.10 and 8.1% below the Semiconductors industry median of 14.52. Qualcomm's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Qualcomm (QCOM), the current EV-to-OCF is 13.34 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Qualcomm (QCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Qualcomm stock appears to be overvalued.
The current stock price of $175.63 is trading 0.6% above its estimated GF Value™ of $174.54.
GuruFocus considers Qualcomm to be Fairly Valued.
Key valuation signals for QCOM:
EV-to-OCF: 13.34 (12% below median its 10-year median of 15.10)
GF Value™: $174.54 vs. price of $175.63 (0.6% above fair value)
Industry Position: 8.1% below the Semiconductors median (#495 of 1029)
No single metric tells the full story. See the QCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
92GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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