0.13%
11.92%
5.63%
-4.98%
15.77%
-2.18%
101.54%

Company Description

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.


The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA,LTE and/or OFDMA-based 5G standards and their derivatives.The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications.It also provides development, and other services and related products to the United States government agencies and their contractors.


QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.

Market Data

Last Price 171.93
Change Percentage 0.13%
Open 172.34
Previous Close 171.71
Market Cap ( Millions) 190050
Volume 5878588
Year High 230.63
Year Low 139.26
M A 50 160.41
M A 200 175.39

Financial Ratios

FCF Yield 5.87%
Dividend Yield 1.95%
ROE 41.20%
Debt / Equity 55.70%
Net Debt / EBIDTA 56.46%
Price To Book 7.3
Price Earnings Ratio 18.9
Price To FCF 17.03
Price To sales 4.88
EV / EBITDA 16.38

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Qualcomm CDMA Technologies

Expected Growth : 6.5 %

What the company do ?

Qualcomm CDMA Technologies is a subsidiary of QUALCOMM Incorporated that develops and commercializes CDMA (Code Division Multiple Access) technology for wireless communication systems.

Why we expect these perspectives ?

Qualcomm CDMA Technologies' 6.5% growth driven by increasing demand for 5G-enabled devices, expansion in IoT and automotive markets, and growing adoption of Qualcomm's RF front-end solutions. Additionally, the company's leadership in 5G technology and its strong relationships with OEMs contribute to its growth momentum.

Segment nΒ°2 -> Qualcomm Technology Licensing

Expected Growth : 6.0 %

What the company do ?

Qualcomm Technology Licensing is a subsidiary of QUALCOMM Incorporated that licenses wireless technology and intellectual property to other companies.

Why we expect these perspectives ?

Qualcomm Technology Licensing's 6.0% growth driven by increasing demand for 5G technology, expansion into new markets such as IoT and automotive, and growth in royalty revenues from existing license agreements. Additionally, the segment benefits from Qualcomm's strong intellectual property portfolio and its ability to negotiate favorable licensing terms.

Segment nΒ°3 -> Reconciling Items

Expected Growth : 5.5 %

What the company do ?

Reconciling items from QUALCOMM Incorporated refer to the differences between the company's reported financial results and the expected results, requiring adjustments to reconcile the two.

Why we expect these perspectives ?

Qualcomm's 5.5% growth driven by increasing demand for 5G-enabled devices, expansion in Internet of Things (IoT) and Automotive segments, and growing adoption of Qualcomm's RF Front End solutions. Additionally, the company's diversification into new markets, such as Edge Computing and Artificial Intelligence, contributes to its growth momentum.

Segment nΒ°4 -> Qualcomm Strategic Initiatives

Expected Growth : 7.5 %

What the company do ?

Qualcomm Strategic Initiatives is a venture investment arm of QUALCOMM Incorporated, focusing on strategic investments in early-stage companies, driving innovation and growth.

Why we expect these perspectives ?

Qualcomm's strategic initiatives drive 7.5% growth, fueled by increasing demand for 5G-enabled devices, expansion into IoT, automotive, and edge computing markets, and growth in RF front-end and Snapdragon platforms. Additionally, Qualcomm's investments in 5G research and development, as well as its strong patent portfolio, contribute to its growth momentum.

Qualcomm Incorporated Products

Product Range What is it ?
Modem-RF Systems Modem-RF Systems are a key component of Qualcomm's product portfolio, providing high-speed data connectivity and wireless communication capabilities to devices.
Autonomous Driving Solutions Qualcomm's Autonomous Driving Solutions provide a comprehensive platform for autonomous vehicles, including computer vision, sensor processing, and machine learning capabilities.
RF Front-End (RFFE) Solutions Qualcomm's RFFE Solutions provide a range of components and modules for wireless communication systems, including power amplifiers, filters, and switches.
Snapdragon Processors Qualcomm's Snapdragon Processors are a family of mobile processors that provide high-performance computing, graphics, and AI capabilities for mobile devices.
5G Modem and Envelope Tracker Qualcomm's 5G Modem and Envelope Tracker provide a comprehensive 5G solution for devices, including modems, transceivers, and power management.
Wi-Fi and Bluetooth Solutions Qualcomm's Wi-Fi and Bluetooth Solutions provide a range of wireless connectivity solutions for devices, including Wi-Fi, Bluetooth, and Wi-Fi/Bluetooth combos.
Audio and Voice Solutions Qualcomm's Audio and Voice Solutions provide advanced audio and voice processing capabilities for devices, including noise cancellation and voice recognition.
Computer Vision and AI Solutions Qualcomm's Computer Vision and AI Solutions provide advanced computer vision and AI capabilities for devices, including object detection, facial recognition, and more.

QUALCOMM Incorporated's Porter Forces

QUALCOMM Incorporated has a moderate threat of substitutes due to the presence of alternative technologies and products in the market. However, the company's strong brand reputation and patented technologies reduce the likelihood of substitutes.

QUALCOMM Incorporated has a low bargaining power of customers due to its strong market position and limited customer concentration. The company's products are widely used in the industry, making it difficult for customers to negotiate prices.

QUALCOMM Incorporated has a moderate bargaining power of suppliers due to the presence of multiple suppliers in the market. However, the company's large scale of operations and strong relationships with suppliers reduce the bargaining power of suppliers.

QUALCOMM Incorporated has a low threat of new entrants due to the high barriers to entry in the industry. The company's strong patent portfolio, high research and development expenses, and established brand reputation make it difficult for new entrants to compete.

QUALCOMM Incorporated operates in a highly competitive industry with intense rivalry among existing players. The company faces competition from established players and new entrants, which increases the intensity of rivalry.

Capital Structure

Value
Debt Weight 41.64%
Debt Cost 4.57%
Equity Weight 58.36%
Equity Cost 10.56%
WACC 8.07%
Leverage 71.35%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
KLAC KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through four segments: Semiconductor Process Control; Specialty …
LRCX Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten …
TXN Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to …
AMAT Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent …
AVGO Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
171.93$
Current Price
171.93$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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