Valuation dashboard for QUALCOMM Incorporated (QCOM) with P/E 18.50, P/B 6.30, EV/EBITDA 13.6 and dividend yield 2.20%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry. Its operations are structured into three primary segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI).
What would it be worth at its usual multiples?
Versus its usual multiples: fairly priced · Current P/E 18.5× · Multiples range: $165.83 · $275.94.
At the decade median (18.9×) $166 (+2 %); at its sector median (31.5×) $276 (+70 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
QUALCOMM Incorporated reported revenue of $44.28B in the most recent fiscal year, growing at a 5-year CAGR of 13.5%. Net income reached $5.54B, with a 1.3% 5-year CAGR.
Trailing-twelve-month margins: gross margin 54.2%, operating margin 23.2%, net margin 21.0%.
At $162.08 (closing price, November 2, 2026), QCOM trades at a P/E of 18.50 and an ROE of 37.33%. Market capitalisation stands at $173.1B, placing it among large-cap names.
Balance sheet quality for QCOM: debt-to-equity ratio of 0.55, current ratio of 2.02 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 18.50 |
| Price / Book | 6.30 |
| EV / EBITDA | 13.6 |
| Dividend Yield | 2.20% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| QCOM | QUALCOMM Incorporated | $173.1B | 18.50 | 6.30 | 37.3% |
| AVGO | Broadcom Inc. | $1.5T | 41.15 | 15.91 | 43.9% |
| TXN | Texas Instruments Incorporated | $276.0B | 39.12 | 14.39 | 40.5% |
| MRVL | Marvell Technology, Inc. | $150.1B | 56.78 | 9.51 | 16.2% |
| NXPI | NXP Semiconductors N.V. | $64.8B | 20.22 | 5.61 | 29.2% |
| MTSI | MACOM Technology Solutions Holdings, Inc. | $17.0B | 71.44 | 11.01 | 17.1% |
| SMTC | Semtech Corporation | $11.4B | 81.19 | 15.25 | 25.3% |
| QRVO | Qorvo, Inc. | $10.1B | 26.49 | 2.89 | 11.4% |
Price
| Price | $162.08 (closing price, November 2, 2026) |
| Market Cap | $173.1B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 37.33% |
| Return on Invested Capital | 17.42% |
| Return on Assets | 16.14% |
| Gross Margin | 54.23% |
| Operating Margin | 23.19% |
| Net Margin | 21.01% |
Related companies: AVGO · TXN · MRVL · NXPI · MTSI · SMTC
Explore sector: Technology · Semiconductors
More sections of QCOM: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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