QUALCOMM Incorporated (QCOM) DCF Valuation
Transparent DCF models put QUALCOMM Incorporated (QCOM)'s fair value in a range of $137.16 – $150.73 — the low end is TGM's conservative base case (5% FCF growth, 10% discount), the high end the analyst consensus (FMP). Today's price of $205.42 sits above that range — by these conservative assumptions it looks richly valued; the reverse-DCF below is the better lens for a high-growth name.
Reverse DCF: at today's $205.42, the market is pricing in roughly +9.0%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +9.4%, roughly in line with its track record.
Current Price
$205.42
Fair-Value Range
$137.16 – $150.73
Market-Implied Growth
+9.0%/yr
vs +9.4% 5Y actual
QCOM DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $10.2B · 1.05B shares · net debt $7.8B
Estimated Fair Value
$150.73
-26.6% vs $205.42
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $205.42; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $189 | $199 | $211 | $225 | $243 |
| 9.0% | $161 | $168 | $176 | $186 | $196 |
| 10.0% | $140 | $145 | $151 | $157 | $164 |
| 11.0% | $124 | $127 | $131 | $136 | $141 |
| 12.0% | $110 | $113 | $116 | $119 | $123 |