DHR vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Danaher Corporation and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-04.
Danaher Corporation · Healthcare
$174.04
+13.2% upside to fair value
Grade B
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
QCOM trades at a lower forward P/E
(26.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DHR |
QCOM |
| Current Price |
$174.04 |
$134.47 |
| Fair Value Estimate |
$197.01 |
$239.00 |
| Upside to Fair Value |
+13.2%
|
+77.7%
|
| Market Cap |
$123.2B |
$143.6B |
| Forward P/E |
33.4x
|
26.8x
|
| EV / EBITDA |
20.3x
|
—
|
| Price / Sales |
5.0x
|
3.2x
|
| Price / FCF |
23.3x
|
11.1x
|
| Revenue Growth YoY |
+3.7%
|
+8.7%
|
| Gross Margin |
60.7%
|
55.1%
|
| Operating Margin |
21.0%
|
27.1%
|
| Return on Equity |
7.1%
|
21.6%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
4.3%
|
9.0%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Danaher Corporation is a diversified healthcare company focused on medical diagnostics, life sciences, and biotechnology, generating approximately $24 billion in revenue with a strong recurring revenue base of over 81%. The company benefits from a high gross margin of 60.7% and solid operating margin of 21%, supported by a seasoned management team with a proven capital allocation track record inc…
Qualcomm Incorporated is a leading semiconductor company specializing in wireless chipsets and IP licensing, with dominant positions in 5G modems via QCT (87% of revenue) and steady QTL royalties. The business excels through a vast patent moat, diversification into automotive and IoT, and robust growth (revenue +13% YoY to $44B in FY2025), but faces risks from Apple modem shifts and China exposur…
Accumulation Zones
| Metric |
DHR |
QCOM |
| Zone Low |
$147.76 |
$179.00 |
| Zone High |
$167.46 |
$203.00 |
| In Buy Zone? |
No
|
Yes
|