MCD vs QCOM: Which Is the Better Buy?
Side-by-side comparison of McDonald's Corporation and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
McDonald's Corporation · Consumer Cyclical
$305.68
+4.7% upside to fair value
Med Conviction
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%).
MCD trades at a lower forward P/E
(24.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MCD |
QCOM |
| Current Price |
$305.68 |
$134.47 |
| Fair Value Estimate |
$320.00 |
$239.00 |
| Upside to Fair Value |
+4.7%
|
+77.7%
|
| Market Cap |
$218.1B |
$143.6B |
| Forward P/E |
24.5x
|
26.8x
|
| EV / EBITDA |
18.6x
|
—
|
| Price / Sales |
8.1x
|
3.2x
|
| Price / FCF |
30.3x
|
11.1x
|
| Revenue Growth YoY |
+3.7%
|
+8.7%
|
| Gross Margin |
57.4%
|
55.1%
|
| Operating Margin |
46.1%
|
27.1%
|
| Return on Equity |
—
|
21.6%
|
| Dividend Yield |
2.4% |
— |
| FCF Yield |
3.3%
|
9.0%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
McDonald's operates the world's largest quick-service restaurant franchise with over 40,000 locations across 100+ countries, generating $26.9B in FY2025 revenue with roughly 60% from franchised operations. The asset-light franchise model produces 46% operating margins and $7.2B in annual free cash flow. Revenue growth reaccelerated modestly to 3.7% in FY2025 from 1.7% in FY2024, driven by the Int…
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 |
MCD |
QCOM |
| Zone Low |
$240.00 |
$179.00 |
| Zone High |
$272.00 |
$203.00 |
| In Buy Zone? |
No
|
Yes
|