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Elmos Semiconductor vs QUALCOMM: Which Stock Looks Stronger in 2026?

Structurally, Elmos Semiconductor SE and QUALCOMM are closely matched — neither holds a meaningful edge overall. QUALCOMM still leads on growth and valuation, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ELG.DE: HDAX, QCOM: Nasdaq 100).

Updated 2026-07-05

Valuation points more clearly toward QUALCOMM Incorporated, while the broader score stays level overall.

INDUSTRY COMPARISON

Both operate in: Semiconductors

This comparison is based on industry proximity, not on functional trajectory similarity. ELG.DE and QCOM share the same industry classification.

For a similarity-based comparison, see how Elmos Semiconductor SE and QUALCOMM each position within their functional peer groups in AssetNext.

Peer-Relative Score
ELG.DE
Elmos Semiconductor SE
56
Peer-Score
Signal qualityHigh
Peer basis: HDAX
vs
QCOM
QUALCOMM Incorporated
56
Peer-Score
Signal qualitylow
Peer basis: Nasdaq 100

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: ELG.DE vs QCOM Profitability 53 37 Stability 75 47 Valuation 58 87 Growth 36 46 ELG.DE QCOM
Gap Ranking
#1 Valuation +29
#2 Stability +28
#3 Profitability +16
#4 Growth +10
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ELG.DE and QCOM Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ELG.DEQCOM Relative valuation Structural strength

Elmos Semiconductor SE still looks stronger overall, though current pricing looks more supportive for QUALCOMM Incorporated.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ELG.DE and QCOM each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ELG.DE Elevated · above norm 0th 50th 100th 5 pct gap QCOM Elevated · above norm 0th 50th 100th 97th 92nd
ELG.DE (97th percentile) and QCOM (92nd percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but QUALCOMM Incorporated still holds a clear edge.
Stability
On stability, the same pattern holds: both are strong, but Elmos Semiconductor SE still leads clearly.
Valuation — Dominant Gap
ELG.DE
58
QCOM
87
Gap+29in favour of QCOM

The main spread comes from a meaningfully cheaper peer-relative valuation.

What keeps the gap from being one-sided

Earnings growth also leans toward QCOM, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

Valuation is the clearest driver of the lead, with stability adding further support — though growth still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the ELG.DE vs QCOM comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ELG.DE and QCOM each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.