company background image
QLYS

Qualys NasdaqGS:QLYS Stock Report

Last Price

US$129.85

Market Cap

US$5.0b

7D

-4.9%

1Y

26.9%

Updated

03 Jul, 2022

Data

Company Financials +
QLYS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends0/6

QLYS Stock Overview

Qualys, Inc. provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally.

Qualys Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qualys
Historical stock prices
Current Share PriceUS$129.85
52 Week HighUS$150.10
52 Week LowUS$97.02
Beta0.76
1 Month Change-2.98%
3 Month Change-7.56%
1 Year Change26.93%
3 Year Change46.89%
5 Year Change213.27%
Change since IPO817.02%

Recent News & Updates

Jun 29
We Like Qualys' (NASDAQ:QLYS) Returns And Here's How They're Trending

We Like Qualys' (NASDAQ:QLYS) Returns And Here's How They're Trending

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

May 24
Here's Why I Think Qualys (NASDAQ:QLYS) Is An Interesting Stock

Here's Why I Think Qualys (NASDAQ:QLYS) Is An Interesting Stock

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

QLYSUS SoftwareUS Market
7D-4.9%-4.7%-2.5%
1Y26.9%-23.6%-21.2%

Return vs Industry: QLYS exceeded the US Software industry which returned -23.7% over the past year.

Return vs Market: QLYS exceeded the US Market which returned -21.2% over the past year.

Price Volatility

Is QLYS's price volatile compared to industry and market?
QLYS volatility
QLYS Average Weekly Movement7.1%
Software Industry Average Movement11.0%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: QLYS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: QLYS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,876Sumedh Thakarhttps://www.qualys.com

Qualys, Inc. provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security. Its integrated suite of IT, security, and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify and manage IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend and implement remediation actions, and verify the implementation of such actions.

Qualys Fundamentals Summary

How do Qualys's earnings and revenue compare to its market cap?
QLYS fundamental statistics
Market CapUS$5.04b
Earnings (TTM)US$96.14m
Revenue (TTM)US$427.84m

52.4x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QLYS income statement (TTM)
RevenueUS$427.84m
Cost of RevenueUS$91.76m
Gross ProfitUS$336.08m
Other ExpensesUS$239.93m
EarningsUS$96.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.48
Gross Margin78.55%
Net Profit Margin22.47%
Debt/Equity Ratio0%

How did QLYS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is QLYS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QLYS?

Other financial metrics that can be useful for relative valuation.

QLYS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.6x
Enterprise Value/EBITDA28.5x
PEG Ratio5.4x

Price to Earnings Ratio vs Peers

How does QLYS's PE Ratio compare to its peers?

QLYS PE Ratio vs Peers
The above table shows the PE ratio for QLYS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.3x
DLB Dolby Laboratories
33.2x23.6%US$7.1b
TDC Teradata
30.1x22.0%US$3.9b
CVLT Commvault Systems
85.4x6.6%US$2.9b
PRGS Progress Software
20.6x2.0%US$2.0b
QLYS Qualys
52.4x9.7%US$5.0b

Price-To-Earnings vs Peers: QLYS is expensive based on its Price-To-Earnings Ratio (52.4x) compared to the peer average (42.3x).


Price to Earnings Ratio vs Industry

How does QLYS's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Earnings vs Industry: QLYS is expensive based on its Price-To-Earnings Ratio (52.4x) compared to the US Software industry average (38.2x)


Price to Earnings Ratio vs Fair Ratio

What is QLYS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

QLYS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio52.4x
Fair PE Ratio30.8x

Price-To-Earnings vs Fair Ratio: QLYS is expensive based on its Price-To-Earnings Ratio (52.4x) compared to the estimated Fair Price-To-Earnings Ratio (30.8x).


Share Price vs Fair Value

What is the Fair Price of QLYS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: QLYS ($129.85) is trading below our estimate of fair value ($257.36)

Significantly Below Fair Value: QLYS is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: QLYS is poor value based on its PEG Ratio (5.4x)


Discover undervalued companies

Future Growth

How is Qualys forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QLYS's forecast earnings growth (9.7% per year) is above the savings rate (1.9%).

Earnings vs Market: QLYS's earnings (9.7% per year) are forecast to grow slower than the US market (13.6% per year).

High Growth Earnings: QLYS's earnings are forecast to grow, but not significantly.

Revenue vs Market: QLYS's revenue (14.6% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: QLYS's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QLYS's Return on Equity is forecast to be high in 3 years time (36.6%)


Discover growth companies

Past Performance

How has Qualys performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QLYS has high quality earnings.

Growing Profit Margin: QLYS's current net profit margins (22.5%) are higher than last year (19.6%).


Past Earnings Growth Analysis

Earnings Trend: QLYS's earnings have grown by 18.1% per year over the past 5 years.

Accelerating Growth: QLYS's earnings growth over the past year (31.5%) exceeds its 5-year average (18.1% per year).

Earnings vs Industry: QLYS earnings growth over the past year (31.5%) exceeded the Software industry 26.8%.


Return on Equity

High ROE: QLYS's Return on Equity (22.5%) is considered high.


Discover strong past performing companies

Financial Health

How is Qualys's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: QLYS's short term assets ($573.2M) exceed its short term liabilities ($318.5M).

Long Term Liabilities: QLYS's short term assets ($573.2M) exceed its long term liabilities ($69.4M).


Debt to Equity History and Analysis

Debt Level: QLYS is debt free.

Reducing Debt: QLYS has not had any debt for past 5 years.

Debt Coverage: QLYS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: QLYS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Qualys's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate QLYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate QLYS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if QLYS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QLYS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as QLYS has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Sumedh Thakar (46 yo)

2.75yrs

Tenure

US$9,396,665

Compensation

Mr. Sumedh S. Thakar serves as Chief Executive Officer at Qualys, Inc. since 2021 and has been its President since October 24, 2019 and serves as its Director since February 2021. He had been Interim Chief...


CEO Compensation Analysis

Compensation vs Market: Sumedh's total compensation ($USD9.40M) is about average for companies of similar size in the US market ($USD8.35M).

Compensation vs Earnings: Sumedh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: QLYS's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: QLYS's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Qualys, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Qualys, Inc.
  • Ticker: QLYS
  • Exchange: NasdaqGS
  • Founded: 1999
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: US$5.043b
  • Shares outstanding: 38.83m
  • Website: https://www.qualys.com

Number of Employees


Location

  • Qualys, Inc.
  • 919 East Hillsdale Boulevard
  • 4th Floor
  • Foster City
  • California
  • 94404
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.