Qualys
Qualys, Inc. provides cloud-based security and compliance solutions in the United States and internationally. The last earnings update was 26 days ago. More info.
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QLYS Share Price and Events
7 Day Returns
1 Year Returns
QLYS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Qualys (QLYS) | -2.9% | -2.2% | 21.5% | 9.9% | 234.7% | 224.7% |
| US Software | 0.2% | 3.6% | 25.2% | 31.2% | 108.9% | 137.5% |
| US Market | -1.1% | 0.3% | 17.2% | 6.4% | 37.9% | 42.1% |
1 Year Return vs Industry and Market
- QLYS underperformed the Software industry which returned 31.2% over the past year.
- QLYS outperformed the Market in United States of America which returned 6.4% over the past year.
Value
Is Qualys undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Qualys
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Qualys.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 15 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.2% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Software Unlevered Beta | Simply Wall St/ S&P Global | 1.14 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.14 (1 + (1- 21%) (0.05%)) |
1.094 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.09 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.094 * 5.96%) |
9.25% |
Discounted Cash Flow Calculation for NasdaqGS:QLYS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Qualys is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.25%) |
|
|---|---|---|---|
| 2019 | 111.39 | Analyst x8 | 101.96 |
| 2020 | 131.94 | Analyst x10 | 110.54 |
| 2021 | 161.00 | Analyst x1 | 123.47 |
| 2022 | 182.84 | Est @ 13.57% | 128.35 |
| 2023 | 201.71 | Est @ 10.32% | 129.61 |
| 2024 | 217.93 | Est @ 8.04% | 128.17 |
| 2025 | 231.98 | Est @ 6.45% | 124.89 |
| 2026 | 244.35 | Est @ 5.33% | 120.41 |
| 2027 | 255.47 | Est @ 4.55% | 115.23 |
| 2028 | 265.70 | Est @ 4.01% | 109.70 |
| Present value of next 10 years cash flows | $1,192.33 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $265.70 × (1 + 2.73%) ÷ (9.25% – 2.73%) |
$4,186.83 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $4,186.83 ÷ (1 + 9.25%)10 |
$1,728.61 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $1,192.33 + $1,728.61 |
$2,920.94 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $2,920.94 / 39.38 |
$74.17 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $74.17 |
| Current discount | Discount to share price of
$82.57
= -1 x ($82.57 - $74.17) / $74.17 |
-11.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Qualys is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Qualys's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Qualys's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $1.47 |
| NasdaqGS:QLYS Share Price ** | NasdaqGS (2019-03-22) in USD | $82.57 |
| United States of America Software Industry PE Ratio | Median Figure of 84 Publicly-Listed Software Companies | 52.08x |
| United States of America Market PE Ratio | Median Figure of 3,062 Publicly-Listed Companies | 17.16x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Qualys.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:QLYS Share Price ÷ EPS (both in USD) = 82.57 ÷ 1.47 |
56.02x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Qualys is overvalued based on earnings compared to the US Software industry average.
- Qualys is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Qualys's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 56.02x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts |
-1.3%per year |
| United States of America Software Industry PEG Ratio | Median Figure of 66 Publicly-Listed Software Companies | 3.32x |
| United States of America Market PEG Ratio | Median Figure of 2,105 Publicly-Listed Companies | 1.44x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 56.02x ÷ -1.3% |
-44.45x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Qualys earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Qualys's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $9.18 |
| NasdaqGS:QLYS Share Price * | NasdaqGS (2019-03-22) in USD | $82.57 |
| United States of America Software Industry PB Ratio | Median Figure of 220 Publicly-Listed Software Companies | 5.62x |
| United States of America Market PB Ratio | Median Figure of 5,165 Publicly-Listed Companies | 1.85x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:QLYS Share Price ÷ Book Value per Share (both in USD) = 82.57 ÷ 9.18 |
9x |
* Primary Listing of Qualys.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Qualys is overvalued based on assets compared to the US Software industry average.
Value checks
We assess Qualys's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) Qualys has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Qualys expected to perform in the next 1 to 3 years based on estimates from 15 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Qualys's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
- Qualys's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
- Qualys's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:QLYS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts | -1.3% |
| NasdaqGS:QLYS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts | 13.4% |
| United States of America Software Industry Earnings Growth Rate | Market Cap Weighted Average | 16% |
| United States of America Software Industry Revenue Growth Rate | Market Cap Weighted Average | 10.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.2% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 496 | 1 | ||
| 2021-12-31 | 436 | 197 | 3 | |
| 2020-12-31 | 375 | 163 | 56 | 15 |
| 2019-12-31 | 322 | 140 | 44 | 14 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 279 | 125 | 57 |
| 2018-09-30 | 268 | 125 | 46 |
| 2018-06-30 | 255 | 126 | 31 |
| 2018-03-31 | 243 | 118 | 28 |
| 2017-12-31 | 231 | 108 | 40 |
| 2017-09-30 | 220 | 95 | 43 |
| 2017-06-30 | 212 | 83 | 40 |
| 2017-03-31 | 205 | 83 | 36 |
| 2016-12-31 | 198 | 69 | 19 |
| 2016-09-30 | 190 | 79 | 19 |
| 2016-06-30 | 182 | 75 | 18 |
| 2016-03-31 | 173 | 73 | 18 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
All data from Qualys Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | ||||
| 2021-12-31 | ||||
| 2020-12-31 | 1.20 | 1.31 | 1.06 | 3.00 |
| 2019-12-31 | 0.94 | 0.96 | 0.90 | 3.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 1.47 |
| 2018-09-30 | 1.18 |
| 2018-06-30 | 0.80 |
| 2018-03-31 | 0.73 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 1.18 |
| 2017-06-30 | 1.10 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 0.55 |
| 2016-09-30 | 0.54 |
| 2016-06-30 | 0.52 |
| 2016-03-31 | 0.52 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Qualys's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Qualys has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Qualys performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Qualys has delivered over 20% year on year earnings growth in the past 5 years.
- Qualys's 1-year earnings growth exceeds its 5-year average (41.7% vs 29%)
- Qualys's earnings growth has exceeded the US Software industry average in the past year (41.7% vs 32.7%).
Earnings and Revenue History
All data from Qualys Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 278.89 | 57.30 | 109.09 | 53.26 |
| 2018-09-30 | 267.60 | 45.76 | 105.83 | 49.76 |
| 2018-06-30 | 255.44 | 30.74 | 106.24 | 48.15 |
| 2018-03-31 | 242.59 | 27.65 | 103.86 | 45.55 |
| 2017-12-31 | 230.83 | 40.44 | 99.19 | 42.82 |
| 2017-09-30 | 220.14 | 43.49 | 93.59 | 40.48 |
| 2017-06-30 | 211.63 | 40.04 | 91.07 | 39.34 |
| 2017-03-31 | 204.80 | 36.37 | 89.74 | 38.31 |
| 2016-12-31 | 197.93 | 19.22 | 88.10 | 36.59 |
| 2016-09-30 | 190.15 | 18.74 | 85.99 | 34.89 |
| 2016-06-30 | 181.63 | 17.87 | 82.76 | 32.69 |
| 2016-03-31 | 173.04 | 17.65 | 79.67 | 30.41 |
| 2015-12-31 | 164.28 | 15.87 | 74.71 | 30.44 |
| 2015-09-30 | 156.41 | 36.35 | 73.75 | 28.93 |
| 2015-06-30 | 148.29 | 35.34 | 71.42 | 27.86 |
| 2015-03-31 | 140.72 | 33.68 | 69.14 | 27.07 |
| 2014-12-31 | 133.58 | 30.24 | 69.05 | 26.32 |
| 2014-09-30 | 126.05 | 4.29 | 67.57 | 25.24 |
| 2014-06-30 | 119.45 | 2.50 | 65.33 | 23.91 |
| 2014-03-31 | 113.44 | 1.71 | 62.62 | 22.79 |
| 2013-12-31 | 107.96 | 1.54 | 59.32 | 21.68 |
| 2013-09-30 | 103.58 | 2.39 | 56.14 | 20.61 |
| 2013-06-30 | 99.21 | 1.91 | 53.41 | 20.53 |
| 2013-03-31 | 95.11 | 0.76 | 51.82 | 20.39 |
| 2012-12-31 | 91.42 | 1.05 | 49.82 | 20.20 |
| 2012-09-30 | 87.42 | 0.12 | 48.26 | 20.28 |
| 2012-06-30 | 83.41 | -0.60 | 46.54 | 20.12 |
| 2012-03-31 | 79.71 | -0.08 | 43.27 | 19.97 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Qualys has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Qualys used its assets more efficiently than the US Software industry average last year based on Return on Assets.
- Qualys has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Qualys's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Qualys has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Qualys's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Qualys's finances.
The net worth of a company is the difference between its assets and liabilities.
- Qualys is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Qualys's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 242.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Qualys Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 357.99 | 1.57 | 289.17 |
| 2018-09-30 | 374.14 | 0.00 | 326.51 |
| 2018-06-30 | 365.24 | 0.00 | 322.52 |
| 2018-03-31 | 366.32 | 0.00 | 328.53 |
| 2017-12-31 | 343.54 | 0.00 | 288.41 |
| 2017-09-30 | 327.64 | 0.00 | 302.73 |
| 2017-06-30 | 306.06 | 0.00 | 278.86 |
| 2017-03-31 | 284.47 | 0.00 | 244.78 |
| 2016-12-31 | 258.41 | 0.00 | 243.86 |
| 2016-09-30 | 241.39 | 0.00 | 209.98 |
| 2016-06-30 | 227.44 | 0.00 | 214.38 |
| 2016-03-31 | 210.50 | 0.00 | 205.71 |
| 2015-12-31 | 195.57 | 0.00 | 178.97 |
| 2015-09-30 | 181.90 | 0.00 | 174.15 |
| 2015-06-30 | 172.17 | 0.00 | 158.11 |
| 2015-03-31 | 162.27 | 0.00 | 142.95 |
| 2014-12-31 | 151.83 | 0.00 | 127.22 |
| 2014-09-30 | 119.69 | 0.00 | 113.42 |
| 2014-06-30 | 112.12 | 0.27 | 109.35 |
| 2014-03-31 | 106.13 | 0.54 | 105.61 |
| 2013-12-31 | 103.12 | 0.81 | 97.20 |
| 2013-09-30 | 100.50 | 1.07 | 100.87 |
| 2013-06-30 | 96.24 | 1.34 | 106.38 |
| 2013-03-31 | 92.74 | 1.66 | 92.65 |
| 2012-12-31 | 91.56 | 1.99 | 118.43 |
| 2012-09-30 | 4.87 | 2.63 | 25.80 |
| 2012-06-30 | 1.62 | 3.13 | 28.46 |
| 2012-03-31 | -0.43 | 3.65 | 30.65 |
- Qualys's level of debt (0.4%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (0.8% vs 0.4% today).
- Debt is well covered by operating cash flow (8016.9%, greater than 20% of total debt).
- Qualys earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Qualys's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Qualys has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Qualys's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Qualys
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Qualys's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Qualys's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 15 Analyst Estimates (S&P Global) | See Below |
| United States of America Software Industry Average Dividend Yield | Market Cap Weighted Average of 24 Stocks | 1.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2003 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.9% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | ||
| 2021-12-31 | ||
| 2020-12-31 | ||
| 2019-12-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Qualys has not reported any payouts.
- Unable to verify if Qualys's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Qualys's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Qualys afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Qualys has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $22,749,836 |
| AGE | 73 |
| TENURE AS CEO | 18 years |
CEO Bio
Mr. Philippe F. Courtot has been the Chairman and Chief Executive Officer of Qualys, Inc. since March 2001 and has been its President since May 2014. Mr. Courtot has repeatedly demonstrated his talent for transforming small, innovative companies into industry leaders. He was a Strategic Advisor at Trident Capital Cybersecurity. He served as the President at Qualys, Inc. He served as Chief Executive Officer of Signio. Prior to Signio, he served as President and Chief Executive Officer of Verity. He reengineered Verity into the leader in enterprise knowledge retrievals solutions and directed Verity 's initial public offering in 1995. He also turned an unknown company of 12 people, cc:Mail, into the dominant e-mail platform provider, achieving a 40% market share while competing directly against IBM and Microsoft and successfully sold Verity to Lotus in 1991. He serves as a Director of Qualys Inc., LSF Network, Inc. and TechAmerica Inc. He served as an Advisor of The 41st Parameter Inc. In 2002, he was elected to serve on the Board of Trustees for The Internet Society (ISOC), an international non-profit that serves as the focal point for global cooperation and coordination on the development of the Internet. He served as a Director of AirPrism Inc. He also served as the Chairman of Signio. In 1977, as Chief Executive Officer of Thomson CGR Medical, he received the Benjamin Franklin award for his role in the creation of a nationwide advertising campaign promoting the life-saving benefits of mammography. Mr. Courtot holds a Masters degree in Physics from the University of Paris.
CEO Compensation
- Philippe's compensation has increased by more than 20% in the past year.
- Philippe's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Qualys management team in years:
- The tenure for the Qualys management team is about average.
Management Team
Philippe Courtot
Chairman
$23M
73
18 yrs
Melissa Fisher
CFO & Principal Accounting Officer
$5M
45
2.9 yrs
Bruce Posey
VP, General Counsel & Corporate Secretary
$2M
66
6.8 yrs
Sumedh Thakar
Chief Product Officer
$8M
42
4.8 yrs
Nicolas Chaillan
Federal Chief Technology Officer
34
1 yrs
Natasha Asar
Head of Investor Relations
Rima Touma-Bruno
Chief Human Resource Officer
Board of Directors Tenure
Average tenure and age of the Qualys board of directors in years:
- The tenure for the Qualys board of directors is about average.
Board of Directors
Philippe Courtot
Chairman
$23M
73
18 yrs
Sandra Bergeron
Lead Independent Director
$254K
59
Peter Pace
Director
$255K
72
9.8 yrs
Jeff Hank
Director
$261K
58
9.2 yrs
Emir Arslanagic
Member of Technical Advisory Board
Becky Bace
Member of Technical Advisory Board
Arn Schaeffer
Member of Technical Advisory Board
52
David Mortman
Member of Technical Advisory Board
Matthew Pemble
Member of Technical Advisory Board
Mike Schiffman
Member of Technical Advisory Board
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16. May 18 | Sell | Peter Pace | Individual | 15. May 18 | 15. May 18 | -30,000 | $76.35 | $-2,270,368 | ||
Management checks
We assess Qualys's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Qualys has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Qualys, Inc. (NASDAQ:QLYS): How To Win In A Volatile Market
Today I want to bring to light the market's darling - Qualys, Inc.. … Looking at its size, financial health and track record, I believe there's an opportunity with Qualys during these volatile times. … provides cloud-based security and compliance solutions in the United States and internationally
Simply Wall St - – Full articleWhy Qualys, Inc. (NASDAQ:QLYS) Could Have A Place In Your Portfolio
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … is a company with great financial health as well as a.
Simply Wall St - – Full articleShareholders Are Thrilled That The Qualys Share Price Increased 238%
(NASDAQ:QLYS) share price has flown 238% in the last three years. … During three years of share price growth, Qualys achieved compound earnings per share growth of 47% per year. … We don't think it is entirely coincidental that the EPS growth is reasonably close to the 50% average annual increase in the share price.
Simply Wall St - – Full articleWhy Qualys, Inc. (NASDAQ:QLYS) Could Be Worth Watching
received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, what if the stock is still a bargain
Simply Wall St - – Full articleWhy Qualys, Inc. (NASDAQ:QLYS) Is A Financially Healthy Company
Help shape the future of investing tools and you could win a $250 gift card! … This article will examine QLYS’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Note that this commentary is very high-level and solely focused on financial health, so I suggest you dig deeper yourself.
Simply Wall St - – Full articleShould You Worry About Qualys, Inc.'s (NASDAQ:QLYS) CEO Salary Level?
Philippe Courtot has been the CEO of Qualys, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Philippe Courtot's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleIs Qualys, Inc. (NASDAQ:QLYS) Worth US$76.68 Based On Intrinsic Value?
by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Simply Wall St - – Full articleIs Qualys, Inc.'s (NASDAQ:QLYS) ROE Of 12% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleAre Insiders Selling Qualys, Inc. (NASDAQ:QLYS) Stock?
(NASDAQ:QLYS), you may well want to know whether insiders have been buying or selling. … Qualys Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider sale was by Director Peter Pace for US$2.3m worth of shares, at about US$76.35 per share.
Simply Wall St - – Full articleShould Investors Be Happy About Qualys Inc’s (NASDAQ:QLYS) Cash Levels?
Qualys generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … What remains after this expenditure, is known as its free cash flow, or FCF, for short. … There are two methods I will use to evaluate the quality of Qualys’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability
Simply Wall St - – Full articleCompany Info
Description
Qualys, Inc. provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall. Its integrated suite of security and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions, and verify the implementation of such actions. The company also provides core services, including asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications, which enable integrated workflows, management and real-time analysis, and reporting across IT security and compliance solutions. The company markets and sells its IT security and compliance solutions to customers directly through its sales teams, as well as indirectly through its network of channel partners, such as security consulting organizations, managed service providers and resellers, and consulting firms. It serves enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities. The company was founded in 1999 and is headquartered in Foster City, California.
Details
| Name: | Qualys, Inc. |
| QLYS | |
| Exchange: | NasdaqGS |
| Founded: | 1999 |
| $3,251,537,901 | |
| 39,379,168 | |
| Website: | http://www.qualys.com |
| Address: |
Qualys, Inc. 919 East Hillsdale Boulevard, 4th Floor, Foster City, California, 94404, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | QLYS | Common Stock | Nasdaq Global Select | US | USD | 28. Sep 2012 | |
| DB | 3L7A | Common Stock | Deutsche Boerse AG | DE | EUR | 28. Sep 2012 |
Number of employees
Current staff
Industry
| Systems Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/25 00:28 |
| End of day share price update: | 2019/03/22 00:00 |
| Last estimates confirmation: | 2019/03/18 |
| Last earnings filing: | 2019/02/27 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
