QUALYS INC (QLYS)
US74758T3032 - Common Stock
Overall QLYS gets a fundamental rating of 7 out of 10. We evaluated QLYS against 279 industry peers in the Software industry. QLYS gets an excellent profitability rating and is at the same time showing great financial health properties. QLYS is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make QLYS a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year QLYS was profitable.
In the past year QLYS had a positive cash flow from operations.
In the past 5 years QLYS has always been profitable.
In the past 5 years QLYS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 18.75%, QLYS belongs to the top of the industry, outperforming 96.06% of the companies in the same industry.
QLYS has a Return On Equity of 37.88%. This is amongst the best in the industry. QLYS outperforms 95.34% of its industry peers.
Looking at the Return On Invested Capital, with a value of 28.56%, QLYS belongs to the top of the industry, outperforming 98.21% of the companies in the same industry.
QLYS had an Average Return On Invested Capital over the past 3 years of 25.71%. This is significantly above the industry average of 11.54%.
The last Return On Invested Capital (28.56%) for QLYS is above the 3 year average (25.71%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.75% | ||
| ROE | 37.88% | ||
| ROIC | 28.56% |
ROA(3y)14.26%
ROA(5y)13.09%
ROE(3y)31.6%
ROE(5y)27.07%
ROIC(3y)25.71%
ROIC(5y)21.4%
1.3 Margins
Looking at the Profit Margin, with a value of 28.72%, QLYS belongs to the top of the industry, outperforming 94.27% of the companies in the same industry.
QLYS's Profit Margin has improved in the last couple of years.
QLYS's Operating Margin of 30.23% is amongst the best of the industry. QLYS outperforms 96.06% of its industry peers.
QLYS's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 81.52%, QLYS belongs to the best of the industry, outperforming 85.30% of the companies in the same industry.
In the last couple of years the Gross Margin of QLYS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.23% | ||
| PM (TTM) | 28.72% | ||
| GM | 81.52% |
OM growth 3Y3.35%
OM growth 5Y10.23%
PM growth 3Y2.71%
PM growth 5Y5.88%
GM growth 3Y1.04%
GM growth 5Y1.12%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), QLYS is creating value.
QLYS has less shares outstanding than it did 1 year ago.
QLYS has less shares outstanding than it did 5 years ago.
There is no outstanding debt for QLYS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
QLYS has an Altman-Z score of 8.24. This indicates that QLYS is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.24, QLYS is in the better half of the industry, outperforming 75.63% of the companies in the same industry.
QLYS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8.24 |
ROIC/WACC2.4
WACC11.9%
2.3 Liquidity
A Current Ratio of 1.38 indicates that QLYS should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.38, QLYS is in line with its industry, outperforming 42.65% of the companies in the same industry.
A Quick Ratio of 1.38 indicates that QLYS should not have too much problems paying its short term obligations.
QLYS has a Quick ratio of 1.38. This is comparable to the rest of the industry: QLYS outperforms 43.01% of its industry peers.
QLYS does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
QLYS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.52%, which is quite impressive.
The Earnings Per Share has been growing by 24.67% on average over the past years. This is a very strong growth
QLYS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.66%.
Measured over the past years, QLYS shows a quite strong growth in Revenue. The Revenue has been growing by 14.73% on average per year.
EPS 1Y (TTM)21.52%
EPS 3Y22.45%
EPS 5Y24.67%
EPS Q2Q%3.31%
Revenue 1Y (TTM)9.66%
Revenue growth 3Y15.17%
Revenue growth 5Y14.73%
Sales Q2Q%8.36%
3.2 Future
Based on estimates for the next years, QLYS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.96% on average per year.
The Revenue is expected to grow by 10.83% on average over the next years. This is quite good.
EPS Next Y13.57%
EPS Next 2Y8.43%
EPS Next 3Y8.38%
EPS Next 5Y11.96%
Revenue Next Year8.92%
Revenue Next 2Y8.28%
Revenue Next 3Y7.9%
Revenue Next 5Y10.83%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 25.33, QLYS can be considered very expensive at the moment.
Based on the Price/Earnings ratio, QLYS is valued a bit cheaper than 78.49% of the companies in the same industry.
When comparing the Price/Earnings ratio of QLYS to the average of the S&P500 Index (28.96), we can say QLYS is valued inline with the index average.
QLYS is valuated rather expensively with a Price/Forward Earnings ratio of 24.24.
Based on the Price/Forward Earnings ratio, QLYS is valued a bit cheaper than the industry average as 75.63% of the companies are valued more expensively.
QLYS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.33 | ||
| Fwd PE | 24.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QLYS is valued a bit cheaper than the industry average as 78.49% of the companies are valued more expensively.
QLYS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. QLYS is cheaper than 82.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.73 | ||
| EV/EBITDA | 24.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of QLYS may justify a higher PE ratio.
PEG (NY)1.87
PEG (5Y)1.03
EPS Next 2Y8.43%
EPS Next 3Y8.38%
5. Dividend
5.1 Amount
QLYS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
QUALYS INC
NASDAQ:QLYS (11/21/2024, 6:44:14 PM)
After market: 150.18 0 (0%)150.18
+3.15 (+2.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.50B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.33 | ||
| Fwd PE | 24.24 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.87
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.75% | ||
| ROE | 37.88% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 30.23% | ||
| PM (TTM) | 28.72% | ||
| GM | 81.52% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)21.52%
EPS 3Y22.45%
EPS 5Y
EPS Q2Q%
EPS Next Y13.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.66%
Revenue growth 3Y15.17%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 3Y
FCF growth 5Y
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