QUALYS INC (QLYS) Stock Fundamental Analysis
NASDAQ:QLYS - US74758T3032 - Common Stock
135.81 USD
+0.48 (+0.35%)
135.81 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to QLYS. QLYS was compared to 281 industry peers in the Software industry. QLYS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. QLYS has a correct valuation and a medium growth rate. These ratings would make QLYS suitable for quality investing!
1. Profitability
1.1 Basic Checks
QLYS had positive earnings in the past year.
In the past year QLYS had a positive cash flow from operations.
QLYS had positive earnings in each of the past 5 years.
QLYS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of QLYS (18.51%) is better than 94.33% of its industry peers.
With an excellent Return On Equity value of 36.41%, QLYS belongs to the best of the industry, outperforming 93.97% of the companies in the same industry.
QLYS's Return On Invested Capital of 28.41% is amongst the best of the industry. QLYS outperforms 96.45% of its industry peers.
QLYS had an Average Return On Invested Capital over the past 3 years of 30.81%. This is significantly above the industry average of 11.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.51% | ||
| ROE | 36.41% | ||
| ROIC | 28.41% |
ROA(3y)17.3%
ROA(5y)14.61%
ROE(3y)38.31%
ROE(5y)30.77%
ROIC(3y)30.81%
ROIC(5y)24.74%
1.3 Margins
With an excellent Profit Margin value of 29.04%, QLYS belongs to the best of the industry, outperforming 90.78% of the companies in the same industry.
In the last couple of years the Profit Margin of QLYS has grown nicely.
Looking at the Operating Margin, with a value of 31.01%, QLYS belongs to the top of the industry, outperforming 93.62% of the companies in the same industry.
In the last couple of years the Operating Margin of QLYS has grown nicely.
QLYS has a Gross Margin of 81.84%. This is amongst the best in the industry. QLYS outperforms 87.59% of its industry peers.
QLYS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.01% | ||
| PM (TTM) | 29.04% | ||
| GM | 81.84% |
OM growth 3Y13.04%
OM growth 5Y6.51%
PM growth 3Y18.3%
PM growth 5Y5.81%
GM growth 3Y1.44%
GM growth 5Y0.82%
2. Health
2.1 Basic Checks
QLYS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for QLYS has been reduced compared to 1 year ago.
The number of shares outstanding for QLYS has been reduced compared to 5 years ago.
QLYS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 7.16 indicates that QLYS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.16, QLYS is in the better half of the industry, outperforming 78.37% of the companies in the same industry.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.16 |
ROIC/WACC2.53
WACC11.24%
2.3 Liquidity
QLYS has a Current Ratio of 1.30. This is a normal value and indicates that QLYS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.30, QLYS is in line with its industry, outperforming 41.84% of the companies in the same industry.
QLYS has a Quick Ratio of 1.30. This is a normal value and indicates that QLYS is financially healthy and should not expect problems in meeting its short term obligations.
QLYS has a Quick ratio (1.30) which is comparable to the rest of the industry.
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 | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.71% over the past year.
The Earnings Per Share has been growing by 21.24% on average over the past years. This is a very strong growth
Looking at the last year, QLYS shows a quite strong growth in Revenue. The Revenue has grown by 9.63% in the last year.
QLYS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.57% yearly.
EPS 1Y (TTM)10.71%
EPS 3Y23.81%
EPS 5Y21.24%
EPS Q2Q%10.53%
Revenue 1Y (TTM)9.63%
Revenue growth 3Y13.9%
Revenue growth 5Y13.57%
Sales Q2Q%10.32%
3.2 Future
QLYS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.33% yearly.
QLYS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.79% yearly.
EPS Next Y6.35%
EPS Next 2Y5.51%
EPS Next 3Y5.87%
EPS Next 5Y6.33%
Revenue Next Year8.93%
Revenue Next 2Y7.68%
Revenue Next 3Y7.31%
Revenue Next 5Y7.79%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
QLYS is valuated rather expensively with a Price/Earnings ratio of 20.86.
77.31% of the companies in the same industry are more expensive than QLYS, based on the Price/Earnings ratio.
QLYS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.08.
A Price/Forward Earnings ratio of 19.90 indicates a rather expensive valuation of QLYS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QLYS indicates a somewhat cheap valuation: QLYS is cheaper than 76.24% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, QLYS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.86 | ||
| Fwd PE | 19.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QLYS is valued a bit cheaper than 79.79% of the companies in the same industry.
80.50% of the companies in the same industry are more expensive than QLYS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.47 | ||
| EV/EBITDA | 20.26 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates QLYS does not grow enough to justify the current Price/Earnings ratio.
QLYS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.29
PEG (5Y)0.98
EPS Next 2Y5.51%
EPS Next 3Y5.87%
5. Dividend
5.1 Amount
No dividends for QLYS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
135.81
+0.48 (+0.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.46%
Inst Owner Change-0.72%
Ins Owners0.63%
Ins Owner Change-0.54%
Market Cap4.90B
Analysts66.9
Price Target145.49 (7.13%)
Short Float %8.4%
Short Ratio9.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.68%
Min EPS beat(2)11.67%
Max EPS beat(2)11.69%
EPS beat(4)4
Avg EPS beat(4)13.64%
Min EPS beat(4)11.67%
Max EPS beat(4)16.16%
EPS beat(8)8
Avg EPS beat(8)14.58%
EPS beat(12)12
Avg EPS beat(12)13.91%
EPS beat(16)16
Avg EPS beat(16)12.29%
Revenue beat(2)0
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-0.24%
Max Revenue beat(2)-0.22%
Revenue beat(4)1
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-0.24%
Max Revenue beat(4)0.1%
Revenue beat(8)1
Avg Revenue beat(8)-0.96%
Revenue beat(12)1
Avg Revenue beat(12)-1.11%
Revenue beat(16)2
Avg Revenue beat(16)-1.04%
PT rev (1m)3.97%
PT rev (3m)2.78%
EPS NQ rev (1m)2.15%
EPS NQ rev (3m)6.14%
EPS NY rev (1m)2.95%
EPS NY rev (3m)2.9%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.86 | ||
| Fwd PE | 19.9 | ||
| P/S | 7.7 | ||
| P/FCF | 20.47 | ||
| P/OCF | 19.45 | ||
| P/B | 9.65 | ||
| P/tB | 9.9 | ||
| EV/EBITDA | 20.26 |
EPS(TTM)6.51
EY4.79%
EPS(NY)6.82
Fwd EY5.02%
FCF(TTM)6.63
FCFY4.89%
OCF(TTM)6.98
OCFY5.14%
SpS17.65
BVpS14.08
TBVpS13.72
PEG (NY)3.29
PEG (5Y)0.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.51% | ||
| ROE | 36.41% | ||
| ROCE | 33.9% | ||
| ROIC | 28.41% | ||
| ROICexc | 77.85% | ||
| ROICexgc | 82.91% | ||
| OM | 31.01% | ||
| PM (TTM) | 29.04% | ||
| GM | 81.84% | ||
| FCFM | 37.6% |
ROA(3y)17.3%
ROA(5y)14.61%
ROE(3y)38.31%
ROE(5y)30.77%
ROIC(3y)30.81%
ROIC(5y)24.74%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)36.76%
ROCE(5y)29.51%
ROICexcg growth 3Y9.17%
ROICexcg growth 5Y17.45%
ROICexc growth 3Y11.03%
ROICexc growth 5Y19.36%
OM growth 3Y13.04%
OM growth 5Y6.51%
PM growth 3Y18.3%
PM growth 5Y5.81%
GM growth 3Y1.44%
GM growth 5Y0.82%
F-Score6
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 75.81% | ||
| Cap/Sales | 1.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 117.72% | ||
| Profit Quality | 129.46% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 7.16 |
F-Score6
WACC11.24%
ROIC/WACC2.53
Cap/Depr(3y)47.89%
Cap/Depr(5y)60.62%
Cap/Sales(3y)2.25%
Cap/Sales(5y)4.19%
Profit Quality(3y)152.97%
Profit Quality(5y)174.19%
High Growth Momentum
Growth
EPS 1Y (TTM)10.71%
EPS 3Y23.81%
EPS 5Y21.24%
EPS Q2Q%10.53%
EPS Next Y6.35%
EPS Next 2Y5.51%
EPS Next 3Y5.87%
EPS Next 5Y6.33%
Revenue 1Y (TTM)9.63%
Revenue growth 3Y13.9%
Revenue growth 5Y13.57%
Sales Q2Q%10.32%
Revenue Next Year8.93%
Revenue Next 2Y7.68%
Revenue Next 3Y7.31%
Revenue Next 5Y7.79%
EBIT growth 1Y11.04%
EBIT growth 3Y28.76%
EBIT growth 5Y20.96%
EBIT Next Year12.34%
EBIT Next 3Y8.63%
EBIT Next 5YN/A
FCF growth 1Y23.07%
FCF growth 3Y9.57%
FCF growth 5Y11.75%
OCF growth 1Y23.41%
OCF growth 3Y6.76%
OCF growth 5Y8.73%