QLYS Stock Analysis: Qualys | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 5.965m USD | 12M Return: 47.6% | US74758T3032 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 120M
EPS Trend: 98.3%
Qual. Beats: 16
Rev. Trend: 100.0%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Qualys, Inc. (NASDAQ: QLYS) is a US-based provider of cloud-based IT, security, and compliance solutions, operating domestically and internationally. The company was incorporated in 1999 and is headquartered in Foster City, California, and went public in 2012. It is classified within the Information Technology sector (Systems Software sub-industry) and operates on a subscription-based SaaS model, the standard delivery framework for cloud-native security platforms.
The companys offerings are organized around three main product groups: Qualys Cloud Apps (covering asset management, vulnerability management, patch management, endpoint detection and response, and policy compliance), TotalCloud (a cloud-native application protection platform covering workload protection, posture management, SaaS security, and container/Kubernetes security), and the Enterprise TruRisk platform, which aggregates asset data, prioritizes vulnerabilities, quantifies risk exposure, and tracks remediation.
Qualys sells to enterprises, government entities, and small and medium-sized businesses across industries such as financial services, healthcare, government, manufacturing, retail, and technology. Distribution is handled through direct sales teams as well as indirect channels, including security consulting firms, managed service providers, resellers, and cloud providers. As a mid-cap systems software issuer, the company competes in the broader enterprise cybersecurity software market.
- VMDR and TotalCloud platform expansion accelerates subscription revenue growth
- Competition intensifies from CrowdStrike and Palo Alto Networks in cloud security
- Federal cybersecurity mandates drive government segment bookings
| Net Income: 206.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.29 > 0.02 and ΔFCF/TA 5.27 > 1.0 |
| NWC/Revenue: 24.38% < 20% (prev 19.80%; Δ 4.58% < -1%) |
| CFO/TA 0.30 > 3% & CFO 320.9m > Net Income 206.5m |
| Net Debt (-372.9m) to EBITDA (256.1m): -1.46 < 3 |
| Current Ratio: 1.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.4m) vs 12m ago -3.19% < -2% |
| Gross Margin: 83.45% > 18% (prev 81.84%; Δ 1.61% > 0.5%) |
| Asset Turnover: 67.90% > 50% (prev 63.73%; Δ 4.16% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.16 (Total Current Assets 618.7m - Total Current Liabilities 447.0m) / Total Assets 1.07b |
| B: -0.17 (Retained Earnings -187.6m / Total Assets 1.07b) |
| C: 0.23 (EBIT TTM 243.6m / Avg Total Assets 1.04b) |
| D: 1.10 (Book Value of Equity 562.2m / Total Liabilities 511.9m) |
| Altman-Z'' = 3.21 = A |
| DSRI: 0.98 (Receivables 139.8m/128.7m, Revenue 704.0m/637.0m) |
| GMI: 0.98 (GM 81.84% / 83.45%) |
| AQI: 0.94 (AQ_t 0.36 / AQ_t-1 0.38) |
| SGI: 1.11 (Revenue 704.0m / 637.0m) |
| TATA: -0.11 (NI 206.5m - CFO 320.9m) / TA 1.07b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of October 04, 2026, the stock is trading at USD 193.00 with a total of 477,403 shares traded. Over the past week, the price has changed by +11.93%, over one month by +12.98%, over three months by +30.30% and over the past year by +47.58%.
Current recommended Stop Loss: 182.30 (which is 5.5% or 1.2 ATR below the current price).
Qualys has received a consensus analysts rating of 3.17. Therefore, it is recommended to hold QLYS.
- StrongBuy: 4
- Buy: 0
- Hold: 16
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 179.4 | -7.1% |
P/E Trailing = 29.9358
P/E Forward = 21.8818
P/S = 8.6382
P/B = 11.3706
P/EG = 3.1712
Revenue TTM = 704.0m USD
EBIT TTM = 243.6m USD
EBITDA TTM = 256.1m USD
Long Term Debt = 44.8m USD (estimated: total debt 53.4m - short term 8.55m)
Short Term Debt = 8.55m USD (from shortTermDebt, last quarter)
Debt = 53.4m USD (from shortLongTermDebtTotal, last quarter) (leases 53.4m already included)
Net Debt = -372.9m USD (calculated: Debt 53.4m - CCE 426.3m)
Enterprise Value = 5.59b USD (5.97b + Debt 53.4m - CCE 426.3m)
Interest Coverage Ratio = unknown (Ebit TTM 243.6m / Interest Expense TTM 0.0)
EV/FCF = 17.81x (Enterprise Value 5.59b / FCF TTM 314.0m)
FCF Yield = 5.61% (FCF TTM 314.0m / Enterprise Value 5.59b)
FCF Margin = 44.60% (FCF TTM 314.0m / Revenue TTM 704.0m)
Net Margin = 29.34% (Net Income TTM 206.5m / Revenue TTM 704.0m)
Gross Margin = 83.45% ((Revenue TTM 704.0m - Cost of Revenue TTM 116.5m) / Revenue TTM)
Gross Margin QoQ = 83.40% (prev 83.43%)
Tobins Q-Ratio = 5.21 (Enterprise Value 5.59b / Total Assets 1.07b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 53.4m)
Taxrate = 21.09% (55.2m / 261.8m)
NOPAT = 192.2m (EBIT 243.6m * (1 - 21.09%))
Current Ratio = 1.38 (Total Current Assets 618.7m / Total Current Liabilities 447.0m)
Debt / Equity = 0.09 (Debt 53.4m / totalStockholderEquity, last quarter 562.2m)
Debt / EBITDA = -1.46 (Net Debt -372.9m / EBITDA 256.1m)
Debt / FCF = -1.19 (Net Debt -372.9m / FCF TTM 314.0m)
Total Stockholder Equity = 555.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 19.92% (Net Income 206.5m / Total Assets 1.07b)
RoE = 37.17% (Net Income TTM 206.5m / Total Stockholder Equity 555.7m)
RoCE = 40.57% (EBIT 243.6m / Capital Employed (Equity 555.7m + L.T.Debt 44.8m))
RoIC = 32.01% (NOPAT 192.2m / Invested Capital 600.5m)
WACC = 11.27% (E(5.97b)/V(6.02b) * Re(11.37%) + D(53.4m)/V(6.02b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 11.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -99.40 | Cagr: -2.84%
[DCF] Terminal Value 69.13% ; FCFF base≈284.2m ; Y1≈325.8m ; Y5≈479.4m
[DCF] Fair Price = 148.2 (EV 4.75b - Net Debt -372.9m = Equity 5.13b / Shares 34.6m; r=11.27% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.34 | EPS CAGR: 15.01% | SUE: 4.0 | # QB: 16
Revenue Correlation: 99.96 | Revenue CAGR: 9.92% | SUE: 2.58 | # QB: 4
EPS current Quarter (2026-09-30): EPS=1.96 | Chg30d=-0.04% | Revisions=+77% | Analysts=20
EPS current Year (2026-12-31): EPS=7.81 | Chg30d=+0.41% | Revisions=+86% | GrowthEPS=+10.5% | GrowthRev=+9.8%
EPS next Year (2027-12-31): EPS=8.45 | Chg30d=+0.43% | Revisions=+68% | GrowthEPS=+8.2% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: +85% (up=54, down=3)