QLYS Stock Analysis: Qualys | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 6.058m USD | 12M Return: 20.7% | US74758T3032 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 181M
EPS Trend: 96.7%
Qual. Beats: 17
Rev. Trend: 100.0%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 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: 213.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.25 > 0.02 and ΔFCF/TA -1.19 > 1.0 |
| NWC/Revenue: 34.52% < 20% (prev 25.26%; Δ 9.26% < -1%) |
| CFO/TA 0.28 > 3% & CFO 332.3m > Net Income 213.4m |
| Net Debt (-469.5m) to EBITDA (281.8m): -1.67 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.3m) vs 12m ago -2.68% < -2% |
| Gross Margin: 83.38% > 18% (prev 82.45%; Δ 0.93% > 0.5%) |
| Asset Turnover: 65.20% > 50% (prev 63.28%; Δ 1.92% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.21 (Total Current Assets 723.0m - Total Current Liabilities 473.8m) / Total Assets 1.18b |
| B: -0.15 (Retained Earnings -181.5m / Total Assets 1.18b) |
| C: 0.24 (EBIT TTM 269.1m / Avg Total Assets 1.11b) |
| D: 1.21 (Book Value of Equity 646.8m / Total Liabilities 536.3m) |
| Altman-Z'' = 3.78 = AA |
| DSRI: 1.05 (Receivables 148.9m/128.4m, Revenue 722.2m/653.0m) |
| GMI: 0.99 (GM 82.45% / 83.38%) |
| AQI: 0.94 (AQ_t 0.33 / AQ_t-1 0.35) |
| SGI: 1.11 (Revenue 722.2m / 653.0m) |
| TATA: -0.10 (NI 213.4m - CFO 332.3m) / TA 1.18b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of November 15, 2026, the stock is trading at USD 172.94 with a total of 960,223 shares traded. Over the past week, the price has changed by -9.17%, over one month by -12.71%, over three months by -11.71% and over the past year by +20.67%.
Current recommended Stop Loss: 155.30 (which is 10.2% or 1.3 ATR below the current price).
Qualys has received a consensus analysts rating of 3.18. Therefore, it is recommended to hold QLYS.
- StrongBuy: 3
- Buy: 1
- Hold: 16
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 196.8 | 13.8% |
P/E Trailing = 29.185
P/E Forward = 23.9808
P/S = 8.4004
P/B = 12.4579
P/EG = 3.4745
Revenue TTM = 722.2m USD
EBIT TTM = 269.1m USD
EBITDA TTM = 281.8m USD
Long Term Debt = 42.0m USD (estimated: total debt 51.2m - short term 9.21m)
Short Term Debt = 9.21m USD (from shortTermDebt, last quarter)
Debt = 51.2m USD (from shortLongTermDebtTotal, last quarter) (leases 51.2m already included)
Net Debt = -469.5m USD (calculated: Debt 51.2m - CCE 520.7m)
Enterprise Value = 5.59b USD (6.06b + Debt 51.2m - CCE 520.7m)
Interest Coverage Ratio = unknown (Ebit TTM 269.1m / Interest Expense TTM 0.0)
EV/FCF = 18.81x (Enterprise Value 5.59b / FCF TTM 297.2m)
FCF Yield = 5.32% (FCF TTM 297.2m / Enterprise Value 5.59b)
FCF Margin = 41.15% (FCF TTM 297.2m / Revenue TTM 722.2m)
Net Margin = 29.55% (Net Income TTM 213.4m / Revenue TTM 722.2m)
Gross Margin = 83.38% ((Revenue TTM 722.2m - Cost of Revenue TTM 120.0m) / Revenue TTM)
Gross Margin QoQ = 83.32% (prev 83.40%)
Tobins Q-Ratio = 4.72 (Enterprise Value 5.59b / Total Assets 1.18b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 51.2m)
Taxrate = 20.72% (55.8m / 269.1m)
NOPAT = 213.4m (EBIT 269.1m * (1 - 20.72%))
Current Ratio = 1.51 (Total Current Assets 723.0m / Total Current Liabilities 477.3m)
Debt / Equity = 0.08 (Debt 51.2m / totalStockholderEquity, last quarter 646.8m)
Debt / EBITDA = -1.67 (Net Debt -469.5m / EBITDA 281.8m)
Debt / FCF = -1.58 (Net Debt -469.5m / FCF TTM 297.2m)
Total Stockholder Equity = 585.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 19.27% (Net Income 213.4m / Total Assets 1.18b)
RoE = 36.47% (Net Income TTM 213.4m / Total Stockholder Equity 585.0m)
RoCE = 42.92% (EBIT 269.1m / Capital Employed (Equity 585.0m + L.T.Debt 42.0m))
RoIC = 31.27% (NOPAT 213.4m / Invested Capital 682.5m)
WACC = 10.44% (E(6.06b)/V(6.11b) * Re(10.53%) + D(51.2m)/V(6.11b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -99.33 | Cagr: -2.58%
[DCF] Terminal Value 69.86% ; FCFF base≈286.9m ; Y1≈310.6m ; Y5≈382.5m
[DCF] Fair Price = 137.9 (EV 4.30b - Net Debt -469.5m = Equity 4.77b / Shares 34.6m; r=10.44% [WACC]; 5y FCF grow 9.46% → 2.50% )
EPS Correlation: 96.74 | EPS CAGR: 12.25% | SUE: 3.05 | # QB: 17
Revenue Correlation: 99.95 | Revenue CAGR: 10.01% | SUE: 1.39 | # QB: 5
EPS current Quarter (2027-03-31): EPS=2.09 | Chg30d=+2.64% | Revisions=+0% | Analysts=16
EPS current Year (2026-12-31): EPS=8.12 | Chg30d=+3.87% | Revisions=+40% | GrowthEPS=+14.8% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=8.73 | Chg30d=+3.24% | Revisions=+40% | GrowthEPS=+7.5% | GrowthRev=+8.7%
[Analyst] Revisions Ratio: +21% (up=10, down=6)