Qualys Inc. provides cloud security and compliance solutions in the United States and internationally. The Company's solutions enable organizations to identify security risks to their information technology infrastructures, help protect their IT systems and applications from cyber attacks. The company was founded in 1999 and is based in Redwood City, California.
QLYS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for QLYS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Qualys Inc ranked in the 49th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 22.33% on a DCF basis. The most interesting components of our discounted cash flow analysis for Qualys Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 2,435.56 -- which is good for besting 99.2% of its peer stocks (US stocks in the Technology sector with positive cash flow).
The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately only 6.94% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
QLYS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 50.91% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as QLYS, try UCTT, BABA, CPSI, BELFA, and CTSH.
Qualys (QLYS) reported mixed growth metrics during the last earnings call. Revenue growth came in marginally above management's guidance. The consumption of products with low monetizable value drove the lower-than-expected growth prints. Management raised guidance for the full year, demonstrating its confidence in meeting its near-term growth targets. Going forward,...
Kayode Omotosho on Seeking Alpha | September 28, 2020
Earlier this month, cloud services security provider Qualys (QLYS) announced its second-quarter results. The current pandemic conditions have resulted in an increased demand for security services, and Qualys is catering to that through product development and acquisitions. Qualys's Financials Qualys's Q2 revenues grew 13% to $88.8 million, surpassing the market's...
FOSTER CITY, Calif. and SALT LAKE CITY, July 30, 2020 /PRNewswire/ -- Ivanti, the company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge, and Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT,…
Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced Qualys Multi-Vector EDR. Taking a new multi-vector approach to Endpoint Detection and Response (EDR), Qualys now brings the unifying power of its highly scalable cloud platform to EDR.