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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Qualys Inc. 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 10.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for QLYS, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 2,435.56; that's higher than 99.21% of US stocks in the Technology sector that have positive free cash flow.
The business' balance sheet suggests that 1% of the company's capital is sourced from debt; this is greater than merely 6.44% of the free cash flow producing stocks we're observing.
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 51.25% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PANW, CAMT, INTC, UCTT, and CYBR can be thought of as valuation peers to QLYS, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
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.