Company Valuation: Qualys, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 5,327 4,263 7,220 5,131 4,766 3,548 - -
Change - -19.97% 69.35% -28.94% -7.12% -25.55% - -
Enterprise Value (EV) 1 4,922 3,942 6,795 4,749 4,320 2,861 2,727 2,635
Change - -19.91% 72.36% -30.1% -9.05% -33.77% -4.7% -3.35%
P/E ratio 77.5x 41x 48.7x 30.2x 24.4x 18x 16.8x 16.1x
PBR 12.3x 15.3x 20x 10.7x - 4.99x 4.01x 3.81x
PEG - 0.7x 1x 2x 1.4x 13.45x 2.24x 3.67x
Capitalization / Revenue 13x 8.71x 13x 8.44x 7.12x 4.92x 4.59x 4.3x
EV / Revenue 12x 8.05x 12.3x 7.82x 6.46x 3.97x 3.53x 3.2x
EV / EBITDA 25.7x 18x 26.2x 16.8x 13.8x 8.92x 7.97x 6.91x
EV / EBIT 30.4x 20.8x 28.9x 17.8x 14.3x 9.28x 8.24x 7.35x
EV / FCF 27.9x 21.5x 28.8x 20.5x 14.2x 9.65x 8.61x 8.19x
FCF Yield 3.58% 4.65% 3.47% 4.88% 7.05% 10.4% 11.6% 12.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.77 2.74 4.03 4.65 5.44 5.513 5.927 6.187
Distribution rate - - - - - - - -
Net sales 1 411.2 489.7 554.5 607.6 669.1 721.1 772.8 824.6
EBITDA 1 191.2 218.6 259.1 282.8 313.4 320.9 342.3 381.3
EBIT 1 161.9 189.6 235.2 267.2 301.5 308.4 330.8 358.6
Net income 1 70.96 108 151.6 173.7 198.3 196 209.7 222.4
Net Debt 1 -405.3 -321.3 -425.6 -381.4 -445.9 -686.9 -821.4 -912.6
Reference price 2 137.22 112.23 196.28 140.22 132.90 99.45 99.45 99.45
Nbr of stocks (in thousands) 38,824 37,988 36,785 36,590 35,858 35,676 - -
Announcement Date 10/02/22 09/02/23 07/02/24 06/02/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.04x3.97x8.92x-.--% 3.55B
25.45x3.85x9.75x0.86% 186B
-622.42x23.63x109.38x-.--% 67.69B
-18.62x6.71x11.21x-.--% 39.33B
63.11x5.14x16.96x-.--% 11.69B
44.47x3.48x14.37x-.--% 10.71B
-47.79x146.38x-49.07x - 6.97B
336.44x5.46x14.8x-.--% 4.95B
339.93x3.79x40.64x-.--% 4.24B
259.48x4.32x20.98x0.33% 3.93B
Average 39.81x 20.67x 19.79x 0.13% 33.89B
Weighted average by Cap. -97.54x 11.12x 29.58x 0.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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