# Qualys Inc. (QLYS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $171.65, market value $5.9 billion.

## Valuation
- **P/E (trailing): 29.7×** (5-yr avg 44.4×, 3-yr avg 34.4×). Qualys Inc. trades at 29.7× trailing earnings, well below its own five-year average of 44.4×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 20.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.20**. A PEG of 1.20 is in the range usually read as fairly priced for its growth.
- **Price / sales: 8.4×**. Each dollar of revenue is priced at 8.4×.
- **Price / book: 10.6×**. The shares trade at 10.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 5.3%** (5-yr avg 4.3%). Free cash flow equals 5.3% of the market value, above its five-year average of 4.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.4%**. The inverse of the P/E: 3.4% of the price is earned each year.

## Profitability
- **Gross margin: 83.3%**. Qualys Inc. keeps 83.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 34.4%**. 34.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 29.6%**. 29.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 35.3%**. 35.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 18.9%**. Each dollar of assets produces 18.9% of profit.

## Growth
- **Revenue growth (1 yr): 10.1%** (3-yr 11.0%/yr, 5-yr 13.0%/yr). Revenue grew 10.1% over the last year, against 13.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 17.0%** (3-yr 25.7%/yr, 5-yr 19.3%/yr). Earnings per share rose 17.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 18.4%/yr**. Free cash flow has compounded at 18.4% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Current ratio: 1.41** (quick 1.41). Current assets cover the next year's liabilities 1.41 times.
- **Altman Z-score: 8.88**. A Z-score of 8.88 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Qualys Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 27.8%** (YTD 29.2%, 3-mo 56.2%). The shares are up 27.8% over twelve months including dividends.
- **From 52-week high: -14.8%** (130.4% above the low). Trading 15% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.48** (volatility 53%). Beta of 0.48 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=QLYS · Page: https://foliofundamentals.com/stocks/qlys

Not investment advice.