Qualys (Qualys) ROCE % : 41.22% (As of Dec. 2023)

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What is Qualys ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Qualys's annualized ROCE % for the quarter that ended in Dec. 2023 was 41.22%.

Qualys ROCE % Historical Data

The historical data trend for Qualys's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Qualys ROCE % Chart

Qualys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.05

21.87

17.69

30.39

42.24

Qualys Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															32.19	41.91	51.66	48.32	41.22

Qualys ROCE % Calculation

Qualys's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	163.069	/	( ( (700.941 - 352.188)	+	(812.618 - 389.208) )	/ 2 )
	=	163.069	/	( (348.753	+	423.41)	/ 2 )
	=	163.069	/	386.0815
	=	42.24 %

Qualys's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	165.876	/	( ( (751.861 - 370.491)	+	(812.618 - 389.208) )	/ 2 )
	=	165.876	/	( ( 381.37	+	423.41 )	/ 2 )
	=	165.876	/	402.39
	=	41.22 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Qualys (NAS:QLYS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Qualys ROCE % Related Terms

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Qualys (Qualys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qualys Inc (NAS:QLYS) » Definitions » ROCE %

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Traded in Other Exchanges

3L7A:Germany 3L7A:Germany

Address

919 East Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404

Website

https://www.qualys.com

Qualys Inc. is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-sized businesses. Qualys was founded in 1999 and went public in 2012.

Executives

Bruce K Posey	officer: VP, GC and Corp. Sec.	919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Sumedh S Thakar	officer: VP, Engineering	C/O QUALYS, INC., 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Joo Mi Kim	officer: Chief Financial Officer	C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Wendy Pfeiffer	director	C/O QUALYS, INC., 919 E. HILLSDALE BOULEVARD, FOSTER CITY CA 94404
Thomas Berquist	director	500 ARGUELLO STREET, SUITE 200, REDWOOD CITY CA 94063
Jeffrey P Hank	director	C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039
Allan Peters	officer: Chief Revenue Officer	C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Kristi Marie Rogers	director	802 MEADOWLARK, HOWELL MI 48843
Arjet Skenduli	officer: Chief Accounting Officer	919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
William Berutti	director	140 KENDRICK STREET, NEEDHAM MA 02494
Philippe Courtot Family Trust	10 percent owner	C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Saikat Paul	officer: Chief Accounting Officer	919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Sandra K Bergeron	director	C/O NETEGRITY INC, 201 JONES RD, WALTHAM MA 02451
Philippe F Courtot	director, 10 percent owner, officer: Chairman, President & CEO	1600 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Peter Pace	director	C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191