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Qualys (Qualys) Cyclically Adjusted Price-to-FCF : 42.48 (As of May. 15, 2024)


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What is Qualys Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Qualys's current share price is $148.67. Qualys's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.50. Qualys's Cyclically Adjusted Price-to-FCF for today is 42.48.

The historical rank and industry rank for Qualys's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

QLYS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38.77   Med: 52.55   Max: 73.26
Current: 42.83

During the past years, Qualys's highest Cyclically Adjusted Price-to-FCF was 73.26. The lowest was 38.77. And the median was 52.55.

QLYS's Cyclically Adjusted Price-to-FCF is ranked worse than
61.39% of 676 companies
in the Software industry
Industry Median: 28.855 vs QLYS: 42.83

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Qualys's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.212. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualys Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Qualys's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Qualys Cyclically Adjusted Price-to-FCF Chart

Qualys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 64.65 61.67 42.42 59.12

Qualys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.93 43.13 46.66 59.12 47.73

Competitive Comparison of Qualys's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, Qualys's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qualys's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Qualys's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qualys's Cyclically Adjusted Price-to-FCF falls into.



Qualys Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Qualys's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=148.67/3.5
=42.48

* 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.

Qualys's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Qualys's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.212/129.4194*129.4194
=2.212

Current CPI (Mar. 2024) = 129.4194.

Qualys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.072 100.560 -0.093
201409 0.162 100.428 0.209
201412 0.338 99.070 0.442
201503 0.099 99.621 0.129
201506 0.293 100.684 0.377
201509 0.307 100.392 0.396
201512 0.501 99.792 0.650
201603 0.339 100.470 0.437
201606 0.332 101.688 0.423
201609 0.269 101.861 0.342
201612 0.262 101.863 0.333
201703 0.718 102.862 0.903
201706 0.199 103.349 0.249
201709 0.482 104.136 0.599
201712 0.353 104.011 0.439
201803 0.882 105.290 1.084
201806 0.402 106.317 0.489
201809 0.600 106.507 0.729
201812 0.566 105.998 0.691
201903 0.860 107.251 1.038
201906 0.756 108.070 0.905
201909 0.980 108.329 1.171
201912 0.527 108.420 0.629
202003 1.106 108.902 1.314
202006 0.609 108.767 0.725
202009 1.152 109.815 1.358
202012 0.779 109.897 0.917
202103 1.276 111.754 1.478
202106 1.191 114.631 1.345
202109 1.008 115.734 1.127
202112 0.884 117.630 0.973
202203 1.785 121.301 1.904
202206 0.763 125.017 0.790
202209 1.040 125.227 1.075
202212 0.841 125.222 0.869
202303 1.667 127.348 1.694
202306 1.338 128.729 1.345
202309 2.420 129.860 2.412
202312 0.854 129.419 0.854
202403 2.212 129.419 2.212

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Qualys  (NAS:QLYS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Qualys Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Qualys's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualys (Qualys) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Qualys Inc (NAS:QLYS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
919 East Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
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