Back to QLYS Overview
NMS · Valuation Lab
QLYS
Qualys, Inc.
Last$183.25
Market cap6.5B
EV/EBITDA20.5x
Intrinsic value
$238.75
MoS +23.2% · Undervalued
Assuming 34.7% FCF margin and 9.8% Y1–5 growth.
Upside to price
EV (DCF)8B
Terminal share68%
Expected IV$250.90
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 68% of EV
PV of stage FCFs2.5B
PV of terminal value5.4B
Enterprise value8B
Net cash / (debt)419.1M
Equity value8.4B
Intrinsic value / share$238.75
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 752M | 260.9M | 243.7M | 93.4% |
| Y2 | 825.7M | 286.5M | 249.9M | 87.2% |
| Y3 | 906.6M | 314.6M | 256.2M | 81.4% |
| Y4 | 995.4M | 345.4M | 262.7M | 76.1% |
| Y5 | 1.1B | 379.3M | 269.4M | 71.0% |
| Y6 | 1.1B | 397.9M | 263.9M | 66.3% |
| Y7 | 1.2B | 417.3M | 258.5M | 62.0% |
| Y8 | 1.3B | 437.8M | 253.3M | 57.9% |
| Y9 | 1.3B | 459.2M | 248.1M | 54.0% |
| Y10 | 1.4B | 481.8M | 243.1M | 50.5% |
| Terminal | — | — | 5.4B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.