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Qualys (FRA:3L7A) Cyclically Adjusted Price-to-FCF : 39.97 (As of May. 29, 2024)


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What is Qualys Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Qualys's current share price is €131.10. Qualys's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.28. Qualys's Cyclically Adjusted Price-to-FCF for today is 39.97.

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

FRA:3L7A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38.77   Med: 52.53   Max: 73.26
Current: 41.19

During the past years, Qualys's highest Cyclically Adjusted Price-to-FCF was 73.26. The lowest was 38.77. And the median was 52.53.

FRA:3L7A's Cyclically Adjusted Price-to-FCF is ranked worse than
59.85% of 670 companies
in the Software industry
Industry Median: 28.43 vs FRA:3L7A: 41.19

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 €2.035. 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 €3.28 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 46.93

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
=131.10/3.28
=39.97

* 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)
=2.035/131.7762*131.7762
=2.035

Current CPI (Mar. 2024) = 131.7762.

Qualys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.053 100.560 -0.069
201409 0.125 100.428 0.164
201412 0.274 99.070 0.364
201503 0.091 99.621 0.120
201506 0.261 100.684 0.342
201509 0.274 100.392 0.360
201512 0.460 99.792 0.607
201603 0.305 100.470 0.400
201606 0.295 101.688 0.382
201609 0.239 101.861 0.309
201612 0.248 101.863 0.321
201703 0.671 102.862 0.860
201706 0.177 103.349 0.226
201709 0.404 104.136 0.511
201712 0.299 104.011 0.379
201803 0.716 105.290 0.896
201806 0.344 106.317 0.426
201809 0.515 106.507 0.637
201812 0.498 105.998 0.619
201903 0.761 107.251 0.935
201906 0.669 108.070 0.816
201909 0.890 108.329 1.083
201912 0.474 108.420 0.576
202003 1.001 108.902 1.211
202006 0.541 108.767 0.655
202009 0.978 109.815 1.174
202012 0.640 109.897 0.767
202103 1.072 111.754 1.264
202106 0.989 114.631 1.137
202109 0.857 115.734 0.976
202112 0.782 117.630 0.876
202203 1.621 121.301 1.761
202206 0.722 125.017 0.761
202209 1.051 125.227 1.106
202212 0.794 125.222 0.836
202303 1.557 127.348 1.611
202306 1.235 128.729 1.264
202309 2.268 129.860 2.301
202312 0.783 129.419 0.797
202403 2.035 131.776 2.035

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  (FRA:3L7A) 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 (FRA:3L7A) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Qualys Inc (FRA:3L7A) » Definitions » Cyclically Adjusted Price-to-FCF
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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.

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