$Qualys (QLYS.US)$It was excluded from the fall 2022 invento...

Launched in 2012, it is mainly a cloud security and compliance business. 60% of the market is in the US, and the current price is 166.92.

Revenue has continued to grow over the past 5 years, with an average growth rate of 14.7%. Operating profit contracted after one year in 2021 due to expenses. The average growth rate was 26.5%, and the average net profit growth rate was 21.5%. There was no interest burden for the last 5 years. The gross margin increased from 78.4% to 80.6% in the past 5 years, and the return on net assets increased from 16.3% to 29.8%.

The balance ratio has increased from 42.8% to 54.7% over the past 5 years. The ratio and growth rate of accounts receivable are relatively normal. Goodwill and other intangible assets are worth $17 million, accounting for 4.6% of the net assets of 368 million, and there are no interest-bearing liabilities.

Over the past five years, net operating cash flow has been much higher than net investment, generating many shareholders' surpluses.

Currently, the price-earnings ratio is 42.5. If the 21.5% growth rate is maintained for 3 years, the price-earnings ratio will drop to 23.7. It still seems attractive, so you can choose carefully (⭐️)