Qualys, Inc. (QLYS) vs SentinelOne, Inc. (S)

Qualys, Inc. and SentinelOne, Inc. are both Software Infrastructure companies. Qualys, Inc. and SentinelOne, Inc. are of similar size ($7.5B and $6.9B). SentinelOne, Inc. has negative trailing earnings, so its P/E is not meaningful; Qualys, Inc. trades at 34.7×. SentinelOne, Inc. grew revenue faster over the last twelve months: 21.1% against 10.4%. Qualys, Inc. has the higher net margin (29.4% vs −31.0%) and the higher return on invested capital (111.1% vs −25.5%). Across the 19 metrics below, Qualys, Inc. leads on 13 and SentinelOne, Inc. on 6.

Valuation

Metric QLYS S Software Infrastructure median
P/E 34.69 n/m 24.43
P/S 10.02 6.71 2.81
P/B 12.52 5.09 2.88
Price to free cash flow 23.15 238.85 17.94
EV/EBITDA 26.28 n/m 14.51
EV/Sales 9.41 6.13 2.91
Earnings yield 2.88% (4.68%) 0.00%
Free cash flow yield 4.32% 0.42% 0.49%

Profitability

Metric QLYS S Software Infrastructure median
Gross margin 83.33% 72.54% 57.45%
Operating margin 34.36% (29.46%) 0.00%
Net margin 29.38% (30.95%) 0.00%
Free cash flow margin 44.66% 2.81% 0.00%
Return on equity 38.59% (23.01%) 0.00%
Return on assets 19.92% (14.37%) 0.00%
Return on invested capital 111.08% (25.50%) 0.00%

Growth

Metric QLYS S Software Infrastructure median
Revenue growth (TTM) 10.35% 21.09% 14.28%
EPS growth (last fiscal year) 16.99% (48.91%) 18.26%
Revenue growth, 5-year CAGR 13.01% 60.83% 16.15%
Net income growth, 5-year CAGR 16.71% 0.00% 0.00%

Health

Metric QLYS S Software Infrastructure median
Debt to equity 0.00 0.00 0.02
Current ratio 1.38 1.45 1.53
Net debt to EBITDA (1.91) 3.34 0.05

Dividend

Metric QLYS S Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric QLYS S Software Infrastructure median
Market cap 6.91b 7.46b 661.51m

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