Qualys, Inc. QLYS

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Qualys has delivered a solid run for long term holders. For anyone looking at the stock today, the bigger issue is whether the current share price lines up with the cash the business is expected to produce over time. Over the past 5 years, Qualys has returned 64.4%. This puts real weight on the question of whether that share price journey is now in step with its underlying cash flows. The company converts a software focused business model into cash with relatively low capital needs. This can...