Top 10 #SaaS #Cloud multiples on APR15-APR20
Last week in enterprise software: Top 10 #SaaS #Cloud multiples as of today's market close
The 10Y rose nearly 20% YTD (from 3.9% to 4.6%). However, the median software multiple was only down 1%. This finally broke, with median multiple dropping ~10% in last week (6.2x to 5.7x)
$Cloudflare, Inc.(NET)$ $CrowdStrike Holdings, Inc.(CRWD)$ $Palantir Technologies Inc.(PLTR)$ $Datadog(DDOG)$ $Samsara, Inc.(IOT)$ $ServiceNow(NOW)$ $Snowflake(SNOW)$ $HubSpot(HUBS)$ $MongoDB Inc.(MDB)$ $Atlassian Corporation PLC(TEAM)$
Last week on Clouded Judgement: Rubrik IPO Update
- Median software multiple: 5.7x
- High Growth software median: 8.6x
- Mid Growth software median: 8.2x
- Low Growth software median: 4.0x
- 10Y: 4.6%
https://twitter.com/jaminball/status/1781421845339877794
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- blimpy·04-22Thanks for sharing this insightful update!LikeReport
- Brando741319·04-23GoodLikeReport