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)
$Cloudflare, Inc.(NET)$ $CrowdStrike Holdings, Inc.(CRWD)$ $Palantir Technologies Inc.(PLTR)$ $Datadog(DDOG)$ $Samsara, Inc.(IOT)$ $ServiceNow(NOW)$ $Snowflake(SNOW)$ $HubSpot(HUBS)$ $MongoDB Inc.(MDB)$ $Atlassian Corporation PLC(TEAM)$
Image
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- blimpy·04-22Thanks for sharing this insightful update!LikeReport
- Brando741319·04-23GoodLikeReport