Q2/23 summary highlights:
- avg SaaS @ 7.4X EV/LTM
- up from 6.1X at end Q4/22
- median multiple still < 10yr avg
- avg public SaaS co’s trading at a discount to overall S&P 500
the @PracticalVC Quarterly #Saas Index Update (Q1/22): practicalvc.com/pvc-saas-ind… by Aman Verjee
highlights:
• current Saas multiple 11X EV/LTM
• median -40% from 18X late 2021
• hardest hit groups were:
1) fastest growth
2) small cap
3) least profitable