PUBLIC MARKETSEG SaaS Index Update: January 2022

A quick update on public SaaS company stock performance over January:

The SEG SaaS Index was down 12.2% at the end of January, and the median EV/Revenue multiple dipped to 10.9x, down from 12.2x in December. Multiples are currently sitting at 11.1x EV/Revenue as of today’s publishing date.

Highlights:

• The median EV/Revenue multiple for public SaaS companies softened in January to 10.9x.
• Market uncertainty around rising interest rates and inflation caused major indices to drop. The SEG SaaS Index ended January down 12.2% YTD, followed by NASDAQ (-9.0%), S&P 500 (-5.3%), and Dow Jones (-3.3%).
• Four companies in the SaaS Index posted positive YTD returns, including Upland Software (9.3%), Anaplan (5.3%), Benefitfocus (4.5%), and Dropbox (0.9%).