PUBLIC MARKETSEG SaaS Index Update: March 2021
The SEG SaaS Index dipped to -9% YTD by the end of March.Download the SEG SaaS Index Update: March 2021
A quick update on public SaaS company stock performance over March.
Highlights:
- The SEG SaaS Index dropped 9% by the end of March and was surpassed by NASDAQ (4.3%), S&P 500 (7.4%), and the Dow Jones (9.1%).
- Public SaaS companies posted a median EV/Revenue multiple of 12.8x in March.
- All product categories, except for Human Capital Management and Other SaaS, posted negative returns in March.
