PUBLIC MARKETSEG SaaS Index Update: February 2023

Our February update provides insightful data on the stock price performance of the SEG SaaS Index.

Highlights:

• The median YTD stock price performance of the SEG SaaS Index was up 8.9% at the end of February,  trailing just behind NASDAQ (+9.4%) and outpacing the S&P 500 (+3.4%) and Dow Jones (-1.5%).
• Security SaaS led other product categories in YTD stock price performance (+15.3%) followed by BI & Analytics (+11.9%) and Sales & Marketing (+11.7%).
• The median EV/Revenue multiple for public SaaS companies jumped to 6.2x in February, the highest revenue multiple since September 2022.