A quick update on public SaaS company stock performance over January.
Key Highlights:
- The SEG SaaS Index rose 1.8% in January and posted a median EV/Revenue multiple of 13.0x.
- By the end of January, NASDAQ surpassed the SEG SaaS Index, ending the month up 2.9%.
- Small SaaS Companies (less than $250M TTM Revenue) outperformed other cohorts and ended January up 8.1%.