A quick update on public SaaS company stock performance over July.
- Public SaaS companies reached a median EV/Revenue multiple of 14.7x in July.
- The SEG SaaS Index is up modestly in July, posting a YTD price increase of 0.9%.
- Communications & Collaboration software outperformed other cohorts, reaching a YTD price increase of 15.4%.
- Asana, Teradata, and Sprout Social posted the highest YTD price increases of 140%, 121%, and 95%, respectively.