SEG’s Monthly Flash Reports track the financial performance and valuations of approximately 300 software companies, categorized in nearly 30 product categories across the on-premise software, SaaS and Internet sectors. This post highlights the performance of the SEG-Internet Index Search product category as shown in the SEG December Monthly Flash Report. To view the performance of dozens of other product categories, download the latest complimentary Monthly Flash Report here: http://www.softwareequity.com/research_flash_reports.aspx
In the month of December, the Search category achieved a median EV/Revenue multiple of 1.1x, TTM Revenue Growth of 27.7%, and EBITDA Margin of 11.8%. Notable companies outperforming their respective category include:
- Baidu.com Inc. with a 22.7x revenue multiple.
- Baidu.com Inc. with an 85.5% revenue growth.
- On a TTM EBITDA Margin basis, Baidu.com Inc. and Yandex outperformed the category with a margin of 56.7% and 44.4%, respectively.