Today’s Public Software Valuation and Financial Performance: SEG Internet Index Commerce Product Category

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 Commerce product category as shown in the SEG April 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 April, the commerce product category achieved a median EV/Revenue multiple of 0.9x, TTM Revenue Growth of 14.4%, and EBITDA Margin of 7.6%.  Notable companies outperforming their respective category include:

  • Mercadolibre, Inc. with a 10.9x EV/Revenue multiple
  • Bitauto Holdings Limited with a 57.8% revenue growth
  • eBay Inc. with a 29.3% EBITDA margin

Mercadolibre, eBay, Bitauto Holdings

April Monthly Flash Report: SEG SaaS Other Public SaaS Companies Product Category Financial and Valuation Performance

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 – SaaS Index Other Public SaaS Companies product category as shown in the SEG April 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 April, the Other Public SaaS Companies product category achieved a median EV/Revenue multiple of 7.6x, TTM Revenue Growth of 40.5%, and EBITDA Margin of 3.2%.  Notable companies outperforming their respective category include:

  • Service-now.com with a 15.5x EV/Revenue multiple
  • Bazaarvoice with a 57.9% TTM revenue growth
  • Open Table with an 28.5% EBITDA margin

April SaaS Other

April Monthly Flash Report: SEG SaaS Workforce Management Product Category Financial and Valuation Performance

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 – SaaS Index Workforce Management product category as shown in the SEG April 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 April, the Workforce Management product category achieved a median EV/Revenue multiple of 11.0x, TTM Revenue Growth of 42.5%, and Gross Margin of 57.0%.  Notable companies outperforming their respective category include:

  • Workday Inc. with a 32.1x EV/Revenue multiple
  • Workday Inc. with a 103.6% TTM revenue growth
  • Cornerstone OnDemand with an 62.3% YoY Stock Market Return

SaaS Workforce Management

April Monthly Flash Report: SEG SaaS Vertically Focused Product Category Financial and Valuation Performance

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 – SaaS Index Vertically Focused product category as shown in the SEG April 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 April, the Vertically Focused product category achieved a median EV/Revenue multiple of 4.9x, TTM Revenue Growth of 21.6%, and EBITDA Margin of 16.5%.  Notable companies outperforming their respective category include:

  • Athena health with a 7.8x EV/Revenue multiple
  • Ellie Mae with a 83.5% TTM revenue growth
  • Ebix with a 42.4% EBITDA margin

Athenahealth, DealerTracker, Ebix, Ellie Mae, Medidata Solutions, Real Page


April Flash Report: SEG SaaS ERP & Supply Chain Product Category Financial and Valuation Performance

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-SaaS Index ERP & Supply Chain product category as shown in the SEG April 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 April, the ERP & Supply Chain product category achieved a median EV/Revenue multiple of 6.2x, TTM Revenue Growth of 30.7%, and EBITDA Margin of 5.9%.  Notable companies outperforming their respective category include:

  • Netsuite with a 16.6x EV/Revenue multiple
  • Fleetmatics with a 38.1% revenue growth
  • Fleetmatics with an 18.6% EBITDA margin

E2Open inc, Fleetmatics, Netsuite, SciQuest, SPS Commerce

Weekly M&A Deals – April 15th-19th, 2013

The table below includes a select list of Software, SaaS, Internet and Mobile M&A transactions for the week of April 15th-19th, 2013.  For a comprehensive analysis of software industry mergers and acquisitions and public software company financial performance you can download our research reports by visiting http://www.softwareequity.com/research_reports.aspx.  Notable transactions for the week include:

  • Thomson Reuter’s acquisition of Tax Works
  • Razorfish’s acquisition of Neev Information Technologies

Razorfish, Intel, J2 Global, Neev Information Technologies, Thomson Reuters, Tax Works,  Rebellion Media Group, KloudNation, Cadee

Today’s SEG Internet Index Ad Tech & Lead Generation Product Category Financial and Valuation Performance

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 Ad Tech & Lead Generation product category as shown in the SEG April 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 April, the Ad Tech & Lead Generation product category achieved a median EV/Revenue multiple of 1.4x, TTM Revenue Growth of 25.1%, and EBITDA Margin of 14.0%. Notable companies outperforming their respective category include:
Baidu.com with a 8.2x EV/Revenue multiple
Angie’s List with a 73.0% revenue growth
SINA Corporation with a 203.4x EV/EBITDA multiple

April Internet Ad Tech and Lead