Welcome to the latest edition of the Silverpeak benchmark report – a review of public software company valuation and operating metrics in the US and Europe.
We review median values to produce a robust industry reference benchmark. We screen US and European publicly listed software companies using the S&P Capital IQ database. Our insights and conclusions are derived from this S&P dataset, which consists of 571 companies.
Key findings:
- US economic uncertainty pressured tech indices, but profit-led US SaaS and US vertical categories saw EV/EBITDA rise 9% and 19% this quarter respectively
- Forecasts for annual revenue growth rates have been downgraded across all categories, with the US SaaS median revised down by 7% year on year
- Media saw the largest sector EV/Revenue contraction, down 18% across the quarter