Looks like the only companies in the high growth bucket (27%+ NTM rev. growth) are monday.com and rubrik, and both of them have abysmal sales efficiency.
I completely agree with you, Jamin. While there are some nascent signs of a recovery in software, investors need to be cautious about jumping in head first into ALL software stocks thinking that software is back. There are going to be some future winners and several other losers and so-so performers. Our challenge is to sift through these companies to find the former. Cheers!
Why would mid growth command a higher revenue multiple than high growth?
Looks like the only companies in the high growth bucket (27%+ NTM rev. growth) are monday.com and rubrik, and both of them have abysmal sales efficiency.
great catch! that makes sense
I completely agree with you, Jamin. While there are some nascent signs of a recovery in software, investors need to be cautious about jumping in head first into ALL software stocks thinking that software is back. There are going to be some future winners and several other losers and so-so performers. Our challenge is to sift through these companies to find the former. Cheers!
Great post!