Enterprise software presently contains some of the hottest stocks across the equity universe. Indeed many such as Adobe, Coupa Software, Autodesk, ServiceNow & Slack trade at >10x EV/sales, reflecting their secular double-digit growth, pricing power, bumper EBITDA drop through rates, wide economic moats and recurring revenues. The trick of course for investors is to spot the next SaaS ‘category killers’, before valuations reach nose bleed levels. Accepting however that things don’t always go up in straight lines, particularly for early-stage businesses that aim to disrupt large $100m+ verticals.
17 Sep 2019
Raising the bar in capital markets risk mgt
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Raising the bar in capital markets risk mgt
KRM22 Plc (KRM:LON) | 27.5 0 0.0% | Mkt Cap: 9.85m
- Published:
17 Sep 2019 -
Author:
Paul Hill -
Pages:
10
Enterprise software presently contains some of the hottest stocks across the equity universe. Indeed many such as Adobe, Coupa Software, Autodesk, ServiceNow & Slack trade at >10x EV/sales, reflecting their secular double-digit growth, pricing power, bumper EBITDA drop through rates, wide economic moats and recurring revenues. The trick of course for investors is to spot the next SaaS ‘category killers’, before valuations reach nose bleed levels. Accepting however that things don’t always go up in straight lines, particularly for early-stage businesses that aim to disrupt large $100m+ verticals.