10X NTM REVENUE MULTIPLE INDEX
Index Overview
11.25%
3 Months- TickerTENNTM
- Inception Date11/18/2022
- WeightingEqual
- Number of holdings21
Description
Based on the research by Jamin Ball (@jaminball) on his Clouded Judgement Substack where he analyzed cloud software companies that at one point in time were trading at >10x NTM revenue. This is an Index that tracks the 22 companies that hit >10x NTM revenue at some point, 33% ended up with a CAGR >20% from the time they hit 10x to today.
Performance
10X NTM REVENUE MULTIPLE INDEX
-40.49%
All
Quick Stats
What's inside?
Top 10 Holdings
| Company | % of Index | |
| 1 | Adobe, Inc. (ADBE) | 5.06% |
| 2 | Zscaler, Inc. (ZS) | 4.97% |
| 3 | Smartsheet, Inc. (SMAR) | 4.92% |
| 4 | Paylocity Holding Corp. (PCTY) | 4.90% |
| 5 | Cloudflare, Inc. (NET) | 4.88% |
| 6 | Five9, Inc. (FIVN) | 4.88% |
| 7 | Shopify, Inc. (SHOP) | 4.87% |
| 8 | Qualys, Inc. (QLYS) | 4.83% |
| 9 | Dynatrace, Inc. (DT) | 4.83% |
| 10 | Veeva Systems, Inc. (VEEV) | 4.81% |
Holdings
All Holdings as of March 24, 2023
CSV download
| Adobe, Inc. (ADBE) | 5.06% | $171.657B | 9.63% | 86.90% | 8.78x |
| Zscaler, Inc. (ZS) | 4.97% | $16.243B | 51.66% | 77.30% | 12.80x |
| Smartsheet, Inc. (SMAR) | 4.92% | $6.188B | 34.91% | 78.94% | 6.90x |
| Paylocity Holding Corp. (PCTY) | 4.90% | $10.164B | 39.26% | 65.99% | 10.91x |
| Cloudflare, Inc. (NET) | 4.88% | $18.719B | 41.89% | 75.32% | 15.13x |
| Five9, Inc. (FIVN) | 4.88% | $4.470B | 20.02% | 52.81% | 6.39x |
| Shopify, Inc. (SHOP) | 4.87% | $57.421B | 25.72% | 46.05% | 7.24x |
| Qualys, Inc. (QLYS) | 4.83% | $4.583B | 17.81% | 78.65% | 8.28x |
| Dynatrace, Inc. (DT) | 4.83% | $11.311B | 23.55% | 79.02% | 9.85x |
| Veeva Systems, Inc. (VEEV) | 4.81% | $27.336B | 16.04% | 70.19% | 11.42x |
| Autodesk, Inc. (ADSK) | 4.81% | $43.004B | 6.95% | 89.64% | 9.56x |
| HubSpot, Inc. (HUBS) | 4.77% | $19.548B | 27.17% | 82.91% | 7.80x |
| AppFolio, Inc. (APPF) | 4.71% | $4.198B | 29.77% | 52.86% | 7.64x |
| MongoDB, Inc. (MDB) | 4.71% | $15.183B | 35.58% | 75.11% | 11.13x |
| CrowdStrike Holdings, Inc. (CRWD) | 4.71% | $30.425B | 47.88% | 72.35% | 10.26x |
| ServiceNow, Inc. (NOW) | 4.67% | $87.879B | 20.20% | 78.40% | 10.60x |
| Paycom Software, Inc. (PAYC) | 4.65% | $16.381B | 30.04% | 74.14% | 12.86x |
| Okta, Inc. (OKTA) | 4.63% | $13.165B | 33.15% | 72.75% | 6.23x |
| BlackLine, Inc. (BL) | 4.54% | $3.773B | 21.36% | 75.82% | 9.84x |
| Datadog, Inc. (DDOG) | 4.51% | $20.855B | 43.90% | 79.34% | 13.30x |
| Bill Holdings, Inc. (BILL) | 4.35% | $7.366B | 66.16% | 75.83% | 12.42x |
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