THEMATIC
10X NTM REVENUE MULTIPLE INDEX

TENNTM

$TENNTM

Index Performance

-1.30%
TENNTM
+7.86%
SKYY
+7.95%
QTEC

Overview

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.

  • TickerTENNTM
  • Inception Date11/18/2022
  • WeightingEqual
  • # of holdings22
What's inside?

Holdings

All holdings as of March 27, 2024
CSV download
AppFolio, Inc. (APPF)4.96%$5.39B31.48%57.34%9.90
Cloudflare, Inc. (NET)4.68%$28.81B32.97%76.32%21.24
Bill Holdings, Inc. (BILL)4.65%$7.11B22.50%77.05%6.62
Paycom Software, Inc. (PAYC)4.62%$11.35B23.16%73.72%6.95
Paylocity Holding Corp. (PCTY)4.62%$9.76B19.54%66.32%7.01
Five9, Inc. (FIVN)4.62%$4.57B16.90%51.39%6.30
HubSpot, Inc. (HUBS)4.60%$31.59B25.38%84.08%13.07
Veeva Systems, Inc. (VEEV)4.56%$37.65B9.68%70.73%12.67
Autodesk, Inc. (ADSK)4.56%$55.83B11.16%89.94%10.04
Datadog, Inc. (DDOG)4.55%$37.79B27.06%80.70%19.19
Adobe, Inc. (ADBE)4.55%$228.26B11.75%87.80%12.93
Smartsheet, Inc. (SMAR)4.54%$5.28B24.96%80.55%5.71
CrowdStrike Holdings, Inc. (CRWD)4.53%$73.92B36.33%75.17%22.46
ServiceNow, Inc. (NOW)4.53%$155.60B23.82%78.59%15.90
Shopify, Inc. (SHOP)4.52%$94.76B26.07%49.39%13.81
MongoDB, Inc. (MDB)4.48%$26.10B31.07%74.15%16.49
Dynatrace, Inc. (DT)4.47%$13.60B22.74%79.92%11.48
Zscaler, Inc. (ZS)4.43%$28.99B35.45%77.55%17.87
Atlassian Corp. (TEAM)4.41%$30.39B21.47%81.44%15.72
Qualys, Inc. (QLYS)4.41%$6.11B13.03%80.55%12.66
Okta, Inc. (OKTA)4.39%$16.80B21.80%74.33%5.58
BlackLine, Inc. (BL)4.30%$3.91B12.82%73.73%8.02
Market data by FactSet

Similar indices