THEMATIC
10X NTM REVENUE MULTIPLE INDEX

TENNTM

Index Performance

+12.06%
TENNTM
+16.39%
SKYY
+3.51%
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 November 1, 2024
CSV download
Atlassian Corp. (TEAM)5.91%$36.25B21.48%81.36%8.84
Paycom Software, Inc. (PAYC)5.32%$12.15B11.23%72.31%4.98
Paylocity Holding Corp. (PCTY)5.07%$10.69B14.29%67.60%6.13
Five9, Inc. (FIVN)4.79%$2.31B13.10%45.06%3.48
Smartsheet, Inc. (SMAR)4.70%$7.84B17.33%81.96%5.86
Datadog, Inc. (DDOG)4.62%$38.35B26.66%80.83%18.49
Bill Holdings, Inc. (BILL)4.61%$6.03B21.89%77.29%3.73
HubSpot, Inc. (HUBS)4.61%$29.02B20.43%85.01%12.16
Autodesk, Inc. (ADSK)4.61%$61.61B12.95%89.80%9.43
BlackLine, Inc. (BL)4.59%$3.45B11.02%74.86%5.86
Cloudflare, Inc. (NET)4.56%$26.59B29.99%77.80%18.88
Zscaler, Inc. (ZS)4.54%$27.84B34.07%77.87%11.84
Dynatrace, Inc. (DT)4.52%$16.11B19.93%80.08%8.37
CrowdStrike Holdings, Inc. (CRWD)4.34%$70.54B31.74%75.27%15.66
ServiceNow, Inc. (NOW)4.32%$194.34B22.25%79.12%17.53
Shopify, Inc. (SHOP)4.31%$95.97B20.72%51.10%10.56
Veeva Systems, Inc. (VEEV)4.26%$34.46B14.56%74.80%10.40
MongoDB, Inc. (MDB)4.20%$20.08B12.82%73.15%9.63
Qualys, Inc. (QLYS)4.16%$4.43B9.50%82.29%8.61
Okta, Inc. (OKTA)4.15%$11.89B16.19%76.01%6.22
Adobe, Inc. (ADBE)3.97%$212.53B10.71%88.96%12.21
AppFolio, Inc. (APPF)3.83%$4.81B24.36%63.08%10.97
Market data by FactSet

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