THEMATIC
10X NTM REVENUE MULTIPLE INDEX

TENNTM

Index Performance

-5.61%
TENNTM
+4.45%
SKYY
+3.58%
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 April 18, 2024
CSV download
HubSpot, Inc. (HUBS)5.17%$32.10B25.38%84.08%13.07
Datadog, Inc. (DDOG)4.96%$37.80B27.06%80.70%19.19
Dynatrace, Inc. (DT)4.85%$13.15B22.74%79.92%11.48
Smartsheet, Inc. (SMAR)4.77%$5.18B24.96%80.55%5.71
Atlassian Corp. (TEAM)4.76%$30.70B21.47%81.44%15.72
ServiceNow, Inc. (NOW)4.70%$150.97B23.82%78.59%15.90
Qualys, Inc. (QLYS)4.68%$6.02B13.03%80.55%12.66
Paycom Software, Inc. (PAYC)4.67%$10.75B23.16%73.72%6.95
Adobe, Inc. (ADBE)4.59%$212.55B11.75%87.80%12.93
AppFolio, Inc. (APPF)4.59%$4.71B31.48%57.34%9.90
Five9, Inc. (FIVN)4.58%$4.17B16.90%51.39%6.30
Cloudflare, Inc. (NET)4.53%$26.26B32.97%76.32%21.24
Paylocity Holding Corp. (PCTY)4.52%$8.84B19.54%66.32%7.01
MongoDB, Inc. (MDB)4.51%$24.93B31.07%74.15%16.49
Bill Holdings, Inc. (BILL)4.51%$6.56B22.50%77.05%6.62
CrowdStrike Holdings, Inc. (CRWD)4.45%$67.37B36.33%75.17%22.46
Shopify, Inc. (SHOP)4.31%$83.96B26.07%49.39%13.81
Zscaler, Inc. (ZS)4.26%$25.92B35.45%77.55%17.87
Okta, Inc. (OKTA)4.22%$15.02B21.80%74.33%5.58
BlackLine, Inc. (BL)4.21%$3.61B12.82%73.73%8.02
Veeva Systems, Inc. (VEEV)4.20%$32.13B9.68%70.73%12.67
Autodesk, Inc. (ADSK)3.96%$45.97B11.16%89.94%10.04
Market data by FactSet

Similar indices