Monday, February 25, 2008

Launch of the SaaS 13 Index!

How are public SaaS companies doing in such a volatile market? To answer this question, I have created the SaaS 13 Index, defined as the sum of the market cap of the 13 pure SaaS vendors quoted on the Nasdaq. It includes NetSuite, SuccessFactors, Vocus, SalesForce, Taleo, DemandTec, LivePerson, Constant Contact, Concur, Ultimate Software,, Omniture and Kenexa. The Index reference point starts on January 1st 2008 at 19,187.81 pts and is dynamically updated via GoogleDocs. The Index is red if under this mark, and green if above and the % change is indicated.

As I was building the spreadsheet, I also included the revenue multiples for this set of companies, both for the trailing 12-month (TTM) and the forward 12-month (FTM).

You can access the detailed spreadsheet by clicking on the following link.