Make money doing the work you believe in
Wondering about Software valuations via EV/FCF multiples since 2019?
26.8x currently (compression post-boom)
way below the 37.6x average since 2019 (excluding 2020 Covid)
pre-Covid peak = 44.4x, Covid trough 35.1x
2021 mania peak = 54.3x (bonkers)
recent peak from 2025 = 35x
Jan 29
at
5:54 PM