Valuation Trading Multiples & Precedent Transactions: Enterprise Cybersecurity Software Companies
Valuation benchmarks for Enterprise Cybersecurity Software Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Enterprise Cybersecurity Software Companies Market Context & Valuation Drivers
Companies in this trading comparables group are public providers of enterprise cybersecurity platforms and services that secure networks, endpoints, identities, applications, and cloud workloads. Their business models center on recurring software subscriptions, security appliances, and managed services that reduce breach risk and ensure compliance. They are grouped together as valuation benchmarks because they deliver integrated security solutions with similar revenue profiles, go-to-market motions, and customer bases.
Typical capabilities include next-generation firewalls for network protection, endpoint detection and response (EDR/XDR), identity and access management with single sign-on and multi-factor authentication, privileged access management, web application firewall and DDoS mitigation, vulnerability management and posture assessment across hybrid cloud, secure access service edge (SASE) and zero-trust access, plus managed detection and response and incident response services, all delivered via cloud platforms with centralized analytics and policy orchestration.
Primary buyers include enterprise IT and security teams, public sector agencies, and mid-market businesses operating hybrid cloud environments. Key outcomes driving valuation include ARR and subscription revenue growth, gross margin profile of software versus hardware, net revenue retention from upsell across platforms, customer acquisition efficiency, and contract duration. Investors also monitor deployment velocity, attach rates of adjacent modules, and operating leverage from scale.
2. Valuation Analysis: Public Trading Comps & Multiples for Enterprise Cybersecurity Software Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Enterprise Cybersecurity Software Companies sector
Comparable group 1: Enterprise Cybersecurity Software Companies
Axon Enterprise
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of public safety technology solutions, offering conducted energy weapons, body-worn cameras, in-car cameras, digital evidence management software, and virtual reality training tools to enhance law enforcement capabilities and improve community safety.
- Key Products:
- TASER Devices: Conducted energy weapons designed for law enforcement and personal protection
- Body-Worn Cameras: Wearable cameras to capture real-time video and audio evidence
- In-Car Systems: Vehicle-mounted cameras for recording traffic stops and other incidents
- Digital Evidence Management: Software for storing, managing, and analyzing digital evidence
- VR Training: Virtual reality training tools for law enforcement personnel
Cloudflare
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of web performance and security services delivering advanced solutions to protect and accelerate websites, optimize networks, and enhance application security through a global cloud platform.
- Key Products:
- Web Application Firewall: Security solution that protects web applications from online threats
- Content Delivery Network: Service to distribute content globally and speed up website performance
- DDoS Protection: Measures to safeguard websites from distributed denial-of-service attacks
- Zero Trust Services: Security framework to verify and authenticate user actions and devices
- API Management: Tools to secure, manage, and scale APIs effectively.