Valuation benchmarks for Enterprise Cybersecurity Software Providers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
Companies in this trading comparable group are public cybersecurity software providers delivering platforms that secure endpoints, networks, cloud workloads, identities, and data. Business models are predominantly subscription-based with high recurring revenue, augmented by managed security services and incident response. They are grouped as valuation comparables due to similar enterprise focus, platform breadth, go-to-market motions, and margin profiles typical of scaled security software vendors.
Typical capabilities include endpoint protection with EDR/XDR, next-generation firewalls and secure networking, cloud security across multi-cloud and containers, identity and access security, vulnerability management and exposure analytics, web application firewall and DDoS mitigation, managed detection and response and incident response services, plus centralized policy management, threat intelligence, and security analytics delivered via SaaS platforms.
Primary buyers are enterprise IT and security teams, mid-market businesses, and public sector organizations across regulated industries. Valuation benchmarks center on ARR and billings growth, net revenue retention and renewal rates, gross margin and services mix, and sales efficiency metrics such as CAC payback and expansion through cross-sell of adjacent modules that drive platform adoption.
2. Valuation Analysis: Public Trading Comps & Multiples for Enterprise Cybersecurity Software Providers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Enterprise Cybersecurity Software Providers sector
Description: Companies in this trading comparable group are public cybersecurity software providers delivering platforms that secure endpoints, networks, cloud workloads, identities, and data. Business models are predominantly subscription-based with high recurring revenue, augmented by managed security services and incident response. They are grouped as valuation comparables due to similar enterprise focus, platform breadth, go-to-market motions, and margin profiles typical of scaled security software vendors.
Description:
Provider of intelligent security software and services to enterprises and governments globally, leveraging artificial intelligence and machine learning to deliver solutions in cybersecurity, IoT, safety, and data privacy sectors, focusing on both endpoint management and embedded systems.
Description:
Provider of a range of products and services for IT security. Solutions cover network security, endpoint security, cloud security, mobile security, and threat intelligence, catering to enterprises, service providers, and SMEs
Key Products:
Network Security: Solutions for protecting network infrastructures with advanced threat prevention capabilities
Endpoint Security: Provides comprehensive protection for devices from cyber threats
Cloud Security: Ensures security and compliance for cloud assets
Mobile Security: Safeguards mobile devices against cyber threats
Threat Intelligence: Delivers actionable threat intelligence for proactive defense
What is the current median EV/Revenue multiple for Enterprise Cybersecurity Software Providers?
Based on our index of public trading comparables, the median Enterprise Value to Revenue (EV/Rev) multiple for the Enterprise Cybersecurity Software Providers sector is currently
β.βx.
High-growth peers in the top quartile are trading at
ββ.βx.
View full data.
What is the average EV/EBITDA multiple for companies in this sector?
Profitable companies in the Enterprise Cybersecurity Software Providers sector trade at a median EV/EBITDA multiple of
ββ.βx.
This represents a change vs the 5-year historical average.
Our platform tracks EBITDA multiples for Enterprise Cybersecurity Software Providers and other key peer groups.
How have valuation multiples for Enterprise Cybersecurity Software Providers trended over the last 5 years?
Valuations have adjusted since 2021.
The sector saw peak multiples of ββ.βx EV/Revenue, settling to a 5-year average of β.βx today.
Access our Historical Trends chart for granular monthly data.
What are recent M&A transaction multiples in the Enterprise Cybersecurity Software Providers space?
Recent precedent transactions indicate implied enterprise values ranging from
β.βx to
ββ.βx Revenue.
Private market deals often trade at a liquidity discount compared to public peers.
Unlock the full list of precedent transactions.
Which public companies are used as trading comps for Enterprise Cybersecurity Software Providers?
The primary trading comparable group includes Enterprise Cybersecurity Software Providers.
Key constituents used for benchmarking include large-cap leaders and specialized mid-cap players.
See the full list of companies in the Public Trading Comps section.
How do I value a private company in the Enterprise Cybersecurity Software Providers sector?
Valuing a private Enterprise Cybersecurity Software Providers company typically involves applying current
EV/Revenue and EV/EBITDA multiples from public peers to the private company's financial metrics.
A discount for lack of marketability (DLOM) of 20-30% is often applied.
Our private company valuation database provides the exact multiples needed for this calculation.
What are the Enterprise Cybersecurity Software Providers industry valuation multiples for 2025?
For 2025, the Enterprise Cybersecurity Software Providers industry is trading at a median EV/Revenue multiple of
β.βx.
This reflects current market sentiment, interest rates, and growth expectations.
Access our platform to see how these multiples have changed from 2024 to 2025.
What is the difference between trading comps and transaction multiples for Enterprise Cybersecurity Software Providers?
Trading comps look at how public markets value similar companies today, while
transaction multiples (or precedent transactions) look at the price paid in past M&A deals.
Transaction multiples often include a "control premium," typically resulting in higher valuations than trading comps.
Our database tracks both trading multiples and M&A transaction multiples.
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