Valuation Trading Multiples & Precedent Transactions: Enterprise Network Security Companies
Valuation benchmarks for Enterprise Network Security Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Enterprise Network Security Companies Market Context & Valuation Drivers
Companies in this trading comparable group are public cybersecurity vendors delivering network and application security platforms to enterprise customers. They monetize through subscription software, cloud-delivered services, hardware appliances, and maintenance and professional services. Grouped as comparables, they address similar attack surfacesβperimeter, internal network, endpoints, and applicationsβwith scalable, high-recurring revenue models and global enterprise goβtoβmarket, providing valuation benchmarks for network security pure-plays and adjacent platform leaders.
Typical capabilities span nextβgeneration firewalls for traffic inspection and threat prevention, secure access service edge and zero trust network access for remote connectivity, web application and API protection with DDoS mitigation, vulnerability management with continuous scanning and prioritization, SOC services integrating SIEM, EDR/NDR, TIP and SOAR, and managed security with threat intelligence. Offerings are delivered as cloud subscriptions, virtual appliances, hardware devices, and integrated security management platforms.
Primary buyers include large enterprises, public sector agencies, and telecom/cloud service providers operating missionβcritical networks. Valuation benchmarks emphasize ARR growth, recurring revenue mix, gross margin profile, and net revenue retention, alongside customer scale and deal expansion. Outcomes sought include reduced breach risk, improved application uptime, regulatory compliance, and operational efficiency, supported by multiβproduct adoption and attach rates for managed services.
2. Valuation Analysis: Public Trading Comps & Multiples for Enterprise Network Security Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Enterprise Network Security Companies sector
Comparable group 1: Enterprise Network Security Companies
Qihoo 360
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of internet security solutions, offering products like antivirus software, secure browsers, and mobile safety applications, aimed at protecting digital environments and enhancing cybersecurity for global users.
- Key Products:
- Internet Security: Comprehensive tools to protect internet and mobile environments from threats and malware
- Mobile Applications: 360 Mobile Assistant offers a wide range of applications for security and productivity
- Secure Browsers: Software ensuring safe and private browsing experiences
- Antivirus Software: Programs like 360 Safeguard and 360 Mobile Safe for real-time protection
- Smart Home Solutions: Innovations supporting smart living with security technology.
QiAnXin
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of enterprise-class cybersecurity products specializing in next generation solutions for businesses, central government departments, and large banks, enhancing cyber defense with advanced threat intelligence and security operations.
- Key Products:
- Security Operations Center: Customized SOC services integrating SIEM, EDR, NDR, VM, TIP, and SOAR for adaptive and efficient cybersecurity
- Advanced Threat Detection: Incorporates threat intelligence and security analytics to detect and neutralize advanced threats
- Zero Trust Solutions: Secure enterprise systems ensuring no intruder access, focusing on resource secure access
- Anti-Virus and Security Software: Provides comprehensive protection against malware and cyber attacks ensuring defense for systems
- Threat Intelligence Platform: Provides real-time data on emerging threats to inform security decisions.