PlanetScope Business Model and Operating Leverage
30
30
Valuation Benchmarking
...
8x
33x
EV/CY2023E Revenue
Median: 22x
24x
22x
22x
planet.
Q Palantir
CLOUDFLARE
0.15x
DATADOG
mongoDB.
Growth Adjusted EV/CY2023E Revenue¹
Median: 0.65x
21x
19x
15x
unity
Z zoominfo
BB twilio
1.09x
0.94x
0.82x
0.65x
0.65x
0.55x
0.43x
planet.
QPalantir
unity
CLOUDFLARE
mongoDB.
twilio
Z zoominfo
DATADOG
Data Analytics & Infrastructure
Source: Company filings, Wall Street Research, Management Estimates, IBES estimates; market data as of 22-Jun-2021
Note: Peer estimates calendarized to December year end, Planet projections reflect FY metrics (FYE January 31st). Planet multiples based on pro forma Enterprise Value of $2,250mm.
Calculated as EV/Revenue multiple divided by (CY2022E-CY2024E Revenue CAGR *100).
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