FPE Capital says software valuations favor durability over headline growth post-SaaSpocalypse

• FPE Capital analysis of 27 listed business application software groups finds durability now drives valuation premiums more than growth.
• Durability explains 63% of variance in ARR multiples, versus 29% for consensus 2027E revenue growth.
• Median EV/implied ARR: 8.1x for higher durability, higher growth; 4.9x for higher durability, lower growth; 2.8x for low durability.
• Higher durability, higher growth cohort down 3% year to date; low durability cohort down 27%, signaling sharper de-rating.
• Study flags weak durability-growth linkage, with a 0.28 correlation, suggesting the market prices “quality” as durability first.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FPE Capital LLP published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.