Infrastructure software stocks with the lowest price to sales ratio

Ranked

175

of 206 infrastructure software stocks we cover

Median

3.4×

Lowest

0.1×

UPLD

Range

0.1× to 86.1×

#	Company	P/S	Net margin	Revenue growth (TTM)	Market cap
1	UPLDUpland Software	0.1×	−18.5%	−21.5%	$11.7M
2	MYSZMy Size	0.1×	−66.7%	+67.3%	$757.6K
3	UISUnisys	0.1×	−21.7%	−0.6%	$184.5M
4	SKILSkillsoft	0.1×	−36.1%	−4.0%	$48M
5	PARABanzai International	0.1×	n/m	+19.6%	$1.5M
6	STEMStem	0.2×	−49.4%	−5.1%	$29M
7	MYPSPLAYSTUDIOS	0.2×	−20.6%	−13.3%	$45.6M
8	RIMEAlgorhythm	0.2×	n/m	−9.4%	$1.8M
9	KDKyndryl	0.2×	0.6%	−0.6%	$3.2B
10	SNALSnail	0.2×	−11.2%	−5.6%	$20.1M
11	INSEInspired Entertainment	0.3×	−3.3%	−6.5%	$83.6M
12	RBBNRibbon Communications	0.3×	2.0%	−7.6%	$250.4M
13	CREXCreative Realities	0.4×	−29.3%	+50.0%	$29.5M
14	WYYWidepoint	0.4×	−0.8%	+9.7%	$68.1M
15	HUCKHuckleberry.ai	0.5×	−13.4%	−1.0%	$145.8M
16	DHDefinitive Healthcare	0.5×	−72.3%	−5.0%	$115.3M
17	XPERXperi	0.6×	−7.1%	−3.9%	$252.6M
18	BLINBridgeline Digital	0.6×	−8.6%	+1.6%	$9M
19	CCLDCareCloud	0.6×	6.2%	+15.1%	$75.2M
20	IVDAIveda Solutions	0.6×	−69.2%	−36.0%	$2.9M
21	MRDNMeridian	0.7×	−42.6%	+14.1%	$131.1M
22	BKYIBio Key International	0.7×	−90.1%	−3.1%	$4.9M
23	SMSISmith Micro Software	0.8×	−92.6%	−9.5%	$13M
24	GXAIGaxos.Ai	0.8×	−64.8%	n/m	$4.9M
25	MBLYMobileye Global	0.8×	n/m	+5.0%	$1.7B
26	SAICScience Applications International	0.8×	5.1%	−0.8%	$6.1B
27	PSNParsons	0.8×	2.5%	−5.8%	$5.2B
28	CMRCCommerce.com	0.9×	−1.7%	+2.8%	$295M
29	SLESuper League Enterprise	0.9×	n/m	−14.3%	$9.9M
30	CXAICXApp	0.9×	n/m	−20.4%	$4.3M
31	MKTWMarketwise	0.9×	0.7%	−11.3%	$297M
32	LDOSLeidos	1.0×	7.8%	+3.4%	$17.1B
33	GTMZoomInfo Technologies	1.0×	−43.0%	+2.7%	$1.3B
34	SSTISoundthinking	1.1×	−16.9%	−5.7%	$110M
35	AWREAware	1.1×	−51.9%	+1.7%	$18.9M
36	RPDRapid7	1.2×	2.4%	+0.1%	$1B
37	KLTRKaltura	1.2×	−6.9%	−0.2%	$219.7M
38	CRNCCerence	1.2×	−5.0%	+25.8%	$377.2M
39	INLXIntellinetics	1.2×	−17.6%	−5.5%	$19.8M
40	NTWKNetsol Technologies	1.3×	4.0%	+12.5%	$93.9M
41	OTEXOpen Text	1.3×	12.3%	+1.5%	$6.8B
42	CSPICSP	1.3×	−1.2%	−0.7%	$73.8M
43	MCHXMarchex	1.3×	−12.4%	−7.5%	$57.2M
44	DDD3D Systems	1.3×	−14.2%	−6.2%	$505.1M
45	ASURAsure Software	1.4×	−5.4%	+24.3%	$212.6M
46	CACICaci International	1.5×	5.6%	+10.9%	$14B
47	COURCoursera	1.5×	−15.4%	+22.7%	$1.3B
48	MSGMMotorsport Games	1.5×	16.2%	+78.6%	$22.5M
49	SMRTSmartRent	1.6×	−13.0%	−2.8%	$237.6M
50	SPTSprout Social	1.6×	−6.1%	+11.8%	$779.2M
51	EGANEGAIN	1.6×	9.7%	+3.1%	$148.7M
52	GDYNGrid Dynamics	1.7×	0.7%	+8.6%	$701.7M
53	EXFYExpensify	1.7×	−11.3%	−4.3%	$236.2M
54	BANDBandwidth	1.7×	0.3%	+9.3%	$1.4B
55	CXMSprinklr	1.8×	2.7%	+6.3%	$1.6B
56	FNGRFingerMotion	1.8×	n/m	−77.8%	$14.4M
57	NABLN-able	1.8×	−1.3%	+10.1%	$967.2M
58	XYZBlock	1.8×	1.4%	+5.1%	$45.9B
59	TLSTelos	1.9×	−8.1%	+65.9%	$364M
60	PRGSProgress Software	1.9×	n/m	+6.4%	$1.9B
61	TDCTeradata	1.9×	27.1%	+1.0%	$3.2B
62	CCSIConsensus Cloud Solutions	1.9×	26.7%	+1.5%	$686.6M
63	LAWCS Disco	2.0×	−24.2%	+12.9%	$329.1M
64	IDNIntellicheck	2.1×	13.0%	+16.7%	$49.5M
65	IIIVi3 Verticals	2.1×	3.9%	−0.4%	$457.2M
66	BLKBBlackbaud	2.2×	13.1%	+0.7%	$2.5B
67	WEAVWeave Communications	2.3×	−8.0%	+16.7%	$592M
68	GEGGreat Elm	2.4×	n/m	+70.2%	$67.2M
69	AEYEAudioeye	2.4×	−10.9%	+9.8%	$101.6M
70	BILLBill.com	2.6×	−0.7%	+13.0%	$4.3B
71	EVCMEverCommerce	2.7×	5.7%	+4.2%	$1.6B
72	BLBlackline	2.8×	4.7%	+8.6%	$2B
73	TOSTToast	2.8×	7.1%	+23.0%	$18.9B
74	PDPagerDuty	2.8×	37.2%	+2.3%	$1.4B
75	GDDYGoDaddy	2.8×	17.8%	+7.4%	$14.3B
76	SVCOSilvaco	2.8×	−30.4%	+31.9%	$203.3M
77	MQMarqeta	2.9×	1.5%	+22.4%	$2B
78	GENGen Digital	2.9×	20.7%	+20.2%	$14.9B
79	ALRMAlarm.com	3.0×	11.1%	+8.7%	$3.1B
80	WFCFWhere Food Comes From	3.0×	5.8%	−2.2%	$74.6M
81	OSPNOneSpan	3.0×	27.8%	+2.4%	$744M
82	ACIWACI Worldwide	3.1×	12.4%	+7.0%	$5.6B
83	AKAMAkamai Technologies	3.1×	9.5%	+5.9%	$13.4B
84	VERXVertex	3.2×	0.5%	+10.8%	$2.5B
85	NTCTNetscout Systems	3.3×	13.7%	+5.8%	$2.9B
86	BLZEBackblaze	3.3×	−13.1%	+13.9%	$516.2M
87	ASANAsana	3.3×	−18.6%	+9.5%	$2.8B
88	DBXDropbox	3.4×	17.5%	−0.0%	$8.5B
89	ALKTAlkami Technology	3.5×	−9.2%	+27.1%	$1.7B
90	FATNFatpipe	3.7×	n/m	+23.2%	$75.3M
91	CERTCertara	3.9×	−16.7%	+3.8%	$1.6B
92	NCNOnCino	3.9×	5.4%	+8.6%	$2.4B
93	CRWVCoreWeave	3.9×	−25.4%	+115.3%	$29.9B
94	CCCCCC Intelligent Solutions	4.1×	3.8%	+11.6%	$4.5B
95	AISPAirship AI	4.1×	n/m	+32.2%	$74.4M
96	AUIDauthID	4.2×	n/m	−42.0%	$5.4M
97	PATHUiPath	4.3×	21.0%	+15.0%	$7.4B
98	SPSCSPS Commerce	4.3×	10.1%	+9.8%	$3.3B
99	KVYOKlaviyo	4.3×	0.5%	+28.9%	$6B
100	IDAIT Stamp	4.5×	n/m	+2.1%	$15.3M

The first 100 of 175.

Not ranked: 5 with not a meaningful number, 1 with a quarter missing, 1 with a value above 100× (too small a base to compare), 1 with a value too high to mean anything. 22 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.