197 companies|as of 04/04/2026|gov bond yield: 4.31%|erp: 4.75%|unlevered beta: 1.08|relevered beta: 1.08
Shenzhen InfoGem Technologies23.22%
IREN18.82%
Hut 818.23%
Riot Platforms15.88%
MicroStrategy15.47%
Shopify14.83%
Marathon Digital Holdings14.11%
Shenzhen Fortune Trend technology14.10%
AppLovin13.73%
Aurora Innovation13.64%
Jiangsu Hoperun Software13.06%
SenseTime Group12.93%
Thunder Software Technology12.92%
Vobile Group12.54%
C3.ai12.45%
CleanSpark12.21%
Cipher Mining12.14%
Unity Software12.01%
Lightspeed Commerce12.00%
Adeia12.00%
Longshine Technology Group12.00%
Wondershare Technology Group11.94%
Fujian Foxit Software Development Joint Stock11.92%
Shanghai Stonehill Technology11.89%
Shenzhen Kingdom Sci-Tech11.80%
Lyft11.78%
Sinodata11.76%
Doushen (Beijing) Education & Technology11.62%
Piesat Information Technology11.30%
Qiming Information Technology11.24%
Global Infotech11.23%
Palantir Technologies11.20%
InterDigital11.15%
Zwsoft11.09%
Beijing Shiji Information Technology10.99%
Tansun Technology10.95%
Montnets Cloud Technology Group10.92%
Intellect Design Arena10.89%
Glodon Company10.85%
Sichuan Jiuyuan Yinhai Software.Co.,Ltd10.82%
Objective Corporation10.78%
WiseTech Global10.74%
Adobe10.70%
Semrush Holdings10.65%
iFLYTEK10.63%
Samsara10.63%
Hundsun Technologies10.62%
Geovis Technology10.62%
Amplitude10.60%
Client Service International10.58%
Anhui ZhongDianXinLong Science and Technology10.52%
Sinch10.52%
ArcSoft Corporation10.48%
Genimous Technology10.48%
Abaxx Technologies10.47%
China National Software & Service Company10.46%
HubSpot10.45%
Autodesk10.42%
Q2 Holdings10.40%
Fujian Apex Software10.39%
SeeWay.ai10.38%
IReader Technology10.37%
Newgen Software Technologies10.29%
Shenzhen Tianyuan DIC Information Technology10.23%
YGSOFT10.22%
Inspur Digital Enterprise Technology10.19%
Bill.com Holdings10.09%
Xero10.08%
Datadog9.99%
monday.com9.97%
Zeta Global Holdings9.96%
Cellebrite DI9.93%
Bitdeer Technologies9.92%
Beijing SuperMap Software9.90%
Newborn Town9.88%
Beijing Kingsoft Office Software9.86%
Iress9.80%
Snowflake9.78%
Yonyou Network Technology9.77%
Newland Digital Technology9.77%
Aisino9.73%
Salesforce9.73%
AvePoint9.70%
Bingo Software9.69%
Five99.67%
Neusoft9.66%
Guangzhou Sie Consulting9.63%
ATOSS Software9.60%
Fair Isaac9.59%
SAP9.56%
LiveRamp Holdings9.56%
Intuit9.56%
Uber Technologies9.54%
Workday9.51%
JFrog9.49%
Temenos9.47%
Technology One9.42%
Clear Secure9.41%
Business-intelligence of Oriental Nations Corporation9.38%
Pegasystems9.37%
Asana9.32%
ServiceNow9.28%
Sansan9.28%
Guidewire Software9.22%
Beijing E-Hualu Information Technology9.22%
Manhattan Associates9.21%
Kingdee International Software Group Company9.21%
Sinosoft9.20%
Yext9.19%
SoftwareONE Holding9.18%
Totvs9.16%
Elastic9.15%
Karooooo9.12%
ePlus9.10%
Grab Holdings9.05%
DocuSign9.04%
Atlassian9.04%
Tata Elxsi9.01%
Bentley Systems8.99%
Synopsys8.96%
Lumine Group8.96%
PTC8.90%
Pinming Technology8.86%
NextNav8.84%
Tyler Technologies8.81%
Confluent8.80%
Oracle Financial Services Software8.76%
Rakus8.76%
Sapiens International Corporation8.73%
Braze8.72%
Zoom Communications8.69%
Freshworks8.65%
Weaver Network Technology8.63%
VusionGroup8.63%
GitLab8.61%
Servyou Software Group8.57%
AppFolio8.55%
Lectra8.52%
ACI Worldwide8.46%
Dynatrace8.40%
BlackLine8.39%
Magic Software Enterprises8.38%
Mony8.38%
PagerDuty8.37%
Kinaxis8.35%
Nemetschek8.35%
Alarm.com Holdings8.32%
Vertex8.32%
Guo Tai Epoint Software8.27%
Match Group8.25%
EverCommerce8.21%
Sprinklr8.20%
RingCentral8.19%
Rumble8.16%
Box8.13%
freee K.K8.13%
Workiva8.05%
Constellation Software7.98%
Dassault Systèmes7.97%
SS&C Technologies Holdings7.95%
Intapp7.90%
Money Forward7.89%
Commvault Systems7.87%
SPS Commerce7.84%
Linewell Software7.82%
Roper Technologies7.80%
Shanghai Baosight Software7.58%
Vitec Software Group7.56%
Nutanix7.55%
Blackbaud7.52%
Clearwater Analytics Holdings7.52%
PT GoTo Gojek Tokopedia7.50%
nCino7.50%
JustSystems7.42%
Systena7.23%
Agilysys, Inc.7.23%
Alkami Technology7.20%
NCR Voyix7.18%
Jamf Holding7.09%
Global Business Travel Group7.09%
CCC Intelligent Solutions Holdings7.08%
NICE6.99%
ZoomInfo Technologies6.97%
Douzone Bizon6.86%
OBIC Business Consultants6.82%
Open Text6.75%
Descartes Systems Group6.73%
Bytes Technology6.70%
Computershare6.41%
Sage6.38%
74software6.32%
Grindr6.25%
TeamViewer6.18%
Northern Data6.13%
Progress Software5.90%
Oracle Corporation Japan5.87%
Shandong Hi-Speed Holdings Group5.47%
methodology
WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.
Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).
Data is updated daily. Read our full methodology on the sources page.