ForgeRock FORG
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity

ForgeRock trades at 6.1x EV/NTM revenue on a $1.79B enterprise value. Revenue grew 22.2% year over year to $58.3M in the quarter ending June 2023, an annual run rate of $233.0M. ForgeRock reports net dollar retention of 112% and a 77.5% gross margin.

ARR ($M)
251.3
Net Dollar Retention
112%
ARR Growth
24.7%
EV / NTM Revenue
6.1x
Payback Period
EV / Run Rate
7.7x
Price & Key Metrics
Price Performance
Company Details
Share Price: 23.21
Last Filing Date: 2023-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2010
IPO Year: 2021
Description
ForgeRock is a multinational identity and access management software company
Categories
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity
Valuation
Market Cap: 2,067.895
Enterprise Value: 1,785.86
EV / Revenue Run Rate: 7.7x
EV / NTM Revenue: 6.1x
EV / 2026 Revenue Estimates: 3.4x
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: 112%
Customers: --
ARR: 251.3
ARR Growth %: 25%
ARR/Customer ($K): --
ARR/Employee ($K): 272
Revenue
Revenue Run Rate: 233
ARR: 251.3
2026 Revenue Estimates: 530
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 243
Last Year Run Rate: 190
Growth
Revenue Growth: 22%
ARR Growth: 25%
Growth Persistence: 263%
2026 Revenue Growth Estimates: 48%
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is ForgeRock growing?

ForgeRock grew revenue 22.2% year over year, reaching $58.3M in the quarter ending June 2023.

What multiple does ForgeRock trade at?

ForgeRock trades at 6.1x EV/NTM revenue and 7.7x EV/run-rate, on an enterprise value of $1.79B.

Is ForgeRock profitable?

For ForgeRock, operating income was -$30.1M last quarter and LTM free cash flow margin is -16.0%.

What is ForgeRock's net dollar retention?

ForgeRock reports net dollar retention of 112%, measuring revenue expansion within its existing customer base.

What sector is ForgeRock in?

Public Comps classifies ForgeRock under Security, Infrastructure Software, Enterprise Software, B2B SaaS, and Cybersecurity.

Where does Public Comps get ForgeRock's data?

Figures come from ForgeRock's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.