Software Ratings v3 (0 to 100) across 250 public software companies

Each eligible software company receives one 0 to 100 score from reported SEC fundamentals. Rated companies sit in a band from Leader to Laggard. Pricing and valuation stay in single-name research.

How the 0 to 100 score and bands work

• Score (0 to 100) = 45% R&D rank + 35% Profit rank + 20% Payback rank. Each rank is a percentile across eligible names, and 100 is best.
• Bands (Leader to Laggard): 80 to 100 Leader; 60 to 79 Strong; 40 to 59 Neutral; 20 to 39 Weak; 0 to 19 Laggard.