Tufin Software (TUFN) reported new 7-figure deals in its recent quarterly release. Bearing in mind this feature, a revenue growth of 30% and a gross profit margin of 80%, we think that the company should trade at more than 4.14x sales. Other competitors are selling at 5x, 6x, and even 15x sales. Many of them don't release more significant revenue growth and gross profit margin than that of Tufin Software.
Business Update
Headquartered in Tel Aviv, Israel, and founded in 2005, Tufin Software Technologies Ltd. designs and sells software-based solutions for clients in