Goldenhill’s HRTech Index

Public company data is the best starting point when valuating businesses, therefore we have created two indices based on the leading public companies in each of these sectors to monitor and track valuation trends in the HRTech and FinTech markets as well as their relative performance to the broader markets over time.

Goldenhill's HRTech Index

Our quarterly HRTech index tracks the relative share price performance of the publicly listed companies in the industry.

q4-hr-tech-index Download HRTech Index
HRTech Index | Goldenhill International M&A Advisors

Overview of market performance

Goldenhill’s HRTech Market Capitalisation Index for 2021 Q3 is up 28.9% from last year, slightly underperforming the S&P 500 during the same period.

  • Goldenhill’s HRTech Market Cap Index is comprised of the 13 largest public HRTech companies by market capitalization.
  • With the proliferation of a global vaccine rollout and a shift to remote working, HRtech companies have been positioned well during the recovery, with the HR Tech Index increasing 20% at the end of 2020.
  • However, the HRTech Market Cap Index grew 6% from the first quarter of 2021
  • Over the period from 2016, the HRTech Market Cap Index grew 141.92% as of the end of 2020. By Sept 2021, the overall growth increased to 174.89%.