Currently valuing a tech company that provides ERP, CRM software. Recently moved to providing SaaS (say last year). I know the 5-year projections for the company and it's YOY growth rates are around 30% rn.
What would be a good terminal growth rate I can use? I know normally we use 2% but since it's a software company and is experiencing huge growth right now, I think 2% will be a bit too understated. What do you guys think?