Doordash Class A Stock Fundamentals
| DASH Stock | USD 127.18 2.92 2.24% |
DoorDash Class A fundamentals help investors to digest information that contributes to DoorDash's financial success or failures. It also enables traders to predict the movement of DoorDash Stock. The fundamental analysis module provides a way to measure DoorDash's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DoorDash stock.
As of now, DoorDash's Interest Expense is increasing as compared to previous years. The DoorDash's current Reconciled Depreciation is estimated to increase to about 514.5 M, while Tax Provision is projected to decrease to (3.1 M). DoorDash | Select Account or Indicator |
DoorDash Class A Company Operating Margin Analysis
DoorDash's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current DoorDash Operating Margin | (0.04) % |
Most of DoorDash's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DoorDash Class A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
DoorDash Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, DoorDash Class A has an Operating Margin of -0.0387%. This is 100.55% lower than that of the Internet & Direct Marketing Retail sector and significantly lower than that of the Consumer Discretionary industry. The operating margin for all United States stocks is 99.3% lower than that of the firm.
DoorDash Class A Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DoorDash's current stock value. Our valuation model uses many indicators to compare DoorDash value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DoorDash competition to find correlations between indicators driving DoorDash's intrinsic value. More Info.DoorDash Class A is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . As of now, DoorDash's Return On Equity is increasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value DoorDash by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DoorDash's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DoorDash's earnings, one of the primary drivers of an investment's value.DoorDash Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DoorDash's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DoorDash could also be used in its relative valuation, which is a method of valuing DoorDash by comparing valuation metrics of similar companies.DoorDash is currently under evaluation in operating margin category among related companies.
DoorDash Fundamentals
| Return On Equity | -0.0832 | ||||
| Return On Asset | -0.0348 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 49.34 B | ||||
| Shares Outstanding | 376.76 M | ||||
| Shares Owned By Insiders | 0.69 % | ||||
| Shares Owned By Institutions | 92.47 % | ||||
| Number Of Shares Shorted | 11.32 M | ||||
| Price To Book | 8.21 X | ||||
| Price To Sales | 6.47 X | ||||
| Revenue | 8.63 B | ||||
| Gross Profit | 3.08 B | ||||
| EBITDA | (66 M) | ||||
| Net Income | (565 M) | ||||
| Cash And Equivalents | 3.81 B | ||||
| Cash Per Share | 9.82 X | ||||
| Total Debt | 522 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.12 X | ||||
| Book Value Per Share | 16.88 X | ||||
| Cash Flow From Operations | 1.67 B | ||||
| Short Ratio | 3.36 X | ||||
| Earnings Per Share | (1.41) X | ||||
| Target Price | 135.37 | ||||
| Number Of Employees | 19.3 K | ||||
| Beta | 1.79 | ||||
| Market Capitalization | 52.88 B | ||||
| Total Asset | 10.84 B | ||||
| Retained Earnings | (5.15 B) | ||||
| Working Capital | 2.19 B | ||||
| Net Asset | 10.84 B |
About DoorDash Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DoorDash Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DoorDash using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DoorDash Class A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 308 M | 167.4 M | |
| Total Revenue | 8.6 B | 4.4 B | |
| Cost Of Revenue | 4.6 B | 2.3 B | |
| Stock Based Compensation To Revenue | 0.13 | 0.08 | |
| Sales General And Administrative To Revenue | 0.14 | 0.22 | |
| Research And Ddevelopement To Revenue | 0.12 | 0.13 | |
| Capex To Revenue | (0.04) | (0.04) | |
| Revenue Per Share | 21.97 | 23.07 | |
| Ebit Per Revenue | (0.07) | (0.07) |
DoorDash Investors Sentiment
The influence of DoorDash's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DoorDash. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to DoorDash's public news can be used to forecast risks associated with an investment in DoorDash. The trend in average sentiment can be used to explain how an investor holding DoorDash can time the market purely based on public headlines and social activities around DoorDash Class A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
DoorDash's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DoorDash's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DoorDash's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DoorDash.
DoorDash Implied Volatility | 79.12 |
DoorDash's implied volatility exposes the market's sentiment of DoorDash Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DoorDash's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DoorDash stock will not fluctuate a lot when DoorDash's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DoorDash in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DoorDash's short interest history, or implied volatility extrapolated from DoorDash options trading.
Pair Trading with DoorDash
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DoorDash position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DoorDash will appreciate offsetting losses from the drop in the long position's value.Moving together with DoorDash Stock
| 0.8 | W | Wayfair Financial Report 2nd of May 2024 | PairCorr |
| 0.79 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.61 | VIPS | Vipshop Holdings Financial Report 28th of May 2024 | PairCorr |
Moving against DoorDash Stock
| 0.8 | BIG | Big Lots Financial Report 24th of May 2024 | PairCorr |
| 0.76 | PDD | Pinduoduo Sell-off Trend | PairCorr |
| 0.6 | WEYS | Weyco Group | PairCorr |
| 0.53 | GLBE | Global E Online Financial Report 27th of May 2024 | PairCorr |
| 0.48 | ETSY | Etsy Inc Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to DoorDash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoorDash when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DoorDash - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DoorDash Class A to buy it.
The correlation of DoorDash is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DoorDash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoorDash Class A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DoorDash can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out DoorDash Piotroski F Score and DoorDash Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for DoorDash Stock analysis
When running DoorDash's price analysis, check to measure DoorDash's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DoorDash is operating at the current time. Most of DoorDash's value examination focuses on studying past and present price action to predict the probability of DoorDash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoorDash's price. Additionally, you may evaluate how the addition of DoorDash to your portfolios can decrease your overall portfolio volatility.
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Is DoorDash's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoorDash. If investors know DoorDash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoorDash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.41) | Revenue Per Share 21.975 | Quarterly Revenue Growth 0.267 | Return On Assets (0.03) | Return On Equity (0.08) |
The market value of DoorDash Class A is measured differently than its book value, which is the value of DoorDash that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash's value that differs from its market value or its book value, called intrinsic value, which is DoorDash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoorDash's market value can be influenced by many factors that don't directly affect DoorDash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoorDash's value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.