Docusign Stock Fundamentals
| DOCU Stock | USD 57.29 0.58 1.02% |
DocuSign fundamentals help investors to digest information that contributes to DocuSign's financial success or failures. It also enables traders to predict the movement of DocuSign Stock. The fundamental analysis module provides a way to measure DocuSign'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 DocuSign stock.
At this time, DocuSign's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 77.7 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 746.3 M in 2024. DocuSign | Select Account or Indicator |
DocuSign Company Operating Margin Analysis
DocuSign'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 DocuSign Operating Margin | 0.01 % |
Most of DocuSign'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, DocuSign 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 |
DocuSign Pretax Profit Margin
Pretax Profit Margin |
|
Based on the recorded statements, DocuSign has an Operating Margin of 0.0088%. This is 100.1% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The operating margin for all United States stocks is 100.16% lower than that of the firm.
DocuSign Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DocuSign's current stock value. Our valuation model uses many indicators to compare DocuSign value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DocuSign competition to find correlations between indicators driving DocuSign's intrinsic value. More Info.DocuSign is rated # 5 in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for DocuSign is roughly 6.47 . At this time, DocuSign's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value DocuSign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DocuSign'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 DocuSign's earnings, one of the primary drivers of an investment's value.DocuSign Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DocuSign'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 DocuSign could also be used in its relative valuation, which is a method of valuing DocuSign by comparing valuation metrics of similar companies.DocuSign is currently under evaluation in operating margin category among related companies.
DocuSign Fundamentals
| Return On Equity | 0.0847 | ||||
| Return On Asset | 0.0131 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 10.57 B | ||||
| Shares Outstanding | 204.75 M | ||||
| Shares Owned By Insiders | 0.99 % | ||||
| Shares Owned By Institutions | 79.64 % | ||||
| Number Of Shares Shorted | 8.38 M | ||||
| Price To Earning | (14.00) X | ||||
| Price To Book | 10.71 X | ||||
| Price To Sales | 4.38 X | ||||
| Revenue | 2.76 B | ||||
| Gross Profit | 1.98 B | ||||
| EBITDA | 178.39 M | ||||
| Net Income | 73.98 M | ||||
| Cash And Equivalents | 994.72 M | ||||
| Cash Per Share | 4.95 X | ||||
| Total Debt | 143.05 M | ||||
| Debt To Equity | 2.10 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 5.50 X | ||||
| Cash Flow From Operations | 1 B | ||||
| Short Ratio | 2.27 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Price To Earnings To Growth | 0.53 X | ||||
| Target Price | 65.61 | ||||
| Number Of Employees | 6.84 K | ||||
| Beta | 0.88 | ||||
| Market Capitalization | 11.61 B | ||||
| Total Asset | 2.97 B | ||||
| Retained Earnings | (1.67 B) | ||||
| Working Capital | (92.95 M) | ||||
| Current Asset | 521.56 M | ||||
| Current Liabilities | 387.2 M | ||||
| Net Asset | 2.97 B |
About DocuSign Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DocuSign's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DocuSign using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DocuSign 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 | 1.3 B | 706.1 M | |
| Total Revenue | 2.8 B | 1.4 B | |
| Cost Of Revenue | 572.6 M | 326.3 M | |
| Stock Based Compensation To Revenue | 0.22 | 0.17 | |
| Sales General And Administrative To Revenue | 0.15 | 0.19 | |
| Research And Ddevelopement To Revenue | 0.20 | 0.23 | |
| Capex To Revenue | (0.03) | (0.04) | |
| Revenue Per Share | 13.53 | 7.71 | |
| Ebit Per Revenue | 0.02 | 0.02 |
Pair Trading with DocuSign
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 DocuSign 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 DocuSign will appreciate offsetting losses from the drop in the long position's value.Moving against DocuSign Stock
| 0.46 | ZI | ZoomInfo Technologies Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to DocuSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DocuSign 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 DocuSign - 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 DocuSign to buy it.
The correlation of DocuSign 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 DocuSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DocuSign 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 DocuSign 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 DocuSign Piotroski F Score and DocuSign Altman Z Score analysis. For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.Note that the DocuSign information on this page should be used as a complementary analysis to other DocuSign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for DocuSign Stock analysis
When running DocuSign's price analysis, check to measure DocuSign'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 DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is DocuSign'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 DocuSign. If investors know DocuSign 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 DocuSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.985 | Earnings Share 0.36 | Revenue Per Share 13.534 | Quarterly Revenue Growth 0.08 | Return On Assets 0.0131 |
The market value of DocuSign is measured differently than its book value, which is the value of DocuSign that is recorded on the company's balance sheet. Investors also form their own opinion of DocuSign's value that differs from its market value or its book value, called intrinsic value, which is DocuSign'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 DocuSign's market value can be influenced by many factors that don't directly affect DocuSign'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 DocuSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocuSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocuSign'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.