Docusign Stock Current Valuation
| DOCU Stock | USD 56.71 0.87 1.56% |
Valuation analysis of DocuSign helps investors to measure DocuSign's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, DocuSign's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 81.62 in 2024, whereas Enterprise Value is likely to drop slightly above 4.3 B in 2024. Fundamental drivers impacting DocuSign's valuation include:
Price Book 10.7077 | Enterprise Value 10.6 B | Enterprise Value Ebitda 57.2359 | Price Sales 4.3807 | Forward PE 18.2482 |
Overvalued
Today
Please note that DocuSign's price fluctuation is very steady at this time. Calculation of the real value of DocuSign is based on 3 months time horizon. Increasing DocuSign's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for DocuSign is useful when determining the fair value of the DocuSign stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of DocuSign. Since DocuSign is currently traded on the exchange, buyers and sellers on that exchange determine the market value of DocuSign Stock. However, DocuSign's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 56.71 | Real 54.42 | Target 64.42 | Hype 56.71 | Naive 55.58 |
The real value of DocuSign Stock, also known as its intrinsic value, is the underlying worth of DocuSign Company, which is reflected in its stock price. It is based on DocuSign's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of DocuSign's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence DocuSign's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of DocuSign helps investors to forecast how DocuSign stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of DocuSign more accurately as focusing exclusively on DocuSign's fundamentals will not take into account other important factors: DocuSign Company Current Valuation Analysis
DocuSign's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current DocuSign Current Valuation | 10.57 B |
Most of DocuSign's fundamental indicators, such as Current Valuation, 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.
DocuSign Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for DocuSign is extremely important. It helps to project a fair market value of DocuSign Stock properly, considering its historical fundamentals such as Current Valuation. Since DocuSign's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DocuSign's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DocuSign's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, DocuSign has a Current Valuation of 10.57 B. This is 45.29% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 36.44% higher than that of the company.
DocuSign Current Valuation 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 Current Valuation 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 current valuation 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.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
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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.