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DASH

DoorDashNYSE:DASH Stock Report

Last Price

US$128.58

Market Cap

US$45.1b

7D

-10.5%

1Y

-35.3%

Updated

18 Jan, 2022

Data

Company Financials +
DASH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DASH Stock Overview

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally.

DoorDash Competitors

Amazon.com

NasdaqGS:AMZN

US$1.6t

Waitr Holdings

NasdaqGS:WTRH

US$95.6m

Uber Technologies

NYSE:UBER

US$80.5b

Delivery Hero

XTRA:DHER

€19.3b

Price History & Performance

Summary of all time highs, changes and price drops for DoorDash
Historical stock prices
Current Share PriceUS$128.58
52 Week HighUS$257.25
52 Week LowUS$110.13
Beta0
1 Month Change-13.60%
3 Month Change-40.38%
1 Year Change-35.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO-32.15%

Recent News & Updates

Jan 14

DoorDash: Red Flags Persist

DoorDash has seen a major price retreat, currently trading 50% lower than all-time high levels. The lack of competitive advantage, an unsustainable pricing model and growth strategy are all major warning signs for investors. DoorDash still carries a pricey valuation, with a P/S multiple of 9x.

Jan 12
DoorDash, Inc. (NYSE: DASH) Still Lacks the Optimism From Insiders

DoorDash, Inc. (NYSE: DASH) Still Lacks the Optimism From Insiders

Despite a few bright moments, DoorDash, Inc. (NYSE: DASH) stock produced lackluster performance in 2021, as the stock traded flat for the year. Yet, while institutions might be bullish, our data shows that the insiders are not as optimistic.

Dec 07

Is DoorDash Stock Overvalued Or Undervalued?

DoorDash's shares are expensive on both an absolute and relative basis based on the forward Enterprise Value-to-Revenue metric. But I see DoorDash stock as fairly valued, as its expensive valuations are supported by the company's ability to achieve profitability and its market leadership. DoorDash has excellent long-term growth opportunities with respect to the expansion in foreign markets and new service categories like grocery delivery. I rate DoorDash's shares as a Hold, as positives for the company have been largely priced in.

Shareholder Returns

DASHUS Online RetailUS Market
7D-10.5%0.5%-0.3%
1Y-35.3%-17.7%13.7%

Return vs Industry: DASH underperformed the US Online Retail industry which returned -17.7% over the past year.

Return vs Market: DASH underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is DASH's price volatile compared to industry and market?
DASH volatility
DASH Average Weekly Movement9.2%
Online Retail Industry Average Movement10.4%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: DASH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DASH's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20133,886Tony Xuhttps://www.doordash.com

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015.

DoorDash Fundamentals Summary

How do DoorDash's earnings and revenue compare to its market cap?
DASH fundamental statistics
Market CapUS$45.12b
Earnings (TTM)-US$625.00m
Revenue (TTM)US$4.56b

9.7x

P/S Ratio

-70.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DASH income statement (TTM)
RevenueUS$4.56b
Cost of RevenueUS$2.13b
Gross ProfitUS$2.43b
ExpensesUS$3.06b
Earnings-US$625.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 16, 2022

Earnings per share (EPS)-1.82
Gross Margin53.36%
Net Profit Margin-13.71%
Debt/Equity Ratio0%

How did DASH perform over the long term?

See historical performance and comparison

Valuation

Is DoorDash undervalued compared to its fair value and its price relative to the market?

28.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DASH ($131.53) is trading below our estimate of fair value ($179.59)

Significantly Below Fair Value: DASH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DASH is unprofitable, so we can't compare its PE Ratio to the US Online Retail industry average.

PE vs Market: DASH is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DASH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DASH is overvalued based on its PB Ratio (9.7x) compared to the US Online Retail industry average (3.1x).


Future Growth

How is DoorDash forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

56.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DASH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: DASH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DASH's is expected to become profitable in the next 3 years.

Revenue vs Market: DASH's revenue (18.4% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: DASH's revenue (18.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DASH's Return on Equity is forecast to be low in 3 years time (4.3%).


Past Performance

How has DoorDash performed over the past 5 years?

-120.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: DASH is currently unprofitable.

Growing Profit Margin: DASH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if DASH's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare DASH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DASH is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (78.8%).


Return on Equity

High ROE: DASH has a negative Return on Equity (-13.39%), as it is currently unprofitable.


Financial Health

How is DoorDash's financial position?


Financial Position Analysis

Short Term Liabilities: DASH's short term assets ($4.7B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: DASH's short term assets ($4.7B) exceed its long term liabilities ($353.0M).


Debt to Equity History and Analysis

Debt Level: DASH is debt free.

Reducing Debt: DASH had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable DASH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DASH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 102.6% per year.


Dividend

What is DoorDash current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DASH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DASH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DASH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DASH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DASH's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Tony Xu (36 yo)

8.67yrs

Tenure

US$413,669,920

Compensation

Mr. Tony Xu is Co-Founder and serves as Chief Executive Officer and Director of DoorDash, Inc. since May 2013 and serves as Chairman since November 2020 and served as its President and Treasurer. He serves...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD413.67M) is above average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DASH's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: DASH's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DASH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.


Top Shareholders

Company Information

DoorDash, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: DoorDash, Inc.
  • Ticker: DASH
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$45.122b
  • Shares outstanding: 343.06m
  • Website: https://www.doordash.com

Number of Employees


Location

  • DoorDash, Inc.
  • South Tower
  • 8th Floor
  • San Francisco
  • California
  • 94107
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 23:08
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.