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DOCU

DocuSignNasdaqGS:DOCU Stock Report

Last Price

US$124.44

Market Cap

US$24.6b

7D

-4.7%

1Y

-51.0%

Updated

21 Jan, 2022

Data

Company Financials +
DOCU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DOCU Stock Overview

DocuSign, Inc. provides cloud based software in the United States and internationally.

DocuSign Competitors

Adobe

NasdaqGS:ADBE

US$243.1b

Citrix Systems

NasdaqGS:CTXS

US$12.8b

Dropbox

NasdaqGS:DBX

US$9.2b

Box

NYSE:BOX

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for DocuSign
Historical stock prices
Current Share PriceUS$124.44
52 Week HighUS$314.76
52 Week LowUS$123.71
Beta0.81
1 Month Change-19.32%
3 Month Change-54.71%
1 Year Change-51.00%
3 Year Change166.41%
5 Year Changen/a
Change since IPO213.21%

Recent News & Updates

Jan 17

Insider Weekends: Daniel Springer Buys More DocuSign

Mr. Springer buys shares of DocuSign again about a month after his first purchase. After the recent pullback in growth stocks and specifically software-as-a-service (SaaS) companies, many of these companies are down 60% or more from their peaks and insiders have started buying. Another interesting SaaS insider purchase last week was the purchase of Seattle-based productivity software company SmartSheet by its Director James White.

Jan 10

DocuSign: Cathie Wood Reverses Course

When shares plunged, Ark Invest added significantly. Last week, ARKK started liquidating its position. Shares could hit a new low with further market weakness.

Jan 09
Is Now An Opportune Moment To Examine DocuSign, Inc. (NASDAQ:DOCU)?

Is Now An Opportune Moment To Examine DocuSign, Inc. (NASDAQ:DOCU)?

DocuSign, Inc. ( NASDAQ:DOCU ) received a lot of attention from a substantial price movement on the NASDAQGS over the...

Shareholder Returns

DOCUUS SoftwareUS Market
7D-4.7%-2.1%-4.0%
1Y-51.0%9.6%6.6%

Return vs Industry: DOCU underperformed the US Software industry which returned 10.2% over the past year.

Return vs Market: DOCU underperformed the US Market which returned 7.7% over the past year.

Price Volatility

Is DOCU's price volatile compared to industry and market?
DOCU volatility
DOCU Average Weekly Movement14.1%
Software Industry Average Movement8.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: DOCU is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: DOCU's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20035,630Dan Springerhttps://www.DocuSign.com

DocuSign, Inc. provides cloud based software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they’re signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management.

DocuSign Fundamentals Summary

How do DocuSign's earnings and revenue compare to its market cap?
DOCU fundamental statistics
Market CapUS$24.62b
Earnings (TTM)-US$111.94m
Revenue (TTM)US$1.96b

12.6x

P/S Ratio

-220.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DOCU income statement (TTM)
RevenueUS$1.96b
Cost of RevenueUS$428.43m
Gross ProfitUS$1.53b
ExpensesUS$1.64b
Earnings-US$111.94m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.57
Gross Margin78.11%
Net Profit Margin-5.72%
Debt/Equity Ratio304.9%

How did DOCU perform over the long term?

See historical performance and comparison

Valuation

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

32.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DOCU ($124.44) is trading below our estimate of fair value ($183.35)

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


Price To Earnings Ratio

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

PE vs Market: DOCU 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 DOCU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DOCU is overvalued based on its PB Ratio (102.8x) compared to the US Software industry average (4.9x).


Future Growth

How is DocuSign forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

63.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: DOCU's revenue (19.4% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: DOCU's revenue (19.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DOCU's Return on Equity is forecast to be very high in 3 years time (62.2%).


Past Performance

How has DocuSign performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOCU is currently unprofitable.

Growing Profit Margin: DOCU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DOCU is unprofitable, but has reduced losses over the past 5 years at a rate of 4.8% per year.

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

Earnings vs Industry: DOCU is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20%).


Return on Equity

High ROE: DOCU has a negative Return on Equity (-46.73%), as it is currently unprofitable.


Financial Health

How is DocuSign's financial position?


Financial Position Analysis

Short Term Liabilities: DOCU's short term assets ($1.2B) do not cover its short term liabilities ($1.3B).

Long Term Liabilities: DOCU's short term assets ($1.2B) exceed its long term liabilities ($910.6M).


Debt to Equity History and Analysis

Debt Level: DOCU has more cash than its total debt.

Reducing Debt: Insufficient data to determine if DOCU's debt to equity ratio has reduced over the past 5 years.


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 DOCU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DOCU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.3% per year.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DOCU'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 DOCU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOCU'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 DOCU's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

  • Explore strong dividend paying companies in the Software industry.

Management

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

2.2yrs

Average management tenure


CEO

Dan Springer (58 yo)

5yrs

Tenure

US$19,799,168

Compensation

Mr. Daniel D. Springer, also known as Dan, serves as an Independent Director of UiPath Inc. since March 2021. Mr. Springer has been Chief Executive Officer, President and Member of the Board of Directors a...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD19.80M) is above average for companies of similar size in the US market ($USD11.31M).

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


Leadership Team

Experienced Management: DOCU's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: DOCU's board of directors are considered experienced (5.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: DOCU insiders have bought more shares than they have sold 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 3.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: DocuSign, Inc.
  • Ticker: DOCU
  • Exchange: NasdaqGS
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$24.624b
  • Shares outstanding: 197.88m
  • Website: https://www.DocuSign.com

Number of Employees


Location

  • DocuSign, Inc.
  • 221 Main Street
  • Suite 1550
  • San Francisco
  • California
  • 94105
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:04
End of Day Share Price2022/01/20 00:00
Earnings2021/10/31
Annual Earnings2021/01/31


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.