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DocuSign Inc DOCU

Morningstar Rating
$47.34 +1.28 (2.78%)
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Company Report

DocuSign Is Taking E-Signatures to the Next Level

As the leader in electronic signatures and contract life cycle management software, we think DocuSign has a long runway for growth through viral adoption in greenfield opportunities. We also see existing customers adopting more use cases and expanding seats over time, and also moving to the Agreement Cloud platform.

Price vs Fair Value

DOCU is trading at a 38% discount.
Price
$46.07
Fair Value
$57.00
Uncertainty
Very High
1-Star Price
$382.60
5-Star Price
$49.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

DocuSign is the market leader in e-signatures and is expanding to a broader contract life cycle management solution.

Bears

Given its May 2018 IPO, DocuSign has limited operating history. While the company reported positive non-GAAP profitability for the first time in fiscal 2019, the company is not yet profitable on a GAAP basis.

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News

Trading Information

Previous Close Price
$46.06
Day Range
$46.7149.09
52-Week Range
$38.1169.45
Bid/Ask
$47.36 / $47.58
Market Cap
$9.62 Bil
Volume/Avg
8.0 Mil / 3.7 Mil

Key Statistics

Price/Earnings (Normalized)
17.31
Price/Sales
3.56
Dividend Yield
Dividend Yield (Forward)
Total Yield
1.16%

Company Profile

DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
Sector
Technology
Industry
Software - Application
Stock Style Box
Mid Growth
Total Number of Employees
7,336

Competitors

Valuation

Metric
DOCU
CRM
ADBE
Price/Earnings (Normalized)
17.3131.9739.10
Price/Book Value
11.044.1917.40
Price/Sales
3.567.2814.68
Price/Cash Flow
10.5920.6436.98
Price/Earnings
DOCU
CRM
ADBE

Financial Strength

Metric
DOCU
CRM
ADBE
Quick Ratio
0.840.861.12
Current Ratio
0.881.041.25
Interest Coverage
−6.7113.0958.05
Quick Ratio
DOCU
CRM
ADBE

Profitability

Metric
DOCU
CRM
ADBE
Return on Assets (Normalized)
18.61%8.01%23.61%
Return on Equity (Normalized)
89.19%12.86%44.32%
Return on Invested Capital (Normalized)
35.42%10.76%34.44%
Return on Assets
DOCU
CRM
ADBE

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