(DOCU) DocuSign - Ratings and Ratios
E-Signature, Contract Lifecycle Management, Document Generation, Identity Verification, Remote Notary
DOCU EPS (Earnings per Share)
DOCU Revenue
Description: DOCU DocuSign October 30, 2025
DocuSign, Inc. (NASDAQ:DOCU) offers a cloud-based Intelligent Agreement Management (IAM) platform that combines electronic signatures, Contract Lifecycle Management (CLM), document generation, and niche solutions such as remote notarization, signer-identification, and real-estate transaction workflows, all compliant with FedRAMP and industry-specific regulations.
In FY 2023 the company generated roughly $2.1 billion in revenue-a ~20% YoY increase-and reported an annual recurring revenue (ARR) run-rate exceeding $2.3 billion with gross margins above 80%. Growth is being propelled by macro trends like sustained remote-work adoption, heightened demand for secure digital transaction infrastructure, and regulatory pushes for electronic record-keeping, while competition from Adobe Sign and emerging AI-driven contract tools intensifies market pressure.
For a deeper, data-rich assessment of DocuSign’s valuation dynamics, you may find the analytics on ValueRay worth a look.
DOCU Stock Overview
| Market Cap in USD | 14,401m |
| Sub-Industry | Application Software |
| IPO / Inception | 2018-04-27 |
DOCU Stock Ratings
| Growth Rating | -17.9% |
| Fundamental | 77.9% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -20.1% |
| Analyst Rating | 3.30 of 5 |
DOCU Dividends
Currently no dividends paidDOCU Growth Ratios
| Growth Correlation 3m | -32.7% |
| Growth Correlation 12m | -66.5% |
| Growth Correlation 5y | -45.2% |
| CAGR 5y | 9.65% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.22 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.49 |
| Sharpe Ratio 12m | -0.08 |
| Alpha | -21.55 |
| Beta | 1.019 |
| Volatility | 40.57% |
| Current Volume | 1411.1k |
| Average Volume 20d | 2230.6k |
| Stop Loss | 67 (-3.9%) |
| Signal | -0.06 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (281.0m TTM) > 0 and > 6% of Revenue (6% = 185.7m TTM) |
| FCFTA 0.24 (>2.0%) and ΔFCFTA -0.79pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -14.78% (prev -9.23%; Δ -5.54pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.26 (>3.0%) and CFO 1.04b > Net Income 281.0m (YES >=105%, WARN >=100%) |
| Net Debt (-473.0m) to EBITDA (476.1m) ratio: -0.99 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.74 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (211.9m) change vs 12m ago 1.73% (target <= -2.0% for YES) |
| Gross Margin 79.34% (prev 79.17%; Δ 0.17pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 80.36% (prev 76.15%; Δ 4.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 134.6 (EBITDA TTM 476.1m / Interest Expense TTM 2.17m) >= 6 (WARN >= 3) |
Altman Z'' -2.35
| (A) -0.12 = (Total Current Assets 1.32b - Total Current Liabilities 1.78b) / Total Assets 3.95b |
| (B) -0.39 = Retained Earnings (Balance) -1.54b / Total Assets 3.95b |
| (C) 0.08 = EBIT TTM 291.9m / Avg Total Assets 3.85b |
| (D) -0.79 = Book Value of Equity -1.55b / Total Liabilities 1.96b |
| Total Rating: -2.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 77.90
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 6.84% = 3.42 |
| 3. FCF Margin 30.23% = 7.50 |
| 4. Debt/Equity 0.06 = 2.50 |
| 5. Debt/Ebitda -0.99 = 2.50 |
| 6. ROIC - WACC (= 2.34)% = 2.92 |
| 7. RoE 14.06% = 1.17 |
| 8. Rev. Trend 98.70% = 7.40 |
| 9. EPS Trend -20.19% = -1.01 |
What is the price of DOCU shares?
Over the past week, the price has changed by -4.70%, over one month by -0.34%, over three months by -1.11% and over the past year by -8.85%.
Is DocuSign a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DOCU is around 58.97 USD . This means that DOCU is currently overvalued and has a potential downside of -15.39%.
Is DOCU a buy, sell or hold?
- Strong Buy: 3
- Buy: 3
- Hold: 16
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the DOCU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 93.8 | 34.5% |
| Analysts Target Price | 93.8 | 34.5% |
| ValueRay Target Price | 66.5 | -4.6% |
DOCU Fundamental Data Overview November 01, 2025
P/E Trailing = 54.25
P/E Forward = 16.8067
P/S = 4.6525
P/B = 6.889
P/EG = 0.4099
Beta = 1.019
Revenue TTM = 3.10b USD
EBIT TTM = 291.9m USD
EBITDA TTM = 476.1m USD
Long Term Debt = 126.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 21.2m USD (from shortTermDebt, last quarter)
Debt = 126.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -473.0m USD (from netDebt column, last quarter)
Enterprise Value = 13.68b USD (14.40b + Debt 126.9m - CCE 844.5m)
Interest Coverage Ratio = 134.6 (Ebit TTM 291.9m / Interest Expense TTM 2.17m)
FCF Yield = 6.84% (FCF TTM 935.7m / Enterprise Value 13.68b)
FCF Margin = 30.23% (FCF TTM 935.7m / Revenue TTM 3.10b)
Net Margin = 9.08% (Net Income TTM 281.0m / Revenue TTM 3.10b)
Gross Margin = 79.34% ((Revenue TTM 3.10b - Cost of Revenue TTM 639.5m) / Revenue TTM)
Gross Margin QoQ = 79.33% (prev 79.41%)
Tobins Q-Ratio = 3.46 (Enterprise Value 13.68b / Total Assets 3.95b)
Interest Expense / Debt = 0.65% (Interest Expense 828.0k / Debt 126.9m)
Taxrate = 17.64% (13.5m / 76.5m)
NOPAT = 240.4m (EBIT 291.9m * (1 - 17.64%))
Current Ratio = 0.74 (Total Current Assets 1.32b / Total Current Liabilities 1.78b)
Debt / Equity = 0.06 (Debt 126.9m / totalStockholderEquity, last quarter 1.99b)
Debt / EBITDA = -0.99 (Net Debt -473.0m / EBITDA 476.1m)
Debt / FCF = -0.51 (Net Debt -473.0m / FCF TTM 935.7m)
Total Stockholder Equity = 2.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.11% (Net Income 281.0m / Total Assets 3.95b)
RoE = 14.06% (Net Income TTM 281.0m / Total Stockholder Equity 2.00b)
RoCE = 13.73% (EBIT 291.9m / Capital Employed (Equity 2.00b + L.T.Debt 126.9m))
RoIC = 12.03% (NOPAT 240.4m / Invested Capital 2.00b)
WACC = 9.69% (E(14.40b)/V(14.53b) * Re(9.77%) + D(126.9m)/V(14.53b) * Rd(0.65%) * (1-Tc(0.18)))
Discount Rate = 9.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.91%
[DCF Debug] Terminal Value 73.78% ; FCFE base≈929.0m ; Y1≈1.02b ; Y5≈1.30b
Fair Price DCF = 83.60 (DCF Value 16.81b / Shares Outstanding 201.1m; 5y FCF grow 11.03% → 3.0% )
EPS Correlation: -20.19 | EPS CAGR: -55.16% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.70 | Revenue CAGR: 8.15% | SUE: 4.0 | # QB: 5
Additional Sources for DOCU Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle