Company Valuation: DocuSign, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 24,887 12,193 12,423 19,542 10,522 13,952 - -
Change - -51.01% 1.88% 57.31% -46.15% 32.6% - -
Enterprise Value (EV) 1 24,803 11,698 11,255 18,444 9,656 12,832 11,644 10,258
Change - -52.83% -3.79% 63.87% -47.65% 32.9% -9.26% -11.9%
P/E -349x -124x 169x 19x 35.5x 41.1x 30.1x 25.6x
PBR 90.8x 19.7x 11.3x 10.2x 5.73x 6.79x 4.59x 3.42x
PEG - -3.4x -1x 0x -0.5x 1.8x 0.8x 1.5x
Capitalization / Revenue 11.8x 4.85x 4.5x 6.56x 3.27x 3.98x 3.69x 3.43x
EV / Revenue 11.8x 4.65x 4.08x 6.2x 3x 3.66x 3.08x 2.52x
EV / EBITDA 52.1x 20.1x 14.3x 19x 9.04x 10.3x 8.74x 7.12x
EV / EBIT 59.2x 22.6x 15.8x 20.8x 9.98x 11.7x 9.6x 7.63x
EV / FCF 55.7x 27.3x 12.7x 20x 9.12x 10.8x 8.93x 7.02x
FCF Yield 1.79% 3.67% 7.88% 4.99% 11% 9.28% 11.2% 14.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.36 -0.49 0.36 5.08 1.48 1.818 2.48 2.913
Distribution rate - - - - - - - -
Net sales 1 2,107 2,516 2,762 2,977 3,220 3,505 3,784 4,064
EBITDA 1 476.2 582.4 787.1 969.1 1,068 1,243 1,332 1,440
EBIT 1 419.1 516.8 711.4 886 967.9 1,099 1,213 1,345
Net income 1 -69.98 -97.45 73.98 1,068 309.1 346.2 469.8 552
Net Debt 1 -84.34 -494.8 -1,167 -1,098 -866.5 -1,120 -2,308 -3,694
Reference price 2 125.77 60.64 60.92 96.73 52.54 74.65 74.65 74.65
Nbr of stocks (in thousands) 197,877 201,074 203,916 202,023 200,273 186,902 - -
Announcement Date 10/03/22 09/03/23 07/03/24 13/03/25 17/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.83x9.91x16.18x0.73% 3,928B
119.93x52.98x86.28x-.--% 447B
19.3x5.59x9.74x1.56% 389B
216.99x19.31x56.52x-.--% 280B
28.38x5.66x17.83x1.34% 259B
2273.9x37.98x124.23x-.--% 233B
90.05x8.93x23.9x-.--% 147B
54.84x14.71x38.75x-.--% 124B
13.44x3.57x7.47x-.--% 95.43B
Average 315.96x 17.63x 42.32x 0.4% 655.81B
Weighted average by Cap. 133.24x 14.23x 27.85x 0.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DocuSign, Inc.

Historical PBR trend

Valuation ratios - PBR - DocuSign, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DocuSign, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DocuSign, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - DocuSign, Inc.