DOCUSIGN INC (DOCU) Stock Fundamental Analysis
NASDAQ:DOCU • US2561631068
44.82 USD
+1.08 (+2.47%)
At close: Feb 13, 2026
44.6253 USD
-0.19 (-0.43%)
After Hours: 2/13/2026, 8:03:47 PM
Taking everything into account, DOCU scores 5 out of 10 in our fundamental rating. DOCU was compared to 277 industry peers in the Software industry. Both the profitability and the financial health of DOCU get a neutral evaluation. Nothing too spectacular is happening here. DOCU is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make DOCU suitable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year DOCU was profitable.
- In the past year DOCU had a positive cash flow from operations.
- In multiple years DOCU reported negative net income over the last 5 years.
- Each year in the past 5 years DOCU had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 7.59%, DOCU is doing good in the industry, outperforming 79.78% of the companies in the same industry.
- The Return On Equity of DOCU (15.25%) is better than 82.67% of its industry peers.
- DOCU has a better Return On Invested Capital (9.75%) than 84.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.59% | ||
| ROE | 15.25% | ||
| ROIC | 9.75% |
ROA(3y)8.62%
ROA(5y)2.54%
ROE(3y)14.69%
ROE(5y)-11.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of DOCU (9.57%) is better than 70.40% of its industry peers.
- The Operating Margin of DOCU (8.59%) is better than 73.29% of its industry peers.
- With a decent Gross Margin value of 79.31%, DOCU is doing good in the industry, outperforming 78.70% of the companies in the same industry.
- DOCU's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.59% | ||
| PM (TTM) | 9.57% | ||
| GM | 79.31% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.53%
GM growth 5Y1.07%
2. Health
2.1 Basic Checks
- DOCU has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, DOCU has less shares outstanding
- DOCU has more shares outstanding than it did 5 years ago.
- DOCU has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- DOCU has an Altman-Z score of 2.93. This is not the best score and indicates that DOCU is in the grey zone with still only limited risk for bankruptcy at the moment.
- DOCU's Altman-Z score of 2.93 is fine compared to the rest of the industry. DOCU outperforms 65.70% of its industry peers.
- There is no outstanding debt for DOCU. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.93 |
ROIC/WACC0.89
WACC11%
2.3 Liquidity
- DOCU has a Current Ratio of 0.73. This is a bad value and indicates that DOCU is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of DOCU (0.73) is worse than 87.00% of its industry peers.
- DOCU has a Quick Ratio of 0.73. This is a bad value and indicates that DOCU is not financially healthy enough and could expect problems in meeting its short term obligations.
- DOCU's Quick ratio of 0.73 is on the low side compared to the rest of the industry. DOCU is outperformed by 87.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
- DOCU shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.96%.
- DOCU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 62.84% yearly.
- DOCU shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.45%.
- The Revenue has been growing by 25.04% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)6.96%
EPS 3Y21.69%
EPS 5Y62.84%
EPS Q2Q%12.22%
Revenue 1Y (TTM)8.45%
Revenue growth 3Y12.2%
Revenue growth 5Y25.04%
Sales Q2Q%8.42%
3.2 Future
- Based on estimates for the next years, DOCU will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.69% on average per year.
- Based on estimates for the next years, DOCU will show a small growth in Revenue. The Revenue will grow by 6.97% on average per year.
EPS Next Y8.79%
EPS Next 2Y8.77%
EPS Next 3Y9.1%
EPS Next 5Y8.69%
Revenue Next Year8.37%
Revenue Next 2Y7.59%
Revenue Next 3Y7.63%
Revenue Next 5Y6.97%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- DOCU is valuated correctly with a Price/Earnings ratio of 12.15.
- Based on the Price/Earnings ratio, DOCU is valued cheaply inside the industry as 83.39% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of DOCU to the average of the S&P500 Index (27.97), we can say DOCU is valued rather cheaply.
- A Price/Forward Earnings ratio of 10.67 indicates a reasonable valuation of DOCU.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DOCU indicates a rather cheap valuation: DOCU is cheaper than 83.75% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.96. DOCU is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 10.67 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DOCU is valued a bit cheaper than 71.84% of the companies in the same industry.
- DOCU's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DOCU is cheaper than 92.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.12 | ||
| EV/EBITDA | 19.76 |
4.3 Compensation for Growth
- DOCU's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- DOCU has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.38
PEG (5Y)0.19
EPS Next 2Y8.77%
EPS Next 3Y9.1%
5. Dividend
5.1 Amount
- No dividends for DOCU!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
44.82
+1.08 (+2.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)12-04 2025-12-04/amc
Earnings (Next)03-05 2026-03-05/amc
Inst Owners86.69%
Inst Owner Change-3.18%
Ins Owners0.5%
Ins Owner Change0.59%
Market Cap9.01B
Revenue(TTM)3.16B
Net Income(TTM)302.27M
Analysts72.41
Price Target87.12 (94.38%)
Short Float %3.04%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.48%
Min EPS beat(2)6.77%
Max EPS beat(2)8.2%
EPS beat(4)3
Avg EPS beat(4)5.78%
Min EPS beat(4)-0.64%
Max EPS beat(4)8.79%
EPS beat(8)7
Avg EPS beat(8)7.57%
EPS beat(12)11
Avg EPS beat(12)11.53%
EPS beat(16)13
Avg EPS beat(16)9.6%
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.02%
Min Revenue beat(4)-0.57%
Max Revenue beat(4)0.61%
Revenue beat(8)2
Avg Revenue beat(8)-0.39%
Revenue beat(12)4
Avg Revenue beat(12)-0.07%
Revenue beat(16)7
Avg Revenue beat(16)0.13%
PT rev (1m)-1.9%
PT rev (3m)-9.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.22%
EPS NY rev (1m)0%
EPS NY rev (3m)2.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 10.67 | ||
| P/S | 2.85 | ||
| P/FCF | 9.12 | ||
| P/OCF | 8.23 | ||
| P/B | 4.55 | ||
| P/tB | 6.16 | ||
| EV/EBITDA | 19.76 |
EPS(TTM)3.69
EY8.23%
EPS(NY)4.2
Fwd EY9.37%
FCF(TTM)4.91
FCFY10.96%
OCF(TTM)5.45
OCFY12.16%
SpS15.71
BVpS9.85
TBVpS7.28
PEG (NY)1.38
PEG (5Y)0.19
Graham Number28.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.59% | ||
| ROE | 15.25% | ||
| ROCE | 12.34% | ||
| ROIC | 9.75% | ||
| ROICexc | 15.77% | ||
| ROICexgc | 25.5% | ||
| OM | 8.59% | ||
| PM (TTM) | 9.57% | ||
| GM | 79.31% | ||
| FCFM | 31.27% |
ROA(3y)8.62%
ROA(5y)2.54%
ROE(3y)14.69%
ROE(5y)-11.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.53%
GM growth 5Y1.07%
F-Score7
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 91.05% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 281.19% | ||
| Profit Quality | 326.83% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 2.93 |
F-Score7
WACC11%
ROIC/WACC0.89
Cap/Depr(3y)92.4%
Cap/Depr(5y)93.61%
Cap/Sales(3y)3.23%
Cap/Sales(5y)3.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.96%
EPS 3Y21.69%
EPS 5Y62.84%
EPS Q2Q%12.22%
EPS Next Y8.79%
EPS Next 2Y8.77%
EPS Next 3Y9.1%
EPS Next 5Y8.69%
Revenue 1Y (TTM)8.45%
Revenue growth 3Y12.2%
Revenue growth 5Y25.04%
Sales Q2Q%8.42%
Revenue Next Year8.37%
Revenue Next 2Y7.59%
Revenue Next 3Y7.63%
Revenue Next 5Y6.97%
EBIT growth 1Y47.82%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year21.68%
EBIT Next 3Y12.03%
EBIT Next 5Y-3.95%
FCF growth 1Y31.45%
FCF growth 3Y27.4%
FCF growth 5Y83.99%
OCF growth 1Y29.53%
OCF growth 3Y26.17%
OCF growth 5Y54.46%
DOCUSIGN INC / DOCU FAQ
What is the ChartMill fundamental rating of DOCUSIGN INC (DOCU) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DOCU.
What is the valuation status of DOCUSIGN INC (DOCU) stock?
ChartMill assigns a valuation rating of 7 / 10 to DOCUSIGN INC (DOCU). This can be considered as Undervalued.
How profitable is DOCUSIGN INC (DOCU) stock?
DOCUSIGN INC (DOCU) has a profitability rating of 6 / 10.
What is the earnings growth outlook for DOCUSIGN INC?
The Earnings per Share (EPS) of DOCUSIGN INC (DOCU) is expected to grow by 8.79% in the next year.