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DigitalOcean Holdings Inc
NYSE:DOCN

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DigitalOcean Holdings Inc
NYSE:DOCN
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Price: 54.3 USD 7.04% Market Closed
Market Cap: 5B USD

Relative Value

The Relative Value of one DOCN stock under the Base Case scenario is 84.87 USD. Compared to the current market price of 54.3 USD, DigitalOcean Holdings Inc is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DOCN Relative Value
Base Case
84.87 USD
Undervaluation 36%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Multiples Across Competitors

DOCN Competitors Multiples
DigitalOcean Holdings Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
DigitalOcean Holdings Inc
NYSE:DOCN
5B USD 5.7 19.7 21.8 40
CA
Shopify Inc
NYSE:SHOP
179.1B USD 16.7 100.6 128.3 131.4
US
Snowflake Inc
XETRA:5Q5
59.9B EUR 16 -51.9 -68.5 -58.1
US
Snowflake Inc.
NYSE:SNOW
72.2B USD 16.5 -53.5 -60.3 -51.1
US
Cloudflare Inc
NYSE:NET
60.7B USD 30.1 -588.1 -3 793.9 -309.9
US
MongoDB Inc
NASDAQ:MDB
32.6B USD 14.1 -460.1 -227.9 -194.5
ID
DCI Indonesia Tbk PT
IDX:DCII
514.3T IDR 199.7 448.6 365.9 365.9
US
Verisign Inc
NASDAQ:VRSN
23.4B USD 14.4 28.8 21.6 22.3
US
Twilio Inc
NYSE:TWLO
19.2B USD 3.9 286 57.8 162
US
Okta Inc
NASDAQ:OKTA
16.2B USD 5.7 83.1 63.1 112.7
US
GoDaddy Inc
NYSE:GDDY
14.4B USD 2.9 17.3 14.3 15.9
P/S Multiple
Revenue Growth P/S to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average P/S: 29.6
5.7
18%
0.3
CA
Shopify Inc
NYSE:SHOP
16.7
26%
0.6
US
Snowflake Inc
XETRA:5Q5
16
26%
0.6
US
Snowflake Inc.
NYSE:SNOW
16.5
26%
0.6
US
Cloudflare Inc
NYSE:NET
30.1
28%
1.1
US
MongoDB Inc
NASDAQ:MDB
14.1
19%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
199.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
14.4
6%
2.4
US
Twilio Inc
NYSE:TWLO
3.9
10%
0.4
US
Okta Inc
NASDAQ:OKTA
5.7
11%
0.5
US
GoDaddy Inc
NYSE:GDDY
2.9
8%
0.4
P/E Multiple
Earnings Growth PEG
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average P/E: 140.6
19.7
40%
0.5
CA
Shopify Inc
NYSE:SHOP
100.6
15%
6.7
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -51.9 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -53.5 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -588.1 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -460.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
448.6
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
28.8
7%
4.1
US
Twilio Inc
NYSE:TWLO
286
N/A N/A
US
Okta Inc
NASDAQ:OKTA
83.1
198%
0.4
US
GoDaddy Inc
NYSE:GDDY
17.3
11%
1.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBITDA: 96.1
21.8
32%
0.7
CA
Shopify Inc
NYSE:SHOP
128.3
47%
2.7
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -68.5 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -60.3 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -3 793.9 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -227.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
365.9
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.6
8%
2.7
US
Twilio Inc
NYSE:TWLO
57.8
104%
0.6
US
Okta Inc
NASDAQ:OKTA
63.1
246%
0.3
US
GoDaddy Inc
NYSE:GDDY
14.3
22%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBIT: 121.5
40
57%
0.7
CA
Shopify Inc
NYSE:SHOP
131.4
47%
2.8
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -58.1 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -51.1 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -309.9 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -194.5 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
365.9
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
22.3
6%
3.7
US
Twilio Inc
NYSE:TWLO
162
N/A N/A
US
Okta Inc
NASDAQ:OKTA
112.7
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
15.9
20%
0.8