Doximity Inc
NYSE:DOCS

Watchlist Manager
Doximity Inc Logo
Doximity Inc
NYSE:DOCS
Watchlist
Price: 43.65 USD 0.37% Market Closed
Market Cap: 8.2B USD
Section:
 

Relative Value

The Relative Value of one DOCS stock under the Base Case scenario is 35.24 USD. Compared to the current market price of 43.65 USD, Doximity Inc is Overvalued by 19%.

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.

DOCS Relative Value
Base Case
35.24 USD
Overvaluation 19%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

13.2
P/S
P/S
Price to Sales
13.2
vs History
73
vs Industry
6
Median 3Y
15.5
Median 5Y
17.3
Industry
2.3
Forward
12.5
More Details
32.4
P/E
P/E
Price to Earnings
32.4
vs History
89
vs Industry
7
Median 3Y
46.4
Median 5Y
49.1
Industry
22.4
Forward
27.1
More Details
25.7
P/OCF
P/OCF
Price to OCF
25.7
vs History
89
vs Industry
5
Median 3Y
35.4
Median 5Y
37.9
Industry
14.4
More Details
26.3
P/FCFE
P/FCFE
Price to FCFE
26.3
vs History
89
vs Industry
8
Median 3Y
36.4
Median 5Y
39.1
Industry
21.7
More Details
7.5
P/B
P/B
Price to Book Value
7.5
vs History
57
vs Industry
4
Median 3Y
7.2
Median 5Y
7.8
Industry
2.2
More Details
11.8
EV/S
EV/S
Enterprise Value to Sales
11.8
vs History
73
vs Industry
6
Median 3Y
13.8
Median 5Y
15.4
Industry
2.5
Forward
11.2
More Details
13.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.1
vs History
73
vs Industry
7
Median 3Y
15.4
Median 5Y
17.4
Industry
5.1
More Details
28.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
28.4
vs History
75
vs Industry
6
Median 3Y
39
Median 5Y
41
Industry
12
Forward
20.2
More Details
29.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
29.7
vs History
75
vs Industry
7
Median 3Y
41.1
Median 5Y
43.6
Industry
16.9
Forward
20.7
More Details
22.9
EV/OCF
EV/OCF
Enterprise Value to OCF
22.9
vs History
87
vs Industry
6
Median 3Y
31
Median 5Y
34.2
Industry
14.5
More Details
23.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23.5
vs History
87
vs Industry
8
Median 3Y
32.3
Median 5Y
35.2
Industry
18.6
More Details
19.6
EV/IC
EV/IC
Enterprise Value to IC
19.6
vs History
66
vs Industry
2
Median 3Y
21.1
Median 5Y
23.2
Industry
1.8
More Details

Multiples Across Competitors

DOCS Competitors Multiples
Doximity Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Doximity Inc
NYSE:DOCS
8.2B USD 13.2 32.4 28.4 29.7
US
Veeva Systems Inc
NYSE:VEEV
36.5B USD 11.8 42.4 32.1 33.5
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
22.7B AUD 103 197.1 136.2 136.2
JP
M3 Inc
TSE:2413
1.4T JPY 4.4 31.5 16 19.8
US
Waystar Holding Corp
NASDAQ:WAY
5.7B USD 5.5 51.6 17.1 26.9
SE
Sectra AB
STO:SECT B
48.8B SEK 22.9 83.3 -116.9 -116.9
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
290.9B INR 10.9 59.9 37.2 43.5
CN
Winning Health Technology Group Co Ltd
SZSE:300253
20.3B CNY 9.4 -65.9 -130.4 -130.4
US
Inspire Medical Systems Inc
NYSE:INSP
2.8B USD 3.2 63 50.3 67.6
US
Vocera Communications Inc
F:V00
2.4B EUR 12 -330.9 270.3 4 328.2
P/E Multiple
Earnings Growth PEG
US
Doximity Inc
NYSE:DOCS
Average P/E: 68.2
32.4
18%
1.8
US
Veeva Systems Inc
NYSE:VEEV
42.4
32%
1.3
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
197.1
32%
6.2
JP
M3 Inc
TSE:2413
31.5
16%
2
US
W
Waystar Holding Corp
NASDAQ:WAY
51.6
N/A N/A
SE
Sectra AB
STO:SECT B
83.3
28%
3
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
59.9
30%
2
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -65.9
92%
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
63
13%
4.8
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -330.9 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBITDA: 67.7
28.4
23%
1.2
US
Veeva Systems Inc
NYSE:VEEV
32.1
39%
0.8
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
136.2
32%
4.3
JP
M3 Inc
TSE:2413
16
14%
1.1
US
W
Waystar Holding Corp
NASDAQ:WAY
17.1
24%
0.7
SE
Sectra AB
STO:SECT B
Negative Multiple: -116.9 N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
37.2
24%
1.6
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -130.4
36%
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
50.3
80%
0.6
US
V
Vocera Communications Inc
F:V00
270.3
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBIT: 525.4
29.7
25%
1.2
US
Veeva Systems Inc
NYSE:VEEV
33.5
39%
0.9
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
136.2
31%
4.4
JP
M3 Inc
TSE:2413
19.8
N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
26.9
56%
0.5
SE
Sectra AB
STO:SECT B
Negative Multiple: -116.9 N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
43.5
27%
1.6
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -130.4
47%
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
67.6
34%
2
US
V
Vocera Communications Inc
F:V00
4 328.2
N/A N/A

See Also

Summary
DOCS intrinsic value, competitors valuation, and company profile.
DCF Valuation
DOCS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
DOCS stock valuation using valuation multiples.
Wall Street Estimates
DOCS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
DOCS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 304,200+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.