Doximity Inc
NYSE:DOCS

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Doximity Inc
NYSE:DOCS
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Price: 52.56 USD -10.08% Market Closed
Market Cap: 9.9B USD

Relative Value

The Relative Value of one DOCS stock under the Base Case scenario is 29.1 USD. Compared to the current market price of 52.56 USD, Doximity Inc is Overvalued by 45%.

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
29.1 USD
Overvaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
6
Median 3Y
15.5
Median 5Y
16.6
Industry
2.2
Forward
17.1
vs History
40
vs Industry
7
Median 3Y
48.1
Median 5Y
53.5
Industry
21.8
Forward
57.1
vs History
32
vs Industry
5
Median 3Y
36
Median 5Y
40
Industry
13.6
vs History
34
vs Industry
8
Median 3Y
37.1
Median 5Y
41.7
Industry
19.9
vs History
24
vs Industry
4
Median 3Y
7
Median 5Y
7.6
Industry
2.1
vs History
28
vs Industry
6
Median 3Y
13.8
Median 5Y
14.6
Industry
2.3
Forward
15.6
vs History
28
vs Industry
7
Median 3Y
15.4
Median 5Y
16.7
Industry
4.9
vs History
42
vs Industry
6
Median 3Y
40.2
Median 5Y
42.9
Industry
11.5
Forward
28.6
vs History
44
vs Industry
7
Median 3Y
43.2
Median 5Y
45
Industry
15.7
Forward
29.2
vs History
32
vs Industry
6
Median 3Y
31.8
Median 5Y
35.6
Industry
13.5
vs History
32
vs Industry
8
Median 3Y
32.9
Median 5Y
37.1
Industry
17.5
vs History
28
vs Industry
2
Median 3Y
20.7
Median 5Y
21.5
Industry
1.8

Multiples Across Competitors

DOCS Competitors Multiples
Doximity Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Doximity Inc
NYSE:DOCS
9.9B USD 17.9 49 38.6 40.4
US
Veeva Systems Inc
NYSE:VEEV
39.5B USD 14.4 55.3 46.6 49.3
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
28.6B AUD 150 291.2 203.6 203.6
JP
M3 Inc
TSE:2413
1.3T JPY 4.7 33.1 16.3 19.6
US
Waystar Holding Corp
NASDAQ:WAY
6.8B USD 7 260.9 23.6 50.6
SE
Sectra AB
STO:SECT B
61.7B SEK 31.5 104.4 -112.1 -112.1
US
Inspire Medical Systems Inc
NYSE:INSP
4.5B USD 5.7 84.9 96 113.5
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
278.4B INR 0 0 0 0
CN
Winning Health Technology Group Co Ltd
SZSE:300253
21.7B CNY 8.3 283.9 97.5 97.5
US
Vocera Communications Inc
F:V00
2.4B EUR 11.5 -316.2 257.8 4 127.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBITDA: 89.1
38.6
29%
1.3
US
Veeva Systems Inc
NYSE:VEEV
46.6
34%
1.4
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
203.6
38%
5.4
JP
M3 Inc
TSE:2413
16.3
N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
23.6
18%
1.3
SE
Sectra AB
STO:SECT B
Negative Multiple: -112.1 N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
96
61%
1.6
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
97.5
N/A N/A
US
V
Vocera Communications Inc
F:V00
257.8
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBIT: 527.2
40.4
31%
1.3
US
Veeva Systems Inc
NYSE:VEEV
49.3
34%
1.4
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
203.6
36%
5.7
JP
M3 Inc
TSE:2413
19.6
N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
50.6
44%
1.2
SE
Sectra AB
STO:SECT B
Negative Multiple: -112.1 N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
113.5
65%
1.7
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
97.5
N/A N/A
US
V
Vocera Communications Inc
F:V00
4 127.5
N/A N/A