Doximity Inc
NYSE:DOCS

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Doximity Inc
NYSE:DOCS
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Price: 58.85 USD 2.63% Market Closed
Market Cap: 11.1B USD

Relative Value

The Relative Value of one DOCS stock under the Base Case scenario is 31.7 USD. Compared to the current market price of 58.85 USD, Doximity Inc is Overvalued by 46%.

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
31.7 USD
Overvaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
36
vs Industry
6
Median 3Y
15.5
Median 5Y
16.9
Industry
2.2
Forward
17.4
vs History
52
vs Industry
7
Median 3Y
47.3
Median 5Y
49.4
Industry
22.1
Forward
44.3
vs History
46
vs Industry
5
Median 3Y
36
Median 5Y
38.9
Industry
13.9
vs History
46
vs Industry
8
Median 3Y
36.9
Median 5Y
40.1
Industry
19.7
vs History
28
vs Industry
4
Median 3Y
7
Median 5Y
7.7
Industry
2.1
vs History
36
vs Industry
6
Median 3Y
13.8
Median 5Y
14.9
Industry
2.4
Forward
16
vs History
36
vs Industry
7
Median 3Y
15.4
Median 5Y
17
Industry
4.9
vs History
48
vs Industry
6
Median 3Y
40
Median 5Y
41.1
Industry
11.6
Forward
29.5
vs History
54
vs Industry
7
Median 3Y
42.6
Median 5Y
43.6
Industry
15.7
Forward
30
vs History
43
vs Industry
6
Median 3Y
31.8
Median 5Y
34.8
Industry
13.9
vs History
46
vs Industry
8
Median 3Y
32.9
Median 5Y
36
Industry
17.3
vs History
31
vs Industry
2
Median 3Y
20.7
Median 5Y
22.2
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
11.1B USD 19.5 49.8 42.4 44.3
US
Veeva Systems Inc
NYSE:VEEV
46.5B USD 16.2 59.4 49.9 52.6
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
28.8B AUD 151.1 293.5 205.2 205.2
JP
M3 Inc
TSE:2413
1.5T JPY 5.2 36.5 20.7 24.9
SE
Sectra AB
STO:SECT B
68.4B SEK 34.9 115.7 -124.6 -124.6
US
Waystar Holding Corp
NASDAQ:WAY
7.1B USD 7.3 273 24.5 52.4
US
Inspire Medical Systems Inc
NYSE:INSP
4B USD 4.8 60.3 62.1 73
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
268.3B INR 0 0 0 0
CN
Winning Health Technology Group Co Ltd
SZSE:300253
20.9B CNY 7.9 273.3 93.8 93.8
US
Vocera Communications Inc
F:V00
2.4B EUR 11.7 -323.6 264 4 227.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBITDA: 87.2
42.4
21%
2
US
Veeva Systems Inc
NYSE:VEEV
49.9
38%
1.3
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
205.2
38%
5.4
JP
M3 Inc
TSE:2413
20.7
13%
1.6
SE
Sectra AB
STO:SECT B
Negative Multiple: -124.6 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
24.5
18%
1.4
US
Inspire Medical Systems Inc
NYSE:INSP
62.1
90%
0.7
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
93.8
48%
2
US
V
Vocera Communications Inc
F:V00
264
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBIT: 535.2
44.3
22%
2
US
Veeva Systems Inc
NYSE:VEEV
52.6
39%
1.3
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
205.2
36%
5.7
JP
M3 Inc
TSE:2413
24.9
N/A N/A
SE
Sectra AB
STO:SECT B
Negative Multiple: -124.6 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
52.4
40%
1.3
US
Inspire Medical Systems Inc
NYSE:INSP
73
64%
1.1
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
93.8
47%
2
US
V
Vocera Communications Inc
F:V00
4 227.7
N/A N/A