Doximity Inc
NYSE:DOCS

Watchlist Manager
Doximity Inc Logo
Doximity Inc
NYSE:DOCS
Watchlist
Price: 65.13 USD 2.5% Market Closed
Market Cap: 12.2B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one DOCS stock under the Base Case scenario is 31.75 USD. Compared to the current market price of 65.13 USD, Doximity Inc is Overvalued by 51%.

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
31.75 USD
Overvaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

21.6
P/S
P/S
Price to Sales
21.6
vs History
25
vs Industry
6
Median 3Y
15.5
Median 5Y
17.3
Industry
2.4
Forward
19.3
More Details
55.1
P/E
P/E
Price to Earnings
55.1
vs History
42
vs Industry
7
Median 3Y
47.3
Median 5Y
49.6
Industry
22.5
Forward
45.4
More Details
45
P/OCF
P/OCF
Price to OCF
45
vs History
34
vs Industry
5
Median 3Y
36
Median 5Y
39.4
Industry
14.4
More Details
46.1
P/FCFE
P/FCFE
Price to FCFE
46.1
vs History
34
vs Industry
8
Median 3Y
36.9
Median 5Y
40.4
Industry
21
More Details
11.4
P/B
P/B
Price to Book Value
11.4
vs History
21
vs Industry
4
Median 3Y
7
Median 5Y
7.8
Industry
2.3
More Details
20
EV/S
EV/S
Enterprise Value to Sales
20
vs History
25
vs Industry
6
Median 3Y
13.8
Median 5Y
15.4
Industry
2.6
Forward
17.8
More Details
22.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
22.1
vs History
25
vs Industry
7
Median 3Y
15.4
Median 5Y
17.4
Industry
5.2
More Details
47.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
47.3
vs History
34
vs Industry
6
Median 3Y
40
Median 5Y
41.5
Industry
11.9
Forward
32.8
More Details
49.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
49.5
vs History
36
vs Industry
7
Median 3Y
42.6
Median 5Y
43.8
Industry
16.5
Forward
33.5
More Details
41.7
EV/OCF
EV/OCF
Enterprise Value to OCF
41.7
vs History
32
vs Industry
6
Median 3Y
31.8
Median 5Y
35.7
Industry
14.6
More Details
42.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
42.7
vs History
34
vs Industry
8
Median 3Y
32.9
Median 5Y
36.9
Industry
18.5
More Details
32.8
EV/IC
EV/IC
Enterprise Value to IC
32.8
vs History
23
vs Industry
2
Median 3Y
20.7
Median 5Y
23
Industry
1.9
More Details

Multiples Across Competitors

DOCS Competitors Multiples
Doximity Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Doximity Inc
NYSE:DOCS
12.3B USD 21.6 55.1 47.3 49.5
US
Veeva Systems Inc
NYSE:VEEV
45.7B USD 16 58.6 48.9 51.5
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
32.8B AUD 171.6 333.3 233.2 233.2
JP
M3 Inc
TSE:2413
1.5T JPY 5.3 37.6 21.3 25.6
SE
Sectra AB
STO:SECT B
67B SEK 32.4 119 -146.8 -146.8
US
Waystar Holding Corp
NASDAQ:WAY
6.3B USD 6.2 73.1 19.1 34.1
CN
Winning Health Technology Group Co Ltd
SZSE:300253
22.8B CNY 8.7 297.9 102.3 102.3
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
260.5B INR 0 0 0 0
US
Vocera Communications Inc
F:V00
2.4B EUR 11.9 -329.1 268.8 4 303.8
US
Inspire Medical Systems Inc
NYSE:INSP
2.6B USD 3 48.9 44 55.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBITDA: 89.6
47.3
23%
2.1
US
Veeva Systems Inc
NYSE:VEEV
48.9
38%
1.3
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
233.2
38%
6.1
JP
M3 Inc
TSE:2413
21.3
13%
1.6
SE
Sectra AB
STO:SECT B
Negative Multiple: -146.8 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
19.1
19%
1
CN
Winning Health Technology Group Co Ltd
SZSE:300253
102.3
48%
2.1
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
US
V
Vocera Communications Inc
F:V00
268.8
N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
44
84%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Doximity Inc
NYSE:DOCS
Average EV/EBIT: 544.3
49.5
24%
2.1
US
Veeva Systems Inc
NYSE:VEEV
51.5
39%
1.3
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
233.2
36%
6.5
JP
M3 Inc
TSE:2413
25.6
N/A N/A
SE
Sectra AB
STO:SECT B
Negative Multiple: -146.8 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
34.1
49%
0.7
CN
Winning Health Technology Group Co Ltd
SZSE:300253
102.3
47%
2.2
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
Not Available N/A N/A
US
V
Vocera Communications Inc
F:V00
4 303.8
N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
55.4
56%
1

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 275,600+ 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.