Docebo Inc
TSX:DCBO

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Docebo Inc
TSX:DCBO
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Price: 42.53 CAD 3.08% Market Closed
Market Cap: 1.3B CAD

Relative Value

The Relative Value of one DCBO stock under the Base Case scenario is 58.38 CAD. Compared to the current market price of 42.53 CAD, Docebo Inc is Undervalued by 27%.

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.

DCBO Relative Value
Base Case
58.38 CAD
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
28
Median 3Y
7.3
Median 5Y
8.1
Industry
2.5
Forward
3.6
vs History
49
vs Industry
17
Median 3Y
83.4
Median 5Y
40.5
Industry
23.1
Forward
24.8
vs History
71
vs Industry
18
Median 3Y
56.2
Median 5Y
56.2
Industry
17.5
vs History
57
vs Industry
19
Median 3Y
43.4
Median 5Y
43.4
Industry
21.6
vs History
25
vs Industry
6
Median 3Y
16.8
Median 5Y
11.3
Industry
3.1
vs History
95
vs Industry
29
Median 3Y
6.2
Median 5Y
7
Industry
2.5
Forward
3.4
vs History
95
vs Industry
42
Median 3Y
7.8
Median 5Y
8.7
Industry
5
vs History
33
vs Industry
13
Median 3Y
32.9
Median 5Y
-100
Industry
12.8
Forward
19.4
vs History
28
vs Industry
11
Median 3Y
34.7
Median 5Y
-112.1
Industry
16.3
Forward
28.6
vs History
69
vs Industry
19
Median 3Y
53
Median 5Y
53
Industry
15.8
vs History
65
vs Industry
19
Median 3Y
49.9
Median 5Y
49.9
Industry
18.9
vs History
93
vs Industry
7
Median 3Y
20.9
Median 5Y
23.1
Industry
2.5

Multiples Across Competitors

DCBO Competitors Multiples
Docebo Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Docebo Inc
TSX:DCBO
1.2B CAD 3.8 41.2 31.9 36.7
US
Palantir Technologies Inc
NYSE:PLTR
368.6B USD 107.1 482.9 606.5 636.6
DE
SAP SE
XETRA:SAP
270.8B EUR 7.5 41.4 24.2 27.5
US
Salesforce Inc
NYSE:CRM
235.9B USD 6.1 38 20 28.7
US
Intuit Inc
NASDAQ:INTU
194.7B USD 10.7 56.1 35.5 41.6
US
NCR Corp
LSE:0K45
164.7B USD 61.5 158.5 482.5 1 742.1
US
Adobe Inc
NASDAQ:ADBE
150.6B USD 6.7 21.9 17.3 19.1
US
Applovin Corp
NASDAQ:APP
141.8B USD 26.7 58.4 46.2 52.1
US
Synopsys Inc
NASDAQ:SNPS
111B USD 17.8 51.3 68.1 82.2
US
Microstrategy Inc
NASDAQ:MSTR
94.9B USD 205.2 20 12.7 12.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
94.9B USD 18.6 93.8 53.1 60.4
P/S Multiple
Revenue Growth P/S to Growth
CA
Docebo Inc
TSX:DCBO
Average P/S: 42.9
3.8
10%
0.4
US
Palantir Technologies Inc
NYSE:PLTR
107.1
33%
3.2
DE
SAP SE
XETRA:SAP
7.5
12%
0.6
US
Salesforce Inc
NYSE:CRM
6.1
10%
0.6
US
Intuit Inc
NASDAQ:INTU
10.7
14%
0.8
US
N
NCR Corp
LSE:0K45
61.5
-8%
N/A
US
Adobe Inc
NASDAQ:ADBE
6.7
10%
0.7
US
Applovin Corp
NASDAQ:APP
26.7
22%
1.2
US
Synopsys Inc
NASDAQ:SNPS
17.8
15%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
205.2
4%
51.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
18.6
13%
1.4
P/E Multiple
Earnings Growth PEG
CA
Docebo Inc
TSX:DCBO
Average P/E: 96.7
41.2
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
482.9
73%
6.6
DE
SAP SE
XETRA:SAP
41.4
50%
0.8
US
Salesforce Inc
NYSE:CRM
38
31%
1.2
US
Intuit Inc
NASDAQ:INTU
56.1
37%
1.5
US
N
NCR Corp
LSE:0K45
158.5
-46%
N/A
US
Adobe Inc
NASDAQ:ADBE
21.9
27%
0.8
US
Applovin Corp
NASDAQ:APP
58.4
45%
1.3
US
Synopsys Inc
NASDAQ:SNPS
51.3
18%
2.9
US
Microstrategy Inc
NASDAQ:MSTR
20
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
93.8
33%
2.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Docebo Inc
TSX:DCBO
Average EV/EBITDA: 127.1
31.9
43%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
606.5
109%
5.6
DE
SAP SE
XETRA:SAP
24.2
19%
1.3
US
Salesforce Inc
NYSE:CRM
20
24%
0.8
US
Intuit Inc
NASDAQ:INTU
35.5
31%
1.1
US
N
NCR Corp
LSE:0K45
482.5
14%
34.5
US
Adobe Inc
NASDAQ:ADBE
17.3
17%
1
US
Applovin Corp
NASDAQ:APP
46.2
43%
1.1
US
Synopsys Inc
NASDAQ:SNPS
68.1
36%
1.9
US
Microstrategy Inc
NASDAQ:MSTR
12.7
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.1
28%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Docebo Inc
TSX:DCBO
Average EV/EBIT: 249.1
36.7
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
636.6
111%
5.7
DE
SAP SE
XETRA:SAP
27.5
21%
1.3
US
Salesforce Inc
NYSE:CRM
28.7
33%
0.9
US
Intuit Inc
NASDAQ:INTU
41.6
38%
1.1
US
N
NCR Corp
LSE:0K45
1 742.1
90%
19.4
US
Adobe Inc
NASDAQ:ADBE
19.1
20%
1
US
Applovin Corp
NASDAQ:APP
52.1
47%
1.1
US
Synopsys Inc
NASDAQ:SNPS
82.2
44%
1.9
US
Microstrategy Inc
NASDAQ:MSTR
12.7
N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
60.4
30%
2