Financials Doximity, Inc.

Equities

DOCS

US26622P1075

Internet Services

Market Closed - Nyse 04:00:02 2024-07-05 pm EDT 5-day change 1st Jan Change
27.5 USD +4.29% Intraday chart for Doximity, Inc. -1.68% -1.93%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026 2027
Capitalization 1 9,966 6,268 5,020 4,890 - -
Enterprise Value (EV) 1 9,167 5,427 4,257 4,067 3,943 3,991
P/E ratio 74.4 x 61.1 x 37.4 x 35.3 x 31.5 x 25.5 x
Yield - - - - - -
Capitalization / Revenue 29 x 15 x 10.6 x 9.55 x 8.75 x 7.9 x
EV / Revenue 26.7 x 13 x 8.95 x 7.94 x 7.06 x 6.45 x
EV / EBITDA 61 x 29.5 x 18.5 x 16.6 x 14.8 x 13.4 x
EV / FCF 75.8 x 31.3 x 23.9 x 19.8 x 18.1 x 17.1 x
FCF Yield 1.32% 3.2% 4.19% 5.05% 5.53% 5.86%
Price to Book 11.4 x 6.5 x 6.14 x 5.36 x 4.45 x 3.78 x
Nbr of stocks (in thousands) 191,314 193,590 186,554 185,426 - -
Reference price 2 52.09 32.38 26.91 26.37 26.37 26.37
Announcement Date 5/17/22 5/16/23 5/16/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027
Net sales 1 - 343.5 419.1 475.4 512.3 558.6 618.7
EBITDA 1 - 150.3 184 230.5 245 267.3 297.3
EBIT 1 - 146.3 178.4 224.7 236.9 259 291
Operating Margin - 42.58% 42.58% 47.27% 46.25% 46.36% 47.04%
Earnings before Tax (EBT) 1 - 114 133.2 185.2 188 201.8 233.6
Net income 1 21.56 133.3 112.8 147.6 143.3 155.3 193.2
Net margin - 38.79% 26.92% 31.04% 27.97% 27.79% 31.23%
EPS 2 0.4500 0.7000 0.5300 0.7200 0.7473 0.8383 1.035
Free Cash Flow 1 - 120.9 173.4 178.3 205.3 218.1 233.9
FCF margin - 35.19% 41.38% 37.5% 40.07% 39.04% 37.81%
FCF Conversion (EBITDA) - 80.44% 94.26% 77.36% 83.78% 81.57% 78.69%
FCF Conversion (Net income) - 90.71% 153.71% 120.81% 143.29% 140.45% 121.08%
Dividend per Share 2 - - - - - - -
Announcement Date 5/28/21 5/17/22 5/16/23 5/16/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1
Net sales 1 97.88 93.65 90.64 102.2 115.3 111 108.5 113.6 135.3 118.1 119.9 123.7 142.9 126 132.9
EBITDA 1 46.98 39.35 33.53 46 55.5 48.94 46.56 54.18 73.28 56.44 55.38 58.43 72.96 58.4 61.83
EBIT 1 45.89 38.24 32.36 44.61 54.08 47.35 45.15 51.58 71.84 54.95 53.6 56.32 71.06 56.33 58.9
Operating Margin 46.88% 40.83% 35.71% 43.66% 46.92% 42.67% 41.63% 45.4% 53.1% 46.55% 44.71% 45.53% 49.74% 44.72% 44.31%
Earnings before Tax (EBT) 1 35.81 27.9 22.49 33.01 40.94 36.72 34.52 39.7 63.03 47.95 42.82 45.28 57.33 42.56 48.13
Net income 1 55.65 36.73 22.38 26.3 33.47 30.67 28.41 30.6 47.96 40.62 32.37 34.14 43.57 32.36 36.52
Net margin 56.85% 39.21% 24.69% 25.74% 29.04% 27.64% 26.19% 26.94% 35.45% 34.41% 27% 27.6% 30.5% 25.69% 27.47%
EPS 2 0.2600 0.1700 0.1000 0.1200 0.1600 0.1400 0.1300 0.1500 0.2400 0.2000 0.1676 0.1778 0.2226 0.1732 0.1900
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/8/22 5/17/22 8/4/22 11/10/22 2/9/23 5/16/23 8/8/23 11/9/23 2/8/24 5/16/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - -
Net Cash position 1 - 798 841 763 823 946 899
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 121 173 178 205 218 234
ROE (net income / shareholders' equity) - 28.2% 16.8% 21% 21.5% 21% 19.2%
ROA (Net income/ Total Assets) - 21.4% 14.6% 17.7% 17.9% 18% 16.3%
Assets 1 - 621.5 774.9 835.9 798.5 860.7 1,183
Book Value Per Share 2 - 4.570 4.980 4.380 4.920 5.920 6.970
Cash Flow per Share 2 - 0.6600 0.8400 0.8900 1.050 1.250 -
Capex 1 - 1.91 1.7 0.15 1.29 1.58 -
Capex / Sales - 0.56% 0.41% 0.03% 0.25% 0.28% -
Announcement Date 5/28/21 5/17/22 5/16/23 5/16/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
26.37 USD
Average target price
30.15 USD
Spread / Average Target
+14.35%
Consensus
  1. Stock Market
  2. Equities
  3. DOCS Stock
  4. Financials Doximity, Inc.