DigitalOcean Statistics
Total Valuation
DOCN has a market cap or net worth of $3.36 billion. The enterprise value is $4.60 billion.
| Market Cap | 3.36B |
| Enterprise Value | 4.60B |
Important Dates
The last earnings date was Friday, May 10, 2024, before market open.
| Earnings Date | May 10, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
DOCN has 91.09 million shares outstanding. The number of shares has decreased by -1.86% in one year.
| Shares Outstanding | 91.09M |
| Shares Change (YoY) | -1.86% |
| Shares Change (QoQ) | +1.48% |
| Owned by Insiders (%) | 32.17% |
| Owned by Institutions (%) | 55.10% |
| Float | 61.22M |
Valuation Ratios
The trailing PE ratio is 71.15 and the forward PE ratio is 21.85. DOCN's PEG ratio is 1.87.
| PE Ratio | 71.15 |
| Forward PE | 21.85 |
| PS Ratio | 4.72 |
| Forward PS | 4.17 |
| PB Ratio | n/a |
| P/FCF Ratio | 27.85 |
| PEG Ratio | 1.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.13, with an EV/FCF ratio of 38.08.
| EV / Earnings | 92.09 |
| EV / Sales | 6.45 |
| EV / EBITDA | 23.13 |
| EV / EBIT | 58.98 |
| EV / FCF | 38.08 |
Financial Position
The company has a current ratio of 2.73
| Current Ratio | 2.73 |
| Quick Ratio | 2.57 |
| Debt / Equity | n/a |
| Debt / EBITDA | 8.33 |
| Debt / FCF | 13.72 |
| Interest Coverage | 8.60 |
Financial Efficiency
Return on equity (ROE) is -16.30% and return on invested capital (ROIC) is 2.99%.
| Return on Equity (ROE) | -16.30% |
| Return on Assets (ROA) | 3.40% |
| Return on Capital (ROIC) | 2.99% |
| Revenue Per Employee | $616,332 |
| Profits Per Employee | $43,182 |
| Employee Count | 1,156 |
| Asset Turnover | 0.49 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, DOCN has paid $18.96 million in taxes.
| Income Tax | 18.96M |
| Effective Tax Rate | 27.53% |
Stock Price Statistics
The stock price has increased by +10.51% in the last 52 weeks. The beta is 1.83, so DOCN's price volatility has been higher than the market average.
| Beta (1Y) | 1.83 |
| 52-Week Price Change | +10.51% |
| 50-Day Moving Average | 36.49 |
| 200-Day Moving Average | 32.18 |
| Relative Strength Index (RSI) | 54.74 |
| Average Volume (30 Days) | 1,437,758 |
Short Selling Information
The latest short interest is 6.37 million, so 6.99% of the outstanding shares have been sold short.
| Short Interest | 6.37M |
| Short Previous Month | 6.49M |
| Short % of Shares Out | 6.99% |
| Short % of Float | 10.41% |
| Short Ratio (days to cover) | 8.13 |
Income Statement
In the last 12 months, DOCN had revenue of $712.48 million and earned $49.92 million in profits. Earnings per share was $0.52.
| Revenue | 712.48M |
| Gross Profit | 427.75M |
| Operating Income | 56.49M |
| Pretax Income | 68.88M |
| Net Income | 49.92M |
| EBITDA | 198.78M |
| EBIT | 77.94M |
| Earnings Per Share (EPS) | $0.52 |
Balance Sheet
The company has $420.81 million in cash and $1.66 billion in debt, giving a net cash position of -$1.24 billion or -$13.56 per share.
| Cash & Cash Equivalents | 420.81M |
| Total Debt | 1.66B |
| Net Cash | -1.24B |
| Net Cash Per Share | -$13.56 |
| Equity / Book Value | -286.07M |
| Book Value Per Share | -3.14 |
| Working Capital | 326.86M |
Cash Flow
In the last 12 months, operating cash flow was $265.42 million and capital expenditures -$144.70 million, giving a free cash flow of $120.72 million.
| Operating Cash Flow | 265.42M |
| Capital Expenditures | -144.70M |
| Free Cash Flow | 120.72M |
| FCF Per Share | $1.33 |
Margins
Gross margin is 60.04%, with operating and profit margins of 7.93% and 7.01%.
| Gross Margin | 60.04% |
| Operating Margin | 7.93% |
| Pretax Margin | 9.67% |
| Profit Margin | 7.01% |
| EBITDA Margin | 27.90% |
| EBIT Margin | 10.94% |
| FCF Margin | 16.94% |
Dividends & Yields
DOCN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.86% |
| Shareholder Yield | 1.86% |
| Earnings Yield | 1.48% |
| FCF Yield | 3.59% |
Analyst Forecast
The average price target for DOCN is $37.30, which is 0.81% higher than the current price. The consensus rating is "Buy".
| Price Target | $37.30 |
| Price Target Difference | 0.81% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 14.05% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
DOCN has an Altman Z-Score of 1.74 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.74 |
| Piotroski F-Score | 7 |