DigitalOcean Statistics
Total Valuation
DOCN has a market cap or net worth of $2.94 billion. The enterprise value is $4.18 billion.
| Market Cap | 2.94B |
| Enterprise Value | 4.18B |
Important Dates
The next confirmed earnings date is Friday, May 10, 2024, before market open.
| Earnings Date | May 10, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
DOCN has 90.80 million shares outstanding. The number of shares has decreased by -4.36% in one year.
| Shares Outstanding | 90.80M |
| Shares Change (YoY) | -4.36% |
| Shares Change (QoQ) | -9.99% |
| Owned by Insiders (%) | 33.39% |
| Owned by Institutions (%) | 52.43% |
| Float | 60.43M |
Valuation Ratios
The trailing PE ratio is 162.15 and the forward PE ratio is 19.58. DOCN's PEG ratio is 1.87.
| PE Ratio | 162.15 |
| Forward PE | 19.58 |
| PS Ratio | 4.25 |
| Forward PS | 3.76 |
| PB Ratio | n/a |
| P/FCF Ratio | 26.68 |
| PEG Ratio | 1.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.22, with an EV/FCF ratio of 37.89.
| EV / Earnings | 215.43 |
| EV / Sales | 6.03 |
| EV / EBITDA | 27.22 |
| EV / EBIT | 117.05 |
| EV / FCF | 37.89 |
Financial Position
The company has a current ratio of 2.61
| Current Ratio | 2.61 |
| Quick Ratio | 2.47 |
| Debt / Equity | n/a |
| Debt / EBITDA | 10.74 |
| Debt / FCF | 14.95 |
| Interest Coverage | 3.99 |
Financial Efficiency
Return on equity (ROE) is -6.80% and return on invested capital (ROIC) is 0.65%.
| Return on Equity (ROE) | -6.80% |
| Return on Assets (ROA) | 1.30% |
| Return on Capital (ROIC) | 0.65% |
| Revenue Per Employee | $599,381 |
| Profits Per Employee | $16,790 |
| Employee Count | 1,156 |
| Asset Turnover | 0.46 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, DOCN has paid $7.37 million in taxes.
| Income Tax | 7.37M |
| Effective Tax Rate | 27.51% |
Stock Price Statistics
The stock price has decreased by -5.89% in the last 52 weeks. The beta is 1.79, so DOCN's price volatility has been higher than the market average.
| Beta (1Y) | 1.79 |
| 52-Week Price Change | -5.89% |
| 50-Day Moving Average | 37.82 |
| 200-Day Moving Average | 33.47 |
| Relative Strength Index (RSI) | 26.70 |
| Average Volume (30 Days) | 1,044,509 |
Short Selling Information
The latest short interest is 6.49 million, so 7.14% of the outstanding shares have been sold short.
| Short Interest | 6.49M |
| Short Previous Month | 6.13M |
| Short % of Shares Out | 7.14% |
| Short % of Float | 10.73% |
| Short Ratio (days to cover) | 6.81 |
Income Statement
In the last 12 months, DOCN had revenue of $692.88 million and earned $19.41 million in profits. Earnings per share was $0.20.
| Revenue | 692.88M |
| Gross Profit | 408.92M |
| Operating Income | 11.90M |
| Pretax Income | 26.78M |
| Net Income | 19.41M |
| EBITDA | 153.59M |
| EBIT | 35.72M |
| Earnings Per Share (EPS) | $0.20 |
Balance Sheet
The company has $413.52 million in cash and $1.65 billion in debt, giving a net cash position of -$1.24 billion or -$13.62 per share.
| Cash & Cash Equivalents | 413.52M |
| Total Debt | 1.65B |
| Net Cash | -1.24B |
| Net Cash Per Share | -$13.62 |
| Equity / Book Value | -313.70M |
| Book Value Per Share | -3.45 |
| Working Capital | 310.35M |
Cash Flow
In the last 12 months, operating cash flow was $234.94 million and capital expenditures -$124.58 million, giving a free cash flow of $110.37 million.
| Operating Cash Flow | 234.94M |
| Capital Expenditures | -124.58M |
| Free Cash Flow | 110.37M |
| FCF Per Share | $1.22 |
Margins
Gross margin is 59.02%, with operating and profit margins of 1.72% and 2.80%.
| Gross Margin | 59.02% |
| Operating Margin | 1.72% |
| Pretax Margin | 3.86% |
| Profit Margin | 2.80% |
| EBITDA Margin | 22.17% |
| EBIT Margin | 5.16% |
| FCF Margin | 15.93% |
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 | 4.36% |
| Shareholder Yield | 4.36% |
| Earnings Yield | 0.66% |
| FCF Yield | 3.75% |
Analyst Forecast
The average price target for DOCN is $38.30, which is 18.10% higher than the current price. The consensus rating is "Buy".
| Price Target | $38.30 |
| Price Target Difference | 18.10% |
| 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 1.48 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.48 |
| Piotroski F-Score | 7 |