D

DigitalOcean Holdings Inc
NYSE:DOCN

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DigitalOcean Holdings Inc
NYSE:DOCN
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Price: 35.7 USD 0.71% Market Closed
Market Cap: 3.3B USD
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Relative Value

The Relative Value of one DOCN stock under the Base Case scenario is 75.77 USD. Compared to the current market price of 35.7 USD, DigitalOcean Holdings Inc is Undervalued by 53%.

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.

DOCN Relative Value
Base Case
75.77 USD
Undervaluation 53%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
29
Median 3Y
5.3
Median 5Y
5.5
Industry
2.4
Forward
4.2
vs History
21
vs Industry
11
Median 3Y
-110.5
Median 5Y
-117.8
Industry
23.2
Forward
20
vs History
65
vs Industry
44
Median 3Y
14.2
Median 5Y
12.9
Industry
17.4
vs History
30
vs Industry
24
Median 3Y
31.6
Median 5Y
28.9
Industry
21.3
vs History
vs Industry
1
Median 3Y
-7.4
Median 5Y
5.2
Industry
2.9
vs History
80
vs Industry
20
Median 3Y
6.4
Median 5Y
6.9
Industry
2.4
Forward
5.5
vs History
80
vs Industry
23
Median 3Y
10.6
Median 5Y
11.4
Industry
4.9
vs History
76
vs Industry
19
Median 3Y
47.7
Median 5Y
35.4
Industry
12.9
Forward
13.8
vs History
30
vs Industry
7
Median 3Y
-120.4
Median 5Y
-130.7
Industry
16.5
Forward
21.1
vs History
67
vs Industry
33
Median 3Y
18.6
Median 5Y
17.1
Industry
16.3
vs History
43
vs Industry
17
Median 3Y
46.7
Median 5Y
42.9
Industry
19
vs History
67
vs Industry
27
Median 3Y
4.3
Median 5Y
4.6
Industry
2.5

Multiples Across Competitors

DOCN Competitors Multiples
DigitalOcean Holdings Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
DigitalOcean Holdings Inc
NYSE:DOCN
3.3B USD 4.4 40.1 21.6 62.5
CA
Shopify Inc
NYSE:SHOP
140.7B USD 17.1 101.7 139.1 144.7
US
Snowflake Inc.
NYSE:SNOW
55.7B USD 16.3 -49.4 -46.6 -40.7
US
Cloudflare Inc
NYSE:NET
38.7B USD 24.6 -412.1 -1 082.5 -234.1
US
GoDaddy Inc
NYSE:GDDY
28.8B USD 6.4 15.6 31.5 36.7
US
Verisign Inc
NASDAQ:VRSN
19.2B USD 12.4 22.3 18.4 19
US
MongoDB Inc
NASDAQ:MDB
18.3B USD 9.5 -91.2 -64.2 -59.6
US
Twilio Inc
NYSE:TWLO
16.8B USD 3.9 -36.3 128.3 -144.6
US
Akamai Technologies Inc
NASDAQ:AKAM
14.4B USD 3.6 27.4 11.2 20.9
US
Okta Inc
NASDAQ:OKTA
14.3B USD 5.6 -365.9 -233.4 -90.3
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD 7.1 130.1 111.1 162
P/S Multiple
Revenue Growth P/S to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average P/S: 10.1
4.4
47%
0.1
CA
Shopify Inc
NYSE:SHOP
17.1
87%
0.2
US
Snowflake Inc.
NYSE:SNOW
16.3
96%
0.2
US
Cloudflare Inc
NYSE:NET
24.6
104%
0.2
US
GoDaddy Inc
NYSE:GDDY
6.4
26%
0.2
US
Verisign Inc
NASDAQ:VRSN
12.4
12%
1
US
MongoDB Inc
NASDAQ:MDB
9.5
68%
0.1
US
Twilio Inc
NYSE:TWLO
3.9
26%
0.1
US
Akamai Technologies Inc
NASDAQ:AKAM
3.6
23%
0.2
US
Okta Inc
NASDAQ:OKTA
5.6
39%
0.1
IL
Wix.Com Ltd
NASDAQ:WIX
7.1
48%
0.1
P/E Multiple
Earnings Growth P/E to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average P/E: 56.2
40.1
945%
0
CA
Shopify Inc
NYSE:SHOP
101.7
1 782%
0.1
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.4 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -412.1 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
15.6
-13%
N/A
US
Verisign Inc
NASDAQ:VRSN
22.3
9%
2.4
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -91.2 N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -36.3 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
27.4
110%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -365.9 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
130.1
1 359%
0.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBITDA: 65.9
21.6
171%
0.1
CA
Shopify Inc
NYSE:SHOP
139.1
3 409%
0
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -46.6 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 082.5 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
31.5
116%
0.3
US
Verisign Inc
NASDAQ:VRSN
18.4
15%
1.2
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -64.2 N/A N/A
US
Twilio Inc
NYSE:TWLO
128.3
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
11.2
49%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -233.4 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
111.1
1 614%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBIT: 74.3
62.5
615%
0.1
CA
Shopify Inc
NYSE:SHOP
144.7
42 967%
0
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -40.7 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -234.1 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
36.7
107%
0.3
US
Verisign Inc
NASDAQ:VRSN
19
12%
1.5
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -59.6 N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -144.6 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
20.9
85%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -90.3 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
162
6 834%
0

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