D

DigitalOcean Holdings Inc
NYSE:DOCN

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DigitalOcean Holdings Inc
NYSE:DOCN
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Price: 39.29 USD 1.08%
Market Cap: 3.6B USD
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Relative Value

The Relative Value of one DOCN stock under the Base Case scenario is 73.33 USD. Compared to the current market price of 39.29 USD, DigitalOcean Holdings Inc is Undervalued by 46%.

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
73.33 USD
Undervaluation 46%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
29
Median 3Y
5.3
Median 5Y
5.6
Industry
2.4
Forward
4.6
vs History
21
vs Industry
11
Median 3Y
-111.5
Median 5Y
-119.1
Industry
23.1
Forward
22
vs History
65
vs Industry
44
Median 3Y
14.2
Median 5Y
13
Industry
16.9
vs History
30
vs Industry
24
Median 3Y
30.6
Median 5Y
28.7
Industry
21.5
vs History
vs Industry
1
Median 3Y
-5.8
Median 5Y
5.3
Industry
2.9
vs History
80
vs Industry
20
Median 3Y
6.5
Median 5Y
7
Industry
2.4
Forward
5.9
vs History
80
vs Industry
23
Median 3Y
10.7
Median 5Y
11.5
Industry
4.8
vs History
76
vs Industry
19
Median 3Y
48.1
Median 5Y
37.8
Industry
12.9
Forward
15.3
vs History
30
vs Industry
7
Median 3Y
-120.4
Median 5Y
-136.4
Industry
16.7
Forward
23.7
vs History
67
vs Industry
33
Median 3Y
18.6
Median 5Y
17.2
Industry
15.7
vs History
43
vs Industry
17
Median 3Y
46.9
Median 5Y
42.5
Industry
18.7
vs History
67
vs Industry
27
Median 3Y
4.5
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
3.6B USD 4.8 44.2 23.1 66.9
CA
Shopify Inc
NYSE:SHOP
137.1B USD 16.6 98.6 135.4 140.8
US
Snowflake Inc.
NYSE:SNOW
57.8B USD 17.7 -55.9 -50.3 -44.1
US
Cloudflare Inc
NYSE:NET
35.4B USD 22.8 -383.3 -990.5 -214.2
US
GoDaddy Inc
NYSE:GDDY
27B USD 6 14.6 29.7 34.5
US
MongoDB Inc
NASDAQ:MDB
24.5B USD 13.3 -110.6 -88.6 -81.9
US
Verisign Inc
NASDAQ:VRSN
17.7B USD 11.5 20.7 17.1 17.7
US
Twilio Inc
NYSE:TWLO
15.9B USD 3.7 -34.5 121.1 -136.5
US
Akamai Technologies Inc
NASDAQ:AKAM
13.9B USD 3.5 26.4 10.8 20.1
US
Okta Inc
NASDAQ:OKTA
13B USD 5.2 -94.6 -81.4 -51.8
IL
Wix.Com Ltd
NASDAQ:WIX
11.8B USD 7.1 158.9 163.2 281.5
P/E Multiple
Earnings Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average P/E: 60.6
44.2
941%
CA
Shopify Inc
NYSE:SHOP
98.6
1 716%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -55.9 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -383.3 N/A
US
GoDaddy Inc
NYSE:GDDY
14.6
-13%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -110.6 N/A
US
Verisign Inc
NASDAQ:VRSN
20.7
12%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -34.5 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
26.4
111%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -94.6 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
158.9
1 247%
EV/EBITDA Multiple
EBITDA Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBITDA: 71.5
23.1
166%
CA
Shopify Inc
NYSE:SHOP
135.4
3 292%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -50.3 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -990.5 N/A
US
GoDaddy Inc
NYSE:GDDY
29.7
115%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -88.6 N/A
US
Verisign Inc
NASDAQ:VRSN
17.1
15%
US
Twilio Inc
NYSE:TWLO
121.1
N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
10.8
53%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -81.4 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
163.2
1 611%
EV/EBIT Multiple
EBIT Growth
US
D
DigitalOcean Holdings Inc
NYSE:DOCN
Average EV/EBIT: 93.6
66.9
574%
CA
Shopify Inc
NYSE:SHOP
140.8
41 950%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -44.1 N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -214.2 N/A
US
GoDaddy Inc
NYSE:GDDY
34.5
111%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -81.9 N/A
US
Verisign Inc
NASDAQ:VRSN
17.7
14%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -136.5 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
20.1
89%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -51.8 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
281.5
6 673%

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