DocuSign, Inc. (DOCU) is a publicly traded company in the Technology — Software - Application industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements. Beyond its foundational e-signature service, DocuSign offers an extensive suite of tools for digital agreement management.
Is DocuSign, Inc. stock overvalued or undervalued in 2026?
DocuSign, Inc. (DOCU) trades at 49.0× earnings (P/E), above the median of the 317 technology companies over $2bn in Kaplio's universe. At its sector median (31.5×) $52 (-36%).
Kaplio overview: DocuSign, Inc.
Market cap $15B · 52 weeks $42 – $85 (6% below the high) · P/E 49.0× · 2027 est. P/E 17.4× · Dividend none · Next earnings December 3, 2026 · expected EPS $1.17 · Closing price, Nov 3 · accounts published Sep 3.
- Valuation: TTM P/E 49.0× (expensive).
- Business: ROIC 15% (fair).
- Balance sheet: Net cash/EBITDA 1.5× (solid).
- Earnings: 8 of 8 (uneven).
Where would it trade at its usual multiples?
At its sector median (31.5×) $52 (-36%). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 6 of 8 pass
- 3y revenue growth 8.6%, fails.
- SBC / Revenue 19.3%, fails.
- Rule of 40 (SaaS only) 42, passes.
- Gross margin 79.4%, passes.
- FCF / Revenue 32.9%, passes.
- ROIC 15.1%, passes, near the threshold.
- Net debt / EBITDA −1.5×, passes.
- EV/EBITDA vs own 5y 26.4×, passes.
Against its peers (same industry, similar size) — DocuSign, Inc.: P/E 49.0×; EV/EBITDA 26.4×; ROIC 15.1%; $15.0B. Manhattan Associates, Inc. (P/E 71.5×; EV/EBITDA 50.0×; ROIC 76.3%; $14.9B), Fair Isaac Corporation (P/E 20.9×; EV/EBITDA 16.6×; ROIC 59.4%; $15.6B), Tyler Technologies, Inc. (P/E 50.9×; EV/EBITDA 28.8×; ROIC 6.8%; $16.1B).
Profitability
| Return on Equity | 17.74% |
| Return on Invested Capital | 15.06% |
| Return on Assets | 8.33% |
| Gross Margin | 79.49% |
| Operating Margin | 11.96% |
| Net Margin | 9.82% |
Financial Health
| Debt / Equity | 0.11 |
| Current Ratio | 0.64 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.96 |
Price Performance
| 1 month | +14.75% |
| 3 months | +41.23% |
| Year-to-date | +17.49% |
| 1 year | +13.49% |
| 3 years | +95.57% |
| 5 years | -69.96% |
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Explore sector: Technology · Software - Application
More sections of DOCU: Financials · Valuation · Estimates · Technical · Ownership
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