DOXIMITY INC-CLASS A (DOCS) Stock Fundamental Analysis
USA - NYSE:DOCS - US26622P1075 - Common Stock
71.03 USD
+0.77 (+1.1%)
71.03 USD
0 (0%)
Overall DOCS gets a fundamental rating of 7 out of 10. We evaluated DOCS against 35 industry peers in the Health Care Technology industry. DOCS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DOCS is valued quite expensive, but it does show an excellent growth. With these ratings, DOCS could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year DOCS was profitable.
In the past year DOCS had a positive cash flow from operations.
DOCS had positive earnings in each of the past 5 years.
Each year in the past 5 years DOCS had a positive operating cash flow.
1.2 Ratios
DOCS has a Return On Assets of 19.52%. This is amongst the best in the industry. DOCS outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 22.93%, DOCS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
DOCS's Return On Invested Capital of 18.77% is amongst the best of the industry. DOCS outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DOCS is significantly above the industry average of 6.80%.
The last Return On Invested Capital (18.77%) for DOCS is above the 3 year average (14.17%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.52% | ||
| ROE | 22.93% | ||
| ROIC | 18.77% |
ROA(3y)13.75%
ROA(5y)12.65%
ROE(3y)16.22%
ROE(5y)15.68%
ROIC(3y)14.17%
ROIC(5y)16.48%
1.3 Margins
With an excellent Profit Margin value of 39.88%, DOCS belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
DOCS's Profit Margin has improved in the last couple of years.
DOCS has a better Operating Margin (40.46%) than 100.00% of its industry peers.
DOCS's Operating Margin has improved in the last couple of years.
DOCS's Gross Margin of 90.14% is amongst the best of the industry. DOCS outperforms 97.14% of its industry peers.
In the last couple of years the Gross Margin of DOCS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.46% | ||
| PM (TTM) | 39.88% | ||
| GM | 90.14% |
OM growth 3Y6.88%
OM growth 5Y16.16%
PM growth 3Y0.28%
PM growth 5Y33.35%
GM growth 3Y0.66%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
DOCS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for DOCS has been increased compared to 1 year ago.
The number of shares outstanding for DOCS has been increased compared to 5 years ago.
DOCS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
DOCS has an Altman-Z score of 46.78. This indicates that DOCS is financially healthy and has little risk of bankruptcy at the moment.
DOCS has a better Altman-Z score (46.78) than 100.00% of its industry peers.
There is no outstanding debt for DOCS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 46.78 |
ROIC/WACC1.98
WACC9.47%
2.3 Liquidity
A Current Ratio of 6.47 indicates that DOCS has no problem at all paying its short term obligations.
DOCS has a better Current ratio (6.47) than 94.29% of its industry peers.
A Quick Ratio of 6.47 indicates that DOCS has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 6.47, DOCS belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.47 | ||
| Quick Ratio | 6.47 |
3. Growth
3.1 Past
DOCS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.27%, which is quite impressive.
Measured over the past years, DOCS shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.21% on average per year.
The Revenue has grown by 19.45% in the past year. This is quite good.
The Revenue has been growing by 37.42% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)43.27%
EPS 3Y20.79%
EPS 5Y79.21%
EPS Q2Q%28.57%
Revenue 1Y (TTM)19.45%
Revenue growth 3Y18.42%
Revenue growth 5Y37.42%
Sales Q2Q%15.19%
3.2 Future
DOCS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.47% yearly.
Based on estimates for the next years, DOCS will show a quite strong growth in Revenue. The Revenue will grow by 11.87% on average per year.
EPS Next Y9.92%
EPS Next 2Y9.06%
EPS Next 3Y11.35%
EPS Next 5Y13.47%
Revenue Next Year12.02%
Revenue Next 2Y11.46%
Revenue Next 3Y11.42%
Revenue Next 5Y11.87%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 47.67, DOCS can be considered very expensive at the moment.
DOCS's Price/Earnings ratio is a bit cheaper when compared to the industry. DOCS is cheaper than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. DOCS is valued rather expensively when compared to this.
DOCS is valuated quite expensively with a Price/Forward Earnings ratio of 42.36.
DOCS's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, DOCS is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.67 | ||
| Fwd PE | 42.36 |
4.2 Price Multiples
DOCS's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, DOCS is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.3 | ||
| EV/EBITDA | 47.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DOCS does not grow enough to justify the current Price/Earnings ratio.
DOCS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.8
PEG (5Y)0.6
EPS Next 2Y9.06%
EPS Next 3Y11.35%
5. Dividend
5.1 Amount
No dividends for DOCS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
71.03
+0.77 (+1.1%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)
Earnings (Next)
Inst Owners96.64%
Inst Owner Change-2.61%
Ins Owners1.94%
Ins Owner Change0.09%
Market Cap13.30B
Analysts76.92
Price Target70.49 (-0.76%)
Short Float %3.27%
Short Ratio2.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.11%
Min EPS beat(2)17.55%
Max EPS beat(2)36.67%
EPS beat(4)4
Avg EPS beat(4)25.17%
Min EPS beat(4)15.86%
Max EPS beat(4)36.67%
EPS beat(8)8
Avg EPS beat(8)24.03%
EPS beat(12)12
Avg EPS beat(12)21.73%
EPS beat(16)16
Avg EPS beat(16)33.54%
Revenue beat(2)2
Avg Revenue beat(2)1.95%
Min Revenue beat(2)1.38%
Max Revenue beat(2)2.52%
Revenue beat(4)4
Avg Revenue beat(4)4.39%
Min Revenue beat(4)1.38%
Max Revenue beat(4)8.16%
Revenue beat(8)7
Avg Revenue beat(8)3.34%
Revenue beat(12)9
Avg Revenue beat(12)2.13%
Revenue beat(16)12
Avg Revenue beat(16)2.76%
PT rev (1m)7.71%
PT rev (3m)12.43%
EPS NQ rev (1m)3.24%
EPS NQ rev (3m)10.84%
EPS NY rev (1m)7.26%
EPS NY rev (3m)16.04%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)1.21%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.67 | ||
| Fwd PE | 42.36 | ||
| P/S | 22.56 | ||
| P/FCF | 46.3 | ||
| P/OCF | 45.23 | ||
| P/B | 12.97 | ||
| P/tB | 14.22 | ||
| EV/EBITDA | 47.14 |
EPS(TTM)1.49
EY2.1%
EPS(NY)1.68
Fwd EY2.36%
FCF(TTM)1.53
FCFY2.16%
OCF(TTM)1.57
OCFY2.21%
SpS3.15
BVpS5.48
TBVpS5
PEG (NY)4.8
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.52% | ||
| ROE | 22.93% | ||
| ROCE | 22.84% | ||
| ROIC | 18.77% | ||
| ROICexc | 96.31% | ||
| ROICexgc | 172.66% | ||
| OM | 40.46% | ||
| PM (TTM) | 39.88% | ||
| GM | 90.14% | ||
| FCFM | 48.73% |
ROA(3y)13.75%
ROA(5y)12.65%
ROE(3y)16.22%
ROE(5y)15.68%
ROIC(3y)14.17%
ROIC(5y)16.48%
ROICexc(3y)82.49%
ROICexc(5y)193.92%
ROICexgc(3y)186.25%
ROICexgc(5y)N/A
ROCE(3y)17.25%
ROCE(5y)20.05%
ROICexcg growth 3Y3.35%
ROICexcg growth 5YN/A
ROICexc growth 3Y-4.75%
ROICexc growth 5YN/A
OM growth 3Y6.88%
OM growth 5Y16.16%
PM growth 3Y0.28%
PM growth 5Y33.35%
GM growth 3Y0.66%
GM growth 5Y0.68%
F-Score8
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 62.32% | ||
| Cap/Sales | 1.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 117.9% | ||
| Profit Quality | 122.2% | ||
| Current Ratio | 6.47 | ||
| Quick Ratio | 6.47 | ||
| Altman-Z | 46.78 |
F-Score8
WACC9.47%
ROIC/WACC1.98
Cap/Depr(3y)59.31%
Cap/Depr(5y)83.25%
Cap/Sales(3y)1.28%
Cap/Sales(5y)1.55%
Profit Quality(3y)131.35%
Profit Quality(5y)169.54%
High Growth Momentum
Growth
EPS 1Y (TTM)43.27%
EPS 3Y20.79%
EPS 5Y79.21%
EPS Q2Q%28.57%
EPS Next Y9.92%
EPS Next 2Y9.06%
EPS Next 3Y11.35%
EPS Next 5Y13.47%
Revenue 1Y (TTM)19.45%
Revenue growth 3Y18.42%
Revenue growth 5Y37.42%
Sales Q2Q%15.19%
Revenue Next Year12.02%
Revenue Next 2Y11.46%
Revenue Next 3Y11.42%
Revenue Next 5Y11.87%
EBIT growth 1Y26.79%
EBIT growth 3Y26.56%
EBIT growth 5Y59.63%
EBIT Next Year12.83%
EBIT Next 3Y13.34%
EBIT Next 5Y12.98%
FCF growth 1Y54.23%
FCF growth 3Y30.18%
FCF growth 5Y64.72%
OCF growth 1Y53.19%
OCF growth 3Y29.24%
OCF growth 5Y59.83%