Doximity Inc - Class A
Founded in 2010, Doximity is the leading digital platform for U.S. medical professionals. The company's network members include more than 80% of U.S. physicians across all specialties and practice areas. Doximity provides its verified clinical membership with digital tools built for medicine, enabling them to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. Doximity's mission is to help doctors be more productive so they can provide better care for their patients.
Current Price
$18.97
+5.33%GoodMoat Value
$50.49
166.2% undervaluedDoximity Inc - Class A (DOCS) Stock Analysis
DOCS Financial Charts
FCF vs CAPEX
Forward estimates use 50.0% FCF growth (CAGR)
Cash vs Debt
Net Cash: 197M
Revenue
86M
FY19
116M
FY20
207M
FY21
344M
FY22
419M
FY23
475M
FY24
570M
FY25
Net Income
8M
FY19
30M
FY20
50M
FY21
155M
FY22
113M
FY23
148M
FY24
223M
FY25
DOCS 52-Week Range
Earnings per share grew at a 50.0% CAGR.
Doximity Inc - Class A (DOCS) Financial Summary
Doximity Inc - Class A (DOCS) is a Healthcare company in the Health Information Services industry, listed on NYSE. The stock currently trades at $18.97 with a market capitalization of $3.57B.
Key valuation metrics include a P/E ratio of 14.92, price-to-book ratio of 3.30, and EPS of $1.11. The company reports a profit margin of 37.5% and return on equity of 22.1%.
DOCS Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $3.57B |
| P/E Ratio | 14.92 |
| EPS | $1.11 |
| P/B Ratio | 3.30 |
| P/S Ratio | 5.60 |
| EV/EBITDA | 9.78 |
| Profit Margin | 37.5% |
| Return on Equity | 22.1% |
| Debt/Equity | 0.01 |
DOCS Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $85.69M | $7.83M |
| FY20 | $116.39M | $29.74M |
| FY21 | $206.90M | $50.21M |
| FY22 | $343.55M | $154.78M |
| FY23 | $419.05M | $112.82M |
| FY24 | $475.42M | $147.58M |
| FY25 | $570.40M | $223.19M |
Doximity Inc - Class A (DOCS) Valuation
Based on GoodMoat's DCF model, Doximity Inc - Class A has a fair value estimate of $50.49. At the current price of $18.97, the stock appears 62.4% undervalued relative to our intrinsic value estimate.
DOCS Quality Indicators
Doximity Inc - Class A maintains a profit margin of 37.5% and an operating margin of 39.9%. Return on equity stands at 22.1%. The current ratio is 6.97. Debt-to-equity ratio is 0.01.
About Doximity Inc - Class A
Founded in 2010, Doximity is the leading digital platform for U.S. medical professionals. The company's network members include more than 80% of U.S. physicians across all specialties and practice areas. Doximity provides its verified clinical membership with digital tools built for medicine, enabling them to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. Doximity's mission is to help doctors be more productive so they can provide better care for their patients.
DOCS Free Cash Flow
Doximity Inc - Class A generated $266.74M in trailing twelve-month free cash flow, representing an FCF yield of 7.47%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
DOCS Shares Outstanding
Doximity Inc - Class A has 0.19 billion shares outstanding at a share price of $18.97, giving it a market capitalization of $3.57B.