DigitalOcean Inc. (DOCN)
DigitalOcean Statistics
Share Statistics
DigitalOcean has 92.07M shares outstanding. The number of shares has increased by 1.07% in one year.
| Shares Outstanding | 92.07M |
| Shares Change (YoY) | 1.07% |
| Shares Change (QoQ) | -0.23% |
| Owned by Institutions (%) | 61.08% |
| Shares Floating | 62.21M |
| Failed to Deliver (FTD) Shares | 2.9K |
| FTD / Avg. Volume | 0.23% |
Short Selling Information
The latest short interest is 6.44M, so 6.98% of the outstanding shares have been sold short.
| Short Interest | 6.44M |
| Short % of Shares Out | 6.98% |
| Short % of Float | 10.36% |
| Short Ratio (days to cover) | 8.36 |
Valuation Ratios
The PE ratio is 36.95 and the forward PE ratio is 22.77. DigitalOcean's PEG ratio is 0.12.
| PE Ratio | 36.95 |
| Forward PE | 22.77 |
| PS Ratio | 4 |
| Forward PS | 2.7 |
| PB Ratio | -15.38 |
| P/FCF Ratio | 32.45 |
| PEG Ratio | 0.12 |
Enterprise Valuation
DigitalOcean Inc. has an Enterprise Value (EV) of 4.65B.
| EV / Earnings | 54.98 |
| EV / Sales | 5.95 |
| EV / EBITDA | 51.05 |
| EV / EBIT | 51.05 |
| EV / FCF | 48.29 |
Financial Position
The company has a current ratio of 2.45, with a Debt / Equity ratio of -8.35.
| Current Ratio | 2.45 |
| Quick Ratio | 2.45 |
| Debt / Equity | -8.35 |
| Total Debt / Capitalization | 113.6 |
| Cash Flow / Debt | 0.17 |
| Interest Coverage | 9.99 |
Financial Efficiency
Return on equity (ROE) is -0.42% and return on capital (ROIC) is 5.27%.
| Return on Equity (ROE) | -0.42% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 5.27% |
| Revenue Per Employee | $645,136.36 |
| Profits Per Employee | $69,828.1 |
| Employee Count | 1,210 |
| Asset Turnover | 0.48 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 13.21M |
| Effective Tax Rate | 0.14 |
Stock Price Statistics
The stock price has increased by -12.5% in the last 52 weeks. The beta is 1.8, so DigitalOcean's price volatility has been higher than the market average.
| Beta | 1.8 |
| 52-Week Price Change | -12.5% |
| 50-Day Moving Average | 39.99 |
| 200-Day Moving Average | 37.76 |
| Relative Strength Index (RSI) | 33.53 |
| Average Volume (20 Days) | 1.27M |
Income Statement
In the last 12 months, DigitalOcean had revenue of 780.62M and earned 84.49M in profits. Earnings per share was 0.92.
| Revenue | 780.62M |
| Gross Profit | 465.94M |
| Operating Income | 91.01M |
| Net Income | 84.49M |
| EBITDA | 91.01M |
| EBIT | 91.01M |
| Earnings Per Share (EPS) | 0.92 |
Balance Sheet
The company has 428.45M in cash and 1.7B in debt, giving a net cash position of -1.27B.
| Cash & Cash Equivalents | 428.45M |
| Total Debt | 1.7B |
| Net Cash | -1.27B |
| Retained Earnings | -258.74M |
| Total Assets | 1.64B |
| Working Capital | 320.76M |
Cash Flow
In the last 12 months, operating cash flow was 282.73M and capital expenditures -186.52M, giving a free cash flow of 96.2M.
| Operating Cash Flow | 282.73M |
| Capital Expenditures | -186.52M |
| Free Cash Flow | 96.2M |
| FCF Per Share | 1.05 |
Margins
Gross margin is 59.69%, with operating and profit margins of 11.66% and 10.82%.
| Gross Margin | 59.69% |
| Operating Margin | 11.66% |
| Pretax Margin | 12.52% |
| Profit Margin | 10.82% |
| EBITDA Margin | 11.66% |
| EBIT Margin | 11.66% |
| FCF Margin | 12.32% |
Dividends & Yields
DOCN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 2.75% |
| FCF Yield | 3.13% |
Analyst Forecast
The average price target for DOCN is $44.5, which is 33.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $44.5 |
| Price Target Difference | 33.2% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 1.78 |
| Piotroski F-Score | 6 |