DigitalOcean Holdings Inc DOCN

Morningstar Rating
$42.90 +3.37 (8.53%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

DOCN is trading at a 516% premium.
Price
$39.36
Fair Value
$72.26
Uncertainty
High
1-Star Price
$41.32
5-Star Price
$88.91
Economic Moat
Bnl
Capital Allocation

News

Trading Information

Previous Close Price
$39.53
Day Range
$40.5042.94
52-Week Range
$19.3943.88
Bid/Ask
$41.71 / $42.80
Market Cap
$3.95 Bil
Volume/Avg
1.1 Mil / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
22.30
Price/Sales
5.23
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
3.78%

Company Profile

DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Growth
Total Number of Employees
1,156

Comparables

Valuation

Metric
DOCN
FSLY
ONTF
Price/Earnings (Normalized)
22.3043.21
Price/Book Value
1.041.49
Price/Sales
5.231.851.66
Price/Cash Flow
13.2113.9912.50
Price/Earnings
DOCN
FSLY
ONTF

Financial Strength

Metric
DOCN
FSLY
ONTF
Quick Ratio
2.323.892.55
Current Ratio
2.474.132.76
Interest Coverage
9.39−67.55−863.65
Quick Ratio
DOCN
FSLY
ONTF

Profitability

Metric
DOCN
FSLY
ONTF
Return on Assets (Normalized)
11.90%−1.41%2.32%
Return on Equity (Normalized)
−2.25%3.50%
Return on Invested Capital (Normalized)
12.83%−2.30%2.11%
Return on Assets
DOCN
FSLY
ONTF

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