DocuSign Inc $DOCU - A Valuation On 12th August 2021
The dominant player in the small but exploding digital signatures market. The company has led the way, built system integrations, and has a brand name that companies trust.
Summary
DocuSign is the dominant player in the small but exploding digital signatures market. The company has led the way, built system integrations, and has a brand name that companies trust. Their rapid growth will continue as the core market grows, but they will continue to branch out into related services. As they grow and mature, economies of scale will continue to kick in and drive margins higher. They might not become as profitable as Adobe (the leader), but they will undoubtedly do substantially better than the industry average.
Market Price = $306.5
Estimated Value = $184.85
Price/Value = 165.8%
Monte-Carlo Price Percentile = 85%
Rating At Current PriceΒ = REDUCE