Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. DocuSign's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was -25.17%.
The historical rank and industry rank for DocuSign's ROC (Joel Greenblatt) % or its related term are showing as below:
DOCU'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -602.58 Med: -99.61 Max: -19.04
Current: -23.85
During the past 7 years, DocuSign's highest ROC (Joel Greenblatt) % was -19.04%. The lowest was -602.58%. And the median was -99.61%.
DocuSign's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 34.20% per year.
DocuSign ROC (Joel Greenblatt) % Historical Data
The historical data trend for DocuSign's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
DocuSign Annual Data
|
|
Trend |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
| ROC (Joel Greenblatt) % |
|
|
|
-76.59 |
-602.58 |
-99.61 |
-65.95 |
-19.04 |
|
DocuSign Quarterly Data
|
|
Jul17 |
Oct17 |
Jan18 |
Apr18 |
Jul18 |
Oct18 |
Jan19 |
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
| ROC (Joel Greenblatt) % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-5.87 |
-30.02 |
-4.30 |
-35.80 |
-25.17 |
Competitive Comparison
For the Software - Application subindustry, DocuSign's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DocuSign ROC (Joel Greenblatt) % Distribution
For the Software industry and Technology sector, DocuSign's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where DocuSign's ROC (Joel Greenblatt) % falls into.
DocuSign ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
| ROC (Joel Greenblatt) % | = | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) |
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
When net working capital is negative, 0 is used.
So ROC (Joel Greenblatt) % of DocuSign for the quarter that ended in Apr. 2022 can be restated as:
Note:
The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DocuSign Business Description
Traded in Other Exchanges
Address
221 Main Street, Suite 1550, San Francisco, CA, USA, 94105
DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.
Executives
| Gaylor Cynthia |
officer: Chief Financial Officer |
C/O PIVOTAL SOFTWARE, INC. 875 HOWARD STREET, FIFTH FLOOR SAN FRANCISCO CA 94103 |
| Olrich Scott V. |
officer: Chief Operating Officer |
C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105 |
| Salem Enrique T |
director |
SYMANTEC CORPORATION 20330 STEVENS CREEK BLVD. CUPERTINO CA 95014 |
| Solvik Peter |
director |
2105 SOUTH BASCOM AVE. #370 CAMPBELL CA 95008 |
| Alhadeff Loren |
officer: Chief Revenue Officer |
C/O DOCUSIGN, INC. SUITE 1000 SAN FRANCISCO CA 94105 |
| Wilderotter Mary Agnes |
director |
115 ALPINE TERRACE OAKLAND CA 94618 |
| Springer Daniel D. |
director, officer: President and CEO |
C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105 |
| Phi Tram T |
officer: SVP, General Counsel |
C/O IMPERVA, INC. 3400 BRIDGE PARKWAY REDWOOD SHORES CA 94065 |
| Suh Inhi Cho |
director |
C/O DOCUSIGN, INC. 221 MAIN STREET, SUITE 1000 SAN FRANCISCO CA 94105 |
| Singh Sudhir Steven |
director |
6222 185TH AVE REDMOND WA 98052 |
| Irving Blake |
director |
14455 N. HAYDEN RD. SCOTTSDALE AZ 85260 |
| Briggs Teresa |
director |
2225 LAWSON LANE SANTA CLARA CA 95054 |
| Beer James A |
director |
MCKESSON CORPORATION ONE POST STREET SAN FRANCISCO CA 94104 |
| Wolberg Kirsten O. |
officer: Chief Technology & Ops Officer |
900 NORTH MCCARTHY BLVD MILPITAS CA 95035 |
| Sheridan Michael J |
officer: Chief Financial Officer |
C/O DOCUSIGN, INC. 221 MAIN ST., SUITE 1000 SAN FRANCISCO CA 94105 |
DocuSign Headlines
By tipranks.com 2022-03-11
By tipranks.com 2022-03-13
By Seekingalpha 2022-03-13
By Seekingalpha 2022-03-11
By tipranks.com 2022-03-14
By Seekingalpha 2022-03-10
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
3.84(6.69%) Volume: 7,460,809 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:DOCU has been successfully added to your 