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DocusignDOCU -0.45%76 3-Year FCF Growth Rate is 33.30% as of Apr. 2026, which is 24% below its 10-year median of 43.80. GuruFocus rates DOCU with a GF Score™ of 76/100 and a GF Value™ of $74.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,865 Software companies, Docusign ranks better than 67.67% on this metric.
During the past 12 months, Docusign's average Free Cash Flow per Share Growth Rate was 26.00% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 33.30% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 33.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
During the past 11 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Docusign was 105.30% per year. The lowest was 1.20% per year. And the median was 43.80% per year.
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Docusign 3-Year FCF Growth Rate Related Terms
DOCU vs FROG, BSY, MANH: 3-Year FCF Growth Rate Comparison
For the Software - Application subindustry, Docusign's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate vs Software Industry
For the Software industry and Technology sector, Docusign's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Docusign's 3-Year FCF Growth Rate falls into.
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
What does a 3-Year FCF Growth Rate of 33.30% mean?
Docusign (DOCU) has a 3-Year FCF Growth Rate of 33.30% as of Apr. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Docusign and its competitors. This is 24% below median its historical median of 43.80. Over the past decade, Docusign's 3-Year FCF Growth Rate has ranged from 1.20 to 105.30. According to the industry distribution chart, Docusign ranks #603 out of 1865 companies in the Software industry, placing it in the top 32.3%.
Is Docusign's 3-Year FCF Growth Rate too high?
Docusign's current 3-Year FCF Growth Rate of 33.30% is 24% below median its 10-year median of 43.80. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 105.30. The Software industry median 3-Year FCF Growth Rate is 17.20. Docusign's value of 33.30% is 93.6% above this industry median. Based on the distribution chart, Docusign ranks #603 out of 1865 companies in the Software industry, which is above the industry midpoint. Overall, Docusign has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's 3-Year FCF Growth Rate compare to FROG and BSY?
According to the Software industry distribution chart, Docusign ranks #603 out of 1865 companies for 3-Year FCF Growth Rate. This puts Docusign in the upper half of its industry. The industry median 3-Year FCF Growth Rate is 17.20. Docusign's value of 33.30% is 93.6% above this benchmark. Historically, Docusign's own 3-Year FCF Growth Rate has ranged from 1.20 to 105.30 over the past decade. While the company's 10-year median is 43.80 vs. the industry median of 17.20, Docusign has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for a Software company?
The median 3-Year FCF Growth Rate among Software companies is 17.20, based on 1,865 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year FCF Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current 3-Year FCF Growth Rate of 33.30% is 93.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Docusign and its competitors. For the Software industry, the median 3-Year FCF Growth Rate is 17.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current 3-Year FCF Growth Rate is 33.30%, which is 24% below median its own 10-year median of 43.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docusign stock overvalued right now?
Based on GuruFocus' analysis, Docusign (DOCU) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.33, compared to a current price of $62.00 — trading 16.6% below its estimated fair value. The current 3-Year FCF Growth Rate is 33.30%, which is 24% below median its 10-year median of 43.80 and 93.6% above the Software industry median of 17.20. Docusign's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For Docusign (DOCU), the current 3-Year FCF Growth Rate is 33.30% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Docusign (DOCU) Overvalued in 2026?
Based on GuruFocus' analysis, Docusign stock appears to be undervalued.
The current stock price of $62.00 is trading 16.6% below its estimated GF Value™ of $74.33.
GuruFocus considers Docusign to be Modestly Undervalued.
Key valuation signals for DOCU:
3-Year FCF Growth Rate: 33.30% (24% below median its 10-year median of 43.80)
GF Value™: $74.33 vs. price of $62.00 (16.6% below fair value)
Industry Position: 93.6% above the Software median (#603 of 1865)
No single metric tells the full story. See the DOCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Docusign offers 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 initial public offering in 2018.
76GF Score
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