DOCU (Docusign) EV-to-EBIT: 20.58 (As of Jul. 05, 2026)


DOCU Docusign Inc DOCU
66 GF Score
Price $45.77
GF Value $72.92
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Docusign EV-to-EBIT?

Docusign DOCU -0.54% 66 EV-to-EBIT is 20.58 as of Jul. 05, 2026. GuruFocus rates DOCU with a GF Score™ of 66/100 and a GF Value™ of $72.92 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,755 Software companies, Docusign ranks worse than 62.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Docusign's Enterprise Value is $8,109 Mil. Docusign's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $394 Mil. Therefore, Docusign's EV-to-EBIT for today is 20.58.

The historical rank and industry rank for Docusign's EV-to-EBIT or its related term are showing as below:

DOCU' s EV-to-EBIT Range Over the Past 10 Years
Min: -612.46   Med: -46.96   Max: 1095.34
Current: 20.58

During the past 11 years, the highest EV-to-EBIT of Docusign was 1095.34. The lowest was -612.46. And the median was -46.96.

DOCU's EV-to-EBIT is ranked worse than
62.85% of 1755 companies
in the Software industry
Industry Median: 14.39 vs DOCU: 20.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Docusign's Enterprise Value for the quarter that ended in Apr. 2026 was $8,248 Mil. Docusign's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $394 Mil. Docusign's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4.78%.


Docusign  (NAS:DOCU) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Docusign's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=393.913/8247.84543
=4.78 %

Docusign's Enterprise Value for the quarter that ended in Apr. 2026 was $8,248 Mil.
Docusign's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $394 Mil.

* 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 EV-to-EBIT Related Terms


Docusign EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Docusign's EV-to-EBIT 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 EV-to-EBIT Chart

Docusign Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -414.86 -144.93 115.46 75.14 27.75

Docusign Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.70 49.66 44.17 27.75 20.94

DOCU vs BSY, MANH, HUBS: EV-to-EBIT Comparison

For the Software - Application subindustry, Docusign's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Docusign's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Docusign's EV-to-EBIT falls into.


DOCU
66GF Score
Docusign Inc DOCU
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Docusign EV-to-EBIT Calculation

Docusign's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8108.689/393.913
=20.58

Docusign's current Enterprise Value is $8,109 Mil.
Docusign's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $394 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 20.58 mean?
Docusign (DOCU) has a EV-to-EBIT of 20.58 as of Jul. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Docusign and its competitors. According to the industry distribution chart, Docusign ranks #1103 out of 1755 companies in the Software industry, placing it in the top 62.8%.
Is Docusign's EV-to-EBIT too high?
Docusign's current EV-to-EBIT is 20.58. The Software industry median EV-to-EBIT is 14.39. Docusign's value of 20.58 is 43% above this industry median. Based on the distribution chart, Docusign ranks #1103 out of 1755 companies in the Software industry, which is below the industry midpoint. Overall, Docusign has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's EV-to-EBIT compare to BSY and MANH?
According to the Software industry distribution chart, Docusign ranks #1103 out of 1755 companies for EV-to-EBIT. This places Docusign in the lower half of its industry. The industry median EV-to-EBIT is 14.39. Docusign's value of 20.58 is 43% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.39, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current EV-to-EBIT of 20.58 is 43% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Docusign and its competitors. For the Software industry, the median EV-to-EBIT is 14.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current EV-to-EBIT is 20.58. 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 Significantly Undervalued. The stock's GF Value™ is $72.92, compared to a current price of $45.77 — trading 37.2% below its estimated fair value. The current EV-to-EBIT is 20.58 and 43% above the Software industry median of 14.39. Docusign's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Docusign (DOCU), the current EV-to-EBIT is 20.58 as of Jul. 05, 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 $45.77 is trading 37.2% below its estimated GF Value™ of $72.92. GuruFocus considers Docusign to be Significantly Undervalued.

Key valuation signals for DOCU:

  • EV-to-EBIT: 20.58
  • GF Value™: $72.92 vs. price of $45.77 (37.2% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 43% above the Software median (#1103 of 1755)

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 Business Description

Address 221 Main Street, Suite 800, San Francisco, CA, USA, 94105
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.
66GF Score

Get the complete analysis for DOCU

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.77
Price
$72.92
GF Value