DocusignDOCU -0.54%71 EV-to-EBITDA is 15.84 as of Jul. 06, 2026. GuruFocus rates DOCU with a GF Score™ of 71/100 and a GF Value™ of $72.98 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,939 Software companies, Docusign ranks worse than 65.34% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Docusign's enterprise value is $8,109 Mil.
Docusign's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $512 Mil. Therefore, Docusign's EV-to-EBITDA for today is 15.84.
The historical rank and industry rank for Docusign's EV-to-EBITDA or its related term are showing as below:
DOCU'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -9389.6 Med: -6.55 Max: 2844.98
Current: 15.84
During the past 11 years, the highest EV-to-EBITDA of Docusign was 2844.98. The lowest was -9389.60. And the median was -6.55.
DOCU's EV-to-EBITDA is ranked worse than 65.34% of 1939
companies
in the Software industry
Industry Median: 10.51
vs DOCU: 15.84
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Docusign (NAS:DOCU) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Docusign's share price for today is $45.77.
Docusign's Earnings per Share (Diluted) 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 $1.540.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Docusign's EV-to-EBITDA 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.
For the Software - Application subindustry, Docusign's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Software Industry
For the Software industry and Technology sector, Docusign's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Docusign's EV-to-EBITDA falls into.
Docusign's current Enterprise Value is $8,109 Mil.
Docusign's EBITDA 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 $512 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 (DOCU) has a EV-to-EBITDA of 15.84 as of Jul. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Docusign. According to the industry distribution chart, Docusign ranks #1267 out of 1939 companies in the Software industry, placing it in the top 65.3%.
Is Docusign's EV-to-EBITDA too high?
Docusign's current EV-to-EBITDA is 15.84. The Software industry median EV-to-EBITDA is 10.51. Docusign's value of 15.84 is 50.7% above this industry median. Based on the distribution chart, Docusign ranks #1267 out of 1939 companies in the Software industry, which is below the industry midpoint. Overall, Docusign has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's EV-to-EBITDA compare to BSY and MANH?
According to the Software industry distribution chart, Docusign ranks #1267 out of 1939 companies for EV-to-EBITDA. This places Docusign in the lower half of its industry. The industry median EV-to-EBITDA is 10.51. Docusign's value of 15.84 is 50.7% 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-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.51, based on 1,939 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current EV-to-EBITDA of 15.84 is 50.7% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Docusign. For the Software industry, the median EV-to-EBITDA is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current EV-to-EBITDA is 15.84. 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 $72.98, compared to a current price of $45.77 — trading 37.3% below its estimated fair value. The current EV-to-EBITDA is 15.84 and 50.7% above the Software industry median of 10.51. Docusign's overall GF Score™ is 71/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Docusign (DOCU), the current EV-to-EBITDA is 15.84 as of Jul. 06, 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 37.3% below its estimated GF Value™ of $72.98.
GuruFocus considers Docusign to be Significantly Undervalued.
Key valuation signals for DOCU:
EV-to-EBITDA: 15.84
GF Value™: $72.98 vs. price of $45.77 (37.3% below fair value)
Industry Position: 50.7% above the Software median (#1267 of 1939)
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.
71GF Score
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