DOCS (Doximity) EV-to-OCF: 10.48 (As of Jul. 07, 2026) — 71% Below Median


DOCS Doximity Inc DOCS
82 GF Score
Price $22.74
GF Value $49.23
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Doximity EV-to-OCF?

Doximity DOCS -0.52% 82 EV-to-OCF is 10.48 as of Jul. 07, 2026, which is 71% below its 10-year median of 36.31. GuruFocus rates DOCS with a GF Score™ of 82/100 and a GF Value™ of $49.23 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 682 Healthcare Providers & Services companies, Doximity ranks worse than 57.04% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Doximity's Enterprise Value is $3,420.1 Mil. Doximity's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $326.5 Mil. Therefore, Doximity's EV-to-OCF for today is 10.48.

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

DOCS' s EV-to-OCF Range Over the Past 10 Years
Min: 9.07   Med: 36.31   Max: 144.59
Current: 10.48

During the past 8 years, the highest EV-to-OCF of Doximity was 144.59. The lowest was 9.07. And the median was 36.31.

DOCS's EV-to-OCF is ranked worse than
57.04% of 682 companies
in the Healthcare Providers & Services industry
Industry Median: 8.51 vs DOCS: 10.48

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-07), Doximity's stock price is $22.74. Doximity's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.990. Therefore, Doximity's PE Ratio (TTM) for today is 22.97.


Doximity  (NYSE:DOCS) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Doximity's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22.74/0.990
=22.97

Doximity's share price for today is $22.74.
Doximity's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.990.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Doximity EV-to-OCF Related Terms


Doximity EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Doximity's EV-to-OCF 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.

Doximity EV-to-OCF Chart

Doximity Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial 72.88 30.37 23.21 36.80 10.80

Doximity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 36.80 36.27 40.32 23.67 10.80

DOCS vs WAY, PRVA, HTFL: EV-to-OCF Comparison

For the Health Information Services subindustry, Doximity's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Doximity EV-to-OCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Doximity's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Doximity's EV-to-OCF falls into.


DOCS
82GF Score
Doximity Inc DOCS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Doximity EV-to-OCF Calculation

Doximity's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3420.097/326.458
=10.48

Doximity's current Enterprise Value is $3,420.1 Mil.
Doximity's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $326.5 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-OCF →
What does a EV-to-OCF of 10.48 mean?
Doximity (DOCS) has a EV-to-OCF of 10.48 as of Jul. 07, 2026. This is 71% below median its historical median of 36.31. Over the past decade, Doximity's EV-to-OCF has ranged from 9.07 to 144.59. According to the industry distribution chart, Doximity ranks #389 out of 682 companies in the Healthcare Providers & Services industry, placing it in the top 57%.
Is Doximity's EV-to-OCF too high?
Doximity's current EV-to-OCF of 10.48 is 71% below median its 10-year median of 36.31. Over the past 10 years, this metric has ranged from a low of 9.07 to a high of 144.59. The Healthcare Providers & Services industry median EV-to-OCF is 8.51. Doximity's value of 10.48 is 23.1% above this industry median. Based on the distribution chart, Doximity ranks #389 out of 682 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Doximity has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Doximity's EV-to-OCF compare to WAY and PRVA?
According to the Healthcare Providers & Services industry distribution chart, Doximity ranks #389 out of 682 companies for EV-to-OCF. This places Doximity in the lower half of its industry. The industry median EV-to-OCF is 8.51. Doximity's value of 10.48 is 23.1% above this benchmark. Historically, Doximity's own EV-to-OCF has ranged from 9.07 to 144.59 over the past decade. While the company's 10-year median is 36.31 vs. the industry median of 8.51, Doximity 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 EV-to-OCF for a Healthcare Providers & Services company?
The median EV-to-OCF among Healthcare Providers & Services companies is 8.51, based on 682 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Doximity's current EV-to-OCF of 10.48 is 23.1% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median EV-to-OCF is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doximity's current EV-to-OCF is 10.48, which is 71% below median its own 10-year median of 36.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doximity stock overvalued right now?
Based on GuruFocus' analysis, Doximity (DOCS) is currently considered Significantly Undervalued. The stock's GF Value™ is $49.23, compared to a current price of $22.74 — trading 53.8% below its estimated fair value. The current EV-to-OCF is 10.48, which is 71% below median its 10-year median of 36.31 and 23.1% above the Healthcare Providers & Services industry median of 8.51. Doximity's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Doximity (DOCS), the current EV-to-OCF is 10.48 as of Jul. 07, 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 Doximity (DOCS) Overvalued in 2026?

Based on GuruFocus' analysis, Doximity stock appears to be undervalued. The current stock price of $22.74 is trading 53.8% below its estimated GF Value™ of $49.23. GuruFocus considers Doximity to be Significantly Undervalued.

Key valuation signals for DOCS:

  • EV-to-OCF: 10.48 (71% below median its 10-year median of 36.31)
  • GF Value™: $49.23 vs. price of $22.74 (53.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 23.1% above the Healthcare Providers & Services median (#389 of 682)

No single metric tells the full story. See the DOCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Doximity Business Description

Other Exchanges D2OC34:Brazil
Address 500 3rd Street, Suite 510, San Francisco, CA, USA, 94107
Doximity Inc provides an online platform, which enables physicians and other healthcare professionals to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. The Company's customers include pharmaceutical companies and health systems that connect with healthcare professionals through the Company's digital Marketing, Hiring, and Workflow Solutions. Marketing Solutions provide customers with the ability to share tailored content on the network. Hiring Solutions enable customers to identify, connect with, and hire from the network of both active and passive potential medical professional candidates.
82GF Score

Get the complete analysis for DOCS

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

$22.74
Price
$49.23
GF Value