DigitalOcean Holdings (STU:0SU) Piotroski F-Score: 6 (As of Aug. 02, 2026) — Near Median

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STU:0SU DigitalOcean Holdings Inc STU:0SU
69 GF Score
Price €109.25
GF Value €43.58
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is DigitalOcean Holdings Piotroski F-Score?

DigitalOcean Holdings STU:0SU +5.15% 69 Piotroski F-Score is 6 as of Aug. 02, 2026, which is at its 10-year median of 6.00. GuruFocus rates STU:0SU with a GF Score™ of 69/100 and a GF Value™ of €43.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,730 Software companies, DigitalOcean Holdings ranks better than 78.39% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

DigitalOcean Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for DigitalOcean Holdings's Piotroski F-Score or its related term are showing as below:

STU:0SU' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 8 years, the highest Piotroski F-Score of DigitalOcean Holdings was 7. The lowest was 4. And the median was 6.

DigitalOcean Holdings  (STU:0SU) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


DigitalOcean Holdings Piotroski F-Score Related Terms


DigitalOcean Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DigitalOcean Holdings's Piotroski F-Score 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.

DigitalOcean Holdings Piotroski F-Score Chart

DigitalOcean Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 5.00 6.00 6.00 7.00 7.00

DigitalOcean Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 7.00 7.00 7.00 7.00 6.00

STU:0SU vs NTNX, RBRK, CHKP: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, DigitalOcean Holdings's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


DigitalOcean Holdings Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, DigitalOcean Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where DigitalOcean Holdings's Piotroski F-Score falls into.


STU:0SU
69GF Score
DigitalOcean Holdings Inc STU:0SU
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 32.102 + 134.932 + 21.914 + 13.642 = €202.6 Mil.
Cash Flow from Operations was 80.152 + 81.611 + 48.917 + 40.587 = €251.3 Mil.
Revenue was 189.613 + 195.648 + 207.001 + 223.088 = €815.4 Mil.
Gross Profit was 113.529 + 116.667 + 121.499 + 125.174 = €476.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1518.543 + 1491.074 + 1470.302 + 1569.4 + 2223.385) / 5 = €1654.5408 Mil.
Total Assets at the begining of this year (Mar25) was €1,518.5 Mil.
Long-Term Debt & Capital Lease Obligation was €709.1 Mil.
Total Current Assets was €816.8 Mil.
Total Current Liabilities was €559.6 Mil.
Net Income was 17.779 + 29.687 + 17.444 + 35.339 = €100.2 Mil.

Revenue was 178.81 + 178.834 + 195.703 + 194.9 = €748.2 Mil.
Gross Profit was 106.043 + 105.024 + 120.409 + 119.736 = €451.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1366.727 + 1427.681 + 1375.357 + 1565.259 + 1518.543) / 5 = €1450.7134 Mil.
Total Assets at the begining of last year (Mar24) was €1,366.7 Mil.
Long-Term Debt & Capital Lease Obligation was €1,525.3 Mil.
Total Current Assets was €443.3 Mil.
Total Current Liabilities was €183.4 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

DigitalOcean Holdings's current Net Income (TTM) was 202.6. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

DigitalOcean Holdings's current Cash Flow from Operations (TTM) was 251.3. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=202.59/1518.543
=0.13341078

ROA (Last Year)=Net Income/Total Assets (Mar24)
=100.249/1366.727
=0.07334969

DigitalOcean Holdings's return on assets of this year was 0.13341078. DigitalOcean Holdings's return on assets of last year was 0.07334969. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

DigitalOcean Holdings's current Net Income (TTM) was 202.6. DigitalOcean Holdings's current Cash Flow from Operations (TTM) was 251.3. ==> 251.3 > 202.6 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=709.086/1654.5408
=0.42856967

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1525.25/1450.7134
=1.05137927

DigitalOcean Holdings's gearing of this year was 0.42856967. DigitalOcean Holdings's gearing of last year was 1.05137927. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=816.811/559.63
=1.45955542

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=443.299/183.446
=2.41650949

DigitalOcean Holdings's current ratio of this year was 1.45955542. DigitalOcean Holdings's current ratio of last year was 2.41650949. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

DigitalOcean Holdings's number of shares in issue this year was 111.915. DigitalOcean Holdings's number of shares in issue last year was 102.322. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=476.869/815.35
=0.58486417

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=451.212/748.247
=0.60302547

DigitalOcean Holdings's gross margin of this year was 0.58486417. DigitalOcean Holdings's gross margin of last year was 0.60302547. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=815.35/1518.543
=0.53692915

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=748.247/1366.727
=0.54747364

DigitalOcean Holdings's asset turnover of this year was 0.53692915. DigitalOcean Holdings's asset turnover of last year was 0.54747364. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+0+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

DigitalOcean Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
DigitalOcean Holdings (STU:0SU) has a Piotroski F-Score of 6 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DigitalOcean Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, DigitalOcean Holdings' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, DigitalOcean Holdings ranks #590 out of 2730 companies in the Software industry, placing it in the top 21.6%.
Is DigitalOcean Holdings' Piotroski F-Score too high?
DigitalOcean Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. DigitalOcean Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, DigitalOcean Holdings ranks #590 out of 2730 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, DigitalOcean Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DigitalOcean Holdings' Piotroski F-Score compare to NTNX and RBRK?
According to the Software industry distribution chart, DigitalOcean Holdings ranks #590 out of 2730 companies for Piotroski F-Score. This places DigitalOcean Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. DigitalOcean Holdings' value of 6 is 20% above this benchmark. Historically, DigitalOcean Holdings' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, DigitalOcean Holdings 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 Piotroski F-Score for a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,730 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DigitalOcean Holdings's current Piotroski F-Score of 6 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DigitalOcean Holdings and its competitors. For the Software industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DigitalOcean Holdings's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigitalOcean Holdings stock overvalued right now?
Based on GuruFocus' analysis, DigitalOcean Holdings (STU:0SU) is currently considered Significantly Overvalued. The stock's GF Value™ is €43.58, compared to a current price of €109.25 — trading 150.7% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Software industry median of 5.00. DigitalOcean Holdings' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For DigitalOcean Holdings (STU:0SU), the current Piotroski F-Score is 6 as of Aug. 02, 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 DigitalOcean Holdings (STU:0SU) Overvalued in 2026?

Based on GuruFocus' analysis, DigitalOcean Holdings stock appears to be overvalued. The current stock price of €109.25 is trading 150.7% above its estimated GF Value™ of €43.58. GuruFocus considers DigitalOcean Holdings to be Significantly Overvalued.

Key valuation signals for STU:0SU:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €43.58 vs. price of €109.25 (150.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 20% above the Software median (#590 of 2730)

No single metric tells the full story. See the STU:0SU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DigitalOcean Holdings Business Description

Other Exchanges DOCN:USADOCN:Mexico
Address 105 Edgeview Drive, Suite 425, Broomfield, CO, USA, 80021
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. Geographically, the company generates maximum revenue from North America and also has a presence in Europe, Asia, and the Rest of the world.
69GF Score

Get the complete analysis for STU:0SU

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€109.25
Price
€43.58
GF Value