DIGITALOCEAN HOLDINGS, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 37.67 USD | +4.90% |
|
+8.09% | +2.67% |
| May. 10 | Sector Update: Tech Stocks Advance Pre-Bell Friday | MT |
| May. 10 | Transcript : DigitalOcean Holdings, Inc., Q1 2024 Earnings Call, May 10, 2024 |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 8,769 | 2,453 | 3,156 | 3,431 | - | - |
| Enterprise Value (EV) 1 | 8,519 | 3,059 | 4,222 | 4,390 | 4,251 | 3,977 |
| P/E ratio | -383 x | -106 x | 183 x | 55.9 x | 44.7 x | 28.9 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 20.5 x | 4.26 x | 4.55 x | 4.46 x | 3.94 x | 3.43 x |
| EV / Revenue | 19.9 x | 5.31 x | 6.09 x | 5.7 x | 4.88 x | 3.98 x |
| EV / EBITDA | 62.5 x | 15.4 x | 15.2 x | 15.1 x | 12.7 x | 9.94 x |
| EV / FCF | 348 x | 38.3 x | 36.5 x | 29.4 x | 23.8 x | 19.5 x |
| FCF Yield | 0.29% | 2.61% | 2.74% | 3.4% | 4.19% | 5.13% |
| Price to Book | 13 x | 50.3 x | -10.6 x | -19.1 x | -75.8 x | 14 x |
| Nbr of stocks (in thousands) | 109,166 | 96,297 | 86,009 | 91,091 | - | - |
| Reference price 2 | 80.33 | 25.47 | 36.69 | 37.67 | 37.67 | 37.67 |
| Announcement Date | 2/24/22 | 2/16/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 318.4 | 428.6 | 576.3 | 692.9 | 769.8 | 870.8 | 999.1 |
| EBITDA 1 | - | 136.3 | 198.4 | 277.2 | 290.6 | 335.3 | 400.2 |
| EBIT 1 | - | 47.88 | 102.4 | 75.3 | 184.8 | 214.7 | 264.3 |
| Operating Margin | - | 11.17% | 17.77% | 10.87% | 24.01% | 24.65% | 26.46% |
| Earnings before Tax (EBT) 1 | - | -18.2 | -24.41 | 26.78 | 73.3 | 103.7 | - |
| Net income 1 | - | -19.5 | -24.28 | 19.41 | 49.08 | 64.67 | 119.6 |
| Net margin | - | -4.55% | -4.21% | 2.8% | 6.38% | 7.43% | 11.97% |
| EPS 2 | -1.050 | -0.2100 | -0.2400 | 0.2000 | 0.6740 | 0.8426 | 1.303 |
| Free Cash Flow 1 | - | 24.51 | 79.85 | 115.6 | 149.1 | 178.2 | 203.9 |
| FCF margin | - | 5.72% | 13.86% | 16.69% | 19.37% | 20.47% | 20.41% |
| FCF Conversion (EBITDA) | - | 17.99% | 40.26% | 41.72% | 51.3% | 53.15% | 50.95% |
| FCF Conversion (Net income) | - | - | - | 595.82% | 303.78% | 275.6% | 170.48% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 2/25/21 | 2/24/22 | 2/16/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 119.7 | 127.3 | 133.9 | 152.1 | 163 | 165.1 | 169.8 | 177.1 | 180.9 | 184.7 | 188.5 | 195.4 | 201.4 | 207.3 | 209.8 |
| EBITDA 1 | 37.78 | 37.56 | 46.13 | 63.7 | 50.98 | 56.2 | 72.23 | 75.78 | 73.5 | 74.32 | 70.45 | 72.93 | 74.66 | 80.43 | 79.76 |
| EBIT 1 | 14.33 | 13.63 | 22.27 | 39.73 | 26.26 | 27.29 | 44.61 | 45.22 | 42.72 | 42.44 | 44.38 | 45.52 | 47.14 | 50.02 | 50.67 |
| Operating Margin | 11.97% | 10.7% | 16.63% | 26.12% | 16.11% | 16.53% | 26.27% | 25.54% | 23.62% | 22.97% | 23.54% | 23.29% | 23.4% | 24.13% | 24.15% |
| Earnings before Tax (EBT) 1 | -11.2 | -14.78 | -7.36 | 10.54 | -12.8 | - | 3.981 | 37.11 | 13.53 | 14.26 | 19.1 | 19.2 | 20.8 | - | - |
| Net income 1 | -12.12 | -18.12 | -6.191 | 10.1 | -10.07 | -34.94 | 0.665 | 19.18 | 15.94 | 14.14 | 6.898 | 7.223 | 7.685 | 14.95 | 15.4 |
| Net margin | -10.13% | -14.23% | -4.62% | 6.64% | -6.18% | -21.16% | 0.39% | 10.83% | 8.81% | 7.65% | 3.66% | 3.7% | 3.82% | 7.21% | 7.34% |
| EPS 2 | -0.1100 | -0.1700 | -0.0600 | 0.1000 | -0.1000 | -0.3700 | 0.0100 | 0.2000 | 0.1700 | 0.1500 | 0.1584 | 0.1524 | 0.2037 | 0.2300 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/4/22 | 8/8/22 | 11/7/22 | 2/16/23 | 5/9/23 | 8/3/23 | 11/2/23 | 2/21/24 | 5/10/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 606 | 1,066 | 959 | 819 | 545 |
| Net Cash position 1 | - | 251 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 3.055 x | 3.846 x | 3.299 x | 2.443 x | 1.363 x |
| Free Cash Flow 1 | - | 24.5 | 79.9 | 116 | 149 | 178 | 204 |
| ROE (net income / shareholders' equity) | - | 15.9% | 33.3% | - | - | - | 1,299% |
| ROA (Net income/ Total Assets) | - | 3.18% | 5.35% | 9.79% | 10.8% | 11.6% | 12.1% |
| Assets 1 | - | -613.1 | -454.1 | 198.3 | 455.9 | 559.9 | 991.6 |
| Book Value Per Share 2 | - | 6.200 | 0.5100 | -3.480 | -1.970 | -0.5000 | 2.680 |
| Cash Flow per Share 2 | - | 1.430 | 1.940 | 2.440 | 0.9600 | 1.520 | - |
| Capex 1 | - | 109 | 106 | 119 | 149 | 150 | 159 |
| Capex / Sales | - | 25.34% | 18.46% | 17.22% | 19.41% | 17.23% | 15.92% |
| Announcement Date | 2/25/21 | 2/24/22 | 2/16/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
37.67
USD
Average target price
39.1
USD
Spread / Average Target
+3.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.67% | 3.27B | |
| +5.46% | 268B | |
| -11.64% | 24.44B | |
| +37.53% | 16.51B | |
| -16.04% | 13.68B | |
| -24.19% | 5.55B | |
| -17.22% | 4.33B | |
| +43.47% | 3.74B | |
| +4.87% | 2.54B | |
| -7.10% | 2.26B |
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