Docusign, Inc.
$12.49B- Market cap
- $12.79B
- Debt
- +$303.99M
- Cash
- −$602.44M
Capital structure 98% equity / 2% debt · EV / Revenue 3.88x · EV / EBITDA 23.13x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $12.79B · View financials
Snapshot Sep 4, 4:00 PM ET
Decision snapshot: DOCU stock price vs FCPT: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at FCPT's multiple
Needs FCPT P/E.
Implied fair value · at DOCU's multiple
Needs DOCU P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: DOCU FY 2026 (ended Jan 31, 2026) · FCPT FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 98% equity / 2% debt · EV / Revenue 3.88x · EV / EBITDA 23.13x
Capital structure 69% equity / 31% debt · EV / Revenue 13.36x · EV / EBITDA 17.41x
DOCU carries the larger enterprise value at $12.49B against $3.93B; DOCU trades on the lower EV / Revenue multiple (3.88x vs 13.36x); FCPT on the lower EV / EBITDA (17.41x vs 23.13x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
DOCUSIGN, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Four Corners Property Trust, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.16x
0.74x
Net debt / EBITDA
Leverage against operating earnings
-0.55x
5.28x
Cash and equivalents
Liquid reserves on the balance sheet
$602.44M
$12.14M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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