Why is Doximity, Inc. ?
1
High Management Efficiency with a high ROE of 18.49%
2
Company has a low Debt to Equity ratio (avg) at times
3
Healthy long term growth as Net Sales has grown by an annual rate of 35.16% and Operating profit at 57.53%
4
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at USD 294.13 MM
- ROCE(HY) Highest at 24.25%
- RAW MATERIAL COST(Y) Fallen by 0.14% (YoY)
5
With ROE of 20.82%, it has a very attractive valuation with a 10.21 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -5.33%, its profits have risen by 45.9% ; the PEG ratio of the company is 1.5
6
Below par performance in long term as well as near term
- Along with generating -5.33% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Doximity, Inc. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Doximity, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Doximity, Inc.
-5.33%
1.23
59.87%
S&P 500
13.22%
0.65
20.20%
Quality key factors
Factor
Value
Sales Growth (5y)
35.16%
EBIT Growth (5y)
57.53%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.84
Sales to Capital Employed (avg)
0.52
Tax Ratio
15.32%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
261.78%
ROE (avg)
18.49%
Valuation Key Factors 
Factor
Value
P/E Ratio
49
Industry P/E
Price to Book Value
10.21
EV to EBIT
43.94
EV to EBITDA
42.00
EV to Capital Employed
59.94
EV to Sales
17.78
PEG Ratio
1.46
Dividend Yield
NA
ROCE (Latest)
136.42%
ROE (Latest)
20.82%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 294.13 MM
ROCE(HY)
Highest at 24.25%
RAW MATERIAL COST(Y)
Fallen by 0.14% (YoY
NET PROFIT(9M)
Higher at USD 191.36 MM
CASH AND EQV(HY)
Highest at USD 1,756.64 MM
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.23 times
Here's what is working for Doximity, Inc.
Net Profit
At USD 191.36 MM has Grown at 46.51%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Operating Cash Flow
Highest at USD 294.13 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Cash and Eqv
Highest at USD 1,756.64 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Net Profit
Higher at USD 191.36 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (USD MM)
Raw Material Cost
Fallen by 0.14% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Doximity, Inc.
Debtors Turnover Ratio
Lowest at 4.23 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






