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 -16.01%, 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 -16.01% 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.
-59.17%
0.81
60.74%
S&P 500
14.9%
0.70
20.15%
Quality key factors
Factor
Value
Sales Growth (5y)
29.29%
EBIT Growth (5y)
42.38%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.84
Sales to Capital Employed (avg)
0.55
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
19
Industry P/E
Price to Book Value
4.64
EV to EBIT
15.53
EV to EBITDA
14.74
EV to Capital Employed
15.47
EV to Sales
5.97
PEG Ratio
1.52
Dividend Yield
NA
ROCE (Latest)
99.61%
ROE (Latest)
25.00%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
6What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 315.42 MM
RAW MATERIAL COST(Y)
Fallen by 1.88% (YoY
NET SALES(Q)
Highest at USD 185.05 MM
-2What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at -73.97 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.13 times
Here's what is working for Doximity, Inc.
Operating Cash Flow
Highest at USD 315.42 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Net Sales
Highest at USD 185.05 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Net Sales
At USD 185.05 MM has Grown at 19.13%
over average net sales of the previous four periods of USD 155.33 MMMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Raw Material Cost
Fallen by 1.88% (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
Depreciation
Highest at USD 3.99 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
Here's what is not working for Doximity, Inc.
Debt-Equity Ratio
Highest at -73.97 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 4.13 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






