Docusign Intrinsic Value Calculation – OneNotary Raises $5M, Partners with DocuSign for Online Notarization Services
March 28, 2024
🌥️Trending News
DOCUSIGN ($NASDAQ:DOCU) is a leading digital transaction management company that offers a secure and reliable platform for businesses to manage their agreements, contracts, and other important documents. On Tuesday, OneNotary made an exciting announcement about their partnership with DOCUSIGN. OneNotary is an online notarization startup that provides a secure and convenient way for businesses and individuals to notarize their documents remotely. The partnership between OneNotary and DOCUSIGN will not only enhance the digital notarization process but also offer customers a seamless and efficient experience. With the increasing need for remote notarization services, especially during the current global pandemic, this collaboration comes at a perfect time. It will provide businesses and individuals with a safe and reliable option to notarize their documents without the need for in-person meetings. In addition to this exciting partnership, OneNotary has also successfully secured a $5 million investment through a Series A funding round.
This investment will help the company expand its services and reach a wider audience. It is also a testament to the growing demand for online notarization services and the potential for growth in this sector. Overall, the partnership between OneNotary and DOCUSIGN is an exciting development in the digital transaction management industry. It highlights the importance of incorporating technology in traditional processes and the potential for growth in the online notarization market. With this collaboration, businesses and individuals can look forward to a more seamless and secure document notarization experience. As for investors, this partnership could prove to be a wise investment in the future of digital transactions.
Stock Price
On Wednesday, DOCUSIGN, a leading provider of electronic signature and digital transaction management solutions, made an exciting announcement – their stock had opened at $58.5 and closed at $59.3, representing a 2.2% increase from the previous closing price of $58.0. This spike in stock price was a result of their recent partnership with OneNotary, a fast-growing online notarization company. OneNotary has recently raised $5 million in funding, which they plan to use to further develop and expand their online notarization platform. This platform allows businesses and individuals to easily and securely notarize documents online, eliminating the need for in-person notarization services. This innovative solution has gained popularity in the current digital age, where remote work and online transactions have become the norm. The partnership between OneNotary and DOCUSIGN is a strategic move for both companies. DOCUSIGN’s electronic signature technology will be integrated into OneNotary’s online notarization platform, providing users with a seamless and efficient experience.
This partnership will also allow DOCUSIGN to expand its range of services and cater to the growing demand for online notarization. This partnership will allow OneNotary and DOCUSIGN to meet this demand and provide secure and convenient solutions for businesses and individuals. In addition to the financial benefits, this partnership also highlights the importance of collaboration and innovation in the tech industry. By combining their expertise and resources, OneNotary and DOCUSIGN are able to create a stronger and more comprehensive solution for their customers. This strategic move will not only benefit both companies but also revolutionize the way documents are notarized in the digital age. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Docusign. DocuSign_for_Online_Notarization_Services”>More…
| Total Revenues | Net Income | Net Margin |
| 2.71k | 51.6 | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Docusign. DocuSign_for_Online_Notarization_Services”>More…
| Operations | Investing | Financing |
| 845.88 | -66.13 | -226.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Docusign. DocuSign_for_Online_Notarization_Services”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.34k | 2.37k | 4.75 |
Key Ratios Snapshot
Some of the financial key ratios for Docusign are shown below. DocuSign_for_Online_Notarization_Services”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.8% | – | 2.7% |
| FCF Margin | ROE | ROA |
| 27.7% | 5.1% | 1.4% |
Analysis – Docusign Intrinsic Value Calculation
As an investment research company, GoodWhale has conducted a thorough analysis of DOCUSIGN‘s financials. Our analysis has revealed that the company is undervalued in the current market. One key factor in our analysis is the intrinsic value of DOCUSIGN’s shares. We have calculated this value to be around $141.7, using our proprietary Valuation Line. This indicates that the stock is currently undervalued by 58.1% and has potential for significant growth. Furthermore, looking at the company’s financial statements, we see that DOCUSIGN has shown consistent revenue growth over the past few years. This growth is driven by the increasing demand for digital signature solutions in various industries. In addition, DOCUSIGN’s profitability is also impressive. The company has consistently reported positive net income and has shown a strong profit margin. This is a good sign for investors as it indicates the company’s ability to generate profits. Overall, based on our analysis of DOCUSIGN’s financials, we believe that the current stock price is significantly undervalued. With a strong track record of revenue growth and profitability, coupled with its potential for further expansion in the digital signature market, we see great potential for investors looking to add DOCUSIGN to their portfolio. More…
Peers
The company has a number of competitors, including Adobe Inc, Microsoft Corp, and Monday.Com Ltd.
– Adobe Inc ($NASDAQ:ADBE)
Adobe Inc. is an American multinational computer software company headquartered in San Jose, California. The company has a market cap of 153.82B as of 2022 and a ROE of 26.76%. Adobe Inc. develops, manufactures, and markets computer software products and services. The company’s products include Creative Cloud, Photoshop, Illustrator, InDesign, Premiere Pro, After Effects, and Dreamweaver. Creative Cloud is a subscription-based service that provides access to Adobe’s creative products. Photoshop is a raster graphics editor used for photo editing, graphic design, and web design. Illustrator is a vector graphics editor used for illustrations, logos, and branding. InDesign is a page layout and typesetting application used for print and digital publishing. Premiere Pro is a video editing software used for film, television, and online video. After Effects is a digital visual effects and motion graphics software used in film and television post-production. Dreamweaver is a web development application used for creating and editing websites.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of $1.8 trillion and a ROE of 31.9%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
– Monday.Com Ltd ($NASDAQ:MNDY)
Monday.com Ltd is a publicly traded company with a market capitalization of 4.36 billion as of 2022. The company has a return on equity of -16.81%. Monday.com Ltd is a provider of enterprise software solutions. The company’s products are used by organizations to manage their businesses and processes. Monday.com Ltd’s products are used by a variety of industries, including healthcare, retail, manufacturing, and logistics. The company has a presence in a number of countries, including the United States, Canada, the United Kingdom, and Australia.
Summary
OneNotary, an online notarization startup, announced a new partnership with DocuSign and received a $5 million Series A investment. This strategic partnership will allow OneNotary to integrate its notarization services with DocuSign’s digital transaction management platform. The investment will help OneNotary further develop its technology and expand its reach in the digital notarization market.
This move is expected to benefit both companies as they aim to streamline and modernize the notarization process. As a result, investors may see potential growth and value in DocuSign as it continues to innovate and expand its services through strategic partnerships.
