Using the industry peer median P/E multiple (trailing + forward), DoorDash, Inc. (DASH) has a fair value of $51.48 based on 10 comparable companies in the Internet Content & Information industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| DoorDash, Inc.DASH | 66,511 | 71.0x | 57.2x |
| Alphabet Inc.GOOGL | 3,644,584 | 27.9x | 26.3x |
| Meta Platforms, Inc.META | 1,499,714 | 25.3x | 20.0x |
| Netflix, Inc.NFLX | 397,041 | 37.0x | 29.7x |
| T-Mobile US, Inc.TMUS | 237,056 | 21.8x | 20.4x |
| Verizon Communications Inc.VZ | 214,385 | 12.5x | 10.4x |
| AT&T Inc.T | 205,842 | 9.6x | 12.7x |
| The Walt Disney CompanyDIS | 168,374 | 13.9x | 14.4x |
| Comcast CorporationCMCSA | 104,780 | 5.3x | 7.8x |
| Warner Bros. Discovery, Inc.WBD | 67,367 | 93.7x | — |
| Electronic Arts Inc.EA | 50,644 | 47.8x | 23.6x |
| Industry Median | 23.6x | 20.0x | |
| (*) Profit after tax | 935 | 1,163 | |
| Equity Value | 22,033 | 23,241 | |
| (/) Outstanding shares | 440 | 440 | |
| Fair Price | $50 | $53 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.