DOCU's P/E ratio is looking pretty attractive at 13.07—not bad for a tech stock.
But when I dug into the income statement, I found the reason: an $888M benefit from income taxes. So, it's not like DOCU suddenly became super profitable with great margins last quarter.
On the plus side, they’ve cleared out most of their debt and have built up a nice cash pile. That definitely strengthens their position. But here's the question—does this make DOCU more enticing as an investment right now? Or should we hold off until we see a real boost in operating cash flow?
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