ADP vs BZ vs DOCU Stock Comparison

Automatic Data Processing, Kanzhun and Docusign Prices as of Nov 5, 2026 Peers: Industry group
BZ Kanzhun Ltd
$17.76 +17.5% 1M -15.3% 1Y
Market cap
$8.27B
P/E
12.0x
Revenue (TTM)
$1.25B
Div. yield
2.87%
HR Software Technology
6 wins
DOCU Docusign, Inc.
$78.80 +15.5% 1M +11.1% 1Y
Market cap
$14.83B
P/E
45.7x
Revenue (TTM)
$3.36B
Div. yield
–
Compliance Software Technology

Head to Head

10 decided of 12

Kanzhun leads on 6 of the 12 questions below (Kanzhun 6, Automatic Data Processing 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADPBZDOCULeader
Larger companyMarket capitalisation $121.50B $8.27B $14.83B ADP
Cheaper on earningsLower P/E, profitable companies only 27.3x 12.0x 45.7x BZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.7x 13.3x 17.8x BZ
Faster revenue growthRevenue growth, trailing twelve months +6.5% +51.0% +8.6% BZ
More profitableNet margin, trailing twelve months 20.3% 53.2% 9.8% BZ
Better return on capitalReturn on invested capital -47.2% — — –
Less leveragedLower net debt / EBITDA -0.4x — — –
Higher dividend yieldTrailing dividend yield 2.21% 2.87% — BZ
Better 1-year returnPrice return, last 12 months +18.3% -15.3% +11.1% ADP
Better 5-year returnAnnualised price return, 5 years +6.0%/yr -12.8%/yr -21.7%/yr ADP
Less volatileAnnualised volatility, 1 year 28.0% 39.5% 48.3% ADP
Higher overall scoreMean of the five percentile scores vs peers 37/100 87/100 70/100 BZ

Percentile Scorecard

ADPBZDOCU

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADPBZDOCU
Valuation 26 #74 of 100 87 #14 of 100 60 #41 of 100
Growth 29 #71 of 99 96 #5 of 99 75 #26 of 99
Profitability 54 #45 of 96 95 #6 of 96 90 #11 of 96
Financial Health 33 #75 of 112 96 #5 of 112 54 #52 of 112
Shareholder Returns 44 #38 of 67 59 #28 of 67 74 #18 of 67
Overall 37 87 70
  • ADP ranked among 113 companies in Business Applications
  • BZ ranked among 113 companies in Business Applications
  • DOCU ranked among 113 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADPBZDOCUSPY
1 month +17.1%+17.5%+15.5% -5.9%
3 months +12.3%+10.4%+38.5% -4.6%
6 months +43.5%+24.7%+63.5% +0.2%
Year to date +19.4%-12.9%+15.2% +7.5%
1 year +18.3%-15.3%+11.1% +8.2%
3 years +39.3%+15.7%+95.0% +68.3%
3 years, per year +11.7%+5.0%+25.0% +19.0%
5 years +33.8%-49.5%-70.5% +56.5%
5 years, per year +6.0%-12.8%-21.7% +9.4%
10 years +244.8%—— +251.5%
10 years, per year +13.2%—— +13.4%

Risk

MeasureADPBZDOCUSPY
Volatility, 1Y 28.0%39.5%48.3% 13.6%
Downside volatility, 1Y 25.9%38.5%48.3% 14.2%
Beta vs S&P 500, 1Y -0.110.490.45 1.00
Return / volatility, 1Y 0.65-0.390.23 0.60
Max drawdown, 5Y -42.2%-73.6%-86.0% -25.4%
From 52-week high -0.3%-20.4%-7.6% -5.9%
52-week high $307.94$22.30$85.27 $779.14
52-week low $188.79$12.65$41.75 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADPBZDOCU
P/E now vs peer median 27.3xmedian 24.7x 12.0xmedian 24.7x 45.7xmedian 24.7x
P/S now vs peer median 5.5xmedian 2.8x 6.6xmedian 2.8x 4.4xmedian 2.8x
EV/EBITDA now vs peer median -26.5xmedian 16.5x —median 16.5x 17.6xmedian 16.5x
P/FCF now vs peer median 23.2xmedian 15.3x 12.4xmedian 15.3x 12.4xmedian 15.3x
P/B now vs peer median 23.9xmedian 2.7x 2.7xmedian 2.7x 8.6xmedian 2.7x
PEG now vs peer median 2.75median 0.77 0.09median 0.77 0.25median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADPBZDOCU
Revenue $22.26B $1.25B $3.36B
Gross profit $10.37B $1.21B $2.67B
Operating income -$6.45B $412.25M $402.03M
Net income $4.53B $657.32M $329.94M
Free cash flow $5.25B $665.92M $1.20B
R&D $1.03B $58.24M $659.08M
EPS (diluted) $11.22 $1.44 $1.71
Cash & equivalents $3.28B $380.29M $528.16M
Total debt $4.97B – –
Shares (diluted) 403.30M 463.50M 193.12M
Enterprise value $108.30B -$54.38M $11.53B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADPBZDOCU
P/E 27.3x 12.0x 45.7x
P/FCF 23.2x 12.4x 12.4x
P/Operating cash flow 22.3x 12.4x 11.2x
P/S 5.5x 6.6x 4.4x
P/B 23.9x 2.7x 8.6x
P/Tangible book 35.4x 2.7x 8.9x
EV/EBITDA -26.5x – 17.6x
EV/EBIT -19.1x 14.4x 34.9x
EV/Revenue 5.5x 4.7x 4.2x
EV/FCF 23.5x 8.9x 11.7x
EV/Operating cash flow 22.6x 8.9x 10.6x
PEG (3Y EPS CAGR) 2.75 0.09 0.25

Growth

14 metrics
MetricADPBZDOCU
Revenue growth (1Y) 6.5% 51.0% 8.6%
Revenue CAGR (3Y) 6.7% 20.9% 8.2%
Gross profit growth (1Y) 8.0% 21.2% 8.8%
Gross profit CAGR (3Y) 8.0% 22.9% 8.3%
Operating income growth (1Y) -2.7% 64.4% 64.1%
Operating income CAGR (3Y) -3.8% 236.9% 160.2%
Net income growth (1Y) 9.4% 121.6% 17.4%
Net income CAGR (3Y) 9.0% 132.3% 177.3%
EPS growth (1Y) 10.3% 118.2% 28.3%
EPS CAGR (3Y) 9.9% 131.7% 183.7%
Operating cash flow growth (1Y) 14.6% 25.2% 27.3%
Operating cash flow CAGR (3Y) 12.6% 37.2% 27.8%
Free cash flow growth (1Y) 14.0% 24.0% 28.1%
Free cash flow CAGR (3Y) 13.2% 41.7% 29.9%

Profitability

14 metrics
MetricADPBZDOCU
Gross margin 46.6% 96.5% 79.5%
EBITDA margin -20.9% – 23.7%
Operating margin -29.0% 32.9% 12.0%
Pretax margin 26.4% 66.1% 13.1%
Net margin 20.3% 53.2% 9.8%
FCF margin 23.6% 53.1% 35.7%
Operating cash flow margin 24.5% 53.1% 39.4%
Return on equity 81.4% 21.6% 18.6%
Return on assets 7.1% 17.1% 8.3%
Return on invested capital -47.2% – –
Return on capital employed -54.0% 13.4% 20.1%
Asset turnover 0.4x 0.3x 0.8x
Cash conversion (OCF / net income) 1.2x 1.0x 4.0x
Stock comp / revenue 1.1% – 15.3%

Financial Health

11 metrics
MetricADPBZDOCU
Debt / assets 7.8% – –
Debt / equity 1.0x – –
Net debt / EBITDA -0.4x – –
Debt / FCF 0.9x – –
Liabilities / assets 92.0% 21.7% 56.6%
Equity / assets 8.0% 78.3% 43.4%
Interest coverage -13.7x – 170.4x
Current ratio 1.0x 4.2x 0.6x
Quick ratio 0.1x 3.1x 0.6x
Cash ratio 0.1x 3.0x 0.4x
Altman Z-score 1.90 – 4.12

Shareholder Returns

7 metrics
MetricADPBZDOCU
Dividend yield 2.2% 2.9% –
Net buyback yield 2.0% – 7.2%
Shareholder yield 4.3% 2.9% 7.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADPBZDOCU
Forward P/E 23.7xFY2027 13.3xFY2026 17.8xFY2026
EPS, next fiscal year $12.97FY2027 $1.34FY2026 $4.43FY2026
EPS growth, next FY +16.6%FY2027 +18.6%FY2026 +15.4%FY2026
EPS growth, the year after +7.0% +3.0% +12.6%
Revenue, next fiscal year $22.20BFY2027 $1.42BFY2026 $3.62BFY2026
Revenue growth, next FY +1.2%FY2027 +20.7%FY2026 +12.4%FY2026
Revenue growth, the year after +18.1% +7.0% -0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADPBZDOCU
Held by institutions 88.1% 66.1% 90.0%
Institutions holding 2,294 254 672
Change in shares held, QoQ +4.4% -1.6% -1.2%
Institutions buying 1,087 129 329
Institutions selling 875 94 245
Buyers to sellers 1.24 1.37 1.34

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADPBZDOCU
ADP 1.00 0.14 0.56
BZ 0.14 1.00 0.05
DOCU 0.56 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ADP, BZ and DOCU?

Automatic Data Processing (ADP) is the largest by market capitalisation: Automatic Data Processing (ADP) $121.50B, Kanzhun (BZ) $8.27B, Docusign (DOCU) $14.83B.

Which stock is cheaper, ADP, BZ and DOCU?

Kanzhun (BZ) trades on the lowest price-to-earnings ratio (Automatic Data Processing (ADP) 27.3x, Kanzhun (BZ) 12.0x, Docusign (DOCU) 45.7x). On next year's consensus earnings, Kanzhun (BZ) is cheapest (Automatic Data Processing (ADP) 23.7x, Kanzhun (BZ) 13.3x, Docusign (DOCU) 17.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kanzhun (BZ) grew revenue fastest over the trailing twelve months: Automatic Data Processing (ADP) +6.5%, Kanzhun (BZ) +51.0%, Docusign (DOCU) +8.6%.

Which company is more profitable?

Kanzhun (BZ) has the highest net margin (Automatic Data Processing (ADP) 20.3%, Kanzhun (BZ) 53.2%, Docusign (DOCU) 9.8%).

Which stock has performed better?

Over the past year Automatic Data Processing (ADP) returned the most: Automatic Data Processing (ADP) +18.3%, Kanzhun (BZ) -15.3%, Docusign (DOCU) +11.1%. Over five years, Automatic Data Processing (ADP) compounded fastest (Automatic Data Processing (ADP) +6.0%/yr, Kanzhun (BZ) -12.8%/yr, Docusign (DOCU) -21.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kanzhun (BZ) has the highest dividend yield: Automatic Data Processing (ADP) 2.21%, Kanzhun (BZ) 2.87%. Docusign (DOCU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Automatic Data Processing (ADP) has been the steadiest (Automatic Data Processing (ADP) 28.0%, Kanzhun (BZ) 39.5%, Docusign (DOCU) 48.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ADP, BZ and DOCU?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kanzhun (BZ) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.