SHOP:CA:TSX-Shopify Inc (CAD)

COMMON STOCK | Software—Application |

Last Closing

CAD 581.96

Change

+51.53 (+9.71)%

Market Cap

CAD 64.04B

Volume

0.29M

Analyst Target

CAD 195.00
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-04-08 )

Largest Industry Peers for Software—Application

Symbol Name Price(Change) Market Cap
CSU:CA Constellation Software Inc

+40.53 (+3.14%)

CAD 27.38B
OTEX:CA Open Text Corp

+0.88 (+1.75%)

CAD 13.61B
CDAY:CA Ceridian HCM Holding Inc.

+5.95 (+9.35%)

CAD 9.33B
DSG:CA Descartes Systems Group Inc

+1.71 (+3.42%)

CAD 4.21B
KXS:CA Kinaxis Inc

+7.90 (+7.25%)

CAD 2.79B
ENGH:CA Enghouse Systems Limited

+1.57 (+3.39%)

CAD 2.55B
LSPD:CA Lightspeed POS Inc

+1.23 (+7.39%)

CAD 1.56B
REAL:CA Real Matters Inc

+0.11 (+0.82%)

CAD 1.14B
ABT:CA Absolute Software Corporation

+0.20 (+2.14%)

CAD 0.38B
CMG:CA Computer Modelling Group Ltd

+0.10 (+2.24%)

CAD 0.36B

ETFs Containing SHOP:CA

XIT:CA iShares S&P/TSX Capped In.. 30.18 % 0.61 %

+1.30 (+1.38%)

CAD 0.27B
XCG:CA iShares Canadian Growth I.. 6.70 % 0.55 %

N/A

CAD 0.05B
ZFN:CA BMO SIA Focused North Ame.. 6.50 % 0.00 %

N/A

CAD 0.18B
DRMC:CA Desjardins RI Canada - Lo.. 4.81 % 0.29 %

+0.40 (+1.38%)

CAD 9.96M
WXM:CA CI First Asset Morningsta.. 4.19 % 0.67 %

+0.45 (+1.38%)

CAD 0.82B
XIU:CA BlackRock Asset Managemen.. 3.57 % 0.18 %

+0.42 (+1.38%)

CAD 9.02B
QCE:CA Mackenzie Canadian Large .. 3.52 % 0.06 %

-0.96 (1.38%)

CAD 0.08B
VCE:CA Vanguard FTSE Canada Inde.. 3.34 % 0.06 %

+0.63 (+1.38%)

CAD 0.65B
XESG:CA iShares ESG MSCI Canada I.. 3.04 % 0.00 %

+0.23 (+1.38%)

CAD 0.02B
XIC:CA BlackRock Asset Managemen.. 2.82 % 0.06 %

+0.51 (+1.38%)

CAD 5.65B
ZCN:CA BMO Asset Management Inc 2.79 % 0.05 %

+0.43 (+1.38%)

CAD 3.78B
VCN:CA Vanguard FTSE Canada All .. 2.67 % 0.06 %

N/A

CAD 2.22B
RCE:CA RBC Quant Canadian Equity.. 2.60 % 0.43 %

N/A

CAD 0.01B
HEW:CA Horizons S&P/TSX 60 Equal.. 2.25 % 0.60 %

N/A

CAD 6.58M

Market Performance

  Market Performance vs. Industry/Classification (Software—Application) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.72% 89% B+ 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.72% 89% B+ 97% A+
Trailing 12 Months  
Capital Gain 114.10% 94% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 114.10% 94% A 99% A+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 96.57% 100% A+ 98% A+
Dividend Return 96.57% 100% A+ 98% A+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 61.78% 24% F 10% F
Risk Adjusted Return 156.33% 88% B+ 95% A
Market Capitalization 64.04B 100% A+ 99% A+

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector