SHOP:NYE-Shopify Inc. Class A Subordinate (USD)

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 58.7

Change

+1.68 (+2.95)%

Market Cap

USD 3.28B

Volume

0.02B

Analyst Target

USD 1,099.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc provides cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company's platform provides merchants with a single view of their business and customers across all of their sales channels.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

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ETFs Containing SHOP

ESGA:CA BMO MSCI Canada ESG Leade.. 8.64 % 0.00 %

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CAD 0.09B
ARKF ARK Fintech Innovation ET.. 8.16 % 0.00 %

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USD 0.90B
FDIU:LSE First Trust Dow Jones Int.. 7.54 % 0.00 %

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USD 4.08M
FDNI:LSE First Trust Dow Jones Int.. 7.54 % 0.00 %

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BWEB Bitwise Funds Trust - Bit.. 6.86 % 0.00 %

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USD 3.01M
LCG Sterling Capital Focus Eq.. 6.37 % 0.00 %

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USD 0.06B
XCSR:CA iShares ESG Advanced MSCI.. 5.71 % 0.00 %

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CAD 0.21B
ARKD 5.40 % 0.00 %

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TECI:CA TD Global Technology Inno.. 5.38 % 0.00 %

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CAD 6.77M
TMEC:CA TD Morningstar ESG Canada.. 4.96 % 0.00 %

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CAD 9.43M
IBUY:AU BetaShares Online Retail .. 4.93 % 0.00 %

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ESGC:CA Invesco S&P/TSX Composite.. 4.84 % 0.00 %

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CAD 0.07B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 4.81 % 0.00 %

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CAD 2.86M
ZIU:CA BMO S&P/TSX 60 Index ETF 4.65 % 0.00 %

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CAD 0.06B
CBUV:XETRA iShares Metaverse UCITS E.. 4.62 % 0.00 %

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USD 0.09B
BYOB 4.52 % 0.00 %

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FLCA Franklin FTSE Canada ETF 4.40 % 0.09 %

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USD 0.39B
UB23:LSE UBS MSCI Canada UCITS CAD.. 4.27 % 0.00 %

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USD 1.15B
CCAU:LSE iShares VII PLC - iShares.. 4.20 % 0.00 %

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USD 1.07B
CLDD:AU BetaShares Cloud Computin.. 4.18 % 0.00 %

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USD 0.05B
CSCA:LSE iShares VII Public Limite.. 4.07 % 0.00 %

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USD 0.99B
EWC iShares MSCI Canada ETF 4.03 % 0.47 %

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USD 2.44B
HCAD:LSE HSBC ETFs Public Limited .. 4.03 % 0.00 %

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USD 0.03B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 4.03 % 0.00 %

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USD 0.03B
D5BH:F Xtrackers - MSCI Canada U.. 4.02 % 0.00 %

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USD 0.36B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 4.02 % 0.00 %

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USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.02 % 0.00 %

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USD 0.35B
XCAD:LSE Xtrackers MSCI Canada ESG.. 4.00 % 0.00 %

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USD 0.34B
UC87:LSE UBS(Lux)Fund Solutions .. 3.98 % 0.00 %

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USD 0.06B
CLOU Global X Cloud Computing 3.89 % 0.00 %

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USD 0.42B
HEX:CA Horizons Enhanced Income .. 3.81 % 0.84 %

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CAD 0.07B
QCE:CA Mackenzie Canadian Large .. 3.60 % 0.06 %

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CAD 0.12B
SXR2:F iShares VII PLC - iShares.. 3.60 % 0.00 %

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USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 3.60 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 3.60 % 0.00 %

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USD 0.99B
UIM9:F UBS ETF SICAV - MSCI Cana.. 3.59 % 0.00 %

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USD 1.16B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 3.59 % 0.00 %

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USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 1.16B
CANUKD:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 4.73M
CAHCHA:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 0.06B
CAHUSA:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 0.05B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 3.59 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 3.59 % 0.00 %

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USD 1.27M
HCAN:PA HSBC MSCI Canada UCITS ET.. 3.57 % 0.00 %

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USD 0.03B
H4ZR:F HSBC ETFs Public Limited .. 3.57 % 0.00 %

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USD 0.03B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 3.57 % 0.00 %

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USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 3.57 % 0.00 %

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USD 0.03B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 3.56 % 0.00 %

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CAD 0.02B
UMMA Wahed Dow Jones Islamic W.. 3.44 % 0.00 %

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USD 0.09B
PFAE:CA Picton Mahoney Fortified .. 3.34 % 0.00 %

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CAD 0.10B
ICTE:CA Invesco S&P/TSX Composite.. 3.09 % 0.00 %

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CAD 0.98M
AOTG AOT Growth and Innovation.. 3.03 % 0.00 %

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USD 0.04B
CCEI:CA CIBC Canadian Equity Inde.. 2.92 % 0.00 %

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CAD 0.58B
QCN:CA Mackenzie Canadian Equity.. 2.89 % 0.06 %

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CAD 1.39B
ARKW ARK Next Generation Inter.. 2.39 % 0.75 %

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USD 1.46B
ALFA 0.00 % 0.65 %

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HEWC 0.00 % 0.03 %

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IXUS iShares Core MSCI Total I.. 0.00 % 0.11 %

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USD 36.47B
FTXD 0.00 % 0.60 %

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DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

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CAD 0.04B
FDNI First Trust Dow Jones Int.. 0.00 % 0.00 %

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USD 0.03B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.22B
GIGE 0.00 % 0.00 %

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TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

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USD 0.48B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

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CAD 1.70B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

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CAD 6.67B
XCG:CA iShares Canadian Growth 0.00 % 0.55 %

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CAD 0.08B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

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CAD 0.11B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

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CAD 11.91B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

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CAD 0.61B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

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CAD 11.81B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

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CAD 7.50B
QCD:CA 0.00 % 0.45 %

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MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

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CAD 0.31B
IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

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USD 13.56B
FNG 0.00 % 0.82 %

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FCCM:CA 0.00 % 0.00 %

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VFIN 0.00 % 0.00 %

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WWOW 0.00 % 0.00 %

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XIU 0.00 % 0.00 %

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XCLR:CA 0.00 % 0.00 %

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ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

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CAD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -24.65% 22% F 5% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -24.65% 22% F 5% F
Trailing 12 Months  
Capital Gain -0.46% 48% F 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.46% 48% F 19% F
Trailing 5 Years  
Capital Gain 112.80% 74% C 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 112.80% 74% C 85% B
Average Annual (5 Year Horizon)  
Capital Gain 52.73% 87% B+ 95% A
Dividend Return 52.73% 87% B+ 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 94.51% 17% F 8% B-
Risk Adjusted Return 55.79% 92% A 78% C+
Market Capitalization 3.28B 95% A 97% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Application) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 696.70 6% 1%
Price/Book Ratio 9.94 22% 8%
Price / Cash Flow Ratio 80.44 16% 2%
Price/Free Cash Flow Ratio -10,780.64 100% 100%
Management Effectiveness  
Return on Equity -2.41% 60% 24%
Return on Invested Capital 0.37% 61% 26%
Return on Assets 3.10% 78% 56%
Debt to Equity Ratio 10.10% 78% 87%

Annual Financials (USD)

Quarterly Financials (USD)

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:
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.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

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.

Positive cash flow

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

Superior Earnings Growth

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

Superior Revenue Growth

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

What to not like:
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.

Overpriced compared to book value

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

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

Negative free cash flow

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