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

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 67.63

Change

0.00 (0.00)%

Market Cap

USD 3.28B

Volume

6.44M

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: 2024-07-06 )

Largest Industry Peers for Software - Application

Symbol Name Price(Change) Market Cap
UBER Uber Technologies Inc

+1.34 (+1.84%)

USD 155.97B
FICO Fair Isaac Corporation

-22.57 (-1.17%)

USD 47.52B
SNOW Snowflake Inc.

+4.25 (+3.85%)

USD 38.19B
HUBS HubSpot Inc

+17.58 (+3.40%)

USD 27.22B
GWRE Guidewire Software Inc

+1.91 (+1.05%)

USD 15.14B
YMM Full Truck Alliance Co Ltd ADR

+0.53 (+5.58%)

USD 9.62B
DAY Dayforce Inc.

+0.27 (+0.44%)

USD 9.61B
PCOR Procore Technologies Inc

+1.24 (+2.10%)

USD 9.10B
U Unity Software Inc

+1.15 (+5.56%)

USD 8.97B
ESTC Elastic NV

+2.81 (+3.69%)

USD 7.89B

ETFs Containing SHOP

BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

+1.19 (+1.05%)

N/A
FDIU:LSE First Trust Dow Jones Int.. 8.17 % 0.00 %

+0.15 (+1.05%)

USD 4.08M
FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

+13.90 (+1.05%)

N/A
ARKD 7.66 % 0.00 %

N/A

N/A
LCG Sterling Capital Focus Eq.. 7.34 % 0.00 %

+0.32 (+1.05%)

USD 0.04B
TECI:CA TD Global Technology Inno.. 6.33 % 0.00 %

+0.24 (+1.05%)

CAD 6.17M
ESGC:CA Invesco S&P/TSX Composite.. 5.66 % 0.00 %

+0.28 (+1.05%)

CAD 0.07B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.57 % 0.00 %

+0.11 (+1.05%)

CAD 3.25M
CBUV:XETRA iShares Metaverse UCITS E.. 5.56 % 0.00 %

+0.05 (+1.05%)

USD 0.10B
IBUY:AU BetaShares Online Retail .. 5.28 % 0.00 %

+0.21 (+1.05%)

N/A
FLCA Franklin FTSE Canada ETF 5.09 % 0.09 %

+0.33 (+1.05%)

USD 0.41B
FDNI First Trust Dow Jones Int.. 4.82 % 0.00 %

+0.48 (+1.05%)

USD 0.04B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.70 % 0.00 %

N/A

USD 0.50B
E61Z:XETRA Global X E-commerce UCITS.. 4.66 % 0.00 %

+0.20 (+1.05%)

USD 0.89M
EBIZ Global X E-commerce ETF 4.60 % 0.00 %

+0.64 (+1.05%)

USD 0.06B
BYOB 4.52 % 0.00 %

N/A

N/A
CLO:LSE Global X Cloud Computing .. 4.48 % 0.00 %

+0.12 (+1.05%)

USD 2.84M
EBIG:LSE Global X E-commerce UCITS.. 4.43 % 0.00 %

+0.16 (+1.05%)

USD 1.41M
CSCA:LSE iShares VII Public Limite.. 4.43 % 0.00 %

+72.00 (+1.05%)

USD 1.15B
ARCK:LSE ARK Innovation UCITS ETF .. 4.40 % 0.00 %

+4.28 (+1.05%)

USD 0.01B
ARKK:LSE ARK Innovation UCITS ETF .. 4.31 % 0.00 %

+0.05 (+1.05%)

USD 0.01B
CSCA:SW iShares VII PLC - iShares.. 4.26 % 0.00 %

N/A

USD 1.16B
HCAN:SW HSBC MSCI Canada UCITS ET.. 4.25 % 0.00 %

N/A

USD 0.03B
CAHEUA:SW UBS(Lux)Fund Solutions .. 4.24 % 0.00 %

N/A

USD 0.06B
CANCDA:SW UBS(Lux)Fund Solutions .. 4.24 % 0.00 %

+0.52 (+1.05%)

USD 1.21B
CANUKD:SW UBS(Lux)Fund Solutions .. 4.24 % 0.00 %

N/A

USD 5.81M
QCE:CA Mackenzie Canadian Large .. 4.23 % 0.06 %

+1.47 (+1.05%)

CAD 0.14B
CL0U:XETRA Global X Cloud Computing .. 4.17 % 0.00 %

+0.14 (+1.05%)

USD 0.04B
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

+0.27 (+1.05%)

N/A
CAHGBA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

N/A

N/A
CAHUSA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

+0.16 (+1.05%)

N/A
CANA:SW UBS (LUX) FUND SOLUTIONS .. 4.11 % 0.00 %

N/A

N/A
CAHGBD:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

N/A

N/A
UMMA Wahed Dow Jones Islamic W.. 4.10 % 0.00 %

+0.05 (+1.05%)

USD 0.11B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 4.06 % 0.00 %

+0.20 (+1.05%)

CAD 0.03B
VCN:CA Vanguard FTSE Canada All .. 3.74 % 0.06 %

+0.42 (+1.05%)

CAD 7.69B
ZIU:CA BMO S&P/TSX 60 Index ETF 3.72 % 0.00 %

+0.32 (+1.05%)

CAD 0.07B
FGGE:CA Franklin Global Growth Fu.. 3.67 % 0.00 %

-0.05 (1.05%)

CAD 0.02B
ICTE:CA Invesco S&P/TSX Composite.. 3.63 % 0.00 %

N/A

CAD 1.10M
CCEI:CA CIBC Canadian Equity Inde.. 3.59 % 0.00 %

+0.15 (+1.05%)

CAD 0.63B
QCN:CA Mackenzie Canadian Equity.. 3.41 % 0.06 %

+1.40 (+1.05%)

CAD 1.56B
DRMC:CA Desjardins RI Canada - Lo.. 3.20 % 0.29 %

+0.22 (+1.05%)

CAD 0.04B
ARKI:LSE ARK Artificial Intelligen.. 3.09 % 0.00 %

+0.06 (+1.05%)

USD 5.88M
ARCI:LSE ARK Artificial Intelligen.. 3.00 % 0.00 %

+5.03 (+1.05%)

USD 6.84M
AIAG:LSE L&G Artificial Intelligen.. 2.21 % 0.00 %

+17.50 (+1.05%)

USD 0.71B
AIAI:LSE L&G Artificial Intelligen.. 2.21 % 0.00 %

+0.21 (+1.05%)

USD 0.71B
MMLG First Trust Exchange-Trad.. 2.19 % 0.00 %

+0.38 (+1.05%)

USD 0.07B
OGIG 1.89 % 0.48 %

N/A

N/A
SPTE SP Funds Trust 1.45 % 0.00 %

+0.25 (+1.05%)

N/A
ALFA 0.00 % 0.65 %

N/A

N/A
ARKK ARK Innovation ETF 0.00 % 0.75 %

+1.16 (+1.05%)

USD 5.85B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

+2.11 (+1.05%)

USD 1.42B
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.25 (+1.05%)

N/A
HEWC 0.00 % 0.03 %

N/A

N/A
HEX:CA 0.00 % 0.84 %

N/A

N/A
IXUS iShares Core MSCI Total I.. 0.00 % 0.11 %

+0.50 (+1.05%)

USD 39.96B
FTXD 0.00 % 0.60 %

N/A

N/A
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

+0.32 (+1.05%)

CAD 0.16B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

+0.29 (+1.05%)

CAD 0.43B
CLOU Global X Cloud Computing 0.00 % 0.00 %

+0.45 (+1.05%)

USD 0.35B
GIGE 0.00 % 0.00 %

N/A

N/A
CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.00 %

+1.01 (+1.05%)

N/A
TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

+0.65 (+1.05%)

USD 0.49B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.45 (+1.05%)

CAD 1.96B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

+0.24 (+1.05%)

CAD 0.12B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.31 (+1.05%)

CAD 13.18B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

+1.24 (+1.05%)

CAD 0.65B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.29 (+1.05%)

CAD 13.94B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.26 (+1.05%)

CAD 8.49B
QCD:CA 0.00 % 0.45 %

N/A

N/A
IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

+0.46 (+1.05%)

USD 15.11B
FNG 0.00 % 0.82 %

N/A

N/A
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

+0.11 (+1.05%)

N/A
HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

+10.50 (+1.05%)

N/A
UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.00 %

+21.00 (+1.05%)

N/A
UC87:LSE UBS(Lux)Fund Solutions .. 0.00 % 0.00 %

+19.50 (+1.05%)

USD 0.05B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.41 (+1.05%)

N/A
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

+0.21 (+1.05%)

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

N/A

N/A
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

N/A

N/A
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

+2.54 (+1.05%)

USD 1.07B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

N/A

USD 1.20B
2B79:XETRA iShares Digitalisation UC.. 0.00 % 0.00 %

+0.08 (+1.05%)

USD 1.01B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.79 (+1.05%)

USD 0.36B
H4ZR:XETRA 0.00 % 0.00 %

N/A

N/A
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

+1.90 (+1.05%)

USD 1.07B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

+0.46 (+1.05%)

USD 2.02B
ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.00 %

+0.28 (+1.05%)

CAD 0.09B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

N/A
FCCM:CA 0.00 % 0.00 %

N/A

N/A
TMEC:CA 0.00 % 0.00 %

N/A

N/A
VFIN 0.00 % 0.00 %

N/A

N/A
WWOW 0.00 % 0.00 %

N/A

N/A
XIU 0.00 % 0.00 %

N/A

N/A
XCLR:CA 0.00 % 0.00 %

N/A

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

+0.69 (+1.05%)

CAD 0.03B
2B79:F iShares Digitalisation UC.. 0.00 % 0.00 %

+0.14 (+1.05%)

N/A

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 -13.18% 46% F 14% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -13.18% 46% F 13% F
Trailing 12 Months  
Capital Gain 9.66% 60% D- 59% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 9.66% 60% D- 50% F
Trailing 5 Years  
Capital Gain 110.69% 75% C 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 110.69% 75% C 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 46.67% 87% B+ 94% A
Dividend Return 46.67% 87% B+ 94% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 91.68% 18% F 8% B-
Risk Adjusted Return 50.91% 85% B 72% 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 23% 8%
Price / Cash Flow Ratio 90.15 11% 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% 59% 26%
Return on Assets 3.10% 80% 57%
Debt to Equity Ratio 10.10% 79% 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.