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

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 65.61

Change

-0.52 (-0.79)%

Market Cap

USD 3.28B

Volume

7.12M

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: 2024-07-10 )

Largest Industry Peers for Software - Application

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

-0.67 (-1.05%)

USD 138.20B
SNOW Snowflake Inc.

-0.69 (-0.53%)

USD 43.47B
FICO Fair Isaac Corporation

-0.22 (-0.01%)

USD 39.68B
HUBS HubSpot Inc

-10.68 (-2.14%)

USD 24.45B
GWRE Guidewire Software Inc

+1.12 (+0.75%)

USD 12.23B
ESTC Elastic NV

-5.79 (-5.16%)

USD 11.38B
PCOR Procore Technologies Inc

+0.84 (+1.20%)

USD 10.24B
YMM Full Truck Alliance Co Ltd ADR

-0.26 (-3.35%)

USD 8.46B
DAY Dayforce Inc.

+0.15 (+0.28%)

USD 8.23B
SMAR Smartsheet Inc

-0.84 (-1.74%)

USD 6.56B

ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 24.99 % 0.61 %

-0.55 (0.30%)

CAD 0.63B
XCG:CA iShares Canadian Growth 9.20 % 0.55 %

-0.01 (0.30%)

CAD 0.08B
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

-0.60 (0.30%)

N/A
XEN:CA iShares Jantzi Social Ind.. 8.15 % 0.55 %

+0.11 (+0.30%)

CAD 0.12B
FDNI First Trust Dow Jones Int.. 7.87 % 0.00 %

-0.12 (0.30%)

USD 0.03B
FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

+1.90 (+0.30%)

N/A
FDIU:LSE First Trust Dow Jones Int.. 7.61 % 0.00 %

-0.02 (0.30%)

USD 4.08M
ESGA:CA BMO MSCI Canada ESG Leade.. 6.82 % 0.00 %

+0.13 (+0.30%)

CAD 0.09B
ARKD 6.35 % 0.00 %

N/A

N/A
TECI:CA TD Global Technology Inno.. 5.66 % 0.00 %

-0.07 (0.30%)

CAD 7.03M
IXTE:CA 5.42 % 0.00 %

N/A

N/A
CBUV:XETRA iShares Metaverse UCITS E.. 5.00 % 0.00 %

-0.03 (0.30%)

USD 0.09B
IBUY:AU BetaShares Online Retail .. 4.83 % 0.00 %

-0.17 (0.30%)

N/A
D5BH:XETRA Xtrackers MSCI Canada ESG.. 4.60 % 0.00 %

+0.51 (+0.30%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.60 % 0.00 %

+0.43 (+0.30%)

USD 0.33B
VCE:CA Vanguard FTSE Canada 4.56 % 0.06 %

+0.24 (+0.30%)

CAD 1.81B
BYOB 4.52 % 0.00 %

N/A

N/A
XIU:CA iShares S&P/TSX 60 4.33 % 0.18 %

+0.11 (+0.30%)

CAD 12.48B
FLCA Franklin FTSE Canada ETF 4.22 % 0.09 %

+0.09 (+0.30%)

USD 0.39B
QCE:CA Mackenzie Canadian Large .. 4.12 % 0.06 %

+0.16 (+0.30%)

CAD 0.13B
UIM9:F UBS ETF SICAV - MSCI Cana.. 4.11 % 0.00 %

N/A

USD 1.17B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 4.11 % 0.00 %

+0.35 (+0.30%)

USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

N/A

USD 0.06B
CANCDA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

+0.03 (+0.30%)

USD 1.17B
CANUKD:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

N/A

USD 5.77M
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

+0.12 (+0.30%)

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 %

+0.24 (+0.30%)

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
SXR2:F iShares VII PLC - iShares.. 4.10 % 0.00 %

+1.36 (+0.30%)

USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 4.10 % 0.00 %

+1.52 (+0.30%)

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 4.10 % 0.00 %

N/A

USD 1.05B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 4.10 % 0.00 %

+0.06 (+0.30%)

CAD 0.03B
HCAN:PA HSBC MSCI Canada UCITS ET.. 4.07 % 0.00 %

+0.15 (+0.30%)

USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 4.07 % 0.00 %

N/A

USD 0.03B
ZIU:CA BMO S&P/TSX 60 Index ETF 4.04 % 0.00 %

+0.29 (+0.30%)

CAD 0.07B
HEX:CA 3.81 % 0.84 %

N/A

N/A
UC87:LSE UBS(Lux)Fund Solutions .. 3.76 % 0.00 %

+10.00 (+0.30%)

USD 0.05B
VCN:CA Vanguard FTSE Canada All .. 3.63 % 0.06 %

+0.07 (+0.30%)

CAD 7.18B
CSCA:LSE iShares VII Public Limite.. 3.59 % 0.00 %

+124.00 (+0.30%)

USD 1.07B
ICTE:CA 3.49 % 0.00 %

N/A

N/A
XIC:CA iShares Core S&P/TSX Capp.. 3.48 % 0.06 %

+0.10 (+0.30%)

CAD 13.22B
QCN:CA Mackenzie Canadian Equity.. 3.31 % 0.06 %

+0.59 (+0.30%)

CAD 1.47B
UMMA Wahed Dow Jones Islamic W.. 3.25 % 0.00 %

-0.08 (0.30%)

USD 0.10B
ZCN:CA BMO S&P/TSX Capped Compos.. 3.06 % 0.05 %

+0.08 (+0.30%)

CAD 8.46B
2B79:XETRA iShares Digitalisation UC.. 2.27 % 0.00 %

+0.05 (+0.30%)

USD 1.01B
SPTE SP Funds S&P Global Techn.. 1.45 % 0.00 %

-0.46 (0.30%)

N/A
ALFA 0.00 % 0.65 %

N/A

N/A
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.13 (+0.30%)

N/A
HEWC 0.00 % 0.03 %

N/A

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

+0.05 (+0.30%)

USD 37.41B
FTXD 0.00 % 0.60 %

N/A

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

+0.03 (+0.30%)

CAD 0.04B
ARKF ARK Fintech Innovation ET.. 0.00 % 0.00 %

-0.31 (0.30%)

USD 0.90B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

+0.08 (+0.30%)

CAD 0.41B
GIGE 0.00 % 0.00 %

N/A

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

+1.20 (+0.30%)

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

+0.20 (+0.30%)

USD 0.49B
QCD:CA 0.00 % 0.45 %

N/A

N/A
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

+0.27 (+0.30%)

CAD 0.33B
IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

+0.18 (+0.30%)

USD 13.93B
FNG 0.00 % 0.82 %

N/A

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

+0.10 (+0.30%)

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

+11.50 (+0.30%)

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

+24.50 (+0.30%)

N/A
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.46 (+0.30%)

N/A
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

+0.47 (+0.30%)

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

N/A

N/A
H4ZR:XETRA 0.00 % 0.00 %

N/A

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

+0.07 (+0.30%)

CAD 0.07B
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
LCG Sterling Capital Focus Eq.. 0.00 % 0.00 %

+0.13 (+0.30%)

USD 0.06B
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
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

N/A

CAD 0.60B
ILDR First Trust Exchange-Trad.. 0.00 % 0.00 %

-0.39 (0.30%)

USD 0.03B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

N/A

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 -15.78% 43% F 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -15.78% 43% F 11% F
Trailing 12 Months  
Capital Gain -0.50% 59% D- 33% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.50% 59% D- 27% F
Trailing 5 Years  
Capital Gain 111.63% 73% C 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 111.63% 73% 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 94% 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 5% 1%
Price/Book Ratio 9.94 24% 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% 59% 24%
Return on Invested Capital 0.37% 57% 26%
Return on Assets 3.10% 78% 57%
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.