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

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 59.2

Change

-0.67 (-1.12)%

Market Cap

USD 3.28B

Volume

6.67M

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)

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Relative Returns (From:    To: 2024-07-30 )

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ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 22.38 % 0.61 %

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CAD 0.63B
ARKF ARK Fintech Innovation ET.. 9.14 % 0.00 %

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USD 0.80B
FDIU:LSE First Trust Dow Jones Int.. 8.85 % 0.00 %

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USD 4.08M
FDNI First Trust Dow Jones Int.. 8.58 % 0.00 %

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USD 0.03B
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

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XCG:CA iShares Canadian Growth 8.16 % 0.55 %

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CAD 0.09B
FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

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XEN:CA iShares Jantzi Social Ind.. 7.32 % 0.55 %

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CAD 0.12B
ARKD 5.84 % 0.00 %

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TECI:CA TD Global Technology Inno.. 5.26 % 0.00 %

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CAD 7.25M
ESGC:CA Invesco S&P/TSX Composite.. 4.89 % 0.00 %

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CAD 0.07B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 4.84 % 0.00 %

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CAD 3.14M
FLCA Franklin FTSE Canada ETF 4.68 % 0.09 %

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USD 0.39B
EBIG:LSE Global X E-commerce UCITS.. 4.66 % 0.00 %

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USD 1.37M
CBUV:XETRA iShares Metaverse UCITS E.. 4.64 % 0.00 %

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USD 0.09B
IBUY:AU BetaShares Online Retail .. 4.52 % 0.00 %

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BYOB 4.52 % 0.00 %

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

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

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

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

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

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XCAN:SW Xtrackers MSCI Canada ESG.. 4.06 % 0.00 %

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USD 0.34B
VCE:CA Vanguard FTSE Canada 4.03 % 0.06 %

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CAD 1.88B
ARKK:LSE ARK Innovation UCITS ETF .. 4.03 % 0.00 %

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USD 8.89M
ARCK:LSE ARK Innovation UCITS ETF .. 3.98 % 0.00 %

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USD 8.47M
XIU:CA iShares S&P/TSX 60 3.83 % 0.18 %

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CAD 13.34B
UMMA Wahed Dow Jones Islamic W.. 3.78 % 0.00 %

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USD 0.11B
ZIU:CA BMO S&P/TSX 60 Index ETF 3.72 % 0.00 %

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CAD 0.07B
QCE:CA Mackenzie Canadian Large .. 3.64 % 0.06 %

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CAD 0.13B
CAHEUA:SW UBS(Lux)Fund Solutions .. 3.63 % 0.00 %

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USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 3.63 % 0.00 %

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USD 1.16B
CANUKD:SW UBS(Lux)Fund Solutions .. 3.63 % 0.00 %

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USD 7.09M
CSCA:SW iShares VII PLC - iShares.. 3.63 % 0.00 %

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USD 1.10B
DRMC:CA Desjardins RI Canada - Lo.. 3.62 % 0.29 %

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CAD 0.04B
FGGE:CA Franklin Global Growth Fu.. 3.61 % 0.00 %

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CAD 0.02B
HCAN:SW HSBC MSCI Canada UCITS ET.. 3.60 % 0.00 %

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USD 0.04B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 3.55 % 0.00 %

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CAD 0.03B
XESG:CA iShares ESG Aware MSCI Ca.. 3.43 % 0.00 %

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CAD 0.41B
VCN:CA Vanguard FTSE Canada All .. 3.21 % 0.06 %

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CAD 7.48B
ICTE:CA Invesco S&P/TSX Composite.. 3.13 % 0.00 %

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CAD 1.06M
XIC:CA iShares Core S&P/TSX Capp.. 3.08 % 0.06 %

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CAD 12.96B
ZCN:CA BMO S&P/TSX Capped Compos.. 3.08 % 0.05 %

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CAD 8.07B
CCEI:CA CIBC Canadian Equity Inde.. 3.08 % 0.00 %

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CAD 0.61B
ARKI:LSE ARK Artificial Intelligen.. 3.05 % 0.00 %

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USD 4.86M
ARCI:LSE ARK Artificial Intelligen.. 2.98 % 0.00 %

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USD 5.65M
QCN:CA Mackenzie Canadian Equity.. 2.92 % 0.06 %

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CAD 1.50B
DRFC:CA Desjardins RI Canada Mult.. 2.45 % 0.57 %

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CAD 0.21B
ZACE:CA BMO U.S. All Cap Equity F.. 2.33 % 0.00 %

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CAD 0.03B
SPTE SP Funds Trust 1.45 % 0.00 %

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ALFA 0.00 % 0.65 %

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ARKK ARK Innovation ETF 0.00 % 0.75 %

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USD 5.39B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

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USD 1.34B
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

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HEWC 0.00 % 0.03 %

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HEX:CA 0.00 % 0.84 %

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

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USD 38.16B
FTXD 0.00 % 0.60 %

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GIGE 0.00 % 0.00 %

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CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.00 %

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TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

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USD 0.49B
QCD:CA 0.00 % 0.45 %

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IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

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USD 14.47B
FNG 0.00 % 0.82 %

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CSCA:LSE iShares VII Public Limite.. 0.00 % 0.00 %

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USD 1.12B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

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HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.00 %

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

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

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HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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USD 0.04B
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

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

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

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USD 1.19B
2B79:XETRA iShares Digitalisation UC.. 0.00 % 0.00 %

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

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USD 0.36B
H4ZR:XETRA 0.00 % 0.00 %

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SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

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

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

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

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XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

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CAD 0.24B
FCCM:CA 0.00 % 0.00 %

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TMEC:CA 0.00 % 0.00 %

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LCG Sterling Capital Focus Eq.. 0.00 % 0.00 %

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USD 0.05B
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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2B79:F iShares Digitalisation UC.. 0.00 % 0.00 %

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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 -24.01% 30% F 7% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return -24.01% 30% F 6% D-
Trailing 12 Months  
Capital Gain -12.23% 52% F 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -12.23% 52% F 14% F
Trailing 5 Years  
Capital Gain 73.41% 72% C 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 73.41% 69% C- 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 43.79% 88% B+ 94% A
Dividend Return 43.79% 88% B+ 94% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 89.97% 18% F 8% B-
Risk Adjusted Return 48.67% 84% B 70% C-
Market Capitalization 3.28B 98% N/A 98% 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 26% 8%
Price / Cash Flow Ratio 86.20 12% 2%
Price/Free Cash Flow Ratio -10,780.64 100% 100%
Management Effectiveness  
Return on Equity -2.41% 69% 28%
Return on Invested Capital 0.37% 68% 29%
Return on Assets 3.10% 90% 60%
Debt to Equity Ratio 10.10% 75% 86%

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.