SHOP:NYE-Shopify Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 78.44

Change

-0.55 (-0.70)%

Market Cap

USD 102.89B

Volume

3.58M

Analyst Target

USD 1,099.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-04 )

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ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 26.45 % 0.61 %

-0.08 (0.29%)

CAD 0.66B
XCG:CA iShares Canadian Growth 10.83 % 0.55 %

-0.07 (0.29%)

CAD 0.09B
XEN:CA iShares Jantzi Social Ind.. 9.31 % 0.55 %

-0.18 (0.29%)

CAD 0.12B
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

-0.49 (0.29%)

N/A
FDIU:LSE First Trust Dow Jones Int.. 8.41 % 0.00 %

+0.07 (+0.29%)

USD 4.08M
FDNI First Trust Dow Jones Int.. 8.39 % 0.00 %

+0.49 (+0.29%)

USD 0.04B
ARKD 8.20 % 0.00 %

N/A

N/A
FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

+3.30 (+0.29%)

N/A
TECI:CA TD Global Technology Inno.. 6.78 % 0.00 %

-0.01 (0.29%)

CAD 6.34M
CBUV:XETRA iShares Metaverse UCITS E.. 5.89 % 0.00 %

-0.09 (0.29%)

USD 0.11B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.82 % 0.00 %

-0.02 (0.29%)

CAD 4.33M
FLCA Franklin FTSE Canada ETF 5.10 % 0.09 %

+0.07 (+0.29%)

USD 0.40B
IBUY:AU BetaShares Online Retail .. 4.98 % 0.00 %

-0.04 (0.29%)

N/A
D5BH:XETRA Xtrackers MSCI Canada ESG.. 4.92 % 0.00 %

-0.20 (0.29%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 4.92 % 0.00 %

-0.32 (0.29%)

USD 0.56B
XIU:CA iShares S&P/TSX 60 4.72 % 0.18 %

+0.01 (+0.29%)

CAD 14.56B
CNDX:CA Global X S&P/TSX 60 Index.. 4.71 % 0.00 %

+0.02 (+0.29%)

CAD 0.10B
VCE:CA Vanguard FTSE Canada 4.69 % 0.06 %

-0.08 (0.29%)

CAD 2.04B
EBIZ Global X E-commerce ETF 4.67 % 0.00 %

+0.25 (+0.29%)

USD 0.06B
EBIG:LSE Global X E-commerce UCITS.. 4.65 % 0.00 %

+0.05 (+0.29%)

USD 1.35M
ZIU:CA BMO S&P/TSX 60 Index ETF 4.62 % 0.00 %

-0.25 (0.29%)

CAD 0.07B
BYOB 4.52 % 0.00 %

N/A

N/A
UC87:LSE UBS(Lux)Fund Solutions .. 4.51 % 0.00 %

-0.75 (0.29%)

USD 0.05B
SXR2:F iShares VII PLC - iShares.. 4.50 % 0.00 %

+0.50 (+0.29%)

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 4.50 % 0.00 %

N/A

USD 1.16B
HCAN:PA HSBC MSCI Canada UCITS ET.. 4.49 % 0.00 %

-0.02 (0.29%)

USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 4.49 % 0.00 %

-0.10 (0.29%)

USD 0.03B
UIM9:F UBS ETF SICAV - MSCI Cana.. 4.49 % 0.00 %

N/A

USD 1.21B
CAHEUA:SW UBS(Lux)Fund Solutions .. 4.49 % 0.00 %

N/A

USD 0.07B
CANCDA:SW UBS(Lux)Fund Solutions .. 4.49 % 0.00 %

-0.02 (0.29%)

USD 1.23B
CANUKD:SW UBS(Lux)Fund Solutions .. 4.49 % 0.00 %

N/A

USD 8.02M
QCE:CA Mackenzie Canadian Large .. 4.49 % 0.06 %

-0.09 (0.29%)

CAD 0.14B
E61Z:XETRA Global X E-commerce UCITS.. 4.48 % 0.00 %

+0.01 (+0.29%)

USD 0.89M
CL0U:XETRA Global X Cloud Computing .. 4.44 % 0.00 %

-0.12 (0.29%)

USD 0.04B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 4.42 % 0.00 %

+0.08 (+0.29%)

CAD 0.03B
CLO:LSE Global X Cloud Computing .. 4.41 % 0.00 %

-0.05 (0.29%)

USD 2.84M
TECH:AU ETFS Morningstar Global T.. 4.34 % 0.00 %

+0.51 (+0.29%)

USD 0.32B
ARCK:LSE ARK Innovation UCITS ETF .. 4.31 % 0.00 %

+1.03 (+0.29%)

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

+0.01 (+0.29%)

USD 0.01B
UMMA Wahed Dow Jones Islamic W.. 4.19 % 0.00 %

+0.05 (+0.29%)

USD 0.11B
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

-0.09 (0.29%)

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 %

+0.01 (+0.29%)

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
XIC:CA iShares Core S&P/TSX Capp.. 3.80 % 0.06 %

+0.02 (+0.29%)

CAD 13.54B
ICTE:CA Invesco S&P/TSX Composite.. 3.80 % 0.00 %

-0.02 (0.29%)

CAD 1.10M
VCN:CA Vanguard FTSE Canada All .. 3.74 % 0.06 %

-0.03 (0.29%)

CAD 7.98B
QCN:CA Mackenzie Canadian Equity.. 3.61 % 0.06 %

-0.10 (0.29%)

CAD 1.59B
ZCN:CA BMO S&P/TSX Capped Compos.. 3.08 % 0.05 %

+0.01 (+0.29%)

CAD 8.62B
ARCI:LSE ARK Artificial Intelligen.. 2.92 % 0.00 %

-2.85 (0.29%)

USD 9.52M
ARKI:LSE ARK Artificial Intelligen.. 2.92 % 0.00 %

-0.03 (0.29%)

USD 9.52M
2B79:XETRA iShares Digitalisation UC.. 2.43 % 0.00 %

-0.06 (0.29%)

USD 1.01B
OGIG 1.88 % 0.48 %

N/A

N/A
EDGE:CA Evolve Innovation Index F.. 1.52 % 0.60 %

+0.01 (+0.29%)

CAD 0.04B
SPTE SP Funds Trust 1.45 % 0.00 %

+0.02 (+0.29%)

N/A
ALFA 0.00 % 0.65 %

N/A

N/A
ARKK ARK Innovation ETF 0.00 % 0.75 %

+0.04 (+0.29%)

USD 5.66B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

-0.66 (0.29%)

USD 1.43B
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.23 (+0.29%)

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 %

+0.15 (+0.29%)

USD 38.22B
FTXD 0.00 % 0.60 %

N/A

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

+0.04 (+0.29%)

CAD 0.04B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

+0.06 (+0.29%)

CAD 0.23B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

+0.06 (+0.29%)

CAD 0.17B
ARKF ARK Fintech Innovation ET.. 0.00 % 0.00 %

-0.06 (0.29%)

USD 0.90B
NFAM:CA NBI Canadian Family Busin.. 0.00 % 0.00 %

+0.17 (+0.29%)

CAD 1.63M
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

-0.02 (0.29%)

CAD 0.44B
CLOU Global X Cloud Computing 0.00 % 0.00 %

-0.04 (0.29%)

USD 0.33B
GIGE 0.00 % 0.00 %

N/A

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

+0.30 (+0.29%)

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

+0.16 (+0.29%)

USD 0.46B
QCD:CA 0.00 % 0.45 %

N/A

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

+0.11 (+0.29%)

USD 14.38B
FNG 0.00 % 0.82 %

N/A

N/A
CSCA:LSE iShares VII Public Limite.. 0.00 % 0.00 %

+27.00 (+0.29%)

USD 1.16B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

+0.07 (+0.29%)

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

+4.75 (+0.29%)

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

+6.50 (+0.29%)

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

+0.10 (+0.29%)

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

+0.02 (+0.29%)

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

-0.50 (0.29%)

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

-0.08 (0.29%)

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

-0.05 (0.29%)

CAD 0.09B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.12 (0.29%)

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

-0.01 (0.29%)

CAD 0.02B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

N/A
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

+0.02 (+0.29%)

CAD 0.26B
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 %

+0.02 (+0.29%)

USD 0.04B
MMLG First Trust Exchange-Trad.. 0.00 % 0.00 %

-0.07 (0.29%)

USD 0.07B
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
EDGE-U:CA Evolve Innovation Index F.. 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 %

+0.03 (+0.29%)

CAD 0.49B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

-0.03 (0.29%)

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

-0.01 (0.29%)

N/A

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 -89.93% 1% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -89.93% 1% F 1% F
Trailing 12 Months  
Capital Gain -87.02% 1% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -87.02% 1% F 2% F
Trailing 5 Years  
Capital Gain -73.41% 11% F 6% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return -73.41% 11% F 7% C-
Average Annual (5 Year Horizon)  
Capital Gain 29.35% 82% B 88% B+
Dividend Return 29.35% 82% B 87% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 81.57% 23% F 10% F
Risk Adjusted Return 35.98% 75% C 53% F
Market Capitalization 102.89B 98% N/A 98% N/A

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:
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.

Superior capital utilization

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

Superior return on equity

The company management has delivered better return on equity 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.

Positive free cash flow

The company had positive total free 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.

Overpriced on free cash flow basis

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