SHOP:CA:TSX-Shopify Inc (CAD)

COMMON STOCK | Software - Application |

Last Closing

CAD 118.68

Change

+4.46 (+3.90)%

Market Cap

CAD 142.17B

Volume

1.70M

Analyst Target

CAD 195.00
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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-07 )

Largest Industry Peers for Software - Application

Symbol Name Price(Change) Market Cap
CSU:CA Constellation Software Inc.

+53.39 (+1.23%)

CAD 92.08B
DSG:CA Descartes Systems Group Inc

+0.50 (+0.32%)

CAD 13.43B
OTEX:CA Open Text Corp

+0.34 (+0.84%)

CAD 10.74B
KXS:CA Kinaxis Inc

-3.28 (-1.92%)

CAD 4.43B
LSPD:CA Lightspeed Commerce Inc

+1.54 (+7.01%)

CAD 3.17B
DCBO:CA Docebo Inc

+0.52 (+0.74%)

CAD 2.13B
ENGH:CA Enghouse Systems Ltd

+0.35 (+1.16%)

CAD 1.70B
DND:CA Dye & Durham Ltd

-2.46 (-12.46%)

CAD 1.32B
CMG:CA Computer Modelling Group Ltd.

-0.43 (-3.45%)

CAD 0.98B
DTOL:CA D2L Inc

-0.03 (-0.21%)

CAD 0.78B

ETFs Containing SHOP:CA

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 -88.50% 10% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -88.50% 10% F 1% F
Trailing 12 Months  
Capital Gain -85.77% 11% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -85.77% 11% F 1% F
Trailing 5 Years  
Capital Gain -69.86% 27% F 6% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return -69.86% 27% F 6% D-
Average Annual (5 Year Horizon)  
Capital Gain 27.51% 85% B 88% B+
Dividend Return 27.51% 85% B 88% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 77.83% 30% F 11% F
Risk Adjusted Return 35.35% 75% C 53% F
Market Capitalization 142.17B 100% F 100% F

Annual Financials (CAD)

Quarterly Financials (CAD)

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.

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 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.

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.

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.