SHOP:NYE-Shopify Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 119.9

Change

+2.49 (+2.12)%

Market Cap

USD 141.30B

Volume

0.01B

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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ETFs Containing SHOP

ARKF ARK Fintech Innovation ET.. 9.78 % 0.00 %

+0.58 (+1.20%)

USD 1.13B
FDNI First Trust Dow Jones Int.. 9.75 % 0.00 %

+0.96 (+1.20%)

USD 0.04B
FDIU:LSE First Trust Dow Jones Int.. 9.50 % 0.00 %

+0.44 (+1.20%)

USD 4.08M
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

+0.52 (+1.20%)

N/A
ARKD EA Series Trust - ARK 21S.. 8.11 % 0.00 %

+0.92 (+1.20%)

USD 5.21M
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 7.99 % 0.00 %

-0.10 (1.20%)

CAD 3.50M
FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

+36.30 (+1.20%)

N/A
CBUV:XETRA iShares Metaverse UCITS E.. 7.38 % 0.00 %

+0.10 (+1.20%)

USD 0.12B
TECI:CA TD Global Technology Inno.. 7.23 % 0.00 %

+0.17 (+1.20%)

CAD 8.31M
FCCQ:CA Fidelity Canadian High Qu.. 7.11 % 0.39 %

+0.33 (+1.20%)

CAD 0.25B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 6.70 % 0.00 %

+0.97 (+1.20%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 6.70 % 0.00 %

N/A

USD 0.62B
ZIU:CA BMO S&P/TSX 60 Index ETF 6.62 % 0.00 %

+0.46 (+1.20%)

CAD 0.10B
CNDX:CA Global X S&P/TSX 60 Index.. 6.60 % 0.00 %

+0.23 (+1.20%)

CAD 0.20B
QCE:CA Mackenzie Canadian Large .. 6.24 % 0.06 %

+1.28 (+1.20%)

CAD 0.16B
UIM9:F UBS ETF SICAV - MSCI Cana.. 6.15 % 0.00 %

N/A

USD 1.11B
CAHEUA:SW UBS(Lux)Fund Solutions .. 6.15 % 0.00 %

N/A

USD 0.09B
CANCDA:SW UBS(Lux)Fund Solutions .. 6.15 % 0.00 %

+0.61 (+1.20%)

USD 1.25B
CANUKD:SW UBS(Lux)Fund Solutions .. 6.15 % 0.00 %

N/A

USD 8.56M
IBUY:AU BetaShares Online Retail .. 6.13 % 0.00 %

N/A

N/A
SXR2:F iShares VII PLC - iShares.. 6.13 % 0.00 %

N/A

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 6.13 % 0.00 %

N/A

USD 1.01B
HCAN:PA HSBC MSCI Canada UCITS ET.. 6.09 % 0.00 %

+0.29 (+1.20%)

USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 6.09 % 0.00 %

N/A

USD 0.03B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 5.93 % 0.00 %

+0.19 (+1.20%)

CAD 0.04B
E61Z:XETRA Global X E-commerce UCITS.. 5.91 % 0.00 %

+0.21 (+1.20%)

USD 0.89M
EBIG:LSE Global X E-commerce UCITS.. 5.60 % 0.00 %

+0.17 (+1.20%)

USD 3.02M
DRMC:CA Desjardins RI Canada - Ne.. 5.55 % 0.29 %

+0.22 (+1.20%)

CAD 0.05B
PCIG Litman Gregory Funds Trus.. 5.50 % 0.00 %

+0.12 (+1.20%)

USD 0.03B
FST:CA First Trust Canadian Capi.. 5.43 % 0.66 %

+0.30 (+1.20%)

CAD 0.11B
XESG:CA iShares ESG Aware MSCI Ca.. 5.42 % 0.00 %

+0.23 (+1.20%)

CAD 0.47B
QCN:CA Mackenzie Canadian Equity.. 5.03 % 0.06 %

+1.48 (+1.20%)

CAD 1.77B
CLOU Global X Cloud Computing 4.95 % 0.00 %

+0.43 (+1.20%)

USD 0.39B
ARCK:LSE ARK Innovation UCITS ETF .. 4.89 % 0.00 %

+4.05 (+1.20%)

USD 0.04B
ARKK:LSE ARK Innovation UCITS ETF .. 4.89 % 0.00 %

+0.05 (+1.20%)

USD 0.04B
CL0U:XETRA Global X Cloud Computing .. 4.71 % 0.00 %

+0.16 (+1.20%)

USD 0.04B
CLO:LSE Global X Cloud Computing .. 4.57 % 0.00 %

+0.10 (+1.20%)

USD 3.96M
BYOB 4.52 % 0.00 %

N/A

N/A
AOTG AOT Growth and Innovation.. 4.46 % 0.00 %

+0.35 (+1.20%)

USD 0.05B
EBIZ Global X E-commerce ETF 4.36 % 0.00 %

+0.50 (+1.20%)

USD 0.08B
ICTE:CA Invesco S&P/TSX Composite.. 4.31 % 0.00 %

N/A

CAD 0.98M
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

+0.21 (+1.20%)

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 %

+0.25 (+1.20%)

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
DRFC:CA Desjardins RI Canada Mult.. 4.06 % 0.57 %

+0.15 (+1.20%)

CAD 0.23B
UMMA Wahed Dow Jones Islamic W.. 4.05 % 0.00 %

+0.19 (+1.20%)

USD 0.12B
NEWZ StockSnips AI-Powered Sen.. 3.50 % 0.00 %

+0.04 (+1.20%)

USD 0.02B
ARCI:LSE ARK Artificial Intelligen.. 3.43 % 0.00 %

+6.10 (+1.20%)

USD 0.05B
ARKI:LSE ARK Artificial Intelligen.. 3.43 % 0.00 %

+0.07 (+1.20%)

USD 0.05B
ETLH:XETRA L&G Ecommerce Logistics U.. 3.37 % 0.00 %

+0.28 (+1.20%)

USD 0.20B
2B79:XETRA iShares Digitalisation UC.. 3.26 % 0.00 %

+0.11 (+1.20%)

USD 1.01B
MCLC:CA Manulife Multifactor Cana.. 3.16 % 0.45 %

+0.33 (+1.20%)

CAD 0.34B
AMOM QRAFT AI-Enhanced U.S. La.. 2.67 % 0.00 %

+0.27 (+1.20%)

USD 0.05B
OGIG O'Shares Global Internet .. 1.97 % 0.48 %

+1.03 (+1.20%)

USD 0.15B
WCLD:SW WisdomTree Cloud Computin.. 1.85 % 0.00 %

+0.47 (+1.20%)

USD 0.34B
EDGE:CA Evolve Innovation Index F.. 1.58 % 0.60 %

+0.33 (+1.20%)

CAD 0.04B
SPTE SP Funds Trust 1.45 % 0.00 %

+0.28 (+1.20%)

N/A
PFAA:CA Picton Mahoney Fortified .. 1.38 % 0.00 %

N/A

CAD 0.17B
ALFA 0.00 % 0.65 %

N/A

N/A
ARKK ARK Innovation ETF 0.00 % 0.75 %

-0.04 (1.20%)

USD 6.42B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

+1.09 (+1.20%)

USD 1.75B
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.37 (+1.20%)

N/A
FNDC Schwab Fundamental Intern.. 0.00 % 0.39 %

+0.25 (+1.20%)

USD 2.96B
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 %

+0.53 (+1.20%)

USD 38.73B
FTXD 0.00 % 0.60 %

N/A

N/A
NFAM:CA 0.00 % 0.00 %

N/A

N/A
GIGE 0.00 % 0.00 %

N/A

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

+1.61 (+1.20%)

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

+0.39 (+1.20%)

USD 0.43B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.47 (+1.20%)

CAD 2.12B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

+0.45 (+1.20%)

CAD 8.54B
XCG:CA iShares Canadian Growth 0.00 % 0.55 %

+0.64 (+1.20%)

CAD 0.10B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

+0.49 (+1.20%)

CAD 0.13B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.34 (+1.20%)

CAD 15.12B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

+1.08 (+1.20%)

CAD 0.78B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.33 (+1.20%)

CAD 16.45B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.28 (+1.20%)

CAD 9.58B
QCD:CA 0.00 % 0.45 %

N/A

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

+0.41 (+1.20%)

USD 16.71B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.29 (+1.20%)

USD 0.41B
FNG 0.00 % 0.82 %

N/A

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

+186.00 (+1.20%)

USD 1.00B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

+0.24 (+1.20%)

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

+20.00 (+1.20%)

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

+23.50 (+1.20%)

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

+23.75 (+1.20%)

USD 0.06B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.89 (+1.20%)

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

+0.63 (+1.20%)

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 %

+2.30 (+1.20%)

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

+0.50 (+1.20%)

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

+0.41 (+1.20%)

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

+0.35 (+1.20%)

CAD 0.06B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.08 (1.20%)

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

+0.72 (+1.20%)

CAD 0.29B
FCCM:CA 0.00 % 0.00 %

N/A

N/A
TMEC:CA 0.00 % 0.00 %

N/A

N/A
WTEJ:XETRA WisdomTree Cloud Computin.. 0.00 % 0.00 %

+0.65 (+1.20%)

USD 0.37B
LCG Sterling Capital Focus Eq.. 0.00 % 0.00 %

+0.32 (+1.20%)

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

+0.40 (+1.20%)

USD 0.08B
VFIN 0.00 % 0.00 %

N/A

N/A
XIU 0.00 % 0.00 %

N/A

N/A
WCLD:LSE WisdomTree Cloud Computin.. 0.00 % 0.00 %

+0.53 (+1.20%)

USD 0.31B
EDGE-U:CA Evolve Innovation Index F.. 0.00 % 0.00 %

-0.10 (1.20%)

N/A
XCLR:CA 0.00 % 0.00 %

N/A

N/A
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

+0.23 (+1.20%)

CAD 0.50B
LEAD:CA Evolve Future Leadership .. 0.00 % 0.00 %

N/A

CAD 0.02B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

+0.36 (+1.20%)

CAD 0.04B
WTEJ:F WisdomTree Cloud Computin.. 0.00 % 0.00 %

+0.43 (+1.20%)

USD 0.37B
CINV:CA CI Global Alpha Innovatio.. 0.00 % 0.00 %

+0.12 (+1.20%)

CAD 6.55M

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 12.76% 76% C+ 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.76% 76% C+ 92% A
Trailing 12 Months  
Capital Gain 34.54% 74% C 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 34.54% 72% C 86% B+
Trailing 5 Years  
Capital Gain 125.69% 81% B- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 125.69% 81% B- 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 19.03% 77% C+ 80% B-
Dividend Return 19.03% 76% C+ 77% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 70.46% 27% F 13% F
Risk Adjusted Return 27.01% 66% D+ 41% F
Market Capitalization 141.30B 98% N/A 99% 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.