SHOP:NYE-Shopify Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 94.85

Change

0.00 (0.00)%

Market Cap

USD 141.30B

Volume

7.07M

Analyst Target

USD 1,099.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. 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 based in Ottawa, Canada.

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ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 24.63 % 0.61 %

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CAD 0.82B
ARKD EA Series Trust - ARK 21S.. 10.00 % 0.00 %

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USD 4.50M
XCG:CA iShares Canadian Growth 9.72 % 0.55 %

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CAD 0.11B
XEN:CA iShares Jantzi Social Ind.. 9.67 % 0.55 %

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CAD 0.13B
ARKF ARK Fintech Innovation ET.. 9.66 % 0.00 %

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USD 0.97B
FDIU:LSE First Trust Dow Jones Int.. 9.35 % 0.00 %

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USD 4.08M
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 9.19 % 0.00 %

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CAD 3.44M
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

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

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FCCQ:CA Fidelity Canadian High Qu.. 7.68 % 0.39 %

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CAD 0.25B
TECI:CA TD Global Technology Inno.. 7.59 % 0.00 %

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CAD 8.39M
CBUV:XETRA iShares Metaverse UCITS E.. 7.38 % 0.00 %

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XCAN:SW 7.22 % 0.00 %

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D5BH:XETRA Xtrackers MSCI Canada ESG.. 6.79 % 0.00 %

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USD 0.36B
XIU:CA iShares S&P/TSX 60 6.66 % 0.18 %

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CAD 15.93B
HCAN:SW HSBC MSCI Canada UCITS ET.. 6.58 % 0.00 %

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USD 0.03B
UIM9:F UBS ETF SICAV - MSCI Cana.. 6.58 % 0.00 %

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USD 1.05B
CAHEUA:SW UBS(Lux)Fund Solutions .. 6.58 % 0.00 %

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CANCDA:SW UBS(Lux)Fund Solutions .. 6.58 % 0.00 %

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USD 1.11B
CANUKD:SW UBS(Lux)Fund Solutions .. 6.58 % 0.00 %

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USD 9.32M
SXR2:F iShares VII PLC - iShares.. 6.57 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 6.57 % 0.00 %

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ZIU:CA BMO S&P/TSX 60 Index ETF 6.50 % 0.00 %

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CAD 0.09B
CNDX:CA Global X S&P/TSX 60 Index.. 6.49 % 0.00 %

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CAD 0.23B
HCAN:PA HSBC MSCI Canada UCITS ET.. 6.30 % 0.00 %

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USD 0.03B
IBUY:AU 6.13 % 0.00 %

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E61Z:XETRA Global X E-commerce UCITS.. 5.95 % 0.00 %

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USD 0.89M
ETSX:CA Evolve S&P/TSX 60 Enhance.. 5.93 % 0.00 %

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CAD 0.04B
ICTE:CA Invesco S&P/TSX Composite.. 5.92 % 0.00 %

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CAD 0.97M
XESG:CA iShares ESG Aware MSCI Ca.. 5.85 % 0.00 %

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CAD 0.46B
VCN:CA Vanguard FTSE Canada All .. 5.80 % 0.06 %

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CAD 8.67B
CSCA:LSE iShares VII Public Limite.. 5.64 % 0.00 %

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USD 1.21B
ZCN:CA BMO S&P/TSX Capped Compos.. 5.63 % 0.05 %

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CAD 10.06B
PCIG Litman Gregory Funds Trus.. 5.50 % 0.00 %

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USD 0.03B
XIC:CA iShares Core S&P/TSX Capp.. 5.41 % 0.06 %

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CAD 15.13B
CLO:LSE Global X Cloud Computing .. 5.19 % 0.00 %

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USD 3.23M
ARCK:LSE ARK Innovation UCITS ETF .. 4.92 % 0.00 %

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

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USD 0.04B
CL0U:XETRA Global X Cloud Computing .. 4.84 % 0.00 %

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USD 0.04B
CLOU Global X Cloud Computing 4.82 % 0.00 %

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USD 0.33B
ARKK ARK Innovation ETF 4.70 % 0.75 %

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USD 5.23B
BYOB 4.52 % 0.00 %

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EBIG:LSE Global X E-commerce UCITS.. 4.36 % 0.00 %

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USD 3.44M
ARKW ARK Next Generation Inter.. 4.16 % 0.75 %

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USD 1.45B
NEWZ StockSnips AI-Powered Sen.. 4.15 % 0.00 %

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USD 0.03B
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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HEX:CA 3.81 % 0.84 %

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ARCI:LSE ARK Artificial Intelligen.. 3.51 % 0.00 %

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USD 0.06B
ETLH:XETRA L&G Ecommerce Logistics U.. 3.47 % 0.00 %

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USD 0.20B
ARKI:LSE ARK Artificial Intelligen.. 3.43 % 0.00 %

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USD 0.06B
UMMA Wahed Dow Jones Islamic W.. 3.43 % 0.00 %

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USD 0.12B
2B79:XETRA iShares Digitalisation UC.. 2.84 % 0.00 %

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USD 1.01B
FWD AB Disruptors ETF 1.59 % 0.00 %

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USD 0.55B
SPTE SP Funds Trust 1.45 % 0.00 %

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PFAA:CA Picton Mahoney Fortified .. 1.37 % 0.00 %

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CAD 0.18B
TSGB:LSE VanEck Sustainable World .. 0.59 % 0.00 %

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USD 0.91B
TSWE:F VanEck Sustainable World .. 0.56 % 0.00 %

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USD 0.72B
TSWE:SW VanEck Sustainable World .. 0.56 % 0.00 %

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USD 0.91B
ALFA 0.00 % 0.65 %

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EWC iShares MSCI Canada ETF 0.00 % 0.47 %

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HEWC 0.00 % 0.03 %

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

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USD 39.92B
PNQI Invesco NASDAQ Internet E.. 0.00 % 0.60 %

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USD 0.92B
FTXD 0.00 % 0.60 %

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QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

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CAD 0.16B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

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CAD 1.78B
EDGE:CA Evolve Innovation Index F.. 0.00 % 0.60 %

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CAD 0.04B
DRMC:CA Desjardins RI Canada - Ne.. 0.00 % 0.29 %

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CAD 0.05B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.21B
NFAM:CA 0.00 % 0.00 %

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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 0.47B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

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CAD 2.16B
QCD:CA 0.00 % 0.45 %

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MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

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

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USD 17.89B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

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USD 0.40B
FNG 0.00 % 0.82 %

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

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D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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

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

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ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.00 %

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

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CAD 0.06B
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 0.29B
FCCM:CA 0.00 % 0.00 %

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TMEC:CA 0.00 % 0.00 %

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WTEJ:XETRA WisdomTree Cloud Computin.. 0.00 % 0.00 %

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VFIN 0.00 % 0.00 %

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

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CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

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CAD 0.48B
KLWD:LSE WisdomTree Cloud Computin.. 0.00 % 0.00 %

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USD 0.34B
LEAD:CA Evolve Future Leadership .. 0.00 % 0.00 %

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

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CAD 0.04B
FCSI:CA Franklin ClearBridge Sust.. 0.00 % 0.00 %

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CAD 4.78M
WTEJ:F WisdomTree Cloud Computin.. 0.00 % 0.00 %

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CINV:CA CI Global Alpha Innovatio.. 0.00 % 0.00 %

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CAD 6.11M

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 -10.80% 57% F 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.80% 57% F 16% F
Trailing 12 Months  
Capital Gain 22.94% 74% C 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.94% 73% C 86% B+
Trailing 5 Years  
Capital Gain 169.42% 76% C+ 82% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 169.42% 76% C+ 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 16.77% 72% C 77% C+
Dividend Return 16.77% 72% C 74% C
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 67.52% 28% F 13% F
Risk Adjusted Return 24.84% 66% D+ 39% 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:
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.