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

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 78.62

Change

+0.09 (+0.11)%

Market Cap

USD 3.28B

Volume

4.40M

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)

Compare
Relative Returns (From:    To: 2024-03-27 )

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ETFs Containing SHOP

FDIU:LSE First Trust Dow Jones Int.. 9.31 % 0.00 %

+0.24 (+0%)

USD 3.97M
FDNI:LSE First Trust Dow Jones Int.. 9.31 % 0.00 %

+23.10 (+0%)

N/A
BWEB Bitwise Funds Trust - Bit.. 8.00 % 0.00 %

+0.76 (+0%)

USD 3.01M
XCSR:CA iShares ESG Advanced MSCI.. 7.36 % 0.00 %

+0.34 (+0%)

CAD 0.20B
ARKF ARK Fintech Innovation ET.. 7.01 % 0.00 %

+0.54 (+0%)

USD 0.99B
TECI:CA TD Global Technology Inno.. 6.91 % 0.00 %

N/A

CAD 6.40M
TMEC:CA TD Morningstar ESG Canada.. 6.32 % 0.00 %

-0.01 (0%)

CAD 0.02B
LCG Sterling Capital Focus Eq.. 5.86 % 0.00 %

+0.13 (+0%)

USD 0.07B
IBUY:AU BetaShares Online Retail .. 5.51 % 0.00 %

-0.06 (0%)

N/A
XCAN:SW Xtrackers MSCI Canada ESG.. 5.31 % 0.00 %

+0.30 (+0%)

USD 0.36B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.08 % 0.00 %

N/A

CAD 2.91M
HCAN:SW HSBC MSCI Canada UCITS ET.. 4.76 % 0.00 %

N/A

USD 0.03B
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.75 % 0.00 %

+0.15 (+0%)

USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 4.75 % 0.00 %

N/A

USD 0.05B
CAHUSA:SW UBS(Lux)Fund Solutions .. 4.75 % 0.00 %

+0.43 (+0%)

USD 0.06B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 4.75 % 0.00 %

N/A

N/A
CAHGBD:SW UBS(Lux)Fund Solutions .. 4.75 % 0.00 %

N/A

USD 3.83M
CAHEUA:SW UBS(Lux)Fund Solutions .. 4.67 % 0.00 %

+0.21 (+0%)

USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 4.67 % 0.00 %

+0.41 (+0%)

USD 1.02B
CANUKD:SW UBS(Lux)Fund Solutions .. 4.67 % 0.00 %

+0.05 (+0%)

USD 2.90M
CSCA:SW iShares VII PLC - iShares.. 4.66 % 0.00 %

N/A

USD 1.03B
BYOB 4.52 % 0.00 %

N/A

N/A
CL0U:XETRA Global X Cloud Computing .. 4.25 % 0.00 %

+0.22 (+0%)

USD 0.04B
CLO:LSE Global X Cloud Computing .. 4.22 % 0.00 %

+0.19 (+0%)

USD 0.04B
CLO6:LSE Global X Cloud Computing .. 4.22 % 0.00 %

+0.17 (+0%)

USD 0.04B
UMMA Wahed Dow Jones Islamic W.. 4.16 % 0.00 %

+0.33 (+0%)

USD 0.08B
CLOU:SW GLOBAL X CLOUD COMPUTING .. 4.16 % 0.00 %

+0.16 (+0%)

N/A
CNAO:CA CI Alternative North Amer.. 4.09 % 0.00 %

N/A

CAD 2.52M
HEX:CA Horizons Enhanced Income .. 3.81 % 0.84 %

N/A

CAD 0.07B
CCEI:CA CIBC Canadian Equity Inde.. 3.76 % 0.00 %

+0.05 (+0%)

CAD 0.55B
ECOM:SW L&G Ecommerce Logistics U.. 3.72 % 0.00 %

+0.13 (+0%)

N/A
ARKD 3.60 % 0.00 %

N/A

N/A
ICTE:CA Invesco S&P/TSX Composite.. 2.93 % 0.00 %

N/A

CAD 0.99M
ALFA 0.00 % 0.65 %

N/A

N/A
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.13 (+0%)

USD 2.85B
HEWC 0.00 % 0.03 %

N/A

N/A
IXUS iShares Core MSCI Total I.. 0.00 % 0.11 %

+0.55 (+0%)

USD 36.13B
FTXD 0.00 % 0.60 %

N/A

N/A
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

+0.33 (+0%)

CAD 0.12B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

+0.62 (+0%)

CAD 1.37B
OGIG 0.00 % 0.48 %

N/A

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

+0.13 (+0%)

CAD 0.04B
FDNI First Trust Dow Jones Int.. 0.00 % 0.00 %

+0.33 (+0%)

USD 0.03B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

+0.08 (+0%)

CAD 0.22B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

+0.16 (+0%)

CAD 0.37B
CLOU Global X Cloud Computing 0.00 % 0.00 %

+0.23 (+0%)

USD 0.62B
GIGE 0.00 % 0.00 %

N/A

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

+1.22 (+0%)

USD 1.01B
TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

+0.52 (+0%)

USD 0.51B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.16 (+0%)

CAD 1.68B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

+0.18 (+0%)

CAD 6.54B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

+0.17 (+0%)

CAD 0.11B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.16 (+0%)

CAD 11.42B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

+0.04 (+0%)

CAD 0.65B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.13 (+0%)

CAD 12.31B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.12 (+0%)

CAD 7.38B
QCD:CA AGF Systematic Canadian E.. 0.00 % 0.45 %

+0.05 (+0%)

CAD 0.05B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

+0.23 (+0%)

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

+0.49 (+0%)

USD 12.84B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.15 (+0%)

USD 0.40B
FNG 0.00 % 0.82 %

N/A

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

+177.00 (+0%)

USD 1.01B
DGIT:LSE iShares Digitalisation UC.. 0.00 % 0.00 %

+15.00 (+0%)

USD 1.08B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

+0.18 (+0%)

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

+19.25 (+0%)

USD 0.03B
ECOG:LSE Legal & General UCITS ETF.. 0.00 % 0.00 %

+18.00 (+0%)

USD 0.20B
ECOM:LSE L&G Ecommerce Logistics U.. 0.00 % 0.00 %

+0.18 (+0%)

USD 0.20B
UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.00 %

+32.00 (+0%)

USD 1.03B
UC87:LSE UBS(Lux)Fund Solutions .. 0.00 % 0.00 %

+13.50 (+0%)

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

+0.52 (+0%)

USD 0.36B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

+0.23 (+0%)

USD 0.03B
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

+1.25 (+0%)

USD 0.36B
ETLH:F Legal & General UCITS ETF.. 0.00 % 0.00 %

+0.14 (+0%)

USD 0.20B
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

+2.36 (+0%)

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

+0.68 (+0%)

USD 1.02B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.60 (+0%)

USD 0.36B
ETLH:XETRA L&G Ecommerce Logistics U.. 0.00 % 0.00 %

+0.21 (+0%)

USD 0.20B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

+1.78 (+0%)

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

+0.38 (+0%)

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

+0.16 (+0%)

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

N/A

CAD 0.09B
FCCM:CA 0.00 % 0.00 %

N/A

N/A
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
XCLR:CA 0.00 % 0.00 %

N/A

N/A

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 0.92% 54% F 38% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.92% 54% F 33% F
Trailing 12 Months  
Capital Gain 68.35% 84% B 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 68.35% 84% B 94% A
Trailing 5 Years  
Capital Gain 280.51% 84% B 96% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 280.51% 84% B 95% A
Average Annual (5 Year Horizon)  
Capital Gain 56.64% 92% A 96% N/A
Dividend Return 56.64% 92% A 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 96.26% 16% F 8% B-
Risk Adjusted Return 58.84% 93% A 85% B
Market Capitalization 3.28B 95% 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 771.50 7% 1%
Price/Book Ratio 10.95 22% 7%
Price / Cash Flow Ratio 105.20 14% 2%
Price/Free Cash Flow Ratio -11,931.06 100% 100%
Management Effectiveness  
Return on Equity 1.53% 64% 31%
Return on Invested Capital 0.37% 61% 26%
Return on Assets 1.47% 69% 38%
Debt to Equity Ratio 10.10% 81% 88%

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.

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.