SHOP:TSX-Shopify Inc (CAD)

COMMON STOCK | Software-Application | TSX

Last Closing Price

CAD 39.10

Change

0.00 (0.00)%

Market Cap

CAD 48.57B

Volume

3.96M

Avg Analyst Target

CAD 60.82 (+55.55%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


SHOP Stock Forecast & Price:
Based on the Shopify Inc stock forecasts from 8 analysts, the average analyst target price for Shopify Inc is CAD 60.82 over the next 12 months. Shopify Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Shopify Inc is Neutral, which is based on 5 positive signals and 5 negative signals. At the last closing, Shopify Inc’s stock price was CAD 39.10. Shopify Inc’s stock price has changed by -7.26% over the past week, -9.45% over the past month and -78.61% over the last year.

About Shopify Inc (SHOP:CA:TSX)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through v ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-09-24 )

Largest Industry Peers for Software-Application

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CSU:CA Constellation Software Inc.

N/A

CAD40.58B 66.70 28.85
CDAY:CA Ceridian HCM Holding Inc

N/A

CAD11.44B 1,643.70 399.54
OTEX:CA Open Text Corp

N/A

CAD9.87B 19.22 11.66
DSG:CA Descartes Systems Group Inc

N/A

CAD7.17B 64.03 37.77
KXS:CA Kinaxis Inc

N/A

CAD3.63B 398.70 86.15
LSPD:CA Lightspeed Commerce Inc

N/A

CAD3.63B N/A -9.64
LWRK:CA LifeWorks Inc

N/A

CAD2.24B 87.22 18.59
ENGH:CA Enghouse Systems Ltd

N/A

CAD1.60B 18.49 9.39
DCBO:CA Docebo Inc

N/A

CAD1.15B -99,999.99 -294.92
MAGT:CA Magnet Forensics Inc

N/A

CAD0.88B 2,145.00 149.86

ETFs Containing SHOP:CA

Symbol Name Weight Mer Price(Change) Market Cap
HEX:CA Horizons Enhanced Income .. 0.00 % 0.85 %

N/A

CAD0.03B
MKC:CA Mackenzie Maximum Diversi.. 0.00 % 0.50 %

N/A

CAD0.48B
TTP:CA TD S&P/TSX Capped Composi.. 0.00 % 0.05 %

N/A

CAD1.34B
XFC:CA iShares Edge MSCI Multifa.. 0.00 % 0.48 %

N/A

CAD0.03B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

N/A

CAD0.37B
QCD:CA AGFiQ Enhanced Core Canad.. 0.00 % 0.45 %

N/A

CAD0.06B
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.85 %

N/A

CAD0.05B
ZFN:CA BMO SIA Focused North Ame.. 0.00 % 0.83 %

N/A

CAD0.17B
XBAL:CA iShares Core Balanced ETF.. 0.00 % 0.20 %

N/A

CAD0.83B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.20 %

N/A

CAD1.40B
NFAM:CA NBI Canadian Family Busin.. 0.00 % 0.40 %

N/A

CAD3.88M
DATA:CA Evolve Cloud Computing In.. 0.00 % 0.60 %

N/A

CAD0.02B
TMEC:CA TD Morningstar ESG Canada.. 0.00 % 0.09 %

N/A

CAD0.01B
DATA-B:CA Evolve Cloud Computing In.. 0.00 % 0.60 %

N/A

CAD0.02B

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 -77.55% 8% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -77.55% 8% F 1% F
Trailing 12 Months  
Capital Gain -78.61% 16% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -78.61% 16% F 2% F
Trailing 5 Years  
Capital Gain 176.05% 75% C 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 176.05% 75% C 93% A
Average Annual (5 Year Horizon)  
Capital Gain 82.55% 92% A- 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 82.55% 92% A- 97% A+
Risk Return Profile  
Volatility (Standard Deviation) 89.11% 36% F 9% F
Risk Adjusted Return 92.63% 92% A- 93% A
Market Capitalization 48.57B 100% A+ 96% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Application)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 202.74 25% F 3% F
Price/Book Ratio 4.51 42% F 12% F
Price / Cash Flow Ratio 96.29 8% F 1% F
EV/EBITDA -22.86 96% A 93% A
Management Effectiveness  
Return on Equity -20.19% 44% F 16% F
Return on Invested Capital 0.44% 60% D- 39% F
Return on Assets -1.18% 48% F 26% F
Debt to Equity Ratio 8.18% 73% C 85% B
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 2.15 77% C+ 60% D-
Short Percent 1.18% 35% F 43% F
Beta 1.82 14% F 13% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
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.

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.

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:
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 compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.