SHOP:TSX-Shopify Inc (CAD)

COMMON STOCK | Software-Application | TSX

Last Closing Price

CAD 416.20

Change

-50.10 (-10.74)%

Market Cap

CAD 58.82B

Volume

0.47M

Avg Analyst Target

CAD 1,087.94 (+161.40%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Shopify Inc (SHOP) Stock Analysis:
Based on the Shopify Inc stock forecasts from 9 analysts, the average analyst target price for Shopify Inc is CAD 1,087.94 over the next 12 months. Shopify Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Shopify Inc is Slightly Bullish , which is based on 7 positive signals and 5 negative signals. At the last closing, Shopify Inc’s stock price was CAD 416.20. Shopify Inc’s stock price has changed by -12.84% over the past week, -28.86% over the past month and -71.76% over the last year.

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, 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: 2022-05-24 )

Largest Industry Peers for Software-Application

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

-39.84 (-2.01%)

CAD42.00B 78.39 30.94
OTEX:CA Open Text Corporation

-1.76 (-3.47%)

CAD13.74B 22.53 13.76
CDAY:CA Ceridian HCM Holding Inc

-3.73 (-5.14%)

CAD11.09B 1,643.70 703.76
DSG:CA The Descartes Systems Group In..

-2.12 (-2.71%)

CAD6.62B 60.80 37.14
LSPD:CA Lightspeed POS Inc

-1.96 (-6.64%)

CAD4.39B N/A N/A
KXS:CA Kinaxis Inc

-14.35 (-9.83%)

CAD4.03B 241.72 82.62
ENGH:CA Enghouse Systems Limited

-1.26 (-3.71%)

CAD1.89B 20.19 10.27
DCBO:CA Docebo Inc

-3.17 (-7.02%)

CAD1.49B -99,999.99 N/A
LWRK:CA LifeWorks Inc

-0.36 (-2.21%)

CAD1.13B 97.61 10.92
MAGT:CA Magnet Forensics Inc

+0.02 (+0.12%)

CAD0.69B 150.44 63.03

ETFs Containing SHOP:CA

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

N/A

CAD0.02B
MKC:CA Mackenzie Maximum Diversi.. 0.00 % 0.50 %

+0.36 (+1.31%)

CAD0.53B
TTP:CA TD Canadian Equity Index .. 0.00 % 0.05 %

+0.16 (+0.69%)

CAD1.72B
XFC:CA iShares MSCI Multifactor .. 0.00 % 0.48 %

+0.11 (+0.42%)

CAD0.04B
XIT:CA iShares S&P/TSX Capped In.. 0.00 % 0.61 %

-1.38 (-4.14%)

CAD0.45B
QCD:CA AGFiQ Canadian Equity ETF 0.00 % 0.45 %

+0.16 (+0.49%)

CAD0.07B
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.85 %

N/A

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

+0.23 (+0.55%)

CAD0.14B
XBAL:CA iShares Core Balanced ETF.. 0.00 % 0.20 %

+0.10 (+0.41%)

CAD0.88B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.20 %

+0.11 (+0.48%)

CAD1.32B
NFAM:CA NBI Canadian Family ETF 0.00 % 0.40 %

N/A

CAD3.95M
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.17 %

+0.29 (+1.22%)

N/A
DATA:CA Evolve Cloud Computing In.. 0.00 % 0.60 %

+0.08 (+0.53%)

CAD0.03B
TMEC:CA TD Morningstar ESG Canada.. 0.00 % 0.09 %

+0.22 (+1.27%)

N/A
DATA-B:CA Evolve Cloud Computing In.. 0.00 % 0.60 %

N/A

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 -76.10% 11% F N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return -76.10% 11% F N/A N/A
Trailing 12 Months  
Capital Gain -72.19% 23% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -72.19% 23% F 2% F
Trailing 5 Years  
Capital Gain 242.07% 82% B- 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 242.07% 82% B- 95% A
Average Annual (5 Year Horizon)  
Capital Gain 94.33% 88% B+ 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 94.33% 88% B+ 96% A
Risk Return Profile  
Volatility (Standard Deviation) 75.72% 38% F 10% F
Risk Adjusted Return 124.57% 92% A- 97% A+
Market Capitalization 58.82B 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 251.24 10% F 2% F
Price/Book Ratio 4.66 39% F 12% F
Price / Cash Flow Ratio 116.61 7% F 1% F
EV/EBITDA 273.76 10% F 2% F
Management Effectiveness  
Return on Equity 1.92% 64% D 34% F
Return on Invested Capital 0.44% 61% D- 39% F
Return on Assets 0.51% 61% D- 30% F
Debt to Equity Ratio 8.18% 75% C 84% B
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 2.00 75% C 47% F
Short Percent 9.33% 4% F 39% F
Beta 1.80 21% F 14% 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.

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.

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:
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.

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.