SHOP:CA:TSX-Shopify Inc (CAD)

COMMON STOCK | Software—Application | TSX

Last Closing Price

CAD 1,372.88

Change

-3.61 (-0.26)%

Market Cap

CAD 163.91B

Volume

0.09M

Average Target Price

CAD 765.14 (-44.27%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables 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. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-08 )

Largest Industry Peers for Software—Application

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

+56.18 (+3.58%)

CAD34.48B 58.27 35.25
CDAY:CA Ceridian HCM Holding Inc

+1.69 (+1.49%)

CAD16.41B 165.38 103.76
OTEX:CA Open Text Corporation

+0.16 (+0.27%)

CAD15.83B 41.68 19.00
DSG:CA The Descartes Systems Group In..

-1.11 (-1.47%)

CAD6.28B 110.39 51.48
KXS:CA Kinaxis Inc

+0.82 (+0.40%)

CAD5.51B 183.45 118.05
ENGH:CA Enghouse Systems Limited

N/A

CAD4.21B 51.82 28.23
LSPD:CA Lightspeed POS Inc

+1.18 (+3.29%)

CAD3.31B N/A N/A
REAL:CA Real Matters Inc

+1.20 (+4.49%)

CAD2.36B 51.47 41.70
DCBO:CA Docebo Inc

-0.11 (-0.27%)

CAD1.13B N/A N/A
ABT:CA Absolute Software Corporation

-0.08 (-0.55%)

CAD0.61B 43.28 28.14

ETFs Containing SHOP:CA

Symbol Name Weight Mer Price(Change) Market Cap
XIT:CA iShares S&P/TSX Cappe.. 23.13 % 0.55 %

+0.36 (+0.89%)

CAD0.34B
XCG:CA iShares Canadian Growth I.. 11.34 % 0.50 %

+0.11 (+0.30%)

CAD0.04B
DRMC:CA Desjardins RI Canada - Lo.. 8.70 % 0.25 %

-0.15 (-0.78%)

CAD0.01B
VCE:CA Vanguard FTSE Canada Inde.. 6.64 % 0.05 %

+0.01 (+0.03%)

CAD0.64B
XIU:CA iShares S&P/TSX 60 Index .. 6.56 % 0.15 %

+0.05 (+0.21%)

CAD8.28B
ZFN:CA BMO SIA Focused North Ame.. 6.50 % 0.80 %

+0.15 (+0.48%)

CAD0.22B
QCE:CA Mackenzie Canadian Large .. 6.34 % 0.06 %

-0.09 (-0.09%)

CAD0.07B
XESG:CA iShares ESG MSCI Canada I.. 5.53 % 0.23 %

-0.01 (-0.05%)

CAD0.03B
VCN:CA Vanguard FTSE Canada All .. 5.34 % 0.05 %

+0.06 (+0.19%)

CAD2.30B
XIC:CA iShares Core S&P/TSX Capp.. 5.25 % 0.05 %

+0.05 (+0.20%)

CAD6.08B
FLCD:CA Franklin FTSE Canada All .. 5.21 % 0.05 %

N/A

CAD0.29B
ZCN:CA BMO S&P/TSX Capped Co.. 5.20 % 0.05 %

+0.01 (+0.05%)

CAD3.61B
QCN:CA Mackenzie Canadian Equity.. 5.06 % 0.06 %

-0.30 (-0.32%)

CAD0.05B
QCD:CA AGFiQ Canadian Equity ETF 4.75 % 0.45 %

-0.02 (-0.08%)

CAD0.08B
RCE:CA RBC Quant Canadian Equity.. 4.70 % 0.39 %

N/A

CAD0.01B
MKC:CA Mackenzie Maximum Diversi.. 4.52 % 0.59 %

-0.08 (-0.34%)

CAD0.34B
NFAM:CA NBI Canadian Family Busin.. 4.33 % 0.40 %

N/A

CAD0.02B
MCLC:CA Manulife Multifactor Cana.. 3.73 % 0.45 %

N/A

CAD0.05B
HEW:CA Horizons S&P/TSX 60 Equal.. 2.25 % 0.60 %

N/A

CAD6.58M
PZC:CA Invesco FTSE RAFI Canadia.. 2.14 % 0.60 %

N/A

CAD6.49M
XGRO:CA iShares Core Growth ETF P.. 1.00 % 0.20 %

N/A

CAD0.36B
XBAL:CA iShares Core Balanced ETF.. 0.75 % 0.20 %

N/A

CAD0.31B

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 165.91% 94% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 165.91% 94% A 99% A+
Trailing 12 Months  
Capital Gain 224.76% 89% B+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 224.76% 89% B+ 98% A+
Trailing 5 Years  
Capital Gain 3,585.58% 93% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 3,585.58% 93% A 100% A+
Average Annual (5 Year Horizon)  
Capital Gain 107.52% 100% A+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 107.52% 100% A+ 98% A+
Risk Return Profile  
Volatility (Standard Deviation) 59.71% 24% F 10% F
Risk Adjusted Return 180.08% 88% B+ 95% A
Market Capitalization 163.91B 100% A+ 100% A+
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%

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 N/A N/A N/A N/A N/A
Price/Book Ratio 40.37 6% F 1% F
Price / Cash Flow Ratio 2,321.21 8% F 0% N/A
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -5.11% 44% F 37% F
Return on Invested Capital -6.66% 47% F 17% F
Return on Assets -3.60% 47% F 24% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 3.09 37% F 27% F
Short Percent 1.39% 20% F 89% B+
Beta 1.61 33% F 21% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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 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 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.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector