SHOP:CA:TSX-Shopify Inc

COMMON STOCK | Software - Application |

Last Closing

CAD 499.15

Change

+17.53 (+3.64)%

Market Cap

CAD 54.21B

Volume

0.29M

Analyst Target

CAD 195.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, 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, ship orders, build customer relationships, 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-08-20 )

Largest Industry Peers for Software - Application

Symbol Name Price(Change) Market Cap
CSU:CA Constellation Software Inc

+8.45 (+0.67%)

CAD 26.90B
OTEX:CA Open Text Corporation

-0.18 (-0.35%)

CAD 13.90B
CDAY:CA Ceridian HCM Holding Inc

+2.25 (+3.22%)

CAD 9.96B
DSG:CA The Descartes Systems Group In..

-0.23 (-0.50%)

CAD 3.88B
LSPD:CA Lightspeed POS Inc

+0.07 (+0.17%)

CAD 3.54B
ENGH:CA Enghouse Systems Limited

-0.43 (-1.14%)

CAD 2.07B
KXS:CA Kinaxis Inc

-0.47 (-0.60%)

CAD 2.04B
REAL:CA Real Matters Inc

+0.26 (+2.71%)

CAD 0.82B
CMG:CA Computer Modelling Group Ltd

-0.07 (-1.06%)

CAD 0.52B
ABT:CA Absolute Software Corporation

-0.19 (-2.41%)

CAD 0.32B

ETFs Containing SHOP:CA

XIT:CA iShares S&P/TSX Cappe.. 25.34 % 0.61 %

+0.21 (+0.00%)

CAD 0.21B
FNG AdvisorShares New Tech an.. 7.77 % 0.82 %

+0.01 (+0.00%)

USD 0.01B
EBIZ Global X E-commerce ETF 7.01 % 0.00 %

N/A

USD 2.74M
ZFN:CA BMO SIA Focused North Ame.. 6.61 % 0.00 %

+0.09 (+0.00%)

CAD 0.07B
FDNI First Trust Dow Jones Int.. 6.01 % 0.00 %

+0.21 (+0.00%)

USD 5.47M
FPXI First Trust International.. 5.48 % 0.70 %

-0.09 (0.00%)

USD 0.02B
XCG:CA iShares Canadian Growth I.. 5.11 % 0.55 %

-0.06 (0.00%)

CAD 0.04B
CLOU Global X Cloud Computing .. 4.79 % 0.00 %

N/A

USD 0.41B
FCAN First Trust Canada AlphaD.. 4.45 % 0.80 %

N/A

USD 4.73M
DRMC:CA Desjardins RI Canada - Lo.. 2.74 % 0.29 %

+0.20 (+0.00%)

CAD 3.99M
XITK SPDR FactSet Innovative T.. 1.88 % 0.45 %

-0.34 (0.00%)

USD 0.07B
FDT First Trust Developed Mar.. 0.87 % 0.80 %

+0.06 (+0.00%)

USD 1.00B
XBUY Amplify International Onl.. 0.00 % 0.00 %

+0.25 (+0.00%)

USD 2.68M

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 164.39% 93% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 164.39% 93% A 99% A+
Trailing 12 Months  
Capital Gain 181.70% 100% A+ 100% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 181.70% 100% A+ 100% A+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 72.89% 100% A+ 98% A+
Dividend Return 72.89% 100% A+ 98% A+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 63.87% 14% F 10% F
Risk Adjusted Return 114.12% 86% B 93% A
Market Capitalization 54.21B 100% A+ 98% A+

Annual Financials (CAD)

Quarterly Financials (CAD)

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:
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.

Negative free cash flow

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