Shopify Inc trades with the ticker SHOP on the TSX and is in the Software – Application industry.
Overview
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Looking to invest in Shopify Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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SHOP.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $129554.612MM
PE Ratio: 776.692
Price: 74.97 (Updated: 3/12/2024 0:47:16)
Shopify Inc (SHOP) vs Competitors in Software – Application
Lets see how SHOP.TO stacks up against others in the Software – Application asset management industry. We have identified its main peers as:Ceridian HCM Holding Inc, Constellation Software Inc, Docebo Inc, The Descartes Systems Group Inc, Enghouse Systems Limited
.Software – Application Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Ceridian HCM Holding Inc (CDAY) | $14,708.378 | 2334.5 | 79.285 | N/A% |
| Constellation Software Inc (CSU) | $80,397.164 | 105.268 | 57.698 | 0.1% |
| Docebo Inc (DCBO) | $2,115.758 | 634.682 | 246.069 | N/A% |
| The Descartes Systems Group Inc (DSG) | $10,514.2 | 69.734 | 47.478 | N/A% |
| Enghouse Systems Limited (ENGH) | $1,917.404 | 26.489 | 12.355 | 2.5% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Software – Application
- Shopify Inc (SHOP) vs Ceridian HCM Holding Inc (CDAY)
- SHOP has higher EPS (0.13 vs 0.04). CDAY has a higher P/E ratio (2334.5 vs 776.692) indicating it’s more expensive.
- Shopify Inc (SHOP) vs Constellation Software Inc (CSU)
- CSU has higher EPS (36.04 vs 0.13). CSU provides dividends, while SHOP does not. SHOP has a higher P/E ratio (776.692 vs 105.268) indicating it’s more expensive.
- Shopify Inc (SHOP) vs Docebo Inc (DCBO)
- SHOP has higher EPS (0.13 vs 0.11). SHOP has a higher P/E ratio (776.692 vs 634.682) indicating it’s more expensive.
- Shopify Inc (SHOP) vs The Descartes Systems Group Inc (DSG)
- DSG has higher EPS (1.77 vs 0.13). SHOP has a higher P/E ratio (776.692 vs 69.734) indicating it’s more expensive.
- Shopify Inc (SHOP) vs Enghouse Systems Limited (ENGH)
- ENGH has higher EPS (1.31 vs 0.13). ENGH provides dividends, while SHOP does not. SHOP has a higher P/E ratio (776.692 vs 26.489) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-15838.89) than the industry average (-3127.75), indicating attractive valuation.
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