Shopify Financial Statements From 2010 to 2024
| S2HO34 Stock | BRL 5.68 0.17 2.91% |
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as , as well as many indicators such as . Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
Shopify |
Shopify Company Return On Equity Analysis
Shopify's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Shopify Return On Equity | -0.32 |
Most of Shopify's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shopify is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Shopify has a Return On Equity of -0.3198. This is 97.34% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all Brazil stocks is 3.16% higher than that of the company.
Shopify Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shopify's current stock value. Our valuation model uses many indicators to compare Shopify value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shopify competition to find correlations between indicators driving Shopify's intrinsic value. More Info.Shopify is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shopify by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shopify's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Shopify Financial Statements
Shopify stakeholders use historical fundamental indicators, such as Shopify's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shopify investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shopify's assets and liabilities are reflected in the revenues and expenses on Shopify's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shopify. Please read more on our technical analysis and fundamental analysis pages.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. SHOPIFY INC operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 7000 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Shopify Stock
When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:Check out the analysis of Shopify Correlation against competitors. For information on how to trade Shopify Stock refer to our How to Trade Shopify Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.