Shopify Stock Target Price
| 307 Stock | EUR 105.26 1.42 1.37% |
Shopify fundamentals help investors to digest information that contributes to Shopify's financial success or failures. It also enables traders to predict the movement of Shopify Stock. The fundamental analysis module provides a way to measure Shopify's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shopify stock.
Shopify |
Shopify Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shopify's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shopify could also be used in its relative valuation, which is a method of valuing Shopify by comparing valuation metrics of similar companies.Shopify is currently under evaluation in target price category among its peers.
Shopify Fundamentals
| Return On Equity | -0.36 | |||
| Return On Asset | -0.0247 | |||
| Profit Margin | (0.62) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 32.59 B | |||
| Shares Outstanding | 1.2 B | |||
| Shares Owned By Insiders | 0.20 % | |||
| Shares Owned By Institutions | 69.56 % | |||
| Price To Earning | 3.26 X | |||
| Price To Book | 4.39 X | |||
| Price To Sales | 8.08 X | |||
| Revenue | 5.6 B | |||
| Gross Profit | 2.75 B | |||
| EBITDA | (3.53 B) | |||
| Net Income | (3.46 B) | |||
| Cash And Equivalents | 6.95 B | |||
| Cash Per Share | 5.48 X | |||
| Total Debt | 913.31 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 11.17 X | |||
| Book Value Per Share | 6.46 X | |||
| Cash Flow From Operations | (136.45 M) | |||
| Earnings Per Share | (2.46) X | |||
| Price To Earnings To Growth | 26.57 X | |||
| Target Price | 1703.52 | |||
| Number Of Employees | 11.6 K | |||
| Beta | 1.97 | |||
| Market Capitalization | 50.45 B | |||
| Total Asset | 10.76 B | |||
| Z Score | 33.0 | |||
| Net Asset | 10.76 B |
About Shopify Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shopify's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shopify using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shopify based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Shopify Stock please use our How to Invest in Shopify guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.