Shopify Stock Analysis
| SHOP Stock | CAD 161.84 3.57 2.26% |
Shopify is undervalued with Real Value of 169.81 and Hype Value of 161.07. The main objective of Shopify stock analysis is to determine its intrinsic value, which is an estimate of what Shopify is worth, separate from its market price. There are two main types of Shopify's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Shopify's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Shopify's stock to identify patterns and trends that may indicate its future price movements.
The Shopify stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Shopify is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Shopify Stock trading window is adjusted to America/Toronto timezone.
Shopify |
Shopify Stock Analysis Notes
About 71.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.12. Shopify had not issued any dividends in recent years. The entity had 10:1 split on the 29th of June 2022. Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. SHOPIFY INC operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. It employs 10000 people. To find out more about Shopify contact Tobias Lutke at 613-241-2828 or learn more at https://www.shopify.com.Shopify Quarterly Total Revenue |
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Shopify Investment Alerts
| Shopify appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Analyst Downgrade Hits Shopify Amid Valuation Concerns - Yahoo Finance |
Shopify Largest EPS Surprises
Earnings surprises can significantly impact Shopify's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-10-29 | 2019-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2019-08-01 | 2019-06-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2019-02-12 | 2018-12-31 | 0.02 | 0.03 | 0.01 | 50 |
Shopify Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 196.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shopify's market, we take the total number of its shares issued and multiply it by Shopify's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Shopify Profitablity
Shopify's profitability indicators refer to fundamental financial ratios that showcase Shopify's ability to generate income relative to its revenue or operating costs. If, let's say, Shopify is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Shopify's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Shopify's profitability requires more research than a typical breakdown of Shopify's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.01 | 0.02 |
Management Efficiency
Shopify has return on total asset (ROA) of 0.0563 % which means that it generated a profit of $0.0563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1531 %, meaning that it generated $0.1531 on every $100 dollars invested by stockholders. Shopify's management efficiency ratios could be used to measure how well Shopify manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.03. At this time, Shopify's Debt To Assets are very stable compared to the past year. As of the 1st of December 2024, Fixed Asset Turnover is likely to grow to 50.43, while Total Current Assets are likely to drop about 3.4 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.07 | 7.43 | |
| Tangible Book Value Per Share | 6.72 | 7.05 | |
| Enterprise Value Over EBITDA | -12.4 K | -11.8 K | |
| Price Book Value Ratio | 11.01 | 15.57 | |
| Enterprise Value Multiple | -12.4 K | -11.8 K | |
| Price Fair Value | 11.01 | 15.57 | |
| Enterprise Value | 99.6 B | 51.9 B |
Leadership effectiveness at Shopify is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.1384 | Profit Margin 0.164 | Beta 2.365 | Return On Assets 0.0563 | Return On Equity 0.1531 |
Technical Drivers
As of the 1st of December, Shopify has the Coefficient Of Variation of 407.66, semi deviation of 1.36, and Risk Adjusted Performance of 0.1952. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shopify, as well as the relationship between them.Shopify Price Movement Analysis
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Shopify Outstanding Bonds
Shopify issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shopify uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shopify bonds can be classified according to their maturity, which is the date when Shopify has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Shopify Predictive Daily Indicators
Shopify intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shopify stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Shopify Forecast Models
Shopify's time-series forecasting models are one of many Shopify's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shopify's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Shopify Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Shopify prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Shopify shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Shopify. By using and applying Shopify Stock analysis, traders can create a robust methodology for identifying Shopify entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.03 | 0.03 | |
| Operating Profit Margin | 0.04 | 0.04 | |
| Net Profit Margin | 0.02 | 0.02 | |
| Gross Profit Margin | 0.50 | 0.64 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Shopify to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map 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. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.