Ratings Shopify Inc. Toronto S.E.

Equities

SHOP

CA82509L1076

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-31 pm EDT			5-day change	1st Jan Change
80.66 ^CAD	+0.71%		+3.58%	-21.81%

May. 27	ANALYST RECOMMENDATIONS : Boeing, Dell, Merck, RyanAir...
May. 24	TSX Brief: Leaves Index Down Over the Week (Even After Hitting All Time Record Highs on Tuesday; But Up More Than 2% For Month of May So Far	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
The company's profit outlook over the next few years is a strong asset.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Analyst opinion has improved significantly over the past four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 178.48 times its estimated earnings per share for the ongoing year.
The company's "enterprise value to sales" ratio is among the highest in the world.
The company appears highly valued given the size of its balance sheet.
The valuation of the company is particularly high given the cash flows generated by its activity.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Sector: Internet Services

	1st Jan change	Capi.	ESG Refinitiv
SHOPIFY INC.	-21.81%	76.22B	-
PDD HOLDINGS INC.	+2.35%	208B	C
ALIBABA GROUP HOLDING LIMITED	+1.07%	189B	C-
MERCADOLIBRE, INC.	+9.80%	87.48B	B
MEITUAN INC.	+28.33%	83.28B	B
EBAY INC.	+24.35%	27.47B	B-
RAKUTEN GROUP, INC.	+29.94%	11.13B	B+
VIPSHOP HOLDINGS LIMITED	-9.46%	8.72B	B-
GLOBAL-E ONLINE LTD.	-21.22%	5.21B	-
USS CO., LTD.	-13.65%	3.74B	C-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes