Shopify Inc
NASDAQ:SHOP

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Shopify Inc
NASDAQ:SHOP
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Price: 135.8 USD -0.37%
Market Cap: $176.8B

Relative Value

The Relative Value of one SHOP stock under the Base Case scenario is hidden USD. Compared to the current market price of 135.8 USD, Shopify Inc is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SHOP Relative Value
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Worst Case
Base Case
Best Case

Multiples Across Competitors

SHOP Competitors Multiples
Shopify Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Shopify Inc
NASDAQ:SHOP
177B USD 16.5 99.3 126.6 129.7
US
Cloudflare Inc
NYSE:NET
74B USD 36.6 -714 -4 634.8 -378.6
US
Snowflake Inc.
NYSE:SNOW
72.7B USD 16.6 -53.8 -60.6 -51.4
US
Snowflake Inc
XETRA:5Q5
60.6B EUR 16.3 -52.8 -70 -59.3
US
MongoDB Inc
NASDAQ:MDB
33.4B USD 14.4 -471.4 -233.9 -199.7
ID
DCI Indonesia Tbk PT
IDX:DCII
523.9T IDR 199 447 372.7 372.7
US
Verisign Inc
NASDAQ:VRSN
23.4B USD 14.4 28.8 21.7 22.3
US
Twilio Inc
NYSE:TWLO
20.4B USD 4.1 301.5 61.2 171.5
US
Okta Inc
NASDAQ:OKTA
16.2B USD 5.7 82.9 62.9 112.4
US
Akamai Technologies Inc
NASDAQ:AKAM
14.9B USD 3.6 29.7 13.6 28.3
US
GoDaddy Inc
NYSE:GDDY
13.9B USD 2.9 16.8 13.9 15.5
P/S Multiple
Revenue Growth P/S to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average P/S: 30
16.5
26%
0.6
US
Cloudflare Inc
NYSE:NET
36.6
28%
1.3
US
Snowflake Inc.
NYSE:SNOW
16.6
26%
0.6
US
Snowflake Inc
XETRA:5Q5
16.3
26%
0.6
US
MongoDB Inc
NASDAQ:MDB
14.4
20%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
199
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
14.4
6%
2.4
US
Twilio Inc
NYSE:TWLO
4.1
10%
0.4
US
Okta Inc
NASDAQ:OKTA
5.7
11%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3.6
6%
0.6
US
GoDaddy Inc
NYSE:GDDY
2.9
8%
0.4
P/E Multiple
Earnings Growth PEG
CA
Shopify Inc
NASDAQ:SHOP
Average P/E: 143.7
99.3
16%
6.2
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -714 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -53.8 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -52.8 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -471.4 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
447
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
28.8
7%
4.1
US
Twilio Inc
NYSE:TWLO
301.5
N/A N/A
US
Okta Inc
NASDAQ:OKTA
82.9
197%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
29.7
33%
0.9
US
GoDaddy Inc
NYSE:GDDY
16.8
9%
1.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average EV/EBITDA: 96.1
126.6
47%
2.7
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 634.8 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -60.6 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -70 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -233.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
372.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.7
8%
2.7
US
Twilio Inc
NYSE:TWLO
61.2
104%
0.6
US
Okta Inc
NASDAQ:OKTA
62.9
246%
0.3
US
Akamai Technologies Inc
NASDAQ:AKAM
13.6
16%
0.8
US
GoDaddy Inc
NYSE:GDDY
13.9
23%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average EV/EBIT: 121.8
129.7
47%
2.8
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -378.6 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -51.4 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -59.3 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -199.7 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
372.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
22.3
6%
3.7
US
Twilio Inc
NYSE:TWLO
171.5
N/A N/A
US
Okta Inc
NASDAQ:OKTA
112.4
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
28.3
26%
1.1
US
GoDaddy Inc
NYSE:GDDY
15.5
19%
0.8