Shopify Inc
NASDAQ:SHOP

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Shopify Inc
NASDAQ:SHOP
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Price: 117.05 USD -7.25% Market Closed
Market Cap: $152.4B

Relative Value

The Relative Value of one SHOP stock under the Base Case scenario is hidden USD. Compared to the current market price of 117.05 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
152.3B USD 13 122 95.5 97.5
US
Cloudflare Inc
NYSE:NET
56.4B USD 26 -551.3 -4 782.4 -269.8
US
Snowflake Inc
XETRA:5Q5
46B EUR 12.4 -40.2 -45 -38.2
US
Snowflake Inc.
NYSE:SNOW
53.5B USD 12.2 -39.8 -45.1 -38.2
ID
DCI Indonesia Tbk PT
IDX:DCII
514.4T IDR 195.4 438.9 365.9 365.9
US
MongoDB Inc
NASDAQ:MDB
24.2B USD 10.4 -341.5 -164.8 -140.7
US
Verisign Inc
NASDAQ:VRSN
19.3B USD 11.7 23.4 17.8 18.3
US
Twilio Inc
NYSE:TWLO
16.3B USD 3.2 478.1 42 95
US
Akamai Technologies Inc
NASDAQ:AKAM
14.1B USD 3.3 31 12.7 27.1
US
Okta Inc
NASDAQ:OKTA
12.3B USD 4.3 62.3 44.5 79.5
US
GoDaddy Inc
NYSE:GDDY
11.9B USD 2.4 14.3 12.2 13.6
P/S Multiple
Revenue Growth P/S to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average P/S: 26.8
13
25%
0.5
US
Cloudflare Inc
NYSE:NET
26
28%
0.9
US
Snowflake Inc
XETRA:5Q5
12.4
26%
0.5
US
Snowflake Inc.
NYSE:SNOW
12.2
26%
0.5
ID
DCI Indonesia Tbk PT
IDX:DCII
195.4
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
10.4
20%
0.5
US
Verisign Inc
NASDAQ:VRSN
11.7
6%
1.9
US
Twilio Inc
NYSE:TWLO
3.2
10%
0.3
US
Akamai Technologies Inc
NASDAQ:AKAM
3.3
7%
0.5
US
Okta Inc
NASDAQ:OKTA
4.3
11%
0.4
US
GoDaddy Inc
NYSE:GDDY
2.4
8%
0.3
P/E Multiple
Earnings Growth PEG
CA
Shopify Inc
NASDAQ:SHOP
Average P/E: 167.2
122
44%
2.8
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -551.3 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -40.2 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -39.8 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
438.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -341.5 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
23.4
8%
2.9
US
Twilio Inc
NYSE:TWLO
478.1
219%
2.2
US
Akamai Technologies Inc
NASDAQ:AKAM
31
41%
0.8
US
Okta Inc
NASDAQ:OKTA
62.3
197%
0.3
US
GoDaddy Inc
NYSE:GDDY
14.3
11%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average EV/EBITDA: 84.4
95.5
50%
1.9
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 782.4 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -45 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -45.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
365.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -164.8 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
17.8
N/A N/A
US
Twilio Inc
NYSE:TWLO
42
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
12.7
23%
0.6
US
Okta Inc
NASDAQ:OKTA
44.5
246%
0.2
US
GoDaddy Inc
NYSE:GDDY
12.2
23%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Shopify Inc
NASDAQ:SHOP
Average EV/EBIT: 99.6
97.5
46%
2.1
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -269.8 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -38.2 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -38.2 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
365.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -140.7 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
18.3
6%
3.1
US
Twilio Inc
NYSE:TWLO
95
104%
0.9
US
Akamai Technologies Inc
NASDAQ:AKAM
27.1
31%
0.9
US
Okta Inc
NASDAQ:OKTA
79.5
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
13.6
19%
0.7