Shopify Inc
NYSE:SHOP

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Shopify Inc
NYSE:SHOP
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Price: 140.83 USD 1.37%
Market Cap: $183.3B

Relative Value

The Relative Value of one SHOP stock under the Base Case scenario is hidden USD. Compared to the current market price of 140.83 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
NYSE:SHOP
186B USD 17.1 102.9 131.3 134.5
US
Snowflake Inc.
NYSE:SNOW
68B USD 15.6 -50.8 -57.1 -48.4
US
Snowflake Inc
XETRA:5Q5
62B EUR 15.4 -50.1 -66.2 -56.2
US
Cloudflare Inc
NYSE:NET
62.7B USD 31.3 -611.3 -3 948.5 -322.6
US
MongoDB Inc
NASDAQ:MDB
30.9B USD 12.9 -421.6 -207.4 -177.1
ID
DCI Indonesia Tbk PT
IDX:DCII
488.6T IDR 185.6 416.9 347.6 347.6
US
Verisign Inc
NASDAQ:VRSN
23B USD 14.1 28.3 21.3 21.9
US
Twilio Inc
NYSE:TWLO
20.7B USD 3.9 281 56.7 159
US
Okta Inc
NASDAQ:OKTA
15.4B USD 5.3 77.8 58.3 104.2
US
Akamai Technologies Inc
NASDAQ:AKAM
14.3B USD 3.5 28.2 13 27.1
US
GoDaddy Inc
NYSE:GDDY
14B USD 2.8 16.3 13.6 15.1
P/S Multiple
Revenue Growth P/S to Growth
CA
Shopify Inc
NYSE:SHOP
Average P/S: 28
17.1
26%
0.7
US
Snowflake Inc.
NYSE:SNOW
15.6
26%
0.6
US
Snowflake Inc
XETRA:5Q5
15.4
26%
0.6
US
Cloudflare Inc
NYSE:NET
31.3
28%
1.1
US
MongoDB Inc
NASDAQ:MDB
12.9
20%
0.6
ID
DCI Indonesia Tbk PT
IDX:DCII
185.6
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
14.1
6%
2.4
US
Twilio Inc
NYSE:TWLO
3.9
10%
0.4
US
Okta Inc
NASDAQ:OKTA
5.3
11%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3.5
6%
0.6
US
GoDaddy Inc
NYSE:GDDY
2.8
8%
0.3
P/E Multiple
Earnings Growth PEG
CA
Shopify Inc
NYSE:SHOP
Average P/E: 135.9
102.9
16%
6.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -50.8 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -50.1 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -611.3 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -421.6 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
416.9
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
28.3
7%
4
US
Twilio Inc
NYSE:TWLO
281
N/A N/A
US
Okta Inc
NASDAQ:OKTA
77.8
197%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
28.2
33%
0.9
US
GoDaddy Inc
NYSE:GDDY
16.3
9%
1.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Shopify Inc
NYSE:SHOP
Average EV/EBITDA: 91.7
131.3
47%
2.8
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -57.1 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -66.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -3 948.5 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -207.4 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
347.6
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.3
8%
2.7
US
Twilio Inc
NYSE:TWLO
56.7
104%
0.5
US
Okta Inc
NASDAQ:OKTA
58.3
246%
0.2
US
Akamai Technologies Inc
NASDAQ:AKAM
13
16%
0.8
US
GoDaddy Inc
NYSE:GDDY
13.6
23%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Shopify Inc
NYSE:SHOP
Average EV/EBIT: 115.6
134.5
47%
2.9
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -48.4 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -56.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -322.6 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -177.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
347.6
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.9
6%
3.7
US
Twilio Inc
NYSE:TWLO
159
N/A N/A
US
Okta Inc
NASDAQ:OKTA
104.2
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
27.1
26%
1
US
GoDaddy Inc
NYSE:GDDY
15.1
19%
0.8