Lightspeed Commerce Inc
TSX:LSPD

Watchlist Manager
Lightspeed Commerce Inc Logo
Lightspeed Commerce Inc
TSX:LSPD
Watchlist
Price: 15.15 CAD 1.81% Market Closed
Market Cap: 2.3B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one LSPD stock under the Base Case scenario is 27.25 CAD. Compared to the current market price of 15.15 CAD, Lightspeed Commerce Inc is Undervalued by 44%.

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.

LSPD Relative Value
Base Case
27.25 CAD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
95
vs Industry
58
Median 3Y
3.1
Median 5Y
4.1
Industry
2.4
Forward
1.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-11
Median 5Y
-15.6
Industry
22.6
Forward
24.1
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-24.1
Median 5Y
-34.6
Industry
16.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-17.9
Median 5Y
-25.1
Industry
21.6
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
95
vs Industry
79
Median 3Y
0.9
Median 5Y
1.1
Industry
2.9
More Details
1
EV/S
EV/S
Enterprise Value to Sales
1
vs History
95
vs Industry
69
Median 3Y
2
Median 5Y
2.9
Industry
2.4
Forward
0.9
More Details
2.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.3
vs History
95
vs Industry
67
Median 3Y
4.4
Median 5Y
6.4
Industry
4.9
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-13.9
Median 5Y
-20.1
Industry
12.5
Forward
18.6
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-7
Median 5Y
-9.7
Industry
16
Forward
-10.5
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-15.8
Median 5Y
-25
Industry
15.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-13.8
Median 5Y
-19.8
Industry
18.8
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
95
vs Industry
80
Median 3Y
0.8
Median 5Y
1
Industry
2.4
More Details

Multiples Across Competitors

LSPD Competitors Multiples
Lightspeed Commerce Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Lightspeed Commerce Inc
TSX:LSPD
2.3B CAD 1.6 -13.4 -18.4 -6.3
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
310.6B EUR 8.8 54.2 29.3 33.5
US
Palantir Technologies Inc
NYSE:PLTR
303.8B USD 97.5 532.3 685.3 735.6
US
Salesforce Inc
NYSE:CRM
278.6B USD 7.4 45 24.5 35.6
US
Intuit Inc
NASDAQ:INTU
187.5B USD 10.9 61.7 39.3 47.1
US
Adobe Inc
NASDAQ:ADBE
181.4B USD 8.2 26.9 20.3 22.5
US
NCR Corp
LSE:0K45
144.4B USD 41.9 156.6 451.3 3 219.5
US
Applovin Corp
NASDAQ:APP
122.6B USD 23.9 63.9 44.8 52.6
US
Microstrategy Inc
NASDAQ:MSTR
98.3B USD 212 -84.2 -2 326.6 -1 670.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.8B USD 18 81.2 51.4 58.7
P/S Multiple
Revenue Growth P/S to Growth
CA
Lightspeed Commerce Inc
TSX:LSPD
Average P/S: 21 303.7
1.6
16%
0.1
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.8
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
97.5
34%
2.9
US
Salesforce Inc
NYSE:CRM
7.4
10%
0.7
US
Intuit Inc
NASDAQ:INTU
10.9
13%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.2
10%
0.8
US
N
NCR Corp
LSE:0K45
41.9
-8%
N/A
US
Applovin Corp
NASDAQ:APP
23.9
24%
1
US
Microstrategy Inc
NASDAQ:MSTR
212
3%
70.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
18
13%
1.4
P/E Multiple
Earnings Growth PEG
CA
Lightspeed Commerce Inc
TSX:LSPD
Average P/E: 127.7
Negative Multiple: -13.4 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
54.2
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
532.3
73%
7.3
US
Salesforce Inc
NYSE:CRM
45
32%
1.4
US
Intuit Inc
NASDAQ:INTU
61.7
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.9
26%
1
US
N
NCR Corp
LSE:0K45
156.6
-46%
N/A
US
Applovin Corp
NASDAQ:APP
63.9
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -84.2 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.2
33%
2.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Lightspeed Commerce Inc
TSX:LSPD
Average EV/EBITDA: 168.3
Negative Multiple: -18.4 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
29.3
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
685.3
105%
6.5
US
Salesforce Inc
NYSE:CRM
24.5
21%
1.2
US
Intuit Inc
NASDAQ:INTU
39.3
29%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.3
17%
1.2
US
N
NCR Corp
LSE:0K45
451.3
11%
41
US
Applovin Corp
NASDAQ:APP
44.8
38%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -2 326.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.4
25%
2.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Lightspeed Commerce Inc
TSX:LSPD
Average EV/EBIT: 525.6
Negative Multiple: -6.3 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
33.5
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
735.6
107%
6.9
US
Salesforce Inc
NYSE:CRM
35.6
32%
1.1
US
Intuit Inc
NASDAQ:INTU
47.1
35%
1.3
US
Adobe Inc
NASDAQ:ADBE
22.5
20%
1.1
US
N
NCR Corp
LSE:0K45
3 219.5
79%
40.8
US
Applovin Corp
NASDAQ:APP
52.6
38%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 670.2 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
58.7
28%
2.1

See Also

Summary
LSPD intrinsic value, competitors valuation, and company profile.
DCF Valuation
LSPD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
LSPD stock valuation using valuation multiples.
Wall Street Estimates
LSPD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
LSPD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 255,400+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.