Shopify Stock Fundamentals
| S2HO34 Stock | BRL 5.16 0.04 0.77% |
Shopify fundamentals help investors to digest information that contributes to Shopify's financial success or failures. It also enables traders to predict the movement of Shopify Stock. The fundamental analysis module provides a way to measure Shopify's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shopify stock.
Shopify |
Shopify Company Return On Equity Analysis
Shopify's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Shopify Return On Equity | -0.32 |
Most of Shopify's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shopify is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Shopify has a Return On Equity of -0.3198. This is 97.34% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all Brazil stocks is 3.16% higher than that of the company.
Shopify Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shopify's current stock value. Our valuation model uses many indicators to compare Shopify value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shopify competition to find correlations between indicators driving Shopify's intrinsic value. More Info.Shopify is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shopify by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shopify's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Shopify Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shopify's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shopify could also be used in its relative valuation, which is a method of valuing Shopify by comparing valuation metrics of similar companies.Shopify is currently under evaluation in return on equity category among its peers.
Shopify Fundamentals
| Return On Equity | -0.32 | |||
| Return On Asset | -0.0199 | |||
| Profit Margin | (0.61) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 170.04 B | |||
| Shares Outstanding | 152.65 B | |||
| Price To Earning | 127.54 X | |||
| Price To Book | 4.36 X | |||
| Price To Sales | 47.07 X | |||
| Revenue | 4.61 B | |||
| Gross Profit | 2.48 B | |||
| EBITDA | 3.21 B | |||
| Net Income | 2.91 B | |||
| Cash And Equivalents | 7.76 B | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 910.96 M | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 16.55 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | 504.43 M | |||
| Earnings Per Share | 0.01 X | |||
| Number Of Employees | 10 K | |||
| Beta | 1.97 | |||
| Market Capitalization | 320.56 B | |||
| Total Asset | 13.34 B | |||
| Net Asset | 13.34 B |
About Shopify Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shopify's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shopify using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shopify based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. SHOPIFY INC operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 7000 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Shopify Stock
When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Shopify Stock refer to our How to Trade Shopify Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.