Shopify Stock Net Income
S2HO34 Stock | BRL 5.39 0.23 4.46% |
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 Net Income Analysis
Shopify's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Shopify Net Income | 2.91 B |
Most of Shopify's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Based on the recorded statements, Shopify reported net income of 2.91 B. This is much higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The net income for all Brazil stocks is significantly lower than that of the firm.
Shopify Net Income 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 Net Income 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 net income 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.
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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.