Shopify Current Valuation

SHOP -  USA Stock  

USD 1,425  17.83  1.27%

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. This fundamental analysis module provides a way for investors to measures Shopify's intrinsic value by examining all of its available economic and financial indicators and drivers, 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. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shopify Current Valuation 

 
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Shopify Current Valuation Analysis

Shopify's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
More About Current Valuation | All Equity Analysis

Current Shopify Current Valuation

    
  178.2 B  
Most of Shopify's fundamental indicators, such as Current Valuation, 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.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Compare to competition

In accordance with the recently published financial statements, Shopify has a Current Valuation of 178.2 B. This is much higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The current valuation for all United States stocks is significantly lower than that of the firm.

Shopify Current Valuation 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 Current Valuation 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 current valuation category among related companies.

Shopify Fundamentals

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 operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 7000 people.

Shopify Investors Sentiment

The influence of Shopify's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shopify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - SHOP

Shopify Investor Sentiment

Most of Macroaxis users are at this time bullish on Shopify. What is your outlook on investing in Shopify? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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Additionally, take a look at Shopify Piotroski F Score and Shopify Altman Z Score analysis. Note that the Shopify information on this page should be used as a complementary analysis to other Shopify's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Shopify price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.
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The market value of Shopify is measured differently than its book value, which is the value of Shopify that is recorded on the company's balance sheet. Investors also form their own opinion of Shopify's value that differs from its market value or its book value, called intrinsic value, which is Shopify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shopify's market value can be influenced by many factors that don't directly affect Shopify underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine Shopify value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.