Bringing the fundamentals into focus…
Back to Shopify Inc.
How Shopify Inc. stacks up
SHOP · against 38 other Technology companies of similar size
Valuation
26/ 100
Near the bottom of its peers.
Ranked #34 of 39 · scores higher than 13% of peers
Bars: peers in each 10-point band of the valuation score4 peers with a valuation score of 20–29, including SHOP · Click a bar to see the companies
Why valuation scores 26?
Weighted metrics compared with all Technology companies.Mainly because of its EBITDA yield, earnings yield and free cash flow yield, which are weaker than most Technology peers.
- less operating profit (EBITDA) for the company's total value: weaker than 74% of peers. EBITDA yield: 1.3% vs peer median 4.2%
- lower earnings for the price paid: weaker than 65% of peers. Earnings yield: 1.0% vs peer median 2.2%
- less free cash flow for the price paid: weaker than 64% of peers. Free cash flow yield: 1.3% vs peer median 2.7%
Metric by metric
Position: dot = SHOP, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.| Metric | SHOP | Peer median | Better than | Position among peers | Weight |
|---|---|---|---|---|---|
| Earnings yieldHigher is better · 40 reported | 1.0% | 2.4% | 15% | 30% | |
| EBITDA yieldHigher is better · 39 reported | 1.3% | 3.5% | 13% | 50% | |
| Free cash flow yieldHigher is better · 35 reported | 1.3% | 2.2% | 21% | 20% | |
| Book yieldHigher is better · 38 reported | 6.9% | 9.5% | 35% | Context only |
Ranking by valuation score
Top 5 and the companies ranked around SHOP| Rank | Company | Market cap | Valuation | Overall |
|---|---|---|---|---|
| 1 | 95.8B USD | 89 | 67 | |
| 2 | 3.46T TWD (≈$107.1B) | 81 | 58 | |
| 2 | 155.8B USD | 81 | 63 | |
| 2 | 164.9B USD | 81 | 89 | |
| 5 | 9.04T INR (≈$108.5B) | 77 | 74 | |
| 30 | 25.82T JPY (≈$175.6B) | 33 | 73 | |
| 31 | 5.87T TWD (≈$182.0B) | 31 | 46 | |
| 31 | 154.6B USD | 31 | 58 | |
| 33 | 214.3B USD | 29 | 62 | |
| 34 | 185.0B USD | 26 | 66 | |
| 35 | 216.3B USD | 20 | 64 | |
| 35 | 286.5B USD | 20 | 39 | |
| 37 | 104.1B USD | 17 | 30 | |
| 38 | 250.5B USD | 16 | 43 |
Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score