Shopify Inc - Ordinary Shares - Class A
SHOP
Market Cap$79.74B
Close$
Earnings Call Q4 2023
February 13, 2024 - AI Summary
Shopify had a phenomenal year in 2023, with strong growth across all key metrics. Revenue reached $7.1 billion, up 26% YoY, and Q4 revenue surpassed $2 billion for the first time.
Gross profit for the year grew 28%, with Q4 hitting $1 billion in gross profit. Free cash flow also increased sequentially each quarter throughout 2023, reaching $905 million for the year.
The company continues to attract more merchants of all sizes globally, with a 35% increase in merchants from outside North America launching and growing their businesses on Shopify compared to 2022.
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$14.42
75.5% downside
Current Fair Value
75.5% downsideOvervalued by 75.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $79.74 Billion |
|---|---|
| Enterprise Value | $75.48 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $0.1 |
| Beta | 2.57 |
| Outstanding Shares | 1,276,884,726 |
| Avg 30 Day Volume | 11,406,753 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 572.17 |
|---|---|
| PEG | -114.1 |
| Price to Sales | 11.75 |
| Price to Book Ratio | 9.8 |
| Enterprise Value to Revenue | 10.18 |
| Enterprise Value to EBIT | 762.43 |
| Enterprise Value to Net Income | -362 |
| Total Debt to Enterprise | 0.01 |
| Debt to Equity | 0.1 |
Revenue Sources
No data
ESG Score
No data
About Shopify Inc
CEO: Tobias Lutke