Shopify Inc. (SHOP)$103.00
Market Cap: 126.98 BCurrency: USD
Research Snapshot
Static fundamentals, valuation context, and investor signals for Shopify Inc. (SHOP).
TECHNOLOGY
SOFTWARE - APPLICATION
DCF ready
Valuation
62.5x
EV/FCF, 1.6% FCF yield
Quality
9.1%
ROIC, 17.4% FCF margin
Growth
31.6%
5Y sales (revenue) CAGR
Balance sheet
0.0x
Debt/equity, 6.0x current ratio
Superinvestors
2
Top: Polen Capital Management (5.2%)
Strengths to research
- Revenue compounded at 31.6% over five years.
- Free cash flow compounded at 39.3% over five years.
- Free cash flow margin is healthy at 17.4%.
- Debt/equity looks manageable at 0.0x.
Watchouts
- P/E is elevated at 109.6x.
- P/FCF is elevated at 63.3x.
Annual data: 10 periods
Quarterly data: 8 periods
Stock snapshot: May 25, 2026
Static dataset: May 25, 2026
Quality Scorecard
Build-time composite score for SHOP.
Grade C
59
/ 100
Peer Comparison
Target stock against 8 market-cap comparable peers.
Heat map: red worst to green best
| SHOP Target | Shopify Inc. | $127.0B | 109.6x | 62.5x | 9.1% | 31.6% | 17.4% | 48.1% | -1.0x | N/A |
| ADP | Automatic Data Processing Inc. | $123.4B | 22.6x | 24.3x | 65.9% | 7.1% | 24.0% | N/A | N/A | N/A |
| MSTR | MicroStrategy Inc. | $105.7B | -10.5x | -1478.6x | -7.4% | -0.1% | -15.8% | 68.7% | N/A | N/A |
| APP | Applovin Corp. | $102.1B | 49.4x | 26.0x | 59.0% | 30.4% | 72.5% | N/A | 0.2x | N/A |
| ADBE | Adobe Inc. | $162.4B | 14.7x | 16.6x | 40.0% | 13.1% | 41.4% | 89.3% | 0.1x | N/A |
| INTU | Intuit Inc. | $176.7B | 23.4x | 29.4x | 15.1% | 19.7% | 32.5% | N/A | 0.6x | N/A |
| UBER | Uber Technologies Inc. | $178.7B | 15.2x | 18.7x | 26.7% | 36.1% | 18.8% | N/A | 0.6x | N/A |
| CDNS | Cadence Design Systems | $84.7B | 92.0x | 51.5x | 20.3% | 14.6% | 30.0% | N/A | -1.7x | N/A |
| NOW | ServiceNow Inc. | $202.4B | 61.2x | 43.4x | 13.5% | 24.1% | 34.5% | 77.5% | -1.5x | N/A |
Financial Charts
No financial data available for SHOP (annual).
2 superinvestors own SHOP
Current quarter ownership and quarter-over-quarter share changes.
Superinvestor ownership
| Fund | Shares | Value | % Portfolio | QoQ Change |
|---|---|---|---|---|
| Polen Capital Management Polen Capital Management | 6,306,740 | $748M | 5.17% | 0.0% |
| Thomas Gayner Markel Group | 102,750 | $12M | 0.10% | 0.0% |