Shopify's second-quarter results were notably better than the firm’s outlook and FactSet consensus estimates. Revenue grew 34% year over year to USD 3.58 billion, while non-GAAP operating margin was 17.4%. Near-term guidance was better than expected on the top and bottom lines.
Shopify’s growth has been strong and is expected to remain so, with robust new merchant adds, increasing GMV, and high attach rates.
Shopify has traded at lofty valuations at times, and while it might continue to generate strong growth, the company may still fail to live up to optimistic assumptions embedded in the share price.
|
Metric
|
SHOP
|
ADBE
|
CRM
|
|---|---|---|---|
Price/Earnings (Normalized) | 80.53 | 10.66 | 14.71 |
Price/Book Value | 13.09 | 8.52 | 5.31 |
Price/Sales | 12.64 | 3.95 | 5.05 |
Price/Cash Flow | 66.44 | 9.92 | 14.51 |
|
Metric
|
SHOP
|
ADBE
|
CRM
|
|---|---|---|---|
Quick Ratio | 5.20 | 0.63 | 0.67 |
Current Ratio | 5.35 | 0.75 | 0.84 |
Interest Coverage | — | 34.90 | 13.24 |
|
Metric
|
SHOP
|
ADBE
|
CRM
|
|---|---|---|---|
Return on Assets (Normalized) | 16.77% | — | 14.29% |
Return on Equity (Normalized) | 19.45% | — | 29.43% |
Return on Invested Capital (Normalized) | 16.75% | — | 20.36% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
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Economic Moat
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United States