Shopify: Top 10 Undervalued Software Industry Stocks on TSE (SHOP)
Shopify is now ranked among the top 10 undervalued stocks in the Software industry on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Software: Companies that provide computer-system design, network and systems operations, repair services, technical support, computer technology consulting, development, and implementation services. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| SHOP-T | Shopify | 42.16 | 71.03 | 28.87 (68.48) | 4,130,851 | 53,206.398 | 0 | 0 |
| OTEX-T | Open Text | 37.91 | 44.49 | 6.58 (17.35) | 870,395 | 10,308.1 | 3.1 | 19.7 |
| CDAY-T | Ceridian HCM Holding | 78.15 | 81.77 | 3.62 (4.63) | 7,925 | 11,937.6 | 0 | 0 |
| LSPD-T | Lightspeed Commerce | 24.3 | 66.14 | 41.84 (172.16) | 1,105,730 | 3,620.1 | 0 | 0 |
| NVEI-T | Nuvei | 41.82 | 50.36 | 8.54 (20.42) | 278,019 | 6,059.1 | 0 | 62.3 |
| KXS-T | Kinaxis | 136.01 | 135.58 | -0.43 (-0.32) | 50,303 | 3,753 | 0 | 397.4 |
| GIB-A-T | CGI | 103.95 | 113.73 | 9.78 (9.41) | 351,912 | 25,031.4 | 0 | 17.6 |
| BB-T | BlackBerry | 7.6 | 7.27 | -0.33 (-4.34) | 1,090,505 | 4,846.6 | 0 | 0 |
| DSG-T | Descartes Systems Gr | 87.47 | 88.42 | 0.95 (1.09) | 131,725 | 7,552 | 0 | 63.3 |
| CSU-T | Constellation Software | 1,939.42 | 2,152.64 | 213.22 (10.99) | 33,760 | 41,099.301 | 0.3 | 68.6 |
More about Shopify
All data provided as-at market close September 15, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Shopify Shopify Inc provides cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The company's platform provides merchants with a single view of their business and customers across all of their sales channels. Shopify is listed under SHOP on the Toronto Stock Exchange.
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