TSX/SHOP (TSX/SHOP)

Toronto Stock Exchange: TSX/SHOP · CAD

CA$234

+1.40 (+0.6%)· Recorded snapshot

Market cap	301.4B
Revenue (ttm)	18.8B
Net income (ttm)	2.7B
EPS (ttm)	CA$2.08
P/E (trailing)	112.7x
P/E (forward)	78.7x
Volume	555,335
Beta	2.63

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 18.8B
Net income (ttm): 2.7B
EPS (ttm): CA$2.08
P/E (trailing): 112.7x
P/E (forward): 78.7x
Market cap: 301.4B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E78.7

P25 14.6P50 20.7P75 38.1

Trailing P/E112.7

P25 14.9P50 27.9P75 62.3

ROE15.5

P25 -68P50 1.7P75 24.9

ROIC26.2

P25 -34.8P50 0.5P75 21

Benchmarks · 1M

All TSX/SHOP indicators

Market & fundamental data

Available fields

241

Groups with data

Currency

USD

Showing 241 of 241 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-03
Employees	7,600
Employees change	-500
Employees growth	-6.17%
Enterprise value	CAD 294B
Exchange	Toronto Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2004
Industry	Software - Application
Is primary listing	No
ISIN number	CA82509L1076
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split date	2022-06-29
Last stock split type	Forward
Market cap	CAD 301.4B
Next earnings date	2026-11-03
Price	CAD 234.33
Price currency	CAD
Sector	Technology
SIC code	7370
Stock price date	2026-10-28
Symbol	tsx/SHOP
Website	https://www.shopify.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (3Y)	158.12x
Average P/E ratio (5Y)	165.97x
Earnings yield	0.89%
EV/Earnings	106.72x
EV/EBIT	89.29x
EV/EBITDA	86.85x
EV/FCF	87.49x
EV/Sales	15.68x
FCF / EV yield	1.14%
FCF yield	1.11%
Forward P/E	78.69x
Graham number	25.89489
Graham upside	-88.88%
Industry forward P/E	20.85x
Industry P/E	62.64x
Lynch fair value	CAD 10.64
Lynch upside	-95.43%
P/(FCF - SBC) ratio	112.83x
P/(OCF - SBC) ratio	111.35x
P/B ratio	16.64x
P/E ratio	112.7x
P/FCF ratio	89.71x
P/OCF ratio	88.77x
P/S ratio	15.9x
Price / tangible book value	17.34x
Price/EBITDA ratio	88.1x
Sector forward P/E	18.09x
Sector P/E	43.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	17.83%
EBITDA margin	18.05%
Effective tax rate	17.64%
FCF margin	17.94%
Gross margin	47.77%
Operating margin	17.83%
Pretax margin	17.64%
Profit margin	14.53%
Profit per employee	CAD 360,257
Profitable quarters	1
Profitable years	3
Revenue per employee	CAD 2.5M
ROA	10.19%
ROA (5Y)	3.12%
ROCE	18.19%
ROE	15.54%
ROE (5Y)	5.69%
ROIC	26.24%
ROIC (5Y)	9.06%
SBC / revenue	3.63%
Tax / revenue	3.11%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-17.05%
EPS growth (Q)	68.07%
EPS growth 5Y	-5.31%
EPS growth quarters	2
EPS growth years	0
FCF growth	29.44%
FCF growth (Q)	54.98%
FCF growth (QoQ)	37.39%
FCF growth 3Y	165.98%
FCF growth 5Y	35.92%
Gross profit growth	28.27%
Gross profit growth (Q)	31.18%
Gross profit growth 3Y	28.14%
Gross profit growth 5Y	24.85%
Net income growth	-17.78%
Net income growth (Q)	65.78%
Net income growth 5Y	-4.7%
Net income growth quarters	2
Net income growth years	0
OCF growth	29.68%
OCF growth (Q)	53.74%
OCF growth (QoQ)	36.8%
OCF growth 10Y	70.73%
OCF growth 3Y	135.5%
OCF growth 5Y	34.66%
Operating income growth	53.54%
Operating income growth (Q)	65.09%
Operating income growth 5Y	37.9%
Revenue growth	32.5%
Revenue growth (Q)	33.69%
Revenue growth (QoQ)	13.03%
Revenue growth 10Y	46.96%
Revenue growth 3Y	28.16%
Revenue growth 5Y	28.06%
Revenue growth quarters	46
Revenue growth years	13

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -35.5M
Depreciation and amortization	CAD 40.7M
EBIT	CAD 3.4B
EBITDA	CAD 3.4B
EPS	CAD 2.08
Financing cash flow	CAD -4B
Free cash flow	CAD 3.3B
Free cash flow minus SBC	CAD 2.7B
Gross profit	CAD 9B
Income taxes	CAD 586.5M
Investing cash flow	CAD 798.1M
Net borrowing	CAD -1.5B
Net cash flow	CAD 161.9M
Net income	CAD 2.7B
Operating cash flow minus SBC	CAD 2.7B
Operating income	CAD 3.4B
Revenue	CAD 18.8B
Stock-based compensation	CAD 684.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	61.63
Book value per share	CAD 13.97
Debt / EBITDA	0.07
Debt / equity	0.01
Debt / FCF	0.08
Goodwill	CAD 689.1M
Long-term assets	CAD 9.6B
Long-term liabilities	CAD 487.3M
Net cash (debt)	CAD 7.5B
Net cash / market cap	2.51%
Net cash growth	-3.96%
Net debt / EBITDA	-2.21
Net debt / equity	-0.42
Net debt / FCF	-2.25
Piotroski F-Score	6
Property, plant and equipment	CAD 200.7M
Shareholders' equity	CAD 18B
Tangible book value	CAD 17.3B
Tangible book value per share	CAD 13.40
Total assets	CAD 20.5B
Total cash	CAD 7B
Total debt	CAD 252.8M
Total liabilities	CAD 2.5B
WACC	18.67%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.91
Current assets	CAD 11B
Current liabilities	CAD 2B
Current ratio	5.35
Net working capital	CAD 2B
Quick ratio	3.72
Working capital	CAD 9B
Working capital turnover	3.07

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.74%
Shareholder yield	0.74%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	4,139.97%
10Y return CAGR	45.47%
10Y total return	4,139.97%
150-day SMA	CAD 181.58
1D price change	0.6%
1M price change	16.62%
1M total return	16.62%
1W price change	-3.84%
1W total return	-3.84%
1Y price change	-4.29%
1Y return CAGR	-4.3%
1Y total return	-4.29%
20-day SMA	CAD 235.54
200-day SMA	CAD 180.24
3M price change	30.98%
3M total return	30.98%
3Y price change	264.63%
3Y return CAGR	53.9%
3Y total return	264.63%
50-day SMA	CAD 212.45
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 255.95
52-week high date	2026-10-14
52-week low	CAD 129.01
52-week low date	2026-05-14
5Y price change	39.53%
5Y return CAGR	6.89%
5Y total return	39.53%
6M price change	38.44%
6M total return	38.44%
All-time high	CAD 255.95
All-time high date	2026-10-14
All-time low	CAD 2.59
All-time low date	2016-02-12
Average true range (ATR)	CAD 9.76
Average volume	1.7M
Beta (5Y)	2.63
Change from 52-week high	-8.45%
Change from 52-week low	81.64%
Change from all-time high	-8.33%
Change from all-time low	8,976.98%
Change from open	0.6%
Day's gap	0%
Dollar volume	CAD 130.1M
High price	CAD 237.65
Low price	CAD 231.26
Monthly RSI	68.05
Open price	CAD 232.94
Position in 52-week range	48.04%
Previous close	CAD 232.93
Price vs 150-day SMA	29.22%
Price vs 20-day SMA	-0.38%
Price vs 200-day SMA	30.18%
Price vs 50-day SMA	10.44%
Relative volume	0.32
RSI	55.95
Sharpe ratio	0.14
Sharpe ratio (3Y)	0.9
Sharpe ratio (5Y)	0.33
Sortino ratio	0.3
Sortino ratio (3Y)	1.52
Sortino ratio (5Y)	0.59
Volume	555.3K
Weekly RSI	62.78
YTD price change	6.17%
YTD total return	6.17%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.2B
Shares change (QoQ)	-0.42%
Shares change (YoY)	-0.74%
Shares held by insiders	6.15%
Shares held by institutions	70.77%
Short % of float	1.01%
Short % of shares	1.01%
Short ratio	2.2 days

Deeper analysis on TSX/SHOP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/SHOP report

Is a complete TSX/SHOP research report available?

No complete published report is available for tsx/SHOP (TSX/SHOP) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/SHOP (TSX/SHOP)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/SHOP

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/SHOP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/SHOP

Frequently asked questions