Shopify Inc (SHOP) — Titan Protect Analysis

SHOP

Shopify Inc

Technology · ·

$109.54

Data: 2026-06-03

✓ ETHICAL PASS

NARROW MOAT

LIMITED

Data Confidence: 0.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$148.8B

Total market value of the company

Trailing P/E

112.38

Expensive — high growth expected

Forward P/E

49.16

Based on estimated future earnings — lower means cheaper

Rev Growth

+34.3%

Year-over-year revenue change

Profit Margin

10.8%

How much profit the company keeps from each dollar of revenue

ROE

11.3%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$150.00

+37% from current price — median analyst estimate

Recommendation

BUY

Consensus view from 45 analysts covering this stock

About Shopify Inc

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business acr

https://www.shopify.com

Country: Canada Employees: 7,600 Industry: Software - Application

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

PASS

Core business does not involve prohibited activities

Debt Ratio

0.0% PENDING

Debt must be below 33% of total assets

Cash Ratio

0.0% PENDING

Interest-bearing cash below 33% of assets

Receivables

0.0% PENDING

Receivables below 49% of assets

Revenue Purity

0.0% PENDING

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

MARKUP

Price trending up with increasing momentum

Sharpe Ratio

0.837

Good returns relative to risk taken

Kelly Fraction

0.0729

Suggested allocation is meaningful — the edge justifies a position

Calmar Ratio

0.812

Acceptable balance between returns and drawdown risk

Annual Return

37.9%

Historical annualised return based on price data

Max Drawdown

-46.7%

Largest peak-to-trough decline — the worst it has been

HMM State

CRISIS

Elevated risk detected — extreme caution warranted

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

2.64

Significantly more volatile than the market

52W High

$182.19

40% below the year high

52W Low

$94.00

17% above the year low

Avg Volume

10,234,255

Average daily shares traded — higher means easier to buy and sell

Short Ratio

1.7

Days it would take all short sellers to cover — higher means more crowded

Short % Float

N/A

Div Yield

N/A

Annual dividend as a percentage of the share price

EPS (TTM)

$1.02

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

1.43

Meaningful debt load — monitor closely

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

48.0%

Revenue left after cost of goods — higher means pricing power

Operating Margin

15.7%

Profit from core operations before interest and tax

Free Cash Flow

$1.3B

Positive — the business generates more cash than it spends

Revenue (TTM)

$12.4B

Total revenue over the last 12 months

Net Income

$1.3B

Profitable — the bottom line is positive

Analyst Coverage

Analysts

Target High

$200.00

Target Median

$150.00

Target Low

$105.00

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-06-03

Before you go