More stocks to consider
Alternative stocks to Shopify (NYSE:SHOP)
These are the alternatives to Shopify that fall within the same industry, Internet Services & Infrastructure, or region, Canada.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See Shopify Performance
Shopify stock research in summary
shopify.com
Shopify shares are more expensive than other comparable stocks. While they show above average growth, they are riskily financed, and are poor value. We recommend evaluating whether the future of the company Shopify is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.
Latest Obermatt Ranks
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Country |
Canada |
Industry |
Internet Services & Infrastructure |
Index |
|
Size class |
X-Large |
Large companies - similar industry as Shopify
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Cognizant Technology (XXL, US) IT Consulting & oth. Services
|
1. Cognizant Technology (XXL, US) IT Consulting & oth. Services
|
92
|
|
41
|
|
98
|
|
98
|
|
2. CGI (XL, CA) IT Consulting & oth. Services
|
2. CGI (XL, CA) IT Consulting & oth. Services
|
80
|
|
67
|
|
74
|
|
95
|
|
3. Twilio (XL, US) Internet Services & Infrastructure
|
3. Twilio (XL, US) Internet Services & Infrastructure
|
58
|
|
43
|
|
97
|
|
94
|
|
4. Amdocs (XL, US) IT Consulting & oth. Services
|
4. Amdocs (XL, US) IT Consulting & oth. Services
|
90
|
|
39
|
|
79
|
|
88
|
|
5. SS&C Technologies (XL, US) Data Processing & Outsourcing
|
5. SS&C Technologies (XL, US) Data Processing & Outsourcing
|
93
|
|
45
|
|
59
|
|
86
|
|
6. DXC Technology Company (XXL, US) IT Consulting & oth. Services
|
6. DXC Technology Company (XXL, US) IT Consulting & oth. Services
|
92
|
|
17
|
|
82
|
|
84
|
|
7. Euronet Worldwide (XL, US) Data Processing & Outsourcing
|
7. Euronet Worldwide (XL, US) Data Processing & Outsourcing
|
61
|
|
61
|
|
72
|
|
83
|
|
8. MAXIMUS (XL, US) Data Processing & Outsourcing
|
8. MAXIMUS (XL, US) Data Processing & Outsourcing
|
87
|
|
29
|
|
74
|
|
76
|
|
9. PayPal (XXL, US) Data Processing & Outsourcing
|
9. PayPal (XXL, US) Data Processing & Outsourcing
|
52
|
|
35
|
|
92
|
|
73
|
|
10. Visa (XXL, US) Data Processing & Outsourcing
|
10. Visa (XXL, US) Data Processing & Outsourcing
|
14
|
|
87
|
|
84
|
|
73
|
|
April 24, 2025
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as Shopify
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Methanex (XL, CA) Commodity Chemicals
|
1. Methanex (XL, CA) Commodity Chemicals
|
98
|
|
53
|
|
70
|
|
100
|
|
2. Russel Metals (XL, CA) Trading & Distribution
|
2. Russel Metals (XL, CA) Trading & Distribution
|
89
|
|
87
|
|
86
|
|
100
|
|
3. West Fraser (XL, CA) Forest Products
|
3. West Fraser (XL, CA) Forest Products
|
68
|
|
100
|
|
92
|
|
100
|
|
4. Capital Power (XL, CA) Power Producers & Traders
|
4. Capital Power (XL, CA) Power Producers & Traders
|
79
|
|
47
|
|
99
|
|
100
|
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
87
|
|
59
|
|
96
|
|
98
|
|
6. Colliers International Group (XL, CA) Real Estate Services
|
6. Colliers International Group (XL, CA) Real Estate Services
|
78
|
|
56
|
|
86
|
|
97
|
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
77
|
|
41
|
|
65
|
|
96
|
|
8. Barrick Gold (XL, CA) Gold Production
|
8. Barrick Gold (XL, CA) Gold Production
|
76
|
|
83
|
|
65
|
|
96
|
|
9. CGI (XL, CA) IT Consulting & oth. Services
|
9. CGI (XL, CA) IT Consulting & oth. Services
|
80
|
|
67
|
|
74
|
|
95
|
|
10. Canfor (XL, CA) Forest Products
|
10. Canfor (XL, CA) Forest Products
|
59
|
|
93
|
|
58
|
|
92
|
|
April 24, 2025
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Mid sized companies - similar industry as Shopify
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Marqeta (M, US) Data Processing & Outsourcing
|
1. Marqeta (M, US) Data Processing & Outsourcing
|
37
|
|
43
|
|
88
|
|
96
|
|
2. TaskUs (L, US) Data Processing & Outsourcing
|
2. TaskUs (L, US) Data Processing & Outsourcing
|
52
|
|
51
|
|
96
|
|
93
|
|
3. International Money Express (M, US) Data Processing & Outsourcing
|
3. International Money Express (M, US) Data Processing & Outsourcing
|
63
|
|
35
|
|
98
|
|
88
|
|
4. ExlService (L, US) Data Processing & Outsourcing
|
4. ExlService (L, US) Data Processing & Outsourcing
|
30
|
|
83
|
|
91
|
|
88
|
|
5. Flywire (M, US) Data Processing & Outsourcing
|
5. Flywire (M, US) Data Processing & Outsourcing
|
29
|
|
89
|
|
95
|
|
85
|
|
6. Sabre (L, US) Data Processing & Outsourcing
|
6. Sabre (L, US) Data Processing & Outsourcing
|
90
|
|
65
|
|
24
|
|
83
|
|
7. Shift4 Payments (L, US) Data Processing & Outsourcing
|
7. Shift4 Payments (L, US) Data Processing & Outsourcing
|
41
|
|
85
|
|
62
|
|
83
|
|
8. CSG Systems (L, US) Data Processing & Outsourcing
|
8. CSG Systems (L, US) Data Processing & Outsourcing
|
87
|
|
29
|
|
60
|
|
72
|
|
9. Alithya Group (M, CA) IT Consulting & oth. Services
|
9. Alithya Group (M, CA) IT Consulting & oth. Services
|
65
|
|
47
|
|
65
|
|
67
|
|
10. WEX (L, US) Data Processing & Outsourcing
|
10. WEX (L, US) Data Processing & Outsourcing
|
71
|
|
5
|
|
32
|
|
63
|
|
April 24, 2025
Mid sized companies - similar region as Shopify
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Enghouse Systems (M, CA) Application Software
|
1. Enghouse Systems (M, CA) Application Software
|
99
|
|
29
|
|
95
|
|
100
|
|
2. SSR Mining (L, CA) Gold Production
|
2. SSR Mining (L, CA) Gold Production
|
84
|
|
100
|
|
88
|
|
100
|
|
3. Magellan Aerospace (M, CA) Aerospace & Defense
|
3. Magellan Aerospace (M, CA) Aerospace & Defense
|
91
|
|
95
|
|
98
|
|
100
|
|
4. Lightspeed Commerce (L, CA) Application Software
|
4. Lightspeed Commerce (L, CA) Application Software
|
76
|
|
89
|
|
75
|
|
100
|
|
5. Lassonde (L, CA) Packaged Foods & Meats
|
5. Lassonde (L, CA) Packaged Foods & Meats
|
82
|
|
71
|
|
73
|
|
98
|
|
6. IGM Financial (L, CA) Asset Management & Custody
|
6. IGM Financial (L, CA) Asset Management & Custody
|
93
|
|
73
|
|
60
|
|
98
|
|
7. Jamieson Wellness (M, CA) Personal Products
|
7. Jamieson Wellness (M, CA) Personal Products
|
74
|
|
83
|
|
64
|
|
98
|
|
8. Exchange Income (L, CA) Airlines
|
8. Exchange Income (L, CA) Airlines
|
62
|
|
97
|
|
55
|
|
96
|
|
9. BlackBerry (L, CA) Systems Software
|
9. BlackBerry (L, CA) Systems Software
|
57
|
|
61
|
|
87
|
|
95
|
|
10. Winpak (L, CA) Metal & Glass Containers
|
10. Winpak (L, CA) Metal & Glass Containers
|
32
|
|
71
|
|
100
|
|
94
|
|
April 24, 2025
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