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Alternative stocks to Shopify (NYSE:SHOP)


These are the alternatives to Shopify that fall within the same industry, Internet Services & Infrastructure, or region, Canada.

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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.

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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. SS&C Technologies (XL, US)  Data Processing & Outsourcing
1. SS&C Technologies (XL, US)   Data Processing & Outsourcing 96 73 65 98
2. Cognizant Technology (XXL, US)  IT Consulting & oth. Services
2. Cognizant Technology (XXL, US)   IT Consulting & oth. Services 96 47 95 98
3. Amdocs (XL, US)  IT Consulting & oth. Services
3. Amdocs (XL, US)   IT Consulting & oth. Services 88 65 84 96
4. Twilio (XL, US)  Internet Services & Infrastructure
4. Twilio (XL, US)   Internet Services & Infrastructure 50 77 97 94
5. CGI (XL, CA)  IT Consulting & oth. Services
5. CGI (XL, CA)   IT Consulting & oth. Services 92 49 67 85
6. MAXIMUS (XL, US)  Data Processing & Outsourcing
6. MAXIMUS (XL, US)   Data Processing & Outsourcing 83 31 79 84
7. Euronet Worldwide (XL, US)  Data Processing & Outsourcing
7. Euronet Worldwide (XL, US)   Data Processing & Outsourcing 58 59 76 82
8. Visa (XXL, US)  Data Processing & Outsourcing
8. Visa (XXL, US)   Data Processing & Outsourcing 14 91 84 75
9. DXC Technology Company (XXL, US)  IT Consulting & oth. Services
9. DXC Technology Company (XXL, US)   IT Consulting & oth. Services 92 7 78 74
10. PayPal (XXL, US)  Data Processing & Outsourcing
10. PayPal (XXL, US)   Data Processing & Outsourcing 48 35 95 73

May 15, 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 92 59 73 100
2. West Fraser (XL, CA)  Forest Products
2. West Fraser (XL, CA)   Forest Products 66 100 92 100
3. Fairfax (XXL, CA)  Property & Casualty Insurance
3. Fairfax (XXL, CA)   Property & Casualty Insurance 77 63 65 96
4. Barrick Gold (XL, CA)  Gold Production
4. Barrick Gold (XL, CA)   Gold Production 90 85 70 96
5. Russel Metals (XL, CA)  Trading & Distribution
5. Russel Metals (XL, CA)   Trading & Distribution 90 49 93 96
6. Capital Power (XL, CA)  Power Producers & Traders
6. Capital Power (XL, CA)   Power Producers & Traders 62 57 99 95
7. Colliers International Group (XL, CA)  Real Estate Services
7. Colliers International Group (XL, CA)   Real Estate Services 76 48 90 94
8. Manulife Financial (XXL, CA)  Life & Health Insurance
8. Manulife Financial (XXL, CA)   Life & Health Insurance 59 31 100 91
9. Restaurant Brands International (XL, CA)  Restaurants
9. Restaurant Brands International (XL, CA)   Restaurants 52 69 65 91
10. Canfor (XL, CA)  Forest Products
10. Canfor (XL, CA)   Forest Products 55 83 60 90

May 15, 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 51 43 88 96
2. TaskUs (L, US)  Data Processing & Outsourcing
2. TaskUs (L, US)   Data Processing & Outsourcing 53 45 100 91
3. ExlService (L, US)  Data Processing & Outsourcing
3. ExlService (L, US)   Data Processing & Outsourcing 44 73 93 89
4. Shift4 Payments (L, US)  Data Processing & Outsourcing
4. Shift4 Payments (L, US)   Data Processing & Outsourcing 35 91 62 85
5. Flywire (M, US)  Data Processing & Outsourcing
5. Flywire (M, US)   Data Processing & Outsourcing 25 87 80 83
6. Sabre (L, US)  Data Processing & Outsourcing
6. Sabre (L, US)   Data Processing & Outsourcing 90 45 47 80
7. Unisys (L, US)  IT Consulting & oth. Services
7. Unisys (L, US)   IT Consulting & oth. Services 80 63 48 72
8. CSG Systems (L, US)  Data Processing & Outsourcing
8. CSG Systems (L, US)   Data Processing & Outsourcing 90 25 63 71
9. Jack Henry & Associates (L, US)  Data Processing & Outsourcing
9. Jack Henry & Associates (L, US)   Data Processing & Outsourcing 27 67 89 70
10. WEX (L, US)  Data Processing & Outsourcing
10. WEX (L, US)   Data Processing & Outsourcing 69 5 32 63

May 15, 2025


Mid sized companies - similar region as Shopify

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Whitecap Resources (L, CA)  Oil & Gas Production
1. Whitecap Resources (L, CA)   Oil & Gas Production 86 80 70 100
2. SSR Mining (L, CA)  Gold Production
2. SSR Mining (L, CA)   Gold Production 92 100 84 100
3. Magellan Aerospace (M, CA)  Aerospace & Defense
3. Magellan Aerospace (M, CA)   Aerospace & Defense 87 67 100 100
4. Enghouse Systems (M, CA)  Application Software
4. Enghouse Systems (M, CA)   Application Software 99 29 95 100
5. Lightspeed Commerce (L, CA)  Application Software
5. Lightspeed Commerce (L, CA)   Application Software 70 93 76 100
6. Mullen (L, CA)  Trucking
6. Mullen (L, CA)   Trucking 95 79 76 100
7. Centerra (L, CA)  Gold Production
7. Centerra (L, CA)   Gold Production 100 59 98 98
8. Exchange Income (L, CA)  Airlines
8. Exchange Income (L, CA)   Airlines 69 95 54 98
9. Winpak (L, CA)  Metal & Glass Containers
9. Winpak (L, CA)   Metal & Glass Containers 41 85 100 98
10. Parex Resources (L, CA)  Oil & Gas Production
10. Parex Resources (L, CA)   Oil & Gas Production 94 32 100 98

May 15, 2025



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