Shopify (HAM:307) Beta: N/A (As of Jun. 25, 2026)


HAM:307 Shopify Inc HAM:307
83 GF Score
Price €98.78
GF Value €123.20
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shopify Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Shopify's Beta is Not available.

Shopify  (HAM:307) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Shopify Beta Related Terms

Shopify Beta Historical Data

* Premium members only.

The historical data trend for Shopify's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shopify Beta Chart

Shopify Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Shopify Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HAM:307
83GF Score
Shopify Inc HAM:307
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Shopify Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Shopify (HAM:307) Overvalued in 2026?

Based on GuruFocus' analysis, Shopify stock appears to be undervalued. The current stock price of €98.78 is trading 19.8% below its estimated GF Value™ of €123.20. GuruFocus considers Shopify to be Modestly Undervalued.

Key valuation signals for HAM:307:

  • Beta: N/A
  • GF Value™: €123.20 vs. price of €98.78 (19.8% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the HAM:307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shopify Business Description

Address 151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
83GF Score

Get the complete analysis for HAM:307

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€98.78
Price
€123.20
GF Value