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SPS CommerceSPSC +4.37%84 3-Year EBITDA Growth Rate is 20.00% as of Jun. 2026, which is 2% below its 10-year median of 20.45. GuruFocus rates SPSC with a GF Score™ of 84/100 and a GF Value™ of $181.43 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,067 Software companies, SPS Commerce ranks better than 62.55% on this metric.
During the past 12 months, SPS Commerce's average EBITDA Per Share Growth Rate was 20.70% per year.
During the past 3 years, the average EBITDA Per Share Growth Rate was 20.00% per year.
During the past 5 years, the average EBITDA Per Share Growth Rate was 18.70% per year.
During the past 10 years, the average EBITDA Per Share Growth Rate was 26.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of SPS Commerce was 482.80% per year. The lowest was -47.10% per year. And the median was 20.45% per year.
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
SPS Commerce 3-Year EBITDA Growth Rate Related Terms
SPSC vs PLUS, PDFS, INTA: 3-Year EBITDA Growth Rate Comparison
For the Software - Application subindustry, SPS Commerce's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SPS Commerce 3-Year EBITDA Growth Rate vs Software Industry
For the Software industry and Technology sector, SPS Commerce's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where SPS Commerce's 3-Year EBITDA Growth Rate falls into.
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of 20.00% mean?
SPS Commerce (SPSC) has a 3-Year EBITDA Growth Rate of 20.00% as of Jun. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for SPS Commerce and its competitors. This is near median its historical median of 20.45. According to the industry distribution chart, SPS Commerce ranks #774 out of 2067 companies in the Software industry, placing it in the top 37.4%.
Is SPS Commerce's 3-Year EBITDA Growth Rate too high?
SPS Commerce's current 3-Year EBITDA Growth Rate of 20.00% is near median its 10-year median of 20.45. The Software industry median 3-Year EBITDA Growth Rate is 12.30. SPS Commerce's value of 20.00% is 62.6% above this industry median. Based on the distribution chart, SPS Commerce ranks #774 out of 2067 companies in the Software industry, which is above the industry midpoint. Overall, SPS Commerce has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's 3-Year EBITDA Growth Rate compare to PLUS and PDFS?
According to the Software industry distribution chart, SPS Commerce ranks #774 out of 2067 companies for 3-Year EBITDA Growth Rate. This puts SPS Commerce in the upper half of its industry. The industry median 3-Year EBITDA Growth Rate is 12.30. SPS Commerce's value of 20.00% is 62.6% above this benchmark. While the company's 10-year median is 20.45 vs. the industry median of 12.30, SPS Commerce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a Software company?
The median 3-Year EBITDA Growth Rate among Software companies is 12.30, based on 2,067 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPS Commerce's current 3-Year EBITDA Growth Rate of 20.00% is 62.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for SPS Commerce and its competitors. For the Software industry, the median 3-Year EBITDA Growth Rate is 12.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPS Commerce's current 3-Year EBITDA Growth Rate is 20.00%, which is near median its own 10-year median of 20.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPS Commerce stock overvalued right now?
Based on GuruFocus' analysis, SPS Commerce (SPSC) is currently considered Significantly Undervalued. The stock's GF Value™ is $181.43, compared to a current price of $80.80 — trading 55.5% below its estimated fair value. The current 3-Year EBITDA Growth Rate is 20.00%, which is near median its 10-year median of 20.45 and 62.6% above the Software industry median of 12.30. SPS Commerce's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For SPS Commerce (SPSC), the current 3-Year EBITDA Growth Rate is 20.00% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SPS Commerce (SPSC) Overvalued in 2026?
Based on GuruFocus' analysis, SPS Commerce stock appears to be undervalued.
The current stock price of $80.80 is trading 55.5% below its estimated GF Value™ of $181.43.
GuruFocus considers SPS Commerce to be Significantly Undervalued.
Key valuation signals for SPSC:
3-Year EBITDA Growth Rate: 20.00% (near median its 10-year median of 20.45)
GF Value™: $181.43 vs. price of $80.80 (55.5% below fair value)
Industry Position: 62.6% above the Software median (#774 of 2067)
No single metric tells the full story. See the SPSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements.
84GF Score
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