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Shopify (NYSE:SHOP) Net Cash per Share

: $1.91 (As of Sep. 2022)
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Net cash per share is calculated as Cash And Cash Equivalents minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Shopify's net cash per share for the quarter that ended in Sep. 2022 was $1.91.

The historical rank and industry rank for Shopify's Net Cash per Share or its related term are showing as below:

SHOP' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.01   Med: 16.29   Max: 32.29
Current: 26.22

During the past 10 years, the highest Price-to-Net-Cash Ratio of Shopify was 32.29. The lowest was 8.01. And the median was 16.29.

SHOP's Price-to-Net-Cash is ranked worse than
82.52% of 904 companies
in the Software industry
Industry Median: 7.92 vs SHOP: 26.22

Shopify Net Cash per Share Historical Data

The historical data trend for Shopify's Net Cash per Share 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.

* Premium members only.

Shopify Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 1.64 1.70 4.10 4.42

Shopify Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Cash per Share 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 Premium Member Only Premium Member Only Premium Member Only 4.26 4.42 4.12 3.90 1.91

Competitive Comparison

For the Software - Application subindustry, Shopify's Net Cash per Share, along with its competitors' market caps and Net Cash per Share 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.

   

Shopify Net Cash per Share Distribution

For the Software industry and Technology sector, Shopify's Net Cash per Share distribution charts can be found below:

* The bar in red indicates where Shopify's Net Cash per Share falls in comparison to its industry or sector. The grey bar indicates the Net Cash per Share's extreme value range as defined by GuruFocus.



Shopify Net Cash per Share Calculation

In the calculation of a company's net cash, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative net cash. But sometimes a company's price may be lower than its net-cash.

Shopify's Net Cash Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash Per Share (A: Dec. 2021 )=(Cash And Cash Equivalents**-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7768.093-2206.831-0)/1258.97
=4.42

Shopify's Net Cash Per Share for the quarter that ended in Sep. 2022 is calculated as

Net Cash Per Share (Q: Sep. 2022 )=(Cash And Cash Equivalents**-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4941.432-2510.277-0)/1272.02
=1.91

* 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.

** Note that the Cash And Cash Equivalents here include cash, cash equivalents and short-term investments.


Shopify  (NYSE:SHOP) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener. GuruFocus also publishes a monthly Net-Net newsletter.


Shopify Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Shopify's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Shopify (NYSE:SHOP) Business Description

Shopify logo
Traded in Other Exchanges
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). 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. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Shopify (NYSE:SHOP) Headlines

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