WallStSmart

Shopify Inc (SHOP)vsVersus Systems Inc (VS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 876783% more annual revenue ($13.27B vs $1.51M). SHOP leads profitability with a 14.5% profit margin vs -113.2%. SHOP earns a higher WallStSmart Score of 64/100 (C+).

SHOP

Buy

64

out of 100

Grade: C+

Growth: 10.0Profit: 7.5Value: 4.7Quality: 8.5
Piotroski: 3/9Altman Z: 6.61

VS

Avoid

31

out of 100

Grade: F

Growth: 4.7Profit: 4.0Value: 6.7Quality: 6.0
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SHOPUndervalued (+23.5%)

Margin of Safety

+23.5%

Fair Value

$152.79

Current Price

$128.50

$24.29 discount

UndervaluedFair: $152.79Overvalued
VSUndervalued (+75.7%)

Margin of Safety

+75.7%

Fair Value

$4.16

Current Price

$1.11

$3.05 discount

UndervaluedFair: $4.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SHOP5 strengths · Avg: 9.8/10
Revenue GrowthGrowth
33.7%10/10

Revenue surging 33.7% year-over-year

EPS GrowthGrowth
68.1%10/10

Earnings expanding 68.1% YoY

Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.6110/10

Safe zone — low bankruptcy risk

Market CapQuality
$165.33B9/10

Large-cap with strong market position

VS2 strengths · Avg: 10.0/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
39.8%10/10

Strong operational efficiency at 39.8%

Areas to Watch

SHOP4 concerns · Avg: 3.3/10
PEG RatioValuation
1.734/10

Expensive relative to growth rate

Price/BookValuation
13.1x4/10

Trading at 13.1x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
86.8x2/10

Premium valuation, high expectations priced in

VS4 concerns · Avg: 2.5/10
Market CapQuality
$6.90M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-15.4%2/10

ROE of -15.4% — below average capital efficiency

Revenue GrowthGrowth
-24.7%2/10

Revenue declined 24.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, EPS Growth, Debt/Equity. Revenue growth of 33.7% demonstrates continued momentum.

Bull Case : VS

The strongest argument for VS centers on Price/Book, Operating Margin.

Bear Case : SHOP

The primary concerns for SHOP are PEG Ratio, Price/Book, Piotroski F-Score. A P/E of 86.8x leaves little room for execution misses.

Bear Case : VS

The primary concerns for VS are Market Cap, Piotroski F-Score, Return on Equity.

Key Dynamics to Monitor

SHOP profiles as a growth stock while VS is a turnaround play — different risk/reward profiles.

SHOP carries more volatility with a beta of 2.62 — expect wider price swings.

SHOP is growing revenue faster at 33.7% — sustainability is the question.

SHOP generates stronger free cash flow (654M), providing more financial flexibility.

Bottom Line

SHOP scores higher overall (64/100 vs 31/100) and 33.7% revenue growth. VS offers better value entry with a 75.7% margin of safety. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

Versus Systems Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Versus Systems Inc. develops and operates a business-to-business software platform that enables video game publishers and developers to deliver prize-based matches of their games to their players in Canada and the United States. The company is headquartered in Vancouver, Canada.

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