SPS Commerce Inc (SPSC) Stock Analysis — PE Ratio, PS Ratio, Intrinsic Value & 2030 Price Target
SPS Commerce Inc stock (SPSC) is currently trading at $55.00. SPS Commerce Inc PE ratio is 23.76. SPS Commerce Inc PS ratio (Price-to-Sales) is 2.83. Analyst consensus price target for SPSC is $82.09. WallStSmart rates SPSC as Hold.
- SPSC PE ratio analysis and historical PE chart
- SPSC PS ratio (Price-to-Sales) history and trend
- SPSC intrinsic value — DCF, Graham Number, EPV models
- SPSC stock price prediction 2025 2026 2027 2028 2029 2030
- SPSC fair value vs current price
- SPSC insider transactions and insider buying
- Is SPSC undervalued or overvalued?
- SPS Commerce Inc financial analysis — revenue, earnings, cash flow
- SPSC Piotroski F-Score and Altman Z-Score
- SPSC analyst price target and Smart Rating
SPS Commerce Inc
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SPSC Intrinsic Value Analysis for Value Investors
Benjamin Graham Formula · SPS Commerce Inc (SPSC)
SPSC trades at a significant discount to its Graham intrinsic value of $110.92, offering a 38% margin of safety — a level value investors typically seek before buying.
Based on Benjamin Graham Formula. Growth rate capped at 25%. For informational purposes only. Not financial advice.
Smart Analysis
SPS Commerce Inc (SPSC) · 10 metrics scored
Smart Score
Category Performance
WallStSmart pulls financial metrics like revenue growth, profit margins, and valuation ratios and scores each one from 0 to 10 based on how strong or weak it is. Those 10 scores are grouped into 4 categories: Growth, Profitability, Valuation, and Quality — which form the 4 axes of the spider chart you see. The categories are then combined into a final score out of 100, but not equally. Growth and Profitability together count for 60% of the total, because a fast-growing profitable business matters more than just a cheap one. That final number maps to a rating (Strong Buy, Buy, Hold, Avoid) and a letter grade, giving you one clear Stock Rating.
Investment Thesis
Strong fundamentals in eps growth, institutional own.. Concerns around peg ratio. Fundamentals are solid but monitor weak areas for improvement.
SPS Commerce Inc (SPSC) Key Strengths (3)
Earnings per share surging 46.90% year-over-year
107.17% of shares held by major funds and institutions
Mid-cap company balancing growth potential with stability
Supporting Valuation Data
SPS Commerce Inc (SPSC) Areas to Watch (7)
Very expensive relative to growth, significant premium
Moderate profitability with room for improvement
Decent operational efficiency, solid but not exceptional
Revenue is fairly priced at 2.83x sales
Fairly priced relative to book value
Solid revenue growth at 12.70% per year
Decent profitability, keeps $12 per $100 revenue
Supporting Valuation Data
SPS Commerce Inc (SPSC) Detailed Analysis Report
Overall Assessment
This company scores 63/100 in our Smart Analysis, earning a C+ grade. Out of 10 metrics analyzed, 3 register as strengths (avg 9.0/10) while 7 fall into concern territory (avg 5.3/10). All four categories (Growth, Profitability, Valuation, and Quality) show healthy scores, indicating broadly sound fundamentals.
The Bull Case
The strongest argument centers on EPS Growth, Institutional Own., Market Cap. Growth metrics are encouraging with EPS Growth at 46.90%.
The Bear Case
The primary concerns are PEG Ratio, Return on Equity, Operating Margin. Some valuation metrics including PEG Ratio (4.71), Price/Sales (2.83), Price/Book (2.23) suggest expensive pricing. Growth concerns include Revenue Growth at 12.70%, which may limit upside. Profitability pressure is visible in Return on Equity at 10.20%, Operating Margin at 18.00%, Profit Margin at 12.40%.
Key Dynamics to Monitor
Three factors to monitor going forward. First, whether PEG Ratio improves, as this is the primary drag on the overall score. Second, margin trajectory, with Return on Equity at 10.20% needing improvement to support the investment thesis. Third, growth sustainability, with Revenue Growth at 12.70% needing to reaccelerate.
Risk Considerations
Based on the metric profile, this is a moderate-to-high risk investment. There are more areas of concern than strength, warranting a more conservative position size. Investors should size positions according to their risk tolerance and maintain diversification.
Bottom Line
Mixed fundamentals with both positives (EPS Growth, Institutional Own.) and negatives (PEG Ratio, Return on Equity). A cautious approach is warranted. Monitor for improvement in weak areas before increasing conviction.
Disclaimer: Smart Analysis is a scoring system developed by WallStSmart Team. Scores update daily using multi-model valuation framework. Always conduct your own research and consult with financial advisors before making investment decisions.
SPSC Price-to-Sales(PS) Ratio Chart
Historical valuation based on market cap ÷ trailing 12-month revenue
SPSC's Price-to-Sales ratio of 2.83x trades at a deep discount to its historical average of 14.25x (0th percentile). The current valuation is 93% below its historical high of 37.77x set in Oct 2013, and 0% above its historical low of 2.83x in Mar 2026. Over the past 12 months, the PS ratio has compressed from ~7.8x as trailing revenue scaled faster than the stock price.
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Data-driven financial summary for SPS Commerce Inc (SPSC) · TECHNOLOGY › SOFTWARE - APPLICATION
The Big Picture
SPS Commerce Inc operates as a stable business with moderate growth and solid fundamentals. Revenue reached 752M with 13% growth year-over-year. Profit margins of 12.4% are healthy, with room for further expansion as the business scales.
Key Findings
ROE of 1020.0% means the company generates strong returns on shareholder equity. Above 20% is considered top-tier.
Generating 38M in free cash flow and 46M in operating cash flow. Earnings are translating into actual cash generation.
What to Watch Next
Margin expansion: can SPS Commerce Inc push profit margins above 15% as the business scales?
Sector dynamics: monitor SOFTWARE - APPLICATION industry trends, competitive moves, and regulatory changes that could impact SPS Commerce Inc.
Bottom Line
SPS Commerce Inc offers stability with moderate growth and solid fundamentals. The valuation may present an opportunity for patient investors, though limited growth means returns will likely come from dividends and modest capital appreciation rather than explosive gains.
This synopsis is generated from publicly available financial data. It is not financial advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Insider Transactions
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About SPS Commerce Inc(SPSC)
NASDAQ
TECHNOLOGY
SOFTWARE - APPLICATION
USA
SPS Commerce, Inc. provides cloud-based supply chain management solutions globally. The company is headquartered in Minneapolis, Minnesota.