(SPSC) SPS Commerce - Ratings and Ratios
Cloud Platform, Order Fulfillment, Sales Analytics, Item Data, Supplier Network
SPSC EPS (Earnings per Share)
SPSC Revenue
Description: SPSC SPS Commerce
SPS Commerce, Inc. is a US-based company that provides cloud-based supply chain management solutions, enhancing the way retailers, grocers, suppliers, manufacturers, distributors, and logistics firms manage their omnichannel, supply chain, and other business requirements.
The companys platform, SPS Commerce, offers a range of solutions, including Fulfillment, Analytics, Assortment, and Community products, designed to streamline supply chain operations, simplify data management, and improve collaboration with suppliers. These solutions enable businesses to automate operations, reduce errors, and improve revenue recovery.
From a performance perspective, SPS Commerce has demonstrated steady growth, with a market capitalization of $5.23 billion. Key performance indicators (KPIs) such as revenue growth rate, customer acquisition cost, and customer retention rate are crucial in evaluating the companys success. The companys return on equity (ROE) stands at 9.82%, indicating a moderate level of profitability.
To further analyze SPS Commerces potential, we can examine its customer base, revenue diversification, and competitive positioning. The companys customer base includes major retailers and suppliers, providing a stable source of revenue. Additionally, SPS Commerces revenue diversification across various industries and geographies reduces its dependence on a single market. The companys competitive positioning in the supply chain management software market is strong, with a robust platform and a wide range of solutions.
From a valuation perspective, SPS Commerces price-to-earnings (P/E) ratio stands at 64.09, indicating a relatively high valuation compared to its earnings. The forward P/E ratio is 67.11, suggesting that the market expects continued growth in the companys earnings. To assess the companys valuation, we can compare its P/E ratio to that of its peers and the industry average, as well as examine its enterprise value-to-EBITDA (EV/EBITDA) ratio.
SPSC Stock Overview
| Market Cap in USD | 4,146m |
| Sub-Industry | Application Software |
| IPO / Inception | 2010-04-22 |
SPSC Stock Ratings
| Growth Rating | -31.5% |
| Fundamental | 76.5% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -53.0% |
| Analyst Rating | 4.33 of 5 |
SPSC Dividends
Currently no dividends paidSPSC Growth Ratios
| Growth Correlation 3m | -68.1% |
| Growth Correlation 12m | -82.5% |
| Growth Correlation 5y | 66% |
| CAGR 5y | -4.66% |
| CAGR/Max DD 3y | -0.09 |
| CAGR/Mean DD 3y | -0.43 |
| Sharpe Ratio 12m | -0.72 |
| Alpha | 0.09 |
| Beta | 0.299 |
| Volatility | 35.97% |
| Current Volume | 340.3k |
| Average Volume 20d | 416.5k |
| Stop Loss | 104.1 (-3.5%) |
| Signal | 0.65 |
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (82.9m TTM) > 0 and > 6% of Revenue (6% = 42.2m TTM) |
| FCFTA 0.13 (>2.0%) and ΔFCFTA -1.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 17.26% (prev 36.67%; Δ -19.41pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 166.2m > Net Income 82.9m (YES >=105%, WARN >=100%) |
| Net Debt (-96.8m) to EBITDA (117.1m) ratio: -0.83 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (38.1m) change vs 12m ago 1.10% (target <= -2.0% for YES) |
| Gross Margin 68.17% (prev 63.64%; Δ 4.52pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 71.22% (prev 68.32%; Δ 2.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM) |
Altman Z'' 4.66
| (A) 0.11 = (Total Current Assets 269.4m - Total Current Liabilities 148.0m) / Total Assets 1.12b |
| (B) 0.34 = Retained Earnings (Balance) 378.0m / Total Assets 1.12b |
| (C) 0.08 = EBIT TTM 78.0m / Avg Total Assets 987.8m |
| (D) 2.21 = Book Value of Equity 378.8m / Total Liabilities 171.3m |
| Total Rating: 4.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 76.52
| 1. Piotroski 7.0pt = 2.0 |
| 2. FCF Yield 3.49% = 1.74 |
| 3. FCF Margin 20.17% = 5.04 |
| 4. Debt/Equity 0.03 = 2.50 |
| 5. Debt/Ebitda 0.25 = 2.45 |
| 6. ROIC - WACC (= -0.30)% = -0.37 |
| 7. RoE 9.33% = 0.78 |
| 8. Rev. Trend 99.79% = 7.48 |
| 9. EPS Trend 97.73% = 4.89 |
What is the price of SPSC shares?
Over the past week, the price has changed by -2.80%, over one month by -5.74%, over three months by -19.84% and over the past year by -44.16%.
Is SPS Commerce a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SPSC is around 78.67 USD . This means that SPSC is currently overvalued and has a potential downside of -27.11%.
Is SPSC a buy, sell or hold?
- Strong Buy: 7
- Buy: 2
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the SPSC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 152.4 | 41.2% |
| Analysts Target Price | 152.4 | 41.2% |
| ValueRay Target Price | 86.6 | -19.7% |
Last update: 2025-09-05 05:01
SPSC Fundamental Data Overview
CCE Cash And Equivalents = 107.6m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 49.4842
P/E Forward = 67.1141
P/S = 5.8926
P/B = 4.311
P/EG = 4.7094
Beta = 0.699
Revenue TTM = 703.5m USD
EBIT TTM = 78.0m USD
EBITDA TTM = 117.1m USD
Long Term Debt = 23.4m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 5.75m USD (from shortTermDebt, last quarter)
Debt = 29.1m USD (Calculated: Short Term 5.75m + Long Term 23.4m)
Net Debt = -96.8m USD (from netDebt column, last quarter)
Enterprise Value = 4.07b USD (4.15b + Debt 29.1m - CCE 107.6m)
Interest Coverage Ratio = unknown (Ebit TTM 78.0m / Interest Expense TTM 0.0)
FCF Yield = 3.49% (FCF TTM 141.9m / Enterprise Value 4.07b)
FCF Margin = 20.17% (FCF TTM 141.9m / Revenue TTM 703.5m)
Net Margin = 11.79% (Net Income TTM 82.9m / Revenue TTM 703.5m)
Gross Margin = 68.17% ((Revenue TTM 703.5m - Cost of Revenue TTM 223.9m) / Revenue TTM)
Tobins Q-Ratio = 10.74 (Enterprise Value 4.07b / Book Value Of Equity 378.8m)
Interest Expense / Debt = 4.38% (Interest Expense 1.28m / Debt 29.1m)
Taxrate = 22.54% (22.4m / 99.5m)
NOPAT = 60.4m (EBIT 78.0m * (1 - 22.54%))
Current Ratio = 1.82 (Total Current Assets 269.4m / Total Current Liabilities 148.0m)
Debt / Equity = 0.03 (Debt 29.1m / last Quarter total Stockholder Equity 949.8m)
Debt / EBITDA = 0.25 (Net Debt -96.8m / EBITDA 117.1m)
Debt / FCF = 0.21 (Debt 29.1m / FCF TTM 141.9m)
Total Stockholder Equity = 888.7m (last 4 quarters mean)
RoA = 7.40% (Net Income 82.9m, Total Assets 1.12b )
RoE = 9.33% (Net Income TTM 82.9m / Total Stockholder Equity 888.7m)
RoCE = 8.55% (Ebit 78.0m / (Equity 888.7m + L.T.Debt 23.4m))
RoIC = 6.80% (NOPAT 60.4m / Invested Capital 888.7m)
WACC = 7.09% (E(4.15b)/V(4.17b) * Re(7.12%)) + (D(29.1m)/V(4.17b) * Rd(4.38%) * (1-Tc(0.23)))
Shares Correlation 3-Years: 90.91 | Cagr: 0.29%
Discount Rate = 7.12% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.26% ; FCFE base≈133.8m ; Y1≈163.0m ; Y5≈270.4m
Fair Price DCF = 121.6 (DCF Value 4.61b / Shares Outstanding 37.9m; 5y FCF grow 23.37% → 3.0% )
EPS Correlation: 97.73 | EPS CAGR: 18.30% | SUE: 2.08 | # QB: 16
Revenue Correlation: 99.79 | Revenue CAGR: 19.63% | SUE: N/A | # QB: None
Additional Sources for SPSC Stock
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