SPS Commerce, Inc. (SPSC)
SPS Commerce Statistics
Total Valuation
SPS Commerce has a market cap or net worth of $5.09 billion. The enterprise value is $5.01 billion.
| Market Cap | 5.09B |
| Enterprise Value | 5.01B |
Important Dates
The next estimated earnings date is Thursday, July 24, 2025, after market close.
| Earnings Date | Jul 24, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
SPS Commerce has 37.98 million shares outstanding. The number of shares has increased by 0.98% in one year.
| Current Share Class | 37.98M |
| Shares Outstanding | 37.98M |
| Shares Change (YoY) | +0.98% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 0.94% |
| Owned by Institutions (%) | 99.65% |
| Float | 37.60M |
Valuation Ratios
The trailing PE ratio is 62.65 and the forward PE ratio is 33.41.
| PE Ratio | 62.65 |
| Forward PE | 33.41 |
| PS Ratio | 7.52 |
| Forward PS | 6.36 |
| PB Ratio | 5.53 |
| P/TBV Ratio | 37.80 |
| P/FCF Ratio | 36.20 |
| P/OCF Ratio | 31.18 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 34.27, with an EV/FCF ratio of 35.61.
| EV / Earnings | 61.65 |
| EV / Sales | 7.48 |
| EV / EBITDA | 34.27 |
| EV / EBIT | 50.37 |
| EV / FCF | 35.61 |
Financial Position
The company has a current ratio of 1.64, with a Debt / Equity ratio of 0.01.
| Current Ratio | 1.64 |
| Quick Ratio | 1.03 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.09 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.13% and return on invested capital (ROIC) is 7.63%.
| Return on Equity (ROE) | 10.13% |
| Return on Assets (ROA) | 6.38% |
| Return on Invested Capital (ROIC) | 7.63% |
| Return on Capital Employed (ROCE) | 10.41% |
| Revenue Per Employee | $240,653 |
| Profits Per Employee | $29,194 |
| Employee Count | 2,783 |
| Asset Turnover | 0.69 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SPS Commerce has paid $27.86 million in taxes.
| Income Tax | 27.86M |
| Effective Tax Rate | 25.53% |
Stock Price Statistics
The stock price has decreased by -27.53% in the last 52 weeks. The beta is 0.73, so SPS Commerce's price volatility has been lower than the market average.
| Beta (5Y) | 0.73 |
| 52-Week Price Change | -27.53% |
| 50-Day Moving Average | 140.44 |
| 200-Day Moving Average | 164.15 |
| Relative Strength Index (RSI) | 41.27 |
| Average Volume (20 Days) | 322,426 |
Short Selling Information
The latest short interest is 1.34 million, so 3.52% of the outstanding shares have been sold short.
| Short Interest | 1.34M |
| Short Previous Month | 1.43M |
| Short % of Shares Out | 3.52% |
| Short % of Float | 3.56% |
| Short Ratio (days to cover) | 4.61 |
Income Statement
In the last 12 months, SPS Commerce had revenue of $669.74 million and earned $81.25 million in profits. Earnings per share was $2.14.
| Revenue | 669.74M |
| Gross Profit | 453.60M |
| Operating Income | 99.44M |
| Pretax Income | 94.40M |
| Net Income | 81.25M |
| EBITDA | 146.18M |
| EBIT | 99.44M |
| Earnings Per Share (EPS) | $2.14 |
Balance Sheet
The company has $94.92 million in cash and $12.26 million in debt, giving a net cash position of $82.66 million or $2.18 per share.
| Cash & Cash Equivalents | 94.92M |
| Total Debt | 12.26M |
| Net Cash | 82.66M |
| Net Cash Per Share | $2.18 |
| Equity (Book Value) | 920.92M |
| Book Value Per Share | 24.23 |
| Working Capital | 98.41M |
Cash Flow
In the last 12 months, operating cash flow was $163.32 million and capital expenditures -$22.66 million, giving a free cash flow of $140.65 million.
| Operating Cash Flow | 163.32M |
| Capital Expenditures | -22.66M |
| Free Cash Flow | 140.65M |
| FCF Per Share | $3.70 |
Margins
Gross margin is 67.73%, with operating and profit margins of 14.85% and 12.13%.
| Gross Margin | 67.73% |
| Operating Margin | 14.85% |
| Pretax Margin | 16.29% |
| Profit Margin | 12.13% |
| EBITDA Margin | 21.83% |
| EBIT Margin | 14.85% |
| FCF Margin | 21.00% |
Dividends & Yields
SPS Commerce does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.98% |
| Shareholder Yield | -0.98% |
| Earnings Yield | 1.60% |
| FCF Yield | 2.76% |
Analyst Forecast
The average price target for SPS Commerce is $195.80, which is 46.04% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $195.80 |
| Price Target Difference | 46.04% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on August 23, 2019. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 23, 2019 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
SPS Commerce has an Altman Z-Score of 23.11 and a Piotroski F-Score of 5.
| Altman Z-Score | 23.11 |
| Piotroski F-Score | 5 |