WallStSmart

CSG Systems International Inc (CSGS)vsShopify Inc (SHOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 972% more annual revenue ($13.27B vs $1.24B). SHOP leads profitability with a 14.5% profit margin vs 5.1%. CSGS appears more attractively valued with a PEG of 1.56. SHOP earns a higher WallStSmart Score of 63/100 (C+).

CSGS

Buy

60

out of 100

Grade: C+

Growth: 6.0Profit: 6.0Value: 3.3Quality: 4.5
Piotroski: 2/9Altman Z: 2.35

SHOP

Buy

63

out of 100

Grade: C+

Growth: 10.0Profit: 7.5Value: 4.0Quality: 8.5
Piotroski: 3/9Altman Z: 6.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CSGSSignificantly Overvalued (-64.7%)

Margin of Safety

-64.7%

Fair Value

$48.33

Current Price

$80.69

$32.36 premium

UndervaluedFair: $48.33Overvalued
SHOPUndervalued (+23.1%)

Margin of Safety

+23.1%

Fair Value

$152.08

Current Price

$154.32

$2.24 discount

UndervaluedFair: $152.08Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CSGS2 strengths · Avg: 8.5/10
Return on EquityProfitability
22.4%9/10

Every $100 of equity generates 22 in profit

EPS GrowthGrowth
45.6%8/10

Earnings expanding 45.6% YoY

SHOP5 strengths · Avg: 10.0/10
Market CapQuality
$205.72B10/10

Mega-cap, among the largest globally

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

Areas to Watch

CSGS4 concerns · Avg: 3.8/10
PEG RatioValuation
1.564/10

Expensive relative to growth rate

P/E RatioValuation
35.9x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
4.8%4/10

4.8% revenue growth

Profit MarginProfitability
5.1%3/10

5.1% margin — thin

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
16.1x4/10

Trading at 16.1x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.612/10

Expensive relative to growth rate

P/E RatioValuation
107.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CSGS

The strongest argument for CSGS centers on Return on Equity, EPS Growth.

Bull Case : SHOP

The strongest argument for SHOP centers on Market Cap, Revenue Growth, EPS Growth. Revenue growth of 33.7% demonstrates continued momentum.

Bear Case : CSGS

The primary concerns for CSGS are PEG Ratio, P/E Ratio, Revenue Growth. Debt-to-equity of 2.07 is elevated, increasing financial risk.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 107.8x leaves little room for execution misses.

Key Dynamics to Monitor

CSGS profiles as a value stock while SHOP is a growth play — different risk/reward profiles.

SHOP carries more volatility with a beta of 2.59 — 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 (63/100 vs 60/100) and 33.7% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

CSG Systems International Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

CSG Systems International, Inc. provides revenue management, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company is headquartered in Greenwood Village, Colorado.

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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.

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