WallStSmart

Shopify Inc (SHOP)vsThryv Holdings Inc (THRY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 1503% more annual revenue ($12.37B vs $771.33M). SHOP leads profitability with a 10.8% profit margin vs 1.9%. THRY trades at a lower P/E of 12.8x. THRY earns a higher WallStSmart Score of 51/100 (C-).

SHOP

Buy

50

out of 100

Grade: C-

Growth: 7.3Profit: 7.0Value: 4.0Quality: 8.5
Piotroski: 3/9Altman Z: 6.61

THRY

Buy

51

out of 100

Grade: C-

Growth: 4.7Profit: 4.5Value: 6.0Quality: 3.5
Piotroski: 3/9Altman Z: 0.50
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SHOPUndervalued (+17.7%)

Margin of Safety

+17.7%

Fair Value

$142.03

Current Price

$122.40

$19.63 discount

UndervaluedFair: $142.03Overvalued

Intrinsic value data unavailable for THRY.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SHOP4 strengths · Avg: 9.8/10
Revenue GrowthGrowth
34.3%10/10

Revenue surging 34.3% year-over-year

Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.6110/10

Safe zone — low bankruptcy risk

Market CapQuality
$160.34B9/10

Large-cap with strong market position

THRY3 strengths · Avg: 9.3/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

EPS GrowthGrowth
106.7%10/10

Earnings expanding 106.7% YoY

P/E RatioValuation
12.8x8/10

Attractively priced relative to earnings

Areas to Watch

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
12.7x4/10

Trading at 12.7x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.572/10

Expensive relative to growth rate

P/E RatioValuation
120.0x2/10

Premium valuation, high expectations priced in

THRY4 concerns · Avg: 3.0/10
Market CapQuality
$170.53M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.9%3/10

ROE of 6.9% — below average capital efficiency

Profit MarginProfitability
1.9%3/10

1.9% margin — thin

Operating MarginProfitability
2.2%3/10

Operating margin of 2.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 34.3% demonstrates continued momentum.

Bull Case : THRY

The strongest argument for THRY centers on Price/Book, EPS Growth, P/E Ratio.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 120.0x leaves little room for execution misses.

Bear Case : THRY

The primary concerns for THRY are Market Cap, Return on Equity, Profit Margin. Thin 1.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

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

SHOP carries more volatility with a beta of 2.58 — expect wider price swings.

SHOP is growing revenue faster at 34.3% — sustainability is the question.

SHOP generates stronger free cash flow (476M), providing more financial flexibility.

Bottom Line

THRY scores higher overall (51/100 vs 50/100). SHOP offers better value entry with a 17.7% margin of safety. 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.

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.

Thryv Holdings Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Thryv Holdings, Inc. provides cloud-based tools and digital marketing solutions to small and medium-sized businesses (SMBs) in the United States. The company is headquartered in DFW Airport, Texas.

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