Valuation SPS Commerce, Inc.

Stocks

Market Closed - Nasdaq 16:00:00 2026-10-08 EDT			5-day change	1st Jan Change
83.32 ^USD	+2.86%		-1.05%	-6.52%

09-15	SPS Commerce Announces General Availability Of Embedded Agentic AI MAX And Unveils New Solutions Including Visibility Management And Decision Intelligence	CI
09-11	SPS Commerce in Talks to Be Acquired by GTCR	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	5,120	4,629	7,113	6,912	3,361	3,000	-	-
Change	-	-9.58%	53.68%	-2.83%	-51.38%	-10.76%	-	-
Enterprise Value (EV) ¹	4,862	4,415	6,838	6,671	3,210	2,784	2,619	2,460
Change	-	-9.21%	54.9%	-2.44%	-51.89%	-13.27%	-5.91%	-6.09%
P/E	118x	86.2x	110x	90.2x	36.2x	36.7x	25.7x	21.5x
PBR	-	-	-	-	3.43x	2.96x	2.47x	2.11x
PEG	-	3.7x	6.1x	5.7x	1.8x	-4.83x	0.6x	1.1x
Capitalization / Revenue	13.3x	10.3x	13.2x	10.8x	4.47x	3.79x	3.57x	3.33x
EV / Revenue	12.6x	9.79x	12.7x	10.5x	4.27x	3.52x	3.12x	2.73x
EV / EBITDA	45.4x	33.4x	43.4x	35.7x	13.9x	10.4x	8.9x	7.47x
EV / EBIT	52.4x	37.9x	49.2x	40x	15.3x	11.5x	9.75x	8.04x
EV / FCF	52.1x	55.1x	60.8x	48.6x	21.1x	15.1x	12.9x	10.8x
FCF Yield	1.92%	1.82%	1.65%	2.06%	4.74%	6.61%	7.76%	9.27%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	1.21	1.49	1.76	2.04	2.46	2.273	3.241	3.877
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	385.3	450.9	536.9	637.8	751.5	790.6	840.1	900.6
EBITDA ¹	107	132.3	157.6	186.6	231.4	266.4	294.4	329.4
EBIT ¹	92.78	116.3	138.9	167	209.2	241.8	268.6	305.9
Net income ¹	44.6	55.13	65.82	77.05	93.34	83.8	120.7	143.6
Net Debt ¹	-257.3	-214.3	-275.4	-241	-151.4	-215.8	-380.2	-539.7
Reference price ²	142.35	128.43	193.84	183.99	89.13	83.32	83.32	83.32
Nbr of stocks (in thousands)	35,964	36,042	36,698	37,568	37,709	36,000	-	-
Announcement Date	2/9/22	2/9/23	2/8/24	2/10/25	2/12/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SPS COMMERCE, INC.	35.64x	3.42x	10.14x	-.--%	2.92B
MICROSOFT CORPORATION	26.87x	9.92x	16.21x	0.73%	3,934B
PALANTIR TECHNOLOGIES INC.	125.05x	55.35x	90.13x	-.--%	466B
ORACLE CORPORATION	21.61x	6.11x	10.63x	1.39%	435B
PALO ALTO NETWORKS, INC.	257.32x	22.97x	67.26x	-.--%	332B
CROWDSTRIKE HOLDINGS, INC.	2654.4x	44.49x	145.51x	-.--%	272B
SAP SE	26.56x	5.33x	16.8x	1.43%	242B
SERVICENOW, INC.	89.25x	8.67x	23.2x	-.--%	143B
FORTINET, INC.	61.21x	16.52x	43.52x	-.--%	139B
DATADOG, INC.	484.75x	20.77x	82.11x	-.--%	97.43B
Average	378.27x	19.36x	50.55x	0.35%	606.37B
Weighted average by Cap.	174.28x	15.52x	31.97x	0.63%