SHOP - Embedded Expectations Analysis - 2019 01 29
Shopify Inc. (SHOP:USA) currently trades at historical highs relative to UAFRS-based (Uniform) Assets, with a 27.5x Uniform P/B, implying bullish expectations for the firm. Moreover, management generated an excitement marker when talking about the variety of apps available to merchants, and confident in their security practices and their cash positionSpecifically, management generated an excitement marker when talking about the variety of apps available to merchants across their platform. Additionally, management is confident their black bounty program is emerging as a consensus best practice, and is confident about their cash position and profitability
Shopify provides a cloud-based commerce platform designed for small and medium-sized businesses. Merchants use its software to run their business across all of their sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. Co. provides a platform for merchants to create an omni-channel experience that helps showcase the merchant's brand and grow its business. Co.'s platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting.
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- GAAP and IFRS have failed to provide rules for reliable financial statement reporting
- Stock analyst recommendations are not grounded in disciplined financial analysis
- Credit agencies have been set up to grossly fail in their responsibilities to investors and the public markets
- Utter lack of willingness of major research firms to employ the the most advanced forensic analysis available
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