NASD · Technology · Software - Application · USA
SPS Commerce Inc is a mid cap company (market value between $2 billion and $10 billion) in the Software - Application industry.
SPS Commerce operates a cloud-based platform connecting retailers, brands, distributors, manufacturers, and logistics providers to conduct transactions across their trading partner networks. The company provides Fulfillment, Analytics, Assortment, and Relationship Management solutions that automate supply chain processes, handle compliance requirements, and enable seamless omnichannel commerce operations.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the SPS Commerce Inc stock.
Undervalued: intrinsic value $193.47 per share, market price $85.42, margin of safety 55.8% (as of 2026-10-19).
A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $193.47; the price of $85.42 is 56% below that value.
Leak Score: 70/100 on 11 of 12 signals (Clear Leak).
17 more funds hold it; the full list is part of the paid plan.
All 227 Software - Application stocks
13 more in this industry show a wider margin of safety.
SPSC is undervalued (as of the 2026-10-19 close). A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $193.47; the price of $85.42 is 56% below that value.
$193.47 per share (as of the 2026-10-19 close), against a market price of $85.42. That is a margin of safety of 55.8%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
70 out of 100, which we rate "Clear Leak", on 11 of 12 value investing signals.