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SHO.WA

HOLDREMOVE

Shoper S.A. · Technology · Poland · $311M · Avg Vol: $312K/d

52
StockRank
Q
73
V
35
M
33
P/E (TTM)
25.4x
ROE
52.8%
D/E
0.2x
Dividend %
AI CONVICTION THESIS

Shoper S.A. is a high-quality Polish e-commerce SaaS provider with strong operating metrics, but it lacks any direct alignment with our core 18-month macro themes, making it a poor fit for our concentrated global book.

COMPANY DESCRIPTION

Shoper S.A. is the leading provider of SaaS-based e-commerce solutions in Poland, enabling small and medium-sized businesses to easily set up and manage online stores. The company offers an all-in-one ecosystem that integrates hosting, payments, logistics, and digital marketing services. Its competitive moat is established through its dominant market share in the Polish SaaS e-commerce space, high customer switching costs, and a highly scalable subscription revenue model.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue33.0M40.9M51.5M58.4M20.9%
EPS0.000.250.350.41436.0%
Shares28.5M28.1M28.1M28.1M-1.3%
Debt6.9M5.1M5.0M5.8M-5.6%
Equity10.1M14.8M19.5M23.9M33.3%
Op CF9.1M12.3M16.2M20.3M30.7%
Inv CF-7.9M-4.4M-4.5M-8.0M
Fin CF-4.5M-6.4M-6.3M-9.4M
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PRICE (1Y)+3.3%
10.5110.8811.2511.6212.00May 13Jun 3Jun 24
SMA 50SMA 200
Close
$10.86
RSI (14)
37.3
52W High
$15.84
From 52W High
0.7%

SCORE BREAKDOWN

Quality
73
ROIC
49.5%98.5
ROE
52.8%97.1
GP/Assets
130.7%97.6
Op. Margin
-7.0%18.1
FCF/Assets
23.5%95.1
Piotroski
891.5
Int. Cover
28.7x63.4
D/E Ratio
0.24x48.5
Current Ratio
1.14x15.9
Value
35
P/E (TTM)
25.4x60.3
EV/EBITDA
N/A
P/FCF
28.8x48.4
P/B
15.1x8.6
P/S
5.3x34.7
Div Yield
N/A
Momentum
33
52W High %
69%43.7
RS 6M
-32%38.3
SMA 50/200
0.88x20.5
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
N/A
Q Growth
0%32.9

FUNDAMENTALS

Market Cap
$311M
P/E (Forward)
15.2x
Gross Margin
100.0%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of SHO.WA are excluded.

TickerCompanyMkt CapStockRankSignal
SHO.WAShoper S.A.(you)$311M52HOLD
TXT.WAText S.A.$286M96STRONG BUY
VRC.WAVercom S.A.$692M87STRONG BUY
ASE.WAAsseco South Eastern Europe S.A.$868M86STRONG BUY
SPR.WASpyrosoft Spólka Akcyjna$113M87STRONG BUY
ABS.WAAsseco Business Solutions S.A.$778M95STRONG BUY
ACP.WAAsseco Poland S.A.$3.7B89STRONG BUY
LSI.WALSI Software S.A.$38M99STRONG BUY
FAB.WAFabrity S.A.$19M97STRONG BUY
CMP.WAComp S.A.$486M78BUY

Peer medians: ROE 13.9% · P/E 15.8x · Gross margin 27.2%

Shoper S.A. (SHO.WA) — Stock Score Summary

Shoper S.A. (SHO.WA) has a MoatMap StockRank of 52/100 based on Quality (73/100), Value (35/100), and Momentum (33/100) factor scores. The current signal is HOLD. Shoper S.A. is a high-quality Polish e-commerce SaaS provider with strong operating metrics, but it lacks any direct alignment with our core 18-month macro themes, making it a poor fit for our concentrated global book.

Shoper S.A. is the leading provider of SaaS-based e-commerce solutions in Poland, enabling small and medium-sized businesses to easily set up and manage online stores. The company offers an all-in-one ecosystem that integrates hosting, payments, logistics, and digital marketing services. Its competitive moat is established through its dominant market share in the Polish SaaS e-commerce space, high customer switching costs, and a highly scalable subscription revenue model.

Key Financial Metrics

Price$10.86
Market Cap$311M
P/E (TTM)25.43
P/E (Forward)15.17
Price/Book15.06
Return on Equity52.8%
Return on Invested Capital49.5%
Debt/Equity24.33
Gross Margin100.0%
Operating Margin-7.0%
Revenue Growth9.1%
Free Cash Flow$11M

Shoper S.A. operates in the Software - Application industry, part of the Technology sector (Poland).

Frequently Asked Questions

What is Shoper S.A.’s (SHO.WA) StockRank?
MoatMap’s StockRank for Shoper S.A. (SHO.WA) is 52/100, with a Hold signal. It is a composite of Quality (73), Value (35), and Momentum (33) factor ranks across MoatMap’s 20,000+ stock universe.
Does Shoper S.A. have an economic moat?
Shoper S.A. (SHO.WA) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Shoper S.A. a buy, hold, or sell?
MoatMap’s current signal for Shoper S.A. (SHO.WA) is Hold, based on a StockRank of 52/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Shoper S.A. in?
Shoper S.A. (SHO.WA) operates in the Technology sector, specifically the Software - Application industry (Poland).