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SPS Commerce, Inc. (SPSC)

New York Stock Exchange Technology Software - InfrastructureView data quality →
63.0Fair

ValueMarkers Composite Index

Top 88%#5,154 of 44,707
Undervalued

72% below intrinsic value ($183)

UndervaluedFair ValueOvervalued
Piotroski
6/9
Neutral
Beneish
-2.49
Low Risk
Altman
7.55
Safe
DCF Value
$183
Undervalued
ROIC
8.7%
Adequate
P/E
21.4
Fair
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

SPS Commerce, Inc. (SPSC) — VMCI valuation read

Composite valuation read on SPSC: VMCI 63/100 against a Technology sector median of 50. The 13-point above-median print is the headline number for SPS Commerce, Inc., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for SPSC: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on SPSC: SPSC trades at 25.0x earnings, 39% above the Technology median of 18.0x; ROIC of 17.0% sits 7.0pp above the Technology median (10.0%); net debt to EBITDA of 0.0x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

SPSC rose 2.0% over the trailing 7 days, with a -3.3% read on a 30-day basis.

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution that provides fulfillment automation and replaces or augments an organization's existing staff and trading partner electronic communication infrastructure by enabling easy compliance with retailers' rulebooks, automatic, and digital exchange of information among numerous trading partners through various protocols, and greater visibility into the journey of an order; and Analytics solution, which consists of data analytics applications that enables customers to enhance their visibility across supply chains through greater analytics capabilities. In addition, it offers various complimentary products, such as assortment product, which enables accurate order management and rapid fulfillment; and community product that accelerates vendor onboarding and ensures trading partner adoption of new supply chain requirements. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

CEO: Chadwick Collins2,783 employeesUSwww.spscommerce.com

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