SPS Commerce, Inc. (SPSC): Price and Financial Metrics

SPSC POWR Grades

• Sentiment is the dimension where SPSC ranks best; there it ranks ahead of 87.63% of US stocks.
• SPSC's strongest trending metric is Momentum; it's been moving down over the last 178 days.
• SPSC's current lowest rank is in the Momentum metric (where it is better than 16.83% of US stocks).

SPSC Stock Summary

• SPSC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 424.4 -- higher than 94.13% of US-listed equities with positive expected earnings growth.
• With a price/earnings ratio of 101.11, SPS COMMERCE INC P/E ratio is greater than that of about 95.16% of stocks in our set with positive earnings.
• The price/operating cash flow metric for SPS COMMERCE INC is higher than 90.89% of stocks in our set with a positive cash flow.
• Stocks that are quantitatively similar to SPSC, based on their financial statements, market capitalization, and price volatility, are SSTI, SWAV, PAYC, ROVR, and STAA.
• SPSC's SEC filings can be seen here. And to visit SPS COMMERCE INC's official web site, go to www.spscommerce.com.

SPSC Valuation Summary

• SPSC's EV/EBIT ratio is 69.7; this is 267.81% higher than that of the median Technology stock.
• SPSC's price/sales ratio has moved up 7.1 over the prior 153 months.

Below are key valuation metrics over time for SPSC.

SPSC Growth Metrics

Its 2 year revenue growth rate is now at 39.8%.
• Its year over year net cashflow from operations growth rate is now at 0.14%.
• Its 3 year cash and equivalents growth rate is now at 41.31%.

SPSC's revenue has moved up $152,489,000 over the prior 33 months.

The table below shows SPSC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	431.613	107.808	51.984
2022-06-30	415.014	95.02	47.57
2022-03-31	400.375	95.635	47
2021-12-31	385.276	112.893	44.597
2021-09-30	365.828	104.601	45.302
2021-06-30	347.498	106.425	45.26

SPSC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SPSC has a Quality Grade of B, ranking ahead of 81.11% of graded US stocks.
• SPSC's asset turnover comes in at 0.653 -- ranking 248th of 563 Business Services stocks.
• WLDN, ADS, and VSEC are the stocks whose asset turnover ratios are most correlated with SPSC.

The table below shows SPSC's key quality metrics over time.