SPS Commerce, Inc.

SPSC US Information Technology Application Software
S&P 600
$82.68
+7.06%
Delayed · cached 15 min

Fair value analysis

SPSC
SPS Commerce, Inc.
Information TechnologyApplication Software
$82.68
Close used for this calculation
$59.30Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
48/100
Profitability21/25
Returns4/25
Balance Sheet15/25
Efficiency8/25
Growth12/25
Average
Quality radar
48Prof.21/25Ret.4/25Eff.8/25B.Sht15/25Growth12/25

Consensus fair value

$59.30
Above FV
▼ -28.3% against the close used
Model range $25.36 – $79.66
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear$25.36Fair value$59.30Bull$79.66
FairClose
52-week traded range
52W low $49.9152W high $113.04

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

SPS Commerce, Inc. closed at $82.68, 39.4% above the consensus fair value of $59.30 drawn from 8 valuation models.

Financial DNA score 48/100 — Average. P/E of 33.6x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
$79.66
-3.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
$37.70
-54.4%
√(22.5 × EPS × BVPS)
EPS=2.46, BVPS=25.68 · outside Graham range (P/E 33.6, P/B 3.2) — asset-light, treat as a rough floor
P/E Fair Value
$49.20
-40.5%
EPS × 20x (sector P/E)
EPS=2.46, Sector P/E=20x
Peter Lynch (PEG)
$69.37
-16.1%
EPS × Growth% (PEG = 1 is fair)
EPS=2.46, g=28.2%
EV/EBITDA
$66.13
-20.0%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=139.39M
Book Value (P/B)
$25.36
-69.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=25.68, ROE=10%, g=6%, r=10%
Reverse DCF
$82.68
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 14.1% | Historical: 28.2%
Margin of Safety
$41.64
-49.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=55.52, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.