D/E 0.01 — least levered decile in Technology (≈10th pctile)
P/E25.5xB+
P/E 25.5 — below the Technology median (≈40th pctile)
PEG4.55D
PEG 4.55 — very expensive; pricing in best-case scenarios
Forward price target — the 1-year figure is the analyst consensus where the stock is covered; the 5- and 10-year figures compound our earnings estimate from there. The DCF below is a separate cross-check on intrinsic value (what it's worth today), not another target.
Quality-growth score · 72.8
Quality0.75
Growth0.96
Value0.54
Why this score
Buying back stock
Entry · Margin of safety
52-week rangeNear 52-week low
57% off the 12-month high
vs DCF fair value49% belowest. fair value ~$120
Quality signals · context only
Gross profitability45% · A-gross profit ÷ total assets (Novy-Marx)
ROIC9.6% · Breturn on invested capital — not score-weighted
Why now
Software - Application · market cap $2.3b. Down 57% from 52-week high of $143.55 — deep drawdown territory. Revenue growing +18%, comfortably above the S&P median. 11 sell-side analysts rate this a Hold with a mean 1-yr target of $68.09 (implying +11% upside).
Moat
FCF converts 184% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
Risk
Down 57% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. SaaS displacement — recurring revenue is sticky in good times but accelerates in churn during a downturn as customers consolidate vendors and renegotiate seat counts.
Horizon
1-3 yr $68.09 (11-analyst consensus) — fundamentals + valuation re-rating. 5 yr $99.69 at ~10% CAGR — compounding case rests on the competitive position widening. 10 yr $147.89 if current growth sustains into durable earnings power.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Score history · SPSC
Trend
-0.3 over 14 daily scores
From 73.1 (Jun 22) → 72.8 (now)
One point per daily model run. The range autoscales, so a flat-looking line can still hide 1–2 point moves — read the From → To values for the actual range.
Position sizing · SPSC
$
%
%
Shares to buy
32
Position size
$1,967
3.9% of portfolio
Stop price
$46.11
25% below $61.48
$ at risk if stopped
$491.84
budget $500.00 · 1% of portfolio
Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.
SPS Commerce, Inc. (SPSC): score, valuation & FAQ
SPS Commerce, Inc. (SPSC) is a Software - Application company that scores 72.8 out of 100 on the Bull Rankings quality-growth model — a solid, above-average reading. The score blends three pillars — quality (durable returns, healthy margins, low leverage), growth (revenue and earnings), and value (valuation versus sector peers) — into one number, refreshed daily; it is a screen, not a buy recommendation.
Its strongest graded signals are D/E (A), Rev (B+) and P/E (B+), while PEG (D) rate weaker. On valuation, SPSC sits about 49% below our discounted-cash-flow fair value (a margin of safety).
Is SPSC a good stock to buy?
Bull Rankings scores SPSC 72.8 out of 100 on its quality-growth model, which is a solid, above-average reading. That is driven by D/E (A), Rev (B+) and P/E (B+). A score is a quantitative screen of SPS Commerce, Inc.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.
Why does SPSC score 72.8 on Bull Rankings?
The quality-growth score blends three pillars — quality (returns on capital, margins, leverage, earnings quality), growth (revenue and earnings expansion), and value (valuation versus sector peers). SPSC earns its highest marks on D/E (A), Rev (B+) and P/E (B+), and is held back by PEG (D). Each pillar is graded against sector-aware thresholds, then combined into the single 0–100 score.
Is SPSC overvalued or undervalued?
Based on $61.48, SPSC sits about 49% below our discounted-cash-flow fair value (a margin of safety). It trades at a 25.5x× P/E (graded B+). Discounted-cash-flow estimates are sensitive to growth and discount-rate assumptions, so treat this as a cross-check, not a price target.
What are the main risks of investing in SPSC?
Down 57% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. SaaS displacement — recurring revenue is sticky in good times but accelerates in churn during a downturn as customers consolidate vendors and renegotiate seat counts.
Bull Rankings is an automated fundamentals screen for research and education. It is not investment advice, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a licensed financial adviser.