Intrinsiqs

Is SPS Commerce, Inc. overvalued?

SPS Commerce, Inc. (SPSC) looks undervalued — trading about 148% below its fair value.

Undervalued
Current price $79.40 Fair value $196.65
Price
$79.40
Fair value
$196.65
Current P/E
18.2
Normal P/E
45.0
Market cap
$2.86B
Dividend yield
0.0%
Return on equity
8.1%
Sector
Technology

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Fair value compares SPSC's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.