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Added to YB: 2026-01-14

Pitch date: 2026-01-12

SPSC [neutral]

SPS Commerce, Inc.

-4.11%

current return

Author Info

Benevolus is a value investor that takes value wherever they can find it. Most of their positions are long microcap equities. Sign up for the newsletter.

Company Info

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. The company offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, manufacturers, distributors, and logistics firm; and manages omnichannel, supply chain, and other business requirements.

Market Cap

$3.6B

Pitch Price

$95.94

Price Target

N/A

Dividend

N/A

EV/EBITDA

20.23

P/E

42.62

EV/Sales

4.76

Sector

Software

Category

growth

Show full summary:
5 Interesting Minnesota-Based Companies - SPS Commerce, Inc.

SPSC (quick overview): Supply chain mgmt platform w/ 20% annual earnings growth, trades at 20x PE (1.0 PEG). Quality compounder like Ameriprise, attractive PE acquisition target. Fairly priced but not cheap enough currently. Boring but likely solid long-term performer.

Read full article (1 min)