Logo image of TCX

TUCOWS INC-CLASS A (TCX) Stock Fundamental Analysis

USA - NASDAQ:TCX - US8986972060 - Common Stock

20.64 USD
-0.26 (-1.24%)
Last: 11/14/2025, 3:33:59 PM
Fundamental Rating

1

We assign a fundamental rating of 1 out of 10 to TCX. TCX was compared to 84 industry peers in the IT Services industry. Both the profitability and financial health of TCX have multiple concerns. TCX does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

TCX had negative earnings in the past year.
TCX had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TCX reported negative net income in multiple years.
In multiple years TCX reported negative operating cash flow during the last 5 years.
TCX Yearly Net Income VS EBIT VS OCF VS FCFTCX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M

1.2 Ratios

Looking at the Return On Assets, with a value of -12.87%, TCX is doing worse than 78.57% of the companies in the same industry.
Industry RankSector Rank
ROA -12.87%
ROE N/A
ROIC N/A
ROA(3y)-10.23%
ROA(5y)-5.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TCX Yearly ROA, ROE, ROICTCX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800

1.3 Margins

Looking at the Gross Margin, with a value of 24.05%, TCX is doing worse than 73.81% of the companies in the same industry.
In the last couple of years the Gross Margin of TCX has declined.
The Profit Margin and Operating Margin are not available for TCX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 24.05%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.31%
GM growth 5Y-4.85%
TCX Yearly Profit, Operating, Gross MarginsTCX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

More info and screens

1

2. Health

2.1 Basic Checks

TCX does not have a ROIC to compare to the WACC, probably because it is not profitable.
TCX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TCX has more shares outstanding
Compared to 1 year ago, TCX has a worse debt to assets ratio.
TCX Yearly Shares OutstandingTCX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
TCX Yearly Total Debt VS Total AssetsTCX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

TCX has an Altman-Z score of 0.27. This is a bad value and indicates that TCX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.27, TCX is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z 0.27
ROIC/WACCN/A
WACC7.98%
TCX Yearly LT Debt VS Equity VS FCFTCX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 1.06 indicates that TCX should not have too much problems paying its short term obligations.
TCX has a Current ratio of 1.06. This is in the lower half of the industry: TCX underperforms 73.81% of its industry peers.
TCX has a Quick Ratio of 1.06. This is a normal value and indicates that TCX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.06, TCX is not doing good in the industry: 72.62% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 1.06
TCX Yearly Current Assets VS Current LiabilitesTCX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

1

3. Growth

3.1 Past

TCX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.09%, which is quite impressive.
The Revenue has been growing slightly by 6.76% in the past year.
Measured over the past years, TCX shows a small growth in Revenue. The Revenue has been growing by 1.45% on average per year.
EPS 1Y (TTM)32.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30.05%
Revenue 1Y (TTM)6.76%
Revenue growth 3Y5.99%
Revenue growth 5Y1.45%
Sales Q2Q%6.78%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
TCX Yearly Revenue VS EstimatesTCX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
TCX Yearly EPS VS EstimatesTCX Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2023 2024 0 -2 -4 -6

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

TCX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TCX Price Earnings VS Forward Price EarningsTCX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

TCX's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 26.49
TCX Per share dataTCX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for TCX!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

TUCOWS INC-CLASS A

NASDAQ:TCX (11/14/2025, 3:33:59 PM)

20.64

-0.26 (-1.24%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-11 2026-02-11/amc
Inst Owners65.3%
Inst Owner Change0.63%
Ins Owners19.86%
Ins Owner Change-0.35%
Market Cap228.28M
Revenue(TTM)362.27M
Net Income(TTM)-95.54M
Analysts45
Price TargetN/A
Short Float %6.52%
Short Ratio35.53
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.6
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA 26.49
EPS(TTM)-5.63
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-4.44
FCFYN/A
OCF(TTM)-1.27
OCFYN/A
SpS34.22
BVpS-11
TBVpS-24.77
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -12.87%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 24.05%
FCFM N/A
ROA(3y)-10.23%
ROA(5y)-5.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.31%
GM growth 5Y-4.85%
F-Score4
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA 20.43
Cap/Depr 76.44%
Cap/Sales 9.27%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.06
Quick Ratio 1.06
Altman-Z 0.27
F-Score4
WACC7.98%
ROIC/WACCN/A
Cap/Depr(3y)221.32%
Cap/Depr(5y)222.02%
Cap/Sales(3y)28.43%
Cap/Sales(5y)24.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30.05%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.76%
Revenue growth 3Y5.99%
Revenue growth 5Y1.45%
Sales Q2Q%6.78%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y69.01%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y65.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-184.29%
OCF growth 3YN/A
OCF growth 5YN/A

TUCOWS INC-CLASS A / TCX FAQ

Can you provide the ChartMill fundamental rating for TUCOWS INC-CLASS A?

ChartMill assigns a fundamental rating of 1 / 10 to TCX.


What is the valuation status of TUCOWS INC-CLASS A (TCX) stock?

ChartMill assigns a valuation rating of 0 / 10 to TUCOWS INC-CLASS A (TCX). This can be considered as Overvalued.


Can you provide the profitability details for TUCOWS INC-CLASS A?

TUCOWS INC-CLASS A (TCX) has a profitability rating of 1 / 10.