Market Cap
US$832.7m
Last Updated
2021/05/17 22:37 UTC
Data Sources
Company Financials
Executive Summary
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Tucows's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TCX's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.8%
TCX
-0.7%
US IT
-0.6%
US Market
1 Year Return
35.1%
TCX
34.7%
US IT
46.0%
US Market
Return vs Industry: TCX underperformed the US IT industry which returned 39% over the past year.
Return vs Market: TCX underperformed the US Market which returned 50.8% over the past year.
Shareholder returns
| TCX | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | -0.7% | -0.6% |
| 30 Day | -2.1% | -5.5% | -1.8% |
| 90 Day | -2.5% | -4.8% | 0.2% |
| 1 Year | 35.1%35.1% | 35.9%34.7% | 48.4%46.0% |
| 3 Year | 24.2%24.2% | 89.6%82.9% | 60.5%50.4% |
| 5 Year | 240.5%240.5% | 200.2%179.7% | 125.9%100.9% |
Long-Term Price Volatility Vs. Market
How volatile is Tucows's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Miss Tucows' (NASDAQ:TCX) Impressive 222% Share Price Gain?4 weeks ago | Simply Wall St
Be Wary Of Tucows (NASDAQ:TCX) And Its Returns On Capital1 month ago | Simply Wall St
Tucows (NASDAQ:TCX) Takes On Some Risk With Its Use Of DebtValuation
Is Tucows undervalued compared to its fair value and its price relative to the market?
163.11x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TCX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TCX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TCX is poor value based on its PE Ratio (163.1x) compared to the US IT industry average (34.6x).
PE vs Market: TCX is poor value based on its PE Ratio (163.1x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TCX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCX is overvalued based on its PB Ratio (7.8x) compared to the US IT industry average (4.8x).
Future Growth
How is Tucows forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.3%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tucows has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Tucows performed over the past 5 years?
-9.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCX has a large one-off gain of $9.9M impacting its March 31 2021 financial results.
Growing Profit Margin: TCX's current net profit margins (1.7%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: TCX's earnings have declined by 9.1% per year over the past 5 years.
Accelerating Growth: TCX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TCX had negative earnings growth (-67%) over the past year, making it difficult to compare to the IT industry average (19.1%).
Return on Equity
High ROE: TCX's Return on Equity (4.7%) is considered low.
Financial Health
How is Tucows's financial position?
Financial Position Analysis
Short Term Liabilities: TCX's short term assets ($142.1M) do not cover its short term liabilities ($172.1M).
Long Term Liabilities: TCX's short term assets ($142.1M) do not cover its long term liabilities ($184.6M).
Debt to Equity History and Analysis
Debt Level: TCX's debt to equity ratio (113.4%) is considered high.
Reducing Debt: TCX's debt to equity ratio has increased from 28.3% to 113.4% over the past 5 years.
Debt Coverage: TCX's debt is well covered by operating cash flow (29.6%).
Interest Coverage: TCX's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
Dividend
What is Tucows's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Elliot Noss (57 yo)
22yrs
Tenure
US$662,016
Compensation
Mr. Elliot Noss has been the Chief Executive Officer and President of Tucows Inc. since May 1999. Mr. Noss has been a leader in the Internet industry for many years. From May 1999 to August 2001, he served...
CEO Compensation Analysis
Compensation vs Market: Elliot's total compensation ($USD662.02K) is below average for companies of similar size in the US market ($USD2.46M).
Compensation vs Earnings: Elliot's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: TCX's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: TCX's board of directors are seasoned and experienced ( 14 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tucows Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tucows Inc.
- Ticker: TCX
- Exchange: NasdaqCM
- Founded: 1992
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: US$832.742m
- Shares outstanding: 10.62m
- Website: https://www.tucows.com
Number of Employees
Location
- Tucows Inc.
- 96 Mowat Avenue
- Toronto
- Ontario
- M6K 3M1
- Canada
Listings
Biography
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through two segments, Network Acces...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/17 22:37 |
| End of Day Share Price | 2021/05/17 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.