AIOT vs SPSC vs VIA Stock Comparison

Powerfleet, Sps Commerce and Via Transportation Prices as of Oct 27, 2026 Peers: Industry group
AIOT Powerfleet, Inc.
$2.69 -3.9% 1M -50.7% 1Y
Market cap
$358.23M
P/E
–
Revenue (TTM)
$450.45M
Div. yield
–
Supply Chain Software Technology
SPSC Sps Commerce Inc
$86.24 +6.1% 1M -22.3% 1Y
Market cap
$3.16B
P/E
40.5x
Revenue (TTM)
$772.49M
Div. yield
–
Supply Chain Software Technology
6 wins
VIA Via Transportation, Inc.
$35.98 +22.3% 1M -30.6% 1Y
Market cap
$2.99B
P/E
–
Revenue (TTM)
$491.70M
Div. yield
–
Supply Chain Software Technology
1 win

Head to Head

7 decided of 12

Sps Commerce leads on 6 of the 12 questions below (Sps Commerce 6, Via Transportation 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAIOTSPSCVIALeader
Larger companyMarket capitalisation $358.23M $3.16B $2.99B SPSC
Cheaper on earningsLower P/E, profitable companies only -19.1x 40.5x -30.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.0x — –
Faster revenue growthRevenue growth, trailing twelve months +24.1% +9.8% +29.1% VIA
More profitableNet margin, trailing twelve months -4.2% 10.1% -20.0% SPSC
Better return on capitalReturn on invested capital 2.9% — — –
Less leveragedLower net debt / EBITDA 3.0x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -50.7% -22.3% -30.6% SPSC
Better 5-year returnAnnualised price return, 5 years -16.6%/yr -13.0%/yr — SPSC
Less volatileAnnualised volatility, 1 year 66.8% 48.0% 70.6% SPSC
Higher overall scoreMean of the five percentile scores vs peers 65/100 72/100 42/100 SPSC

Percentile Scorecard

AIOTSPSCVIA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAIOTSPSCVIA
Valuation 85 #14 of 89 68 #29 of 89 23 #69 of 89
Growth 96 #4 of 81 53 #39 of 81 70 #25 of 81
Profitability 52 #37 of 76 84 #13 of 76 29 #54 of 76
Financial Health 28 #68 of 94 77 #22 of 94 86 #14 of 94
Shareholder Returns – 78 #12 of 51 0 #51 of 51
Overall 65 72 42
  • AIOT ranked among 98 companies in Vertical Software
  • SPSC ranked among 98 companies in Vertical Software
  • VIA ranked among 98 companies in Vertical Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAIOTSPSCVIASPY
1 month -3.9%+6.1%+22.3% -0.2%
3 months -31.2%+25.9%+74.7% +3.9%
6 months -12.9%+56.0%+133.6% +8.2%
Year to date -49.4%-3.2%+24.0% +12.9%
1 year -50.7%-22.3%-30.6% +12.3%
3 years +46.2%-44.1%— +87.4%
3 years, per year +13.5%-17.6%— +23.3%
5 years -59.7%-50.2%— +67.9%
5 years, per year -16.6%-13.0%— +10.9%
10 years -48.6%+154.5%— +261.1%
10 years, per year -6.4%+9.8%— +13.7%

Risk

MeasureAIOTSPSCVIASPY
Volatility, 1Y 66.8%48.0%70.6% 12.7%
Downside volatility, 1Y 75.3%55.3%79.6% 12.7%
Beta vs S&P 500, 1Y 2.170.351.12 1.00
Return / volatility, 1Y -0.76-0.46-0.43 0.97
Max drawdown, 5Y -75.8%-76.8%-75.3% -25.4%
From 52-week high -52.4%-22.3%-33.3% -1.2%
52-week high $5.65$111.00$53.93 $779.14
52-week low $2.39$49.91$13.31 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAIOTSPSCVIA
P/E now vs peer median -19.2xmedian 40.1x 40.4xmedian 40.1x -29.7xmedian 40.1x
P/S now vs peer median 0.8xmedian 2.5x 4.0xmedian 2.5x 6.0xmedian 2.5x
EV/EBITDA now vs peer median 7.4xmedian 18.5x 18.5xmedian 18.5x -33.2xmedian 18.5x
P/FCF now vs peer median 22.8xmedian 20.1x 15.7xmedian 20.1x -69.5xmedian 20.1x
P/B now vs peer median 0.7xmedian 1.8x 3.3xmedian 1.8x 4.7xmedian 1.8x
PEG now vs peer median -0.71median 1.73 4.52median 1.73 —median 1.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAIOTSPSCVIA
Revenue $450.45M $772.49M $491.70M
Gross profit $251.10M $539.36M $195.70M
Operating income $21.89M $98.85M -$88.62M
Net income -$18.76M $78.00M -$98.53M
Free cash flow $15.81M $198.70M -$42.19M
R&D $17.86M $68.84M $98.91M
EPS (diluted) $-0.14 $2.13 $-1.21
Cash & equivalents $32.82M $173.17M $335.92M
Total debt $278.39M – –
Shares (diluted) 134.17M 36.58M 81.34M
Enterprise value $229.80M $2.54B $1.56B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAIOTSPSCVIA
P/E -19.2x 40.4x -29.7x
P/FCF 22.8x 15.7x -69.5x
P/Operating cash flow 10.6x 13.7x -71.8x
P/S 0.8x 4.0x 6.0x
P/B 0.7x 3.3x 4.7x
P/Tangible book 1.6x 4.1x 5.0x
EV/EBITDA 7.4x 18.5x -33.2x
EV/EBIT 27.7x 29.8x -29.3x
EV/Revenue 1.3x 3.8x 5.3x
EV/FCF 38.4x 14.8x -61.5x
EV/Operating cash flow 17.7x 12.9x -63.5x
PEG (3Y EPS CAGR) -0.71 4.52 –

Growth

14 metrics
MetricAIOTSPSCVIA
Revenue growth (1Y) 24.1% 9.8% 29.1%
Revenue CAGR (3Y) 50.2% 16.2% –
Gross profit growth (1Y) 27.9% 12.5% 29.8%
Gross profit CAGR (3Y) 55.5% 18.4% –
Operating income growth (1Y) 204.5% -3.8% -25.0%
Operating income CAGR (3Y) 71.0% 10.9% –
Net income growth (1Y) 61.6% -6.0% -26.7%
Net income CAGR (3Y) -132.3% 8.1% –
EPS growth (1Y) 61.8% -2.0% 80.0%
EPS CAGR (3Y) 27.1% 8.9% –
Operating cash flow growth (1Y) 16,575% 37.3% –
Operating cash flow CAGR (3Y) 94.6% 24.3% –
Free cash flow growth (1Y) 206.1% 40.0% –
Free cash flow CAGR (3Y) 145.4% 26.8% –

Profitability

14 metrics
MetricAIOTSPSCVIA
Gross margin 55.7% 69.8% 39.8%
EBITDA margin 18.3% 20.7% -15.9%
Operating margin 4.9% 12.8% -18.0%
Pretax margin -1.8% 13.6% -19.7%
Net margin -4.2% 10.1% -20.0%
FCF margin 3.5% 25.7% -8.6%
Operating cash flow margin 7.6% 29.5% -8.3%
Return on equity -3.7% 8.2% -15.9%
Return on assets -1.9% 6.8% -13.7%
Return on invested capital 2.9% – –
Return on capital employed 2.7% 9.9% -14.1%
Asset turnover 0.5x 0.7x 0.7x
Cash conversion (OCF / net income) -1.8x 2.9x 0.4x
Stock comp / revenue 2.0% 8.0% 10.7%

Financial Health

11 metrics
MetricAIOTSPSCVIA
Debt / assets 28.9% – –
Debt / equity 0.6x – –
Net debt / EBITDA 3.0x – –
Debt / FCF 17.6x – –
Liabilities / assets 49.9% 16.6% 13.9%
Equity / assets 50.1% 83.4% 86.1%
Interest coverage 0.8x – -29.3x
Current ratio 1.1x 2.3x 5.0x
Quick ratio 0.8x 1.6x 4.9x
Cash ratio 0.2x 1.2x 3.7x
Altman Z-score 0.67 11.76 16.07

Shareholder Returns

7 metrics
MetricAIOTSPSCVIA
Dividend yield – – –
Net buyback yield – 4.6% -13.0%
Shareholder yield – 4.6% -13.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAIOTSPSCVIA
Forward P/E – 18.0xFY2026 –
EPS, next fiscal year $-0.06FY2026 $4.79FY2026 $-0.04FY2026
EPS growth, next FY – +12.2%FY2026 –
EPS growth, the year after – +5.0% –
Revenue, next fiscal year $491.24MFY2026 $743.49MFY2026 $564.79MFY2026
Revenue growth, next FY +10.7%FY2026 -1.1%FY2026 +30.0%FY2026
Revenue growth, the year after +0.3% +8.2% +26.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAIOTSPSCVIA
Held by institutions 85.4% 100.0% 59.3%
Institutions holding 181 319 128
Change in shares held, QoQ -2.5% +2.3% +19.9%
Institutions buying 106 178 90
Institutions selling 53 109 20
Buyers to sellers 2.00 1.63 4.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AIOTSPSCVIA
AIOT 1.00 0.21 0.21
SPSC 0.21 1.00 0.40
VIA 0.21 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AIOT, SPSC and VIA?

Sps Commerce (SPSC) is the largest by market capitalisation: Powerfleet (AIOT) $358.23M, Sps Commerce (SPSC) $3.16B, Via Transportation (VIA) $2.99B.

Which company is growing faster?

Via Transportation (VIA) grew revenue fastest over the trailing twelve months: Powerfleet (AIOT) +24.1%, Sps Commerce (SPSC) +9.8%, Via Transportation (VIA) +29.1%.

Which company is more profitable?

Sps Commerce (SPSC) has the highest net margin (Powerfleet (AIOT) -4.2%, Sps Commerce (SPSC) 10.1%, Via Transportation (VIA) -20.0%).

Which stock has performed better?

Over the past year Sps Commerce (SPSC) returned the most: Powerfleet (AIOT) -50.7%, Sps Commerce (SPSC) -22.3%, Via Transportation (VIA) -30.6%. Over five years, Sps Commerce (SPSC) compounded fastest (Powerfleet (AIOT) -16.6%/yr, Sps Commerce (SPSC) -13.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sps Commerce (SPSC) has been the steadiest (Powerfleet (AIOT) 66.8%, Sps Commerce (SPSC) 48.0%, Via Transportation (VIA) 70.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AIOT, SPSC and VIA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sps Commerce (SPSC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.