AIOT vs VIA vs SPSC Stock Comparison

Powerfleet, Via Transportation and Sps Commerce Prices as of Nov 3, 2026 Peers: Industry group
AIOT Powerfleet, Inc.
$2.76 -1.8% 1M -45.7% 1Y
Market cap
$379.70M
P/E
–
Revenue (TTM)
$450.45M
Div. yield
–
Supply Chain Software Technology
VIA Via Transportation, Inc.
$36.47 +24.5% 1M -32.4% 1Y
Market cap
$3.20B
P/E
–
Revenue (TTM)
$491.70M
Div. yield
–
Supply Chain Software Technology
2 wins
SPSC Sps Commerce Inc
$85.25 +3.5% 1M +3.3% 1Y
Market cap
$3.06B
P/E
36.8x
Revenue (TTM)
$780.24M
Div. yield
–
Supply Chain Software Technology
5 wins

Head to Head

7 decided of 12

Sps Commerce leads on 5 of the 12 questions below (Sps Commerce 5, Via Transportation 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAIOTVIASPSCLeader
Larger companyMarket capitalisation $379.70M $3.20B $3.06B VIA
Cheaper on earningsLower P/E, profitable companies only -20.2x -32.5x 36.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 17.8x –
Faster revenue growthRevenue growth, trailing twelve months +24.1% +29.1% +6.9% VIA
More profitableNet margin, trailing twelve months -4.2% -20.0% 10.7% 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 -45.7% -32.4% +3.3% SPSC
Better 5-year returnAnnualised price return, 5 years -16.5%/yr — -10.6%/yr SPSC
Less volatileAnnualised volatility, 1 year 67.2% 70.6% 41.9% SPSC
Higher overall scoreMean of the five percentile scores vs peers 66/100 42/100 72/100 SPSC

Percentile Scorecard

AIOTVIASPSC

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

AxisAIOTVIASPSC
Valuation 88 #12 of 89 23 #69 of 89 71 #27 of 89
Growth 95 #5 of 82 73 #23 of 82 51 #41 of 82
Profitability 52 #38 of 78 29 #56 of 78 82 #15 of 78
Financial Health 31 #66 of 95 87 #13 of 95 80 #20 of 95
Shareholder Returns – 0 #53 of 53 79 #12 of 53
Overall 66 42 72
  • AIOT ranked among 98 companies in Vertical Software
  • VIA ranked among 98 companies in Vertical Software
  • SPSC ranked among 98 companies in Vertical Software

Price Performance

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

Returns

PeriodAIOTVIASPSCSPY
1 month -1.8%+24.5%+3.5% -2.0%
3 months -35.7%+66.5%+14.8% -2.2%
6 months -17.1%+120.1%+46.0% +4.2%
Year to date -48.1%+25.7%-4.4% +10.6%
1 year -45.7%-32.4%+3.3% +10.4%
3 years +53.3%—-48.8% +73.6%
3 years, per year +15.3%—-20.0% +20.2%
5 years -59.4%—-42.9% +61.6%
5 years, per year -16.5%—-10.6% +10.1%
10 years -44.9%—+175.2% +261.3%
10 years, per year -5.8%—+10.7% +13.7%

Risk

MeasureAIOTVIASPSCSPY
Volatility, 1Y 67.2%70.6%41.9% 12.8%
Downside volatility, 1Y 76.3%79.0%44.0% 12.8%
Beta vs S&P 500, 1Y 2.071.090.41 1.00
Return / volatility, 1Y -0.68-0.460.08 0.81
Max drawdown, 5Y -74.5%-75.3%-76.8% -25.4%
From 52-week high -51.2%-32.4%-10.7% -3.2%
52-week high $5.65$53.93$95.48 $779.14
52-week low $2.39$13.31$49.91 $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.

MultipleAIOTVIASPSC
P/E now vs peer median -19.7xmedian 39.6x -30.1xmedian 39.6x 36.8xmedian 39.6x
P/S now vs peer median 0.8xmedian 2.5x 6.0xmedian 2.5x 3.9xmedian 2.5x
EV/EBITDA now vs peer median 7.5xmedian 19.2x -33.7xmedian 19.2x 16.8xmedian 19.2x
P/FCF now vs peer median 23.4xmedian 20.1x -70.4xmedian 20.1x 15.0xmedian 20.1x
P/B now vs peer median 0.8xmedian 1.8x 4.8xmedian 1.8x 3.3xmedian 1.8x
PEG now vs peer median -0.73median 1.53 —median 1.53 3.29median 1.53

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 monthsAIOTVIASPSC
Revenue $450.45M $491.70M $780.24M
Gross profit $251.10M $195.70M $547.93M
Operating income $21.89M -$88.62M $107.59M
Net income -$18.76M -$98.53M $83.12M
Free cash flow $15.81M -$42.19M $202.64M
R&D $17.86M $98.91M $68.11M
EPS (diluted) $-0.14 $-1.21 $2.30
Cash & equivalents $32.82M $335.92M $153.82M
Total debt $278.39M – –
Shares (diluted) 134.17M 81.34M 36.21M
Enterprise value $251.27M $1.77B $2.40B

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
MetricAIOTVIASPSC
P/E -19.7x -30.1x 36.8x
P/FCF 23.4x -70.4x 15.0x
P/Operating cash flow 10.8x -72.8x 13.1x
P/S 0.8x 6.0x 3.9x
P/B 0.8x 4.8x 3.3x
P/Tangible book 1.6x 5.1x 3.9x
EV/EBITDA 7.5x -33.7x 16.8x
EV/EBIT 28.1x -29.7x 26.5x
EV/Revenue 1.4x 5.4x 3.7x
EV/FCF 39.0x -62.4x 14.1x
EV/Operating cash flow 18.0x -64.5x 12.3x
PEG (3Y EPS CAGR) -0.73 – 3.29

Growth

14 metrics
MetricAIOTVIASPSC
Revenue growth (1Y) 24.1% 29.1% 6.9%
Revenue CAGR (3Y) 50.2% – 14.9%
Gross profit growth (1Y) 27.9% 29.8% 9.7%
Gross profit CAGR (3Y) 55.5% – 17.3%
Operating income growth (1Y) 204.5% -25.0% -0.7%
Operating income CAGR (3Y) 71.0% – 13.6%
Net income growth (1Y) 61.6% -26.7% -2.3%
Net income CAGR (3Y) -132.3% – 9.8%
EPS growth (1Y) 61.8% 80.0% 2.5%
EPS CAGR (3Y) 27.1% – 11.2%
Operating cash flow growth (1Y) 16,575% – 33.5%
Operating cash flow CAGR (3Y) 94.6% – 23.4%
Free cash flow growth (1Y) 206.1% – 36.6%
Free cash flow CAGR (3Y) 145.4% – 25.9%

Profitability

14 metrics
MetricAIOTVIASPSC
Gross margin 55.7% 39.8% 70.2%
EBITDA margin 18.3% -15.9% 21.7%
Operating margin 4.9% -18.0% 13.8%
Pretax margin -1.8% -19.7% 14.6%
Net margin -4.2% -20.0% 10.7%
FCF margin 3.5% -8.6% 26.0%
Operating cash flow margin 7.6% -8.3% 29.7%
Return on equity -3.7% -15.9% 8.9%
Return on assets -1.9% -13.7% 7.4%
Return on invested capital 2.9% – –
Return on capital employed 2.7% -14.1% 11.0%
Asset turnover 0.5x 0.7x 0.7x
Cash conversion (OCF / net income) -1.8x 0.4x 2.8x
Stock comp / revenue 2.0% 10.7% 8.1%

Financial Health

11 metrics
MetricAIOTVIASPSC
Debt / assets 28.9% – –
Debt / equity 0.6x – –
Net debt / EBITDA 3.0x – –
Debt / FCF 17.6x – –
Liabilities / assets 49.9% 13.9% 17.6%
Equity / assets 50.1% 86.1% 82.4%
Interest coverage 0.8x -29.3x –
Current ratio 1.1x 5.0x 2.3x
Quick ratio 0.8x 4.9x 1.6x
Cash ratio 0.2x 3.7x 1.2x
Altman Z-score 0.68 16.31 10.92

Shareholder Returns

7 metrics
MetricAIOTVIASPSC
Dividend yield – – –
Net buyback yield – -12.8% 5.3%
Shareholder yield – -12.8% 5.3%
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.

ConsensusAIOTVIASPSC
Forward P/E – – 17.8xFY2026
EPS, next fiscal year $-0.06FY2026 $-0.04FY2026 $4.79FY2026
EPS growth, next FY – – +12.2%FY2026
EPS growth, the year after – – +5.0%
Revenue, next fiscal year $491.24MFY2026 $564.79MFY2026 $743.49MFY2026
Revenue growth, next FY +10.7%FY2026 +30.0%FY2026 -1.1%FY2026
Revenue growth, the year after +0.3% +26.0% +8.2%

Institutional Ownership

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

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.

AIOTVIASPSC
AIOT 1.00 0.20 0.26
VIA 0.20 1.00 0.47
SPSC 0.26 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AIOT, VIA and SPSC?

Via Transportation (VIA) is the largest by market capitalisation: Powerfleet (AIOT) $379.70M, Via Transportation (VIA) $3.20B, Sps Commerce (SPSC) $3.06B.

Which company is growing faster?

Via Transportation (VIA) grew revenue fastest over the trailing twelve months: Powerfleet (AIOT) +24.1%, Via Transportation (VIA) +29.1%, Sps Commerce (SPSC) +6.9%.

Which company is more profitable?

Sps Commerce (SPSC) has the highest net margin (Powerfleet (AIOT) -4.2%, Via Transportation (VIA) -20.0%, Sps Commerce (SPSC) 10.7%).

Which stock has performed better?

Over the past year Sps Commerce (SPSC) returned the most: Powerfleet (AIOT) -45.7%, Via Transportation (VIA) -32.4%, Sps Commerce (SPSC) +3.3%. Over five years, Sps Commerce (SPSC) compounded fastest (Powerfleet (AIOT) -16.5%/yr, Sps Commerce (SPSC) -10.6%/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) 67.2%, Via Transportation (VIA) 70.6%, Sps Commerce (SPSC) 41.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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 5. 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.