DAO vs DCBO vs RYET Stock Comparison

Youdao, Docebo and Ruanyun Edai Technology Prices as of Oct 26, 2026 Peers: Industry group
DAO Youdao, Inc.
$19.21 +29.8% 1M +75.1% 1Y
Market cap
$4.70B
P/E
95.3x
Revenue (TTM)
$864.12M
Div. yield
–
Education Technology Technology
3 wins
DCBO Docebo Inc.
$30.45 +33.3% 1M +7.9% 1Y
Market cap
$875.35M
P/E
43.7x
Revenue (TTM)
$258.93M
Div. yield
–
Education Technology Technology
6 wins

Head to Head

9 decided of 12

Docebo leads on 6 of the 12 questions below (Docebo 6, Youdao 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDAODCBORYETLeader
Larger companyMarket capitalisation $4.70B $875.35M $23.82M DAO
Cheaper on earningsLower P/E, profitable companies only 95.3x 43.7x -4.7x DCBO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 83.5x 19.4x — DCBO
Faster revenue growthRevenue growth, trailing twelve months +10.2% +12.3% — DCBO
More profitableNet margin, trailing twelve months 2.8% 7.7% — DCBO
Better return on capitalReturn on invested capital — 21.9% — –
Less leveragedLower net debt / EBITDA — 1.8x — –
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +75.1% +7.9% -41.7% DAO
Better 5-year returnAnnualised price return, 5 years +9.3%/yr -17.0%/yr — DAO
Less volatileAnnualised volatility, 1 year 60.3% 58.1% 84.6% DCBO
Higher overall scoreMean of the five percentile scores vs peers 47/100 62/100 — DCBO

Percentile Scorecard

DAODCBORYET

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

AxisDAODCBORYET
Valuation 44 #25 of 44 58 #19 of 44 19 #36 of 44
Growth 53 #18 of 37 92 #4 of 37 –
Profitability 74 #9 of 32 84 #6 of 32 –
Financial Health 17 #41 of 49 29 #35 of 49 27 #36 of 49
Shareholder Returns – 46 #8 of 14 –
Overall 47 62 –
  • DAO ranked among 51 companies in Vertical Software
  • DCBO ranked among 51 companies in Vertical Software
  • RYET ranked among 51 companies in Vertical Software

Price Performance

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

Returns

PeriodDAODCBORYETSPY
1 month +29.8%+33.3%-22.1% -0.8%
3 months +20.4%+51.0%-33.7% +3.5%
6 months +75.0%+63.7%-42.2% +7.0%
Year to date +90.6%+37.2%-38.0% +12.2%
1 year +75.1%+7.9%-41.7% +13.0%
3 years +382.7%-18.3%— +86.3%
3 years, per year +69.1%-6.5%— +23.1%
5 years +56.1%-60.5%— +68.6%
5 years, per year +9.3%-17.0%— +11.0%

Risk

MeasureDAODCBORYETSPY
Volatility, 1Y 60.3%58.1%84.6% 12.7%
Downside volatility, 1Y 59.3%60.4%74.9% 12.7%
Beta vs S&P 500, 1Y 0.790.781.24 1.00
Return / volatility, 1Y 1.250.14-0.49 1.02
Max drawdown, 5Y -83.0%-81.0%-96.7% -25.4%
From 52-week high -0.9%-1.5%-49.2% -1.8%
52-week high $19.39$30.91$1.32 $779.14
52-week low $8.43$14.70$0.67 $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.

MultipleDAODCBORYET
P/E now vs peer median 95.3xmedian 26.2x 43.7xmedian 26.2x -4.7xmedian 26.2x
P/S now vs peer median 5.4xmedian 2.3x 3.4xmedian 2.3x 3.2xmedian 2.3x
EV/EBITDA now vs peer median —median 15.0x 37.6xmedian 15.0x —median 15.0x
P/FCF now vs peer median —median 19.0x 24.4xmedian 19.0x -2.6xmedian 19.0x
P/B now vs peer median -17.3xmedian 1.1x -2,861xmedian 1.1x 4.2xmedian 1.1x
PEG now vs peer median 3.05median 1.76 4.73median 1.76 —median 1.76

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 monthsDAODCBORYET
Revenue $864.12M $258.93M –
Gross profit $390.46M $205.59M –
Operating income $37.36M $18.48M –
Net income $23.46M $33.60M –
Free cash flow – $35.83M –
R&D $76.01M $52.47M –
EPS (diluted) $0.20 $0.68 –
Cash & equivalents $83.80M $45.72M $4.08M
Total debt $1.01B $90.00M $15.44M
Shares (diluted) 119.85M 29.37M 34.24M
Enterprise value $4.32B $626.29M $14.65M

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
MetricDAODCBORYET
P/E 95.3x 43.7x -4.7x
P/FCF – 24.4x -2.6x
P/Operating cash flow – 24.5x –
P/S 5.4x 3.4x 3.2x
P/B -17.3x -2,861x 4.2x
P/Tangible book -17.3x -36.5x 4.3x
EV/EBITDA – 37.6x –
EV/EBIT 129.1x 49.8x –
EV/Revenue 5.6x 3.6x –
EV/FCF – 25.7x –
EV/Operating cash flow – 25.7x –
PEG (3Y EPS CAGR) 3.05 4.73 –

Growth

14 metrics
MetricDAODCBORYET
Revenue growth (1Y) 10.2% 12.3% –
Revenue CAGR (3Y) 5.1% 17.2% –
Gross profit growth (1Y) 5.5% 10.3% –
Gross profit CAGR (3Y) 0.5% 16.5% –
Operating income growth (1Y) -17.3% 0.5% –
Operating income CAGR (3Y) 33.7% 160.1% –
Net income growth (1Y) -26.4% 56.9% –
Net income CAGR (3Y) 36.8% 65.3% –
EPS growth (1Y) -22.1% -12.1% –
EPS CAGR (3Y) 31.3% 9.2% –
Operating cash flow growth (1Y) – 26.4% –
Operating cash flow CAGR (3Y) – 77.0% –
Free cash flow growth (1Y) – 28.7% –
Free cash flow CAGR (3Y) – 85.6% –

Profitability

14 metrics
MetricDAODCBORYET
Gross margin 45.2% 79.4% –
EBITDA margin – 9.5% –
Operating margin 4.3% 7.1% –
Pretax margin 3.0% 6.6% –
Net margin 2.8% 7.7% –
FCF margin – 13.8% –
Operating cash flow margin – 13.8% –
Return on equity – – –
Return on assets 8.6% 13.5% –
Return on invested capital – 21.9% –
Return on capital employed – 18.0% –
Asset turnover 3.3x 1.0x –
Cash conversion (OCF / net income) – 1.1x –
Stock comp / revenue – 2.4% –

Financial Health

11 metrics
MetricDAODCBORYET
Debt / assets 86.1% 37.1% 29.7%
Debt / equity -0.9x -294.1x 0.8x
Net debt / EBITDA – 1.8x –
Debt / FCF – 2.5x –
Liabilities / assets 194.3% 100.1% 60.6%
Equity / assets -94.3% -0.1% 39.4%
Interest coverage – – –
Current ratio 0.6x 0.8x 1.4x
Quick ratio 0.5x 0.7x 0.5x
Cash ratio 0.3x 0.3x 0.4x
Altman Z-score – 2.03 –

Shareholder Returns

7 metrics
MetricDAODCBORYET
Dividend yield – – –
Net buyback yield – 0.0% –
Shareholder yield – 0.0% –
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.

ConsensusDAODCBORYET
Forward P/E 83.5xFY2026 19.4xFY2026 –
EPS, next fiscal year $0.23FY2026 $1.57FY2026 –
EPS growth, next FY +76.9%FY2026 +14.6%FY2026 –
EPS growth, the year after +60.9% +26.1% –
Revenue, next fiscal year $983.81MFY2026 $263.55MFY2026 –
Revenue growth, next FY +16.5%FY2026 +9.3%FY2026 –
Revenue growth, the year after +16.1% +10.0% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDAODCBORYET
Held by institutions 9.6% 17.5% –
Institutions holding 33 58 –
Change in shares held, QoQ -2.7% -13.8% –
Institutions buying 12 36 –
Institutions selling 11 17 –
Buyers to sellers 1.09 2.12 –

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.

DAODCBORYET
DAO 1.00 0.14 0.05
DCBO 0.14 1.00 0.02
RYET 0.05 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DAO, DCBO and RYET?

Youdao (DAO) is the largest by market capitalisation: Youdao (DAO) $4.70B, Docebo (DCBO) $875.35M, Ruanyun Edai Technology (RYET) $23.82M.

Which stock is cheaper, DAO, DCBO and RYET?

Docebo (DCBO) trades on the lowest price-to-earnings ratio (Youdao (DAO) 95.3x, Docebo (DCBO) 43.7x, Ruanyun Edai Technology (RYET) -4.7x). On next year's consensus earnings, Docebo (DCBO) is cheapest (Youdao (DAO) 83.5x, Docebo (DCBO) 19.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Docebo (DCBO) grew revenue fastest over the trailing twelve months: Youdao (DAO) +10.2%, Docebo (DCBO) +12.3%.

Which company is more profitable?

Docebo (DCBO) has the highest net margin (Youdao (DAO) 2.8%, Docebo (DCBO) 7.7%).

Which stock has performed better?

Over the past year Youdao (DAO) returned the most: Youdao (DAO) +75.1%, Docebo (DCBO) +7.9%, Ruanyun Edai Technology (RYET) -41.7%. Over five years, Youdao (DAO) compounded fastest (Youdao (DAO) +9.3%/yr, Docebo (DCBO) -17.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Docebo (DCBO) has been the steadiest (Youdao (DAO) 60.3%, Docebo (DCBO) 58.1%, Ruanyun Edai Technology (RYET) 84.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DAO, DCBO and RYET?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Docebo (DCBO) 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.