DCBO vs IH vs COE Stock Comparison

Docebo, iHuman and 51Talk Online Education Prices as of Oct 26, 2026 Peers: Industry group
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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
3 wins
IH iHuman Inc.
$1.18 +2.6% 1M -57.6% 1Y
Market cap
$120.62M
P/E
18.0x
Revenue (TTM)
$108.18M
Div. yield
8.47%
Education Technology Technology
4 wins

Head to Head

9 decided of 12

iHuman leads on 4 of the 12 questions below (iHuman 4, Docebo 3, 51Talk Online Education 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDCBOIHCOELeader
Larger companyMarket capitalisation $875.35M $120.62M $276.00M DCBO
Cheaper on earningsLower P/E, profitable companies only 43.7x 18.0x -16.0x IH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.4x 7.9x — IH
Faster revenue growthRevenue growth, trailing twelve months +12.3% -12.0% +74.9% COE
More profitableNet margin, trailing twelve months 7.7% 3.1% -14.1% DCBO
Better return on capitalReturn on invested capital 21.9% — — –
Less leveragedLower net debt / EBITDA 1.8x — — –
Higher dividend yieldTrailing dividend yield — 8.47% 0.00% –
Better 1-year returnPrice return, last 12 months +7.9% -57.6% -75.7% DCBO
Better 5-year returnAnnualised price return, 5 years -17.0%/yr -24.9%/yr +3.5%/yr COE
Less volatileAnnualised volatility, 1 year 58.1% 51.4% 72.4% IH
Higher overall scoreMean of the five percentile scores vs peers 54/100 64/100 43/100 IH

Percentile Scorecard

DCBOIHCOE

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

AxisDCBOIHCOE
Valuation 54 #42 of 90 96 #5 of 90 48 #47 of 90
Growth 80 #17 of 82 3 #80 of 82 61 #33 of 82
Profitability 78 #18 of 77 59 #32 of 77 54 #36 of 77
Financial Health 25 #72 of 96 73 #27 of 96 11 #86 of 96
Shareholder Returns 34 #36 of 54 89 #7 of 54 –
Overall 54 64 43
  • DCBO ranked among 99 companies in Vertical Software
  • IH ranked among 99 companies in Vertical Software
  • COE ranked among 99 companies in Vertical Software

Price Performance

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

Returns

PeriodDCBOIHCOESPY
1 month +33.3%+2.6%-0.3% -0.8%
3 months +51.0%-12.6%-32.6% +3.5%
6 months +63.7%-32.1%-56.2% +7.0%
Year to date +37.2%-43.8%-63.9% +12.2%
1 year +7.9%-57.6%-75.7% +13.0%
3 years -18.3%-55.5%+44.1% +86.3%
3 years, per year -6.5%-23.7%+13.0% +23.1%
5 years -60.5%-76.1%+18.6% +68.6%
5 years, per year -17.0%-24.9%+3.5% +11.0%
10 years ——-84.0% +258.0%
10 years, per year ——-16.7% +13.6%

Risk

MeasureDCBOIHCOESPY
Volatility, 1Y 58.1%51.4%72.4% 12.7%
Downside volatility, 1Y 60.4%54.7%76.1% 12.7%
Beta vs S&P 500, 1Y 0.780.030.85 1.00
Return / volatility, 1Y 0.14-1.12-1.05 1.02
Max drawdown, 5Y -81.0%-78.8%-82.0% -25.4%
From 52-week high -1.5%-60.1%-77.5% -1.8%
52-week high $30.91$2.96$51.18 $779.14
52-week low $14.70$1.11$10.01 $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.

MultipleDCBOIHCOE
P/E now vs peer median 43.7xmedian 42.4x 18.0xmedian 42.4x -16.0xmedian 42.4x
P/S now vs peer median 3.4xmedian 2.7x 1.1xmedian 2.7x 2.3xmedian 2.7x
EV/EBITDA now vs peer median 37.6xmedian 19.0x —median 19.0x —median 19.0x
P/FCF now vs peer median 24.4xmedian 19.4x —median 19.4x —median 19.4x
P/B now vs peer median -2,861xmedian 1.8x 1.0xmedian 1.8x -7.5xmedian 1.8x
PEG now vs peer median 4.73median 1.75 -0.37median 1.75 1.00median 1.75

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 monthsDCBOIHCOE
Revenue $258.93M $108.18M $120.53M
Gross profit $205.59M $72.05M $88.35M
Operating income $18.48M -$898.00K -$13.29M
Net income $33.60M $3.58M -$11.57M
Free cash flow $35.83M – –
R&D $52.47M $30.69M $7.56M
EPS (diluted) $0.68 $0.06 $-0.72
Cash & equivalents $45.72M $117.33M $39.98M
Total debt $90.00M – –
Shares (diluted) 29.37M 53.52M 23.67M
Enterprise value $626.29M -$158.82B $139.42M

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
MetricDCBOIHCOE
P/E 43.7x 18.0x -16.0x
P/FCF 24.4x – –
P/Operating cash flow 24.5x – –
P/S 3.4x 1.1x 2.3x
P/B -2,861x 1.0x -7.5x
P/Tangible book -36.5x 1.0x -7.5x
EV/EBITDA 37.6x – –
EV/EBIT 49.8x 31.0x -17.8x
EV/Revenue 3.6x -0.3x 2.0x
EV/FCF 25.7x – –
EV/Operating cash flow 25.7x – –
PEG (3Y EPS CAGR) 4.73 -0.37 1.00

Growth

14 metrics
MetricDCBOIHCOE
Revenue growth (1Y) 12.3% -12.0% 74.9%
Revenue CAGR (3Y) 17.2% -9.3% 77.8%
Gross profit growth (1Y) 10.3% -13.8% 67.1%
Gross profit CAGR (3Y) 16.5% -10.9% 73.8%
Operating income growth (1Y) 0.5% -108.4% -110.8%
Operating income CAGR (3Y) 160.1% -26.7% -9.0%
Net income growth (1Y) 56.9% -80.1% -114.9%
Net income CAGR (3Y) 65.3% -52.7% 35.6%
EPS growth (1Y) -12.1% -78.0% -132.4%
EPS CAGR (3Y) 9.2% -48.5% -16.0%
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
MetricDCBOIHCOE
Gross margin 79.4% 66.6% 73.3%
EBITDA margin 9.5% – –
Operating margin 7.1% -0.8% -11.0%
Pretax margin 6.6% 3.2% -12.5%
Net margin 7.7% 3.1% -14.1%
FCF margin 13.8% – –
Operating cash flow margin 13.8% – –
Return on equity – 2.7% –
Return on assets 13.5% 1.9% -17.1%
Return on invested capital 21.9% – –
Return on capital employed 18.0% -0.7% –
Asset turnover 1.0x 0.6x 1.8x
Cash conversion (OCF / net income) 1.1x – –
Stock comp / revenue 2.4% 0.1% –

Financial Health

11 metrics
MetricDCBOIHCOE
Debt / assets 37.1% – –
Debt / equity -294.1x – –
Net debt / EBITDA 1.8x – –
Debt / FCF 2.5x – –
Liabilities / assets 100.1% 33.1% 153.1%
Equity / assets -0.1% 66.9% -53.1%
Interest coverage – – –
Current ratio 0.8x 2.9x 0.6x
Quick ratio 0.7x 2.6x 0.4x
Cash ratio 0.3x 2.5x 0.4x
Altman Z-score 2.03 2.46 –

Shareholder Returns

7 metrics
MetricDCBOIHCOE
Dividend yield – 8.5% –
Net buyback yield 0.0% – –
Shareholder yield 0.0% 8.5% 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.

ConsensusDCBOIHCOE
Forward P/E 19.4xFY2026 7.9xFY2026 –
EPS, next fiscal year $1.57FY2026 $0.15FY2026 $-0.06FY2027
EPS growth, next FY +14.6%FY2026 -43.9%FY2026 –
EPS growth, the year after +26.1% – –
Revenue, next fiscal year $263.55MFY2026 $108.44MFY2026 $179.03MFY2026
Revenue growth, next FY +9.3%FY2026 -6.0%FY2026 +89.5%FY2026
Revenue growth, the year after +10.0% – +56.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDCBOIHCOE
Held by institutions 17.5% 0.1% –
Institutions holding 58 1 –
Change in shares held, QoQ -13.8% – –
Institutions buying 36 0 –
Institutions selling 17 0 –
Buyers to sellers 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.

DCBOIHCOE
DCBO 1.00 0.01 0.11
IH 0.01 1.00 0.00
COE 0.11 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DCBO, IH and COE?

Docebo (DCBO) is the largest by market capitalisation: Docebo (DCBO) $875.35M, iHuman (IH) $120.62M, 51Talk Online Education (COE) $276.00M.

Which stock is cheaper, DCBO, IH and COE?

iHuman (IH) trades on the lowest price-to-earnings ratio (Docebo (DCBO) 43.7x, iHuman (IH) 18.0x, 51Talk Online Education (COE) -16.0x). On next year's consensus earnings, iHuman (IH) is cheapest (Docebo (DCBO) 19.4x, iHuman (IH) 7.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

51Talk Online Education (COE) grew revenue fastest over the trailing twelve months: Docebo (DCBO) +12.3%, iHuman (IH) -12.0%, 51Talk Online Education (COE) +74.9%.

Which company is more profitable?

Docebo (DCBO) has the highest net margin (Docebo (DCBO) 7.7%, iHuman (IH) 3.1%, 51Talk Online Education (COE) -14.1%).

Which stock has performed better?

Over the past year Docebo (DCBO) returned the most: Docebo (DCBO) +7.9%, iHuman (IH) -57.6%, 51Talk Online Education (COE) -75.7%. Over five years, 51Talk Online Education (COE) compounded fastest (Docebo (DCBO) -17.0%/yr, iHuman (IH) -24.9%/yr, 51Talk Online Education (COE) +3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: iHuman (IH) 8.47%, 51Talk Online Education (COE) 0.00%. Docebo (DCBO) and 51Talk Online Education (COE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, iHuman (IH) has been the steadiest (Docebo (DCBO) 58.1%, iHuman (IH) 51.4%, 51Talk Online Education (COE) 72.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DCBO, IH and COE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, iHuman (IH) leads on 4. 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.