DOX vs MANU vs AAOI Stock Comparison

Amdocs, Manchester United and Applied Optoelectronics Prices as of Nov 4, 2026 Peers: Industry group
DOX Amdocs Ltd
$43.66 -25.3% 1M -47.7% 1Y
Market cap
$4.85B
P/E
9.7x
Revenue (TTM)
$4.70B
Div. yield
–
Networking Equipment Technology
5 wins
MANU Manchester United plc
$22.87 +14.0% 1M +45.5% 1Y
Market cap
$3.85B
P/E
–
Revenue (TTM)
$909.31M
Div. yield
–
Entertainment Venues Consumer Discretionary
2 wins

Head to Head

10 decided of 12

Amdocs leads on 5 of the 12 questions below (Amdocs 5, Applied Optoelectronics 3, Manchester United 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOXMANUAAOILeader
Larger companyMarket capitalisation $4.85B $3.85B $3.91B DOX
Cheaper on earningsLower P/E, profitable companies only 9.7x -66.5x -68.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.5x — 83.5x DOX
Faster revenue growthRevenue growth, trailing twelve months +3.6% +5.5% +61.8% AAOI
More profitableNet margin, trailing twelve months 10.7% -6.4% -9.6% DOX
Better return on capitalReturn on invested capital 12.6% 2.6% -4.2% DOX
Less leveragedLower net debt / EBITDA — 2.4x 13.8x MANU
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -47.7% +45.5% +100.9% AAOI
Better 5-year returnAnnualised price return, 5 years -10.4%/yr +7.0%/yr +58.9%/yr AAOI
Less volatileAnnualised volatility, 1 year 46.7% 33.4% 139.7% MANU
Higher overall scoreMean of the five percentile scores vs peers 67/100 44/100 32/100 DOX

Percentile Scorecard

DOXMANUAAOI

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

AxisDOXMANUAAOI
Valuation 89 #13 of 112 25 #34 of 45 13 #98 of 112
Growth 36 #70 of 108 74 #12 of 43 53 #51 of 108
Profitability 85 #16 of 104 51 #21 of 42 17 #87 of 104
Financial Health 30 #81 of 116 28 #35 of 48 70 #35 of 116
Shareholder Returns 94 #6 of 85 – 7 #79 of 85
Overall 67 44 32
  • DOX ranked among 121 companies in Computer Hardware
  • MANU ranked among 48 companies in Gaming and Leisure
  • AAOI ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodDOXMANUAAOISPY
1 month -25.3%+14.0%-51.2% -1.0%
3 months -21.0%+2.6%-53.9% -0.4%
6 months -31.7%+21.4%-66.8% +4.5%
Year to date -45.8%+43.7%+70.0% +12.4%
1 year -47.7%+45.5%+100.9% +13.6%
3 years -47.1%+22.4%+525.9% +76.4%
3 years, per year -19.1%+7.0%+84.4% +20.8%
5 years -42.3%+40.0%+911.4% +63.7%
5 years, per year -10.4%+7.0%+58.9% +10.4%
10 years -25.0%+53.0%+173.8% +267.7%
10 years, per year -2.8%+4.3%+10.6% +13.9%

Risk

MeasureDOXMANUAAOISPY
Volatility, 1Y 46.7%33.4%139.7% 12.8%
Downside volatility, 1Y 60.7%31.0%128.5% 12.7%
Beta vs S&P 500, 1Y -0.130.714.28 1.00
Return / volatility, 1Y -1.021.360.72 1.06
Max drawdown, 5Y -55.8%-54.5%-77.2% -25.4%
From 52-week high -48.9%-5.5%-73.4% -1.6%
52-week high $85.49$24.19$223.10 $779.14
52-week low $43.66$15.20$19.49 $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.

MultipleDOXMANUAAOI
P/E now vs peer median 9.7xmedian 28.1x -68.1xmedian 18.6x -84.8xmedian 28.1x
P/S now vs peer median 1.0xmedian 2.6x 4.4xmedian 1.9x 8.4xmedian 2.6x
EV/EBITDA now vs peer median —median 18.4x 14.0xmedian 10.9x -142.0xmedian 18.4x
P/FCF now vs peer median 3.4xmedian 26.6x 10.9xmedian 12.0x -8.3xmedian 26.6x
P/B now vs peer median 1.4xmedian 2.8x 20.0xmedian 2.5x 3.0xmedian 2.8x
PEG now vs peer median 178.68median 1.11 4.03median 0.60 -2.55median 1.11

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 monthsDOXMANUAAOI
Revenue $4.70B $909.31M $595.97M
Gross profit $1.79B -$21.12M $172.33M
Operating income $682.94M $30.28M -$67.41M
Net income $501.24M -$57.81M -$57.02M
Free cash flow $1.38B $363.93M -$600.81M
R&D $335.46M – $107.61M
EPS (diluted) $4.57 $-0.34 $-0.70
Cash & equivalents $197.05M $89.13M $499.74M
Total debt $946.99M $913.14M $57.26M
Shares (diluted) 109.66M 172.43M 81.57M
Enterprise value $3.98B $3.51B $2.63B

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
MetricDOXMANUAAOI
P/E 9.7x -68.1x -84.8x
P/FCF 3.4x 10.9x -8.3x
P/Operating cash flow 3.9x 15.7x -37.9x
P/S 1.0x 4.4x 8.4x
P/B 1.4x 20.0x 3.0x
P/Tangible book 1.4x 20.0x 3.0x
EV/EBITDA – 14.0x -142.0x
EV/EBIT 8.0x 158.8x -67.6x
EV/Revenue 1.2x 5.3x 7.6x
EV/FCF 4.0x 13.2x -7.6x
EV/Operating cash flow 4.6x 19.0x -34.6x
PEG (3Y EPS CAGR) 178.68 4.03 -2.55

Growth

14 metrics
MetricDOXMANUAAOI
Revenue growth (1Y) 3.6% 5.5% 61.8%
Revenue CAGR (3Y) -1.3% 5.2% 40.9%
Gross profit growth (1Y) 4.0% 24.6% 62.0%
Gross profit CAGR (3Y) 1.2% – 73.3%
Operating income growth (1Y) -6.7% 223.3% -40.6%
Operating income CAGR (3Y) 1.5% 62.2% -2.8%
Net income growth (1Y) -11.7% -36.0% 63.4%
Net income CAGR (3Y) -2.6% -19.1% 6.2%
EPS growth (1Y) -11.2% -35.3% 74.5%
EPS CAGR (3Y) 0.1% -16.9% 33.2%
Operating cash flow growth (1Y) 60.4% 128.3% 15.2%
Operating cash flow CAGR (3Y) 13.5% 22.8% -168.6%
Free cash flow growth (1Y) 62.2% 141.3% -146.3%
Free cash flow CAGR (3Y) 13.5% 34.6% -294.2%

Profitability

14 metrics
MetricDOXMANUAAOI
Gross margin 38.1% -2.3% 28.9%
EBITDA margin – 37.6% -5.4%
Operating margin 14.5% 3.3% -11.3%
Pretax margin 13.5% -7.0% -10.6%
Net margin 10.7% -6.4% -9.6%
FCF margin 29.5% 40.0% -100.8%
Operating cash flow margin 25.6% 27.8% -22.1%
Return on equity 15.0% -26.5% -4.1%
Return on assets 7.8% -2.8% -2.9%
Return on invested capital 12.6% 2.6% -4.2%
Return on capital employed 14.6% 2.5% -4.5%
Asset turnover 0.7x 0.4x 0.3x
Cash conversion (OCF / net income) 2.4x -4.4x 2.3x
Stock comp / revenue – 0.0% 2.6%

Financial Health

11 metrics
MetricDOXMANUAAOI
Debt / assets 14.8% 44.5% 2.5%
Debt / equity 0.3x 4.6x 0.0x
Net debt / EBITDA – 2.4x 13.8x
Debt / FCF 0.7x 2.5x -0.1x
Liabilities / assets 47.9% 90.3% 27.5%
Equity / assets 52.1% 9.7% 72.5%
Interest coverage – 0.5x -19.1x
Current ratio 0.9x 0.3x 2.8x
Quick ratio 0.1x 0.2x 1.9x
Cash ratio 0.1x 0.1x 1.2x
Altman Z-score – 1.09 4.98

Shareholder Returns

7 metrics
MetricDOXMANUAAOI
Dividend yield 5.1% – –
Net buyback yield – – -27.0%
Shareholder yield 5.1% 0.0% -27.0%
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.

ConsensusDOXMANUAAOI
Forward P/E 5.5xFY2026 – 83.5xFY2026
EPS, next fiscal year $7.92FY2026 $-0.18FY2027 $0.71FY2026
EPS growth, next FY +13.3%FY2026 – –
EPS growth, the year after +4.0% – +646.5%
Revenue, next fiscal year $4.46BFY2026 $1.07BFY2027 $994.70MFY2026
Revenue growth, next FY -1.6%FY2026 +19.6%FY2027 +118.3%FY2026
Revenue growth, the year after +5.0% -6.0% +185.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOXMANUAAOI
Held by institutions 93.0% 17.1% 60.5%
Institutions holding 448 125 482
Change in shares held, QoQ +0.5% +5.0% -3.5%
Institutions buying 250 63 313
Institutions selling 153 30 144
Buyers to sellers 1.63 2.10 2.17

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.

DOXMANUAAOI
DOX 1.00 -0.03 -0.08
MANU -0.03 1.00 0.08
AAOI -0.08 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOX, MANU and AAOI?

Amdocs (DOX) is the largest by market capitalisation: Amdocs (DOX) $4.85B, Manchester United (MANU) $3.85B, Applied Optoelectronics (AAOI) $3.91B.

Which company is growing faster?

Applied Optoelectronics (AAOI) grew revenue fastest over the trailing twelve months: Amdocs (DOX) +3.6%, Manchester United (MANU) +5.5%, Applied Optoelectronics (AAOI) +61.8%.

Which company is more profitable?

Amdocs (DOX) has the highest net margin (Amdocs (DOX) 10.7%, Manchester United (MANU) -6.4%, Applied Optoelectronics (AAOI) -9.6%). On return on invested capital, Amdocs (DOX) leads (Amdocs (DOX) 12.6%, Manchester United (MANU) 2.6%, Applied Optoelectronics (AAOI) -4.2%).

Which stock has performed better?

Over the past year Applied Optoelectronics (AAOI) returned the most: Amdocs (DOX) -47.7%, Manchester United (MANU) +45.5%, Applied Optoelectronics (AAOI) +100.9%. Over five years, Applied Optoelectronics (AAOI) compounded fastest (Amdocs (DOX) -10.4%/yr, Manchester United (MANU) +7.0%/yr, Applied Optoelectronics (AAOI) +58.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Manchester United (MANU) has been the steadiest (Amdocs (DOX) 46.7%, Manchester United (MANU) 33.4%, Applied Optoelectronics (AAOI) 139.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOX, MANU and AAOI?

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