FIG vs U vs CMRC Stock Comparison

Figma, Unity Software and Commerce.com Prices as of Oct 23, 2026 Peers: Industry group
FIG Figma, Inc.
$24.64 +13.2% 1M -53.8% 1Y
Market cap
$12.41B
P/E
–
Revenue (TTM)
$1.20B
Div. yield
–
Creative Software Technology
2 wins
U Unity Software Inc.
$40.79 -7.5% 1M +12.4% 1Y
Market cap
$17.67B
P/E
–
Revenue (TTM)
$2.03B
Div. yield
–
Developer Tools Technology
3 wins
CMRC Commerce.com, Inc.
$3.56 +9.9% 1M -27.9% 1Y
Market cap
$291.26M
P/E
–
Revenue (TTM)
$346.90M
Div. yield
–
E-commerce Software Technology
5 wins

Head to Head

10 decided of 12

Commerce.com leads on 5 of the 12 questions below (Commerce.com 5, Unity Software 3, Figma 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFIGUCMRCLeader
Larger companyMarket capitalisation $12.41B $17.67B $291.26M U
Cheaper on earningsLower P/E, profitable companies only -8.7x -30.1x -50.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 88.0x — 10.5x CMRC
Faster revenue growthRevenue growth, trailing twelve months +42.2% +14.0% +2.8% FIG
More profitableNet margin, trailing twelve months -119.8% -29.0% -1.7% CMRC
Better return on capitalReturn on invested capital — -17.2% 2.7% CMRC
Less leveragedLower net debt / EBITDA — 13.2x -10.4x CMRC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -53.8% +12.4% -27.9% U
Better 5-year returnAnnualised price return, 5 years — -22.3%/yr -41.3%/yr U
Less volatileAnnualised volatility, 1 year 74.6% 75.1% 77.4% FIG
Higher overall scoreMean of the five percentile scores vs peers 32/100 47/100 54/100 CMRC

Percentile Scorecard

FIGUCMRC

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

AxisFIGUCMRC
Valuation 3 #29 of 30 60 #50 of 124 69 #53 of 167
Growth 39 #17 of 27 41 #67 of 113 63 #58 of 153
Profitability 4 #25 of 26 49 #57 of 110 51 #76 of 153
Financial Health 81 #7 of 32 50 #65 of 129 69 #57 of 179
Shareholder Returns – 36 #44 of 68 17 #78 of 94
Overall 32 47 54
  • FIG ranked among 33 companies in Workplace Software
  • U ranked among 137 companies in Infrastructure Software
  • CMRC ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodFIGUCMRCSPY
1 month +13.2%-7.5%+9.9% -1.0%
3 months +16.5%+42.6%+31.4% +2.9%
6 months +41.0%+56.8%+18.7% +6.4%
Year to date -34.1%-7.7%-13.6% +11.4%
1 year -53.8%+12.4%-27.9% +13.1%
3 years —+48.6%-63.2% +79.4%
3 years, per year —+14.1%-28.4% +21.5%
5 years —-71.6%-93.0% +67.7%
5 years, per year —-22.3%-41.3% +10.9%

Risk

MeasureFIGUCMRCSPY
Volatility, 1Y 74.6%75.1%77.4% 12.7%
Downside volatility, 1Y 69.6%82.6%83.9% 12.7%
Beta vs S&P 500, 1Y 1.022.221.07 1.00
Return / volatility, 1Y -0.720.17-0.36 1.03
Max drawdown, 5Y -86.2%-93.1%-96.7% -25.4%
From 52-week high -53.8%-17.5%-35.4% -2.5%
52-week high $53.36$49.47$5.51 $779.14
52-week low $16.84$17.13$2.06 $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.

MultipleFIGUCMRC
P/E now vs peer median -9.1xmedian 32.3x -30.4xmedian 37.4x -50.9xmedian 17.5x
P/S now vs peer median 10.9xmedian 2.4x 8.8xmedian 4.4x 0.9xmedian 1.4x
EV/EBITDA now vs peer median -8.0xmedian 11.5x -119.2xmedian 35.0x 9.8xmedian 14.9x
P/FCF now vs peer median —median 14.2x 33.3xmedian 27.2x 15.1xmedian 11.2x
P/B now vs peer median 8.8xmedian 2.7x 5.9xmedian 3.4x 5.7xmedian 1.7x
PEG now vs peer median —median 0.77 -1.55median 1.27 -0.81median 0.42

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 monthsFIGUCMRC
Revenue $1.20B $2.03B $346.90M
Gross profit $971.13M $1.32B $267.70M
Operating income -$1.45B -$616.00M $1.45M
Net income -$1.41B -$588.01M -$5.78M
Free cash flow – $538.39M $19.55M
R&D $1.13B $1.03B $71.21M
EPS (diluted) $-2.72 $-1.34 $-0.07
Cash & equivalents $445.85M $2.35B $57.17M
Total debt – $1.67B $12.13M
Shares (diluted) 527.46M 437.90M 82.79M
Enterprise value $5.92B $9.22B -$303.33M

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
MetricFIGUCMRC
P/E -9.1x -30.4x -50.9x
P/FCF – 33.3x 15.1x
P/Operating cash flow – 32.4x 8.4x
P/S 10.9x 8.8x 0.9x
P/B 8.8x 5.9x 5.7x
P/Tangible book 8.9x 6.2x 6.8x
EV/EBITDA -8.0x -119.2x 9.8x
EV/EBIT -7.9x -26.2x 98.3x
EV/Revenue 9.5x 8.0x 0.4x
EV/FCF – 30.0x 7.3x
EV/Operating cash flow – 29.2x 4.1x
PEG (3Y EPS CAGR) – -1.55 -0.81

Growth

14 metrics
MetricFIGUCMRC
Revenue growth (1Y) 42.2% 14.0% 2.8%
Revenue CAGR (3Y) – 3.9% 5.9%
Gross profit growth (1Y) 31.3% -0.6% 1.6%
Gross profit CAGR (3Y) – 2.1% 6.8%
Operating income growth (1Y) -63.0% -23.8% 105.0%
Operating income CAGR (3Y) – 13.7% 26.3%
Net income growth (1Y) -96.2% -35.5% 68.1%
Net income CAGR (3Y) – 15.8% 61.9%
EPS growth (1Y) 15.4% -29.1% 69.1%
EPS CAGR (3Y) – 19.7% 63.2%
Operating cash flow growth (1Y) – 45.5% 9.7%
Operating cash flow CAGR (3Y) – 110.7% 37.3%
Free cash flow growth (1Y) – 51.7% -29.1%
Free cash flow CAGR (3Y) – 83.0% 32.2%

Profitability

14 metrics
MetricFIGUCMRC
Gross margin 81.1% 64.9% 77.2%
EBITDA margin -119.1% -6.7% 4.2%
Operating margin -120.9% -30.4% 0.4%
Pretax margin -115.4% -29.0% -1.3%
Net margin -119.8% -29.0% -1.7%
FCF margin – 26.5% 5.6%
Operating cash flow margin – 27.3% 10.1%
Return on equity -94.2% -19.5% -11.8%
Return on assets -59.9% -8.9% -1.8%
Return on invested capital – -17.2% 2.7%
Return on capital employed -93.8% -12.3% 0.7%
Asset turnover 0.5x 0.3x 1.1x
Cash conversion (OCF / net income) – -0.9x -6.1x
Stock comp / revenue – 16.9% 5.5%

Financial Health

11 metrics
MetricFIGUCMRC
Debt / assets – 8.4% 1.2%
Debt / equity – 0.2x 0.1x
Net debt / EBITDA – 13.2x -10.4x
Debt / FCF – 1.0x 0.2x
Liabilities / assets 37.1% 54.4% 84.1%
Equity / assets 62.9% 45.6% 15.9%
Interest coverage – -25.5x 0.1x
Current ratio 2.5x 2.0x 2.0x
Quick ratio 2.3x 1.9x 2.0x
Cash ratio 2.1x 1.5x 1.4x
Altman Z-score 7.05 2.32 -0.58

Shareholder Returns

7 metrics
MetricFIGUCMRC
Dividend yield – – –
Net buyback yield – -0.6% -0.4%
Shareholder yield 0.0% -0.6% -0.4%
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.

ConsensusFIGUCMRC
Forward P/E 88.0xFY2026 – 10.5xFY2026
EPS, next fiscal year $0.28FY2026 $-0.70FY2026 $0.34FY2026
EPS growth, next FY -37.8%FY2026 – +30.8%FY2026
EPS growth, the year after +21.4% – +76.5%
Revenue, next fiscal year $1.43BFY2026 $2.12BFY2026 $356.73MFY2026
Revenue growth, next FY +35.0%FY2026 +14.8%FY2026 +4.2%FY2026
Revenue growth, the year after +34.9% +31.5% -11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFIGUCMRC
Held by institutions 81.2% 84.7% 74.0%
Institutions holding 373 558 154
Change in shares held, QoQ +12.2% +8.0% +3.3%
Institutions buying 257 306 88
Institutions selling 64 161 40
Buyers to sellers 4.02 1.90 2.20

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.

FIGUCMRC
FIG 1.00 0.28 0.43
U 0.28 1.00 0.14
CMRC 0.43 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FIG, U and CMRC?

Unity Software (U) is the largest by market capitalisation: Figma (FIG) $12.41B, Unity Software (U) $17.67B, Commerce.com (CMRC) $291.26M.

Which company is growing faster?

Figma (FIG) grew revenue fastest over the trailing twelve months: Figma (FIG) +42.2%, Unity Software (U) +14.0%, Commerce.com (CMRC) +2.8%.

Which company is more profitable?

Commerce.com (CMRC) has the highest net margin (Figma (FIG) -119.8%, Unity Software (U) -29.0%, Commerce.com (CMRC) -1.7%). On return on invested capital, Commerce.com (CMRC) leads (Unity Software (U) -17.2%, Commerce.com (CMRC) 2.7%).

Which stock has performed better?

Over the past year Unity Software (U) returned the most: Figma (FIG) -53.8%, Unity Software (U) +12.4%, Commerce.com (CMRC) -27.9%. Over five years, Unity Software (U) compounded fastest (Unity Software (U) -22.3%/yr, Commerce.com (CMRC) -41.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Figma (FIG) has been the steadiest (Figma (FIG) 74.6%, Unity Software (U) 75.1%, Commerce.com (CMRC) 77.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FIG, U and CMRC?

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