IPM vs TCX vs VRSN Stock Comparison

Intelligent Protection Management, Tucows and Verisign Prices as of Oct 23, 2026 Peers: Industry group
TCX Tucows Inc /Pa/
$11.98 +14.2% 1M -36.2% 1Y
Market cap
$118.73M
P/E
–
Revenue (TTM)
$394.44M
Div. yield
–
Web Hosting and Domains Technology
VRSN Verisign Inc/Ca
$300.32 +2.4% 1M +19.8% 1Y
Market cap
$27.81B
P/E
32.7x
Revenue (TTM)
$1.73B
Div. yield
–
Web Hosting and Domains Technology
7 wins

Head to Head

9 decided of 12

Verisign leads on 7 of the 12 questions below (Verisign 7, Intelligent Protection Management 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPMTCXVRSNLeader
Larger companyMarket capitalisation $22.29M $118.73M $27.81B VRSN
Cheaper on earningsLower P/E, profitable companies only -6.0x -1.4x 32.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.4x — 32.2x IPM
Faster revenue growthRevenue growth, trailing twelve months +113.5% +4.2% +6.5% IPM
More profitableNet margin, trailing twelve months -14.8% -21.2% 49.1% VRSN
Better return on capitalReturn on invested capital — -27.8% — –
Less leveragedLower net debt / EBITDA — 31.3x 1.1x VRSN
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -14.5% -36.2% +19.8% VRSN
Better 5-year returnAnnualised price return, 5 years -24.7%/yr -31.9%/yr +6.5%/yr VRSN
Less volatileAnnualised volatility, 1 year 40.4% 80.5% 28.8% VRSN
Higher overall scoreMean of the five percentile scores vs peers 37/100 47/100 60/100 VRSN

Percentile Scorecard

IPMTCXVRSN

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

AxisIPMTCXVRSN
Valuation 12 #44 of 50 51 #19 of 38 60 #16 of 38
Growth 82 #9 of 45 63 #14 of 36 23 #28 of 36
Profitability 13 #36 of 41 42 #20 of 34 100 #1 of 34
Financial Health 43 #36 of 62 14 #33 of 38 27 #28 of 38
Shareholder Returns – 67 #8 of 22 91 #3 of 22
Overall 37 47 60
  • IPM ranked among 66 companies in Technology Services
  • TCX ranked among 39 companies in Cloud Computing
  • VRSN ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodIPMTCXVRSNSPY
1 month -5.5%+14.2%+2.4% -1.0%
3 months -5.0%+37.5%+7.3% +2.9%
6 months -0.6%-29.3%+11.6% +6.4%
Year to date -0.6%-46.6%+23.6% +11.4%
1 year -14.5%-36.2%+19.8% +13.1%
3 years +6.2%-37.4%+45.2% +79.4%
3 years, per year +2.0%-14.5%+13.2% +21.5%
5 years -75.8%-85.3%+37.3% +67.7%
5 years, per year -24.7%-31.9%+6.5% +10.9%
10 years -72.9%-60.4%+268.2% +255.2%
10 years, per year -12.2%-8.9%+13.9% +13.5%

Risk

MeasureIPMTCXVRSNSPY
Volatility, 1Y 40.4%80.5%28.8% 12.7%
Downside volatility, 1Y 47.8%68.1%30.4% 12.7%
Beta vs S&P 500, 1Y 0.740.790.01 1.00
Return / volatility, 1Y -0.36-0.450.69 1.03
Max drawdown, 5Y -81.3%-90.7%-38.8% -25.4%
From 52-week high -20.5%-51.9%-3.1% -2.5%
52-week high $2.15$24.90$310.00 $779.14
52-week low $1.49$8.48$211.49 $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.

MultipleIPMTCXVRSN
P/E now vs peer median -6.0xmedian 17.7x -1.6xmedian 29.1x 31.8xmedian 29.1x
P/S now vs peer median 0.9xmedian 0.6x 0.3xmedian 4.5x 15.6xmedian 4.5x
EV/EBITDA now vs peer median -7.1xmedian 11.0x 48.0xmedian 21.5x 23.6xmedian 21.5x
P/FCF now vs peer median -34.6xmedian 12.3x -9.3xmedian 17.3x 26.3xmedian 17.3x
P/B now vs peer median 1.4xmedian 1.4x -0.7xmedian 3.9x -11.8xmedian 3.9x
PEG now vs peer median 0.84median 1.54 0.36median 0.33 3.27median 0.33

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 monthsIPMTCXVRSN
Revenue $25.19M $394.44M $1.73B
Gross profit $12.19M $98.23M $1.53B
Operating income -$4.54M -$28.33M $1.17B
Net income -$3.73M -$83.63M $849.80M
Free cash flow -$644.80K -$14.40M $1.02B
R&D – $18.35M $108.00M
EPS (diluted) $-0.29 $-7.50 $9.40
Cash & equivalents $5.23M $44.16M $206.80M
Total debt – $1.17B $7.70B
Shares (diluted) 13.04M 11.15M 90.40M
Enterprise value -$1.53M -$70.57M $25.16B

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
MetricIPMTCXVRSN
P/E -6.0x -1.6x 31.8x
P/FCF -34.6x -9.3x 26.3x
P/Operating cash flow -39.4x 30.5x 25.4x
P/S 0.9x 0.3x 15.6x
P/B 1.4x -0.7x -11.8x
P/Tangible book 2.7x -0.6x -11.0x
EV/EBITDA -7.1x 48.0x 23.6x
EV/EBIT -3.8x -13.5x 24.1x
EV/Revenue 0.7x 1.0x 16.3x
EV/FCF -26.5x -26.6x 27.6x
EV/Operating cash flow -30.1x 87.3x 26.6x
PEG (3Y EPS CAGR) 0.84 0.36 3.27

Growth

14 metrics
MetricIPMTCXVRSN
Revenue growth (1Y) 113.5% 4.2% 6.5%
Revenue CAGR (3Y) 32.1% 7.0% 5.3%
Gross profit growth (1Y) 92.0% 9.7% 7.2%
Gross profit CAGR (3Y) 15.8% 13.6% 6.1%
Operating income growth (1Y) 18.0% 36.8% 6.5%
Operating income CAGR (3Y) -14.2% 18.7% 5.8%
Net income growth (1Y) 48.5% 12.5% 4.8%
Net income CAGR (3Y) -20.2% -5.4% 5.1%
EPS growth (1Y) 47.9% 13.2% 8.5%
EPS CAGR (3Y) -7.1% -4.4% 9.8%
Operating cash flow growth (1Y) 59.3% 131.2% 2.8%
Operating cash flow CAGR (3Y) 37.4% 42.4% 7.0%
Free cash flow growth (1Y) 53.6% 70.7% 1.9%
Free cash flow CAGR (3Y) 34.6% 53.5% 7.8%

Profitability

14 metrics
MetricIPMTCXVRSN
Gross margin 48.4% 24.9% 88.6%
EBITDA margin -9.5% 2.0% 69.2%
Operating margin -18.0% -7.2% 67.6%
Pretax margin -16.6% -18.8% 64.2%
Net margin -14.8% -21.2% 49.1%
FCF margin -2.6% -3.7% 59.1%
Operating cash flow margin -2.2% 1.1% 61.3%
Return on equity -22.2% – –
Return on assets -12.9% -11.5% 55.1%
Return on invested capital – -27.8% –
Return on capital employed -22.1% -7.4% 730.9%
Asset turnover 0.9x 0.5x 1.1x
Cash conversion (OCF / net income) 0.2x -0.1x 1.2x
Stock comp / revenue 0.6% 1.6% 4.4%

Financial Health

11 metrics
MetricIPMTCXVRSN
Debt / assets – 40.4% 139.5%
Debt / equity – -1.5x -0.8x
Net debt / EBITDA – 31.3x 1.1x
Debt / FCF – -20.4x 1.7x
Liabilities / assets 43.0% 127.6% 278.5%
Equity / assets 57.0% -27.6% -178.5%
Interest coverage – – 15.0x
Current ratio 1.4x 0.6x 0.4x
Quick ratio 0.9x 0.2x 0.4x
Cash ratio 0.6x 0.1x 0.3x
Altman Z-score 0.25 -0.25 -4.02

Shareholder Returns

7 metrics
MetricIPMTCXVRSN
Dividend yield – – 1.1%
Net buyback yield – 0.0% 3.2%
Shareholder yield – 0.0% 4.3%
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.

ConsensusIPMTCXVRSN
Forward P/E 21.4xFY2026 – 32.2xFY2026
EPS, next fiscal year $0.08FY2026 $-5.95FY2026 $9.33FY2026
EPS growth, next FY – – +5.9%FY2026
EPS growth, the year after +75.0% – +13.6%
Revenue, next fiscal year $24.44MFY2026 $511.61MFY2026 $1.86BFY2026
Revenue growth, next FY +3.5%FY2026 +31.1%FY2026 +12.0%FY2026
Revenue growth, the year after +20.0% +0.4% +8.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPMTCXVRSN
Held by institutions – 47.2% 96.9%
Institutions holding – 70 880
Change in shares held, QoQ – -15.7% +17.8%
Institutions buying – 41 489
Institutions selling – 19 286
Buyers to sellers – 2.16 1.71

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.

IPMTCXVRSN
IPM 1.00 -0.02 0.11
TCX -0.02 1.00 0.06
VRSN 0.11 0.06 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, IPM, TCX and VRSN?

Verisign (VRSN) is the largest by market capitalisation: Intelligent Protection Management (IPM) $22.29M, Tucows (TCX) $118.73M, Verisign (VRSN) $27.81B.

Which company is growing faster?

Intelligent Protection Management (IPM) grew revenue fastest over the trailing twelve months: Intelligent Protection Management (IPM) +113.5%, Tucows (TCX) +4.2%, Verisign (VRSN) +6.5%.

Which company is more profitable?

Verisign (VRSN) has the highest net margin (Intelligent Protection Management (IPM) -14.8%, Tucows (TCX) -21.2%, Verisign (VRSN) 49.1%).

Which stock has performed better?

Over the past year Verisign (VRSN) returned the most: Intelligent Protection Management (IPM) -14.5%, Tucows (TCX) -36.2%, Verisign (VRSN) +19.8%. Over five years, Verisign (VRSN) compounded fastest (Intelligent Protection Management (IPM) -24.7%/yr, Tucows (TCX) -31.9%/yr, Verisign (VRSN) +6.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Verisign (VRSN) has been the steadiest (Intelligent Protection Management (IPM) 40.4%, Tucows (TCX) 80.5%, Verisign (VRSN) 28.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IPM, TCX and VRSN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Verisign (VRSN) leads on 7. 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.