LSPD vs BKNG vs TACT Stock Comparison

Lightspeed Commerce, Booking Holdings and Transact Technologies Prices as of Oct 29, 2026 Peers: Industry group
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LSPD Lightspeed Commerce Inc.
$10.95 +12.2% 1M -10.4% 1Y
Market cap
$1.51B
P/E
–
Revenue (TTM)
$1.24B
Div. yield
–
Restaurant and Retail Software Technology
1 win
BKNG Booking Holdings Inc.
$150.43 -7.3% 1M -25.9% 1Y
Market cap
$113.63B
P/E
15.8x
Revenue (TTM)
$28.24B
Div. yield
–
Digital Marketplaces Technology
7 wins
TACT Transact Technologies Inc
$5.59 +20.7% 1M +17.9% 1Y
Market cap
$57.62M
P/E
–
Revenue (TTM)
$52.99M
Div. yield
–
Restaurant and Retail Software Technology
2 wins

Head to Head

10 decided of 12

Booking Holdings leads on 7 of the 12 questions below (Booking Holdings 7, Transact Technologies 2, Lightspeed Commerce 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLSPDBKNGTACTLeader
Larger companyMarket capitalisation $1.51B $113.63B $57.62M BKNG
Cheaper on earningsLower P/E, profitable companies only -15.5x 15.8x -144.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x 13.8x — BKNG
Faster revenue growthRevenue growth, trailing twelve months +11.6% +12.9% +10.5% BKNG
More profitableNet margin, trailing twelve months -7.8% 25.5% -0.8% BKNG
Better return on capitalReturn on invested capital — 75.5% -1.2% BKNG
Less leveragedLower net debt / EBITDA — 0.3x -82.3x TACT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -10.4% -25.9% +17.9% TACT
Better 5-year returnAnnualised price return, 5 years -35.5%/yr +9.2%/yr -16.9%/yr BKNG
Less volatileAnnualised volatility, 1 year 44.4% 38.0% 51.2% BKNG
Higher overall scoreMean of the five percentile scores vs peers 73/100 61/100 60/100 LSPD

Percentile Scorecard

LSPDBKNGTACT

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

AxisLSPDBKNGTACT
Valuation 61 #35 of 89 66 #58 of 166 82 #17 of 89
Growth 94 #6 of 81 38 #95 of 153 29 #58 of 81
Profitability 40 #46 of 76 100 #1 of 153 49 #39 of 76
Financial Health 83 #17 of 93 41 #106 of 179 79 #20 of 93
Shareholder Returns 88 #7 of 50 58 #39 of 91 –
Overall 73 61 60
  • LSPD ranked among 98 companies in Vertical Software
  • BKNG ranked among 185 companies in Internet Platforms
  • TACT ranked among 98 companies in Vertical Software

Price Performance

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

Returns

PeriodLSPDBKNGTACTSPY
1 month +12.2%-7.3%+20.7% +0.7%
3 months +13.6%-22.2%+13.4% +3.7%
6 months +18.4%-10.6%+67.9% +7.1%
Year to date -9.4%-29.8%+39.8% +12.8%
1 year -10.4%-25.9%+17.9% +11.9%
3 years -13.4%+34.9%-6.7% +85.2%
3 years, per year -4.7%+10.5%-2.3% +22.8%
5 years -88.8%+55.4%-60.4% +67.6%
5 years, per year -35.5%+9.2%-16.9% +10.9%
10 years —+155.0%-21.3% +262.0%
10 years, per year —+9.8%-2.4% +13.7%

Risk

MeasureLSPDBKNGTACTSPY
Volatility, 1Y 44.4%38.0%51.2% 12.7%
Downside volatility, 1Y 46.5%38.1%48.3% 12.6%
Beta vs S&P 500, 1Y 1.060.830.61 1.00
Return / volatility, 1Y -0.23-0.680.35 0.94
Max drawdown, 5Y -92.2%-39.5%-76.6% -25.4%
From 52-week high -18.5%-31.5%-4.3% -1.2%
52-week high $13.44$219.68$5.84 $779.14
52-week low $8.37$147.94$3.21 $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.

MultipleLSPDBKNGTACT
P/E now vs peer median -15.7xmedian 39.2x 16.0xmedian 16.7x -143.8xmedian 39.2x
P/S now vs peer median 1.2xmedian 2.4x 4.0xmedian 1.4x 1.1xmedian 2.4x
EV/EBITDA now vs peer median 192.9xmedian 17.3x 11.8xmedian 12.7x 207.7xmedian 17.3x
P/FCF now vs peer median 30.4xmedian 20.3x 11.8xmedian 10.5x 11.0xmedian 20.3x
P/B now vs peer median 1.1xmedian 1.8x -10.5xmedian 1.7x 1.8xmedian 1.8x
PEG now vs peer median -0.30median 1.52 -0.28median 0.39 5.19median 1.52

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 monthsLSPDBKNGTACT
Revenue $1.24B $28.24B $52.99M
Gross profit $536.41M – $26.26M
Operating income -$115.79M $9.28B -$425.00K
Net income -$97.27M $7.21B -$400.00K
Free cash flow $49.64M $9.54B $5.23M
R&D $125.76M – $5.95M
EPS (diluted) $-0.70 $9.36 $-0.04
Cash & equivalents $372.14M $17.21B $19.39M
Total debt – $20.18B $3.00M
Shares (diluted) 139.17M 770.00M 10.29M
Enterprise value -$260.40M $46.68B -$21.08M

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
MetricLSPDBKNGTACT
P/E -15.7x 16.0x -143.8x
P/FCF 30.4x 11.8x 11.0x
P/Operating cash flow 34.9x 11.5x 10.6x
P/S 1.2x 4.0x 1.1x
P/B 1.1x -10.5x 1.8x
P/Tangible book 1.2x -9.7x 2.0x
EV/EBITDA 192.9x 11.8x 207.7x
EV/EBIT -9.8x 12.5x -97.2x
EV/Revenue 0.9x 4.1x 0.8x
EV/FCF 22.9x 12.2x 7.9x
EV/Operating cash flow 26.3x 11.8x 7.6x
PEG (3Y EPS CAGR) -0.30 -0.28 5.19

Growth

14 metrics
MetricLSPDBKNGTACT
Revenue growth (1Y) 11.6% 12.9% 10.5%
Revenue CAGR (3Y) 17.6% 13.4% -12.1%
Gross profit growth (1Y) 13.9% – 15.4%
Gross profit CAGR (3Y) 16.1% – -12.7%
Operating income growth (1Y) 83.3% 12.9% 80.3%
Operating income CAGR (3Y) 52.1% 15.3% -27.5%
Net income growth (1Y) 85.7% 49.8% 95.4%
Net income CAGR (3Y) 54.3% 17.4% -27.8%
EPS growth (1Y) 84.2% -93.7% 95.5%
EPS CAGR (3Y) 53.1% -57.3% -27.7%
Operating cash flow growth (1Y) 804.1% 2.9% -11.4%
Operating cash flow CAGR (3Y) 34.2% 13.2% -3.5%
Free cash flow growth (1Y) 3,659% 3.2% -13.4%
Free cash flow CAGR (3Y) 34.5% 13.9% 2.8%

Profitability

14 metrics
MetricLSPDBKNGTACT
Gross margin 43.1% – 49.6%
EBITDA margin 0.5% 34.9% 0.4%
Operating margin -9.3% 32.9% -0.8%
Pretax margin -7.7% 32.9% -0.5%
Net margin -7.8% 25.5% -0.8%
FCF margin 4.0% 33.8% 9.9%
Operating cash flow margin 3.5% 34.9% 10.3%
Return on equity -6.8% – -1.2%
Return on assets -6.0% 25.1% -0.8%
Return on invested capital – 75.5% -1.2%
Return on capital employed -8.0% 121.7% -1.2%
Asset turnover 0.8x 1.0x 1.1x
Cash conversion (OCF / net income) -0.4x 1.4x -13.6x
Stock comp / revenue 4.5% 2.1% 3.8%

Financial Health

11 metrics
MetricLSPDBKNGTACT
Debt / assets – 68.0% 5.9%
Debt / equity – -1.9x 0.1x
Net debt / EBITDA – 0.3x -82.3x
Debt / FCF – 2.1x 0.6x
Liabilities / assets 12.5% 136.3% 36.0%
Equity / assets 87.5% -36.3% 64.0%
Interest coverage – 8.4x -1.3x
Current ratio 3.5x 1.1x 2.7x
Quick ratio 2.4x 1.0x 1.9x
Cash ratio 2.0x 0.8x 1.3x
Altman Z-score 3.24 5.77 3.60

Shareholder Returns

7 metrics
MetricLSPDBKNGTACT
Dividend yield – 0.8% –
Net buyback yield 7.0% 9.3% –
Shareholder yield 7.0% 10.1% 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.

ConsensusLSPDBKNGTACT
Forward P/E 18.2xFY2026 13.8xFY2026 –
EPS, next fiscal year $0.60FY2026 $10.90FY2026 $-0.04FY2026
EPS growth, next FY +36.4%FY2026 +19.5%FY2026 –
EPS growth, the year after +46.7% +16.7% –
Revenue, next fiscal year $1.22BFY2026 $27.56BFY2026 $59.30MFY2026
Revenue growth, next FY -0.6%FY2026 +2.4%FY2026 +15.2%FY2026
Revenue growth, the year after +23.4% +11.4% -7.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLSPDBKNGTACT
Held by institutions 54.9% 92.9% 38.0%
Institutions holding 108 1,917 37
Change in shares held, QoQ -4.3% -9.6% -14.2%
Institutions buying 54 892 13
Institutions selling 37 829 8
Buyers to sellers 1.46 1.08 1.63

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.

LSPDBKNGTACT
LSPD 1.00 0.41 0.00
BKNG 0.41 1.00 0.01
TACT 0.00 0.01 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, LSPD, BKNG and TACT?

Booking Holdings (BKNG) is the largest by market capitalisation: Lightspeed Commerce (LSPD) $1.51B, Booking Holdings (BKNG) $113.63B, Transact Technologies (TACT) $57.62M.

Which company is growing faster?

Booking Holdings (BKNG) grew revenue fastest over the trailing twelve months: Lightspeed Commerce (LSPD) +11.6%, Booking Holdings (BKNG) +12.9%, Transact Technologies (TACT) +10.5%.

Which company is more profitable?

Booking Holdings (BKNG) has the highest net margin (Lightspeed Commerce (LSPD) -7.8%, Booking Holdings (BKNG) 25.5%, Transact Technologies (TACT) -0.8%). On return on invested capital, Booking Holdings (BKNG) leads (Booking Holdings (BKNG) 75.5%, Transact Technologies (TACT) -1.2%).

Which stock has performed better?

Over the past year Transact Technologies (TACT) returned the most: Lightspeed Commerce (LSPD) -10.4%, Booking Holdings (BKNG) -25.9%, Transact Technologies (TACT) +17.9%. Over five years, Booking Holdings (BKNG) compounded fastest (Lightspeed Commerce (LSPD) -35.5%/yr, Booking Holdings (BKNG) +9.2%/yr, Transact Technologies (TACT) -16.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Booking Holdings (BKNG) has been the steadiest (Lightspeed Commerce (LSPD) 44.4%, Booking Holdings (BKNG) 38.0%, Transact Technologies (TACT) 51.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LSPD, BKNG and TACT?

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