LSPD vs BKNG vs VYX Stock Comparison

Lightspeed Commerce, Booking Holdings and NCR Voyix Prices as of Oct 28, 2026 Peers: Industry group
LSPD Lightspeed Commerce Inc.
$10.89 +12.4% 1M -13.6% 1Y
Market cap
$1.50B
P/E
–
Revenue (TTM)
$1.24B
Div. yield
–
Restaurant and Retail Software Technology
2 wins
BKNG Booking Holdings Inc.
$147.94 -9.7% 1M -27.8% 1Y
Market cap
$111.16B
P/E
15.8x
Revenue (TTM)
$28.24B
Div. yield
0.84%
Digital Marketplaces Technology
8 wins
VYX NCR Voyix Corp
$7.97 +16.7% 1M -32.5% 1Y
Market cap
$1.10B
P/E
18.9x
Revenue (TTM)
$2.53B
Div. yield
–
Restaurant and Retail Software Technology
1 win

Head to Head

11 decided of 12

Booking Holdings leads on 8 of the 12 questions below (Booking Holdings 8, Lightspeed Commerce 2, NCR Voyix 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLSPDBKNGVYXLeader
Larger companyMarket capitalisation $1.50B $111.16B $1.10B BKNG
Cheaper on earningsLower P/E, profitable companies only -15.6x 15.8x 18.9x BKNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x 13.6x 9.2x VYX
Faster revenue growthRevenue growth, trailing twelve months +11.6% +12.9% -4.8% BKNG
More profitableNet margin, trailing twelve months -7.8% 25.5% 2.3% BKNG
Better return on capitalReturn on invested capital — 75.5% 0.0% BKNG
Less leveragedLower net debt / EBITDA — 0.3x 3.5x BKNG
Higher dividend yieldTrailing dividend yield — 0.84% — –
Better 1-year returnPrice return, last 12 months -13.6% -27.8% -32.5% LSPD
Better 5-year returnAnnualised price return, 5 years -35.5%/yr +8.9%/yr -20.0%/yr BKNG
Less volatileAnnualised volatility, 1 year 44.5% 37.9% 60.0% BKNG
Higher overall scoreMean of the five percentile scores vs peers 72/100 60/100 46/100 LSPD

Percentile Scorecard

LSPDBKNGVYX

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

AxisLSPDBKNGVYX
Valuation 60 #36 of 89 65 #59 of 166 85 #14 of 89
Growth 94 #6 of 81 38 #95 of 152 19 #66 of 81
Profitability 40 #46 of 76 100 #1 of 152 47 #41 of 76
Financial Health 83 #17 of 94 40 #107 of 179 23 #73 of 94
Shareholder Returns 82 #10 of 52 57 #41 of 94 55 #24 of 52
Overall 72 60 46
  • LSPD ranked among 98 companies in Vertical Software
  • BKNG ranked among 185 companies in Internet Platforms
  • VYX ranked among 98 companies in Vertical Software

Price Performance

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

Returns

PeriodLSPDBKNGVYXSPY
1 month +12.4%-9.7%+16.7% +0.9%
3 months -1.2%-26.5%-8.0% +5.9%
6 months +20.2%-15.0%+16.0% +8.5%
Year to date -9.9%-30.9%-21.9% +13.3%
1 year -13.6%-27.8%-32.5% +12.4%
3 years -12.0%+34.7%-46.3% +88.1%
3 years, per year -4.2%+10.4%-18.7% +23.5%
5 years -88.9%+52.8%-67.1% +68.2%
5 years, per year -35.5%+8.9%-20.0% +11.0%
10 years —+150.8%-62.8% +263.4%
10 years, per year —+9.6%-9.4% +13.8%

Risk

MeasureLSPDBKNGVYXSPY
Volatility, 1Y 44.5%37.9%60.0% 12.7%
Downside volatility, 1Y 46.5%38.0%65.2% 12.7%
Beta vs S&P 500, 1Y 1.060.841.22 1.00
Return / volatility, 1Y -0.31-0.73-0.54 0.98
Max drawdown, 5Y -92.2%-39.5%-77.4% -25.4%
From 52-week high -19.0%-32.7%-32.5% -0.9%
52-week high $13.44$219.68$11.80 $779.14
52-week low $8.37$147.94$6.15 $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.

MultipleLSPDBKNGVYX
P/E now vs peer median -15.6xmedian 40.6x 15.8xmedian 16.8x 18.9xmedian 40.6x
P/S now vs peer median 1.2xmedian 2.4x 3.9xmedian 1.4x 0.4xmedian 2.4x
EV/EBITDA now vs peer median 191.5xmedian 18.3x 11.6xmedian 13.9x 8.0xmedian 18.3x
P/FCF now vs peer median 30.2xmedian 20.5x 11.7xmedian 11.4x -39.2xmedian 20.5x
P/B now vs peer median 1.1xmedian 1.8x -10.3xmedian 1.8x 1.2xmedian 1.8x
PEG now vs peer median -0.29median 1.74 -0.27median 0.36 -27.00median 1.74

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 monthsLSPDBKNGVYX
Revenue $1.24B $28.24B $2.53B
Gross profit $536.41M – $632.00M
Operating income -$115.79M $9.28B $27.00M
Net income -$97.27M $7.21B $76.00M
Free cash flow $49.64M $9.54B -$28.00M
R&D $125.76M – $152.00M
EPS (diluted) $-0.70 $9.36 $0.42
Cash & equivalents $372.14M $17.21B $237.00M
Total debt – $20.18B $1.10B
Shares (diluted) 139.17M 770.00M 137.80M
Enterprise value -$267.22M $44.21B $114.67M

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
MetricLSPDBKNGVYX
P/E -15.6x 15.8x 18.9x
P/FCF 30.2x 11.7x -39.2x
P/Operating cash flow 34.7x 11.3x 8.2x
P/S 1.2x 3.9x 0.4x
P/B 1.1x -10.3x 1.2x
P/Tangible book 1.1x -9.6x 1.3x
EV/EBITDA 191.5x 11.6x 8.0x
EV/EBIT -9.7x 12.3x 72.6x
EV/Revenue 0.9x 4.0x 0.8x
EV/FCF 22.7x 12.0x -70.0x
EV/Operating cash flow 26.1x 11.6x 14.7x
PEG (3Y EPS CAGR) -0.29 -0.27 -27.00

Growth

14 metrics
MetricLSPDBKNGVYX
Revenue growth (1Y) 11.6% 12.9% -4.8%
Revenue CAGR (3Y) 17.6% 13.4% -10.2%
Gross profit growth (1Y) 13.9% – 5.2%
Gross profit CAGR (3Y) 16.1% – -32.5%
Operating income growth (1Y) 83.3% 12.9% 170.0%
Operating income CAGR (3Y) 52.1% 15.3% -39.5%
Net income growth (1Y) 85.7% 49.8% -92.8%
Net income CAGR (3Y) 54.3% 17.4% 0.4%
EPS growth (1Y) 84.2% -93.7% -94.4%
EPS CAGR (3Y) 53.1% -57.3% -0.7%
Operating cash flow growth (1Y) 804.1% 2.9% 130.0%
Operating cash flow CAGR (3Y) 34.2% 13.2% -46.1%
Free cash flow growth (1Y) 3,659% 3.2% 96.1%
Free cash flow CAGR (3Y) 34.5% 13.9% -26.8%

Profitability

14 metrics
MetricLSPDBKNGVYX
Gross margin 43.1% – 25.0%
EBITDA margin 0.5% 34.9% 9.7%
Operating margin -9.3% 32.9% 1.1%
Pretax margin -7.7% 32.9% -1.7%
Net margin -7.8% 25.5% 2.3%
FCF margin 4.0% 33.8% -1.1%
Operating cash flow margin 3.5% 34.9% 5.3%
Return on equity -6.8% – 8.2%
Return on assets -6.0% 25.1% 2.0%
Return on invested capital – 75.5% 0.0%
Return on capital employed -8.0% 121.7% 0.9%
Asset turnover 0.8x 1.0x 0.7x
Cash conversion (OCF / net income) -0.4x 1.4x 1.8x
Stock comp / revenue 4.5% 2.1% 1.4%

Financial Health

11 metrics
MetricLSPDBKNGVYX
Debt / assets – 68.0% 28.6%
Debt / equity – -1.9x 1.2x
Net debt / EBITDA – 0.3x 3.5x
Debt / FCF – 2.1x -39.3x
Liabilities / assets 12.5% 136.3% 76.0%
Equity / assets 87.5% -36.3% 24.0%
Interest coverage – 8.4x 0.4x
Current ratio 3.5x 1.1x 1.1x
Quick ratio 2.4x 1.0x 0.7x
Cash ratio 2.0x 0.8x 0.2x
Altman Z-score 3.22 5.74 1.13

Shareholder Returns

7 metrics
MetricLSPDBKNGVYX
Dividend yield – 0.8% –
Net buyback yield 7.1% 9.5% 1.4%
Shareholder yield 7.1% 10.3% 1.4%
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.

ConsensusLSPDBKNGVYX
Forward P/E 18.2xFY2026 13.6xFY2026 9.2xFY2026
EPS, next fiscal year $0.60FY2026 $10.90FY2026 $0.87FY2026
EPS growth, next FY +36.4%FY2026 +19.5%FY2026 -3.3%FY2026
EPS growth, the year after +46.7% +16.7% +25.3%
Revenue, next fiscal year $1.22BFY2026 $27.56BFY2026 $2.33BFY2026
Revenue growth, next FY -0.6%FY2026 +2.4%FY2026 -13.3%FY2026
Revenue growth, the year after +23.4% +11.4% -4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLSPDBKNGVYX
Held by institutions 54.9% 92.9% 100.0%
Institutions holding 108 1,916 296
Change in shares held, QoQ -4.3% -9.6% +17.2%
Institutions buying 54 892 156
Institutions selling 37 828 65
Buyers to sellers 1.46 1.08 2.40

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.

LSPDBKNGVYX
LSPD 1.00 0.41 0.49
BKNG 0.41 1.00 0.41
VYX 0.49 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LSPD, BKNG and VYX?

Booking Holdings (BKNG) is the largest by market capitalisation: Lightspeed Commerce (LSPD) $1.50B, Booking Holdings (BKNG) $111.16B, NCR Voyix (VYX) $1.10B.

Which stock is cheaper, LSPD, BKNG and VYX?

Booking Holdings (BKNG) trades on the lowest price-to-earnings ratio (Lightspeed Commerce (LSPD) -15.6x, Booking Holdings (BKNG) 15.8x, NCR Voyix (VYX) 18.9x). On next year's consensus earnings, NCR Voyix (VYX) is cheapest (Lightspeed Commerce (LSPD) 18.2x, Booking Holdings (BKNG) 13.6x, NCR Voyix (VYX) 9.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

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%, NCR Voyix (VYX) -4.8%.

Which company is more profitable?

Booking Holdings (BKNG) has the highest net margin (Lightspeed Commerce (LSPD) -7.8%, Booking Holdings (BKNG) 25.5%, NCR Voyix (VYX) 2.3%). On return on invested capital, Booking Holdings (BKNG) leads (Booking Holdings (BKNG) 75.5%, NCR Voyix (VYX) 0.0%).

Which stock has performed better?

Over the past year Lightspeed Commerce (LSPD) returned the most: Lightspeed Commerce (LSPD) -13.6%, Booking Holdings (BKNG) -27.8%, NCR Voyix (VYX) -32.5%. Over five years, Booking Holdings (BKNG) compounded fastest (Lightspeed Commerce (LSPD) -35.5%/yr, Booking Holdings (BKNG) +8.9%/yr, NCR Voyix (VYX) -20.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Booking Holdings (BKNG) 0.84%. Lightspeed Commerce (LSPD) and NCR Voyix (VYX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Booking Holdings (BKNG) has been the steadiest (Lightspeed Commerce (LSPD) 44.5%, Booking Holdings (BKNG) 37.9%, NCR Voyix (VYX) 60.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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 8. 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.