TCX vs ELRE vs SHOP Stock Comparison

Tucows, Yinfu Gold and Shopify Prices as of Oct 28, 2026 Peers: Industry group
TCX Tucows Inc /Pa/
$10.23 +6.7% 1M -45.1% 1Y
Market cap
$113.83M
P/E
–
Revenue (TTM)
$394.44M
Div. yield
–
Web Hosting and Domains Technology
ELRE Yinfu Gold Corp.
$0.86 +104.8% 1M +100.0% 1Y
Market cap
$8.53M
P/E
–
Revenue (TTM)
—
Div. yield
–
Web Hosting and Domains Technology
1 win
SHOP Shopify Inc.
$168.22 +16.8% 1M -6.0% 1Y
Market cap
$216.42B
P/E
112.3x
Revenue (TTM)
$13.27B
Div. yield
–
E-commerce Software Technology
6 wins

Head to Head

7 decided of 12

Shopify leads on 6 of the 12 questions below (Shopify 6, Yinfu Gold 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTCXELRESHOPLeader
Larger companyMarket capitalisation $113.83M $8.53M $216.42B SHOP
Cheaper on earningsLower P/E, profitable companies only -1.4x -65.1x 112.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 89.5x –
Faster revenue growthRevenue growth, trailing twelve months +4.2% — +32.5% SHOP
More profitableNet margin, trailing twelve months -21.2% — 14.5% SHOP
Better return on capitalReturn on invested capital -27.8% — — –
Less leveragedLower net debt / EBITDA 31.3x — — –
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months -45.1% +100.0% -6.0% ELRE
Better 5-year returnAnnualised price return, 5 years -34.1%/yr -27.0%/yr +2.8%/yr SHOP
Less volatileAnnualised volatility, 1 year 81.3% 276.2% 59.0% SHOP
Higher overall scoreMean of the five percentile scores vs peers 48/100 31/100 58/100 SHOP

Percentile Scorecard

TCXELRESHOP

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

AxisTCXELRESHOP
Valuation 51 #19 of 38 38 #24 of 38 19 #135 of 166
Growth 63 #14 of 36 54 #17 of 36 63 #57 of 152
Profitability 42 #20 of 34 – 78 #35 of 152
Financial Health 14 #33 of 38 0 #38 of 38 92 #15 of 179
Shareholder Returns 70 #7 of 21 – 38 #59 of 94
Overall 48 31 58
  • TCX ranked among 39 companies in Cloud Computing
  • ELRE ranked among 39 companies in Cloud Computing
  • SHOP ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodTCXELRESHOPSPY
1 month +6.7%+104.8%+16.8% +0.9%
3 months +9.6%-9.5%+30.2% +5.9%
6 months -34.7%+68.6%+38.7% +8.5%
Year to date -54.4%+104.8%+4.5% +13.3%
1 year -45.1%+100.0%-6.0% +12.4%
3 years -38.7%+473.3%+262.5% +88.1%
3 years, per year -15.1%+79.1%+53.7% +23.5%
5 years -87.6%-79.3%+14.7% +68.2%
5 years, per year -34.1%-27.0%+2.8% +11.0%
10 years -65.7%-98.8%+4,023.0% +263.4%
10 years, per year -10.2%-35.6%+45.1% +13.8%

Risk

MeasureTCXELRESHOPSPY
Volatility, 1Y 81.3%276.2%59.0% 12.7%
Downside volatility, 1Y 69.6%931.1%60.1% 12.7%
Beta vs S&P 500, 1Y 0.74-0.171.86 1.00
Return / volatility, 1Y -0.550.36-0.10 0.98
Max drawdown, 5Y -90.7%-97.1%-84.8% -25.4%
From 52-week high -58.9%-16.5%-6.1% -0.9%
52-week high $24.90$1.03$179.22 $779.14
52-week low $8.48$0.42$95.40 $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.

MultipleTCXELRESHOP
P/E now vs peer median -1.4xmedian 27.6x -65.1xmedian 27.6x 113.0xmedian 16.8x
P/S now vs peer median 0.3xmedian 4.8x —median 4.8x 16.4xmedian 1.4x
EV/EBITDA now vs peer median 45.6xmedian 24.1x —median 24.1x 113.7xmedian 13.9x
P/FCF now vs peer median -7.9xmedian 15.0x -170.0xmedian 15.0x 92.6xmedian 11.4x
P/B now vs peer median -0.6xmedian 4.4x -13.4xmedian 4.4x 17.2xmedian 1.8x
PEG now vs peer median 0.31median 0.38 -0.94median 0.38 —median 0.36

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 monthsTCXELRESHOP
Revenue $394.44M – $13.27B
Gross profit $98.23M – $6.34B
Operating income -$28.33M -$147.96K $1.84B
Net income -$83.63M -$131.06K $1.93B
Free cash flow -$14.40M -$50.16K $2.35B
R&D $18.35M – $1.65B
EPS (diluted) $-7.50 $0.00 $1.49
Cash & equivalents $44.16M $822.00 $1.66B
Total debt $1.17B – –
Shares (diluted) 11.15M 121.98M 1.30B
Enterprise value -$75.48M $8.53M $193.60B

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
MetricTCXELRESHOP
P/E -1.4x -65.1x 113.0x
P/FCF -7.9x -170.0x 92.6x
P/Operating cash flow 26.0x -170.0x 91.7x
P/S 0.3x – 16.4x
P/B -0.6x -13.4x 17.2x
P/Tangible book -0.5x -13.4x 17.2x
EV/EBITDA 45.6x – 113.7x
EV/EBIT -12.8x -57.6x 115.5x
EV/Revenue 0.9x – 16.0x
EV/FCF -25.2x -170.0x 90.5x
EV/Operating cash flow 82.9x -170.0x 89.6x
PEG (3Y EPS CAGR) 0.31 -0.94 –

Growth

14 metrics
MetricTCXELRESHOP
Revenue growth (1Y) 4.2% – 32.5%
Revenue CAGR (3Y) 7.0% – –
Gross profit growth (1Y) 9.7% – 28.3%
Gross profit CAGR (3Y) 13.6% – –
Operating income growth (1Y) 36.8% -69.3% 48.5%
Operating income CAGR (3Y) 18.7% 26.5% –
Net income growth (1Y) 12.5% -545.1% -17.8%
Net income CAGR (3Y) -5.4% 29.3% –
EPS growth (1Y) 13.2% -545.1% -17.1%
EPS CAGR (3Y) -4.4% 69.4% –
Operating cash flow growth (1Y) 131.2% 30.4% 29.7%
Operating cash flow CAGR (3Y) 42.4% 11.1% –
Free cash flow growth (1Y) 70.7% 30.4% 29.4%
Free cash flow CAGR (3Y) 53.5% 11.1% –

Profitability

14 metrics
MetricTCXELRESHOP
Gross margin 24.9% – 47.8%
EBITDA margin 2.0% – 14.1%
Operating margin -7.2% – 13.9%
Pretax margin -18.8% – 17.6%
Net margin -21.2% – 14.5%
FCF margin -3.7% – 17.7%
Operating cash flow margin 1.1% – 17.9%
Return on equity – – 15.3%
Return on assets -11.5% -658.0% 13.5%
Return on invested capital -27.8% – –
Return on capital employed -7.4% – 14.4%
Asset turnover 0.5x – 0.9x
Cash conversion (OCF / net income) -0.1x 0.4x 1.2x
Stock comp / revenue 1.6% – 3.6%

Financial Health

11 metrics
MetricTCXELRESHOP
Debt / assets 40.4% – –
Debt / equity -1.5x – –
Net debt / EBITDA 31.3x – –
Debt / FCF -20.4x – –
Liabilities / assets 127.6% 3,692% 12.3%
Equity / assets -27.6% -3,592% 87.7%
Interest coverage – – –
Current ratio 0.6x 0.0x 5.4x
Quick ratio 0.2x 0.0x 3.7x
Cash ratio 0.1x 0.0x 3.4x
Altman Z-score -0.27 – 75.43

Shareholder Returns

7 metrics
MetricTCXELRESHOP
Dividend yield – – –
Net buyback yield 0.0% – 0.8%
Shareholder yield 0.0% – 0.8%
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.

ConsensusTCXELRESHOP
Forward P/E – – 89.5xFY2026
EPS, next fiscal year $-5.95FY2026 – $1.88FY2026
EPS growth, next FY – – +32.4%FY2026
EPS growth, the year after – – +26.6%
Revenue, next fiscal year $511.61MFY2026 – $15.78BFY2026
Revenue growth, next FY +31.1%FY2026 – +37.8%FY2026
Revenue growth, the year after +0.4% – +14.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTCXELRESHOP
Held by institutions 47.2% – 68.9%
Institutions holding 70 – 1,704
Change in shares held, QoQ -15.7% – +3.6%
Institutions buying 41 – 788
Institutions selling 19 – 651
Buyers to sellers 2.16 – 1.21

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.

TCXELRESHOP
TCX 1.00 0.02 0.04
ELRE 0.02 1.00 0.10
SHOP 0.04 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TCX, ELRE and SHOP?

Shopify (SHOP) is the largest by market capitalisation: Tucows (TCX) $113.83M, Yinfu Gold (ELRE) $8.53M, Shopify (SHOP) $216.42B.

Which company is growing faster?

Shopify (SHOP) grew revenue fastest over the trailing twelve months: Tucows (TCX) +4.2%, Shopify (SHOP) +32.5%.

Which company is more profitable?

Shopify (SHOP) has the highest net margin (Tucows (TCX) -21.2%, Shopify (SHOP) 14.5%).

Which stock has performed better?

Over the past year Yinfu Gold (ELRE) returned the most: Tucows (TCX) -45.1%, Yinfu Gold (ELRE) +100.0%, Shopify (SHOP) -6.0%. Over five years, Shopify (SHOP) compounded fastest (Tucows (TCX) -34.1%/yr, Yinfu Gold (ELRE) -27.0%/yr, Shopify (SHOP) +2.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Shopify (SHOP) has been the steadiest (Tucows (TCX) 81.3%, Yinfu Gold (ELRE) 276.2%, Shopify (SHOP) 59.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TCX, ELRE and SHOP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Shopify (SHOP) leads on 6. 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.