TCX vs NET vs WIX Stock Comparison

Tucows, Cloudflare and Wix.com 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
1 win
NET Cloudflare, Inc.
$326.00 -7.4% 1M +50.1% 1Y
Market cap
$117.97B
P/E
–
Revenue (TTM)
$2.51B
Div. yield
–
Content Delivery Networks Technology
7 wins
WIX Wix.com Ltd.
$81.94 +6.7% 1M -41.6% 1Y
Market cap
$4.47B
P/E
–
Revenue (TTM)
—
Div. yield
–
Web Hosting and Domains Technology
2 wins

Head to Head

10 decided of 12

Cloudflare leads on 7 of the 12 questions below (Cloudflare 7, Wix.com 2, Tucows 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTCXNETWIXLeader
Larger companyMarket capitalisation $118.73M $117.97B $4.47B NET
Cheaper on earningsLower P/E, profitable companies only -1.4x -571.9x -25.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 250.8x 17.4x WIX
Faster revenue growthRevenue growth, trailing twelve months +4.2% +33.5% — NET
More profitableNet margin, trailing twelve months -21.2% -8.2% — NET
Better return on capitalReturn on invested capital -27.8% -12.4% — NET
Less leveragedLower net debt / EBITDA 31.3x 252.9x — TCX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -36.2% +50.1% -41.6% NET
Better 5-year returnAnnualised price return, 5 years -31.9%/yr +12.5%/yr -16.1%/yr NET
Less volatileAnnualised volatility, 1 year 80.5% 67.0% 76.4% NET
Higher overall scoreMean of the five percentile scores vs peers 47/100 49/100 51/100 WIX

Percentile Scorecard

TCXNETWIX

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

AxisTCXNETWIX
Valuation 51 #19 of 38 14 #33 of 38 81 #8 of 38
Growth 63 #14 of 36 66 #13 of 36 11 #32 of 36
Profitability 42 #20 of 34 46 #19 of 34 –
Financial Health 14 #33 of 38 60 #16 of 38 11 #34 of 38
Shareholder Returns 67 #8 of 22 62 #9 of 22 100 #1 of 22
Overall 47 49 51
  • TCX ranked among 39 companies in Cloud Computing
  • NET ranked among 39 companies in Cloud Computing
  • WIX ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodTCXNETWIXSPY
1 month +14.2%-7.4%+6.7% -1.0%
3 months +37.5%+24.3%+59.4% +2.9%
6 months -29.3%+57.4%+8.3% +6.4%
Year to date -46.6%+65.4%-21.1% +11.4%
1 year -36.2%+50.1%-41.6% +13.1%
3 years -37.4%+446.7%-5.7% +79.4%
3 years, per year -14.5%+76.2%-1.9% +21.5%
5 years -85.3%+79.8%-58.4% +67.7%
5 years, per year -31.9%+12.5%-16.1% +10.9%
10 years -60.4%—+82.7% +255.2%
10 years, per year -8.9%—+6.2% +13.5%

Risk

MeasureTCXNETWIXSPY
Volatility, 1Y 80.5%67.0%76.4% 12.7%
Downside volatility, 1Y 68.1%69.3%78.9% 12.7%
Beta vs S&P 500, 1Y 0.791.600.42 1.00
Return / volatility, 1Y -0.450.75-0.54 1.03
Max drawdown, 5Y -90.7%-82.6%-83.6% -25.4%
From 52-week high -51.9%-9.7%-43.7% -2.5%
52-week high $24.90$360.95$145.54 $779.14
52-week low $8.48$160.19$40.43 $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.

MultipleTCXNETWIX
P/E now vs peer median -1.6xmedian 29.1x -560.0xmedian 29.1x -26.1xmedian 29.1x
P/S now vs peer median 0.3xmedian 4.5x 41.8xmedian 4.5x —median 4.5x
EV/EBITDA now vs peer median 48.0xmedian 21.5x -9,003xmedian 21.5x -22.8xmedian 21.5x
P/FCF now vs peer median -9.3xmedian 17.3x 301.5xmedian 17.3x 10.5xmedian 17.3x
P/B now vs peer median -0.7xmedian 3.9x 64.8xmedian 3.9x -2.6xmedian 3.9x
PEG now vs peer median 0.36median 0.33 -128.93median 0.33 0.64median 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 monthsTCXNETWIX
Revenue $394.44M $2.51B –
Gross profit $98.23M $1.82B $1.42B
Operating income -$28.33M -$354.38M -$208.48M
Net income -$83.63M -$206.28M -$174.65M
Free cash flow -$14.40M $348.41M $430.73M
R&D $18.35M $573.30M $737.17M
EPS (diluted) $-7.50 $-0.58 $-3.03
Cash & equivalents $44.16M $1.66B $262.78M
Total debt $1.17B $5.17B –
Shares (diluted) 11.15M 354.33M 57.72M
Enterprise value -$70.57M $101.50B $204.57M

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
MetricTCXNETWIX
P/E -1.6x -560.0x -26.1x
P/FCF -9.3x 301.5x 10.5x
P/Operating cash flow 30.5x 165.8x 10.7x
P/S 0.3x 41.8x –
P/B -0.7x 64.8x -2.6x
P/Tangible book -0.6x 67.2x -2.5x
EV/EBITDA 48.0x -9,003x -22.8x
EV/EBIT -13.5x -288.3x -18.7x
EV/Revenue 1.0x 40.7x –
EV/FCF -26.6x 293.2x 9.1x
EV/Operating cash flow 87.3x 161.3x 9.3x
PEG (3Y EPS CAGR) 0.36 -128.93 0.64

Growth

14 metrics
MetricTCXNETWIX
Revenue growth (1Y) 4.2% 33.5% –
Revenue CAGR (3Y) 7.0% 30.6% –
Gross profit growth (1Y) 9.7% 27.3% 11.3%
Gross profit CAGR (3Y) 13.6% 28.9% 14.4%
Operating income growth (1Y) 36.8% -90.5% -245.2%
Operating income CAGR (3Y) 18.7% -21.0% -21.8%
Net income growth (1Y) 12.5% -76.2% -205.0%
Net income CAGR (3Y) -5.4% 2.3% -40.4%
EPS growth (1Y) 13.2% -72.8% -209.1%
EPS CAGR (3Y) -4.4% 4.3% -40.6%
Operating cash flow growth (1Y) 131.2% 32.6% -24.7%
Operating cash flow CAGR (3Y) 42.4% 41.9% 42.0%
Free cash flow growth (1Y) 70.7% 67.1% -24.1%
Free cash flow CAGR (3Y) 53.5% 61.1% 25.4%

Profitability

14 metrics
MetricTCXNETWIX
Gross margin 24.9% 72.6% –
EBITDA margin 2.0% -0.5% –
Operating margin -7.2% -14.1% –
Pretax margin -18.8% -7.9% –
Net margin -21.2% -8.2% –
FCF margin -3.7% 13.9% –
Operating cash flow margin 1.1% 25.2% –
Return on equity – -13.1% –
Return on assets -11.5% -3.3% -6.7%
Return on invested capital -27.8% -12.4% –
Return on capital employed -7.4% -9.6% -34.1%
Asset turnover 0.5x 0.4x –
Cash conversion (OCF / net income) -0.1x -3.1x -2.4x
Stock comp / revenue 1.6% 20.2% –

Financial Health

11 metrics
MetricTCXNETWIX
Debt / assets 40.4% 20.0% –
Debt / equity -1.5x 0.8x –
Net debt / EBITDA 31.3x 252.9x –
Debt / FCF -20.4x 3.7x –
Liabilities / assets 127.6% 75.0% 194.1%
Equity / assets -27.6% 25.0% -94.1%
Interest coverage – -30.9x –
Current ratio 0.6x 1.8x 0.6x
Quick ratio 0.2x 1.8x 0.4x
Cash ratio 0.1x 1.6x 0.3x
Altman Z-score -0.25 13.29 –

Shareholder Returns

7 metrics
MetricTCXNETWIX
Dividend yield – – –
Net buyback yield 0.0% -0.1% 29.2%
Shareholder yield 0.0% -0.1% 29.2%
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.

ConsensusTCXNETWIX
Forward P/E – 250.8xFY2026 17.4xFY2026
EPS, next fiscal year $-5.95FY2026 $1.30FY2026 $4.72FY2026
EPS growth, next FY – +39.8%FY2026 -35.5%FY2026
EPS growth, the year after – +21.5% +57.0%
Revenue, next fiscal year $511.61MFY2026 $3.02BFY2026 $2.18BFY2026
Revenue growth, next FY +31.1%FY2026 +39.0%FY2026 +9.6%FY2026
Revenue growth, the year after +0.4% +16.4% +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTCXNETWIX
Held by institutions 47.2% 88.2% 77.4%
Institutions holding 70 1,219 236
Change in shares held, QoQ -15.7% +2.8% -29.4%
Institutions buying 41 704 113
Institutions selling 19 378 96
Buyers to sellers 2.16 1.86 1.18

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.

TCXNETWIX
TCX 1.00 0.10 0.06
NET 0.10 1.00 0.23
WIX 0.06 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TCX, NET and WIX?

Cloudflare (NET) is the largest by market capitalisation: Tucows (TCX) $118.73M, Cloudflare (NET) $117.97B, Wix.com (WIX) $4.47B.

Which company is growing faster?

Cloudflare (NET) grew revenue fastest over the trailing twelve months: Tucows (TCX) +4.2%, Cloudflare (NET) +33.5%.

Which company is more profitable?

Cloudflare (NET) has the highest net margin (Tucows (TCX) -21.2%, Cloudflare (NET) -8.2%). On return on invested capital, Cloudflare (NET) leads (Tucows (TCX) -27.8%, Cloudflare (NET) -12.4%).

Which stock has performed better?

Over the past year Cloudflare (NET) returned the most: Tucows (TCX) -36.2%, Cloudflare (NET) +50.1%, Wix.com (WIX) -41.6%. Over five years, Cloudflare (NET) compounded fastest (Tucows (TCX) -31.9%/yr, Cloudflare (NET) +12.5%/yr, Wix.com (WIX) -16.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cloudflare (NET) has been the steadiest (Tucows (TCX) 80.5%, Cloudflare (NET) 67.0%, Wix.com (WIX) 76.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TCX, NET and WIX?

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