VRSN vs SHOP vs TCX Stock Comparison

Verisign, Shopify and Tucows Prices as of Oct 23, 2026 Peers: Industry group
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
8 wins
SHOP Shopify Inc.
$168.68 +18.5% 1M +1.0% 1Y
Market cap
$217.88B
P/E
113.0x
Revenue (TTM)
$13.27B
Div. yield
–
E-commerce Software Technology
2 wins
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

Head to Head

10 decided of 12

Verisign leads on 8 of the 12 questions below (Verisign 8, Shopify 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVRSNSHOPTCXLeader
Larger companyMarket capitalisation $27.81B $217.88B $118.73M SHOP
Cheaper on earningsLower P/E, profitable companies only 32.7x 113.0x -1.4x VRSN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.2x 90.7x — VRSN
Faster revenue growthRevenue growth, trailing twelve months +6.5% +32.5% +4.2% SHOP
More profitableNet margin, trailing twelve months 49.1% 14.5% -21.2% VRSN
Better return on capitalReturn on invested capital — — -27.8% –
Less leveragedLower net debt / EBITDA 1.1x — 31.3x VRSN
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +19.8% +1.0% -36.2% VRSN
Better 5-year returnAnnualised price return, 5 years +6.5%/yr +3.4%/yr -31.9%/yr VRSN
Less volatileAnnualised volatility, 1 year 28.8% 59.1% 80.5% VRSN
Higher overall scoreMean of the five percentile scores vs peers 60/100 57/100 47/100 VRSN

Percentile Scorecard

VRSNSHOPTCX

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

AxisVRSNSHOPTCX
Valuation 60 #16 of 38 19 #136 of 167 51 #19 of 38
Growth 23 #28 of 36 64 #56 of 153 63 #14 of 36
Profitability 100 #1 of 34 76 #38 of 153 42 #20 of 34
Financial Health 27 #28 of 38 92 #15 of 179 14 #33 of 38
Shareholder Returns 91 #3 of 22 37 #60 of 94 67 #8 of 22
Overall 60 57 47
  • VRSN ranked among 39 companies in Cloud Computing
  • SHOP ranked among 185 companies in Internet Platforms
  • TCX ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodVRSNSHOPTCXSPY
1 month +2.4%+18.5%+14.2% -1.0%
3 months +7.3%+48.3%+37.5% +2.9%
6 months +11.6%+34.1%-29.3% +6.4%
Year to date +23.6%+4.8%-46.6% +11.4%
1 year +19.8%+1.0%-36.2% +13.1%
3 years +45.2%+222.2%-37.4% +79.4%
3 years, per year +13.2%+47.7%-14.5% +21.5%
5 years +37.3%+18.3%-85.3% +67.7%
5 years, per year +6.5%+3.4%-31.9% +10.9%
10 years +268.2%+3,777.7%-60.4% +255.2%
10 years, per year +13.9%+44.2%-8.9% +13.5%

Risk

MeasureVRSNSHOPTCXSPY
Volatility, 1Y 28.8%59.1%80.5% 12.7%
Downside volatility, 1Y 30.4%60.6%68.1% 12.7%
Beta vs S&P 500, 1Y 0.011.880.79 1.00
Return / volatility, 1Y 0.690.02-0.45 1.03
Max drawdown, 5Y -38.8%-84.8%-90.7% -25.4%
From 52-week high -3.1%-5.9%-51.9% -2.5%
52-week high $310.00$179.22$24.90 $779.14
52-week low $211.49$95.40$8.48 $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.

MultipleVRSNSHOPTCX
P/E now vs peer median 31.8xmedian 29.1x 113.3xmedian 17.5x -1.6xmedian 29.1x
P/S now vs peer median 15.6xmedian 4.5x 16.5xmedian 1.4x 0.3xmedian 4.5x
EV/EBITDA now vs peer median 23.6xmedian 21.5x 114.0xmedian 14.9x 48.0xmedian 21.5x
P/FCF now vs peer median 26.3xmedian 17.3x 92.9xmedian 11.2x -9.3xmedian 17.3x
P/B now vs peer median -11.8xmedian 3.9x 17.2xmedian 1.7x -0.7xmedian 3.9x
PEG now vs peer median 3.27median 0.33 —median 0.42 0.36median 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 monthsVRSNSHOPTCX
Revenue $1.73B $13.27B $394.44M
Gross profit $1.53B $6.34B $98.23M
Operating income $1.17B $1.84B -$28.33M
Net income $849.80M $1.93B -$83.63M
Free cash flow $1.02B $2.35B -$14.40M
R&D $108.00M $1.65B $18.35M
EPS (diluted) $9.40 $1.49 $-7.50
Cash & equivalents $206.80M $1.66B $44.16M
Total debt $7.70B – $1.17B
Shares (diluted) 90.40M 1.30B 11.15M
Enterprise value $25.16B $195.06B -$70.57M

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
MetricVRSNSHOPTCX
P/E 31.8x 113.3x -1.6x
P/FCF 26.3x 92.9x -9.3x
P/Operating cash flow 25.4x 91.9x 30.5x
P/S 15.6x 16.5x 0.3x
P/B -11.8x 17.2x -0.7x
P/Tangible book -11.0x 17.3x -0.6x
EV/EBITDA 23.6x 114.0x 48.0x
EV/EBIT 24.1x 115.8x -13.5x
EV/Revenue 16.3x 16.1x 1.0x
EV/FCF 27.6x 90.8x -26.6x
EV/Operating cash flow 26.6x 89.8x 87.3x
PEG (3Y EPS CAGR) 3.27 – 0.36

Growth

14 metrics
MetricVRSNSHOPTCX
Revenue growth (1Y) 6.5% 32.5% 4.2%
Revenue CAGR (3Y) 5.3% – 7.0%
Gross profit growth (1Y) 7.2% 28.3% 9.7%
Gross profit CAGR (3Y) 6.1% – 13.6%
Operating income growth (1Y) 6.5% 48.5% 36.8%
Operating income CAGR (3Y) 5.8% – 18.7%
Net income growth (1Y) 4.8% -17.8% 12.5%
Net income CAGR (3Y) 5.1% – -5.4%
EPS growth (1Y) 8.5% -17.1% 13.2%
EPS CAGR (3Y) 9.8% – -4.4%
Operating cash flow growth (1Y) 2.8% 29.7% 131.2%
Operating cash flow CAGR (3Y) 7.0% – 42.4%
Free cash flow growth (1Y) 1.9% 29.4% 70.7%
Free cash flow CAGR (3Y) 7.8% – 53.5%

Profitability

14 metrics
MetricVRSNSHOPTCX
Gross margin 88.6% 47.8% 24.9%
EBITDA margin 69.2% 14.1% 2.0%
Operating margin 67.6% 13.9% -7.2%
Pretax margin 64.2% 17.6% -18.8%
Net margin 49.1% 14.5% -21.2%
FCF margin 59.1% 17.7% -3.7%
Operating cash flow margin 61.3% 17.9% 1.1%
Return on equity – 15.3% –
Return on assets 55.1% 13.5% -11.5%
Return on invested capital – – -27.8%
Return on capital employed 730.9% 14.4% -7.4%
Asset turnover 1.1x 0.9x 0.5x
Cash conversion (OCF / net income) 1.2x 1.2x -0.1x
Stock comp / revenue 4.4% 3.6% 1.6%

Financial Health

11 metrics
MetricVRSNSHOPTCX
Debt / assets 139.5% – 40.4%
Debt / equity -0.8x – -1.5x
Net debt / EBITDA 1.1x – 31.3x
Debt / FCF 1.7x – -20.4x
Liabilities / assets 278.5% 12.3% 127.6%
Equity / assets -178.5% 87.7% -27.6%
Interest coverage 15.0x – –
Current ratio 0.4x 5.4x 0.6x
Quick ratio 0.4x 3.7x 0.2x
Cash ratio 0.3x 3.4x 0.1x
Altman Z-score -4.02 75.63 -0.25

Shareholder Returns

7 metrics
MetricVRSNSHOPTCX
Dividend yield 1.1% – –
Net buyback yield 3.2% 0.8% 0.0%
Shareholder yield 4.3% 0.8% 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.

ConsensusVRSNSHOPTCX
Forward P/E 32.2xFY2026 90.7xFY2026 –
EPS, next fiscal year $9.33FY2026 $1.86FY2026 $-5.95FY2026
EPS growth, next FY +5.9%FY2026 +31.0%FY2026 –
EPS growth, the year after +13.6% +26.3% –
Revenue, next fiscal year $1.86BFY2026 $15.58BFY2026 $511.61MFY2026
Revenue growth, next FY +12.0%FY2026 +36.1%FY2026 +31.1%FY2026
Revenue growth, the year after +8.9% +14.8% +0.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVRSNSHOPTCX
Held by institutions 96.9% 68.9% 47.2%
Institutions holding 880 1,704 70
Change in shares held, QoQ +17.8% +3.6% -15.7%
Institutions buying 489 788 41
Institutions selling 286 651 19
Buyers to sellers 1.71 1.21 2.16

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.

VRSNSHOPTCX
VRSN 1.00 0.13 0.06
SHOP 0.13 1.00 0.04
TCX 0.06 0.04 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, VRSN, SHOP and TCX?

Shopify (SHOP) is the largest by market capitalisation: Verisign (VRSN) $27.81B, Shopify (SHOP) $217.88B, Tucows (TCX) $118.73M.

Which stock is cheaper, VRSN, SHOP and TCX?

Verisign (VRSN) trades on the lowest price-to-earnings ratio (Verisign (VRSN) 32.7x, Shopify (SHOP) 113.0x, Tucows (TCX) -1.4x). On next year's consensus earnings, Verisign (VRSN) is cheapest (Verisign (VRSN) 32.2x, Shopify (SHOP) 90.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Shopify (SHOP) grew revenue fastest over the trailing twelve months: Verisign (VRSN) +6.5%, Shopify (SHOP) +32.5%, Tucows (TCX) +4.2%.

Which company is more profitable?

Verisign (VRSN) has the highest net margin (Verisign (VRSN) 49.1%, Shopify (SHOP) 14.5%, Tucows (TCX) -21.2%).

Which stock has performed better?

Over the past year Verisign (VRSN) returned the most: Verisign (VRSN) +19.8%, Shopify (SHOP) +1.0%, Tucows (TCX) -36.2%. Over five years, Verisign (VRSN) compounded fastest (Verisign (VRSN) +6.5%/yr, Shopify (SHOP) +3.4%/yr, Tucows (TCX) -31.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Verisign (VRSN) has been the steadiest (Verisign (VRSN) 28.8%, Shopify (SHOP) 59.1%, Tucows (TCX) 80.5%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.