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Tucows Inc. (TCX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US8986972060
CUSIP
456662105
IPO Date
Apr 29, 1996

Highlights

Market Cap
$190.92M
Enterprise Value
$962.86M
EPS (TTM)
-$6.84
Total Revenue (TTM)
$390.30M
Gross Profit (TTM)
$104.65M
EBITDA (TTM)
$65.43M
Year Range
$13.27 - $25.17
ROA (TTM)
-10.37%
ROE (TTM)
46.17%

Share Price Chart


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Tucows Inc.

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Tucows Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Tucows Inc. (TCX) has returned -23.46% so far this year and 1.66% over the past 12 months. Over the last ten years, TCX has returned -2.73% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Tucows Inc.

1D
1.18%
1M
-5.51%
YTD
-23.46%
6M
-7.52%
1Y
1.66%
3Y*
-4.09%
5Y*
-26.39%
10Y*
-2.73%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 30, 1996, TCX's average daily return is +0.11%, while the average monthly return is +1.79%. At this rate, your investment would double in approximately 3.3 years.

Historically, 47% of months were positive and 53% were negative. The best month was Nov 1998 with a return of +313.7%, while the worst month was Sep 2001 at -51.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TCX closed higher 43% of trading days. The best single day was Nov 13, 1998 with a return of +136.8%, while the worst single day was Oct 19, 1998 at -39.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.89%-18.27%-5.51%-23.46%
2025-11.03%30.30%-15.05%-3.67%19.31%1.60%-12.58%6.09%1.50%3.26%13.10%3.46%30.81%
2024-14.37%-18.25%-1.80%-4.80%28.47%-14.89%30.28%-14.94%-2.43%-11.35%-4.48%-3.11%-36.52%
2023-2.21%-30.30%-15.87%15.12%38.90%-10.80%11.36%-23.44%-13.70%-17.25%25.58%27.30%-20.40%
2022-5.75%-14.96%1.67%-15.64%-15.97%-8.08%3.95%1.56%-20.39%20.16%-31.70%10.49%-59.53%
20218.13%-1.10%-1.92%1.43%-0.65%2.84%-3.19%-4.69%6.53%4.24%-1.18%3.06%13.44%

Benchmark Metrics

Tucows Inc. has an annualized alpha of 25.77%, beta of 0.60, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since May 01, 1996.

  • This stock participated in 134.85% of S&P 500 Index downside but only 86.28% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.60 may look defensive, but with R² of 0.02 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.02 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
25.77%
Beta
0.60
0.02
Upside Capture
86.28%
Downside Capture
134.85%

Return for Risk

Risk / Return Rank

TCX ranks 40 for risk / return — below 40% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


TCX Risk / Return Rank: 4040
Overall Rank
TCX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
TCX Sortino Ratio Rank: 3939
Sortino Ratio Rank
TCX Omega Ratio Rank: 3737
Omega Ratio Rank
TCX Calmar Ratio Rank: 4141
Calmar Ratio Rank
TCX Martin Ratio Rank: 4141
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Tucows Inc. (TCX) and compare them to a chosen benchmark (S&P 500 Index).


TCXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.03

0.90

-0.86

Sortino ratio

Return per unit of downside risk

0.40

1.39

-0.98

Omega ratio

Gain probability vs. loss probability

1.05

1.21

-0.16

Calmar ratio

Return relative to maximum drawdown

0.02

1.40

-1.38

Martin ratio

Return relative to average drawdown

0.04

6.61

-6.56

Explore TCX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Tucows Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Tucows Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tucows Inc. was 98.68%, occurring on Oct 24, 2002. Recovery took 3813 trading sessions.

The current Tucows Inc. drawdown is 81.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-98.68%Feb 14, 2000677Oct 24, 20023813Dec 15, 20174490
-91.07%May 23, 1996608Oct 19, 1998332Feb 11, 2000940
-84.52%Jan 28, 20211054Apr 8, 2025
-51.92%Apr 16, 2019229Mar 12, 2020221Jan 27, 2021450
-28.37%Jan 2, 2018211Oct 31, 201856Jan 24, 2019267

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Tucows Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Tucows Inc. is priced in the market compared to other companies in the Software - Infrastructure industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for TCX relative to other companies in the Software - Infrastructure industry. Currently, TCX has a P/S ratio of 0.5. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items