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FRPH vs. TCX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FRPH vs. TCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FRP Holdings, Inc. (FRPH) and Tucows Inc. (TCX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FRPH achieves a 3.51% return, which is significantly higher than TCX's -38.94% return. Over the past 10 years, FRPH has outperformed TCX with an annualized return of 4.65%, while TCX has yielded a comparatively lower -5.55% annualized return.


FRPH

1D
2.70%
1M
11.22%
YTD
3.51%
6M
1.94%
1Y
-13.11%
3Y*
-6.22%
5Y*
-4.46%
10Y*
4.65%

TCX

1D
2.93%
1M
-11.05%
YTD
-38.94%
6M
-38.05%
1Y
-28.36%
3Y*
-23.69%
5Y*
-29.81%
10Y*
-5.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FRPH vs. TCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FRPH
FRP Holdings, Inc.
3.51%-25.60%-2.58%16.75%-6.82%26.89%-8.55%8.26%3.98%17.37%
TCX
Tucows Inc.
-38.94%30.81%-36.52%-20.40%-59.53%13.44%19.60%2.86%-14.26%98.72%

Correlation

The correlation between FRPH and TCX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.26

Correlation (All Time)
Calculated using the full available price history since May 1, 1996

0.10

Over the past year, FRPH and TCX have become more correlated (0.43) than their long-term average of 0.10, meaning their price movements have been converging.

Fundamentals

EPS

FRPH:

$0.07

TCX:

-$7.10

PS Ratio

FRPH:

7.81

TCX:

0.39

Total Revenue (TTM)

FRPH:

$43.13M

TCX:

$392.35M

Gross Profit (TTM)

FRPH:

$9.98M

TCX:

$90.79M

EBITDA (TTM)

FRPH:

$12.78M

TCX:

-$455.00K

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FRP Holdings, Inc.

Tucows Inc.

Return for Risk

FRPH vs. TCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRPH
FRPH Risk / Return Rank: 2121
Overall Rank
FRPH Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
FRPH Sortino Ratio Rank: 1818
Sortino Ratio Rank
FRPH Omega Ratio Rank: 1919
Omega Ratio Rank
FRPH Calmar Ratio Rank: 2323
Calmar Ratio Rank
FRPH Martin Ratio Rank: 2323
Martin Ratio Rank

TCX
TCX Risk / Return Rank: 1616
Overall Rank
TCX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
TCX Sortino Ratio Rank: 1717
Sortino Ratio Rank
TCX Omega Ratio Rank: 1818
Omega Ratio Rank
TCX Calmar Ratio Rank: 2020
Calmar Ratio Rank
TCX Martin Ratio Rank: 1212
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.

FRPH vs. TCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FRP Holdings, Inc. (FRPH) and Tucows Inc. (TCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FRPHTCXDifference
Sharpe ratioReturn per unit of total volatility

+0.09

Sortino ratioReturn per unit of downside risk

+0.06

Omega ratioGain probability vs. loss probability

0.93

0.93

+0.01

Calmar ratioReturn relative to maximum drawdown

-0.53

-0.61

+0.08

Martin ratioReturn relative to average drawdown

-0.92

-1.28

+0.36

FRPH vs. TCX - Sharpe Ratio Comparison

The current FRPH Sharpe Ratio is -0.51, which is comparable to the TCX Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of FRPH and TCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FRPHTCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.51

-0.59

+0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.17

-0.54

+0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.15

-0.12

+0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

-0.05

+0.21

Drawdowns

FRPH vs. TCX - Drawdown Comparison

The maximum FRPH drawdown since its inception was -61.53%, smaller than the maximum TCX drawdown of -98.68%. Use the drawdown chart below to compare losses from any high point for FRPH and TCX.


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Drawdown Indicators


FRPHTCXDifference

Max Drawdown

Largest peak-to-trough decline

-61.53%

-98.68%

+37.15%

Max Drawdown (1Y)

Largest decline over 1 year

-24.98%

-46.59%

+21.61%

Max Drawdown (3Y)

Largest decline over 3 years

-36.21%

-59.45%

+23.24%

Max Drawdown (5Y)

Largest decline over 5 years

-36.25%

-85.41%

+49.16%

Max Drawdown (10Y)

Largest decline over 10 years

-53.97%

-85.58%

+31.61%

Current Drawdown

Current decline from peak

-29.95%

-85.16%

+55.21%

Average Drawdown

Average peak-to-trough decline

-19.74%

-71.81%

+52.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.23%

22.19%

-7.96%

Volatility

FRPH vs. TCX - Volatility Comparison

The current volatility for FRP Holdings, Inc. (FRPH) is 9.43%, while Tucows Inc. (TCX) has a volatility of 15.69%. This indicates that FRPH experiences smaller price fluctuations and is considered to be less risky than TCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRPHTCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.43%

15.69%

-6.26%

Volatility (6M)

Calculated over the trailing 6-month period

17.89%

36.90%

-19.01%

Volatility (1Y)

Calculated over the trailing 1-year period

25.96%

47.96%

-22.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.73%

55.59%

-28.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.46%

48.27%

-16.81%

Dividends

FRPH vs. TCX - Dividend Comparison

Neither FRPH nor TCX has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

FRPH vs. TCX - Financials Comparison

This section allows you to compare key financial metrics between FRP Holdings, Inc. and Tucows Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00M40.00M60.00M80.00M100.00M20222023202420252026
10.59M
96.66M
(FRPH) Total Revenue
(TCX) Total Revenue
Values in USD except per share items

FRPH vs. TCX - Profitability Comparison

The chart below illustrates the profitability comparison between FRP Holdings, Inc. and Tucows Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%202220232024202520260
25.0%
Portfolio components
FRPH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FRP Holdings, Inc. reported a gross profit of 0.00 and revenue of 10.59M. Therefore, the gross margin over that period was 0.0%.

TCX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tucows Inc. reported a gross profit of 24.13M and revenue of 96.66M. Therefore, the gross margin over that period was 25.0%.

FRPH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FRP Holdings, Inc. reported an operating income of 512.00K and revenue of 10.59M, resulting in an operating margin of 4.8%.

TCX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tucows Inc. reported an operating income of -4.31M and revenue of 96.66M, resulting in an operating margin of -4.5%.

FRPH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FRP Holdings, Inc. reported a net income of -687.00K and revenue of 10.59M, resulting in a net margin of -6.5%.

TCX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tucows Inc. reported a net income of -18.11M and revenue of 96.66M, resulting in a net margin of -18.7%.


Frequently Asked Questions


FRPH and TCX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TCX has higher volatility (15.69%) compared to FRPH (9.43%). In terms of maximum drawdown, FRPH dropped -61.53% vs TCX's -98.68%.

FRPH currently has the higher Sharpe Ratio (-0.51 vs -0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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