US · TCX
Tucows Inc.
- Sector
- Technology · Software - Infrastructure
- Headquarters
- Toronto, ON M6K 3M1
- Website
- tucows.com
Price · as of 2025-12-31
$15.83
Market cap 201.65M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $87.91 | +455.34% |
| Intrinsic Value(DCF) | $8.96 | -43.4% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $3.80 | $38.12 | $7.93 | $3.17 | $10.29 |
| 2012 | $7.28 | $47.36 | $22.57 | $2.60 | $9.86 |
| 2013 | $13.94 | $50.75 | $40.82 | $2.77 | $8.29 |
| 2014 | $19.22 | $43.23 | $237.00 | $4.33 | $12.01 |
| 2015 | $22.54 | $41.08 | $104.83 | $5.67 | $25.49 |
| 2016 | $47.00 | $53.11 | $86.83 | $9.23 | $26.72 |
| 2017 | $59.05 | $64.57 | $2,925.65 | $7.76 | $166.39 |
| 2018 | $76.76 | $63.07 | $1,370.16 | $7.11 | $20.86 |
| 2019 | $50.94 | $54.17 | $474.45 | $5.78 | $8.18 |
| 2020 | $78.23 | $67.17 | $0.41 | $1.63 | $0.47 |
| 2021 | $64.18 | $66.71 | $0.00 | $0.14 | $1.90 |
| 2022 | $22.55 | $110.89 | $0.00 | $0.00 | $0.00 |
| 2023 | $18.89 | $147.88 | $0.00 | $0.00 | $0.00 |
| 2024 | $20.27 | $23.85 | $0.00 | $0.00 | $0.00 |
| 2025 | $18.33 | $87.91 | $2.07 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Tucows Inc.'s (TCX) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $87.91
- Current price
- $15.83
- AI upside
- +455.34%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$8.96
-43.4% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| TCX | Tucows Inc. | $15.83 | 201.65M | +455% | -43% | — | — | -2.68 | -1.24 | 0.52 | 5.98 | — | -0.65 | 24.07% | 24.07% | -19.43% | 58.43% | 22.59% | -10.18% | -4.15 | — | 0.61 | 0.22 | 4.53 | -3164.00% | 774.00% | -6999.00% | -11.27% | -0.02 | -5.50% | 0.00% | 0.00% | 0.00% | 8.92 | -36.63 | 2.15 | 0.45 |
| ARBE | Arbe Robotics Ltd. | $0.82 | 89.52M | +3,208% | +339% | — | — | -1.98 | 2.19 | 87.06 | -1.52 | — | 2.19 | -78.17% | -4671.93% | -4402.73% | -142.69% | -175.71% | -66.72% | 0.68 | — | 2.21 | 1.40 | -0.50 | -3279.00% | 3359.00% | 1601.00% | -43.02% | -1.17 | -140.86% | 0.00% | 0.00% | 0.00% | -1.51 | -1.88 | 70.40 | -5.48 |
| BKKT | Bakkt Holdings, Inc. | $9.56 | 152.33M | +286% | +15,376,487% | — | — | -0.80 | 2.44 | 0.02 | -0.81 | — | -2.24 | 2.49% | -2.66% | -1.34% | -251.77% | -789.16% | -16.74% | 0.69 | — | 1.33 | 0.46 | 0.19 | -6207.00% | 34739.00% | -6536.00% | -29.32% | -0.15 | -206.30% | 0.00% | 0.00% | 0.00% | -0.72 | -2.77 | 0.02 | 8.12 |
| DFDV | DeFi Development Corp. | $3.48 | 73.06M | +634% | +87,264% | — | — | -2.10 | 1.64 | 2.73 | -1.07 | — | 2.28 | 98.48% | -143.05% | -129.87% | -58.53% | -409.88% | -49.31% | 0.00 | — | 5.52 | 5.15 | 0.93 | -3879.00% | 482.00% | 5270.00% | -42.57% | -4.08 | -332.72% | 0.00% | 0.00% | 0.09% | -0.96 | -1.18 | 1.37 | -0.12 |
| DUOT | Duos Technologies Group, … | $7.55 | 157.61M | +1,376% | +747% | — | — | -3.99 | 18.99 | 5.90 | -5.71 | — | -5.46 | 6.44% | -150.85% | -147.85% | -282.24% | -175.70% | -45.04% | 3.77 | -38.39 | 0.50 | 0.45 | -0.29 | -1090.00% | -255.00% | -4584.00% | -12.41% | -0.22 | -85.26% | 0.00% | 0.00% | 0.79% | -4.12 | -8.48 | 6.21 | -3.29 |
| IMMR | Immersion Corporation | $6.11 | 197.94M | +518% | -2% | +23% | — | 6.29 | 1.17 | 6.30 | 2.96 | 48.21 | 1.17 | 99.17% | 52.85% | 100.17% | 19.94% | 90.90% | 16.74% | 0.00 | — | 8.93 | 8.82 | -3.11 | 1304.00% | -1181.00% | -4865.00% | 9.64% | 1.07 | 131.94% | 3.47% | 21.80% | 10.94% | 2.97 | 2.59 | 1.57 | 4.98 |
| KLTR | Kaltura, Inc. | $1.39 | 214.74M | +2,469% | -44% | — | — | -9.26 | 11.89 | 1.62 | -16.40 | — | 22.12 | 66.65% | -13.48% | -17.52% | -114.48% | -424.28% | -17.16% | 2.15 | -7.78 | 1.20 | 1.00 | -1.22 | -3824.00% | 202.00% | -19443.00% | 4.04% | 0.12 | 206.20% | 0.00% | 0.00% | 1.02% | -10.84 | 22.30 | 1.46 | -1.83 |
| SATL | Satellogic Inc. | $3.00 | 299.67M | +802% | -9% | — | — | -2.29 | -5.03 | 20.72 | -3.22 | -2.60 | -5.03 | 60.96% | -405.64% | -903.43% | 17136.62% | -285.63% | -168.42% | -1.51 | -735.30 | 0.80 | 0.69 | -0.57 | 8824.00% | 2775.00% | -3650.00% | -15.35% | -1.04 | -223.93% | 0.00% | 0.00% | 0.00% | -6.21 | -7.92 | 25.18 | -10.40 |
| STEM | Stem, Inc. | $10.51 | 88.18M | -66% | -66% | — | +57,769% | -0.08 | -0.18 | 0.49 | -0.70 | -0.02 | -0.13 | -7.65% | -580.60% | -590.67% | -6139.13% | -179.18% | -95.19% | -1.36 | -45.89 | 1.06 | 0.90 | -0.61 | 48616.00% | -6867.00% | -7854.00% | -68.01% | -0.28 | -10.33% | 0.00% | 0.00% | 0.00% | -0.66 | -11.50 | 3.85 | -11.14 |
| WALD | Waldencast plc | $1.69 | 191.97M | +1,604% | -22% | -35% | — | -7.39 | 0.54 | 1.31 | 18.40 | — | -1.86 | 48.10% | -21.39% | -15.50% | -7.56% | -7.28% | -4.82% | 0.27 | -3.41 | 1.35 | 0.53 | 5.84 | -5618.00% | 2555.00% | -6282.00% | -3.29% | -0.11 | -1.47% | 0.00% | 0.00% | 0.00% | -8.99 | -44.53 | 1.92 | 0.58 |
About Tucows Inc.
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through three segments: Fiber Internet Services, Mobile Services, and Domain Services. The Fiber Internet Services segment provides fixed high-speed Internet access services to individuals and small businesses primarily through the Ting website, and other billing solutions to small internet service providers. The Mobile Services segment offers mobile phones and retail telephony services; and professional services, including implementation, training, consulting, and software development and modification services, as well as operates Mobile Services Enabler platform that provides network access, provisioning, and billing services. The Domain Services segment provides wholesale and retail domain name registration services; portfolio services; and value-added services, such as hosted email, Internet security services, Internet hosting, WHOIS privacy, publishing tools, and other value-added services for end-users under the OpenSRS, eNom, Ascio, and Hover brands. The company was formerly known as Infonautics, Inc. and changed its name to Tucows Inc. in August 2001. Tucows Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.
- CEO
- David Woroch
- Employees
- 765
- Beta
- 1.00
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($8.96 ÷ $15.83) − 1 = -43.4% (DCF, example).