Tucows Inc. (TSX:TC)

Tucows Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	214	341	271	388	496	1,135
Market Cap Growth	-29.40%	25.77%	-30.14%	-21.60%	-56.34%	13.63%
Enterprise Value	964	1,180	1,076	999	880	1,335
Last Close Price	17.90	30.40	24.84	35.83	46.03	106.21

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	-	-	-	-	266.60
PS Ratio	0.37	0.64	0.52	0.87	1.14	2.95
PB Ratio	-	-1.52	-1.98	29.79	3.79	7.79
P/OCF Ratio	-	-	-	-	18.42	30.26

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	1.72	2.21	2.07	2.23	2.03	3.47
EV/EBITDA Ratio	15.47	30.97	74.01	-	76.77	51.77

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	-2.65	-4.15	-6.67	57.55	3.58	1.79
Debt / EBITDA Ratio	12.57	16.94	32.38	-	24.50	8.54
Net Debt / Equity Ratio	-2.53	-3.87	-6.07	48.16	3.34	1.71
Net Debt / EBITDA Ratio	20.18	22.85	57.23	-41.11	38.12	9.65
Net Debt / FCF Ratio	-24.40	-27.76	-7.59	-4.91	-2.76	-4.52
Asset Turnover	0.55	0.52	0.47	0.46	0.53	0.61
Inventory Turnover	61.59	64.44	43.95	32.76	40.47	80.67
Quick Ratio	0.16	0.22	0.39	0.58	0.26	0.16
Current Ratio	0.50	0.62	1.03	1.21	0.90	0.85
Return on Equity (ROE)	-	-	-	-180.60%	-26.04%	3.06%
Return on Assets (ROA)	-1.47%	-1.50%	-2.80%	-5.03%	-3.23%	-0.96%
Return on Invested Capital (ROIC)	-4.68%	-3.72%	-6.68%	-13.00%	-8.51%	-1.30%
Return on Capital Employed (ROCE)	-4.90%	-4.50%	-6.20%	-9.90%	-6.50%	-2.10%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	-47.05%	-30.46%	-58.24%	-32.70%	-7.53%	0.38%
FCF Yield	-14.71%	-9.19%	-40.40%	-32.91%	-31.91%	-4.86%
Buyback Yield / Dilution	-0.88%	-0.90%	-0.95%	-0.88%	0.45%	-1.17%

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error