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TucowsTCX -1.61%44 EV-to-EBITDA is 18.48 as of Jul. 27, 2026, which is 3% below its 10-year median of 19.03. GuruFocus rates TCX with a GF Score™ of 44/100 and a GF Value™ of $21.55 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,958 Software companies, Tucows ranks worse than 69.97% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tucows's enterprise value is $604.8 Mil.
Tucows's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $32.7 Mil. Therefore, Tucows's EV-to-EBITDA for today is 18.48.
The historical rank and industry rank for Tucows's EV-to-EBITDA or its related term are showing as below:
TCX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -373.08 Med: 19.03 Max: 62.8
Current: 18.48
During the past 13 years, the highest EV-to-EBITDA of Tucows was 62.80. The lowest was -373.08. And the median was 19.03.
TCX's EV-to-EBITDA is ranked worse than 69.97% of 1958
companies
in the Software industry
Industry Median: 10.28
vs TCX: 18.48
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-07-27), Tucows's stock price is $8.58.
Tucows's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-7.100. Therefore, Tucows's PE Ratio (TTM) for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Tucows (NAS:TCX) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Tucows's share price for today is $8.58.
Tucows's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.100.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Tucows's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Tucows's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tucows EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Tucows's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tucows's EV-to-EBITDA falls into.
Tucows's current Enterprise Value is $604.8 Mil.
Tucows's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.7 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tucows (TCX) has a EV-to-EBITDA of 18.48 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tucows. This is near median its historical median of 19.03. According to the industry distribution chart, Tucows ranks #1370 out of 1958 companies in the Software industry, placing it in the top 70%.
Is Tucows' EV-to-EBITDA too high?
Tucows' current EV-to-EBITDA of 18.48 is near median its 10-year median of 19.03. The Software industry median EV-to-EBITDA is 10.28. Tucows' value of 18.48 is 79.8% above this industry median. Based on the distribution chart, Tucows ranks #1370 out of 1958 companies in the Software industry, which is below the industry midpoint. Overall, Tucows has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tucows' EV-to-EBITDA compare to VERI and BCRD?
According to the Software industry distribution chart, Tucows ranks #1370 out of 1958 companies for EV-to-EBITDA. This places Tucows in the lower half of its industry. The industry median EV-to-EBITDA is 10.28. Tucows' value of 18.48 is 79.8% above this benchmark. While the company's 10-year median is 19.03 vs. the industry median of 10.28, Tucows has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.28, based on 1,958 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tucows's current EV-to-EBITDA of 18.48 is 79.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tucows. For the Software industry, the median EV-to-EBITDA is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tucows's current EV-to-EBITDA is 18.48, which is near median its own 10-year median of 19.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tucows stock overvalued right now?
Based on GuruFocus' analysis, Tucows (TCX) is currently considered Possible Value Trap. The stock's GF Value™ is $21.55, compared to a current price of $8.58 — trading 60.2% below its estimated fair value. The current EV-to-EBITDA is 18.48, which is near median its 10-year median of 19.03 and 79.8% above the Software industry median of 10.28. Tucows' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tucows (TCX), the current EV-to-EBITDA is 18.48 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tucows (TCX) Overvalued in 2026?
Based on GuruFocus' analysis, Tucows stock appears to be undervalued.
The current stock price of $8.58 is trading 60.2% below its estimated GF Value™ of $21.55.
GuruFocus considers Tucows to be Possible Value Trap.
Key valuation signals for TCX:
EV-to-EBITDA: 18.48 (near median its 10-year median of 19.03)
GF Value™: $21.55 vs. price of $8.58 (60.2% below fair value)
Industry Position: 79.8% above the Software median (#1370 of 1958)
No single metric tells the full story. See the TCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tucows Inc is a corporate parent, allocating capital and providing efficient shared services to its three businesses. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services through an Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Ting, Wavelo, and Tucows Domains. It generates the majority of its revenue from Tucows Domains. The company generates key revenue from Canada and USA.
44GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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