TucowsTCX -0.41%49 FCF Margin % is -2.98% as of Mar. 2026. GuruFocus rates TCX with a GF Score™ of 49/100 and a GF Value™ of $21.45 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,814 Software companies, Tucows ranks worse than 60.63% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tucows's Free Cash Flow for the
three
months ended in Mar. 2026 was $-2.9 Mil. Tucows's Revenue for the
three
months ended in Mar. 2026 was $96.7 Mil. Therefore, Tucows's FCF Margin % for the quarter that ended in Mar. 2026 was -2.98%.
The historical rank and industry rank for Tucows's FCF Margin % or its related term are showing as below:
TCX'
s FCF Margin % Range Over the Past 10 Years
Min: -36.62 Med: -4.31 Max: 4.86
Current: -2.37
During the past 13 years, the highest FCF Margin % of Tucows was 4.86%. The lowest was -36.62%. And the median was -4.31%.
TCX's FCF Margin % is ranked worse than 60.63% of 2814
companies
in the Software industry
Industry Median: 2.41
vs TCX: -2.37
Tucows FCF Margin % Related Terms
Tucows FCF Margin % Historical Data
* Premium members only.
The historical data trend for Tucows's FCF Margin % 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 FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Software Industry
For the Software industry and Technology sector, Tucows's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Tucows's FCF Margin % falls into.
* 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 FCF Margin % of -2.98% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tucows and its competitors. According to the industry distribution chart, Tucows ranks #1706 out of 2814 companies in the Software industry, placing it in the top 60.6%.
Is Tucows' FCF Margin % too high?
Tucows' current FCF Margin % is -2.98%. Based on the distribution chart, Tucows ranks #1706 out of 2814 companies in the Software industry, which is below the industry midpoint. Overall, Tucows has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tucows' FCF Margin % compare to ZPTA and DAVA?
According to the Software industry distribution chart, Tucows ranks #1706 out of 2814 companies for FCF Margin %. This places Tucows in the lower half of its industry. The industry median FCF Margin % is 2.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,814 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tucows and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tucows's current FCF Margin % is -2.98%. 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 $21.45, compared to a current price of $13.46 — trading 37.3% below its estimated fair value. The current FCF Margin % is -2.98%. Tucows' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Tucows (TCX), the current FCF Margin % is -2.98% as of Mar. 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 $13.46 is trading 37.3% below its estimated GF Value™ of $21.45.
GuruFocus considers Tucows to be Possible Value Trap.
Key valuation signals for TCX:
FCF Margin %: -2.98%
GF Value™: $21.45 vs. price of $13.46 (37.3% below fair value)
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.
49GF Score
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