COMP <GO>
SSTK vs TCX // FORWARD P/E MULTIPLE
Shutterstock Inc. (NYSE) VS. Tucows Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: SSTK 6
— TCX 2
■ METRIC PARITY
LAST: $4.20 (+1.45%) • MKT CAP: $153.0M
forward-pe
3.5x
LAST: $12.01 (+9.28%) • MKT CAP: $122.9M
forward-pe
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SSTK VS. TCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SSTK | TCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 58.90% | 24.10% | +34.80 | SSTK | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.40% | -35.00% | +46.40 | SSTK | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | -19.61% | — | TIE | /fcf-yield <GO> |
| Operating Margin | 7.60% | -6.00% | +13.60 | SSTK | /operating-margins <GO> |
| Net Profit Margin | 4.60% | -19.40% | +24.00 | SSTK | /net-margins <GO> |
| Revenue Growth (YoY) | 5.80% | 7.70% | -1.90 | TCX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.13 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 3/9 | +5.00 | SSTK | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 40.7 | 56.2 | -15.50 | TCX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 3.5x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $153.0M | $122.9M | $30.1M | SSTK | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SSTK REV | TCX REV | SSTK GROSS % | TCX GROSS % | SSTK FCF | TCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $989.9M | $390.3M | 58.9% | 24.1% | $123.8M | -$22.9M |
| FY 2024 | $935.3M | $362.3M | 57.6% | 22.9% | -$14.6M | -$76.2M |
| FY 2023 | $874.6M | $339.3M | — | — | $140.6M | -$4.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SSTK // BETA —
TCX // BETA —