Intrinsic value of Tucows - TCX

Previous Close

$55.00

  Intrinsic Value

$52.92

stock screener

  Rating & Target

hold

-4%

Previous close

$55.00

 
Intrinsic value

$52.92

 
Up/down potential

-4%

 
Rating

hold

We calculate the intrinsic value of TCX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 0.6

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  336
  344
  353
  362
  373
  386
  399
  413
  428
  445
  462
  481
  501
  522
  545
  569
  594
  621
  649
  679
  710
  743
  778
  815
  854
  895
  938
  983
  1,031
  1,081
Variable operating expenses, $m
  292
  298
  305
  314
  323
  333
  343
  355
  368
  381
  381
  396
  413
  430
  449
  468
  489
  511
  535
  559
  585
  612
  641
  672
  703
  737
  773
  810
  849
  890
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  292
  298
  305
  314
  323
  333
  343
  355
  368
  381
  381
  396
  413
  430
  449
  468
  489
  511
  535
  559
  585
  612
  641
  672
  703
  737
  773
  810
  849
  890
Operating income, $m
  44
  46
  47
  49
  51
  53
  55
  58
  61
  63
  81
  85
  88
  92
  96
  100
  105
  109
  114
  119
  125
  131
  137
  144
  150
  158
  165
  173
  181
  190
EBITDA, $m
  66
  68
  70
  72
  74
  76
  79
  82
  85
  88
  91
  95
  99
  103
  108
  112
  117
  123
  128
  134
  140
  147
  154
  161
  169
  177
  185
  194
  204
  213
Interest expense (income), $m
  0
  6
  7
  7
  8
  9
  10
  10
  11
  12
  13
  15
  16
  17
  19
  20
  22
  24
  25
  27
  29
  32
  34
  36
  39
  41
  44
  47
  50
  54
  57
Earnings before tax, $m
  38
  39
  40
  41
  42
  44
  45
  46
  48
  50
  67
  69
  71
  73
  76
  78
  81
  84
  87
  90
  93
  97
  101
  105
  109
  113
  118
  123
  128
  133
Tax expense, $m
  10
  10
  11
  11
  11
  12
  12
  13
  13
  13
  18
  19
  19
  20
  20
  21
  22
  23
  23
  24
  25
  26
  27
  28
  29
  31
  32
  33
  35
  36
Net income, $m
  28
  28
  29
  30
  31
  32
  33
  34
  35
  36
  49
  50
  52
  53
  55
  57
  59
  61
  63
  66
  68
  71
  74
  76
  79
  83
  86
  90
  93
  97

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  358
  366
  376
  386
  398
  411
  425
  440
  456
  474
  493
  513
  534
  557
  581
  606
  633
  662
  692
  723
  757
  792
  830
  869
  910
  954
  1,000
  1,048
  1,099
  1,152
Adjusted assets (=assets-cash), $m
  358
  366
  376
  386
  398
  411
  425
  440
  456
  474
  493
  513
  534
  557
  581
  606
  633
  662
  692
  723
  757
  792
  830
  869
  910
  954
  1,000
  1,048
  1,099
  1,152
Revenue / Adjusted assets
  0.939
  0.940
  0.939
  0.938
  0.937
  0.939
  0.939
  0.939
  0.939
  0.939
  0.937
  0.938
  0.938
  0.937
  0.938
  0.939
  0.938
  0.938
  0.938
  0.939
  0.938
  0.938
  0.937
  0.938
  0.938
  0.938
  0.938
  0.938
  0.938
  0.938
Average production assets, $m
  68
  69
  71
  73
  75
  78
  81
  83
  86
  90
  93
  97
  101
  105
  110
  115
  120
  125
  131
  137
  143
  150
  157
  165
  172
  181
  189
  199
  208
  218
Working capital, $m
  -25
  -25
  -26
  -27
  -28
  -29
  -30
  -31
  -32
  -33
  -34
  -36
  -37
  -39
  -40
  -42
  -44
  -46
  -48
  -50
  -53
  -55
  -58
  -60
  -63
  -66
  -69
  -73
  -76
  -80
Total debt, $m
  83
  90
  98
  106
  116
  127
  138
  151
  164
  179
  194
  211
  229
  247
  267
  288
  311
  334
  359
  385
  413
  443
  473
  506
  540
  576
  614
  654
  696
  740
Total liabilities, $m
  297
  303
  311
  320
  330
  340
  352
  364
  378
  392
  408
  425
  442
  461
  481
  502
  524
  548
  573
  599
  627
  656
  687
  719
  754
  790
  828
  868
  910
  954
Total equity, $m
  62
  63
  65
  66
  68
  71
  73
  76
  79
  82
  85
  88
  92
  96
  100
  104
  109
  114
  119
  124
  130
  136
  143
  149
  157
  164
  172
  180
  189
  198
Total liabilities and equity, $m
  359
  366
  376
  386
  398
  411
  425
  440
  457
  474
  493
  513
  534
  557
  581
  606
  633
  662
  692
  723
  757
  792
  830
  868
  911
  954
  1,000
  1,048
  1,099
  1,152
Debt-to-equity ratio
  1.350
  1.430
  1.510
  1.600
  1.700
  1.790
  1.890
  1.990
  2.090
  2.200
  2.290
  2.390
  2.490
  2.580
  2.680
  2.770
  2.850
  2.940
  3.020
  3.100
  3.170
  3.250
  3.320
  3.390
  3.450
  3.510
  3.570
  3.630
  3.680
  3.740
Adjusted equity ratio
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  28
  28
  29
  30
  31
  32
  33
  34
  35
  36
  49
  50
  52
  53
  55
  57
  59
  61
  63
  66
  68
  71
  74
  76
  79
  83
  86
  90
  93
  97
Depreciation, amort., depletion, $m
  22
  22
  22
  23
  23
  23
  23
  24
  24
  24
  10
  10
  11
  11
  12
  12
  13
  13
  14
  15
  15
  16
  17
  18
  18
  19
  20
  21
  22
  23
Funds from operations, $m
  50
  51
  52
  53
  54
  55
  56
  58
  59
  61
  59
  61
  63
  65
  67
  69
  72
  74
  77
  80
  83
  87
  90
  94
  98
  102
  106
  111
  115
  120
Change in working capital, $m
  0
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -3
  -4
  -4
Cash from operations, $m
  50
  51
  52
  53
  54
  56
  57
  59
  60
  62
  60
  62
  64
  66
  69
  71
  74
  76
  79
  83
  86
  89
  93
  97
  101
  105
  109
  114
  119
  124
Maintenance CAPEX, $m
  -7
  -7
  -7
  -8
  -8
  -8
  -8
  -9
  -9
  -9
  -10
  -10
  -10
  -11
  -11
  -12
  -12
  -13
  -13
  -14
  -15
  -15
  -16
  -17
  -18
  -18
  -19
  -20
  -21
  -22
New CAPEX, $m
  -1
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
  -10
  -10
Cash from investing activities, $m
  -8
  -9
  -9
  -10
  -10
  -10
  -11
  -12
  -12
  -12
  -14
  -14
  -14
  -15
  -16
  -17
  -17
  -18
  -19
  -20
  -21
  -22
  -23
  -24
  -26
  -26
  -28
  -29
  -31
  -32
Free cash flow, $m
  42
  42
  43
  44
  44
  45
  46
  47
  48
  50
  47
  48
  50
  51
  53
  55
  56
  58
  60
  63
  65
  67
  70
  72
  75
  78
  81
  85
  88
  92
Issuance/(repayment) of debt, $m
  6
  7
  8
  9
  10
  11
  12
  13
  14
  15
  16
  17
  18
  19
  20
  21
  22
  24
  25
  26
  28
  29
  31
  33
  34
  36
  38
  40
  42
  44
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  6
  7
  8
  9
  10
  11
  12
  13
  14
  15
  16
  17
  18
  19
  20
  21
  22
  24
  25
  26
  28
  29
  31
  33
  34
  36
  38
  40
  42
  44
Total cash flow (excl. dividends), $m
  48
  49
  51
  52
  54
  56
  58
  60
  62
  64
  62
  65
  67
  70
  73
  76
  79
  82
  85
  89
  93
  97
  101
  105
  110
  114
  119
  125
  130
  136
Retained Cash Flow (-), $m
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
  -9
  -9
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  47
  48
  49
  51
  52
  54
  55
  57
  59
  61
  59
  61
  64
  66
  69
  71
  74
  77
  80
  83
  87
  90
  94
  98
  102
  107
  112
  116
  122
  127
Discount rate, %
  5.00
  5.25
  5.51
  5.79
  6.08
  6.38
  6.70
  7.04
  7.39
  7.76
  8.14
  8.55
  8.98
  9.43
  9.90
  10.39
  10.91
  11.46
  12.03
  12.63
  13.27
  13.93
  14.63
  15.36
  16.13
  16.93
  17.78
  18.67
  19.60
  20.58
PV of cash for distribution, $m
  44
  43
  42
  40
  39
  37
  35
  33
  31
  29
  25
  23
  21
  19
  17
  15
  13
  11
  9
  8
  6
  5
  4
  3
  2
  2
  1
  1
  1
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Tucows Inc. is engaged in providing Internet services. The Company's segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services. The Company focuses on serving the needs of this network of resellers by providing services, interfaces, proactive and attentive customer service, reseller-oriented technology and agile design and development processes. The Company focuses its service offerings under brands, including OpenSRS, YummyNames, Platypus, Hover and Ting. As of December 31, 2016, the OpenSRS Domain Service managed 15 million domain names under the Tucows ICANN registrar accreditation and for other registrars. As of December 31, 2016, Ting managed mobile telephony services for approximately 151,000 subscribers.

FINANCIAL RATIOS  of  Tucows (TCX)

Valuation Ratios
P/E Ratio 36
Price to Sales 3
Price to Book 15.1
Price to Tangible Book
Price to Cash Flow 26.2
Price to Free Cash Flow 41.1
Growth Rates
Sales Growth Rate 9.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 166.7%
Cap. Spend. - 3 Yr. Gr. Rate 51.6%
Financial Strength
Quick Ratio 8
Current Ratio 0
LT Debt to Equity 21.1%
Total Debt to Equity 26.3%
Interest Coverage 0
Management Effectiveness
Return On Assets 11.3%
Ret/ On Assets - 3 Yr. Avg. 8.3%
Return On Total Capital 41%
Ret/ On T. Cap. - 3 Yr. Avg. 30.6%
Return On Equity 50%
Return On Equity - 3 Yr. Avg. 34.8%
Asset Turnover 1.3
Profitability Ratios
Gross Margin 33.2%
Gross Margin - 3 Yr. Avg. 30.5%
EBITDA Margin 14.7%
EBITDA Margin - 3 Yr. Avg. 11.1%
Operating Margin 13.2%
Oper. Margin - 3 Yr. Avg. 10.1%
Pre-Tax Margin 13.2%
Pre-Tax Margin - 3 Yr. Avg. 9.9%
Net Profit Margin 8.4%
Net Profit Margin - 3 Yr. Avg. 6.3%
Effective Tax Rate 36%
Eff/ Tax Rate - 3 Yr. Avg. 36.1%
Payout Ratio 0%

TCX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TCX stock intrinsic value calculation we used $329.420741 million for the last fiscal year's total revenue generated by Tucows. The default revenue input number comes from 0001 income statement of Tucows. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TCX stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5%, whose default value for TCX is calculated based on our internal credit rating of Tucows, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Tucows.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TCX stock the variable cost ratio is equal to 86.9%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for TCX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 8.2% for Tucows.

Corporate tax rate of 27% is the nominal tax rate for Tucows. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TCX stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TCX are equal to 20.2%.

Life of production assets of 9.4 years is the average useful life of capital assets used in Tucows operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TCX is equal to -7.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $60.211 million for Tucows - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 10.595 million for Tucows is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Tucows at the current share price and the inputted number of shares is $0.6 billion.

RELATED COMPANIES Price Int.Val. Rating
WEB Web.com Group 27.99 25.48  hold
CTL CenturyLink 19.07 62.90  str.buy
VRSN VeriSign 151.31 39.95  str.sell
VZ Verizon Commun 58.94 66.50  buy
GDDY GoDaddy Cl A 62.09 97.26  buy
T AT&T 30.51 51.95  str.buy
GOOGL Alphabet Cl A 1,054.58 2,744.29  str.buy
MSFT Microsoft 104.97 189.75  str.buy

COMPANY NEWS

▶ Tucows CEO gives Fuquay-Varina fiber internet launch update   [Nov-12-18 01:02PM  American City Business Journals]
▶ Tucows: 3Q Earnings Snapshot   [Nov-08-18 05:12AM  Associated Press]
▶ Is Tucows Inc (NASDAQ:TCX) A Financially Sound Company?   [Oct-29-18 02:17PM  Simply Wall St.]
▶ Who Are The Top Investors In Tucows Inc (NASDAQ:TCX)?   [Sep-03-18 03:48PM  Simply Wall St.]
▶ 3 High-Growth Stocks That Could Soar   [Aug-20-18 04:57PM  Motley Fool]
▶ 3 High-Growth Stocks That Are Just Getting Started   [Aug-17-18 06:00AM  Motley Fool]
▶ Tucows: 2Q Earnings Snapshot   [Aug-09-18 05:11AM  Associated Press]
▶ What's Wrong With Tucows Inc. Today?   [May-10-18 03:23PM  Motley Fool]
▶ Tucows: 1Q Earnings Snapshot   [05:12AM  Associated Press]
▶ Why Ting is expanding fiber internet service in Wake County   [May-01-18 08:38AM  American City Business Journals]
▶ 3 Stocks That Feel Like Netflix in 2002   [Apr-25-18 06:00AM  Motley Fool]
▶ 3 Growth Stocks I'd Buy Right Now   [Feb-23-18 07:31PM  Motley Fool]
▶ Tucows, Inc. Navigates Tricky Q4 Waters   [Feb-14-18 04:00PM  Motley Fool]
▶ Tucows posts 4Q profit   [07:42AM  Associated Press]
▶ Tucows Inc. to Host Earnings Call   [06:00AM  ACCESSWIRE]
▶ Why Tucows Inc. Shares Fell 23% in January   [Feb-09-18 04:44PM  Motley Fool]
▶ ETFs with exposure to Tucows, Inc. : December 27, 2017   [Dec-27-17 11:54AM  Capital Cube]
▶ 2 Things Tucows Management Wants You to Know   [Nov-25-17 08:16PM  Motley Fool]
▶ Tucows posts 3Q profit   [06:28PM  Associated Press]
▶ 2 Stocks Your Children Will Brag About Someday   [Oct-09-17 04:30PM  Motley Fool]
▶ Tucows Makes a Bid for a Vermont Telecom   [Oct-03-17 08:07PM  Motley Fool]
▶ Tucows Acquires Roam Mobility from Otono Networks   [Sep-27-17 07:00AM  GlobeNewswire]
▶ ETFs with exposure to Tucows, Inc. : September 25, 2017   [Sep-25-17 10:46AM  Capital Cube]
▶ ETFs with exposure to Tucows, Inc. : September 14, 2017   [Sep-14-17 07:16PM  Capital Cube]
▶ Why Tucows Inc. Stock Jumped 12% Today   [Aug-09-17 03:59PM  Motley Fool]
▶ Tucows posts 2Q profit   [03:16PM  Associated Press]
▶ ETFs with exposure to Tucows, Inc. : August 4, 2017   [Aug-04-17 07:56PM  Capital Cube]
▶ ETFs with exposure to Tucows, Inc. : July 25, 2017   [Jul-25-17 01:33PM  Capital Cube]
▶ ETFs with exposure to Tucows, Inc. : July 14, 2017   [Jul-14-17 05:05PM  Capital Cube]
▶ 3 Stocks That Could Put Alibaba's Returns to Shame   [Jul-06-17 03:33PM  Motley Fool]
▶ ETFs with exposure to Tucows, Inc. : July 4, 2017   [Jul-04-17 03:32PM  Capital Cube]
▶ 3 Stocks With Amazon-Like Growth Potential   [Jun-19-17 11:20AM  Motley Fool]
▶ Tucows, Inc. Value Analysis (NASDAQ:TCX) : June 15, 2017   [Jun-15-17 04:34PM  Capital Cube]
▶ 3 Key Takeaways From Tucows' Latest Earnings Report   [May-31-17 06:26PM  Motley Fool]
▶ Tucows Inc. Is Scaling Up Quickly   [May-10-17 10:26AM  Motley Fool]
▶ Tucows posts 1Q profit   [May-09-17 05:36PM  Associated Press]
▶ What to Watch When Tucows Reports Earnings   [May-08-17 10:49AM  Motley Fool]
▶ Why Tucows Inc. Stock Soared in March   [Apr-07-17 04:44PM  Motley Fool]
▶ Tucows Chief Financial Officer Michael Cooperman to Retire   [Mar-17-17 07:00AM  GlobeNewswire]
▶ Tucows Announces $40 Million Stock Buyback Program   [Mar-01-17 07:00AM  GlobeNewswire]
▶ 3 Hot Tech Stocks to Consider in February   [Feb-18-17 07:42AM  Motley Fool]
▶ 3 Hot Tech Stocks to Consider in February   [07:42AM  at Motley Fool]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.