TCX vs FNWD

Comparison between Tucows Inc - Class A (TCX, Company) and Finward Bancorp (FNWD, Company).

TCX is from the Technology sector, while FNWD is from the Financial Services sector.

5-Year PerformanceFNWD has outperformed TCX, delivering a return of -3.0% compared to -29.7%

TCX vs FNWD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TCX(COMPANY)	FNWD(COMPANY)
Market Cap	$148M	$148M
Max Drawdown	98.68%	70.13%
Sharpe Ratio	-0.68	0.71
5Y Beta	0.94	0.27
Industry	Software - Infrastructure	Banks - Regional
P/E Ratio	-1.88	14.98
Forward P/E	30.49	12.45
Dividend Yield	N/A	1.42%
5Y Dividends CAGR	N/A	-17.29%
5Y EPS CAGR	N/A	-13.09%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-8.17%	11.17%

Market Cap

Winner

TCX

$148M

FNWD

$148M

Max Drawdown

TCX

98.68%

Winner

FNWD

70.13%

Sharpe Ratio

TCX

-0.68

Winner

FNWD

0.71

5Y Beta

TCX

0.94

Winner

FNWD

0.27

Industry

TCX

Software - Infrastructure

FNWD

Banks - Regional

P/E Ratio

Winner

TCX

-1.88

FNWD

14.98

Forward P/E

TCX

30.49

Winner

FNWD

12.45

Dividend Yield

TCX

N/A

FNWD

1.42%

5Y Dividends CAGR

TCX

N/A

FNWD

-17.29%

5Y EPS CAGR

TCX

N/A

FNWD

-13.09%

Debt to Equity

TCX

0.00%

FNWD

0.00%

Free Cash Flow Yield

TCX

-8.17%

Winner

FNWD

11.17%

TCX vs FNWD - Historical Returns

Returns include dividend reinvestment.

Period	TCX	FNWD
1 month	-12.07%	+4.45%
3 months	-14.99%	-7.17%
6 months	-42.72%	-10.15%
1 year	-33.75%	+20.89%
5 years(CAGR)	-29.71%	-2.98%
10 years(CAGR)	-5.76%	+4.41%
Max(CAGR)	-1.02%	+5.52%

TCX

-12.07%

Winner

FNWD

+4.45%

TCX

-14.99%

Winner

FNWD

-7.17%

TCX

-42.72%

Winner

FNWD

-10.15%

TCX

-33.75%

Winner

FNWD

+20.89%

5Y(CAGR)

TCX

-29.71%

Winner

FNWD

-2.98%

10Y(CAGR)

TCX

-5.76%

Winner

FNWD

+4.41%

Max(CAGR)

TCX

-1.02%

Winner

FNWD

+5.52%

TCX vs FNWD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TCX	FNWD
2026	-39.49%	-3.31%
2025	+33.61%	+25.37%
2024	-32.60%	+14.07%
2023	-18.80%	-27.63%
2022	-59.04%	-18.90%
2021	+14.56%	+30.66%
2020	+18.99%	-18.31%
2019	+1.80%	+9.77%
2018	-4.82%	+0.19%
2017	+92.18%	+15.08%
2016	+76.25%	+30.57%
2015	+10.70%	+20.60%
2014	+48.28%	+9.97%
2013	+141.38%	+35.53%
2012	+91.72%	+41.67%
2011	-0.53%	+0.71%
2010	+5.39%	-8.50%
2009	+94.29%	-16.15%
2008	-54.17%	+5.59%
2007	-18.82%	-20.48%
2006	-3.41%	+4.47%
2005	+15.28%	-9.65%
2004	+45.83%	+22.13%
2003	+92.00%	+32.50%
2002	-12.12%	+20.46%
2001	-56.87%	+11.72%
2000	-91.15%	-6.98%
1999	+60.00%	+1.18%

TCX vs FNWD Drawdown Comparison

The maximum drawdown for TCX was -98.68%, occurring on Oct 24, 2002. Recovery took 4490 trading sessions.

The maximum drawdown for FNWD was -60.69%, occurring on Nov 1, 2023. This drawdown has not yet recovered.

The current TCX drawdown is -85.55%. The current FNWD drawdown is -23.20%.

Rank	TCX	FNWD
#1	-98.68% Feb 11, 2000 - Dec 15, 2017	-60.69% Dec 7, 2021 - Nov 1, 2023
#2	-86.19% Jan 27, 2021 - Jun 17, 2026	-59.81% Nov 23, 2004 - Dec 23, 2013
#3	-51.92% Apr 15, 2019 - Jan 27, 2021	-36.62% Jan 7, 2020 - Apr 26, 2021
#4	-28.37% Dec 29, 2017 - Jan 24, 2019	-13.88% Aug 18, 2015 - Sep 15, 2016
#5	-27.03% Dec 13, 1999 - Feb 10, 2000	-12.64% Jan 27, 2000 - Oct 30, 2001
#6	-16.00% Nov 4, 1999 - Nov 15, 1999	-10.59% Jun 25, 2003 - Nov 21, 2003
#7	-15.21% Nov 30, 1999 - Dec 10, 1999	-10.27% Aug 15, 2018 - Jul 24, 2019
#8	-7.83% Nov 16, 1999 - Nov 30, 1999	-10.26% Feb 14, 2014 - Jan 9, 2015
#9	-6.95% Feb 5, 2019 - Feb 15, 2019	-10.25% Jun 3, 2021 - Nov 3, 2021
#10	-4.06% Mar 1, 2019 - Mar 14, 2019	-6.25% Nov 24, 2003 - Mar 24, 2004
#11	-2.49% Mar 21, 2019 - Mar 28, 2019	-6.00% Jul 23, 2004 - Sep 2, 2004
#12	-2.04% Mar 29, 2019 - Apr 5, 2019	-5.88% Nov 1, 1999 - Dec 31, 1999
#13	-1.85% Feb 15, 2019 - Feb 21, 2019	-5.07% Nov 8, 2021 - Dec 3, 2021
#14	-1.74% Mar 19, 2019 - Mar 21, 2019	-4.89% Jan 11, 2018 - Aug 9, 2018
#15	-1.49% Dec 20, 2017 - Dec 22, 2017	-4.71% Jul 19, 2017 - Oct 12, 2017