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The Descartes Systems Group (DSG) Competitors

The Descartes Systems Group logo
C$111.48 +2.95 (+2.72%)
As of 04:00 PM Eastern

DSG vs. DAY, HUT, TOI, OTEX, and BITF

Should you buy The Descartes Systems Group stock or one of its competitors? The Descartes Systems Group's main competitors and comparable companies include Dayforce (DAY), Hut 8 (HUT), Topicus.com (TOI), Open Text (OTEX), and Bitfarms (BITF). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does The Descartes Systems Group compare to Dayforce?

Dayforce (TSE:DAY) and The Descartes Systems Group (TSE:DSG) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, media sentiment, valuation and risk.

The Descartes Systems Group has a net margin of 23.35% compared to Dayforce's net margin of 0.00%. The Descartes Systems Group's return on equity of 11.26% beat Dayforce's return on equity.

Company Net Margins Return on Equity Return on Assets
DayforceN/A N/A N/A
The Descartes Systems Group 23.35%11.26%7.51%

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dayforce
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
4 Strong Buy rating(s)
3.80

In the previous week, The Descartes Systems Group had 4 more articles in the media than Dayforce. MarketBeat recorded 4 mentions for The Descartes Systems Group and 0 mentions for Dayforce. The Descartes Systems Group's average media sentiment score of 0.16 beat Dayforce's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the news media.

Company Overall Sentiment
Dayforce Neutral
The Descartes Systems Group Neutral

The Descartes Systems Group has lower revenue, but higher earnings than Dayforce. Dayforce is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DayforceC$1.89B8.06-C$152.03M-C$0.95N/A
The Descartes Systems GroupC$753.87M12.67C$97.67MC$2.0155.46

60.3% of Dayforce shares are owned by institutional investors. Comparatively, 66.3% of The Descartes Systems Group shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Dayforce has a beta of 0.993443, meaning that its share price is 1% less volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.138981, meaning that its share price is 86% less volatile than the broader market.

Summary

The Descartes Systems Group beats Dayforce on 14 of the 16 factors compared between the two stocks.

How does The Descartes Systems Group compare to Hut 8?

The Descartes Systems Group (TSE:DSG) and Hut 8 (TSE:HUT) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, media sentiment, dividends, valuation, risk, profitability and institutional ownership.

The Descartes Systems Group has a net margin of 23.35% compared to Hut 8's net margin of -188.53%. The Descartes Systems Group's return on equity of 11.26% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group23.35% 11.26% 7.51%
Hut 8 -188.53%-39.50%-4.25%

66.3% of The Descartes Systems Group shares are held by institutional investors. Comparatively, 39.8% of Hut 8 shares are held by institutional investors. 0.0% of The Descartes Systems Group shares are held by insiders. Comparatively, 60.2% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
4 Strong Buy rating(s)
3.80
Hut 8
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
5 Strong Buy rating(s)
3.83

In the previous week, The Descartes Systems Group had 1 more articles in the media than Hut 8. MarketBeat recorded 4 mentions for The Descartes Systems Group and 3 mentions for Hut 8. Hut 8's average media sentiment score of 0.38 beat The Descartes Systems Group's score of 0.16 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
The Descartes Systems Group
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hut 8 has lower revenue, but higher earnings than The Descartes Systems Group. Hut 8 is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$753.87M12.67C$97.67MC$2.0155.46
Hut 8C$317.95M42.99C$193.22M-C$5.40N/A

The Descartes Systems Group has a beta of 0.138981, meaning that its stock price is 86% less volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, meaning that its stock price is 358% more volatile than the broader market.

Summary

The Descartes Systems Group beats Hut 8 on 8 of the 15 factors compared between the two stocks.

How does The Descartes Systems Group compare to Topicus.com?

The Descartes Systems Group (TSE:DSG) and Topicus.com (CVE:TOI) are both mid-cap technology companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, institutional ownership, dividends, media sentiment and earnings.

In the previous week, The Descartes Systems Group had 4 more articles in the media than Topicus.com. MarketBeat recorded 4 mentions for The Descartes Systems Group and 0 mentions for Topicus.com. The Descartes Systems Group's average media sentiment score of 0.16 beat Topicus.com's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the media.

Company Overall Sentiment
The Descartes Systems Group Neutral
Topicus.com Neutral

66.3% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 21.0% of Topicus.com shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

The Descartes Systems Group has a net margin of 23.35% compared to Topicus.com's net margin of 0.00%. The Descartes Systems Group's return on equity of 11.26% beat Topicus.com's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group23.35% 11.26% 7.51%
Topicus.com N/A N/A N/A

The Descartes Systems Group has a beta of 0.138981, suggesting that its stock price is 86% less volatile than the broader market. Comparatively, Topicus.com has a beta of 0.081974, suggesting that its stock price is 92% less volatile than the broader market.

Topicus.com has a consensus price target of C$143.75, suggesting a potential upside of 40.01%. Given Topicus.com's higher probable upside, analysts plainly believe Topicus.com is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
4 Strong Buy rating(s)
3.80
Topicus.com
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

The Descartes Systems Group has higher earnings, but lower revenue than Topicus.com. The Descartes Systems Group is trading at a lower price-to-earnings ratio than Topicus.com, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$753.87M12.67C$97.67MC$2.0155.46
Topicus.comC$1.70B5.05C$35.08MC$0.42244.45

Summary

The Descartes Systems Group beats Topicus.com on 13 of the 17 factors compared between the two stocks.

How does The Descartes Systems Group compare to Open Text?

Open Text (TSE:OTEX) and The Descartes Systems Group (TSE:DSG) are both mid-cap technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, media sentiment, risk, dividends, analyst recommendations, profitability and earnings.

In the previous week, The Descartes Systems Group had 3 more articles in the media than Open Text. MarketBeat recorded 4 mentions for The Descartes Systems Group and 1 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.16 beat Open Text's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Open Text
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
The Descartes Systems Group
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Open Text has a beta of 1.285215, meaning that its stock price is 29% more volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.138981, meaning that its stock price is 86% less volatile than the broader market.

Open Text presently has a consensus target price of C$27.50, suggesting a potential downside of 19.71%. Given Open Text's higher possible upside, research analysts plainly believe Open Text is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
4 Strong Buy rating(s)
3.80

Open Text has higher revenue and earnings than The Descartes Systems Group. Open Text is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Open TextC$5.25B1.58C$455.93MC$2.5813.28
The Descartes Systems GroupC$753.87M12.67C$97.67MC$2.0155.46

The Descartes Systems Group has a net margin of 23.35% compared to Open Text's net margin of 12.25%. Open Text's return on equity of 15.99% beat The Descartes Systems Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Open Text12.25% 15.99% 4.03%
The Descartes Systems Group 23.35%11.26%7.51%

57.4% of Open Text shares are held by institutional investors. Comparatively, 66.3% of The Descartes Systems Group shares are held by institutional investors. 2.1% of Open Text shares are held by company insiders. Comparatively, 0.0% of The Descartes Systems Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

The Descartes Systems Group beats Open Text on 10 of the 17 factors compared between the two stocks.

How does The Descartes Systems Group compare to Bitfarms?

The Descartes Systems Group (TSE:DSG) and Bitfarms (TSE:BITF) are both mid-cap technology companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, valuation, dividends and media sentiment.

In the previous week, The Descartes Systems Group had 4 more articles in the media than Bitfarms. MarketBeat recorded 4 mentions for The Descartes Systems Group and 0 mentions for Bitfarms. The Descartes Systems Group's average media sentiment score of 0.16 beat Bitfarms' score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the media.

Company Overall Sentiment
The Descartes Systems Group Neutral
Bitfarms Neutral

The Descartes Systems Group has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$753.87M12.67C$97.67MC$2.0155.46
BitfarmsC$229.28M21.67-C$110.66M-C$0.52N/A

The Descartes Systems Group has a beta of 0.138981, indicating that its share price is 86% less volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, indicating that its share price is 241% more volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
4 Strong Buy rating(s)
3.80
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

The Descartes Systems Group has a net margin of 23.35% compared to Bitfarms' net margin of -234.21%. The Descartes Systems Group's return on equity of 11.26% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group23.35% 11.26% 7.51%
Bitfarms -234.21%-74.20%-10.66%

66.3% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 11.7% of Bitfarms shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by company insiders. Comparatively, 23.4% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

The Descartes Systems Group beats Bitfarms on 13 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DSG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DSG vs. The Competition

MetricThe Descartes Systems GroupSoftware IndustryTechnology SectorTSE Exchange
Market CapC$9.55BC$16.08BC$29.60BC$12.53B
Dividend Yield1.06%3.40%2.73%6.25%
P/E Ratio55.46139.9075.8639.47
Price / Sales12.671,282.83588.029.83
Price / Cash33.3748.1948.2982.29
Price / Book5.887.469.304.71
Net IncomeC$97.67MC$437.25MC$678.51MC$299.09M
7 Day Performance-0.17%-1.84%-2.37%-1.21%
1 Month Performance5.89%3.26%1.09%4.89%
1 Year Performance-18.75%4.92%186.43%28.63%

The Descartes Systems Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DSG
The Descartes Systems Group
1.5061 of 5 stars
C$111.48
+2.7%
N/A-20.1%C$9.55BC$753.87M55.4650,800
DAY
Dayforce
0.0858 of 5 stars
C$95.35
-1.1%
N/AN/AC$15.26BC$1.89BN/AN/A
HUT
Hut 8
1.3172 of 5 stars
C$118.25
+7.3%
N/A+195.8%C$13.31BC$317.95MN/A219
TOI
Topicus.com
1.4123 of 5 stars
C$104.24
+0.5%
C$143.75
+37.9%
N/AC$8.71BC$1.70B248.19N/A
OTEX
Open Text
0.7826 of 5 stars
C$33.68
-1.0%
C$27.50
-18.3%
-28.0%C$8.17BC$5.25B13.0522,900

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This page (TSE:DSG) was last updated on 9/3/2026 by MarketBeat.com Staff.
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