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The Descartes Systems Group (DSG) Competitors

The Descartes Systems Group logo
C$121.44 +0.64 (+0.53%)
As of 09:40 AM Eastern

DSG vs. HUT, DAY, OTEX, TOI, 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 Hut 8 (HUT), Dayforce (DAY), Open Text (OTEX), Topicus.com (TOI), 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 Hut 8?

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

67.9% of The Descartes Systems Group shares are held by institutional investors. Comparatively, 39.7% 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, hedge funds and endowments believe a company is poised for long-term growth.

The Descartes Systems Group has a net margin of 24.25% compared to Hut 8's net margin of -188.53%. The Descartes Systems Group's return on equity of 11.69% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group24.25% 11.69% 7.51%
Hut 8 -188.53%-39.50%-4.25%

The Descartes Systems Group has a beta of 0.067323, meaning that its stock price is 93% 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.

In the previous week, The Descartes Systems Group had 1 more articles in the media than Hut 8. MarketBeat recorded 7 mentions for The Descartes Systems Group and 6 mentions for Hut 8. Hut 8's average media sentiment score of 0.22 beat The Descartes Systems Group's score of 0.07 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)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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)
1 Hold rating(s)
1 Buy rating(s)
8 Strong Buy rating(s)
3.70

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$775.17M13.33C$97.67MC$2.1556.19
Hut 8C$317.95M46.17C$193.22M-C$5.40N/A

Summary

The Descartes Systems Group beats Hut 8 on 9 of the 15 factors compared between the two stocks.

How does The Descartes Systems Group compare to Dayforce?

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

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$775.17M13.33C$97.67MC$2.1556.19

The Descartes Systems Group has a net margin of 24.25% compared to Dayforce's net margin of 0.00%. The Descartes Systems Group's return on equity of 11.69% 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 24.25%11.69%7.51%

Dayforce has a beta of 0.993443, suggesting that its share price is 1% less volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.067323, suggesting that its share price is 93% less volatile than the broader market.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dayforce
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

In the previous week, The Descartes Systems Group had 7 more articles in the media than Dayforce. MarketBeat recorded 7 mentions for The Descartes Systems Group and 0 mentions for Dayforce. The Descartes Systems Group's average media sentiment score of 0.07 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

60.3% of Dayforce shares are owned by institutional investors. Comparatively, 67.9% 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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 Open Text?

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

The Descartes Systems Group has a net margin of 24.25% 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 24.25%11.69%7.51%

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$5.25B1.64C$455.93MC$2.5813.76
The Descartes Systems GroupC$775.17M13.33C$97.67MC$2.1556.19

Open Text currently has a consensus price target of C$27.50, indicating a potential downside of 22.51%. Given Open Text's higher possible upside, equities research analysts clearly 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

In the previous week, The Descartes Systems Group had 7 more articles in the media than Open Text. MarketBeat recorded 7 mentions for The Descartes Systems Group and 0 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.07 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 Overall Sentiment
Open Text Neutral
The Descartes Systems Group Neutral

Open Text has a beta of 1.178135, suggesting that its share price is 18% more volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.067323, suggesting that its share price is 93% less volatile than the broader market.

53.5% of Open Text shares are owned by institutional investors. Comparatively, 67.9% of The Descartes Systems Group shares are owned by institutional investors. 2.1% of Open Text shares are owned by insiders. Comparatively, 0.0% of The Descartes Systems Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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 Topicus.com?

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

The Descartes Systems Group has a net margin of 24.25% compared to Topicus.com's net margin of 0.00%. The Descartes Systems Group's return on equity of 11.69% beat Topicus.com's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group24.25% 11.69% 7.51%
Topicus.com N/A N/A N/A

In the previous week, The Descartes Systems Group had 6 more articles in the media than Topicus.com. MarketBeat recorded 7 mentions for The Descartes Systems Group and 1 mentions for Topicus.com. Topicus.com's average media sentiment score of 0.75 beat The Descartes Systems Group's score of 0.07 indicating that Topicus.com 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)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Topicus.com
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$775.17M13.33C$97.67MC$2.1556.19
Topicus.comC$1.70B4.51C$35.08MC$0.42218.00

The Descartes Systems Group has a beta of 0.067323, suggesting that its stock price is 93% less volatile than the broader market. Comparatively, Topicus.com has a beta of 0.063019, suggesting that its stock price is 94% less volatile than the broader market.

67.9% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 21.4% 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, endowments and hedge funds believe a company will outperform the market over the long term.

Topicus.com has a consensus target price of C$143.75, suggesting a potential upside of 57.00%. Given Topicus.com's higher probable upside, analysts clearly 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

Summary

The Descartes Systems Group beats Topicus.com on 12 of the 17 factors compared between the two stocks.

How does The Descartes Systems Group compare to Bitfarms?

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

The Descartes Systems Group has a net margin of 24.25% compared to Bitfarms' net margin of -234.21%. The Descartes Systems Group's return on equity of 11.69% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-234.21% -74.20% -10.66%
The Descartes Systems Group 24.25%11.69%7.51%

Bitfarms has a beta of 3.414688, indicating that its stock price is 241% more volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.067323, indicating that its stock price is 93% less volatile than the broader market.

In the previous week, The Descartes Systems Group had 7 more articles in the media than Bitfarms. MarketBeat recorded 7 mentions for The Descartes Systems Group and 0 mentions for Bitfarms. The Descartes Systems Group's average media sentiment score of 0.07 beat Bitfarms' score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the news media.

Company Overall Sentiment
Bitfarms Neutral
The Descartes Systems Group Neutral

11.7% of Bitfarms shares are held by institutional investors. Comparatively, 67.9% of The Descartes Systems Group shares are held by institutional investors. 23.4% of Bitfarms 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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

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
BitfarmsC$229.28M21.67-C$110.66M-C$0.52N/A
The Descartes Systems GroupC$775.17M13.33C$97.67MC$2.1556.19

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$10.39BC$16.79BC$31.11BC$12.72B
Dividend Yield1.06%3.42%2.76%6.34%
P/E Ratio56.48115.8564.7838.35
Price / Sales13.401,272.27581.948.68
Price / Cash33.3747.1049.4882.29
Price / Book6.328.947.974.44
Net IncomeC$97.67MC$430.53MC$764.86MC$299.09M
7 Day Performance6.46%-0.55%-2.03%0.69%
1 Month Performance9.25%-1.41%-1.06%-1.38%
1 Year Performance-11.33%1.00%166.61%15.18%

The Descartes Systems Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DSG
The Descartes Systems Group
1.1602 of 5 stars
C$121.44
+0.5%
N/A-9.6%C$10.39BC$775.17M56.4850,800
HUT
Hut 8
1.2945 of 5 stars
C$130.86
+3.0%
N/A+95.2%C$16.13BC$317.95MN/A248
DAY
Dayforce
N/AC$95.35
-1.1%
N/A-0.4%C$15.26BC$1.89BN/AN/A
OTEX
Open Text
0.6985 of 5 stars
C$32.30
+0.7%
C$27.50
-14.9%
-34.3%C$7.82BC$5.25B12.5219,900
TOI
Topicus.com
1.9023 of 5 stars
C$86.54
-0.9%
C$143.75
+66.1%
N/AC$7.23BC$1.70B206.05N/A

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This page (TSE:DSG) was last updated on 10/14/2026 by MarketBeat.com Staff.
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