Docebo Inc. (DCBO) vs Grid Dynamics Holdings, Inc. (GDYN)

A side-by-side comparison of Docebo Inc. and Grid Dynamics Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — DCBO vs GDYN

growth of $100 · dividends reinvested · last 6y
DCBO -52.6% (-11.7%/yr)GDYN -26.1% (-4.9%/yr)GDYN compounded faster over this window
100200300400Start $100202120222023202420252026$47$74
DCBO GDYN

DCBO vs GDYN: by the numbers

  • •GDYN is the larger company ($636M vs $610M market cap).
  • •DCBO trades at the lower trailing earnings multiple (20.65 vs 288.24 P/E), one valuation lens rather than an overall verdict.
  • •DCBO converts more revenue to profit (12.98% vs 0.68% net margin).
  • •DCBO grew revenue faster over the past five years (25.79% vs 24.16% CAGR).

Metrics side by side

Valuation

MetricDCBOGDYN
P/E ratio20.65288.24
Forward P/E14.06N/A
P/S ratio2.351.51
P/B ratioN/A1.22
EV / EBITDA23.4514.75
FCF yield5.64%2.52%

Profitability

MetricDCBOGDYN
Gross margin79.40%34.72%
Operating margin8.64%-0.44%
Net margin12.98%0.68%
ROEN/A0.55%
ROIC23.03%-0.19%

Growth (annualized)

MetricDCBOGDYN
Revenue CAGR (5Y)25.79%24.16%
FCF CAGR (5Y)63.41%8.96%
Total return CAGR (5Y)-19.64%-23.01%

Frequently asked

Which has the lower trailing P/E, DCBO or GDYN?
DCBO has the lower trailing P/E: DCBO trades at 20.65 and GDYN at 288.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DCBO or GDYN?
Over the past five years, DCBO grew revenue faster — DCBO at a 25.79% CAGR versus GDYN at 24.16%.
Is DCBO or GDYN more profitable?
DCBO runs the higher net margin — DCBO at 12.98% versus GDYN at 0.68%.
How have DCBO and GDYN total returns compared?
Over the past 5 years, DCBO delivered -19.64% and GDYN delivered -23.01% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.