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TONX vs GLXY
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
TONX vs GLXY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Financial - Capital Markets |
| Market Cap | $184M | $114.04B |
| Revenue (TTM) | $895K | $61.36B |
| Net Income (TTM) | $76M | $40M |
| Gross Margin | 75.0% | 1.9% |
| Operating Margin | -13.0% | 0.9% |
| Total Debt | $464K | $5.33B |
| Cash & Equiv. | $8M | $1.45B |
TONX vs GLXY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 25 | May 26 | Return |
|---|---|---|---|
| TON Strategy Co. (TONX) | 100 | 40.2 | -59.8% |
| Galaxy Digital (GLXY) | 100 | 161.4 | +61.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TONX vs GLXY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TONX is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.81
- Rev growth 13.2%, EPS growth 100.0%
- Lower volatility, beta 1.81, Low D/E 2.9%, current ratio 3.84x
GLXY carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 28.5% 10Y total return vs TONX's -100.0%
- Efficiency ratio 0.0% vs TONX's 13.8% (lower = leaner)
- 0.0% yield; 1-year raise streak; the other pay no meaningful dividend
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.2% NII/revenue growth vs GLXY's 40.2% | |
| Value | Better valuation composite | |
| Quality / Margins | Efficiency ratio 0.0% vs TONX's 13.8% (lower = leaner) | |
| Stability / Safety | Beta 1.81 vs GLXY's 3.71, lower leverage | |
| Dividends | 0.0% yield; 1-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +28.5% vs TONX's -41.9% | |
| Efficiency (ROA) | Efficiency ratio 0.0% vs TONX's 13.8% |
TONX vs GLXY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
TONX vs GLXY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GLXY leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
GLXY is the larger business by revenue, generating $61.4B annually — 68553.8x TONX's $895,000. GLXY is the more profitable business, keeping -0.4% of every revenue dollar as net income compared to TONX's -11.5%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $895,000 | $61.4B |
| EBITDAEarnings before interest/tax | -$30M | $609M |
| Net IncomeAfter-tax profit | $76M | $40M |
| Free Cash FlowCash after capex | -$15M | $55M |
| Gross MarginGross profit ÷ Revenue | +75.0% | +1.9% |
| Operating MarginEBIT ÷ Revenue | -13.0% | +0.9% |
| Net MarginNet income ÷ Revenue | -11.5% | -0.4% |
| FCF MarginFCF ÷ Revenue | -10.2% | -2.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +158.4% | -4.7% |
Valuation Metrics
TONX leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $184M | $114.0B |
| Enterprise ValueMkt cap + debt − cash | $177M | $117.9B |
| Trailing P/EPrice ÷ TTM EPS | -186.78x | -55.28x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 193.58x |
| Price / SalesMarket cap ÷ Revenue | 205.28x | 1.86x |
| Price / BookPrice ÷ Book value/share | 0.12x | 37.58x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
TONX leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
TONX delivers a 44.2% return on equity — every $100 of shareholder capital generates $44 in annual profit, vs $1 for GLXY. TONX carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to GLXY's 1.76x. On the Piotroski fundamental quality scale (0–9), TONX scores 6/9 vs GLXY's 1/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +44.2% | +1.5% |
| ROA (TTM)Return on assets | +42.1% | +0.4% |
| ROICReturn on invested capital | -79.4% | +9.2% |
| ROCEReturn on capital employed | -116.5% | +16.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 1 |
| Debt / EquityFinancial leverage | 0.03x | 1.76x |
| Net DebtTotal debt minus cash | -$7M | $3.9B |
| Cash & Equiv.Liquid assets | $8M | $1.4B |
| Total DebtShort + long-term debt | $464,000 | $5.3B |
| Interest CoverageEBIT ÷ Interest expense | 45245.50x | 9.71x |
Total Returns (Dividends Reinvested)
GLXY leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GLXY five years ago would be worth $12,851 today (with dividends reinvested), compared to $4 for TONX. Over the past 12 months, GLXY leads with a +28.5% total return vs TONX's -41.9%. The 3-year compound annual growth rate (CAGR) favors GLXY at 8.7% vs TONX's -78.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +34.9% | +18.4% |
| 1-Year ReturnPast 12 months | -41.9% | +28.5% |
| 3-Year ReturnCumulative with dividends | -99.0% | +28.5% |
| 5-Year ReturnCumulative with dividends | -100.0% | +28.5% |
| 10-Year ReturnCumulative with dividends | -100.0% | +28.5% |
| CAGR (3Y)Annualised 3-year return | -78.7% | +8.7% |
Risk & Volatility
Evenly matched — TONX and GLXY each lead in 1 of 2 comparable metrics.
Risk & Volatility
TONX is the less volatile stock with a 1.81 beta — it tends to amplify market swings less than GLXY's 3.71 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GLXY currently trades 63.8% from its 52-week high vs TONX's 10.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.81x | 3.71x |
| 52-Week HighHighest price in past year | $29.77 | $45.92 |
| 52-Week LowLowest price in past year | $1.75 | $16.43 |
| % of 52W HighCurrent price vs 52-week peak | +10.9% | +63.8% |
| RSI (14)Momentum oscillator 0–100 | 68.2 | 71.8 |
| Avg Volume (50D)Average daily shares traded | 408K | 5.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates TONX as "Buy" and GLXY as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $37.43 |
| # AnalystsCovering analysts | 2 | 11 |
| Dividend YieldAnnual dividend ÷ price | — | +0.0% |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | $0.01 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
GLXY leads in 2 of 6 categories (Income & Cash Flow, Total Returns). TONX leads in 2 (Valuation Metrics, Profitability & Efficiency). 1 tied.
TONX vs GLXY: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is TONX or GLXY a better buy right now?
For growth investors, TON Strategy Co.
(TONX) is the stronger pick with 1321% revenue growth year-over-year, versus 40. 2% for Galaxy Digital (GLXY). Analysts rate TON Strategy Co. (TONX) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — TONX or GLXY?
Over the past 5 years, Galaxy Digital (GLXY) delivered a total return of +28.
5%, compared to -100. 0% for TON Strategy Co. (TONX). Over 10 years, the gap is even starker: GLXY returned +28. 5% versus TONX's -100. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — TONX or GLXY?
By beta (market sensitivity over 5 years), TON Strategy Co.
(TONX) is the lower-risk stock at 1. 81β versus Galaxy Digital's 3. 71β — meaning GLXY is approximately 105% more volatile than TONX relative to the S&P 500. On balance sheet safety, TON Strategy Co. (TONX) carries a lower debt/equity ratio of 3% versus 176% for Galaxy Digital — giving it more financial flexibility in a downturn.
04Which is growing faster — TONX or GLXY?
By revenue growth (latest reported year), TON Strategy Co.
(TONX) is pulling ahead at 1321% versus 40. 2% for Galaxy Digital (GLXY). On earnings-per-share growth, the picture is similar: TON Strategy Co. grew EPS 100. 0% year-over-year, compared to -184. 1% for Galaxy Digital. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — TONX or GLXY?
Galaxy Digital (GLXY) is the more profitable company, earning -0.
4% net margin versus -1154. 1% for TON Strategy Co. — meaning it keeps -0. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GLXY leads at 0. 9% versus -1301. 0% for TONX. At the gross margin level — before operating expenses — TONX leads at 75. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — TONX or GLXY?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is TONX or GLXY better for a retirement portfolio?
For long-horizon retirement investors, TON Strategy Co.
(TONX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Galaxy Digital (GLXY) carries a higher beta of 3. 71 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TONX: -100. 0%, GLXY: +28. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between TONX and GLXY?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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