DLX
Deluxe Corporation
DLX's fundamentals are mixed: free cash flow grew 37%, but earnings per share fell 6.6%. At 16x earnings, it's trading in line with its usual 17x. Analysts expect earnings growth.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
DLX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Weak |
DLX's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
DLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 6.6x | $26.69 | — |
| Cheap | 12x | $20.65 | -23% |
| Current | 16x | $26.69 | — |
| Fair | 17x | $29.15 | +9.2% |
| Expensive | 28x | $48.18 | +81% |
Historical ranges are pointers, not guarantees.
DLX has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
DLX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
DLX has the edge over NBIS on the outlook, with more favorable earnings expectations.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
DLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.05 | +137% |
| Q3 2026 | $1.71 | -6.6% |
| Q2 2026 | $2.17 | +68% |
| Q1 2026 | $2.26 | +81% |
| Q4 2025 | $1.80 | +53% |
| Q3 2025 | $1.83 | +48% |
| Q2 2025 | $1.29 | +50% |
| Q1 2025 | $1.25 | +62% |
| Q4 2024 | $1.18 | +100% |
DLX has the edge over NBIS in the latest year-over-year earnings comparison.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has returned to profit: it earned $0.33 per share over the past year, after losing money the year before.
DLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $553.9M | +2.5% |
| Q2 2026 | $499.3M | -4.2% |
| Q1 2026 | $538.1M | +0.3% |
| Q4 2025 | $535.2M | +2.8% |
| Q3 2025 | $540.2M | +2.2% |
| Q2 2025 | $521.3M | -3.1% |
| Q1 2025 | $536.5M | +0.3% |
| Q4 2024 | $520.5M | -3.1% |
DLX has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.5% | -4.5 points |
| Q2 2026 | 11% | -0.5 points |
| Q1 2026 | 13% | +4.4 points |
| Q4 2025 | 8.9% | -0.1 points |
| Q3 2025 | 14% | +6.2 points |
| Q2 2025 | 12% | +0.6 points |
| Q1 2025 | 9% | +0.7 points |
| Q4 2024 | 9% | -0.4 points |
DLX's operating margin was 9.5% last quarter, down 4.5 points from the same quarter a year ago.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
DLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $49M | +12% |
| Q2 2026 | $58.6M | +111% |
| Q1 2026 | $27.3M | +12% |
| Q4 2025 | $79.3M | +32% |
| Q3 2025 | $43.9M | -6.2% |
| Q2 2025 | $27.8M | +143% |
| Q1 2025 | $24.3M | +295% |
| Q4 2024 | $60.2M | -28% |
DLX generated $214M in free cash flow over the past year, up 37% from the year before.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
DLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +100K shares |
| 1 year | +2% | +904K shares |
| 3 years | +6.5% | +2.8M shares |
| 5 years | +8.1% | +3.5M shares |
| Available history | +8.1% | +3.5M shares |
DLX has 47M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $14M |
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over DLX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
DLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.0x | High |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.5x | Elevated |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 4.1x | High |
DLX's net debt is about 5.0 years of its operating earnings (EBITDA), up from 3.8 years a year ago.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
DLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 53.1 | Neutral |
DLX's weekly RSI is 60 (neutral) and its Stochastic is 53 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
DLX PE vs Communication Services Sector
| Metric | DLX | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 5.3% below |
| PE % | 45 | 26 | 19 pts above |
DLX has the edge over NBIS on valuation relative to its sector.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
DLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.1 | 11% above |
| 20 week MA | $24.3 | 9.7% above |
| 50 week MA | $25.0 | 6.6% above |
| 100 week MA | $21.5 | 24% above |
| 200 week MA | $20.5 | 30% above |
DLX has stronger trend alignment. DLX is above 5 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
DLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.1 | $26.1 | -48% |
| 2021 | $26.1 | $31.6 | +21% |
| 2022 | $31.6 | $17.0 | -46% |
| 2023 | $17.0 | $21.5 | +26% |
| 2024 | $21.5 | $22.4 | +4.6% |
| 2025 | $22.4 | $22.7 | +1.1% |
| 2026 YTD | $22.7 | $26.7 | +18% |
DLX has finished higher in four of the last six years. It's up 18% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over DLX on returns for 2026, with the stronger performance.