Multibagger

Research · refreshed nightly · August 17, 2026

Long Growth Runways at a Discount (October 2026)

Long runways at fair prices.

A long growth runway matters most at a discount, before the market has priced it. These 50 companies rank on runway while the ordering keeps the price side honest. tonies SE leads with a runway score of 88 at a $1.4B cap, BillionToOne follows at 87, BBB Foods at 86, and the median across the fifty is 80.

Runway estimates how much growing room remains relative to what a company has already captured. Notice how mid-sized the list is: Accelerant at $3.0B, Alignment Healthcare at $3.6B, Nordrest at $406M, with Atlassian's $17.5B the largest of the top ten. Long roads still unpriced rarely belong to giants. Click any name for the citation-backed analysis.

50companies qualify
80median runway
68median MGI
10joined this week

The ranking

Sorted by runway
1
Trainline plcTRN.GB🇬🇧
runway 87 · revenue +25%/yr · asset light
G 69V 69O 75Cap $1.1B
2
Anpario plcANP.GB🇬🇧
runway 85 · revenue +9%/yr · asset light
G 69V 63O 73Cap $112.1M
3
Nordrest Holding ABNREST.SE🇸🇪
runway 84 · revenue +38%/yr · scale economics
G 69V 68O 74Cap $383.6M
4
Frequentis AGFQT.AT🇦🇹
runway 84 · revenue +15%/yr · asset light
G 71V 72O 80Cap $994M
5
Reddit, Inc.RDDT🇺🇸
runway 84 · revenue +42%/yr · asset light
G 74V 62O 77Cap $33.8B
6
STIF S.A.ALSTI.FR🇫🇷
runway 84 · revenue +42%/yr · asset light
G 68V 60O 71Cap $314.6M
7
Plejd ABPLEJD.SE🇸🇪
runway 83 · revenue +28%/yr · asset light
G 75V 68O 81Cap $858.6M
8
Pinterest, Inc.PINS🇺🇸
runway 83 · revenue +12%/yr · asset light
G 66V 63O 69Cap $12.8B
9
Synektik S.A.SNT.PL🇵🇱
runway 83 · revenue +48%/yr · scale economics
G 73V 60O 76Cap $764M
10
Grab Holdings LimitedGRAB🇸🇬
runway 83 · revenue +41%/yr · scale economics
G 70V 62O 75Cap $15.1B
11
Diaceutics PLCDXRX.GB🇬🇧
runway 83 · revenue +22%/yr · asset light
G 61V 66O 65Cap $150M
12
Global-E Online Ltd.GLBE🇮🇱
runway 82 · revenue +35%/yr · scale economics
G 70V 63O 75Cap $6.5B
13
tonies SETNIE.DE🇩🇪
runway 82 · revenue +36%/yr · asset light
G 69V 65O 75Cap $1.6B
14
Eagle Eye Solutions Group plcEYE.GB🇬🇧
runway 82 · revenue +17%/yr · asset light
G 70V 66O 75Cap $203.5M
15
Paxman ABPAX.GB🇬🇧
runway 82 · revenue +27%/yr · asset light
G 65V 62O 69Cap $127.1M
16
Pagaya Technologies Ltd.PGY🇺🇸
runway 82 · revenue +24%/yr · asset light
G 56V 67O 61Cap $1.7B
17
Vitalhub Corp.VHI.CA🇨🇦
runway 82 · revenue +39%/yr · asset light
G 73V 69O 79Cap $343M
18
Futu Holdings LimitedFUTU🇭🇰
runway 82 · revenue +27%/yr · asset light
G 68V 61O 72Cap $14.8B
19
Veeva Systems Inc.VEEV🇺🇸
runway 80 · revenue +14%/yr · asset light
G 75V 60O 83Cap $39.6B
20
Alphatec Holdings, Inc.ATEC🇺🇸
runway 80 · revenue +11%/yr · asset light
G 29V 62O 31Cap $1.4B
21
CeriBell, Inc.CBLL🇺🇸
runway 80 · revenue +31%/yr · asset light
G 58V 64O 63Cap $819.4M
22
Facephi Biometria, S.A.FACE.ES🇪🇸
runway 80 · revenue +58%/yr · asset light
G 47V 83O 54Cap $67M
23
Tantalus Systems Holding Inc.GRID.CA🇨🇦
runway 80 · revenue +13%/yr · asset light
G 68V 70O 74Cap $185.8M
24
MercadoLibre, Inc.MELI🇺🇾
runway 80 · revenue +38%/yr · scale economics
G 73V 72O 84Cap $89.8B
25
Veracyte, Inc.VCYT🇺🇸
runway 80 · revenue +21%/yr · asset light
G 69V 68O 75Cap $3.3B
26
On Holding AGONON🇨🇭
runway 80 · revenue +35%/yr · asset light
G 70V 64O 75Cap $12.7B
27
Clavister ABCLAV.SE🇸🇪
runway 80 · revenue +13%/yr · asset light
G 40V 65O 42Cap $98.8M
28
Waystar Holding Corp.WAY🇺🇸
runway 80 · revenue +16%/yr · asset light
G 55V 65O 60Cap $4.3B
29
Axon Partners Group S.A.APG.ES🇪🇸
runway 80 · revenue +20%/yr · asset light
G 64V 66O 68Cap $96.6M
30
Duolingo, Inc.DUOL🇺🇸
runway 79 · revenue +35%/yr · asset light
G 68V 63O 73Cap $5.8B
31
MINISO Group Holding LimitedMNSO🇨🇳
runway 79 · revenue +18%/yr · scale economics
G 37V 62O 39Cap $3.5B
32
Versamet Royalties CorporationVMET🇨🇦
runway 79 · revenue +187%/yr · asset light
G 66V 71O 72Cap $1.1B
33
innoscripta SE1INN.DE🇩🇪
runway 79 · revenue +43%/yr · asset light
G 66V 70O 73Cap $867.5M
34
Guidewire Software, Inc.GWRE🇺🇸
runway 79 · revenue +14%/yr · asset light
G 71V 61O 78Cap $13.2B
35
Stille ABSTIL.SE🇸🇪
runway 79 · revenue +27%/yr · asset light
G 64V 63O 67Cap $192.5M
36
Zedcor Inc.ZDC.CA🇨🇦
runway 79 · revenue +41%/yr · asset light
G 43V 63O 46Cap $440.8M
37
Insulet CorporationPODD🇺🇸
runway 79 · revenue +23%/yr · asset light
G 72V 68O 80Cap $10.2B
38
Roku, Inc.ROKU🇺🇸
runway 79 · revenue +14%/yr · scale economics
G 64V 62O 68Cap $21.9B
39
The Trade Desk, Inc.TTD🇺🇸
runway 79 · revenue +20%/yr · asset light
G 67V 77O 76Cap $7.6B
40
Flywire CorporationFLYW🇺🇸
runway 79 · revenue +29%/yr · asset light
G 67V 70O 75Cap $2.2B
41
Yuanbao Inc.YB🇨🇳
runway 79 · revenue +65%/yr · asset light
G 69V 62O 73Cap $620.7M
42
Allegro.eu S.A.ALE.PL🇵🇱
runway 79 · revenue +17%/yr · asset light
G 70V 75O 78Cap $7.2B
43
dLocalDLO🇺🇾
runway 79 · revenue +41%/yr · scale economics
G 68V 77O 79Cap $4.0B
44
Atour Lifestyle Holdings LtdATAT🇨🇳
runway 79 · revenue +38%/yr · scale economics
G 72V 66O 79Cap $4.7B
45
Rush Street Interactive, Inc.RSI🇺🇸
runway 78 · revenue +23%/yr · scale economics
G 68V 61O 73Cap $6.2B
46
AvePoint, Inc.AVPT🇺🇸
runway 78 · revenue +19%/yr · asset light
G 68V 67O 74Cap $2.6B
47
HubSpot, Inc.HUBS🇺🇸
runway 78 · revenue +22%/yr · asset light
G 68V 70O 74Cap $10.3B
48
MNTN, Inc.MNTN🇺🇸
runway 78 · revenue +26%/yr · asset light
G 65V 73O 72Cap $809.6M
49
Toast, Inc.TOST🇺🇸
runway 78 · revenue +32%/yr · scale economics
G 68V 61O 73Cap $18.1B
50
eToro Group Ltd.ETOR🇮🇱
runway 78 · revenue +46%/yr · scale economics
G 65V 76O 73Cap $2.3B

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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.