Added to YB: 2025-10-20
Pitch date: 2025-10-16
CSU.TO [bullish]
Constellation Software Inc.
-14.11%
current return
Author Info
Heavy Moat Investments is on a journey to find high-quality businesses with a long-term investment horizon of all sizes. Sign up for the newsletter.
Company Info
Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.
Market Cap
CAD 50.3B
Pitch Price
CAD 3.8K
Price Target
N/A
Dividend
0.17%
EV/EBITDA
26.18
P/E
73.26
EV/Sales
4.81
Sector
Software
Category
growth
Constellation Software's perfect storm
CSU.TO increased position: Despite 29% drawdown from Q2 results, AI fears, style drift concerns & Mark Leonard's CEO resignation due to health, fundamentals remain strong. 4% organic growth, expanding margins, ~$1B deployed. AI won't disrupt VMS businesses with high switching costs. Decentralized culture built for leadership transition. Forward PE 20-30x fair for 15-20% revenue growth potential.
Read full article (7 min)