Added to YB: 2025-11-17
Pitch date: 2025-11-13
CSU.TO [neutral]
Constellation Software Inc.
+1.48%
current return
Author Info
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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 3.2K
Price Target
N/A
Dividend
0.17%
EV/EBITDA
26.18
P/E
73.26
EV/Sales
4.81
Sector
Software
Category
value
Constellation Software: 3Q25 Update
CSU.TO (earnings): Down 37% from peak on AI software creation fears. Q3 revs +16% y/y, organic +3%. 9M FCFA2S $1.5B, 80% capital deployed vs 100%+ historically. Trades 25x LTM FCF (decade low) despite mid-teens growth. AI threat overstated—VMS customers sticky due to switching costs, not dev barriers.
Read full article (5 min)