Added to YB: 2026-04-09
Pitch date: 2026-02-13
CSU.TO [bullish]
Constellation Software Inc.
+4.09%
current return
Author Info
No bio for this author
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 37.2B
Pitch Price
CAD 2.3K
Price Target
5.4K (+124%)
Dividend
0.23%
EV/EBITDA
15.42
P/E
72.66
EV/Sales
3.49
Sector
Software
Category
value
Constellation Software Inc. - $CSU.TO
CSU.TO: VMS roll-up down 60% on AI/succession fears to <15x FCF (lowest since 2014), vs 25x+ historical avg. 20% CAGR FCFPS over decade via 1000+ niche software acquisitions at 1-1.5x sales, zero SBC, flat shares. Sticky vertical solutions less vulnerable to AI than horizontal SaaS. Leonard to board, Miller CEO. 12% CAGR to 2030 + 20x = 2.3x / $84B. Downside protected by 6% FCF yield + mgmt capital allocation skill.
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