Added to YB: 2026-07-14
Pitch date: 2026-07-10
TOI.V [bullish]
Topicus.com Inc.
+1.69%
current return
Author Info
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Company Info
Topicus.com Inc. provides vertical market software and vertical market platforms in the Netherlands and internationally.
Market Cap
CAD 4.7B
Pitch Price
CAD 90.77
Price Target
137.00 (+50%)
Dividend
N/A
EV/EBITDA
34.55
P/E
150.97
EV/Sales
3.22
Sector
Software
Category
value
The serial acquirer trading 50% below its peers whilst growing over 20% per year: Topicus.com
TOI.V: VMS serial acquirer (Constellation subsidiary), down 53% since Jul 2025 on SaaSpocalypse/CSU leadership change. Trades 18.7x LFCF vs 36x peer median despite highest ROIC, ~25% growth, 25% EBITA margin, 49.9% rule-of-40. Insiders own 37%. Base case 18-22% IRR, upside 30-34%, bull 40-50% over 5yrs.
Read full article (28 min)