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Added to YB: 2026-08-10

Pitch date: 2026-08-07

DSGX [bullish]

The Descartes Systems Group Inc.

Author Info

No bio for this author

Company Info

The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific.

Market Cap

CAD 6.6B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

19.38

P/E

38.63

EV/Sales

8.33

Sector

Software

Category

growth

Show full summary:
Feather Fund | PORTFOLIO UPDATE - New Position: The Descartes Systems Group Inc.

DSGX (new position): Operates Global Logistics Network (24B+ msgs/yr), mission-critical trade infra w/ two-sided network moat, 300k+ pre-certified partners, prohibitive switching costs. 93% recurring rev, high FCF, near zero debt. Programmatic acquirer (CSU-like) buying at mid-teens multiples, ROIC>WACC. Trade volatility/tariffs = tailwinds via compliance suite. Risks: M&A integration, severe trade contraction. Tactical developing position.

Read full article (3 min)