Added to YB: 2026-08-17
Pitch date: 2026-08-14
CSU.TO [neutral]
Constellation Software Inc.
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 47.2B
Pitch Price
N/A
Price Target
N/A
Dividend
0.18%
EV/EBITDA
20.57
P/E
49.11
EV/Sales
4.02
Sector
Software
Category
growth
Constellation Software: 2Q26 Recap
CSU.TO (earnings): 2Q26 rev +17% y/y, organic flat at 1%; stock -5%. Maintenance recurring +2% (lowest since Covid) on tough Altera comp; adj ~4-5%. No AI disruption; mgmt won't set AI targets. Capital deployment stepped up: $2.5bn YTD (>$1bn above FY25). FCFA2S +18% y/y, LTM ~$2.2bn. At $2,215, $46.8bn cap = ~21x LTM FCF; 14% FCF CAGR since 2020.
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