Added to YB: 2026-09-11
Pitch date: 2026-09-09
DSGX [bullish]
The Descartes Systems Group Inc.
-2.31%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
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 6.3B
Pitch Price
CAD 73.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.26
P/E
36.54
EV/Sales
7.85
Sector
Software
Category
growth
Descartes Systems Group Trucking Along with More Acquisitions and Constellation Software Continues to Rapidly Deploy Capital
DSGX: Descartes is sustaining strong growth despite AI-disruption fears and logistics headwinds, while trading around 16x forward EV/EBITDA versus a roughly 25x long-term historical multiple. Last-quarter revenue rose 15%, adjusted EBITDA 20% and net income 34%, with organic growth above 9% as tariff complexity drove demand for Global Trade Intelligence. The $220M Tai and Extensiv acquisitions broaden transportation, warehouse and fulfillment capabilities; upcoming results will test whether this trajectory continues.
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