Professional
Added to YB: 2026-09-17
Pitch date: 2026-07-30
CSU.TO [bullish]
Constellation Software Inc.
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 45.1B
Pitch Price
N/A
Price Target
N/A
Dividend
0.19%
EV/EBITDA
19.72
P/E
46.92
EV/Sales
3.86
Sector
Software
Category
value
Bretton Fund New Position: Constellation Software Inc.
CSU.TO: Constellation Software’s 30-year acquisition model buys small, profitable niche-software businesses cheaply, then uses their cash flow to fund further purchases. The position was acquired at slightly above 13x estimated 2027 free cash flow per available share, which is expected to grow 15–20% in coming years. AI can lower the cost of building competitors, but limited customer benefits and meaningful switching and maintenance burdens may insulate incumbents.
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