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Added to YB: 2025-04-02

Pitch date: 2025-03-28

TOI.V [neutral]

Topicus.com Inc.

-13.06%

current return

Author Info

Company Info

Topicus.com Inc. provides vertical market software and vertical market platforms in the Netherlands and internationally.

Market Cap

CAD 7.4B

Pitch Price

CAD 141.03

Price Target

N/A

Dividend

N/A

EV/EBITDA

26.58

P/E

57.41

EV/Sales

5.70

Sector

Software

Category

value

Show full summary:
Portfolio Updates - March 2025 - Topicus.com Inc.

TOI.V (holding update - added to position). Undervalued at CAD 118 (Pinetree Q4 entry). Valuation reaches CAD 160 pre-Asseco & Q1 acquisitions. Q1 2025 M&A spend > FY 2024+2023 combined, accelerating growth. Low-cost debt vs high ROIC. Leverage rising but historically low vs Constellation. Upside potential significant.

Read full article (1 min)