Added to YB: 2025-08-13
Pitch date: 2025-08-11
CSU.TO [neutral]
Constellation Software Inc.
-30.88%
current return
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 50.3B
Pitch Price
CAD 4.8K
Price Target
5.8K (+75%)
Dividend
0.17%
EV/EBITDA
26.18
P/E
73.26
EV/Sales
4.81
Sector
Software
Category
growth
Constellation Software Q2 2025
CSU.TO (earnings update): Strong Q2 despite GAAP noise - FCFA2S +20% to $220M, cash flow ops +63% to $433M. Organic growth 5% (recurring rev +7%), acquisitions 10%. 68% EPS drop due to FX losses ($118M), IRGA/TSS liability ($126M). $2.58B cash + $1B credit. $474M deployed H1. Main concern: can 20%+ IRRs continue at scale? Smart money projecting 15-20% long-term.
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