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[BLOG] Dan Shuart

Added to YB: 2026-06-30

Pitch date: 2026-06-27

CSU.TO [bullish]

Constellation Software Inc.

-3.24%

current return

Author Info

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 42.1B

Pitch Price

CAD 2.9K

Price Target

N/A

Dividend

0.20%

EV/EBITDA

17.68

P/E

56.67

EV/Sales

3.73

Sector

Software

Category

value

Show full summary:
Constellation Software: Presentation At The Intellectual Investor Conference

CSU.TO: Serial acquirer of vertical market software, 1,200+ deals since 1995. Stock -50% on AI fears, founder retirement, capital deployment concerns—all overblown. Now 15x FCF (vs historically rich). FCF compounded 26% since 2006 IPO, no shares issued. Decentralized, high switching costs, low churn shield from AI; cheaper VMS valuations = M&A tailwind. New CEO Mark Miller there since day 1.

Read full article (5 min)