Added to YB: 2026-08-14
Pitch date: 2026-08-12
CSU.TO [neutral]
Constellation Software Inc.
+2.79%
current return
Author Info
Best Anchor Stocks shares deep research on companies with long-term potential aThe Bear Cavend lower-than-average volatility. Sign up for the newsletter.
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 46.8B
Pitch Price
CAD 3.1K
Price Target
N/A
Dividend
0.18%
EV/EBITDA
20.43
P/E
48.74
EV/Sales
3.99
Sector
Software
Category
growth
Food for the bears and bulls - Constellation Software Inc.
CSU.TO (earnings): Q2 rev +17%, margins dipped on 20% expense growth from heavy capital deployment. Organic growth decelerated to ~4% (ex-Altera comps), fueling 'AI kills SaaS' bears. Bull case: record $2.5B YTD deployment (near 2023 record w/ 1.5 quarters left), <0.5x net debt/OCF. FCFA2S +12% H1 ex-IRGA. Altera nearly paid off ($400M FCFA2S vs <$400M equity). Mgmt prioritizes IRR over organic growth/narrative; AI-driven growth seen further out. Author biased bullish, sees more food for bulls.
Read full article (8 min)