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Constellation Software (STU:W9C) Cyclically Adjusted Price-to-FCF : 63.96 (As of Jun. 04, 2025)


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What is Constellation Software Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Constellation Software's current share price is €3195.00. Constellation Software's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €49.95. Constellation Software's Cyclically Adjusted Price-to-FCF for today is 63.96.

The historical rank and industry rank for Constellation Software's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:W9C' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.78   Med: 53.94   Max: 73.86
Current: 64.08

During the past years, Constellation Software's highest Cyclically Adjusted Price-to-FCF was 73.86. The lowest was 39.78. And the median was 53.94.

STU:W9C's Cyclically Adjusted Price-to-FCF is ranked worse than
72.9% of 701 companies
in the Software industry
Industry Median: 30.01 vs STU:W9C: 64.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Constellation Software's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €35.443. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €49.95 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Software Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Constellation Software's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Constellation Software Cyclically Adjusted Price-to-FCF Chart

Constellation Software Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.86 60.71 43.78 55.91 62.16

Constellation Software Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.43 60.34 64.97 62.16 59.05

Competitive Comparison of Constellation Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Constellation Software's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Constellation Software's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Constellation Software's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Constellation Software's Cyclically Adjusted Price-to-FCF falls into.


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Constellation Software Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Constellation Software's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3195.00/49.95
=63.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Constellation Software's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Constellation Software's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=35.443/129.1809*129.1809
=35.443

Current CPI (Mar. 2025) = 129.1809.

Constellation Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.555 100.500 3.284
201509 4.303 100.421 5.535
201512 4.741 99.947 6.128
201603 6.071 101.054 7.761
201606 2.787 102.002 3.530
201609 5.629 101.765 7.146
201612 5.737 101.449 7.305
201703 7.834 102.634 9.860
201706 2.349 103.029 2.945
201709 4.643 103.345 5.804
201712 6.278 103.345 7.848
201803 9.720 105.004 11.958
201806 1.818 105.557 2.225
201809 5.540 105.636 6.775
201812 8.337 105.399 10.218
201903 11.568 106.979 13.969
201906 1.754 107.690 2.104
201909 7.198 107.611 8.641
201912 10.405 107.769 12.472
202003 15.117 107.927 18.094
202006 9.680 108.401 11.536
202009 9.174 108.164 10.957
202012 13.537 108.559 16.108
202103 19.462 110.298 22.794
202106 6.423 111.720 7.427
202109 11.431 112.905 13.079
202112 13.781 113.774 15.647
202203 20.995 117.646 23.054
202206 2.946 120.806 3.150
202209 14.917 120.648 15.972
202212 17.194 120.964 18.362
202303 27.414 122.702 28.861
202306 4.965 124.203 5.164
202309 22.240 125.230 22.942
202312 21.549 125.072 22.257
202403 31.561 126.258 32.292
202406 11.047 127.522 11.191
202409 21.173 127.285 21.488
202412 29.427 127.364 29.847
202503 35.443 129.181 35.443

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Constellation Software  (STU:W9C) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Constellation Software Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Constellation Software's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Constellation Software Business Description

Industry
Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Constellation Software is a conglomerate that acquires, manages, and grows mission-critical vertical market software businesses. As of 2023, we estimate Constellation operates over 1,000 distinct software businesses in over 150 vertical markets globally, with no one business contributing materially to group earnings. The firm operates a highly decentralized model, where portfolio company management holds autonomy and accountability over operating decisions, and where small centralized teams provide financial and strategic guidance.

Constellation Software Headlines

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