Constellation Software (MEX:CSUN) Debt-to-EBITDA : 1.48 (As of Mar. 2026) — 35% Above Median

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MEX:CSUN Constellation Software Inc MEX:CSUN
89 GF Score
Price MXN32,500.00
GF Value MXN57,419.05
! 4 Warning Signs
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What is Constellation Software Debt-to-EBITDA?

Constellation Software MEX:CSUN 89 Debt-to-EBITDA is 1.48 as of Mar. 2026, which is 35% above its 10-year median of 1.10. GuruFocus rates MEX:CSUN with a GF Score™ of 89/100 and a GF Value™ of MXN57,419.05. The stock has 4 warning signs investors should review. Among 1,722 Software companies, Constellation Software ranks worse than 63.94% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Constellation Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN25,047 Mil. Constellation Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN75,250 Mil. Constellation Software's annualized EBITDA for the quarter that ended in Mar. 2026 was MXN67,947 Mil. Constellation Software's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.48.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Constellation Software's Debt-to-EBITDA or its related term are showing as below:

MEX:CSUN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 1.1   Max: 2.54
Current: 1.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Constellation Software was 2.54. The lowest was 0.45. And the median was 1.10.

MEX:CSUN's Debt-to-EBITDA is ranked worse than
63.94% of 1722 companies
in the Software industry
Industry Median: 1.04 vs MEX:CSUN: 1.93

Constellation Software  (MEX:CSUN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Constellation Software Debt-to-EBITDA Related Terms


Constellation Software Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Constellation Software's Debt-to-EBITDA 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.

Constellation Software Debt-to-EBITDA Chart

Constellation Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.40 2.54 1.82 2.25

Constellation Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 1.84 2.24 2.06 2.08 1.48

MEX:CSUN vs QH, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Constellation Software's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Constellation Software's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Constellation Software's Debt-to-EBITDA falls into.


MEX:CSUN
89GF Score
Constellation Software Inc MEX:CSUN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Constellation Software Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Constellation Software's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27134.59 + 77064.396) / 46418.695
=2.24

Constellation Software's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25047.42 + 75250.457) / 67947.212
=1.48

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.48 mean?
Constellation Software (MEX:CSUN) has a Debt-to-EBITDA of 1.48 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Software. This is 35% above median its historical median of 1.10. Over the past decade, Constellation Software's Debt-to-EBITDA has ranged from 0.45 to 2.54. According to the industry distribution chart, Constellation Software ranks #1101 out of 1722 companies in the Software industry, placing it in the top 63.9%.
Is Constellation Software's Debt-to-EBITDA too high?
Constellation Software's current Debt-to-EBITDA of 1.48 is 35% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.54. The Software industry median Debt-to-EBITDA is 1.04. Constellation Software's value of 1.48 is 42.3% above this industry median. Based on the distribution chart, Constellation Software ranks #1101 out of 1722 companies in the Software industry, which is below the industry midpoint. Overall, Constellation Software has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Constellation Software's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Constellation Software ranks #1101 out of 1722 companies for Debt-to-EBITDA. This places Constellation Software in the lower half of its industry. The industry median Debt-to-EBITDA is 1.04. Constellation Software's value of 1.48 is 42.3% above this benchmark. Historically, Constellation Software's own Debt-to-EBITDA has ranged from 0.45 to 2.54 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.04, Constellation Software has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Software company?
The median Debt-to-EBITDA among Software companies is 1.04, based on 1,722 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Software's current Debt-to-EBITDA of 1.48 is 42.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Software. For the Software industry, the median Debt-to-EBITDA is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Software's current Debt-to-EBITDA is 1.48, which is 35% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Software stock overvalued right now?
Constellation Software (MEX:CSUN) has a current Debt-to-EBITDA of 1.48. The stock's GF Value™ is MXN57,419.05, compared to a current price of MXN32,500.00 — trading 43.4% below its estimated fair value. The current Debt-to-EBITDA is 1.48, which is 35% above median its 10-year median of 1.10 and 42.3% above the Software industry median of 1.04. Constellation Software's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Constellation Software (MEX:CSUN), the current Debt-to-EBITDA is 1.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Constellation Software (MEX:CSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Constellation Software stock appears to be undervalued. The current stock price of MXN32,500.00 is trading 43.4% below its estimated GF Value™ of MXN57,419.05.

Key valuation signals for MEX:CSUN:

  • Debt-to-EBITDA: 1.48 (35% above median its 10-year median of 1.10)
  • GF Value™: MXN57,419.05 vs. price of MXN32,500.00 (43.4% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 42.3% above the Software median (#1101 of 1722)

No single metric tells the full story. See the MEX:CSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Constellation Software Business Description

Address 66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2026, Constellation consisted of over 1,000 individual businesses.
89GF Score

Get the complete analysis for MEX:CSUN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN32,500.00
Price
MXN57,419.05
GF Value