Constellation Software (MEX:CSUN) EBIT: MXN26,082 Mil (TTM As of Mar. 2026)


MEX:CSUN Constellation Software Inc MEX:CSUN
65 GF Score
Price MXN33,833.42
GF Value MXN67,444.26
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Constellation Software EBIT?

Constellation Software MEX:CSUN -9.71% 65 EBIT is MXN26,082 Mil as of Mar. 2026. GuruFocus rates MEX:CSUN with a GF Score™ of 65/100 and a GF Value™ of MXN67,444.26 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Constellation Software's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN10,116 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,082 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Constellation Software's annualized ROC % for the quarter that ended in Mar. 2026 was 11.51%. Constellation Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 358.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Constellation Software's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.37%.

Constellation Software  (MEX:CSUN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Constellation Software's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=37580.148 * ( 1 - 18.86% )/( (253988.405 + 276080.637)/ 2 )
=30492.5320872/265034.521
=11.51 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=291170.175 - 42061.315 - ( 56555.904 - max(0, 109366.622 - 104487.077+56555.904))
=253988.405

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=305996.887 - 40303.085 - ( 54332.525 - max(0, 117789.596 - 107402.761+54332.525))
=276080.637

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Constellation Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=40465.38/( ( (11235.557 + max(-47769.123, 0)) + (11342.568 + max(-54080.067, 0)) )/ 2 )
=40465.38/( ( 11235.557 + 11342.568 )/ 2 )
=40465.38/11289.0625
=358.45 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26468.379 + 1224.388 + 6770.142) - (42061.315 + 39864.62 + 306.09700000001)
=-47769.123

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29393.301 + 1496.714 + 7772.094) - (40303.085 + 52132.536 + 306.55500000001)
=-54080.067

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Constellation Software's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=26082.333/773559.288
=3.37 %

* 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 EBIT Related Terms

Constellation Software EBIT Historical Data

* Premium members only.

The historical data trend for Constellation Software's EBIT 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 EBIT Chart

Constellation Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,759.48 15,850.25 7,264.98 26,257.33 21,516.81

Constellation Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 6,648.92 4,537.84 5,558.29 5,869.86 10,116.35

MEX:CSUN vs CRM, SHOP, UBER: EBIT Comparison

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

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

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


MEX:CSUN
65GF Score
Constellation Software Inc MEX:CSUN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Constellation Software EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN26,082 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN26,082 Mil mean?
Constellation Software (MEX:CSUN) has a EBIT of MXN26,082 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Constellation Software.
Is Constellation Software's EBIT too high?
Constellation Software's current EBIT is MXN26,082 Mil. Overall, Constellation Software has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Software's EBIT compare to CRM and SHOP?
Constellation Software's EBIT of MXN26,082 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Constellation Software. Constellation Software's current EBIT is MXN26,082 Mil. 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?
Based on GuruFocus' analysis, Constellation Software (MEX:CSUN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN67,444.26, compared to a current price of MXN33,833.42 — trading 49.8% below its estimated fair value. The current EBIT is MXN26,082 Mil. Constellation Software's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Constellation Software (MEX:CSUN), the current EBIT is MXN26,082 Mil 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 MXN33,833.42 is trading 49.8% below its estimated GF Value™ of MXN67,444.26. GuruFocus considers Constellation Software to be Significantly Undervalued.

Key valuation signals for MEX:CSUN:

  • EBIT: MXN26,082 Mil
  • GF Value™: MXN67,444.26 vs. price of MXN33,833.42 (49.8% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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.
65GF Score

Get the complete analysis for MEX:CSUN

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

MXN33,833.42
Price
MXN67,444.26
GF Value