Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Constellation SoftwareTSX:CSU -1.44%82 EV-to-EBITDA is 14.90 as of Jul. 24, 2026, which is 34% below its 10-year median of 22.48. GuruFocus rates TSX:CSU with a GF Score™ of 82/100 and a GF Value™ of C$5,675.50 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,957 Software companies, Constellation Software ranks worse than 64.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Constellation Software's enterprise value is C$58,955 Mil.
Constellation Software's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$3,957 Mil. Therefore, Constellation Software's EV-to-EBITDA for today is 14.90.
The historical rank and industry rank for Constellation Software's EV-to-EBITDA or its related term are showing as below:
TSX:CSU'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 13.43 Med: 22.48 Max: 43.53
Current: 14.9
During the past 13 years, the highest EV-to-EBITDA of Constellation Software was 43.53. The lowest was 13.43. And the median was 22.48.
TSX:CSU's EV-to-EBITDA is ranked worse than 64.33% of 1957
companies
in the Software industry
Industry Median: 10.33
vs TSX:CSU: 14.90
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Constellation Software's PE Ratio (TTM) for today is calculated as:
Constellation Software's share price for today is C$2565.61.
Constellation Software's Earnings per Share (Diluted) 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 C$48.241.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
TSX:CSU vs UBER, SHOP, CRM: EV-to-EBITDA Comparison
For the Software - Application subindustry, Constellation Software's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Constellation Software's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Constellation Software's EV-to-EBITDA falls into.
Constellation Software's current Enterprise Value is C$58,955 Mil.
Constellation Software's EBITDA 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 C$3,957 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.
Constellation Software (TSX:CSU) has a EV-to-EBITDA of 14.90 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Software. This is 34% below median its historical median of 22.48. Over the past decade, Constellation Software's EV-to-EBITDA has ranged from 13.43 to 43.53. According to the industry distribution chart, Constellation Software ranks #1259 out of 1957 companies in the Software industry, placing it in the top 64.3%.
Is Constellation Software's EV-to-EBITDA too high?
Constellation Software's current EV-to-EBITDA of 14.90 is 34% below median its 10-year median of 22.48. Over the past 10 years, this metric has ranged from a low of 13.43 to a high of 43.53. The Software industry median EV-to-EBITDA is 10.33. Constellation Software's value of 14.90 is 44.2% above this industry median. Based on the distribution chart, Constellation Software ranks #1259 out of 1957 companies in the Software industry, which is below the industry midpoint. Overall, Constellation Software has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Software's EV-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Constellation Software ranks #1259 out of 1957 companies for EV-to-EBITDA. This places Constellation Software in the lower half of its industry. The industry median EV-to-EBITDA is 10.33. Constellation Software's value of 14.90 is 44.2% above this benchmark. Historically, Constellation Software's own EV-to-EBITDA has ranged from 13.43 to 43.53 over the past decade. While the company's 10-year median is 22.48 vs. the industry median of 10.33, 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 EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.33, based on 1,957 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Software's current EV-to-EBITDA of 14.90 is 44.2% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Software. For the Software industry, the median EV-to-EBITDA is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Software's current EV-to-EBITDA is 14.90, which is 34% below median its own 10-year median of 22.48. 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 (TSX:CSU) is currently considered Significantly Undervalued. The stock's GF Value™ is C$5,675.50, compared to a current price of C$2,565.61 — trading 54.8% below its estimated fair value. The current EV-to-EBITDA is 14.90, which is 34% below median its 10-year median of 22.48 and 44.2% above the Software industry median of 10.33. Constellation Software's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Constellation Software (TSX:CSU), the current EV-to-EBITDA is 14.90 as of Jul. 24, 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 (TSX:CSU) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Software stock appears to be undervalued.
The current stock price of C$2,565.61 is trading 54.8% below its estimated GF Value™ of C$5,675.50.
GuruFocus considers Constellation Software to be Significantly Undervalued.
Key valuation signals for TSX:CSU:
EV-to-EBITDA: 14.90 (34% below median its 10-year median of 22.48)
GF Value™: C$5,675.50 vs. price of C$2,565.61 (54.8% below fair value)
Industry Position: 44.2% above the Software median (#1259 of 1957)
No single metric tells the full story. See the TSX:CSU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
82GF Score
Get the complete analysis for TSX:CSU
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:CSU has been successfully added to your 
