Constellation Software (MEX:CSUN) Goodwill-to-Asset: 0.11 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:CSUN Constellation Software Inc MEX:CSUN
89 GF Score
Price MXN32,500.00
GF Value MXN57,419.05
! 4 Warning Signs
View Full Analysis

What is Constellation Software Goodwill-to-Asset?

Constellation Software MEX:CSUN 89 Goodwill-to-Asset is 0.11 as of Mar. 2026. 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.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Constellation Software's Goodwill for the quarter that ended in Mar. 2026 was MXN33,829 Mil. Constellation Software's Total Assets for the quarter that ended in Mar. 2026 was MXN305,997 Mil. Therefore, Constellation Software's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.11.


Constellation Software  (MEX:CSUN) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Constellation Software Goodwill-to-Asset Related Terms


Constellation Software Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Constellation Software's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Constellation Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.12 0.11 0.11

Constellation Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset 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 0.11 0.11 0.11 0.11 0.11

MEX:CSUN vs QH, SHOP, UBER: Goodwill-to-Asset Comparison

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

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

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


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

Constellation Software Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Constellation Software's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=32068.152/291170.175
=0.11

Constellation Software's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=33829.345/305996.887
=0.11

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.11 mean?
Constellation Software (MEX:CSUN) has a Goodwill-to-Asset of 0.11 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Constellation Software and its competitors.
Is Constellation Software's Goodwill-to-Asset too high?
Constellation Software's current Goodwill-to-Asset is 0.11. 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 Goodwill-to-Asset compare to QH and SHOP?
Constellation Software's Goodwill-to-Asset of 0.11 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 Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Constellation Software and its competitors. Constellation Software's current Goodwill-to-Asset is 0.11. 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 Goodwill-to-Asset of 0.11. 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 Goodwill-to-Asset is 0.11. 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 Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Constellation Software (MEX:CSUN), the current Goodwill-to-Asset is 0.11 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:

  • Goodwill-to-Asset: 0.11
  • GF Value™: MXN57,419.05 vs. price of MXN32,500.00 (43.4% below fair value)
  • GF Score™: 89/100 with 4 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.
89GF Score

Get the complete analysis for MEX:CSUN

Goodwill-to-Asset 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