EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Constellation Software Inc. (CNSWY) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of Constellation Software Inc. $11.10, price $10.46, upside +6.2%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Technology · US · ADR

CS Constellation Software Inc. logo Broad data Sep 29, 2026

Constellation Software Inc.

CNSWY · US

NeutralQuality growthThe stock looks roughly fairly valued with average quality.

·Fair value $11.10 · Fairly valued (+6.2%)
!Quality 59/100
✓Healthy Growth (revenue 3y +20.6 %/yr)
!Thin margins · 6.1% net margin (TTM)
✓Moderate debt · generates free cash flow
!0.1% dividend yield · Token dividend
✓Ranks above peers (9/14)
!Moderate moat 54/100
!Weak on dividend: 3 out of 100
Watch Constellation Software Inc. ADR for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$15.98 $8.22 Fair Value $11.10 Nov 2025 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Sep 29, 2026.

How to read this chart

11‑month range $8.22 – $15.98 · fair‑value band $7.47 – $14.74 · the $10.46 price screens below the $11.10 fair value. As of Sep 29, 2026.

Follow Constellation Software Inc. ADR in your weekly email

Every Wednesday you see whether Constellation Software Inc. ADR is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets. It is involved in the software licensing; and sale of hardware activities.

Show more

Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets. It is involved in the software licensing; and sale of hardware activities. The company also offers professional services consist of implementation services, custom programming, product training, managed services, and consulting services; maintenance and customer support services, and hosted software-as-a-service products; and other recurring services. It operates in Canada, the United States, the United Kingdom, Europe, and internationally. The company was incorporated in 1995 and is headquartered in Toronto, Canada.

Stock analysis

Constellation Software Inc. ADR (CNSWY) currently trades at $10.46, while our model-based Fair Value estimate is $11.10, so the stock looks roughly fairly valued today (gap 5.8%).

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of $13.55 per share, and 10 of the 26 models we run sit above the $10.46 price.

Bear case: the Economic Profit group reads lowest at $1.12, and 16 of the 26 models stay below the price. Evidence for this calculation is high.

Scenario range: $7.47 (bear) to $14.74 (bull), the price of $10.46 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 59/100 (solid quality), in the Technology sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Constellation Software Inc. ADR reported revenue of $11.6B in FY2025 versus $5.1B in FY2021, a compound +22.8%/yr. Reported net income was $512M in FY2025, compounding +13.4%/yr from FY2021.

Key figures

Market cap $40.5B · P/E ratio 58.1 · P/S ratio 2.56 · EPS (TTM) $0.1800 · Dividend yield 0.1% · Net margin 4.4% · Return on equity 19.7% · Return on assets (EBIT) 13.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).

What moves the price

For context, the median of 10 Technology peers we cover trades at −8% fair-value upside, at 6%, CNSWY screens cheaper than that median.

Fair Value models

Bear $7.47 Fair Value $11.10 Bull $14.74
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF $10.45 $17.70 $38.48 72
Residual Income $0.9300 $1.12 $1.63 72
EPV $3.53 $4.15 $4.70 71
All 26 models by family
DCF Models
FCF DCF $10.45 $17.70 $38.48 72
Owner Earnings $7.30 $16.89 $37.02 67
5Y Revenue Exit $6.20 $10.86 $19.81 67
5Y EBITDA Exit $10.63 $20.44 $38.37 68
5Y P/E Exit $4.57 $7.94 $12.01 67
10Y Revenue Exit $7.25 $13.55 $20.56 63
10Y EBITDA Exit $10.56 $21.95 $42.74 61
10Y P/E Exit $6.29 $10.46 $16.97 60
Earnings-Based
Graham-Dodd $0.8200 $5.73 $8.04 60
Lynch FV $1.71 $2.44 $3.17 58
PEG = 1.0 $1.71 $2.44 $3.17 55
EPV $3.53 $4.15 $4.70 71
Dividend Discount
Gordon GGM $0.1800 $0.3800 $0.6100 63
DDM Multi-Stage $0.1800 $0.3200 $0.4000 64
Multiples
P/E Multiple $2.54 $3.38 $4.23 63
P/S Multiple $1.54 $2.05 $2.57 58
P/B Multiple $1.54 $2.05 $2.57 55
EV/EBIT $8.74 $11.72 $14.71 66
EV/EBITDA $10.91 $14.61 $18.32 67
EV/Revenue $4.31 $6.25 $8.19 53
Asset-Based
NCAV (Graham) $0.5000 $0.6700 $1.01 54
Growth DCF
Growth DCF $9.95 $19.70 $38.31 71
Rev-Margin DCF $6.20 $11.59 $19.61 67
Economic Profit
Residual Income $0.9300 $1.12 $1.63 72
ROIC Compounder $4.36 $6.25 $8.82 68
Growth Earnings
Growth-Adj P/E $2.66 $3.80 $4.94 65

Open the full fair value analysis →

Notify me when CNSWY reaches fair value

Put CNSWY on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 59/100

Of which business quality 61 · Market factors (momentum, volatility) 47

Profitability 42
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+15.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.6%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+10.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.6%
Dividend (yield on the price)0.1%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.18% → 18%

Watch CNSWY, get fair value alerts →

Earlier news

News mood ⓘNews mood, the average tone of recent news (33 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Positive
Recent news coverage is more positive than average.

Compare Constellation Software Inc. ADR with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 687 stocks

Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 59 · Above median
Fair Value upside +1.2% · Above median
Profitability
Return on equity (TTM) 19.7% · Top 25%
Return on assets 8.0% · Top 25%
Net margin (TTM) 6.1% · Above median
Operating margin (TTM) 13.8% · Above median
Growth and dividend
Revenue growth 19.9% · Above median
Dividend yield (TTM) 0.1% · Bottom 25%
Balance sheet
Debt / equity 0.94× · Highest 25%

Valuation Multiplesvs Software - Application median · lower = cheaper

P/E (TTM) 58.1× · Priciest 25%
P/B 9.48× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM) 3.33× · Pricier than median
P/FCF 15.2× · Cheaper than median
EV/EBITDA 17.1× · Pricier than median
PEG 0.46× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)35 · sector 27
FUTURE (revenue growth)100 · sector 42
PAST (return on equity)79 · sector 15
HEALTH (low debt)53 · sector 97
DIVIDEND (yield)3 · sector 30

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
SAP SE SAP €186.74 €172.46 −8%
Salesforce, Inc CRM $229.57 $342.73 +49%
Shopify Inc SHOP $144.01 $64.36 −55%
ServiceNow, Inc NOW $134.01 $147.41 +10%
Uber Technologies, Inc UBER $69.36 $103.69 +49%
Snowflake Inc SNOW $330.31 $74.36 −77%
Automatic Data Processing, Inc ADP $261.80 $150.01 −43%
Adobe Inc ADBE $239.94 $454.04 +89%
Datadog, Inc DDOG $268.70 $32.52 −88%
Cadence Design Systems, Inc CDNS $326.70 $225.48 −31%

Explore undervalued stocks

More undervalued Technology stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Constellation Software Inc. ADR Fair Value". https://www.fairvalue-calculator.com/stock/CNSWY

Frequently asked questions

Is Constellation Software Inc. (CNSWY) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $11.10 versus a price of $10.46, about +6% upside (fairly valued).
What is the fair value of CNSWY?
Our model-based fair value for Constellation Software Inc. ADR is $11.10 (as of Sep 29, 2026), built from audited fundamentals. The current price: $10.46.
What is the quality score of CNSWY?
Constellation Software Inc. ADR has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Constellation Software Inc. (CNSWY)?
Our model-based price target is the fair value of $11.10 (as of Sep 29, 2026) from 26 valuation models. Cautious scenario $7.47, optimistic scenario $14.74. It is a calculation from audited fundamentals, not an analyst target.
What is the Constellation Software Inc. ADR stock forecast for 2026?
Our models put fair value at $11.10, about +6% upside versus a price of $10.46 (fairly valued). Cautious scenario $7.47, optimistic scenario $14.74. The calculation is refreshed regularly with new filings.
What is the revenue of Constellation Software Inc. (CNSWY)?
Constellation Software Inc. ADR reported trailing-twelve-month revenue of about $12.1B (latest available figure, as of Sep 29, 2026).
Does Constellation Software Inc. ADR pay a dividend?
Constellation Software Inc. ADR currently shows a dividend yield of about 0.14% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of Constellation Software Inc. (CNSWY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Constellation Software Inc. ADR it is $11.10 per share (as of Sep 29, 2026), against a price of $10.46. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Constellation Software Inc. ADR stock overvalued or undervalued in 2026?
As of Sep 29, 2026, CNSWY trades below its calculated fair value: price $10.46, fair value $11.10, a gap of about +6% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CNSWY?
No. The price is what the market pays today ($10.46); the fair value is what the company's own numbers justify ($11.10). For Constellation Software Inc. ADR the two are $0.6445 per share apart. That gap is exactly why we show both numbers side by side.
How much is Constellation Software Inc. ADR worth?
The market values Constellation Software Inc. ADR at about $40.5B (market capitalisation, as of Sep 29, 2026). Per share that is $10.46; our models calculate a fair value of $11.10 per share.
What do the bullish and bearish scenarios say about CNSWY?
Our models span a range for Constellation Software Inc. ADR: cautious scenario $7.47, base $11.10, optimistic $14.74 per share (as of Sep 29, 2026, price $10.46). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CNSWY?
Constellation Software Inc. ADR trades at a price-to-earnings ratio of 58.1 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $11.10 is built from several models across several years. Other multiples: PEG 0.5, P/B 9.5, P/S 3.3, EV/EBITDA 17.1.
What is the PEG ratio of CNSWY?
The PEG ratio of Constellation Software Inc. ADR is 0.46 (P/E divided by earnings growth, as of Sep 29, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Constellation Software Inc. (CNSWY)?
Balance-sheet figures for Constellation Software Inc. ADR (as of Sep 29, 2026): return on equity 19.7%, debt of 0.94 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
Which stocks are comparable to Constellation Software Inc. ADR?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Constellation Software Inc. ADR stock attractive at the current price?
The data as of Sep 29, 2026: price $10.46, calculated fair value $11.10 (+6%), Quality Score 59/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CNSWY calculated?
We run Constellation Software Inc. ADR through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $11.10, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Constellation Software Inc. ADR currently trades 6 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Constellation Software Inc. (CNSWY)?
The closing price on Oct 2, 2026 was $10.46. Our model-based fair value is $11.10, about +6% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Constellation Software Inc. ADR right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($7.47 to $14.74) leaves room in how you read the outcome.

Key figures of Constellation Software Inc. ADR

How large is the market capitalisation of Constellation Software Inc. (CNSWY)?
The market capitalisation of Constellation Software Inc. ADR is $40.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Constellation Software Inc. (CNSWY)?
The price-to-sales ratio of Constellation Software Inc. ADR is 2.56 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Constellation Software Inc. (CNSWY)?
Earnings per share at Constellation Software Inc. ADR are $0.1800 (price ÷ EPS = P/E 58.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Constellation Software Inc. (CNSWY)?
The dividend yield of Constellation Software Inc. ADR is 0.1% (payout 8.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Constellation Software Inc. (CNSWY)?
The net margin of Constellation Software Inc. ADR is 4.4% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Constellation Software Inc. (CNSWY)?
The return on equity (ROE) of Constellation Software Inc. ADR is 19.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Constellation Software Inc. (CNSWY)?
On an EBIT basis the return on assets of Constellation Software Inc. ADR is 13.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Constellation Software Inc. (CNSWY)?
The operating margin of Constellation Software Inc. ADR is 13.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Constellation Software Inc. (CNSWY)?
Revenue at Constellation Software Inc. ADR is growing +19.9% versus a year earlier (3y avg +20.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Constellation Software Inc. (CNSWY)?
Earnings per share at Constellation Software Inc. ADR are growing +170% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Constellation Software Inc. (CNSWY) generate?
The free cash flow of Constellation Software Inc. ADR is $2.7B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Constellation Software Inc. (CNSWY) carry?
The net debt of Constellation Software Inc. ADR is $2.3B (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Constellation Software Inc. ADR in the live analysis

One click puts Constellation Software Inc. ADR on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.