View Past PerformanceConstellation Software バランスシートの健全性財務の健全性 基準チェック /46Constellation Softwareの総株主資本は$4.6B 、総負債は$5.1Bで、負債比率は111.2%となります。総資産と総負債はそれぞれ$17.0Bと$12.4Bです。 Constellation Softwareの EBIT は$2.0Bで、利息カバレッジ比率8.9です。現金および短期投資は$3.0Bです。主要情報111.15%負債資本比率US$5.12b負債インタレスト・カバレッジ・レシオ8.9x現金US$3.01bエクイティUS$4.61b負債合計US$12.36b総資産US$16.97b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • May 21First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th June 2026 Payment date: 10th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 3%.お知らせ • May 14Constellation Software Inc. Declares Quarterly Dividend, Payable on July 10, 2026Constellation Software Inc. declared a $1.00 per share dividend payable on July 10, 2026 to all common shareholders of record at close of business on June 19, 2026.お知らせ • Apr 16Constellation Software Inc. to Report Q1, 2026 Results on May 12, 2026Constellation Software Inc. announced that they will report Q1, 2026 results After-Market on May 12, 2026お知らせ • Mar 28Constellation Software Inc. Announces Mark Leonard’s Decision to Not Stand for Re-Election to Board of Directors, Effective May 15, 2026Constellation Software Inc. announced that Mark Leonard, the founder and former President of Constellation, will not stand for re-election to the Board of Directors. His current term will conclude following Constellation’s annual meeting of shareholders on May 15, 2026. Mr. Leonard will continue to serve as an advisor to Constellation, with a particular focus on supporting the company’s Permanent Engaged Minority Shareholder (“PEMS”) strategy—an initiative centered on selective, long-term, and engaged minority investments that complement Constellation’s longstanding acquisition model.お知らせ • Mar 10+ 1 more updateConstellation Software Inc., Annual General Meeting, May 15, 2026Constellation Software Inc., Annual General Meeting, May 15, 2026. Location: ontario, toronto Canadaお知らせ • Feb 18Constellation Software Inc. to Report Q4, 2025 Results on Mar 09, 2026Constellation Software Inc. announced that they will report Q4, 2025 results After-Market on Mar 09, 2026お知らせ • Feb 11Constellation Homebuilder Systems Announces Stella AI- the Purpose-Built Ai Agent Delivering Instant, Decision-Ready Insights for HomebuildersConstellation HomeBuilder Systems announced Stella AI, an enterprise-grade AI agent for homebuilders. Built for executives and frontline teams alike, Stella AI blends industry-specific intelligence, data security, and integration with builder workflows. Stella AI gives builders immediate visibility into market trends, performance shifts, and opportunities for improvement by surfacing insights from BuilderMetrix - Constellation's proprietary real-time data, analytics, and benchmarking platform. BuilderMetrix features a robust homebuilding dataset which includes aggregated and anonymized financial and operational data from live builder ERP systems, and other third-party data that a builder may subscribe to.お知らせ • Dec 10Constellation Software Inc. Announces Appointment of Mark Miller to Board of DirectorsConstellation Software Inc. announced the appointment of Mark Miller to Constellation’s Board of Directors. Mr. Miller is the President of Constellation, and Executive Chairman of the Volaris Group. Mr. Miller has worked with Constellation, Volaris Group and its subsidiaries for more than 30 years. Mr. Miller co-founded Trapeze Group in 1988, which was the first company acquired by Constellation in 1995.お知らせ • Nov 08Constellation Software Inc. Declares Quarterly Dividend, Payable on January 12, 2026Constellation Software Inc. declared a $1.00 per share dividend payable on January 12, 2026 to all common shareholders of record at close of business on December 19, 2025. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).お知らせ • Oct 22+ 2 more updatesConstellation Software Inc. to Report Nine Months, 2026 Results on Oct 21, 2026Constellation Software Inc. announced that they will report nine months, 2026 results on Oct 21, 2026お知らせ • Oct 21Constellation Software Inc. to Report Q3, 2025 Results on Nov 07, 2025Constellation Software Inc. announced that they will report Q3, 2025 results After-Market on Nov 07, 2025お知らせ • Sep 26Constellation Software Inc. Announces President ChangesConstellation Software Inc. announced that Mark Leonard has made the decision to resign from his position as President of Constellation for health reasons, effective immediately. Mark Miller, who is currently the Chief Operating Officer of Constellation, has been appointed President by the Constellation Board of Directors. Mr. Leonard will remain as a Director on the Board, and Mr. Miller’s other roles within Constellation will remain unchanged.お知らせ • Jul 15Constellation Software Inc. to Report Q2, 2025 Results on Aug 08, 2025Constellation Software Inc. announced that they will report Q2, 2025 results After-Market on Aug 08, 2025お知らせ • May 13Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2025Constellation Software Inc. declared a quarterly cash dividend of $1.00 per share, payable on July 11, 2025 to all common shareholders of record at close of business on June 20, 2025.お知らせ • Apr 15Constellation Software Inc. to Report Q1, 2025 Results on May 12, 2025Constellation Software Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025お知らせ • Mar 11Constellation Software Inc., Annual General Meeting, May 13, 2025Constellation Software Inc., Annual General Meeting, May 13, 2025.お知らせ • Mar 08Constellation Software Inc. Declares Quarterly Dividend, Payable on April 15, 2025Constellation Software Inc. declared a $1.00 per share dividend payable on April 15, 2025 to all common shareholders of record at close of business on March 28, 2025.お知らせ • Feb 12Constellation Software Inc. to Report Q4, 2024 Results on Mar 07, 2025Constellation Software Inc. announced that they will report Q4, 2024 results After-Market on Mar 07, 2025Buy Or Sell Opportunity • Jan 05Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to €2,980. The fair value is estimated to be €3,767, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Buy Or Sell Opportunity • Nov 16Now 21% undervaluedOver the last 90 days, the stock has risen 4.8% to €2,975. The fair value is estimated to be €3,782, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: US$7.74 (vs US$8.35 in 3Q 2023)Third quarter 2024 results: EPS: US$7.74 (down from US$8.35 in 3Q 2023). Revenue: US$2.54b (up 20% from 3Q 2023). Net income: US$164.0m (down 7.3% from 3Q 2023). Profit margin: 6.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 09Constellation Software Inc. Declares Quarterly Cash Dividend, Payable on January 10, 2025Constellation Software Inc. declared a $1.00 per share dividend payable on January 10, 2025 to all common shareholders of record at close of business on December 20, 2024. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).お知らせ • Oct 16Constellation Software Inc. to Report Q3, 2024 Results on Nov 08, 2024Constellation Software Inc. announced that they will report Q3, 2024 results After-Market on Nov 08, 2024Recent Insider Transactions • Sep 18Insider recently sold €14m worth of stockOn the 12th of September, Robert Alfred Scotchmer sold around 5k shares on-market at roughly €2,831 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €157m more than they bought in the last 12 months.Upcoming Dividend • Sep 13Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.1%).Declared Dividend • Aug 16Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th September 2024 Payment date: 10th October 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 4%.Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: US$8.35 (vs US$4.86 in 2Q 2023)Second quarter 2024 results: EPS: US$8.35 (up from US$4.86 in 2Q 2023). Revenue: US$2.47b (up 21% from 2Q 2023). Net income: US$177.0m (up 72% from 2Q 2023). Profit margin: 7.2% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.お知らせ • Jul 16Constellation Software Inc. to Report Q2, 2024 Results on Aug 09, 2024Constellation Software Inc. announced that they will report Q2, 2024 results After-Market on Aug 09, 2024お知らせ • Jun 25Constellation Software Inc. Announces Executive Appointments of OmegroConstellation Software Inc. announced that Kevin Bradley and Troy O’Connor have been named Omegro’s Co-CEOs responsible for capital generation and capital deployment respectively. Both Bradley and O’Connor have deep global experience managing software businesses across the wide spectrum of software solutions. Bradley has had an impressive career leading successful software businesses across multiple sectors including financial services, supply chain and FMCG. Having joined Constellation Software Inc. over a decade ago through acquisition and having acquired and grown multiple businesses along the way, Bradley is an expert on the best practices required to run a world-class software business. O’Connor’s career spans over 25 years in the software industry having started in consulting before spending 10+ years as a co-founder of a software business. He joined Constellation Software Inc. in 2017 via the acquisition of Smartrak, where he was the CEO. Smartrak remains an Omegro portfolio company today. During his time at Constellation Software, O’Connor has had senior roles across both operations and M&A that has included leading numerous acquisitions of Omegro portfolio companies.Recent Insider Transactions • Jun 17Founder recently sold €9.1m worth of stockOn the 12th of June, Mark Leonard sold around 4k shares on-market at roughly €2,599 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €18m. Mark has been a net seller over the last 12 months, reducing personal holdings by €56m.Upcoming Dividend • Jun 13Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 11 July 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.2%).Recent Insider Transactions • May 31Director recently sold €7.6m worth of stockOn the 27th of May, Robin Van Poelje sold around 3k shares on-market at roughly €2,512 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €18m. Insiders have been net sellers, collectively disposing of €63m more than they bought in the last 12 months.Declared Dividend • May 20First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th June 2024 Payment date: 11th July 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 5%.お知らせ • May 16Constellation Software Inc. Announces Several Changes to the Harris Executive Team, Effective June 1, 2024The Harris operating group of Constellation Software Inc. announced several changes to the Harris executive team which will go into effect June 1, 2024: Jeff Bender will take on the newly created role of Executive Chairman of Harris and will continue to oversee the Harris Operating Group on behalf of Constellation Software. Jeff will also continue as a Director of Constellation. As Executive Chairman of Harris, Jeff will continue to drive overall strategy, provide oversight on complex M&A transactions, and support the development of Harris' senior business leaders. Jean Soucy to be appointed as Harris Group CEO. Jean was previously the President of the Harris Public Sector group.Reported Earnings • May 13First quarter 2024 earnings released: EPS: US$4.96 (vs US$4.44 in 1Q 2023)First quarter 2024 results: EPS: US$4.96 (up from US$4.44 in 1Q 2023). Revenue: US$2.35b (up 23% from 1Q 2023). Net income: US$105.0m (up 12% from 1Q 2023). Profit margin: 4.5% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2024Constellation Software Inc. declared a $1.00 per share quarterly dividend payable on July 11, 2024 to all common shareholders of record at close of business on June 20, 2024.お知らせ • Apr 17Constellation Software Inc. to Report Q1, 2024 Results on May 10, 2024Constellation Software Inc. announced that they will report Q1, 2024 results After-Market on May 10, 2024Recent Insider Transactions • Mar 28Founder recently sold €8.8m worth of stockOn the 22nd of March, Mark Leonard sold around 3k shares on-market at roughly €2,580 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €15m. Mark has been a net seller over the last 12 months, reducing personal holdings by €29m.Upcoming Dividend • Mar 20Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.2%).Recent Insider Transactions • Mar 18Founder recently sold €15m worth of stockOn the 14th of March, Mark Leonard sold around 6k shares on-market at roughly €2,557 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.Declared Dividend • Mar 18Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 5%.お知らせ • Mar 09Constellation Software Inc., Annual General Meeting, May 13, 2024Constellation Software Inc., Annual General Meeting, May 13, 2024.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: US$26.67 (vs US$24.16 in FY 2022)Full year 2023 results: EPS: US$26.67 (up from US$24.16 in FY 2022). Revenue: US$8.41b (up 27% from FY 2022). Net income: US$565.0m (up 10% from FY 2022). Profit margin: 6.7% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 07Constellation Software Inc. Declares Quarterly Dividend, Payable on April 15, 2024Constellation Software Inc. declared a $1.00 per share dividend payable on April 15, 2024 to all common shareholders of record at close of business on March 28, 2024.Buy Or Sell Opportunity • Mar 07Now 20% undervaluedOver the last 90 days, the stock has risen 13% to €2,530. The fair value is estimated to be €3,164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.お知らせ • Feb 09Constellation Software Inc. announced that it expects to receive $1 billion in fundingConstellation Software Inc. announced private placement of 5.158% senior unsecured notes due 2029 for the gross proceeds of $500 million and 5.461% unsecured senior notes due 2034 for the gross proceeds of $500 million for the aggregate gross proceeds of $1,000 million on February 7, 2024. The notes will be senior unsecured obligations of the company and will rank equally in right of payment to all of the company’s existing and future senior unsecured indebtedness, including its amended and restated credit facility agreement announced on January 31, 2024. The notes will be guaranteed by certain subsidiaries of the company on the same basis as such subsidiaries have guaranteed the credit facility. The transaction is expected to close on February 16, 2024.お知らせ • Jan 18Constellation Software Inc. to Report Q4, 2023 Results on Mar 06, 2024Constellation Software Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024Buying Opportunity • Jan 02Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €2,820, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 38% in the next 2 years.お知らせ • Dec 20Constellation Software Inc. Announces the Retirement of Dexter Salna as DirectorConstellation Software Inc. announced the retirement of Dexter Salna, effective December 31, 2023. Perseus is one of the six operating groups within CSI. Mr. Salna will continue to serve on the board of Perseus, along with Mark Leonard and Bernie Anzarouth. Mr. Salna will also continue as a member of the board of directors at CSI. Dexter was the chief executive and architect of Perseus and its predecessors. He founded the group with a 40 employee, Toronto-based acquisition, in early 2004. The group has completed more than 50 acquisitions, has over 4000 employees, and manages a half billion dollars of CSI's capital.Upcoming Dividend • Dec 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 December 2023. Payment date: 11 January 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.6%).New Risk • Nov 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (100% net debt to equity). Significant insider selling over the past 3 months (€2.1m sold).お知らせ • Nov 11+ 1 more updateConstellation Software Inc. Announces Appointment of Lawrence Cunningham and Dexter Salna to the Board of DirectorsConstellation Software Inc. board of directors of Constellation announced the appointment of Lawrence Cunningham and Dexter Salna to the Company's Board of Directors. Lawrence A. Cunningham is the Managing Partner of the Quality Shareholders Group (a boutique investor relations consultancy) since 2017 and Special Counsel, Mayer Brown LLP, since January 2023. Mr. Cunningham served as the Henry St. George Tucker III Research Professor of Law at George Washington University from 2007 to 2022 (elected emeritus in 2022). He has served on several public, private, and non-profit boards. He currently is a Director of Markel Group (New York Stock Exchange) and of Kelly Partners Group (Australia Stock Exchange). Mr. Cunningham also is a Trustee of the Museum of American Finance; a member of the Dean's Council of Lerner College of Business at the University of Delaware; a member of the Editorial Board of Financial History; and a member of the Advisory Board for the Ben Graham Centre for Value Investing at Ivey Business School. Mr. Cunningham has written extensively on corporate affairs, including the best-selling book, The Essays of Warren Buffett. In 2018, he received the B. Kenneth West Lifetime Achievement Award from the National Association of Corporate Directors (NACD; in 2023, he delivered Delaware Law School's 37th Annual F.G. Pileggi Distinguished Lecture in Corporate Law. Dexter Salna joined Constellation in 1995 and is currently the Chairman of the Perseus operating group within Constellation and oversees its Romulus and Digital Marketing portfolios of software businesses. Prior to his current position, Mr. Salna held various senior executive positions within the Volaris operating group of Constellation.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: US$8.36 (vs US$6.42 in 3Q 2022)Third quarter 2023 results: EPS: US$8.36 (up from US$6.42 in 3Q 2022). Revenue: US$2.13b (up 23% from 3Q 2022). Net income: US$177.0m (up 30% from 3Q 2022). Profit margin: 8.3% (up from 7.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 18Constellation Software Inc. to Report Q3, 2023 Results on Nov 09, 2023Constellation Software Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023Upcoming Dividend • Sep 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 September 2023. Payment date: 11 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: US$4.86 (vs US$5.95 in 2Q 2022)Second quarter 2023 results: EPS: US$4.86 (down from US$5.95 in 2Q 2022). Revenue: US$2.04b (up 26% from 2Q 2022). Net income: US$103.0m (down 18% from 2Q 2022). Profit margin: 5.1% (down from 7.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 12Constellation Software Inc. Declares Dividend, Payable on October 11, 2023Constellation Software Inc. declared a dividend of $1.00 per share, dividend payable on October 11, 2023 to all common shareholders of record at close of business on September 20, 2023.お知らせ • Jul 21Constellation Software Inc. to Report Q2, 2023 Results on Aug 11, 2023Constellation Software Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 11, 2023Upcoming Dividend • Jun 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).Recent Insider Transactions • Jun 05Director recently sold €1.9m worth of stockOn the 1st of June, Barry Symons sold around 1k shares on-market at roughly €1,902 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months.お知らせ • May 18Constellation Software Inc. Declares Dividend, Payable on July 11, 2023Constellation Software Inc. declared a $1.00 per share dividend payable on July 11, 2023 to all common shareholders of record at close of business on June 20, 2023.Reported Earnings • May 16First quarter 2023 earnings released: EPS: US$4.44 (vs US$4.62 in 1Q 2022)First quarter 2023 results: EPS: US$4.44 (down from US$4.62 in 1Q 2022). Revenue: US$1.92b (up 34% from 1Q 2022). Net income: US$94.0m (down 4.1% from 1Q 2022). Profit margin: 4.9% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: US$24.18 (vs US$14.63 in FY 2021)Full year 2022 results: EPS: US$24.18 (up from US$14.63 in FY 2021). Revenue: US$6.62b (up 30% from FY 2021). Net income: US$512.0m (up 65% from FY 2021). Profit margin: 7.7% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 02Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €1,986, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 5.6% in the next 2 years.お知らせ • Feb 07Constellation Declares Special Dividend Payable on or About February 23, 2023Constellation announced that it has resolved to pay a special dividend (Dividend), pursuant to which all common shareholders of record on February 16, 2023 (Record Date) will be entitled to receive, by way of a dividend-in-kind, 3.0003833 subordinate voting shares of Lumine Group (the "Spin-Out Shares") for each common share of Constellation held. The payment date for the Dividend is expected to be on or about February 23, 2023. The common shares of Constellation will commence trading on an ex-dividend basis at the opening of markets on February 15, 2023.Recent Insider Transactions • Feb 05Insider recently sold €481k worth of stockOn the 31st of January, Robert Alfred Scotchmer sold around 298 shares on-market at roughly €1,616 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €532k more than they bought in the last 12 months.Buying Opportunity • Jan 11Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €1,929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to decline by 0.9% in the next 2 years.Upcoming Dividend • Dec 12Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 11 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.9%).Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: US$6.42 (vs US$5.05 in 3Q 2021)Third quarter 2022 results: EPS: US$6.42 (up from US$5.05 in 3Q 2021). Revenue: US$1.73b (up 33% from 3Q 2021). Net income: US$136.0m (up 27% from 3Q 2021). Profit margin: 7.9% (down from 8.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 05Constellation Software Inc. Declares Quarterly Dividend, Payable on January 11, 2023Constellation Software Inc. declared a $1.00 per share dividend payable on January 11, 2023 to all common shareholders of record at close of business on December 20, 2022.お知らせ • Oct 18Constellation Software Inc. to Report Q3, 2022 Results on Nov 04, 2022Constellation Software Inc. announced that they will report Q3, 2022 results After-Market on Nov 04, 2022Recent Insider Transactions • Sep 24Independent Vice Chairman of the Board recently bought €58k worth of stockOn the 22nd of September, Lawrence Cunningham bought around 40.0 shares on-market at roughly €1,450 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €151k. Lawrence has been a buyer over the last 12 months, purchasing a net total of €209k worth in shares.Upcoming Dividend • Sep 12Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: US$5.94 (vs US$4.15 in 2Q 2021)Second quarter 2022 results: EPS: US$5.94 (up from US$4.15 in 2Q 2021). Revenue: US$1.62b (up 30% from 2Q 2021). Net income: US$126.0m (up 43% from 2Q 2021). Profit margin: 7.8% (up from 7.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 05Constellation Software Inc. Declares Quarterly Dividend, Payable on October 11, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on October 11, 2022 to all common shareholders of record at close of business on September 20, 2022.お知らせ • Jul 18Constellation Software Inc. to Report Q2, 2022 Results on Aug 04, 2022Constellation Software Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022Upcoming Dividend • Jun 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 11 July 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.0%).Recent Insider Transactions • May 26Chief Financial Officer recently sold €292k worth of stockOn the 20th of May, Jamal Baksh sold around 200 shares on-market at roughly €1,462 per share. This was the largest sale by an insider in the last 3 months. Jamal has been a seller over the last 12 months, reducing personal holdings by €497k.Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$4.63 (vs US$0.42 loss in 1Q 2021)First quarter 2022 results: EPS: US$4.63 (up from US$0.42 loss in 1Q 2021). Revenue: US$1.43b (up 22% from 1Q 2021). Net income: US$98.0m (up US$107.0m from 1Q 2021). Profit margin: 6.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 21%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • May 05Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on July 11, 2022 to all common shareholders of record at close of business on June 20, 2022.お知らせ • Apr 19Constellation Software Inc. to Report Q1, 2022 Results on May 04, 2022Constellation Software Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022Upcoming Dividend • Mar 08Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 12 April 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.9%).お知らせ • Feb 26Constellation Software Inc., Annual General Meeting, May 05, 2022Constellation Software Inc., Annual General Meeting, May 05, 2022.お知らせ • Feb 11Constellation Software Inc. Declares Quarterly Dividend, Payable on April 12, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on April 12, 2022 to all common shareholders of record at close of business on March 16, 2022.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$14.65 (down from US$20.57 in FY 2020). Revenue: US$5.11b (up 29% from FY 2020). Net income: US$310.0m (down 29% from FY 2020). Profit margin: 6.1% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Buying Opportunity • Jan 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be US$1,805, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Upcoming Dividend • Dec 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 11 January 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (1.5%).お知らせ • Nov 27Constellation Software Inc. Announces Formation of Venture Capital Fund and Management ChangesConstellation Software Inc. announced the creation of a two hundred-million-dollar venture capital fund (‘VMS Ventures’, or ‘the Fund’). The Fund will provide financing for start-up and rapidly growing vertical market software businesses, most of which will have been either incubated or identified by a sponsoring Constellation business unit. While Constellation regularly invests in dozens of small initiatives and will continue to do so, VMS Ventures will invest in larger initiatives and take a different approach: The Managing Partner of the Fund will be Daan Dijkhuizen. In addition to managing the Fund, he will continue to be the CEO of the Topicus Operating Group (‘TOG’) within Topicus.com, but will resign his role as CEO of Topicus.com. Robin van Poelje will take on the role of the CEO Of Topicus.com in addition to his current position as Chairman.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$5.04 (vs US$5.76 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$1.30b (up 30% from 3Q 2020). Net income: US$107.0m (down 12% from 3Q 2020). Profit margin: 8.2% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 09Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 16 September 2021. Payment date: 08 October 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.4%).Recent Insider Transactions • Aug 25Insider recently sold €2.8m worth of stockOn the 18th of August, Brian Beattie sold around 2k shares on-market at roughly €1,420 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months.Recent Insider Transactions • Aug 15Chief Financial Officer recently sold €84k worth of stockOn the 12th of August, Jamal Baksh sold around 60.0 shares on-market at roughly €1,398 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.4m. Jamal has been a seller over the last 12 months, reducing personal holdings by €204k.Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS US$4.15 (vs US$3.92 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$1.25b (up 36% from 2Q 2020). Net income: US$88.0m (up 6.0% from 2Q 2020). Profit margin: 7.0% (down from 9.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jun 12Director recently sold €1.2m worth of stockOn the 10th of June, John Billowits sold around 1k shares on-market at roughly €1,207 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.4m. Insiders have been net sellers, collectively disposing of €9.9m more than they bought in the last 12 months.Upcoming Dividend • Jun 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 10 July 2021. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).財務状況分析短期負債: W9Cの 短期資産 ( $6.0B ) は 短期負債 ( $6.5B ) をカバーしていません。長期負債: W9Cの短期資産 ( $6.0B ) が 長期負債 ( $5.8B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: W9Cの 純負債対資本比率 ( 45.8% ) は 高い と見なされます。負債の削減: W9Cの負債対資本比率は、過去 5 年間で114.7%から111.2%に減少しました。債務返済能力: W9Cの負債は 営業キャッシュフロー によって 十分にカバー されています ( 54.7% )。インタレストカバレッジ: W9Cの負債に対する 利息支払い は EBIT ( 8.9 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 23:08終値2026/06/11 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Constellation Software Inc. 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関Harriet LiAccountability Research CorporationRichard TseATB Cormark Historical (Cormark Securities)Phillip HuangBarclays19 その他のアナリストを表示
Declared Dividend • May 21First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 19th June 2026 Payment date: 10th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 3%.
お知らせ • May 14Constellation Software Inc. Declares Quarterly Dividend, Payable on July 10, 2026Constellation Software Inc. declared a $1.00 per share dividend payable on July 10, 2026 to all common shareholders of record at close of business on June 19, 2026.
お知らせ • Apr 16Constellation Software Inc. to Report Q1, 2026 Results on May 12, 2026Constellation Software Inc. announced that they will report Q1, 2026 results After-Market on May 12, 2026
お知らせ • Mar 28Constellation Software Inc. Announces Mark Leonard’s Decision to Not Stand for Re-Election to Board of Directors, Effective May 15, 2026Constellation Software Inc. announced that Mark Leonard, the founder and former President of Constellation, will not stand for re-election to the Board of Directors. His current term will conclude following Constellation’s annual meeting of shareholders on May 15, 2026. Mr. Leonard will continue to serve as an advisor to Constellation, with a particular focus on supporting the company’s Permanent Engaged Minority Shareholder (“PEMS”) strategy—an initiative centered on selective, long-term, and engaged minority investments that complement Constellation’s longstanding acquisition model.
お知らせ • Mar 10+ 1 more updateConstellation Software Inc., Annual General Meeting, May 15, 2026Constellation Software Inc., Annual General Meeting, May 15, 2026. Location: ontario, toronto Canada
お知らせ • Feb 18Constellation Software Inc. to Report Q4, 2025 Results on Mar 09, 2026Constellation Software Inc. announced that they will report Q4, 2025 results After-Market on Mar 09, 2026
お知らせ • Feb 11Constellation Homebuilder Systems Announces Stella AI- the Purpose-Built Ai Agent Delivering Instant, Decision-Ready Insights for HomebuildersConstellation HomeBuilder Systems announced Stella AI, an enterprise-grade AI agent for homebuilders. Built for executives and frontline teams alike, Stella AI blends industry-specific intelligence, data security, and integration with builder workflows. Stella AI gives builders immediate visibility into market trends, performance shifts, and opportunities for improvement by surfacing insights from BuilderMetrix - Constellation's proprietary real-time data, analytics, and benchmarking platform. BuilderMetrix features a robust homebuilding dataset which includes aggregated and anonymized financial and operational data from live builder ERP systems, and other third-party data that a builder may subscribe to.
お知らせ • Dec 10Constellation Software Inc. Announces Appointment of Mark Miller to Board of DirectorsConstellation Software Inc. announced the appointment of Mark Miller to Constellation’s Board of Directors. Mr. Miller is the President of Constellation, and Executive Chairman of the Volaris Group. Mr. Miller has worked with Constellation, Volaris Group and its subsidiaries for more than 30 years. Mr. Miller co-founded Trapeze Group in 1988, which was the first company acquired by Constellation in 1995.
お知らせ • Nov 08Constellation Software Inc. Declares Quarterly Dividend, Payable on January 12, 2026Constellation Software Inc. declared a $1.00 per share dividend payable on January 12, 2026 to all common shareholders of record at close of business on December 19, 2025. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).
お知らせ • Oct 22+ 2 more updatesConstellation Software Inc. to Report Nine Months, 2026 Results on Oct 21, 2026Constellation Software Inc. announced that they will report nine months, 2026 results on Oct 21, 2026
お知らせ • Oct 21Constellation Software Inc. to Report Q3, 2025 Results on Nov 07, 2025Constellation Software Inc. announced that they will report Q3, 2025 results After-Market on Nov 07, 2025
お知らせ • Sep 26Constellation Software Inc. Announces President ChangesConstellation Software Inc. announced that Mark Leonard has made the decision to resign from his position as President of Constellation for health reasons, effective immediately. Mark Miller, who is currently the Chief Operating Officer of Constellation, has been appointed President by the Constellation Board of Directors. Mr. Leonard will remain as a Director on the Board, and Mr. Miller’s other roles within Constellation will remain unchanged.
お知らせ • Jul 15Constellation Software Inc. to Report Q2, 2025 Results on Aug 08, 2025Constellation Software Inc. announced that they will report Q2, 2025 results After-Market on Aug 08, 2025
お知らせ • May 13Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2025Constellation Software Inc. declared a quarterly cash dividend of $1.00 per share, payable on July 11, 2025 to all common shareholders of record at close of business on June 20, 2025.
お知らせ • Apr 15Constellation Software Inc. to Report Q1, 2025 Results on May 12, 2025Constellation Software Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025
お知らせ • Mar 11Constellation Software Inc., Annual General Meeting, May 13, 2025Constellation Software Inc., Annual General Meeting, May 13, 2025.
お知らせ • Mar 08Constellation Software Inc. Declares Quarterly Dividend, Payable on April 15, 2025Constellation Software Inc. declared a $1.00 per share dividend payable on April 15, 2025 to all common shareholders of record at close of business on March 28, 2025.
お知らせ • Feb 12Constellation Software Inc. to Report Q4, 2024 Results on Mar 07, 2025Constellation Software Inc. announced that they will report Q4, 2024 results After-Market on Mar 07, 2025
Buy Or Sell Opportunity • Jan 05Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to €2,980. The fair value is estimated to be €3,767, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Buy Or Sell Opportunity • Nov 16Now 21% undervaluedOver the last 90 days, the stock has risen 4.8% to €2,975. The fair value is estimated to be €3,782, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: US$7.74 (vs US$8.35 in 3Q 2023)Third quarter 2024 results: EPS: US$7.74 (down from US$8.35 in 3Q 2023). Revenue: US$2.54b (up 20% from 3Q 2023). Net income: US$164.0m (down 7.3% from 3Q 2023). Profit margin: 6.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 09Constellation Software Inc. Declares Quarterly Cash Dividend, Payable on January 10, 2025Constellation Software Inc. declared a $1.00 per share dividend payable on January 10, 2025 to all common shareholders of record at close of business on December 20, 2024. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).
お知らせ • Oct 16Constellation Software Inc. to Report Q3, 2024 Results on Nov 08, 2024Constellation Software Inc. announced that they will report Q3, 2024 results After-Market on Nov 08, 2024
Recent Insider Transactions • Sep 18Insider recently sold €14m worth of stockOn the 12th of September, Robert Alfred Scotchmer sold around 5k shares on-market at roughly €2,831 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €157m more than they bought in the last 12 months.
Upcoming Dividend • Sep 13Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.1%).
Declared Dividend • Aug 16Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th September 2024 Payment date: 10th October 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 4%.
Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: US$8.35 (vs US$4.86 in 2Q 2023)Second quarter 2024 results: EPS: US$8.35 (up from US$4.86 in 2Q 2023). Revenue: US$2.47b (up 21% from 2Q 2023). Net income: US$177.0m (up 72% from 2Q 2023). Profit margin: 7.2% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Jul 16Constellation Software Inc. to Report Q2, 2024 Results on Aug 09, 2024Constellation Software Inc. announced that they will report Q2, 2024 results After-Market on Aug 09, 2024
お知らせ • Jun 25Constellation Software Inc. Announces Executive Appointments of OmegroConstellation Software Inc. announced that Kevin Bradley and Troy O’Connor have been named Omegro’s Co-CEOs responsible for capital generation and capital deployment respectively. Both Bradley and O’Connor have deep global experience managing software businesses across the wide spectrum of software solutions. Bradley has had an impressive career leading successful software businesses across multiple sectors including financial services, supply chain and FMCG. Having joined Constellation Software Inc. over a decade ago through acquisition and having acquired and grown multiple businesses along the way, Bradley is an expert on the best practices required to run a world-class software business. O’Connor’s career spans over 25 years in the software industry having started in consulting before spending 10+ years as a co-founder of a software business. He joined Constellation Software Inc. in 2017 via the acquisition of Smartrak, where he was the CEO. Smartrak remains an Omegro portfolio company today. During his time at Constellation Software, O’Connor has had senior roles across both operations and M&A that has included leading numerous acquisitions of Omegro portfolio companies.
Recent Insider Transactions • Jun 17Founder recently sold €9.1m worth of stockOn the 12th of June, Mark Leonard sold around 4k shares on-market at roughly €2,599 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €18m. Mark has been a net seller over the last 12 months, reducing personal holdings by €56m.
Upcoming Dividend • Jun 13Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 11 July 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.2%).
Recent Insider Transactions • May 31Director recently sold €7.6m worth of stockOn the 27th of May, Robin Van Poelje sold around 3k shares on-market at roughly €2,512 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €18m. Insiders have been net sellers, collectively disposing of €63m more than they bought in the last 12 months.
Declared Dividend • May 20First quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 20th June 2024 Payment date: 11th July 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 5%.
お知らせ • May 16Constellation Software Inc. Announces Several Changes to the Harris Executive Team, Effective June 1, 2024The Harris operating group of Constellation Software Inc. announced several changes to the Harris executive team which will go into effect June 1, 2024: Jeff Bender will take on the newly created role of Executive Chairman of Harris and will continue to oversee the Harris Operating Group on behalf of Constellation Software. Jeff will also continue as a Director of Constellation. As Executive Chairman of Harris, Jeff will continue to drive overall strategy, provide oversight on complex M&A transactions, and support the development of Harris' senior business leaders. Jean Soucy to be appointed as Harris Group CEO. Jean was previously the President of the Harris Public Sector group.
Reported Earnings • May 13First quarter 2024 earnings released: EPS: US$4.96 (vs US$4.44 in 1Q 2023)First quarter 2024 results: EPS: US$4.96 (up from US$4.44 in 1Q 2023). Revenue: US$2.35b (up 23% from 1Q 2023). Net income: US$105.0m (up 12% from 1Q 2023). Profit margin: 4.5% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2024Constellation Software Inc. declared a $1.00 per share quarterly dividend payable on July 11, 2024 to all common shareholders of record at close of business on June 20, 2024.
お知らせ • Apr 17Constellation Software Inc. to Report Q1, 2024 Results on May 10, 2024Constellation Software Inc. announced that they will report Q1, 2024 results After-Market on May 10, 2024
Recent Insider Transactions • Mar 28Founder recently sold €8.8m worth of stockOn the 22nd of March, Mark Leonard sold around 3k shares on-market at roughly €2,580 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €15m. Mark has been a net seller over the last 12 months, reducing personal holdings by €29m.
Upcoming Dividend • Mar 20Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.2%).
Recent Insider Transactions • Mar 18Founder recently sold €15m worth of stockOn the 14th of March, Mark Leonard sold around 6k shares on-market at roughly €2,557 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.
Declared Dividend • Mar 18Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.5%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 5%.
お知らせ • Mar 09Constellation Software Inc., Annual General Meeting, May 13, 2024Constellation Software Inc., Annual General Meeting, May 13, 2024.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: US$26.67 (vs US$24.16 in FY 2022)Full year 2023 results: EPS: US$26.67 (up from US$24.16 in FY 2022). Revenue: US$8.41b (up 27% from FY 2022). Net income: US$565.0m (up 10% from FY 2022). Profit margin: 6.7% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 07Constellation Software Inc. Declares Quarterly Dividend, Payable on April 15, 2024Constellation Software Inc. declared a $1.00 per share dividend payable on April 15, 2024 to all common shareholders of record at close of business on March 28, 2024.
Buy Or Sell Opportunity • Mar 07Now 20% undervaluedOver the last 90 days, the stock has risen 13% to €2,530. The fair value is estimated to be €3,164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
お知らせ • Feb 09Constellation Software Inc. announced that it expects to receive $1 billion in fundingConstellation Software Inc. announced private placement of 5.158% senior unsecured notes due 2029 for the gross proceeds of $500 million and 5.461% unsecured senior notes due 2034 for the gross proceeds of $500 million for the aggregate gross proceeds of $1,000 million on February 7, 2024. The notes will be senior unsecured obligations of the company and will rank equally in right of payment to all of the company’s existing and future senior unsecured indebtedness, including its amended and restated credit facility agreement announced on January 31, 2024. The notes will be guaranteed by certain subsidiaries of the company on the same basis as such subsidiaries have guaranteed the credit facility. The transaction is expected to close on February 16, 2024.
お知らせ • Jan 18Constellation Software Inc. to Report Q4, 2023 Results on Mar 06, 2024Constellation Software Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024
Buying Opportunity • Jan 02Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €2,820, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 38% in the next 2 years.
お知らせ • Dec 20Constellation Software Inc. Announces the Retirement of Dexter Salna as DirectorConstellation Software Inc. announced the retirement of Dexter Salna, effective December 31, 2023. Perseus is one of the six operating groups within CSI. Mr. Salna will continue to serve on the board of Perseus, along with Mark Leonard and Bernie Anzarouth. Mr. Salna will also continue as a member of the board of directors at CSI. Dexter was the chief executive and architect of Perseus and its predecessors. He founded the group with a 40 employee, Toronto-based acquisition, in early 2004. The group has completed more than 50 acquisitions, has over 4000 employees, and manages a half billion dollars of CSI's capital.
Upcoming Dividend • Dec 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 December 2023. Payment date: 11 January 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.6%).
New Risk • Nov 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (100% net debt to equity). Significant insider selling over the past 3 months (€2.1m sold).
お知らせ • Nov 11+ 1 more updateConstellation Software Inc. Announces Appointment of Lawrence Cunningham and Dexter Salna to the Board of DirectorsConstellation Software Inc. board of directors of Constellation announced the appointment of Lawrence Cunningham and Dexter Salna to the Company's Board of Directors. Lawrence A. Cunningham is the Managing Partner of the Quality Shareholders Group (a boutique investor relations consultancy) since 2017 and Special Counsel, Mayer Brown LLP, since January 2023. Mr. Cunningham served as the Henry St. George Tucker III Research Professor of Law at George Washington University from 2007 to 2022 (elected emeritus in 2022). He has served on several public, private, and non-profit boards. He currently is a Director of Markel Group (New York Stock Exchange) and of Kelly Partners Group (Australia Stock Exchange). Mr. Cunningham also is a Trustee of the Museum of American Finance; a member of the Dean's Council of Lerner College of Business at the University of Delaware; a member of the Editorial Board of Financial History; and a member of the Advisory Board for the Ben Graham Centre for Value Investing at Ivey Business School. Mr. Cunningham has written extensively on corporate affairs, including the best-selling book, The Essays of Warren Buffett. In 2018, he received the B. Kenneth West Lifetime Achievement Award from the National Association of Corporate Directors (NACD; in 2023, he delivered Delaware Law School's 37th Annual F.G. Pileggi Distinguished Lecture in Corporate Law. Dexter Salna joined Constellation in 1995 and is currently the Chairman of the Perseus operating group within Constellation and oversees its Romulus and Digital Marketing portfolios of software businesses. Prior to his current position, Mr. Salna held various senior executive positions within the Volaris operating group of Constellation.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: US$8.36 (vs US$6.42 in 3Q 2022)Third quarter 2023 results: EPS: US$8.36 (up from US$6.42 in 3Q 2022). Revenue: US$2.13b (up 23% from 3Q 2022). Net income: US$177.0m (up 30% from 3Q 2022). Profit margin: 8.3% (up from 7.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 18Constellation Software Inc. to Report Q3, 2023 Results on Nov 09, 2023Constellation Software Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023
Upcoming Dividend • Sep 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 September 2023. Payment date: 11 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: US$4.86 (vs US$5.95 in 2Q 2022)Second quarter 2023 results: EPS: US$4.86 (down from US$5.95 in 2Q 2022). Revenue: US$2.04b (up 26% from 2Q 2022). Net income: US$103.0m (down 18% from 2Q 2022). Profit margin: 5.1% (down from 7.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 12Constellation Software Inc. Declares Dividend, Payable on October 11, 2023Constellation Software Inc. declared a dividend of $1.00 per share, dividend payable on October 11, 2023 to all common shareholders of record at close of business on September 20, 2023.
お知らせ • Jul 21Constellation Software Inc. to Report Q2, 2023 Results on Aug 11, 2023Constellation Software Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 11, 2023
Upcoming Dividend • Jun 12Upcoming dividend of US$1.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).
Recent Insider Transactions • Jun 05Director recently sold €1.9m worth of stockOn the 1st of June, Barry Symons sold around 1k shares on-market at roughly €1,902 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months.
お知らせ • May 18Constellation Software Inc. Declares Dividend, Payable on July 11, 2023Constellation Software Inc. declared a $1.00 per share dividend payable on July 11, 2023 to all common shareholders of record at close of business on June 20, 2023.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: US$4.44 (vs US$4.62 in 1Q 2022)First quarter 2023 results: EPS: US$4.44 (down from US$4.62 in 1Q 2022). Revenue: US$1.92b (up 34% from 1Q 2022). Net income: US$94.0m (down 4.1% from 1Q 2022). Profit margin: 4.9% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: US$24.18 (vs US$14.63 in FY 2021)Full year 2022 results: EPS: US$24.18 (up from US$14.63 in FY 2021). Revenue: US$6.62b (up 30% from FY 2021). Net income: US$512.0m (up 65% from FY 2021). Profit margin: 7.7% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 02Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €1,986, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 5.6% in the next 2 years.
お知らせ • Feb 07Constellation Declares Special Dividend Payable on or About February 23, 2023Constellation announced that it has resolved to pay a special dividend (Dividend), pursuant to which all common shareholders of record on February 16, 2023 (Record Date) will be entitled to receive, by way of a dividend-in-kind, 3.0003833 subordinate voting shares of Lumine Group (the "Spin-Out Shares") for each common share of Constellation held. The payment date for the Dividend is expected to be on or about February 23, 2023. The common shares of Constellation will commence trading on an ex-dividend basis at the opening of markets on February 15, 2023.
Recent Insider Transactions • Feb 05Insider recently sold €481k worth of stockOn the 31st of January, Robert Alfred Scotchmer sold around 298 shares on-market at roughly €1,616 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €532k more than they bought in the last 12 months.
Buying Opportunity • Jan 11Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €1,929, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to decline by 0.9% in the next 2 years.
Upcoming Dividend • Dec 12Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 11 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.9%).
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: US$6.42 (vs US$5.05 in 3Q 2021)Third quarter 2022 results: EPS: US$6.42 (up from US$5.05 in 3Q 2021). Revenue: US$1.73b (up 33% from 3Q 2021). Net income: US$136.0m (up 27% from 3Q 2021). Profit margin: 7.9% (down from 8.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 05Constellation Software Inc. Declares Quarterly Dividend, Payable on January 11, 2023Constellation Software Inc. declared a $1.00 per share dividend payable on January 11, 2023 to all common shareholders of record at close of business on December 20, 2022.
お知らせ • Oct 18Constellation Software Inc. to Report Q3, 2022 Results on Nov 04, 2022Constellation Software Inc. announced that they will report Q3, 2022 results After-Market on Nov 04, 2022
Recent Insider Transactions • Sep 24Independent Vice Chairman of the Board recently bought €58k worth of stockOn the 22nd of September, Lawrence Cunningham bought around 40.0 shares on-market at roughly €1,450 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €151k. Lawrence has been a buyer over the last 12 months, purchasing a net total of €209k worth in shares.
Upcoming Dividend • Sep 12Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%).
Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: US$5.94 (vs US$4.15 in 2Q 2021)Second quarter 2022 results: EPS: US$5.94 (up from US$4.15 in 2Q 2021). Revenue: US$1.62b (up 30% from 2Q 2021). Net income: US$126.0m (up 43% from 2Q 2021). Profit margin: 7.8% (up from 7.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 05Constellation Software Inc. Declares Quarterly Dividend, Payable on October 11, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on October 11, 2022 to all common shareholders of record at close of business on September 20, 2022.
お知らせ • Jul 18Constellation Software Inc. to Report Q2, 2022 Results on Aug 04, 2022Constellation Software Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022
Upcoming Dividend • Jun 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 11 July 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.0%).
Recent Insider Transactions • May 26Chief Financial Officer recently sold €292k worth of stockOn the 20th of May, Jamal Baksh sold around 200 shares on-market at roughly €1,462 per share. This was the largest sale by an insider in the last 3 months. Jamal has been a seller over the last 12 months, reducing personal holdings by €497k.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$4.63 (vs US$0.42 loss in 1Q 2021)First quarter 2022 results: EPS: US$4.63 (up from US$0.42 loss in 1Q 2021). Revenue: US$1.43b (up 22% from 1Q 2021). Net income: US$98.0m (up US$107.0m from 1Q 2021). Profit margin: 6.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 21%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • May 05Constellation Software Inc. Declares Quarterly Dividend, Payable on July 11, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on July 11, 2022 to all common shareholders of record at close of business on June 20, 2022.
お知らせ • Apr 19Constellation Software Inc. to Report Q1, 2022 Results on May 04, 2022Constellation Software Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022
Upcoming Dividend • Mar 08Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 12 April 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.9%).
お知らせ • Feb 26Constellation Software Inc., Annual General Meeting, May 05, 2022Constellation Software Inc., Annual General Meeting, May 05, 2022.
お知らせ • Feb 11Constellation Software Inc. Declares Quarterly Dividend, Payable on April 12, 2022Constellation Software Inc. declared a $1.00 per share dividend payable on April 12, 2022 to all common shareholders of record at close of business on March 16, 2022.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$14.65 (down from US$20.57 in FY 2020). Revenue: US$5.11b (up 29% from FY 2020). Net income: US$310.0m (down 29% from FY 2020). Profit margin: 6.1% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Buying Opportunity • Jan 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be US$1,805, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Upcoming Dividend • Dec 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 11 January 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (1.5%).
お知らせ • Nov 27Constellation Software Inc. Announces Formation of Venture Capital Fund and Management ChangesConstellation Software Inc. announced the creation of a two hundred-million-dollar venture capital fund (‘VMS Ventures’, or ‘the Fund’). The Fund will provide financing for start-up and rapidly growing vertical market software businesses, most of which will have been either incubated or identified by a sponsoring Constellation business unit. While Constellation regularly invests in dozens of small initiatives and will continue to do so, VMS Ventures will invest in larger initiatives and take a different approach: The Managing Partner of the Fund will be Daan Dijkhuizen. In addition to managing the Fund, he will continue to be the CEO of the Topicus Operating Group (‘TOG’) within Topicus.com, but will resign his role as CEO of Topicus.com. Robin van Poelje will take on the role of the CEO Of Topicus.com in addition to his current position as Chairman.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$5.04 (vs US$5.76 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$1.30b (up 30% from 3Q 2020). Net income: US$107.0m (down 12% from 3Q 2020). Profit margin: 8.2% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 09Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 16 September 2021. Payment date: 08 October 2021. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.4%).
Recent Insider Transactions • Aug 25Insider recently sold €2.8m worth of stockOn the 18th of August, Brian Beattie sold around 2k shares on-market at roughly €1,420 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 15Chief Financial Officer recently sold €84k worth of stockOn the 12th of August, Jamal Baksh sold around 60.0 shares on-market at roughly €1,398 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.4m. Jamal has been a seller over the last 12 months, reducing personal holdings by €204k.
Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS US$4.15 (vs US$3.92 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$1.25b (up 36% from 2Q 2020). Net income: US$88.0m (up 6.0% from 2Q 2020). Profit margin: 7.0% (down from 9.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jun 12Director recently sold €1.2m worth of stockOn the 10th of June, John Billowits sold around 1k shares on-market at roughly €1,207 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.4m. Insiders have been net sellers, collectively disposing of €9.9m more than they bought in the last 12 months.
Upcoming Dividend • Jun 10Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 10 July 2021. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).