Constellation Software Inc. (CSU) - Net Assets
Based on the latest financial reports, Constellation Software Inc. (CSU) has net assets worth CA$4.10 Billion CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.33 Billion) and total liabilities (CA$11.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.10 Billion |
| % of Total Assets | 26.77% |
| Annual Growth Rate | 24.3% |
| 5-Year Change | 213.55% |
| 10-Year Change | 871.69% |
| Growth Volatility | 29.03 |
Constellation Software Inc. - Net Assets Trend (2004–2024)
This chart illustrates how Constellation Software Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Constellation Software Inc. (2004–2024)
The table below shows the annual net assets of Constellation Software Inc. from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.29 Billion | +68.78% |
| 2023-12-31 | CA$1.95 Billion | +0.72% |
| 2022-12-31 | CA$1.93 Billion | +27.17% |
| 2021-12-31 | CA$1.52 Billion | +45.04% |
| 2020-12-31 | CA$1.05 Billion | +52.55% |
| 2019-12-31 | CA$687.00 Million | -20.68% |
| 2018-12-31 | CA$866.10 Million | +43.38% |
| 2017-12-31 | CA$604.08 Million | +32.04% |
| 2016-12-31 | CA$457.51 Million | +35.29% |
| 2015-12-31 | CA$338.18 Million | +30.15% |
| 2014-12-31 | CA$259.83 Million | -2.32% |
| 2013-12-31 | CA$266.00 Million | +3.04% |
| 2012-12-31 | CA$258.16 Million | +0.58% |
| 2011-12-31 | CA$256.67 Million | +80.62% |
| 2010-12-31 | CA$142.10 Million | +31.16% |
| 2009-12-31 | CA$108.34 Million | -2.35% |
| 2008-12-31 | CA$110.95 Million | +24.66% |
| 2007-12-31 | CA$89.00 Million | +9.97% |
| 2006-12-31 | CA$80.93 Million | +0.66% |
| 2005-12-31 | CA$80.40 Million | +89.64% |
| 2004-12-31 | CA$42.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Constellation Software Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 292910869500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$2.92 Billion | 104.44% |
| Common Stock | CA$98.94 Million | 3.54% |
| Other Comprehensive Income | CA$-222.87 Million | -7.98% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$2.79 Billion | 100.00% |
Constellation Software Inc. Competitors by Market Cap
The table below lists competitors of Constellation Software Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
$40.27 Billion |
|
Legrand SA
PA:LR
|
$40.29 Billion |
|
MSCI Inc
NYSE:MSCI
|
$40.30 Billion |
|
Ventas Inc
NYSE:VTR
|
$40.42 Billion |
|
KB Financial Group Inc
NYSE:KB
|
$40.23 Billion |
|
Wanhua Chemical Group Co Ltd
SHG:600309
|
$40.21 Billion |
|
Lumentum Holdings Inc
NASDAQ:LITE
|
$40.18 Billion |
|
Franco-Nevada Corporation
NYSE:FNV
|
$40.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Constellation Software Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,862,507,520 to 2,793,337,478, a change of 930,829,958 (50.0%).
- Net income of 731,000,000 contributed positively to equity growth.
- Dividend payments of 80,918,835 reduced retained earnings.
- Other comprehensive income decreased equity by 124,579,379.
- Other factors increased equity by 405,328,172.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$731.00 Million | +26.17% |
| Dividends Paid | CA$80.92 Million | -2.9% |
| Other Comprehensive Income | CA$-124.58 Million | -4.46% |
| Other Changes | CA$405.33 Million | +14.51% |
| Total Change | CA$- | 49.98% |
Book Value vs Market Value Analysis
This analysis compares Constellation Software Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 19.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1232.27x to 19.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$2.13 | CA$2626.45 | x |
| 2005-12-31 | CA$3.94 | CA$2626.45 | x |
| 2006-12-31 | CA$3.89 | CA$2626.45 | x |
| 2007-12-31 | CA$4.20 | CA$2626.45 | x |
| 2008-12-31 | CA$5.24 | CA$2626.45 | x |
| 2009-12-31 | CA$5.11 | CA$2626.45 | x |
| 2010-12-31 | CA$6.71 | CA$2626.45 | x |
| 2011-12-31 | CA$12.11 | CA$2626.45 | x |
| 2012-12-31 | CA$12.18 | CA$2626.45 | x |
| 2013-12-31 | CA$12.55 | CA$2626.45 | x |
| 2014-12-31 | CA$12.26 | CA$2626.45 | x |
| 2015-12-31 | CA$15.96 | CA$2626.45 | x |
| 2016-12-31 | CA$21.59 | CA$2626.45 | x |
| 2017-12-31 | CA$28.51 | CA$2626.45 | x |
| 2018-12-31 | CA$40.87 | CA$2626.45 | x |
| 2019-12-31 | CA$32.42 | CA$2626.45 | x |
| 2020-12-31 | CA$49.45 | CA$2626.45 | x |
| 2021-12-31 | CA$50.02 | CA$2626.45 | x |
| 2022-12-31 | CA$80.79 | CA$2626.45 | x |
| 2023-12-31 | CA$87.89 | CA$2626.45 | x |
| 2024-12-31 | CA$131.81 | CA$2626.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Constellation Software Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.26%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 4.60x
- Recent ROE (26.17%) is below the historical average (29.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 4.87% | 1.89% | 0.90x | 2.86x | CA$-2.17 Million |
| 2005 | 0.65% | 0.32% | 0.95x | 2.16x | CA$-7.52 Million |
| 2006 | -1.53% | -0.59% | 1.12x | 2.33x | CA$-9.33 Million |
| 2007 | 12.48% | 4.57% | 0.90x | 3.03x | CA$2.21 Million |
| 2008 | 13.51% | 4.54% | 0.75x | 3.96x | CA$3.90 Million |
| 2009 | 9.44% | 2.33% | 0.91x | 4.43x | CA$-610.45K |
| 2010 | 21.12% | 4.76% | 1.19x | 3.75x | CA$15.81 Million |
| 2011 | 61.24% | 20.32% | 1.22x | 2.46x | CA$131.51 Million |
| 2012 | 35.88% | 10.39% | 1.10x | 3.14x | CA$66.82 Million |
| 2013 | 35.01% | 7.69% | 0.79x | 5.78x | CA$66.54 Million |
| 2014 | 39.68% | 6.18% | 1.16x | 5.52x | CA$77.11 Million |
| 2015 | 52.41% | 9.64% | 1.12x | 4.86x | CA$143.43 Million |
| 2016 | 45.20% | 9.73% | 1.13x | 4.12x | CA$161.03 Million |
| 2017 | 36.73% | 8.95% | 1.08x | 3.79x | CA$161.49 Million |
| 2018 | 43.76% | 12.39% | 1.04x | 3.39x | CA$292.39 Million |
| 2019 | 48.47% | 9.54% | 1.00x | 5.08x | CA$264.30 Million |
| 2020 | 41.60% | 10.99% | 0.91x | 4.17x | CA$331.20 Million |
| 2021 | 29.25% | 6.07% | 0.89x | 5.44x | CA$204.00 Million |
| 2022 | 29.91% | 7.73% | 0.84x | 4.60x | CA$340.80 Million |
| 2023 | 30.34% | 6.72% | 0.78x | 5.79x | CA$378.75 Million |
| 2024 | 26.17% | 7.26% | 0.78x | 4.60x | CA$451.67 Million |
Industry Comparison
This section compares Constellation Software Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $14,087,792
- Average return on equity (ROE) among peers: -100.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Constellation Software Inc. (CSU) | CA$4.10 Billion | 4.87% | 2.74x | $40.26 Billion |
| Abaxx Technologies Inc (ABXX) | $10.80 Million | -157.61% | 0.30x | $1.30 Billion |
| AnalytixInsight Inc (ALY) | $457.86K | -672.85% | 3.03x | $2.20 Million |
| Steer Technologies Inc. (ARGH) | $2.15 Million | 42.56% | 10.94x | $47.18 Million |
| Agereh Technologies Inc (AUTO) | $-5.56 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $382.84K | -112.58% | 1.94x | $9.44 Million |
| Blackline Safety Corp (BLN) | $73.34 Million | -45.41% | 0.49x | $558.29 Million |
| BLUERUSH Media Group Corp (BTV) | $-4.28 Million | 0.00% | 0.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-6.07 Million | 0.00% | 0.00x | $2.29 Million |
| Computer Modelling Group Ltd. (CMG) | $55.56 Million | 37.45% | 0.76x | $235.97 Million |
About Constellation Software Inc.
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 t… Read more