Oct 13 close Sign in

Software & devices

Constellation Software (CSU)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold54 / 100

Hold: 54 is between your Sell line (40) and Buy line (60). Trend (+12% vs 200-day) scores 75 and lifts it; Off the high (−22% from its 1-year high) scores 27 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightCSUPointsWeightAdds
Plays in59%594023.6
Off the high−22% from its 1-year high27308.1
Trend+12% vs 200-day753022.5
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for CSU
FactorCSUPointsWhat it is
Plays in59%59The share of the plays you count that hold it now.
Analysts' upside+30% · 12 analysts72How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating1.5 · buy75The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E49.4×18Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E16.4×49Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG0.4888P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales3.6×50Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book11.1×16Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield0.2%5Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth+389%96Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth+17%57Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin8%42Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity23%75Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity1.20×23Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−22% from its 1-year high27How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend+12% vs 200-day75How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−21%16The price change over the last 12 months. Higher ranks higher.
Low crash exposure1/10 · low90The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on CSU

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in59 / 100Every play Be The Puck tests, in 7 families.
Crash exposureLow1 of 10 on the storm testMayer Multiple1.12×Price ÷ its 200-day average (+12%). Higher than on 47% of days since 2008. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about CSU now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved CSU lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Thu Oct 1+2.8% against the S&P/TSX1.0× a normal day

CSU +2.6%, the S&P/TSX −0.2% that session; +0.8% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on CSU was found for this session. Be The Puck's headline archive for CSU starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.2%. The 33 other Software & devices stocks Be The Puck covers moved +1.8% on average: much of the move was shared with its group.

Mon Sep 14+4.7% against the S&P/TSX1.5× a normal day

CSU +4.7%, the S&P/TSX +0.0% that session; +0.3% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on CSU was found for this session. Be The Puck's headline archive for CSU starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved +0.0%. The 33 other Software & devices stocks Be The Puck covers moved +2.3% on average, so most of the move was its own.

Tue Sep 8−4.6% against the S&P/TSX1.5× a normal day

CSU −5.6%, the S&P/TSX −1.1% that session; +0.1% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on CSU was found for this session. Be The Puck's headline archive for CSU starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 33 other Software & devices stocks Be The Puck covers moved −1.7% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on CSU

All 100 plays, by family.

Calls right: how often the play's calls on CSU went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2007. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyINOct 9, 2026 +3.0%Exit below C$2,937.51 (−5.0%)26% 133/512+16.6% / +30.9%−32.9% / −56.4%
Bull Market Support BandBenjamin Cowen · weeklyINOct 2, 2026 +3.8%Exit below C$2,911.34 (−5.9%)29% 20/70+23.5% / +31.0%−28.5% / −56.4%
Ripster EMA CloudRipster · dailyINOct 9, 2026 +3.0%Exit below C$2,929.37 (−5.3%)20% 59/295+17.6% / +32.0%−35.1% / −56.4%
Trend TemplateMark Minervini · dailyOUTJun 19, 2025 −36.3%Enter above C$11,876 (+283.9%)17% 40/242+12.7% / +33.2%−46.7% / −56.4%
Stage AnalysisStan Weinstein · weeklyINAug 21, 2026 +1.8%Exit below C$2,789.12 (−9.8%)29% 12/42+24.4% / +30.7%−23.2% / −56.4%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTJul 11, 2025 −36.6%Enter above C$3,175.70 (+2.7%)26% 19/74+21.7% / +33.2%−29.2% / −56.4%
10-Month SMAMeb Faber · month-endINJul 31, 2026 +3.1%Exit below C$2,717.61 (−12.1%)39% 7/18+29.3% / +31.4%−25.5% / −56.4%
200-Day RulePaul Tudor Jones · dailyINSep 24, 2026 +8.7%Exit below C$2,763.57 (−10.7%)19% 14/74+26.5% / +30.9%−28.8% / −56.4%
Golden CrossMarket tradition · dailyINAug 7, 2026 −3.9%Not on one close50% 6/12+28.0% / +30.9%−24.8% / −56.4%
Granville 200-DayJoseph E. Granville · dailyOUTAug 12, 2025 −33.8%Enter above C$11,332 (+266.3%)16% 10/61+26.7% / +31.1%−27.9% / −56.4%
Hull Moving AverageAlan Hull · weeklyOUTSep 11, 2026 +9.4%Enter above C$3,057.64 (−1.2%)30% 39/129+13.1% / +31.7%−49.9% / −56.4%
Kaufman Adaptive MAPerry J. Kaufman · dailyINOct 9, 2026 +3.0%Exit below C$2,963.63 (−4.2%)25% 154/614+17.4% / +30.9%−39.9% / −56.4%
TEMA CrossoverPatrick G. Mulloy · dailyINOct 5, 2026 +3.6%Exit below C$2,623.66 (−15.2%)29% 70/238+8.3% / +31.1%−51.3% / −56.4%
Seykota 15/150Ed Seykota · dailyOUTSep 22, 2025 −26.2%Enter above C$6,552.68 (+111.8%)29% 2/7+32.0% / +32.3%−28.5% / −56.4%
Guppy Multiple MAsDaryl Guppy · dailyINOct 13, 2026 0.0%Exit below C$2,784.37 (−10.0%)23% 26/111+20.1% / +32.1%−31.7% / −56.4%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 9, 2026 +10.5%Enter above C$3,102.18 (+0.3%)26% 23/90+19.1% / +31.5%−29.8% / −56.4%
SupertrendOlivier Seban · dailyINOct 13, 2026 0.0%Exit below C$2,757.97 (−10.8%)40% 49/121+19.3% / +31.2%−29.7% / −56.4%
Williams AlligatorBill Williams · dailyINOct 13, 2026 0.0%Not on one close42% 113/269+17.8% / +31.2%−32.2% / −56.4%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINSep 29, 2026 +6.8%Exit below C$2,454.39 (−20.7%)38% 180/477+17.2% / +31.0%−38.2% / −56.4%
AroonTushar S. Chande · dailyINOct 13, 2026 0.0%Exit below C$2,712.56 (−12.3%)36% 67/185+17.5% / +31.1%−29.1% / −56.4%
Parabolic SARJ. Welles Wilder Jr. · dailyINOct 13, 2026 0.0%Exit below C$2,875.83 (−7.0%)43% 170/399+18.4% / +30.9%−43.0% / −56.4%
ADX TrendJ. Welles Wilder Jr. · dailyOUTJun 23, 2026 +10.9%Not on one close35% 54/153+12.6% / +30.9%−23.6% / −56.4%
MACD Zero LineGerald Appel · dailyINOct 9, 2026 +3.0%Exit below C$2,754.28 (−11.0%)25% 40/157+18.2% / +31.5%−36.8% / −56.4%
Zweig 4% ModelMartin Zweig · weeklyINOct 2, 2026 +3.8%Exit below C$2,883.62 (−6.8%)37% 55/149+18.9% / +31.2%−29.5% / −56.4%
MAMA/FAMA CrossJohn F. Ehlers · dailyINOct 2, 2026 +3.8%Exit below C$1,965.64 (−36.5%)30% 57/187+19.8% / +31.5%−33.8% / −56.4%
Schaff Trend CycleDoug Schaff · dailyINJul 28, 2026 +2.5%Not on one close36% 74/203+16.7% / +31.1%−26.1% / −56.4%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyINOct 6, 2026 +4.8%Exit below C$2,754.47 (−11.0%)27% 32/117+14.2% / +32.0%−34.5% / −56.4%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyINOct 13, 2026 0.0%Exit below C$2,788.71 (−9.8%)31% 20/65+22.5% / +32.0%−38.5% / −56.4%
Elder Triple ScreenAlexander Elder · dailyINOct 9, 2026 +3.0%Exit below C$2,870.39 (−7.2%)29% 50/173+3.6% / +31.2%−30.7% / −56.4%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTFeb 13, 2024 −13.8%Not on one close33% 14/42+1.9% / +31.5%−10.4% / −56.4%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 8, 2026 +8.4%Enter above C$3,143.30 (+1.6%)36% 36/100+18.4% / +31.2%−36.0% / −56.4%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTSep 8, 2026 +8.4%Enter above C$3,341.08 (+8.0%)29% 37/128+10.6% / +31.3%−29.7% / −56.4%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTSep 8, 2026 +8.4%Enter above C$3,341.08 (+8.0%)33% 26/78+16.0% / +31.3%−29.6% / −56.4%
Clenow TrendAndreas F. Clenow · dailyOUTSep 8, 2026 +8.4%Enter above C$3,302.74 (+6.8%)31% 31/100+14.1% / +32.0%−25.9% / −56.4%
Darvas BoxNicolas Darvas · dailyINOct 13, 2026 0.0%Exit below C$2,712.56 (−12.3%)38% 34/89+16.8% / +31.2%−23.3% / −56.4%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTAug 17, 2026 +3.5%Enter above C$3,161.35 (+2.2%)34% 49/145+10.0% / +30.9%−24.7% / −56.4%
Bollinger BreakoutJohn Bollinger · dailyINOct 13, 2026 0.0%Exit below C$2,895.66 (−6.4%)34% 69/205+10.3% / +31.2%−24.4% / −56.4%
Chandelier ExitChuck LeBeau · dailyINOct 9, 2026 +3.0%Exit below C$2,820.12 (−8.8%)40% 62/155+18.6% / +31.1%−24.0% / −56.4%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyINOct 13, 2026 0.0%Exit below C$2,774.63 (−10.3%)39% 59/151+17.7% / +31.2%−29.8% / −56.4%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyINOct 1, 2026 +4.2%Exit below C$2,865.97 (−7.3%)40% 17/43+27.0% / +32.1%−33.4% / −56.4%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyINOct 9, 2026 +3.0%Exit below C$2,838.46 (−8.2%)25% 78/314+13.0% / +30.8%−37.2% / −56.4%
Acceleration BandsPrice Headley · dailyOUTAug 11, 2026 −3.9%Not on one close29% 54/184+6.2% / +31.2%−17.3% / −56.4%
TTM SqueezeJohn F. Carter · dailyINOct 13, 2026 0.0%Exit below C$2,100.88 (−32.1%)32% 43/133+1.2% / +30.9%−32.1% / −56.4%
NR7 BreakoutToby Crabel · dailyINOct 9, 2026 +3.0%Exit below C$2,883.78 (−6.8%)36% 188/517+17.8% / +31.0%−28.7% / −56.4%
Bollinger SqueezeJohn Bollinger · dailyOUTAug 1, 2024 −25.7%Not on one close40% 12/30+5.4% / +31.2%−10.4% / −56.4%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTAug 29, 2025 −31.9%Enter above C$3,819.68 (+23.5%)50% 3/6+34.0% / +32.6%−26.1% / −56.4%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTOct 31, 2025 −16.0%Not on one close69% 9/13+33.0% / +32.6%−33.3% / −56.4%
Dual MomentumGary Antonacci · month-endOUTJul 31, 2025 −35.1%Enter above C$4,247.25 (+37.3%)29% 4/14+28.8% / +32.6%−26.1% / −56.4%
Stocks on the MoveAndreas F. Clenow · dailyINSep 29, 2026 +6.8%Exit below C$2,907.00 (−6.0%)26% 31/119+20.4% / +32.0%−28.2% / −56.4%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTSep 30, 2025 −18.0%Enter above C$3,398.78 (+9.9%)50% 5/10+28.2% / +32.2%−29.3% / −56.4%
Levy Relative StrengthRobert A. Levy · weeklyINOct 2, 2026 +3.8%Exit below C$2,951.81 (−4.6%)25% 28/111+16.4% / +32.1%−29.4% / −56.4%
MACD Signal CrossGerald Appel · dailyINSep 28, 2026 +8.2%Exit below C$2,676.26 (−13.5%)36% 134/377+15.8% / +31.5%−36.6% / −56.4%
Elder ImpulseAlexander Elder · dailyINOct 9, 2026 +3.0%Exit below C$2,949.97 (−4.6%)29% 185/633+15.2% / +31.5%−42.8% / −56.4%
Know Sure ThingMartin J. Pring · dailyINOct 2, 2026 +3.8%Exit below C$1,675.20 (−45.8%)40% 103/259+14.5% / +31.3%−30.4% / −56.4%
Coppock CurveEdwin S. C. Coppock · month-endINAug 31, 2026 −1.4%Exit below C$2,332.50 (−24.6%)0% 0/1+1.4% / +32.0%−12.1% / −56.4%
CCI +100Donald R. Lambert · dailyINOct 13, 2026 0.0%Exit below C$2,967.24 (−4.1%)28% 168/599+6.2% / +31.2%−30.8% / −56.4%
TRIX Signal CrossJack K. Hutson · dailyINOct 2, 2026 +3.8%Exit below C$1,522.47 (−50.8%)34% 80/233+9.7% / +32.0%−44.1% / −56.4%
TSI Zero LineWilliam Blau · dailyINOct 9, 2026 +3.0%Exit below C$2,759.55 (−10.8%)25% 39/153+18.6% / +32.0%−34.4% / −56.4%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 +6.9%Enter above C$2,896.83 (−6.4%)33% 14/42+27.2% / +32.6%−27.6% / −56.4%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTOct 31, 2025 −16.0%Not on one close58% 7/12+31.7% / +32.3%−33.3% / −56.4%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTOct 31, 2025 −16.0%Not on one close48% 12/25+25.3% / +32.6%−33.3% / −56.4%
PMO Signal CrossCarl Swenlin · dailyINOct 1, 2026 +4.2%Exit below C$2,634.16 (−14.8%)32% 89/282+12.0% / +31.1%−42.4% / −56.4%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTJun 11, 2026 +1.3%Not on one close67% 20/30+8.2% / +31.3%−50.9% / −56.4%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 14, 2026 +4.6%Not on one close59% 175/298+5.1% / +30.9%−34.7% / −56.4%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 24, 2026 +8.7%Buy C$2,763.57–C$2,901.99 (−6.2%)61% 235/384+9.8% / +30.9%−34.1% / −56.4%
Bollinger ReversionJohn Bollinger · dailyOUTSep 29, 2026 +6.8%Buy below C$2,704.54 (−12.6%)55% 73/132+3.4% / +31.2%−35.9% / −56.4%
Stochastic 20/80George C. Lane · dailyINSep 11, 2026 +9.4%Not on one close62% 75/121+10.1% / +31.3%−45.6% / −56.4%
Williams %RLarry Williams · dailyINSep 11, 2026 +9.4%Exit below C$3,065.50 (−0.9%)62% 139/223+10.5% / +31.0%−53.6% / −56.4%
DeMark 9-CountTom DeMark · dailyOUTAug 7, 2026 −3.9%Not on one close74% 49/66+18.7% / +30.6%−19.6% / −56.4%
Mayer MultipleTrace Mayer · dailyINAug 11, 2008 +12,988.7%Sell above C$6,679.54 (+115.9%)–+30.9% / +30.9%−56.4% / −56.4%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTMar 31, 2026 +26.8%Buy below C$1,914.15 (−38.1%)44% 8/18+1.8% / +31.1%−11.8% / −56.4%
Laguerre RSIJohn F. Ehlers · dailyOUTOct 9, 2026 +3.0%Not on one close47% 122/260+11.4% / +30.9%−53.1% / −56.4%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTOct 6, 2026 +4.8%Not on one close53% 200/378+14.6% / +30.9%−43.8% / −56.4%
IBS ReversionAlexander S. Pagonidis · dailyOUTSep 22, 2026 +11.7%Buy below C$3,093.26 (0.0%)57% 906/1588+11.1% / +30.6%−38.6% / −56.4%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTOct 1, 2026 +4.2%Not on one close60% 55/92+5.2% / +30.9%−53.8% / −56.4%
Fisher TransformJohn F. Ehlers · dailyINOct 13, 2026 0.0%Exit below C$2,920.51 (−5.6%)37% 334/907+10.1% / +31.5%−64.5% / −56.4%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINSep 30, 2026 +6.9%Sell above C$2,953.11 (−4.5%)58% 69/118+13.6% / +30.9%−55.2% / −56.4%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINSep 24, 2026 +8.7%Not on one close25% 148/581+7.7% / +31.2%−53.1% / −56.4%
Chaikin Money FlowMarc Chaikin · dailyINSep 28, 2026 +8.2%Not on one close38% 61/159+12.4% / +31.2%−37.1% / −56.4%
Money Flow IndexGene Quong & Avrum Soudack · dailyINMar 30, 2026 +29.7%Exit below C$3,071.91 (−0.7%)60% 32/53+11.6% / +31.3%−34.0% / −56.4%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyINApr 20, 2026 +16.3%Exit below C$2,857.79 (−7.6%)41% 23/56+31.7% / +32.5%−37.5% / −56.4%
Force IndexAlexander Elder · dailyINSep 24, 2026 +8.7%Exit below C$2,931.11 (−5.2%)28% 160/576+15.7% / +30.9%−48.2% / −56.4%
Buff AveragesBuff Dormeier · dailyINSep 30, 2026 +6.9%Exit below C$2,445.40 (−20.9%)38% 106/277+20.1% / +31.2%−38.5% / −56.4%
Chaikin OscillatorMarc Chaikin · dailyINOct 9, 2026 +3.0%Not on one close32% 139/439+10.2% / +31.2%−39.2% / −56.4%
Volume Flow IndicatorMarkos Katsanos · dailyINSep 25, 2026 +7.7%Not on one close36% 24/66+27.6% / +32.6%−33.6% / −56.4%
Klinger OscillatorStephen J. Klinger · dailyINSep 23, 2026 +11.1%Not on one close34% 251/746+5.0% / +32.0%−62.3% / −56.4%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINOct 9, 2026 +3.0%Exit below C$3,000.47 (−3.0%)42% 51/121+7.7% / +30.7%−41.6% / −56.4%
HikkakeDaniel L. Chesler · dailyOUTJul 15, 2026 +15.8%Not on one close33% 29/88+13.2% / +30.5%−23.0% / −56.4%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTJul 31, 2025 −35.1%Not on one close29% 10/34+1.8% / +31.2%−14.8% / −56.4%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 +25.2%Buys Oct 3047% 18/38+17.7% / +30.6%−38.8% / −56.4%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 9, 2026 +31.2%Not on one close55% 21/38+20.1% / +31.5%−50.0% / −56.4%
Seasonal TimingSy Harding · dailyOUTApr 27, 2026 +26.8%Window opens Oct 1655% 21/38+21.9% / +31.5%−42.7% / −56.4%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −3.4%Buys Dec 2329% 11/38+0.6% / +30.6%−21.5% / −56.4%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 +3.6%Buys Oct 2947% 213/456+5.6% / +30.6%−20.2% / −56.4%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 +6.9%Sells Jun 3044% 4/9+11.4% / +30.6%−17.2% / −56.4%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 +2.3%Buys Nov 2443% 145/338+2.6% / +30.6%−9.8% / −56.4%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +47.2%Not on one close28% 5/18+15.3% / +30.9%−56.4% / −56.4%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1648% 957/1979+16.6% / +30.6%−54.0% / −56.4%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +9.1%Buys Oct 2743% 129/302+0.5% / +30.6%−18.0% / −56.4%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +3.8%Sells Oct 1651% 240/469+12.5% / +30.6%−50.1% / −56.4%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINOct 25, 2007Always in–+30.7%−56.4%

If the market cracks: the storm test

How the storm test works
ExposureLow1 of 10 points
  • Market swings0/3
  • Past crashes0/2
  • Debt1/3
  • Run-up0/2
  • It carries 1.6× as much debt as equity.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high May 2020

CSU−21%
TSX−37%

2022 bear market Jan 2022 to Jun 2022 · back to its old high Jan 2023

CSU−23%
TSX−14%
  • Beta0.94Moves about 0.9× as much as the TSX week to week.
  • Downside capture67%In months the TSX fell, this fell 67% as much on average.
  • Two-year change−30%
  • From 52-week high−22%
  • Debt to equity1.63×
  • Net debt / EBITDA1.3×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover4.7×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Software - Application · 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.

Size and valuation
Market capC$65.6BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$12.6BTotal sales.
P/E ratio49.4×Buyers pay C$49 for each C$1 of the last year's profit.
Forward P/E16.4×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book11.1×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin7.6%Keeps 8¢ of each dollar of sales as profit.
Revenue growth+17.3%Last quarter's sales against the same quarter a year earlier.
Earnings growth+389.3%Same comparison for profit.
Return on equity23.3%Yearly profit as a share of shareholders' money in the business.
Free cash flow$2.8BCash left after running and investing in the business.
Balance sheet
Total equity$3.6BWhat it owns minus what it owes.
Total debt$5.8BLoans and bonds it has to pay back, with interest.
Cash$2.9BCash and short-term investments on hand.
Debt to equity1.63×Above about 1.5× is heavily borrowed; above 3× is fragile in a downturn.
Interest cover4.7×Interest is easily paid from profit.
Wall Street
Average analyst targetC$4,026.4430% above the close, from 12 analysts (range C$3,368.66 to C$5,614.03).
Consensus ratingStrong buyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield0.19%Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Read more

Reports for Be The Puck Members.

Email meTest a theory

Free account

Know the moment the light flips on your stocks.

Follow your stocks and get an email with the analysis the evening a light flips. Member tools are free until January 1, 2027.