Valuation The Descartes Systems Group Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 02:30:00 15/01/2026 am IST			After hours 05:29:39 am
120.04 ^CAD	-1.65%		120.04	0.00%

13/01	Descartes Systems Expands Latin America Presence With Supergasbras Logistics Deployment	MT
12/01	Barclays Upgrades Descartes Systems Group to Overweight From Equalweight, Adjusts Price Target to CA$145.88 From CA$106	MT

Data adjusted to current consolidation scope

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	5,155	6,151	6,175	7,486	9,943	7,439	-	-
Change	-	19.33%	0.4%	21.22%	32.82%	-25.18%	-	-
Enterprise Value (EV) ¹	5,021	5,937	5,899	7,165	9,707	7,094	6,927	6,660
Change	-	18.25%	-0.65%	21.46%	35.48%	-26.92%	-2.35%	-3.86%
P/E ratio	100x	72.7x	61.7x	65.7x	70.9x	47x	39.4x	33.2x
PBR	-	-	-	-	-	4.64x	4.09x	3.61x
PEG	-	1.1x	3.4x	4.8x	3.2x	3.8x	2x	1.8x
Capitalization / Revenue	14.8x	14.5x	12.7x	13.1x	15.3x	10.3x	9.27x	8.37x
EV / Revenue	14.4x	14x	12.1x	12.5x	14.9x	9.79x	8.64x	7.49x
EV / EBITDA	35.4x	32x	27.4x	28.9x	34.1x	21.7x	18.5x	16x
EV / EBIT	70.3x	57.4x	45.2x	50.2x	53.6x	34.2x	27.3x	22.4x
EV / FCF	39.4x	34.7x	31.7x	35.4x	45.7x	27x	22.8x	18.8x
FCF Yield	2.54%	2.89%	3.16%	2.82%	2.19%	3.7%	4.39%	5.31%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	0.61	1	1.18	1.34	1.64	1.841	2.197	2.603
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	348.7	424.7	486	572.9	651	724.2	802.2	888.6
EBITDA ¹	142	185.7	215.2	247.5	284.7	326.6	375.2	416.2
EBIT ¹	71.4	103.4	130.4	142.8	181.1	207.5	254	297.4
Net income ¹	52.1	86.28	102.2	115.9	143.3	160.7	191.1	228.7
Net Debt ¹	-133.7	-213.4	-276.4	-321	-236.1	-345.8	-512.3	-779.5
Reference price ²	61.01	72.65	72.81	87.99	116.24	86.52	86.52	86.52
Nbr of stocks (in thousands)	84,492	84,658	84,818	85,077	85,539	85,987	-	-
Announcement Date	03/03/21	02/03/22	01/03/23	06/03/24	05/03/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE DESCARTES SYSTEMS GROUP INC.	47.72x	9.95x	22.07x	-	755.38Cr
ORACLE CORPORATION	35.62x	10.35x	19.48x	0.93%	58TCr
SAP SE	35.55x	6.6x	21.58x	1.15%	29TCr
SERVICENOW, INC.	78.93x	10.26x	28.39x	-.--%	14TCr
STRATEGY INCORPORATED	4.48x	-	-	-	5.38TCr
CONSTELLATION SOFTWARE INC.	70.31x	4.37x	15.43x	0.17%	4.9TCr
FAIR ISAAC CORPORATION	46.19x	16.9x	27.82x	-.--%	3.86TCr
TOAST, INC.	65.05x	3.05x	30.09x	-.--%	2.05TCr
TRIMBLE, INC.	45.85x	5.6x	19.46x	-	1.91TCr
HUBSPOT, INC.	633.69x	5.52x	24.51x	-.--%	1.88TCr
Average	106.34x	8.07x	23.20x	0.32%	12.21TCr
Weighted average by Cap.	50.98x	9.09x	21.49x	0.77%