Valuation dashboard for The Descartes Systems Group Inc. (DSGX) with P/E 41.55, P/B 4.76, EV/EBITDA 21.8 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
The Descartes Systems Group Inc. (DSGX) offers comprehensive, cloud-native solutions designed to optimize business processes within the logistics and supply chain sectors. The primary objective is to significantly elevate the efficiency, operational excellence, and security posture for enterprises worldwide that heavily rely on robust logistics. At its core, the company offers a proprietary "Logistics Technology" platform.
What would it be worth at its usual multiples?
Versus its usual multiples: fairly priced · Current P/E 41.5× · Multiples range: $69.30 · $179.28.
At the decade median (81.5×) $179 (+96 %); at its sector median (31.5×) $69 (-24 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
The Descartes Systems Group Inc. reported revenue of $729.0M in the most recent fiscal year, growing at a 5-year CAGR of 15.9%. Net income reached $163.8M, with a 25.7% 5-year CAGR.
Trailing-twelve-month margins: gross margin 77.6%, operating margin 31.9%, net margin 24.3%.
At $91.40 (closing price, November 2, 2026), DSGX trades at a P/E of 41.55 and an ROE of 11.69%. Market capitalisation stands at $7.8B.
Balance sheet quality for DSGX: debt-to-equity ratio of 0.00, current ratio of 2.02 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 41.55 |
| Price / Book | 4.76 |
| EV / EBITDA | 21.8 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| DSGX | The Descartes Systems Group Inc. | $7.8B | 41.55 | 4.76 | 11.7% |
| KXS.TO | Kinaxis Inc. | CAD 5.3B | 44.22 | 9.47 | 20.9% |
| SHOP.TO | Shopify Inc. | CAD 282.4B | 104.39 | 15.88 | 15.1% |
| SAP | SAP SE | $272.2B | 29.62 | 5.26 | 17.8% |
| 0VHA.L | Shopify Inc. | $219.9B | 113.21 | 17.22 | 15.1% |
| SHOP | Shopify Inc. | $202.7B | 104.85 | 15.95 | 15.1% |
| CRM | Salesforce, Inc. | $186.1B | 20.64 | 4.83 | 20.2% |
| 0L5N.L | ServiceNow, Inc. | $157.1B | 98.73 | 13.12 | 13.8% |
Price
| Price | $91.40 (closing price, November 2, 2026) |
| Market Cap | $7.8B |
| Exchange | NASDAQ |
| Country | CA |
Profitability
| Return on Equity | 11.69% |
| Return on Invested Capital | 10.77% |
| Return on Assets | 9.60% |
| Gross Margin | 77.61% |
| Operating Margin | 31.87% |
| Net Margin | 24.25% |
Related companies: KXS.TO · SHOP.TO · SAP · 0VHA.L · SHOP · CRM · 0L5N.L · UBER
Explore sector: Technology · Software - Application
More sections of DSGX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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