The Descartes Systems Group Inc.

DSG.TO (TSX: DSG) TSX
Sector: Technology · Industry: — · Exchange: TSX
136.23 -0.65 (-0.5%) Market cap: $11.65B
52-week range low 86.02 · Feb 23, 2026high 136.88 · Nov 11, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO))
DSG.TO price, 1M +15% +0% -12% Oct 13, 2026 Nov 12, 2026 Volume
DSG.TO price, 6M +54% +0% -3% May 13, 2026 Nov 12, 2026 Volume
DSG.TO price, 1Y +24% +0% -29% Nov 11, 2025 Nov 12, 2026 Volume
DSG.TO price, 5Y +72% +0% -59% Nov 12, 2021 Nov 10, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-12104.62
2022-0192.48
2022-0290.32
2022-0391.53
2022-0479.79
2022-0575.05
2022-0679.99
2022-0788.46
2022-0892.52
2022-0987.71
2022-1094.00
2022-1193.39
2022-1294.39
2023-0197.10
2023-02100.64
2023-03109.08
2023-04107.36
2023-05104.96
2023-06106.12
2023-07102.85
2023-08101.31
2023-0999.69
2023-10100.23
2023-11110.22
2023-12111.33
2024-01117.72
2024-02117.63
2024-03123.90
2024-04127.70
2024-05125.86
2024-06132.55
2024-07140.42
2024-08135.89
2024-09139.17
2024-10144.65
2024-11165.10
2024-12163.40
2025-01168.23
2025-02161.26
2025-03144.87
2025-04145.18
2025-05159.12
2025-06138.33
2025-07146.39
2025-08137.25
2025-09131.04
2025-10123.87
2025-11114.78
2025-12120.41
2026-01101.69
2026-0290.22
2026-0399.64
2026-0498.01
2026-05101.74
2026-0698.23
2026-07105.28
2026-08111.53
2026-09115.12
2026-10126.77
2026-11136.23

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 17.0% against +20.0% for the Composite — 3.0 points behind.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+2.6%+15.3%+25.9%+49.9%+13.1%+17.0%+8.3%+4.3%
Sector fund (XIT.TO)+6.4%-3.6%+3.3%+27.4%+3.9%+0.0%+20.0%+5.8%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite+0.8%+12.5%+26.0%+40.4%-3.0%-3.0%-13.7%-6.1%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO).

Risk and trading

1-year volatility +41.7% (annualized); largest fall from a peak -35.1% (Dec 4, 2025 to Feb 23, 2026); beta 0.65 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+41.7%
Maximum drawdown (1Y)-35.1% (Dec 4, 2025 to Feb 23, 2026)
Beta (2Y weekly, vs Composite)0.65
Average daily volume (3M)464,159
Dollar volume (3M, average per day)$53.0M
LiquidityHigh (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 45.7 — lower than 26% of Technology peers (57 companies). The sector median P/E is 27.5.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)45.7 Lower than 26% of peers (57 companies; median 27.5)
Earnings yield2.19%—
P/B5.04 Lower than 52% of peers (66 companies; median 5.23)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA34.0 Lower than 21% of peers (38 companies; median 18.1)
Dividend yield0.00%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: Not available: No dividend rate in the snapshot. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $729.0M in 2026 (TTM $775.2M); net income $163.8M; free cash flow $260.5M. Reporting currency: USD.

Annual figures, last 4 fiscal years, plus TTM
Metric2023202420252026TTM
Revenue$486.0M$572.9M$651.0M$729.0M$775.2M
Gross margin76.7%75.9%75.6%77.1%—
Net income$102.2M$115.9M$143.3M$163.8M$188.0M
Free cash flow$186.3M$202.1M$212.5M$260.5M$298.5M
Diluted shares84,820,10085,183,45585,605,96986,022,028—

Revenue by year

2023202420252026

Free cash flow by year

2023202420252026
Balance sheet, latest annual row
Cash$356.5M
Total debt$8.4M
Debt-to-equity0.01
Operating margin (latest snapshot, Nov 12, 2026)32.0%

Figures as reported in stored financials; reporting currency USD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-10-31, 2026-01-31, 2026-04-30, 2026-07-31.

Dividends and splits

Pays a 0.00% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 0.00% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 0 times and sold 2 times in the 90 days to Nov 12, 2026. Shares outstanding grew 0.5% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)0
Insider sell (90 days)2
Shares outstanding change (1Y)+0.5%
Shares outstanding change (3Y)+1.4%
Held by insiders0.06%
Held by institutions91.58%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

Recent insider trades (3)
Filing dateTypeNameSharesPriceValue
Sep 23, 2026SELLRYAN (EDWARD J)27,88880.33$2.2M
Sep 22, 2026SELLRYAN (EDWARD J)16,65180.14$1.3M
Sep 10, 2026OTHERDESCARTES SYSTEMS GROUP INC13,90071.53$994K

Peers

Peers in Technology, by market cap: AAPL.TO, NVDA.TO, MSFT.TO, ASML.TO, NOWS.TO, PLTR.TO, INTC.TO, AMAT.TO.

Peers in Technology, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
AAPL.TO49.73+26.1%$6739.43B39.884.70.30%+25.0%
NVDA.TO36.91-16.3%$5150.12B20.925.60.31%+38.2%
MSFT.TO36.37+0.1%$5050.95B27.331.60.70%+33.7%
ASML.TO44.15+54.4%$773.16B38.1——+49.1%
NOWS.TO12.78—$681.79B75.2——+69.9%
PLTR.TO12.89—$564.63B117.2——+61.5%
INTC.TO34.24—$423.13B———+88.8%
AMAT.TO41.91—$412.50B32.5——+68.9%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.

Sector condition: Technology — Lagging (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsSep 10, 2026 · EPS 0.59
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jul 31, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/DSG.TO.json · Markdown twin: /t/DSG.TO.md

Facts and published history only. Plans are generated by a quant model.