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Investment Q&A

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Constellation Software Inc. (CSU $4,550.34)
- $4,550.34 P/E (TTM): 109.11X Cap: $93.70B
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Topicus.com Inc. (TOI $170.52)
- $170.52 P/E (TTM): 81.28X Cap: $14.23B
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Brookfield Corporation Class A Limited Voting Shares (BN $90.27)
- $90.27 P/E (TTM): 152.54X Cap: $135.41B
- View BN Profile
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Lumine Group Inc. (LMN $48.38)
- $48.38 P/E (TTM): 186.96X Cap: $12.57B
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Q: Will a 25% tariff affect these companies?

Asked by Shyam on January 25, 2025

5i Research Answer:

For now, 'services' are not part of the tariff plan, and as such software companies are not likely to be materially impacted. BN has significant US assets, and, while not immune, is not likely to be overly impacted (the stock has been hitting new all-time highs which helps confirm this thesis).

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