CTS — Converge Technology Solutions Share Price
- CA$835.80m
- CA$1.18bn
- CA$2.16bn
- 73
- 60
- 40
- 61
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 8.71 | ||
PEG Ratio (f) | 0.19 | ||
EPS Growth (f) | 81.69% | ||
Dividend Yield (f) | n/a |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 1.39 | ||
Price to Tang. Book | n/a | ||
Price to Free Cashflow | 47.37 | ||
Price to Sales | 0.39 | ||
EV to EBITDA | 10.52 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 3.98% | ||
Return on Equity | 4.5% | ||
Operating Margin | 1.49% |
Financial Summary
Year End 31st Dec | Unit | 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | CA$m | 459.19 | 687.8 | 948.8 | 1,527.84 | 2,164.65 | 2,668.11 | 2,829.93 | 110.17% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | n/a | n/a | n/a | +190.7 | +44.36 | +117.53 | +26.56 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
---|---|
Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
Converge Technology Solutions Corp. is a Canada-based software-enabled information technology (IT) and cloud solution provider focused on delivering industry solutions and services. The Company’s solutions include advanced analytics, application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. Its advanced analytics include business analytics and data visualization, data processing and integration, and financial and operational performance management. It supports these solutions with advisory, implementation, and managed services across all information technology vendors in the marketplace. This multi-faceted approach enables the Company to address the business and technology requirements for all clients in the public and private sectors. It also provides information and communications technology (ICT) solutions to United Kingdom public and private sector organizations of all sizes.
Directors
- Greg Berard PRE
- Shaun Maine CEO (53)
- Carl Smith CFO
- Cory Reid COO
- Don Cuthbertson CTO
- Thomas Volk DRC (63)
- Nathan Chan IND (50)
- Ralph Garcea IND (54)
- Brian Phillips IND (71)
- Last Annual
- December 31st, 2022
- Last Interim
- December 31st, 2022
- Incorporated
- January 4th, 2018
- Public Since
- April 30th, 2018
- No. of Employees
- 894
- Sector
- Software & IT Services
- Industry
- Technology
- Exchange
Toronto Stock Exchange
- Shares in Issue
- 208,950,083

- Address
- 161 Bay St Suite 2325, TORONTO, M5J2S1
- Web
- https://convergetp.com/
- Phone
- +1 4163603995
- Auditors
- Ernst & Young LLP
Upcoming Events for CTS
Converge Technology Solutions Corp Annual Shareholders Meeting
Q2 2023 Converge Technology Solutions Corp Earnings Release
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FAQ
As of Today at 18:05 UTC, shares in Converge Technology Solutions are trading at CA$4.00. This share price information is delayed by 15 minutes.
Shares in Converge Technology Solutions last closed at CA$4.00 and the price had moved by -60.44% over the past 365 days. In terms of relative price strength the Converge Technology Solutions share price has underperformed the Toronto Stock Exchange 300 Composite Index by -55.35% over the past year.
The overall consensus recommendation for Converge Technology Solutions is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Converge Technology Solutions does not currently pay a dividend.
Converge Technology Solutions does not currently pay a dividend.
Converge Technology Solutions does not currently pay a dividend.
To buy shares in Converge Technology Solutions you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of CA$4.00, shares in Converge Technology Solutions had a market capitalisation of CA$835.80m.
Here are the trading details for Converge Technology Solutions:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: CTS
Based on an overall assessment of its quality, value and momentum Converge Technology Solutions is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Converge Technology Solutions is CA$7.52. That is 88% above the last closing price of CA$4.00.
Analysts covering Converge Technology Solutions currently have a consensus Earnings Per Share (EPS) forecast of CA$0.43 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Converge Technology Solutions. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -38.38%.
As of the last closing price of CA$4.00, shares in Converge Technology Solutions were trading -26.54% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Converge Technology Solutions PE ratio based on its reported earnings over the past 12 months is 8.71. The shares last closed at CA$4.00.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Converge Technology Solutions' management team is headed by:
- Greg Berard - PRE
- Shaun Maine - CEO
- Carl Smith - CFO
- Cory Reid - COO
- Don Cuthbertson - CTO
- Thomas Volk - DRC
- Nathan Chan - IND
- Ralph Garcea - IND
- Brian Phillips - IND