Converge Technology Solutions Corp. (TSX: CTS)

CTS Statistics

Total Valuation

Converge Technology Solutions has a market cap or net worth of CAD 637.12 million. The enterprise value is 811.43 million.

Market Cap	637.12M
Enterprise Value	811.43M

Important Dates

The last earnings date was Friday, November 8, 2024.

Earnings Date	Nov 8, 2024
Ex-Dividend Date	Dec 10, 2024

Share Statistics

Converge Technology Solutions has 193.07 million shares outstanding. The number of shares has decreased by -3.45% in one year.

Current Share Class	n/a
Shares Outstanding	193.07M
Shares Change (YoY)	-3.45%
Shares Change (QoQ)	-2.26%
Owned by Insiders (%)	1.81%
Owned by Institutions (%)	33.45%
Float	189.58M

Valuation Ratios

PE Ratio	n/a
Forward PE	5.62
PS Ratio	0.26
PB Ratio	1.78
P/TBV Ratio	n/a
P/FCF Ratio	1.99
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.24, with an EV/FCF ratio of 2.54.

EV / Earnings	-4.99
EV / Sales	0.32
EV / EBITDA	5.24
EV / EBIT	16.29
EV / FCF	2.54

Financial Position

The company has a current ratio of 0.96, with a Debt / Equity ratio of 0.99.

Current Ratio	0.96
Quick Ratio	0.86
Debt / Equity	0.99
Debt / EBITDA	2.26
Debt / FCF	1.11
Interest Coverage	1.48

Financial Efficiency

Return on equity (ROE) is -34.38% and return on invested capital (ROIC) is 3.62%.

Return on Equity (ROE)	-34.38%
Return on Assets (ROA)	1.55%
Return on Capital (ROIC)	3.62%
Revenue Per Employee	949,034
Profits Per Employee	-60,251
Employee Count	2,700
Asset Turnover	1.23
Inventory Turnover	15.73

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -17.50% in the last 52 weeks. The beta is 1.81, so Converge Technology Solutions's price volatility has been higher than the market average.

Beta (5Y)	1.81
52-Week Price Change	-17.50%
50-Day Moving Average	4.01
200-Day Moving Average	4.66
Relative Strength Index (RSI)	39.02
Average Volume (20 Days)	1,306,282

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Converge Technology Solutions had revenue of CAD 2.56 billion and -162.68 million in losses. Loss per share was -0.81.

Revenue	2.56B
Gross Profit	694.34M
Operating Income	51.79M
Pretax Income	-183.77M
Net Income	-162.68M
EBITDA	140.41M
EBIT	51.79M
Loss Per Share	-0.81

Balance Sheet

The company has 180.46 million in cash and 354.77 million in debt, giving a net cash position of -174.31 million or -0.90 per share.

Cash & Cash Equivalents	180.46M
Total Debt	354.77M
Net Cash	-174.31M
Net Cash Per Share	-0.90
Equity (Book Value)	359.47M
Book Value Per Share	1.86
Working Capital	-46.37M

Cash Flow

In the last 12 months, operating cash flow was 326.89 million and capital expenditures -7.44 million, giving a free cash flow of 319.45 million.

Operating Cash Flow	326.89M
Capital Expenditures	-7.44M
Free Cash Flow	319.45M
FCF Per Share	1.65

Margins

Gross margin is 27.10%, with operating and profit margins of 2.02% and -6.35%.

Gross Margin	27.10%
Operating Margin	2.02%
Pretax Margin	-7.17%
Profit Margin	-6.35%
EBITDA Margin	5.48%
EBIT Margin	2.02%
FCF Margin	12.47%

Dividends & Yields

This stock pays an annual dividend of 0.06, which amounts to a dividend yield of 1.82%.

Dividend Per Share	0.06
Dividend Yield	1.82%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	3.45%
Shareholder Yield	5.26%
Earnings Yield	-24.66%
FCF Yield	50.14%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Converge Technology Solutions has an Altman Z-Score of 1.49. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.49
Piotroski F-Score	n/a