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Ticker
CTS.TO

Price
5.99
Stock movement up
+0.01 (0.17%)
Company name
Converge Technology Solutions Corp
Exchange
(TO
,
Currency
CAD
)
Sector
Technology >
Information Technology Services
Market cap
1.16B
Ent value
2.66B
Price/Sales
0.44
Price/Book
3.01
Div yield
2.67%
Div growth
-
Growth years
-
FCF payout
2.44%
Trailing P/E
-
Forward P/E
10.00
PEG
-
EPS growth
-50.59%
1 year return
13.02%
3 year return
-13.26%
5 year return
43.34%
10 year return
-
Last updated: 2025-04-15

DIVIDENDS

CTS.TO does not pay dividends or no data was received

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E-
Price to OCF3.27
Price to FCF3.10
Price to EBITDA26.30
EV to EBITDA60.58

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales0.44
Price to Book3.01
EV to Sales1.01

FINANCIALS

Per share

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Per share data
Current share count193.07M
EPS (TTM)-0.81
FCF per share (TTM)1.87

Income statement

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Income statement data
Revenue (TTM)2.64B
Gross profit (TTM)631.54M
Operating income (TTM)53.90M
Net income (TTM)-161.17M
EPS (TTM)-0.81
EPS (1y forward)0.60

Margins

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Margins data
Gross margin (TTM)23.91%
Operating margin (TTM)2.04%
Profit margin (TTM)-6.10%

Balance Sheet

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Balance Sheet data
Cash174.09M
Net receivables882.38M
Total current assets1.17B
Goodwill387.57M
Intangible assets290.55M
Property, plant and equipment0.00
Total assets2.06B
Accounts payable1.05B
Short/Current long term debt331.68M
Total current liabilities1.17B
Total liabilities1.68B
Shareholder's equity383.69M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)353.48M
Capital expenditures (TTM)7.49M
Free cash flow (TTM)372.61M
Dividends paid (TTM)9.09M

Financial returns

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Financial returns data
Return on Equity-42.01%
Return on Assets-7.81%
Return on Invested Capital-22.53%
Cash Return on Invested Capital52.09%

STOCK INFORMATION

Stock chart

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Stock price data
Open5.98
Daily high5.99
Daily low5.98
Daily Volume142K
All-time high12.85
1y analyst estimate5.04
Beta1.81
EPS (TTM)-0.81
Dividend per share0.16
Ex-div date27 Dec 2024
Next earnings date7 May 2025

Downside potential

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Downside potential data
CTS.TOS&P500
Current price drop from All-time high-53.39%-12.04%
Highest price drop-81.87%-56.47%
Date of highest drop19 Oct 20239 Mar 2009
Avg drop from high-39.14%-11.07%
Avg time to new high19 days12 days
Max time to new high905 days1805 days
COMPANY DETAILS
CTS.TO (Converge Technology Solutions Corp) company logo
Marketcap
1.16B
Marketcap category
Small-cap
Description
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company also offers managed and talent services, and hardware and software products and solutions. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
Employees
2700
Investor relations
-
CEO
Country
Canada
City
Stock type
-
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its special meeting of shareholders held today (the "Meeting"), ho...
April 10, 2025
(Bloomberg) -- Wall Street lenders are postponing leveraged-finance deals as investors shy away from risky transactions while global markets convulse in the wake of US President Donald Trump’s sweepin...
April 7, 2025
In the current environment, where market volatility remains elevated due to ongoing trade tensions and potential economic slowdowns, investors are closely watching how central banks might respond with...
April 7, 2025
(Bloomberg) -- Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump’s trade war upends the global economy, twisting the knife into a dealmaking market tha...
April 4, 2025
As global markets grapple with economic uncertainty and inflation fears, recent declines in U.S. stock indexes have been exacerbated by trade policy concerns and persistent inflation, particularly aff...
April 4, 2025
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) reminds its shareholders to vote ahead of the proxy voting deadline for the upcoming special meet...
April 3, 2025
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Company has agreed to amend (the "Amendment") the previously announced a...
April 2, 2025
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that two leading independent proxy advisory firms, including Institutional...
March 25, 2025
Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX:CTS) is pleased to announce that CRN, a brand of The Channel Company, has recognized Converge on its 2025 Tech Elite 250 list. Th...
March 20, 2025
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce its management information circular (the "Circular") in connection with th...
March 14, 2025
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