Converge Technology Solutions Corp.

Converge Technology Solutions Corp.verified

CTS.TO

Price:

$4.33

Market Cap:

$845.24M

Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the co...[Read more]

Industry

Information Technology Services

IPO Date

2018-11-13

Stock Exchange

TSX

Ticker

CTS.TO

The ROE as of September 2024 (TTM) for Converge Technology Solutions Corp. (CTS.TO) is -30.45%

According to Converge Technology Solutions Corp.’s latest financial reports and current stock price. The company's current ROE is -30.45%. This represents a change of 188.53% compared to the average of -10.55% of the last 4 quarters.

Converge Technology Solutions Corp. (CTS.TO) Historical ROE (quarterly & annually)

How has CTS.TO ROE performed in the past?

The mean historical ROE of Converge Technology Solutions Corp. over the last ten years is 226.87%. The current -30.45% ROE has changed -113.42% with respect to the historical average. Over the past ten years (40 quarters), CTS.TO's ROE was at its highest in in the March 2019 quarter at 147.33%. The ROE was at its lowest in in the February 2018 quarter at -485.78%.

Quarterly (TTM)
Annual

Average

226.87%

Median

48.77%

Minimum

-4.10%

Maximum

1.20%

Converge Technology Solutions Corp. (CTS.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Converge Technology Solutions Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 335.36%

Maximum Annual ROE = 1.20%

Minimum Annual Increase = -165.01%

Minimum Annual ROE = -4.10%

Quarterly (TTM)
Annual
YearROEChange
2023-0.25%-105.43%
20224.55%70.48%
20212.67%-165.01%
2020-4.10%-103.74%
2019109.75%-72.89%
2018404.88%335.36%
201793.00%-92.28%

Converge Technology Solutions Corp. (CTS.TO) Average ROE

How has CTS.TO ROE performed in the past?

The current ROE of Converge Technology Solutions Corp. (CTS.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.32%

5-year avg

22.52%

10-year avg

226.87%

Converge Technology Solutions Corp. (CTS.TO) ROE vs. Peers

How is CTS.TO’s ROE compared to its peers?

Converge Technology Solutions Corp.’s ROE is greater than Dye & Durham Limited (-41.84%), greater than Nuvei Corporation (-0.56%), less than Docebo Inc. (23.76%), less than Topicus.com Inc. (27.51%), less than goeasy Ltd. (24.59%),

CompanyROEMarket cap
-41.84%$1.00B
-0.56%$6.44B
23.76%$1.79B
27.51%$11.16B
24.59%$3.03B

Build a custom stock screener for Converge Technology Solutions Corp. (CTS.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Converge Technology Solutions Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Converge Technology Solutions Corp. (CTS.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Converge Technology Solutions Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Converge Technology Solutions Corp.'s ROE?

How is the ROE calculated for Converge Technology Solutions Corp. (CTS.TO)?

What is the highest ROE for Converge Technology Solutions Corp. (CTS.TO)?

What is the 3-year average ROE for Converge Technology Solutions Corp. (CTS.TO)?

What is the 5-year average ROE for Converge Technology Solutions Corp. (CTS.TO)?

How does the current ROE for Converge Technology Solutions Corp. (CTS.TO) compare to its historical average?