Converge Technology Solutions Corp.

Converge Technology Solutions Corp.verified

CTS.TO

Price:

$3.11

Market Cap:

$605.72M

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 November 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%$1.32B
-0.56%$6.62B
23.76%$2.04B
27.51%$10.05B
24.59%$2.92B

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