Stock CNVRG CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Converge Information and Communications Technology Solutions, Inc.

Equities

CNVRG

PHY1757W1054

Integrated Telecommunications Services

End-of-day quote Philippines S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
9.04 PHP +0.67% Intraday chart for Converge Information and Communications Technology Solutions, Inc. +5.61% +7.88%
Mar. 18 Converge Information and Communications Technology Solutions, Inc. Provides Consolidated Earnings Guidance for the Year 2024 CI
Mar. 18 Converge Information and Communications Technology Solutions, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 112,142 240,089 115,393 60,894 65,690 - -
Enterprise Value (EV) 1 112,332 254,792 115,393 82,443 87,539 79,372 74,454
P/E ratio 33.1 x 33.5 x 15.5 x 6.69 x 7.08 x 6.44 x 6.13 x
Yield - - - - 1.46% 2.16% -
Capitalization / Revenue 7.16 x 9.07 x 3.42 x 1.72 x 1.72 x 1.62 x 1.54 x
EV / Revenue 7.18 x 9.62 x 3.42 x 2.33 x 2.3 x 1.96 x 1.74 x
EV / EBITDA 14.2 x 17.2 x 5.96 x 3.83 x 3.91 x 3.34 x 2.89 x
EV / FCF -17.8 x -24.3 x - 9.4 x 30.6 x 11.7 x 7.96 x
FCF Yield -5.61% -4.12% - 10.6% 3.27% 8.52% 12.6%
Price to Book 3 x 6.84 x - 1.35 x 1.23 x 1.05 x 0.88 x
Nbr of stocks (in thousands) 7,526,294 7,526,294 7,266,573 7,266,573 7,266,573 - -
Reference price 2 14.90 31.90 15.88 8.380 9.040 9.040 9.040
Announcement Date 3/11/21 3/17/22 3/16/23 3/18/24 - - -
1PHP in Million2PHP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,652 26,479 33,696 35,359 38,112 40,529 42,760
EBITDA 1 7,914 14,803 19,353 21,528 22,408 23,768 25,720
EBIT 1 5,455 10,039 11,588 14,201 14,332 15,375 16,373
Operating Margin 34.85% 37.91% 34.39% 40.16% 37.6% 37.94% 38.29%
Earnings before Tax (EBT) 1 4,879 9,553 9,856 12,122 12,440 13,246 14,472
Net income 1 3,388 7,158 7,439 9,099 9,449 10,196 10,948
Net margin 21.65% 27.03% 22.08% 25.73% 24.79% 25.16% 25.6%
EPS 2 0.4502 0.9511 1.024 1.252 1.276 1.405 1.475
Free Cash Flow 1 -6,299 -10,499 - 8,774 2,862 6,760 9,358
FCF margin -40.24% -39.65% - 24.81% 7.51% 16.68% 21.88%
FCF Conversion (EBITDA) - - - 40.76% 12.77% 28.44% 36.38%
FCF Conversion (Net income) - - - 96.43% 30.29% 66.3% 85.48%
Dividend per Share 2 - - - - 0.1320 0.1950 -
Announcement Date 3/11/21 3/17/22 3/16/23 3/18/24 - - -
1PHP in Million2PHP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - - - - - - -
EBITDA - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 1,946 1,960 1,970 1,981 2,157 1,332 - - 2,083 - - - -
Net margin - - - - - - - - - - - - -
EPS 0.2600 0.2604 0.2617 0.2700 0.3000 0.1920 - - 0.2900 - - - -
Dividend per Share 1 - - - - - - - - - - - - -
Announcement Date 11/11/21 3/17/22 5/16/22 8/11/22 11/10/22 3/16/23 6/18/23 9/18/23 11/10/23 - - - -
1PHP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 190 14,703 - 21,549 21,849 13,682 8,764
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 0.024 x 0.9932 x - 1.001 x 0.975 x 0.5756 x 0.3407 x
Free Cash Flow 1 -6,299 -10,499 - 8,774 2,862 6,760 9,358
ROE (net income / shareholders' equity) 17% 22.8% - 22.4% 19.2% 17.3% 15.6%
ROA (Net income/ Total Assets) 7.71% 10.3% - 9.13% 10.6% 9.3% 9.7%
Assets 1 43,936 69,288 - 99,621 89,137 109,636 112,861
Book Value Per Share 2 4.970 4.670 - 6.230 7.360 8.630 10.20
Cash Flow per Share 2 1.030 1.020 - 2.430 2.300 2.400 2.600
Capex 1 13,597 18,147 - 8,855 18,231 12,766 12,500
Capex / Sales 86.87% 68.53% - 25.04% 47.84% 31.5% 29.23%
Announcement Date 3/11/21 3/17/22 3/16/23 3/18/24 - - -
1PHP in Million2PHP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Converge Information and Communications Technology Solutions, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
9.04 PHP
Average target price
13.92 PHP
Spread / Average Target
+54.04%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Internet Service Providers

1st Jan change Capi.
CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC. Stock Converge Information and Communications Technology Solutions, Inc.
+7.88% 1.14B
PT INDORITEL MAKMUR INTERNASIONAL TBK. Stock PT Indoritel Makmur Internasional Tbk.
+0.43% 4.13B
INTERNET INITIATIVE JAPAN INC. Stock Internet Initiative Japan Inc.
-6.69% 3.02B
RUIJIE NETWORKS CO., LTD. Stock Ruijie Networks Co., Ltd.
-7.68% 2.74B
LICT CORPORATION Stock LICT Corporation
-11.60% 272M
FREEBIT CO., LTD. Stock FreeBit Co., Ltd.
-2.68% 180M
BREDBAND2 I SKANDINAVIEN AB Stock Bredband2 i Skandinavien AB
+25.33% 166M
UNIDATA S.P.A. Stock Unidata S.p.A.
-11.93% 112M
ASAHI NET, INC. Stock Asahi Net, Inc.
+3.41% 112M
HWACOM SYSTEMS INC. Stock HwaCom Systems Inc.
+9.04% 88.04M
Internet Service Providers
  1. Stock Market
  2. Equities
  3. CNVRG Stock
  4. Financials Converge Information and Communications Technology Solutions, Inc.