View ValuationConvergenze. Società Benefit 将来の成長Future 基準チェック /46Convergenze. Società Benefit利益と収益がそれぞれ年間38.6%と8.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に19.7% 38%なると予測されています。主要情報38.6%収益成長率37.98%EPS成長率Telecom 収益成長22.8%収益成長率8.8%将来の株主資本利益率19.70%アナリストカバレッジLow最終更新日16 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 17Price target decreased by 13% to €3.65Down from €4.20, the current price target is an average from 2 analysts. New target price is 109% above last closing price of €1.75. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.067 last year.Major Estimate Revision • Oct 08Consensus EPS estimates increase by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.14 to €0.18. Revenue forecast unchanged at €25.6m. Net income forecast to grow 25% next year vs 15% growth forecast for Telecom industry in Italy. Consensus price target of €3.88 unchanged from last update. Share price was steady at €1.71 over the past week.Price Target Changed • Apr 04Price target increased by 14% to €3.88Up from €3.39, the current price target is an average from 2 analysts. New target price is 150% above last closing price of €1.55. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.11 last year.Price Target Changed • May 16Price target decreased by 16% to €4.64Down from €5.53, the current price target is an average from 2 analysts. New target price is 125% above last closing price of €2.06. Stock is down 21% over the past year. The company posted a net loss per share of €0.11 last year.すべての更新を表示Recent updatesPrice Target Changed • Apr 17Price target decreased by 13% to €3.65Down from €4.20, the current price target is an average from 2 analysts. New target price is 109% above last closing price of €1.75. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.067 last year.New Risk • Apr 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (€12.2m market cap, or US$14.4m).Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €2.24, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Telecom industry in Italy. Total loss to shareholders of 14% over the past three years.New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€15.5m market cap, or US$18.0m).分析記事 • Sep 01Returns On Capital Signal Tricky Times Ahead For Convergenze. Società Benefit (BIT:CVG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€14.7m market cap, or US$17.2m).Upcoming Dividend • May 26Upcoming dividend of €0.02 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (5.1%).分析記事 • Apr 25A Piece Of The Puzzle Missing From Convergenze S.p.A. Società Benefit's (BIT:CVG) 27% Share Price ClimbConvergenze S.p.A. Società Benefit ( BIT:CVG ) shareholders have had their patience rewarded with a 27% share price...Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €2.06, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Telecom industry in Italy. Total loss to shareholders of 23% over the past three years.分析記事 • Apr 04We Think That There Are Issues Underlying Convergenze. Società Benefit's (BIT:CVG) EarningsConvergenze S.p.A. Società Benefit's ( BIT:CVG ) stock was strong after they recently reported robust earnings...Declared Dividend • Mar 31Dividend of €0.02 announcedDividend of €0.02 is the same as last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (17% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.お知らせ • Mar 30Convergenze S.p.A. Società Benefit announces Annual dividend, payable on June 04, 2025Convergenze S.p.A. Società Benefit announced Annual dividend of EUR 0.0200 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.Reported Earnings • Mar 30Full year 2024 earnings releasedFull year 2024 results: Revenue: €26.6m (up 18% from FY 2023). Net income: €1.25m (up 145% from FY 2023). Profit margin: 4.7% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Telecom industry in Italy.Major Estimate Revision • Oct 08Consensus EPS estimates increase by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.14 to €0.18. Revenue forecast unchanged at €25.6m. Net income forecast to grow 25% next year vs 15% growth forecast for Telecom industry in Italy. Consensus price target of €3.88 unchanged from last update. Share price was steady at €1.71 over the past week.Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.082 (vs €0.006 in 1H 2023)First half 2024 results: EPS: €0.082 (up from €0.006 in 1H 2023). Revenue: €12.0m (up 15% from 1H 2023). Net income: €605.7k (up €558.4k from 1H 2023). Profit margin: 5.0% (up from 0.5% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Italy. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Aug 29Convergenze S.p.A. Società Benefit to Report First Half, 2024 Results on Sep 27, 2024Convergenze S.p.A. Società Benefit announced that they will report first half, 2024 results on Sep 27, 2024Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Telecom industry in Italy. Total loss to shareholders of 49% over the past three years.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.75, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Telecom industry in Italy. Total loss to shareholders of 43% over the past three years.Reported Earnings • May 05Full year 2023 earnings releasedFull year 2023 results: Revenue: €22.9m (down 19% from FY 2022). Net income: €511.9k (up €1.31m from FY 2022). Profit margin: 2.2% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Italy.分析記事 • May 04Convergenze S.p.A. Società Benefit (BIT:CVG) Shares Could Be 32% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Convergenze. Società Benefit fair value estimate is €2.46...New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€11.8m market cap, or US$12.5m).Price Target Changed • Apr 04Price target increased by 14% to €3.88Up from €3.39, the current price target is an average from 2 analysts. New target price is 150% above last closing price of €1.55. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.11 last year.New Risk • Mar 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (€11.9m market cap, or US$12.9m).分析記事 • Jan 24Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share PriceKey Insights Convergenze. Società Benefit's estimated fair value is €2.22 based on 2 Stage Free Cash Flow to Equity...分析記事 • Dec 18Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%Convergenze S.p.A. Società Benefit ( BIT:CVG ) shareholders are no doubt pleased to see that the share price has...New Risk • Nov 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.92m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$10m (€8.92m market cap, or US$9.54m). Minor Risk Shareholders have been diluted in the past year (5.0% increase in shares outstanding).New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (€12.7m market cap, or US$13.4m).Buying Opportunity • Oct 26Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be €2.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Oct 26Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital AroundIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Oct 05First half 2023 earnings releasedFirst half 2023 results: Revenue: €10.4m (down 17% from 1H 2022). Net income: €47.3k (up €477.1k from 1H 2022). Profit margin: 0.5% (up from net loss in 1H 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Telecom industry in Italy.分析記事 • Sep 21There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is UndemandingYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Convergenze S.p.A. Società Benefit ( BIT:CVG ) is a...Price Target Changed • May 16Price target decreased by 16% to €4.64Down from €5.53, the current price target is an average from 2 analysts. New target price is 125% above last closing price of €2.06. Stock is down 21% over the past year. The company posted a net loss per share of €0.11 last year.Reported Earnings • Mar 29Full year 2022 earnings releasedFull year 2022 results: Revenue: €28.4m (up 54% from FY 2021). Net loss: €799.2k (down 435% from profit in FY 2021). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Telecom industry in Italy.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Standing Auditor Massimo Tartaro was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 03First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €12.7m (up 45% from 1H 2021). Net loss: €429.8k (down 205% from profit in 1H 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Telecom industry in Italy.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.63, the stock trades at a trailing P/E ratio of 78.8x. Average forward P/E is 14x in the Telecom industry in Italy. Total loss to shareholders of 12% over the past year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 18Full year 2021 earnings released: EPS: €0.033 (vs €0.099 in FY 2020)Full year 2021 results: EPS: €0.033 (down from €0.099 in FY 2020). Revenue: €18.4m (up 13% from FY 2020). Net income: €238.4k (down 66% from FY 2020). Profit margin: 1.3% (down from 4.3% in FY 2020). Over the next year, revenue is forecast to grow 27%, compared to a 6.5% growth forecast for the industry in Italy.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.83, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 36x in the Telecom industry in Italy. Total returns to shareholders of 2.9% over the past year.分析記事 • Mar 08Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €3.60, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 42x in the Telecom industry in Italy.お知らせ • Dec 30Convergenze S.p.A. has completed an IPO.Convergenze S.p.A. has completed an IPO. Security Name: Shares Security Type: Common Stock Price\Range: €1.75業績と収益の成長予測BIT:CVG - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202834236212/31/202731225212/31/202629214212/31/202526002N/A9/30/2025261N/AN/AN/A6/30/202527113N/A3/31/202527113N/A12/31/202426114N/A9/30/2024251N/AN/AN/A6/30/202424124N/A3/31/202423114N/A12/31/202323113N/A9/30/2023240N/AN/AN/A6/30/2023260-21N/A3/31/202327-1-30N/A12/31/202228-1-4-1N/A9/30/202225-1-4-1N/A6/30/202222-1-30N/A3/31/2022200-31N/A12/31/2021180-32N/A9/30/2021180-32N/A6/30/2021171-32N/A3/31/2021171-32N/A12/31/2020161-21N/A9/30/2020161-11N/A6/30/202016101N/A3/31/202017102N/A12/31/201917112N/A12/31/2018140N/A1N/A12/31/2017120N/A0N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: CVGの予測収益成長率 (年間38.6% ) は 貯蓄率 ( 3.3% ) を上回っています。収益対市場: CVGの収益 ( 38.6% ) はItalian市場 ( 11.3% ) よりも速いペースで成長すると予測されています。高成長収益: CVGの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: CVGの収益 ( 8.8% ) Italian市場 ( 5.7% ) よりも速いペースで成長すると予測されています。高い収益成長: CVGの収益 ( 8.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: CVGの 自己資本利益率 は、3年後には低くなると予測されています ( 19.7 %)。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 04:06終値2026/06/05 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Convergenze S.p.A. Società Benefit 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Luigi TardellaEnVent Capital Markets LimitedMattia PetraccaIntegrae SPA
Price Target Changed • Apr 17Price target decreased by 13% to €3.65Down from €4.20, the current price target is an average from 2 analysts. New target price is 109% above last closing price of €1.75. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.067 last year.
Major Estimate Revision • Oct 08Consensus EPS estimates increase by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.14 to €0.18. Revenue forecast unchanged at €25.6m. Net income forecast to grow 25% next year vs 15% growth forecast for Telecom industry in Italy. Consensus price target of €3.88 unchanged from last update. Share price was steady at €1.71 over the past week.
Price Target Changed • Apr 04Price target increased by 14% to €3.88Up from €3.39, the current price target is an average from 2 analysts. New target price is 150% above last closing price of €1.55. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.11 last year.
Price Target Changed • May 16Price target decreased by 16% to €4.64Down from €5.53, the current price target is an average from 2 analysts. New target price is 125% above last closing price of €2.06. Stock is down 21% over the past year. The company posted a net loss per share of €0.11 last year.
Price Target Changed • Apr 17Price target decreased by 13% to €3.65Down from €4.20, the current price target is an average from 2 analysts. New target price is 109% above last closing price of €1.75. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.067 last year.
New Risk • Apr 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (€12.2m market cap, or US$14.4m).
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €2.24, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Telecom industry in Italy. Total loss to shareholders of 14% over the past three years.
New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€15.5m market cap, or US$18.0m).
分析記事 • Sep 01Returns On Capital Signal Tricky Times Ahead For Convergenze. Società Benefit (BIT:CVG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€14.7m market cap, or US$17.2m).
Upcoming Dividend • May 26Upcoming dividend of €0.02 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (5.1%).
分析記事 • Apr 25A Piece Of The Puzzle Missing From Convergenze S.p.A. Società Benefit's (BIT:CVG) 27% Share Price ClimbConvergenze S.p.A. Società Benefit ( BIT:CVG ) shareholders have had their patience rewarded with a 27% share price...
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €2.06, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Telecom industry in Italy. Total loss to shareholders of 23% over the past three years.
分析記事 • Apr 04We Think That There Are Issues Underlying Convergenze. Società Benefit's (BIT:CVG) EarningsConvergenze S.p.A. Società Benefit's ( BIT:CVG ) stock was strong after they recently reported robust earnings...
Declared Dividend • Mar 31Dividend of €0.02 announcedDividend of €0.02 is the same as last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (17% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
お知らせ • Mar 30Convergenze S.p.A. Società Benefit announces Annual dividend, payable on June 04, 2025Convergenze S.p.A. Società Benefit announced Annual dividend of EUR 0.0200 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
Reported Earnings • Mar 30Full year 2024 earnings releasedFull year 2024 results: Revenue: €26.6m (up 18% from FY 2023). Net income: €1.25m (up 145% from FY 2023). Profit margin: 4.7% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Telecom industry in Italy.
Major Estimate Revision • Oct 08Consensus EPS estimates increase by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.14 to €0.18. Revenue forecast unchanged at €25.6m. Net income forecast to grow 25% next year vs 15% growth forecast for Telecom industry in Italy. Consensus price target of €3.88 unchanged from last update. Share price was steady at €1.71 over the past week.
Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.082 (vs €0.006 in 1H 2023)First half 2024 results: EPS: €0.082 (up from €0.006 in 1H 2023). Revenue: €12.0m (up 15% from 1H 2023). Net income: €605.7k (up €558.4k from 1H 2023). Profit margin: 5.0% (up from 0.5% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Italy. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Aug 29Convergenze S.p.A. Società Benefit to Report First Half, 2024 Results on Sep 27, 2024Convergenze S.p.A. Società Benefit announced that they will report first half, 2024 results on Sep 27, 2024
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Telecom industry in Italy. Total loss to shareholders of 49% over the past three years.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.75, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Telecom industry in Italy. Total loss to shareholders of 43% over the past three years.
Reported Earnings • May 05Full year 2023 earnings releasedFull year 2023 results: Revenue: €22.9m (down 19% from FY 2022). Net income: €511.9k (up €1.31m from FY 2022). Profit margin: 2.2% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Italy.
分析記事 • May 04Convergenze S.p.A. Società Benefit (BIT:CVG) Shares Could Be 32% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Convergenze. Società Benefit fair value estimate is €2.46...
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€11.8m market cap, or US$12.5m).
Price Target Changed • Apr 04Price target increased by 14% to €3.88Up from €3.39, the current price target is an average from 2 analysts. New target price is 150% above last closing price of €1.55. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.11 last year.
New Risk • Mar 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (€11.9m market cap, or US$12.9m).
分析記事 • Jan 24Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share PriceKey Insights Convergenze. Società Benefit's estimated fair value is €2.22 based on 2 Stage Free Cash Flow to Equity...
分析記事 • Dec 18Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%Convergenze S.p.A. Società Benefit ( BIT:CVG ) shareholders are no doubt pleased to see that the share price has...
New Risk • Nov 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.92m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$10m (€8.92m market cap, or US$9.54m). Minor Risk Shareholders have been diluted in the past year (5.0% increase in shares outstanding).
New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (€12.7m market cap, or US$13.4m).
Buying Opportunity • Oct 26Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be €2.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Oct 26Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital AroundIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Oct 05First half 2023 earnings releasedFirst half 2023 results: Revenue: €10.4m (down 17% from 1H 2022). Net income: €47.3k (up €477.1k from 1H 2022). Profit margin: 0.5% (up from net loss in 1H 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Telecom industry in Italy.
分析記事 • Sep 21There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is UndemandingYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Convergenze S.p.A. Società Benefit ( BIT:CVG ) is a...
Price Target Changed • May 16Price target decreased by 16% to €4.64Down from €5.53, the current price target is an average from 2 analysts. New target price is 125% above last closing price of €2.06. Stock is down 21% over the past year. The company posted a net loss per share of €0.11 last year.
Reported Earnings • Mar 29Full year 2022 earnings releasedFull year 2022 results: Revenue: €28.4m (up 54% from FY 2021). Net loss: €799.2k (down 435% from profit in FY 2021). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Telecom industry in Italy.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Standing Auditor Massimo Tartaro was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 03First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €12.7m (up 45% from 1H 2021). Net loss: €429.8k (down 205% from profit in 1H 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Telecom industry in Italy.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.63, the stock trades at a trailing P/E ratio of 78.8x. Average forward P/E is 14x in the Telecom industry in Italy. Total loss to shareholders of 12% over the past year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 18Full year 2021 earnings released: EPS: €0.033 (vs €0.099 in FY 2020)Full year 2021 results: EPS: €0.033 (down from €0.099 in FY 2020). Revenue: €18.4m (up 13% from FY 2020). Net income: €238.4k (down 66% from FY 2020). Profit margin: 1.3% (down from 4.3% in FY 2020). Over the next year, revenue is forecast to grow 27%, compared to a 6.5% growth forecast for the industry in Italy.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.83, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 36x in the Telecom industry in Italy. Total returns to shareholders of 2.9% over the past year.
分析記事 • Mar 08Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €3.60, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 42x in the Telecom industry in Italy.
お知らせ • Dec 30Convergenze S.p.A. has completed an IPO.Convergenze S.p.A. has completed an IPO. Security Name: Shares Security Type: Common Stock Price\Range: €1.75