Converge Technology Solutions Corp.

TSX:CTS Stock Report

Market Cap: CA$1.2b

Converge Technology Solutions Future Growth

Future criteria checks 4/6

Converge Technology Solutions is forecast to grow earnings and revenue by 112.4% and 3.9% per annum respectively. EPS is expected to grow by 69.7% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

112.4%

Earnings growth rate

69.7%

EPS growth rate

IT earnings growth16.9%
Revenue growth rate3.9%
Future return on equity20.3%
Analyst coverage

Good

Last updated14 Mar 2024

Recent future growth updates

Recent updates

Converge Technology Solutions Corp. (TSE:CTS) Held Back By Insufficient Growth Even After Shares Climb 28%

Mar 16
Converge Technology Solutions Corp. (TSE:CTS) Held Back By Insufficient Growth Even After Shares Climb 28%

Converge Technology Solutions Corp.'s (TSE:CTS) Share Price Is Matching Sentiment Around Its Revenues

Jan 31
Converge Technology Solutions Corp.'s (TSE:CTS) Share Price Is Matching Sentiment Around Its Revenues

Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?

Nov 08
Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?

Some Investors May Be Worried About Converge Technology Solutions' (TSE:CTS) Returns On Capital

Oct 18
Some Investors May Be Worried About Converge Technology Solutions' (TSE:CTS) Returns On Capital

Should You Investigate Converge Technology Solutions Corp. (TSE:CTS) At CA$2.59?

Aug 11
Should You Investigate Converge Technology Solutions Corp. (TSE:CTS) At CA$2.59?

Here's What's Concerning About Converge Technology Solutions' (TSE:CTS) Returns On Capital

May 31
Here's What's Concerning About Converge Technology Solutions' (TSE:CTS) Returns On Capital

Is There Now An Opportunity In Converge Technology Solutions Corp. (TSE:CTS)?

May 11
Is There Now An Opportunity In Converge Technology Solutions Corp. (TSE:CTS)?

We Like These Underlying Return On Capital Trends At Converge Technology Solutions (TSE:CTS)

Feb 11
We Like These Underlying Return On Capital Trends At Converge Technology Solutions (TSE:CTS)

Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?

Jan 20
Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?

Is Now The Time To Look At Buying Converge Technology Solutions Corp. (TSE:CTS)?

Jan 04
Is Now The Time To Look At Buying Converge Technology Solutions Corp. (TSE:CTS)?

Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet

Nov 29
Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet

Converge Technology Solutions (TSE:CTS) Is Looking To Continue Growing Its Returns On Capital

Oct 04
Converge Technology Solutions (TSE:CTS) Is Looking To Continue Growing Its Returns On Capital

We Ran A Stock Scan For Earnings Growth And Converge Technology Solutions (TSE:CTS) Passed With Ease

Sep 16
We Ran A Stock Scan For Earnings Growth And Converge Technology Solutions (TSE:CTS) Passed With Ease

Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet

Aug 29
Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet

Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors

Aug 11
Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors

Converge Technology Solutions (TSE:CTS) Shareholders Will Want The ROCE Trajectory To Continue

Jun 28
Converge Technology Solutions (TSE:CTS) Shareholders Will Want The ROCE Trajectory To Continue

Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?

Jun 06
Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?

Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?

May 16
Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?

Converge Technology Solutions (TSE:CTS) Is Doing The Right Things To Multiply Its Share Price

Mar 18
Converge Technology Solutions (TSE:CTS) Is Doing The Right Things To Multiply Its Share Price

Earnings and Revenue Growth Forecasts

TSX:CTS - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,041N/A1562112
12/31/20252,9504213317711
12/31/20242,8101410716011
12/31/20232,705-1219230N/A
9/30/20232,695-11132145N/A
6/30/20232,499124864N/A
3/31/20232,3492783101N/A
12/31/20222,165271842N/A
9/30/20221,83137931N/A
6/30/20221,683214664N/A
3/31/20221,514104561N/A
12/31/20211,330168187N/A
9/30/20211,312103442N/A
6/30/20211,13561118N/A
3/31/20211,01711118N/A
12/31/2020949-44752N/A
9/30/2020874-48485N/A
6/30/2020829-116160N/A
3/31/2020759-95354N/A
12/31/2019688-112224N/A
9/30/2019609-17109N/A
6/30/2019565-1602N/A
3/31/2019510-2014N/A
12/31/2018459-18-11N/A
9/30/2018376-18814N/A
6/30/2018276-111721N/A
3/31/2018173-523N/A
12/31/201753-456N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: CTS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CTS is expected to become profitable in the next 3 years.

Revenue vs Market: CTS's revenue (3.9% per year) is forecast to grow slower than the Canadian market (6.2% per year).

High Growth Revenue: CTS's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CTS's Return on Equity is forecast to be high in 3 years time (20.3%)


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