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 growth | 16.9% |
Revenue growth rate | 3.9% |
Future return on equity | 20.3% |
Analyst coverage | Good |
Last updated | 14 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 16Converge Technology Solutions Corp.'s (TSE:CTS) Share Price Is Matching Sentiment Around Its Revenues
Jan 31Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
Nov 08Some Investors May Be Worried About Converge Technology Solutions' (TSE:CTS) Returns On Capital
Oct 18Should You Investigate Converge Technology Solutions Corp. (TSE:CTS) At CA$2.59?
Aug 11Here's What's Concerning About Converge Technology Solutions' (TSE:CTS) Returns On Capital
May 31Is There Now An Opportunity In Converge Technology Solutions Corp. (TSE:CTS)?
May 11We Like These Underlying Return On Capital Trends At Converge Technology Solutions (TSE:CTS)
Feb 11Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?
Jan 20Is Now The Time To Look At Buying Converge Technology Solutions Corp. (TSE:CTS)?
Jan 04Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Nov 29Converge Technology Solutions (TSE:CTS) Is Looking To Continue Growing Its Returns On Capital
Oct 04We Ran A Stock Scan For Earnings Growth And Converge Technology Solutions (TSE:CTS) Passed With Ease
Sep 16Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Aug 29Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors
Aug 11Converge Technology Solutions (TSE:CTS) Shareholders Will Want The ROCE Trajectory To Continue
Jun 28Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?
Jun 06Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
May 16Converge Technology Solutions (TSE:CTS) Is Doing The Right Things To Multiply Its Share Price
Mar 18Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 3,041 | N/A | 156 | 211 | 2 |
12/31/2025 | 2,950 | 42 | 133 | 177 | 11 |
12/31/2024 | 2,810 | 14 | 107 | 160 | 11 |
12/31/2023 | 2,705 | -1 | 219 | 230 | N/A |
9/30/2023 | 2,695 | -11 | 132 | 145 | N/A |
6/30/2023 | 2,499 | 12 | 48 | 64 | N/A |
3/31/2023 | 2,349 | 27 | 83 | 101 | N/A |
12/31/2022 | 2,165 | 27 | 18 | 42 | N/A |
9/30/2022 | 1,831 | 37 | 9 | 31 | N/A |
6/30/2022 | 1,683 | 21 | 46 | 64 | N/A |
3/31/2022 | 1,514 | 10 | 45 | 61 | N/A |
12/31/2021 | 1,330 | 16 | 81 | 87 | N/A |
9/30/2021 | 1,312 | 10 | 34 | 42 | N/A |
6/30/2021 | 1,135 | 6 | 11 | 18 | N/A |
3/31/2021 | 1,017 | 1 | 11 | 18 | N/A |
12/31/2020 | 949 | -4 | 47 | 52 | N/A |
9/30/2020 | 874 | -4 | 84 | 85 | N/A |
6/30/2020 | 829 | -11 | 61 | 60 | N/A |
3/31/2020 | 759 | -9 | 53 | 54 | N/A |
12/31/2019 | 688 | -11 | 22 | 24 | N/A |
9/30/2019 | 609 | -17 | 10 | 9 | N/A |
6/30/2019 | 565 | -16 | 0 | 2 | N/A |
3/31/2019 | 510 | -20 | 1 | 4 | N/A |
12/31/2018 | 459 | -18 | -1 | 1 | N/A |
9/30/2018 | 376 | -18 | 8 | 14 | N/A |
6/30/2018 | 276 | -11 | 17 | 21 | N/A |
3/31/2018 | 173 | -5 | 2 | 3 | N/A |
12/31/2017 | 53 | -4 | 5 | 6 | N/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%)