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Convergenze. Società Benefit BIT:CVG Stock Report

Last Price

€1.83

Market Cap

€13.9m

7D

-2.7%

1Y

50.0%

Updated

19 Nov, 2024

Data

Company Financials +

Convergenze S.p.A. Società Benefit

BIT:CVG Stock Report

Market Cap: €13.9m

Convergenze S.p.A. Società Benefit Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Convergenze. Società Benefit
Historical stock prices
Current Share Price€1.83
52 Week High€1.99
52 Week Low€1.08
Beta0.051
11 Month Change-4.19%
3 Month Change10.91%
1 Year Change50.00%
33 Year Change-47.11%
5 Year Changen/a
Change since IPO-30.29%

Recent News & Updates

Recent updates

Convergenze S.p.A. Società Benefit (BIT:CVG) Shares Could Be 32% Below Their Intrinsic Value Estimate

May 04
Convergenze S.p.A. Società Benefit (BIT:CVG) Shares Could Be 32% Below Their Intrinsic Value Estimate

Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Jan 24
Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Dec 18
Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around

Oct 26
Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around

There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding

Sep 21
There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding

Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return

Mar 08
Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return

Shareholder Returns

CVGIT TelecomIT Market
7D-2.7%0.1%-1.2%
1Y50.0%-9.8%12.7%

Return vs Industry: CVG exceeded the Italian Telecom industry which returned -9.8% over the past year.

Return vs Market: CVG exceeded the Italian Market which returned 12.7% over the past year.

Price Volatility

Is CVG's price volatile compared to industry and market?
CVG volatility
CVG Average Weekly Movement4.5%
Telecom Industry Average Movement4.2%
Market Average Movement4.1%
10% most volatile stocks in IT Market7.2%
10% least volatile stocks in IT Market2.4%

Stable Share Price: CVG has not had significant price volatility in the past 3 months compared to the Italian market.

Volatility Over Time: CVG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200589Rosario Pingaroconvergenze.it

Convergenze S.p.A. Società Benefit provides Internet services, voice, energy, and natural gas services. The company offers fiber optic network and WiFi; fixed telephony services; and value-added services such as cloud services, datacenter, and virtualization services. It also provides electricity supply service for the households and business customers; charging points for electric cars; and natural gas supply services.

Convergenze S.p.A. Società Benefit Fundamentals Summary

How do Convergenze. Società Benefit's earnings and revenue compare to its market cap?
CVG fundamental statistics
Market cap€13.88m
Earnings (TTM)€1.07m
Revenue (TTM)€24.24m

12.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVG income statement (TTM)
Revenue€24.24m
Cost of Revenue€16.59m
Gross Profit€7.65m
Other Expenses€6.58m
Earnings€1.07m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin31.56%
Net Profit Margin4.42%
Debt/Equity Ratio94.4%

How did CVG perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

14%

Payout Ratio