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Convergenze. Società Benefit BIT:CVG Stock Report

Last Price

€1.61

Market Cap

€12.1m

7D

-4.7%

1Y

-21.8%

Updated

24 Sep, 2024

Data

Company Financials +

Convergenze S.p.A. Società Benefit

BIT:CVG Stock Report

Market Cap: €12.1m

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€1.61
52 Week High€2.26
52 Week Low€0.98
Beta0.090
11 Month Change-3.01%
3 Month Change-12.02%
1 Year Change-21.84%
33 Year Change-48.06%
5 Year Changen/a
Change since IPO-38.67%

Recent News & 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

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-4.7%-2.9%0.3%
1Y-21.8%-11.8%15.1%

Return vs Industry: CVG underperformed the Italian Telecom industry which returned -11.8% over the past year.

Return vs Market: CVG underperformed the Italian Market which returned 15.1% over the past year.

Price Volatility

Is CVG's price volatile compared to industry and market?
CVG volatility
CVG Average Weekly Movement6.2%
Telecom Industry Average Movement3.0%
Market Average Movement4.1%
10% most volatile stocks in IT Market6.5%
10% least volatile stocks in IT Market2.5%

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

Volatility Over Time: CVG's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Italian stocks.

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€12.07m
Earnings (TTM)€511.94k
Revenue (TTM)€22.65m

23.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVG income statement (TTM)
Revenue€22.65m
Cost of Revenue€16.21m
Gross Profit€6.44m
Other Expenses€5.93m
Earnings€511.94k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Sep 27, 2024

Earnings per share (EPS)0.068
Gross Margin28.43%
Net Profit Margin2.26%
Debt/Equity Ratio109.7%

How did CVG perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

29%

Payout Ratio