Convergenze. Società Benefit Past Earnings Performance
Past criteria checks 2/6
Convergenze. Società Benefit's earnings have been declining at an average annual rate of -17.7%, while the Telecom industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 10.4% per year. Convergenze. Società Benefit's return on equity is 17.9%, and it has net margins of 4.4%.
Key information
-17.7%
Earnings growth rate
-4.5%
EPS growth rate
| Telecom Industry Growth | 20.3% |
| Revenue growth rate | 10.4% |
| Return on equity | 17.9% |
| Net Margin | 4.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance 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's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price
Jan 24Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 18Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around
Oct 26There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding
Sep 21Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return
Mar 08Revenue & Expenses Breakdown
How Convergenze. Società Benefit makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 24 | 1 | 4 | 0 |
| 31 Mar 24 | 23 | 1 | 4 | 0 |
| 31 Dec 23 | 23 | 1 | 4 | 0 |
| 30 Sep 23 | 24 | 0 | 4 | 0 |
| 30 Jun 23 | 26 | 0 | 4 | 0 |
| 31 Mar 23 | 27 | -1 | 4 | 0 |
| 31 Dec 22 | 28 | -1 | 4 | 0 |
| 30 Sep 22 | 25 | -1 | 3 | 0 |
| 30 Jun 22 | 22 | -1 | 3 | 0 |
| 31 Mar 22 | 20 | 0 | 3 | 0 |
| 31 Dec 21 | 18 | 0 | 3 | 0 |
| 30 Sep 21 | 18 | 0 | 3 | 0 |
| 30 Jun 21 | 17 | 1 | 3 | 0 |
| 31 Mar 21 | 17 | 1 | 2 | 0 |
| 31 Dec 20 | 16 | 1 | 2 | 0 |
| 30 Sep 20 | 16 | 1 | 2 | 0 |
| 30 Jun 20 | 16 | 1 | 2 | 0 |
| 31 Mar 20 | 17 | 1 | 2 | 0 |
| 31 Dec 19 | 17 | 1 | 2 | 0 |
| 31 Dec 18 | 14 | 0 | 2 | 0 |
| 31 Dec 17 | 12 | 0 | 1 | 0 |
Quality Earnings: CVG has high quality earnings.
Growing Profit Margin: CVG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVG's earnings have declined by 17.7% per year over the past 5 years.
Accelerating Growth: CVG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CVG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (0.2%).
Return on Equity
High ROE: CVG's Return on Equity (17.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Convergenze S.p.A. Società Benefit is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luigi Tardella | EnVent Capital Markets Limited |
| Mattia Petracca | Integrae SPA |