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Converge Information and Communications Technology Solutions PSE:CNVRG Stock Report

Last Price

₱9.09

Market Cap

₱66.1b

7D

-2.8%

1Y

-26.7%

Updated

18 Apr, 2024

Data

Company Financials +

Converge Information and Communications Technology Solutions, Inc.

PSE:CNVRG Stock Report

Market Cap: ₱66.1b

Converge Information and Communications Technology Solutions, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Converge Information and Communications Technology Solutions
Historical stock prices
Current Share Price₱9.09
52 Week High₱12.76
52 Week Low₱7.63
Beta0.92
1 Month Change-0.55%
3 Month Change3.41%
1 Year Change-26.69%
3 Year Change-51.65%
5 Year Changen/a
Change since IPO-40.28%

Recent News & Updates

Recent updates

Shareholder Returns

CNVRGPH TelecomPH Market
7D-2.8%-1.0%-2.0%
1Y-26.7%-2.4%-1.2%

Return vs Industry: CNVRG underperformed the PH Telecom industry which returned -2.7% over the past year.

Return vs Market: CNVRG underperformed the PH Market which returned -1.2% over the past year.

Price Volatility

Is CNVRG's price volatile compared to industry and market?
CNVRG volatility
CNVRG Average Weekly Movement4.9%
Telecom Industry Average Movement4.7%
Market Average Movement4.9%
10% most volatile stocks in PH Market11.4%
10% least volatile stocks in PH Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
20073,379Dennis Anthony Uywww.convergeict.com

Converge Information and Communications Technology Solutions, Inc. provides optic fiber fixed broadband network and internet services in the Philippines. It operates in two segments: Residential Business and Enterprise Business. The company offers fiber broadband residential plans comprising FiberX, a residential broadband services via fiber-to-the-home (FTTH) connection under FiberX brand; BIDA Fiber, a postpaid FTTH brand; Surf2Sawa, a prepaid fiber product which allows to have unlimited fiber connectivity; FiberX Time-of-Day allows the option to customize and adjust the speed available in accordance with usage at a given time; The Game Changer, a subscription which includes a free gaming router with high bandwidth, high prioritization with low packet loss, low jitter, and low latency; and HomeBase, a plan for small home-based businesses and start-ups.

Converge Information and Communications Technology Solutions, Inc. Fundamentals Summary

How do Converge Information and Communications Technology Solutions's earnings and revenue compare to its market cap?
CNVRG fundamental statistics
Market cap₱66.05b
Earnings (TTM)₱9.10b
Revenue (TTM)₱35.36b

7.3x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNVRG income statement (TTM)
Revenue₱35.36b
Cost of Revenue₱13.11b
Gross Profit₱22.25b
Other Expenses₱13.15b
Earnings₱9.10b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.25
Gross Margin62.92%
Net Profit Margin25.73%
Debt/Equity Ratio77.9%

How did CNVRG perform over the long term?

See historical performance and comparison
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