Converge Information and Communications Technology Solutions Future Growth
Future criteria checks 1/6
Converge Information and Communications Technology Solutions is forecast to grow earnings and revenue by 6.2% and 5.6% per annum respectively. EPS is expected to grow by 5.8% per annum. Return on equity is forecast to be 15.6% in 3 years.
Key information
6.2%
Earnings growth rate
5.8%
EPS growth rate
Telecom earnings growth | 9.1% |
Revenue growth rate | 5.6% |
Future return on equity | 15.6% |
Analyst coverage | Good |
Last updated | 28 Mar 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 42,761 | 10,948 | 9,358 | 21,146 | 2 |
12/31/2025 | 40,529 | 10,196 | 6,760 | 19,594 | 6 |
12/31/2024 | 38,112 | 9,449 | 2,862 | 19,193 | 5 |
12/31/2023 | 35,359 | 9,097 | 8,773 | 17,629 | N/A |
9/30/2023 | 35,463 | 7,700 | 5,962 | 13,539 | N/A |
6/30/2023 | 35,004 | 7,773 | 1,932 | 12,773 | N/A |
3/31/2023 | 34,590 | 7,641 | -1,848 | 14,759 | N/A |
12/31/2022 | 33,696 | 7,439 | -7,587 | 11,605 | N/A |
9/30/2022 | 32,129 | 8,067 | -10,008 | 10,151 | N/A |
6/30/2022 | 30,751 | 7,857 | -11,072 | 7,932 | N/A |
3/31/2022 | 28,679 | 7,579 | -13,777 | 7,438 | N/A |
12/31/2021 | 26,479 | 7,158 | -11,601 | 7,648 | N/A |
9/30/2021 | 23,806 | 6,396 | -12,170 | 9,229 | N/A |
6/30/2021 | 20,944 | 5,381 | -11,013 | 9,892 | N/A |
3/31/2021 | 18,178 | 4,363 | -5,205 | 8,259 | N/A |
12/31/2020 | 15,652 | 3,388 | -6,972 | 7,299 | N/A |
9/30/2020 | 13,423 | 2,430 | -7,371 | 4,211 | N/A |
6/30/2020 | 11,687 | 2,008 | -6,892 | 1,516 | N/A |
3/31/2020 | 10,189 | 1,714 | -8,148 | 1,953 | N/A |
12/31/2019 | 9,139 | 1,960 | -5,597 | 1,685 | N/A |
1/1/2019 | 5,055 | 1,257 | -2,057 | 2,032 | N/A |
12/31/2017 | 2,940 | 1,231 | -264 | 1,430 | N/A |
12/31/2016 | 1,894 | 574 | N/A | 475 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNVRG's forecast earnings growth (6.2% per year) is above the savings rate (5.1%).
Earnings vs Market: CNVRG's earnings (6.2% per year) are forecast to grow slower than the PH market (11.8% per year).
High Growth Earnings: CNVRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNVRG's revenue (5.6% per year) is forecast to grow slower than the PH market (7.4% per year).
High Growth Revenue: CNVRG's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNVRG's Return on Equity is forecast to be low in 3 years time (15.6%).