Converge Information and Communications Technology Solutions Past Earnings Performance
Past criteria checks 2/6
Converge Information and Communications Technology Solutions has been growing earnings at an average annual rate of 13.7%, while the Telecom industry saw earnings growing at 4.6% annually. Revenues have been growing at an average rate of 12.4% per year. Converge Information and Communications Technology Solutions's return on equity is 17.4%, and it has net margins of 25.1%.
Key information
13.69%
Earnings growth rate
12.51%
EPS growth rate
| Telecom Industry Growth | 11.47% |
| Revenue growth rate | 12.39% |
| Return on equity | 17.41% |
| Net Margin | 25.08% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
CNVRG: Index Removal And Updated Guidance Will Set Up Future Upside
Analysts have trimmed their price target for Converge Information and Communications Technology Solutions to about ₱18.26 from around ₱20.27, reflecting updated expectations for slightly lower revenue growth, profit margins and future P/E, along with a modestly adjusted discount rate. What's in the News Converge Information and Communications Technology Solutions issued updated earnings guidance for full year 2026, with management now projecting revenue growth in the mid single digit range of 4% to 6%.
CNVRG: Index Removal Will Highlight Potential Upside From Stronger Profitability
Analysts have adjusted their price target for Converge Information and Communications Technology Solutions from ₱16.30 to ₱13.80, citing updated assumptions for discount rate, revenue growth, profit margins, and a lower future P/E multiple. What's in the News for Converge Information and Communications Technology Solutions Converge Information and Communications Technology Solutions, Inc.Fiber Port Glut And Margin Pressure Will Test Infrastructure Expansion Yet Support Long-Term Potential
Catalysts About Converge Information and Communications Technology Solutions Converge Information and Communications Technology Solutions provides fixed broadband connectivity and related digital infrastructure services across the Philippines. What are the underlying business or industry changes driving this perspective?
Unused Fiber Capacity And Data Center Expansion Will Power Long-Term Upside Potential
Catalysts About Converge Information and Communications Technology Solutions Converge Information and Communications Technology Solutions provides fixed broadband connectivity and related digital infrastructure services across the Philippines. What are the underlying business or industry changes driving this perspective?CNVRG: Dividend Momentum Will Support Future Upside Despite Slightly Higher Discount Rate
Analysts have nudged their price target for Converge Information and Communications Technology Solutions slightly lower to ₱20.27 from ₱20.37. This reflects updated views on a higher discount rate, firmer revenue growth expectations, a softer profit margin outlook, and a marginally adjusted future P/E assumption.CNVRG: Dividend Visibility And Fiber Reach Will Support Future Upside
Analysts have slightly fine tuned their assumptions on discount rate, revenue growth, profit margin, and future P/E for Converge Information and Communications Technology Solutions, and have kept their fair value estimate steady at around ₱20.37 per share, which frames the latest price target update without signaling a clear shift in conviction. What's in the News Annual cash dividend of ₱0.4900 per share announced, payable on April 1, 2026, with ex-date on March 19, 2026, and record date on March 23, 2026 (Key Developments).CNVRG: Dividend Outlook Will Support Upside As Fiber Access Expands
Analysts have kept their price target for Converge Information and Communications Technology Solutions steady at around ₱20.37, reflecting largely unchanged assumptions on growth, profitability, discount rate, and future P/E multiples. What's in the News The company announced an annual dividend of ₱0.4900 per share, with payment scheduled for April 1, 2026, ex-date on March 19, 2026, and record date on March 23, 2026 (Key Developments).CNVRG: Dividend Commitment And Network Access Expansion Will Support Future Upside
Analysts have made a small downward adjustment to their price target for Converge Information and Communications Technology Solutions, trimming it by about ₱0.23 as they fine tune assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E levels. What's in the News Announced an annual dividend of ₱0.4900 per share, payable on April 1, 2026, with ex-date on March 19, 2026 and record date on March 23, 2026 (Key Developments).CNVRG: Dividend Plans And Fiber Network Reach Will Support Future Upside
Analysts have trimmed their price target for Converge Information and Communications Technology Solutions from ₱21.65 to about ₱20.60. This reflects updated views on fair value, discount rate, revenue growth and profit margin assumptions.Bifrost And South Asia-Hongkong Cables Will Boost Global Connectivity
The marginal reduction in the consensus Analyst Price Target for Converge ICT is primarily driven by a slight downgrade in revenue growth forecasts, bringing the fair value estimate down modestly from ₱22.05 to ₱21.65. What's in the News Board meeting held to appoint Ms. Arlene G.
Bifrost And South Asia-Hongkong Cables Will Boost Global Connectivity
Strategic investments in data centers, cable systems, and AI-driven customer service aim to enhance capacity, reduce costs, and drive revenue growth.Revenue & Expenses Breakdown
How Converge Information and Communications Technology Solutions 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 26 | 45,435 | 11,395 | 12,477 | 0 |
| 31 Mar 26 | 45,166 | 11,859 | 12,040 | 0 |
| 31 Dec 25 | 44,770 | 11,858 | 11,814 | 0 |
| 30 Sep 25 | 43,644 | 11,501 | 12,159 | 0 |
| 30 Jun 25 | 42,871 | 11,467 | 11,516 | 0 |
| 31 Mar 25 | 41,867 | 11,280 | 10,980 | 0 |
| 31 Dec 24 | 40,610 | 10,813 | 10,606 | 0 |
| 30 Sep 24 | 39,049 | 10,941 | 8,669 | 0 |
| 30 Jun 24 | 37,516 | 10,106 | 8,269 | 0 |
| 31 Mar 24 | 36,257 | 9,476 | 8,331 | 0 |
| 31 Dec 23 | 35,359 | 9,097 | 8,062 | 0 |
| 30 Sep 23 | 35,463 | 7,700 | 8,954 | 0 |
| 30 Jun 23 | 35,004 | 7,773 | 8,689 | 0 |
| 31 Mar 23 | 34,590 | 7,641 | 8,248 | 0 |
| 31 Dec 22 | 33,696 | 7,439 | 8,261 | 0 |
| 30 Sep 22 | 32,129 | 8,067 | 7,701 | 0 |
| 30 Jun 22 | 30,751 | 7,857 | 7,093 | 0 |
| 31 Mar 22 | 28,679 | 7,579 | 6,398 | 0 |
| 31 Dec 21 | 26,479 | 7,158 | 5,556 | 0 |
| 30 Sep 21 | 23,806 | 6,396 | 5,237 | 0 |
| 30 Jun 21 | 20,944 | 5,381 | 4,732 | 0 |
| 31 Mar 21 | 18,178 | 4,363 | 4,005 | 0 |
| 31 Dec 20 | 15,652 | 3,388 | 3,493 | 0 |
| 30 Sep 20 | 13,423 | 2,430 | 2,806 | 0 |
| 30 Jun 20 | 11,687 | 2,008 | 2,436 | 0 |
| 31 Mar 20 | 10,189 | 1,714 | 2,201 | 0 |
| 31 Dec 19 | 9,139 | 1,960 | 1,945 | 0 |
| 01 Jan 19 | 5,055 | 1,257 | 1,038 | 0 |
| 31 Dec 17 | 2,940 | 1,231 | 513 | 0 |
| 31 Dec 16 | 1,894 | 574 | 356 | 0 |
Quality Earnings: CNVRG has high quality earnings.
Growing Profit Margin: CNVRG's current net profit margins (25.1%) are lower than last year (26.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNVRG's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: CNVRG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNVRG had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Telecom industry average (11.5%).
Return on Equity
High ROE: CNVRG's Return on Equity (17.4%) 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 | 2026/09/16 16:59 |
| End of Day Share Price | 2026/09/16 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Converge Information and Communications Technology Solutions, Inc. is covered by 11 analysts. 8 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 |
|---|---|
| Emeterio Gonzales | BofA Global Research |
| Ryle Mungcal | BofA Global Research |
| Eunice Dolatre | CGS International |