Converge Technology Solutions Corp.

OTCPK:CTSD.F Stock Report

Market Cap: US$439.3m

Converge Technology Solutions Valuation

Is CTSD.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CTSD.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CTSD.F ($2.3) is trading below our estimate of fair value ($8.44)

Significantly Below Fair Value: CTSD.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CTSD.F?

Key metric: As CTSD.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CTSD.F. This is calculated by dividing CTSD.F's market cap by their current revenue.
What is CTSD.F's PS Ratio?
PS Ratio0.2x
SalesCA$2.56b
Market CapCA$631.33m

Price to Sales Ratio vs Peers

How does CTSD.F's PS Ratio compare to its peers?

The above table shows the PS ratio for CTSD.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
UIS Unisys
0.2x3.4%US$453.6m
CINT CI&T
2.2x15.2%US$822.0m
BBAI BigBear.ai Holdings
5x16.5%US$779.3m
HCKT Hackett Group
2.8x5.9%US$850.2m
CTSD.F Converge Technology Solutions
0.2x1.4%US$631.3m

Price-To-Sales vs Peers: CTSD.F is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does CTSD.F's PS Ratio compare vs other companies in the US IT Industry?

27 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.6x9.9%
CTSD.F Converge Technology Solutions
 0.2x1.4%US$439.32m
KD Kyndryl Holdings
0.5x1.6%US$8.02b
DXC DXC Technology
0.3x-2.0%US$3.73b
CTSD.F 0.2xIndustry Avg. 2.6xNo. of Companies26PS02.44.87.29.612+
27 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.6x14.2%
CTSD.F Converge Technology Solutions
 0.2x136.4%US$439.32m
No more companies

Price-To-Sales vs Industry: CTSD.F is good value based on its Price-To-Sales Ratio (0.2x) compared to the US IT industry average (2.6x).

Price to Sales Ratio vs Fair Ratio

What is CTSD.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CTSD.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: CTSD.F is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CTSD.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.30
US$3.52
+53.1%
16.5%US$4.54US$2.79n/a11
Dec ’25US$2.34
US$3.60
+53.9%
16.5%US$4.64US$2.86n/a11
Nov ’25US$2.15
US$4.14
+92.7%
25.3%US$6.46US$2.87n/a11
Oct ’25US$3.40
US$4.85
+42.8%
18.2%US$6.67US$3.34n/a11
Sep ’25US$3.43
US$4.77
+39.1%
18.2%US$6.55US$3.28n/a11
Aug ’25US$2.98
US$5.05
+69.4%
14.5%US$6.60US$3.67n/a11
Jul ’25US$3.12
US$5.02
+60.9%
14.0%US$6.59US$3.66n/a12
Jun ’25US$3.47
US$5.04
+45.2%
14.5%US$6.58US$3.66n/a11
May ’25US$3.80
US$4.96
+30.5%
15.5%US$6.59US$3.66n/a11
Apr ’25US$4.15
US$4.99
+20.2%
15.7%US$6.65US$3.70n/a11
Mar ’25US$3.76
US$4.38
+16.5%
15.6%US$5.39US$3.16n/a11
Feb ’25US$3.53
US$4.38
+24.1%
15.6%US$5.39US$3.16n/a11
Jan ’25US$3.13
US$4.18
+33.6%
18.0%US$5.30US$2.92n/a11
Dec ’24US$3.01
US$4.18
+38.8%
18.0%US$5.30US$2.92US$2.3411
Nov ’24US$1.99
US$3.89
+95.2%
25.3%US$5.29US$2.19US$2.1511
Oct ’24US$2.06
US$3.97
+92.6%
25.3%US$5.39US$2.23US$3.4011
Sep ’24US$2.08
US$3.97
+90.7%
25.3%US$5.39US$2.23US$3.4311
Aug ’24US$2.38
US$4.41
+85.3%
22.2%US$5.85US$2.26US$2.9811
Jul ’24US$2.42
US$4.41
+82.2%
22.2%US$5.85US$2.26US$3.1211
Jun ’24US$2.77
US$4.29
+54.9%
22.3%US$5.74US$2.22US$3.4713
May ’24US$2.44
US$5.51
+126.0%
15.9%US$7.33US$3.85US$3.8013
Apr ’24US$3.00
US$5.47
+82.5%
15.9%US$7.28US$3.82US$4.1513
Mar ’24US$3.33
US$5.99
+79.8%
15.7%US$7.47US$3.92US$3.7613
Feb ’24US$4.33
US$6.51
+50.3%
16.8%US$7.84US$3.92US$3.5313
Jan ’24US$3.39
US$6.42
+89.5%
16.3%US$7.69US$3.85US$3.1314
Dec ’23US$3.70
US$6.90
+86.5%
19.1%US$10.48US$4.87US$3.0114

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Converge Technology Solutions Corp. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin MayBerenberg
Deepak KaushalBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity