Converge Technology Solutions Corp.

    Converge Technology Solutions Corp.

    TTSX:CTS
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    CAD
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    Share Statistics

    As of December 31, 2024, Converge Technology Solutions Corp. has 188.61M shares outstanding.

    Shares Outstanding188.61M

    Valuation Ratios

    These figures are as of December 31, 2024. The price-to-sales ratio is 0.25, and the price-to-book ratio stands at 2.08.

    PS Ratio0.25
    PB Ratio2.08
    P/TBV Ratio-2.09
    P/FCF Ratio2.39
    P/OCF Ratio2.42

    Enterprise Valuation

    As of December 31, 2024, Converge Technology Solutions Corp. trades at an EV/EBITDA multiple of 4.74 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.30 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 12.56 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Converge Technology Solutions Corp. trades at an EV/FCF ratio of 2.54, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales0.30
    EV / EBITDA4.74
    EV / EBIT12.56
    EV / FCF2.54

    Financial Position

    As of December 31, 2024, Converge Technology Solutions Corp. maintains a current ratio of 0.93, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 71.39, indicating elevated leverage, while an interest coverage ratio of 5.21 demonstrates adequate ability to service its debt obligations.

    Current Ratio0.93
    Quick Ratio0.86
    Debt / Equity71.39
    Debt / EBITDA1.59
    Interest Coverage5.21

    Financial Efficiency

    Over the twelve months ended December 31, 2024, Converge Technology Solutions Corp. posted a negative return on equity (ROE) of -40.17, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -8.19, reflecting losses generated across the asset base. Return on capital employed (ROCE) is 443.53, useful for judging operating efficiency across full business cycles. Inventory turnover of 27.93 indicates how many times Converge Technology Solutions Corp. sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)-40.17
    Return on Assets (ROA)-8.19
    Return on Capital Employed (ROCE)443.53
    Inventory Turnover27.93

    Taxes

    These figures cover the twelve months ended December 31, 2024. That works out to an effective tax rate of 12,742.86, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate12,742.86

    Margins

    Over the twelve months ended December 31, 2024, Converge Technology Solutions Corp. posted a gross margin of 26.68, reflecting its pricing power and cost economics. The operating margin of 2.35 and net profit margin of -6.86 provide insight into operational efficiency.

    Gross Margin26.68
    Operating Margin2.35
    Pretax Margin-7.74
    Profit Margin-6.86
    EBITDA Margin6.23

    Dividends & Yields

    These figures cover the twelve months ended December 31, 2024. The dividend payout ratio of -5.85 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 41.86, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 40.56, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Converge Technology Solutions Corp. shareholders.

    Payout Ratio-5.85
    Shareholder Yield40.56
    FCF Yield41.86

    Stock Splits

    Converge Technology Solutions Corp.'s most recent stock split took place on November 13, 2018 with a 16:5 split ratio.

    Last Split Date11/13/2018
    Split Ratio16:5

    Scores

    As of December 31, 2024, Converge Technology Solutions Corp. has an Altman Z-Score of 1.76, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score1.76