Converge Information Communications Stock Return On Equity
| CNVRG Stock | 15.80 0.06 0.38% |
Converge Information Communications fundamentals help investors to digest information that contributes to Converge Information's financial success or failures. It also enables traders to predict the movement of Converge Stock. The fundamental analysis module provides a way to measure Converge Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Converge Information stock.
Converge |
Converge Information Communications Company Return On Equity Analysis
Converge Information's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Converge Information Return On Equity | 24.7 |
Most of Converge Information's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Converge Information Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Converge Information Communications has a Return On Equity of 24.6976. This is 305.3% lower than that of the Technology sector and significantly higher than that of the Telecommunications Services industry. The return on equity for all Philippines stocks is notably lower than that of the firm.
Converge Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Converge Information's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Converge Information could also be used in its relative valuation, which is a method of valuing Converge Information by comparing valuation metrics of similar companies.Converge Information is rated second in return on equity category among its peers.
Converge Fundamentals
| Return On Equity | 24.7 | |||
| Revenue | 26.48 B | |||
| Net Income | 9.55 B | |||
| Cash And Equivalents | 1.23 B | |||
| Total Debt | 19.24 B | |||
| Cash Flow From Operations | 7.65 B | |||
| Earnings Per Share | 1.05 X | |||
| Market Capitalization | 87.2 B | |||
| Total Asset | 81.86 B | |||
| Z Score | 2.4 | |||
| Net Asset | 81.86 B |
About Converge Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Converge Information Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Converge Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Converge Information Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Converge Stock Analysis
When running Converge Information's price analysis, check to measure Converge Information's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Converge Information is operating at the current time. Most of Converge Information's value examination focuses on studying past and present price action to predict the probability of Converge Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Converge Information's price. Additionally, you may evaluate how the addition of Converge Information to your portfolios can decrease your overall portfolio volatility.