Converge Technology Solutions Stock Book Value Per Share
CTSDF Stock | USD 2.30 0.09 3.77% |
Converge Technology Solutions fundamentals help investors to digest information that contributes to Converge Technology's financial success or failures. It also enables traders to predict the movement of Converge OTC Stock. The fundamental analysis module provides a way to measure Converge Technology'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 Technology otc stock.
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Converge Technology Solutions OTC Stock Book Value Per Share Analysis
Converge Technology's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Converge Technology Book Value Per Share | 2.89 X |
Most of Converge Technology's fundamental indicators, such as Book Value Per Share, 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 Technology Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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In accordance with the recently published financial statements, the book value per share of Converge Technology Solutions is about 2.889 times. This is 92.95% lower than that of the Technology sector and 79.97% lower than that of the Information Technology Services industry. The book value per share for all United States stocks is 99.85% higher than that of the company.
Converge Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Converge Technology's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Converge Technology could also be used in its relative valuation, which is a method of valuing Converge Technology by comparing valuation metrics of similar companies.Converge Technology is rated fourth in book value per share category among its peers.
Converge Fundamentals
Return On Equity | 0.0554 | |||
Return On Asset | 0.0217 | |||
Profit Margin | 0.02 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 880.71 M | |||
Shares Outstanding | 210.32 M | |||
Shares Owned By Insiders | 4.88 % | |||
Shares Owned By Institutions | 32.19 % | |||
Price To Earning | 53.86 X | |||
Price To Book | 1.68 X | |||
Price To Sales | 0.31 X | |||
Revenue | 1.53 B | |||
Gross Profit | 345.7 M | |||
EBITDA | 71.36 M | |||
Net Income | 15.95 M | |||
Cash And Equivalents | 184.18 M | |||
Cash Per Share | 0.86 X | |||
Total Debt | 412 K | |||
Debt To Equity | 0.33 % | |||
Current Ratio | 0.99 X | |||
Book Value Per Share | 2.89 X | |||
Cash Flow From Operations | 87.06 M | |||
Earnings Per Share | 0.11 X | |||
Number Of Employees | 14 | |||
Beta | 1.94 | |||
Market Capitalization | 850.01 M | |||
Total Asset | 1.37 B | |||
Net Asset | 1.37 B |
About Converge Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Converge Technology Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Converge Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Converge Technology Solutions based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Converge OTC Stock
Converge Technology financial ratios help investors to determine whether Converge OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Converge with respect to the benefits of owning Converge Technology security.