Converge Technology Solutions Stock Return On Asset
| 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.
Converge |
Converge Technology Solutions OTC Stock Return On Asset Analysis
Converge Technology's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Converge Technology Return On Asset | 0.0217 |
Most of Converge Technology's fundamental indicators, such as Return On Asset, 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Converge Technology Solutions has a Return On Asset of 0.0217. This is 100.75% lower than that of the Technology sector and 98.74% lower than that of the Information Technology Services industry. The return on asset for all United States stocks is 115.5% lower than that of the firm.
Converge Return On Asset 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 Return On Asset 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 below average in return on asset 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.