Professional
Added to YB: 2024-05-30
Pitch date: 2024-05-01
CTS.TO [bullish]
Converge Technology Solutions Corp.
+14.87%
current return
Author Info
No bio for this author
Company Info
Converge Technology Solutions Corp., together with its subsidiaries, provides software-enabled IT and cloud solutions in the United States, Canada, Germany, rest of Europe, the United Kingdom, and Ireland.
Market Cap
CAD 1.1B
Pitch Price
CAD 5.21
Price Target
N/A
Dividend
1.01%
EV/EBITDA
9.58
P/E
-6.62
EV/Sales
0.49
Sector
IT Services
Category
value
Donville Kent Asset Management Portfolio Holding: Converge Technology Solutions Corp.
CTS.TO: Converge sells tech like NVIDIA chips & IBM Watson, installs & maintains for clients. Rides AI & tech upgrade spend wave by being one-stop-shop. Service biz drives margin expansion. Strong organic growth & FCF, still trades very cheap.
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