Added to YB: 2024-12-13
Pitch date: 2024-12-13
CTS.TO [bullish]
Converge Technology Solutions Corp.
+78.27%
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 3.36
Price Target
6.74 (+13%)
Dividend
1.01%
EV/EBITDA
9.58
P/E
-6.62
EV/Sales
0.49
Sector
IT Services
Category
value
Converge Technology Solutions (CTS.TO): Re-Rating Potential in a Consolidating IT Market
CTS.TO: Revenue growth acceleration, margin expansion (6->8% EBITDA), multiple expansion potential. LSD-MSD topline growth. M&A paused for integration & cash conversion. High FCF yield & buyback. Attractive roll-up space. 100% upside potential. Good setup for re-rating.
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