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. provides software-enabled IT and cloud solutions. Its products and services include advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings.
Market Cap
CAD 1.1B
Pitch Price
CAD 3.36
Price Target
6.74 (+13%)
Dividend
N/A
EV/EBITDA
9.62
P/E
-6.66
EV/Sales
0.50
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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