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Converge Technology Solutions (Converge Technology Solutions) 3-Year FCF Growth Rate : 32.70% (As of Mar. 2024)


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What is Converge Technology Solutions 3-Year FCF Growth Rate?

Converge Technology Solutions's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.40.

During the past 12 months, Converge Technology Solutions's average Free Cash Flow per Share Growth Rate was 282.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 32.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 6 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Converge Technology Solutions was 32.70% per year. The lowest was -34.40% per year. And the median was -0.85% per year.


Competitive Comparison of Converge Technology Solutions's 3-Year FCF Growth Rate

For the Information Technology Services subindustry, Converge Technology Solutions's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Converge Technology Solutions's 3-Year FCF Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Converge Technology Solutions's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Converge Technology Solutions's 3-Year FCF Growth Rate falls into.



Converge Technology Solutions 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Converge Technology Solutions  (OTCPK:CTSDF) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Converge Technology Solutions 3-Year FCF Growth Rate Related Terms

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Converge Technology Solutions (Converge Technology Solutions) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.