Converge Technology Solutions (Converge Technology Solutions) EV-to-EBIT : 44.86 (As of May. 27, 2024)

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What is Converge Technology Solutions EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Converge Technology Solutions's Enterprise Value is $835 Mil. Converge Technology Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $19 Mil. Therefore, Converge Technology Solutions's EV-to-EBIT for today is 44.86.

The historical rank and industry rank for Converge Technology Solutions's EV-to-EBIT or its related term are showing as below:

CTSDF' s EV-to-EBIT Range Over the Past 10 Years
Min: -673.39 Med: 49.48 Max: 142.67
Current: 45.75

During the past 6 years, the highest EV-to-EBIT of Converge Technology Solutions was 142.67. The lowest was -673.39. And the median was 49.48.

CTSDF's EV-to-EBIT is ranked worse than
80.67% of 1676 companies
in the Software industry
Industry Median: 17.775 vs CTSDF: 45.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Converge Technology Solutions's Enterprise Value for the quarter that ended in Mar. 2024 was $989 Mil. Converge Technology Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $19 Mil. Converge Technology Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.88%.

Converge Technology Solutions EV-to-EBIT Historical Data

The historical data trend for Converge Technology Solutions's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Converge Technology Solutions EV-to-EBIT Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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79.11

45.89

66.68

32.38

47.67

Converge Technology Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial															27.43	32.46	53.75	47.67	53.09

Competitive Comparison of Converge Technology Solutions's EV-to-EBIT

For the Information Technology Services subindustry, Converge Technology Solutions's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Converge Technology Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Converge Technology Solutions's EV-to-EBIT falls into.

Converge Technology Solutions EV-to-EBIT Calculation

Converge Technology Solutions's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	834.538	/	18.604
	=	44.86

Converge Technology Solutions's current Enterprise Value is $835 Mil.
Converge Technology Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $19 Mil.

Converge Technology Solutions (OTCPK:CTSDF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Converge Technology Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 )	=	EBIT	/	Enterprise Value (Q: Mar. 2024 )
	=	18.604	/	988.6751
	=	1.88 %

Converge Technology Solutions's Enterprise Value for the quarter that ended in Mar. 2024 was $989 Mil.
Converge Technology Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $19 Mil.

Converge Technology Solutions EV-to-EBIT Related Terms

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Converge Technology Solutions (Converge Technology Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (OTCPK:CTSDF) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

0ZB:Germany CTS:Canada

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6

Website

https://www.convergetp.com

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.