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Convergenze SpAMIL:CVG +2.11%84 Current Ratio is 0.74 as of Dec. 2025, which is at its 10-year median of 0.74. GuruFocus rates MIL:CVG with a GF Score™ of 84/100 and a GF Value™ of €1.98 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 366 Telecommunication Services companies, Convergenze SpA ranks worse than 71.58% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Convergenze SpA's current ratio for the quarter that ended in Dec. 2025 was 0.74.
Convergenze SpA has a current ratio of 0.74. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Convergenze SpA has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Convergenze SpA's Current Ratio or its related term are showing as below:
MIL:CVG'
s Current Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.74 Max: 1.09
Current: 0.74
During the past 8 years, Convergenze SpA's highest Current Ratio was 1.09. The lowest was 0.64. And the median was 0.74.
MIL:CVG's Current Ratio is ranked worse than 71.58% of 366
companies
in the Telecommunication Services industry
Industry Median: 1.125
vs MIL:CVG: 0.74
Convergenze SpA (MIL:CVG) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Convergenze SpA Current Ratio Related Terms
Convergenze SpA Current Ratio Historical Data
* Premium members only.
The historical data trend for Convergenze SpA's Current Ratio 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.
For the Telecom Services subindustry, Convergenze SpA's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Convergenze SpA Current Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Convergenze SpA's Current Ratio falls into.
* 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.
Convergenze SpA (MIL:CVG) has a Current Ratio of 0.74 as of Dec. 2025. This is near median its historical median of 0.74. Over the past decade, Convergenze SpA's Current Ratio has ranged from 0.64 to 1.09. According to the industry distribution chart, Convergenze SpA ranks #262 out of 366 companies in the Telecommunication Services industry, placing it in the top 71.6%.
Is Convergenze SpA's Current Ratio too high?
Convergenze SpA's current Current Ratio of 0.74 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.09. The Telecommunication Services industry median Current Ratio is 1.13. Convergenze SpA's value of 0.74 is 34.2% below this industry median. Based on the distribution chart, Convergenze SpA ranks #262 out of 366 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Convergenze SpA has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Convergenze SpA's Current Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Convergenze SpA ranks #262 out of 366 companies for Current Ratio. This places Convergenze SpA in the lower half of its industry. The industry median Current Ratio is 1.13. Convergenze SpA's value of 0.74 is 34.2% below this benchmark. Historically, Convergenze SpA's own Current Ratio has ranged from 0.64 to 1.09 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.13, Convergenze SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Telecommunication Services company?
The median Current Ratio among Telecommunication Services companies is 1.13, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Convergenze SpA's current Current Ratio of 0.74 is 34.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median Current Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Convergenze SpA's current Current Ratio is 0.74, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Convergenze SpA stock overvalued right now?
Based on GuruFocus' analysis, Convergenze SpA (MIL:CVG) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.98, compared to a current price of €1.45 — trading 26.8% below its estimated fair value. The current Current Ratio is 0.74, which is near median its 10-year median of 0.74 and 34.2% below the Telecommunication Services industry median of 1.13. Convergenze SpA's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Convergenze SpA (MIL:CVG), the current Current Ratio is 0.74 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Convergenze SpA (MIL:CVG) Overvalued in 2026?
Based on GuruFocus' analysis, Convergenze SpA stock appears to be undervalued.
The current stock price of €1.45 is trading 26.8% below its estimated GF Value™ of €1.98.
GuruFocus considers Convergenze SpA to be Modestly Undervalued.
Key valuation signals for MIL:CVG:
Current Ratio: 0.74 (near median its 10-year median of 0.74)
GF Value™: €1.98 vs. price of €1.45 (26.8% below fair value)
Industry Position: 34.2% below the Telecommunication Services median (#262 of 366)
No single metric tells the full story. See the MIL:CVG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Convergenze SpA is engaged in providing telecommunication services. The company offers wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.
84GF Score
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