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Converge Technology Solutions (TSX:CTS) Price-to-Free-Cash-Flow : 5.32 (As of Apr. 25, 2024)


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What is Converge Technology Solutions Price-to-Free-Cash-Flow?

As of today (2024-04-25), Converge Technology Solutions's share price is C$5.67. Converge Technology Solutions's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.07. Hence, Converge Technology Solutions's Price-to-Free-Cash-Flow Ratio for today is 5.32.

The historical rank and industry rank for Converge Technology Solutions's Price-to-Free-Cash-Flow or its related term are showing as below:

TSX:CTS' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.5   Med: 10.06   Max: 115.38
Current: 5.37

During the past 6 years, Converge Technology Solutions's highest Price-to-Free-Cash-Flow Ratio was 115.38. The lowest was 1.50. And the median was 10.06.

TSX:CTS's Price-to-Free-Cash-Flow is ranked better than
92.72% of 1470 companies
in the Software industry
Industry Median: 23.44 vs TSX:CTS: 5.37

Converge Technology Solutions's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.55. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$1.07.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Converge Technology Solutions was 1190.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 32.70% per year.

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


Converge Technology Solutions Price-to-Free-Cash-Flow Historical Data

The historical data trend for Converge Technology Solutions's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Converge Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 4.83 10.97 25.28 55.98 3.91

Converge Technology Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.98 10.52 14.29 4.38 3.91

Competitive Comparison of Converge Technology Solutions's Price-to-Free-Cash-Flow

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

For the Software industry and Technology sector, Converge Technology Solutions's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Converge Technology Solutions's Price-to-Free-Cash-Flow falls into.



Converge Technology Solutions Price-to-Free-Cash-Flow Calculation

Converge Technology Solutions's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=5.67/1.065
=5.32

Converge Technology Solutions's Share Price of today is C$5.67.
Converge Technology Solutions's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.07.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Converge Technology Solutions  (TSX:CTS) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Converge Technology Solutions Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Converge Technology Solutions's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Converge Technology Solutions (TSX:CTS) 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.

Converge Technology Solutions (TSX:CTS) Headlines

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