CVGYY's ROA % is ranked better than 88.98% of 372
companies
in the Telecommunication Services industry
Industry Median: 2.745
vs CVGYY: 10.60
Converge Information And Communications Technology Solutions (OTCPK:CVGYY) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Converge Information And Communications Technology Solutions ROA % Related Terms
Converge Information And Communications Technology Solutions ROA % Historical Data
* 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.
Converge Information And Communications Technology Solutions ROA % Chart
Converge Information And Communications Technology Solutions Annual Data
* 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 Information And Communications Technology Solutions ROA % vs Telecommunication Services Industry
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Converge Information And Communications Technology Solutions (CVGYY) has a ROA % of 10.38% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Converge Information And Communications Technology Solutions and its competitors. This is near median its historical median of 9.51. Over the past decade, Converge Information And Communications Technology Solutions' ROA % has ranged from 7.71 to 10.81. According to the industry distribution chart, Converge Information And Communications Technology Solutions ranks #41 out of 372 companies in the Telecommunication Services industry, placing it in the top 11%.
Is Converge Information And Communications Technology Solutions' ROA % too high?
Converge Information And Communications Technology Solutions' current ROA % of 10.38% is near median its 10-year median of 9.51. Over the past 10 years, this metric has ranged from a low of 7.71 to a high of 10.81. The Telecommunication Services industry median ROA % is 2.75. Converge Information And Communications Technology Solutions' value of 10.38% is 278.1% above this industry median. Based on the distribution chart, Converge Information And Communications Technology Solutions ranks #41 out of 372 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Converge Information And Communications Technology Solutions has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Converge Information And Communications Technology Solutions' ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Converge Information And Communications Technology Solutions ranks #41 out of 372 companies for ROA %. This places Converge Information And Communications Technology Solutions in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.75. Converge Information And Communications Technology Solutions' value of 10.38% is 278.1% above this benchmark. Historically, Converge Information And Communications Technology Solutions' own ROA % has ranged from 7.71 to 10.81 over the past decade. While the company's 10-year median is 9.51 vs. the industry median of 2.75, Converge Information And Communications Technology Solutions has consistently been above 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 ROA % for a Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.75, based on 372 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Converge Information And Communications Technology Solutions's current ROA % of 10.38% is 278.1% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Converge Information And Communications Technology Solutions and its competitors. For the Telecommunication Services industry, the median ROA % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Converge Information And Communications Technology Solutions's current ROA % is 10.38%, which is near median its own 10-year median of 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Converge Information And Communications Technology Solutions stock overvalued right now?
Converge Information And Communications Technology Solutions (CVGYY) has a current ROA % of 10.38%. The current ROA % is 10.38%, which is near median its 10-year median of 9.51 and 278.1% above the Telecommunication Services industry median of 2.75. Converge Information And Communications Technology Solutions' overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Converge Information And Communications Technology Solutions (CVGYY), the current ROA % is 10.38% as of Mar. 2026. 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.
Converge Information And Communications Technology Solutions Business Description
Converge Information And Communications Technology Solutions Inc is a pure-play high-speed fixed broadband provider in the Philippines, with industry optical fiber-based connectivity services. Its singular focus on high-speed fixed broadband services is deeply ingrained in the organization and permeates all aspects of Converge's operations, including network rollout, product and service innovation, sales, and customer service. The company operates in two businesses, namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business. The company derives all its revenue from Philippines.
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