CVGYY's ROE % is ranked better than 77.65% of 349
companies
in the Telecommunication Services industry
Industry Median: 7.41
vs CVGYY: 19.96
Converge Information And Communications Technology Solutions (OTCPK:CVGYY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Converge Information And Communications Technology Solutions ROE % Related Terms
Converge Information And Communications Technology Solutions ROE % 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 ROE % 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 ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Converge Information And Communications Technology Solutions (CVGYY) has a ROE % of 19.39% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Converge Information And Communications Technology Solutions and its competitors. This is 12% below median its historical median of 22.00. Over the past decade, Converge Information And Communications Technology Solutions' ROE % has ranged from 16.96 to 27.50. According to the industry distribution chart, Converge Information And Communications Technology Solutions ranks #78 out of 349 companies in the Telecommunication Services industry, placing it in the top 22.3%.
Is Converge Information And Communications Technology Solutions' ROE % too high?
Converge Information And Communications Technology Solutions' current ROE % of 19.39% is 12% below median its 10-year median of 22.00. Over the past 10 years, this metric has ranged from a low of 16.96 to a high of 27.50. The Telecommunication Services industry median ROE % is 7.41. Converge Information And Communications Technology Solutions' value of 19.39% is 161.7% above this industry median. Based on the distribution chart, Converge Information And Communications Technology Solutions ranks #78 out of 349 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' ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Converge Information And Communications Technology Solutions ranks #78 out of 349 companies for ROE %. This places Converge Information And Communications Technology Solutions in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 7.41. Converge Information And Communications Technology Solutions' value of 19.39% is 161.7% above this benchmark. Historically, Converge Information And Communications Technology Solutions' own ROE % has ranged from 16.96 to 27.50 over the past decade. While the company's 10-year median is 22.00 vs. the industry median of 7.41, 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 ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % of 19.39% is 161.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Converge Information And Communications Technology Solutions and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — 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 ROE % is 19.39%, which is 12% below median its own 10-year median of 22.00. 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 ROE % of 19.39%. The current ROE % is 19.39%, which is 12% below median its 10-year median of 22.00 and 161.7% above the Telecommunication Services industry median of 7.41. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Converge Information And Communications Technology Solutions (CVGYY), the current ROE % is 19.39% 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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