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Bullboard - Stock Discussion Forum Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with... see more

TSX:CTS - Post Discussion

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Post by retiredcf on Jan 31, 2024 1:27pm

Final Paragraph

Based on today's action, it seems like some investors stopped reading before they got to Echelon's final paragraph. GLTA

While still in the show me category, we consider CTS shares to be significantly undervalued at 7.1 times/6.6 times 2024/25 EV/EBITDA while offering an FCF yield of 17 per cent/18 per cent. We note the median 2024/25 EV/EBITDA valuations for its U.S. and European peers at 10.8 times/9.4 times and 11.1 times/9.6 times, respectively.”
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