C

Converge Information & Communications Technology Solutions Inc
XPHS:CNVRG

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Converge Information & Communications Technology Solutions Inc
XPHS:CNVRG
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Price: 16.38 PHP 1.11% Market Closed
Market Cap: 119B PHP
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Converge Information & Communications Technology Solutions Inc
Non-Reccuring Items

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Converge Information & Communications Technology Solutions Inc
Non-Reccuring Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Non-Reccuring Items CAGR 3Y CAGR 5Y CAGR 10Y
C
Converge Information & Communications Technology Solutions Inc
XPHS:CNVRG
Non-Reccuring Items
-₱1B
CAGR 3-Years
-170%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
T
Transpacific Broadband Group International Inc
XPHS:TBGI
Non-Reccuring Items
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
E
Easycall Communications Philippines Inc
XPHS:ECP
Non-Reccuring Items
₱2.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
D
Dito CME Holdings Corp
XPHS:DITO
Non-Reccuring Items
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Converge Information & Communications Technology Solutions Inc
Glance View

Market Cap
119B PHP
Industry
Telecommunication

Converge Information & Communications Technology Solutions Inc., often referred to simply as Converge, is a dynamic player in the Philippines’ telecommunications landscape. Founded by Dennis Anthony Uy and Maria Grace Y. Uy in 2007, the company emerged at a time when the demand for reliable internet connectivity was rapidly intensifying across the archipelago. Converge identified a significant gap in the market—many areas of the Philippines were underserved by traditional telecommunication giants—and seized the opportunity to fill it with high-speed, affordable broadband services. With its aggressive rollout of fiber-optic infrastructure, Converge has been able to offer faster internet speeds and a more stable connection compared to older, copper-based networks, making it a formidable competitor in the industry. The company's revenue model hinges primarily on its ability to attract and retain subscribers to its broadband internet services, which cater to both residential and business customers. By investing heavily in its network infrastructure, Converge aims to expand its reach, covering both urban centers and remote areas, thereby growing its customer base. Additionally, its venture into enterprise solutions and wholesale services has opened up new revenue streams, allowing the company to tap into the lucrative corporate market. This holistic approach, combining robust infrastructure development with diversified service offerings, has enabled Converge to sustain its growth momentum, cementing its status as a key player in the telecommunications sector of the Philippines.

CNVRG Intrinsic Value
20.83 PHP
Undervaluation 21%
Intrinsic Value
Price
C

See Also

What is Converge Information & Communications Technology Solutions Inc's Non-Reccuring Items?
Non-Reccuring Items
-1B PHP

Based on the financial report for Dec 31, 2023, Converge Information & Communications Technology Solutions Inc's Non-Reccuring Items amounts to -1B PHP.

What is Converge Information & Communications Technology Solutions Inc's Non-Reccuring Items growth rate?
Non-Reccuring Items CAGR 3Y
-170%

Over the last year, the Non-Reccuring Items growth was -42%. The average annual Non-Reccuring Items growth rates for Converge Information & Communications Technology Solutions Inc have been -170% over the past three years .

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