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Converge Technology Solutions (CTS) Competitors

Converge Technology Solutions logo

CTS vs. MX, MSI, MNW, ICG, PL, VLN, VCM, ESP, TII, and MXL

Should you be buying Converge Technology Solutions stock or one of its competitors? The main competitors of Converge Technology Solutions include Methanex (MX), Morneau Shepell (MSI), Mitel Networks (MNW), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Velan (VLN), Vecima Networks (VCM), Brompton Energy Split (ESP), Terra Firma Capital (TII), and MX Gold (MXL). These companies are all part of the "electronic equipment" industry.

Converge Technology Solutions vs.

Converge Technology Solutions (TSE:CTS) and Methanex (TSE:MX) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, valuation, earnings, profitability, community ranking, analyst recommendations, dividends, institutional ownership and media sentiment.

Methanex has higher revenue and earnings than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Converge Technology SolutionsC$2.48B0.00-C$157.26M-C$0.83N/A
MethanexC$2.60B0.83C$107.23MC$3.1814.21

Converge Technology Solutions has a beta of 1.81, meaning that its share price is 81% more volatile than the S&P 500. Comparatively, Methanex has a beta of 1.79, meaning that its share price is 79% more volatile than the S&P 500.

33.3% of Converge Technology Solutions shares are owned by institutional investors. Comparatively, 82.9% of Methanex shares are owned by institutional investors. 6.0% of Converge Technology Solutions shares are owned by company insiders. Comparatively, 0.4% of Methanex shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Methanex has a net margin of 4.13% compared to Converge Technology Solutions' net margin of -6.35%. Methanex's return on equity of 7.70% beat Converge Technology Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Converge Technology Solutions-6.35% -34.40% 1.62%
Methanex 4.13%7.70%1.99%

Converge Technology Solutions pays an annual dividend of C$0.06 per share. Methanex pays an annual dividend of C$1.00 per share and has a dividend yield of 2.2%. Converge Technology Solutions pays out -7.2% of its earnings in the form of a dividend. Methanex pays out 31.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Converge Technology Solutions currently has a consensus price target of C$16.63, indicating a potential upside of 0.00%. Given Converge Technology Solutions' higher probable upside, equities analysts clearly believe Converge Technology Solutions is more favorable than Methanex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Converge Technology Solutions
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
2.33
Methanex
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
4 Strong Buy rating(s)
3.60

In the previous week, Converge Technology Solutions' average media sentiment score of 0.76 beat Methanex's score of 0.00 indicating that Converge Technology Solutions is being referred to more favorably in the media.

Company Overall Sentiment
Converge Technology Solutions Positive
Methanex Neutral

Methanex received 391 more outperform votes than Converge Technology Solutions when rated by MarketBeat users. Likewise, 59.16% of users gave Methanex an outperform vote while only 38.10% of users gave Converge Technology Solutions an outperform vote.

CompanyUnderperformOutperform
Converge Technology SolutionsOutperform Votes
48
38.10%
Underperform Votes
78
61.90%
MethanexOutperform Votes
439
59.16%
Underperform Votes
303
40.84%

Summary

Methanex beats Converge Technology Solutions on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CTS vs. The Competition

MetricConverge Technology SolutionsInformation Technology Services IndustryComputer SectorTSE Exchange
Market CapC$1.13BC$2.57BC$25.23BC$5.94B
Dividend Yield1.02%4.02%2.89%6.32%
P/E Ratio-7.185.2844.7130.46
Price / SalesN/A160.802,088.45753.09
Price / Cash5.6322.1334.7883.71
Price / BookN/A3.866.703.99
Net Income-C$157.26MC$122.15MC$739.99MC$301.32M

Converge Technology Solutions Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CTS
Converge Technology Solutions
1.675 of 5 stars
N/AC$16.63
+∞
N/AC$1.13BC$2.48B-7.184,210
MX
Methanex
N/AC$48.28
+6.8%
N/A-35.7%C$2.30BC$2.60B15.17900Gap Up
MSI
Morneau Shepell
N/AN/AN/AN/AC$2.22BC$993.25M83.5520,000
MNW
Mitel Networks
N/AN/AN/AN/AC$1.82BC$1.30B-128.523,300High Trading Volume
ICG
Integra Gold
N/AC$0.85
+∞
N/A+0.0%C$413.33MN/A0.00147,000Gap Up
PL
Pinnacle Renewable Energy
N/AN/AN/AN/AC$376.63MC$490.50M-74.77800
VLN
Velan
N/AC$16.90
+0.3%
N/A+202.9%C$248.53MC$250.33M-3.90310
VCM
Vecima Networks
1.8937 of 5 stars
C$10.06
-1.4%
C$19.33
+92.2%
-54.5%C$241.43MC$307.47M12.20591News Coverage
Dividend Announcement
Analyst Upgrade
Analyst Revision
ESP
Brompton Energy Split
N/AC$4.85
+4.1%
N/A-10.3%C$172.01MC$26.82M-70.29150Positive News
Gap Up
TII
Terra Firma Capital
N/AC$7.25
-0.5%
N/A+0.0%C$40.46MC$5.09M22.6633,000
MXL
MX Gold
N/AC$0.11
+∞
N/A+0.0%C$31.40MN/A0.001,840Gap Up

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This page (TSE:CTS) was last updated on 5/21/2025 by MarketBeat.com Staff
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