CVG.MI
Price:
$1.84
Market Cap:
$13.48M
Convergenze S.p.A. Società Benefit provides Internet services, voice, energy, and natural gas services. The company offers fiber optic network and WiFi; fixed telephony services; and value-added services such as cloud services, datacenter, and virtualization services. It also provides electricity supply service for the households and business customers; charging points for electric cars; and natural gas supply services. Convergenze S.p.A. Società Benefit was founded in 2005 and is headquartered in Salerno, Italy.
Industry
Telecommunications Services
IPO Date
2021-01-05
Stock Exchange
MIL
Ticker
CVG.MI
According to Convergenze S.p.A. Società Benefit’s latest financial reports and current stock price. The company's current ROE is 19.91%. This represents a change of 174.19% compared to the average of 7.26% of the last 4 quarters.
The mean historical ROE of Convergenze S.p.A. Società Benefit over the last ten years is 12.61%. The current 19.91% ROE has changed 57.87% with respect to the historical average. Over the past ten years (40 quarters), CVG.MI's ROE was at its highest in in the June 2020 quarter at 22.65%. The ROE was at its lowest in in the June 2022 quarter at -7.79%.
Average
12.61%
Median
13.90%
Minimum
-15.49%
Maximum
28.55%
Discovering the peaks and valleys of Convergenze S.p.A. Società Benefit ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 110.00%
Maximum Annual ROE = 28.55%
Minimum Annual Increase = -482.21%
Minimum Annual ROE = -15.49%
| Year | ROE | Change |
|---|---|---|
| 2024 | 19.01% | 110.00% |
| 2023 | 9.05% | -158.44% |
| 2022 | -15.49% | -482.21% |
| 2021 | 4.05% | -70.60% |
| 2020 | 13.78% | -50.66% |
| 2019 | 27.93% | 99.28% |
| 2018 | 14.01% | -50.91% |
The current ROE of Convergenze S.p.A. Società Benefit (CVG.MI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.19%
5-year avg
6.08%
10-year avg
12.61%
Convergenze S.p.A. Società Benefit’s ROE is greater than Triboo S.p.A. (-48.71%), less than Id-Entity Sa (12.24%), less than Giglio Group S.p.A. (268.44%), less than DigiTouch S.p.A. (8.74%), less than Tessellis S.p.A. (660.24%), greater than Netweek S.p.A. (-337.02%),
| Company | ROE | Market cap |
|---|---|---|
| -48.71% | $10.18M | |
| 12.24% | $18.87M | |
| 268.44% | $6.14M | |
| 8.74% | $26.81M | |
| 660.24% | $26.06M | |
| -337.02% | $1.21M |
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What is the 3-year average ROE for Convergenze S.p.A. Società Benefit (CVG.MI)?
What is the 5-year average ROE for Convergenze S.p.A. Società Benefit (CVG.MI)?
How does the current ROE for Convergenze S.p.A. Società Benefit (CVG.MI) compare to its historical average?