As of June 13, 2025, Converge Technology Solutions Corp (CTS.TO) reports a ROE (Return on Equity) of -49.54%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Converge Technology Solutions Corp's ROE (Return on Equity)
Over recent years, Converge Technology Solutions Corp's ROE (Return on Equity) has shown significant volatility. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-12-31 | -49.54% |
| 2023-12-31 | -0.25% |
| 2022-12-31 | 4.55% |
| 2021-12-31 | 2.59% |
| 2020-12-31 | -4.13% |
This slight downward trend highlights how Converge Technology Solutions Corp manages its efficiency in generating profits from shareholders' equity over time.
Comparing Converge Technology Solutions Corp's ROE (Return on Equity) to Peers
To better understand Converge Technology Solutions Corp's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Converge Technology Solutions Corp (CTS.TO) | -49.54% |
| Helios and Matheson Analytics Inc (HMNY) | 374.27% |
| nDivision Inc (NDVN) | 247.63% |
| InterCloud Systems Inc (ICLD) | 117.39% |
| enherent Corp (ENHT) | 73.15% |
| Visium Technologies Inc (VISM) | 55.90% |
Compared to its competitors, Converge Technology Solutions Corp's ROE (Return on Equity) is among the lowest compared to peers, which may indicate less effective deployment of shareholders' capital.