Convergenze SpA SB
MIL:CVG

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Convergenze SpA SB
MIL:CVG
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Price: 1.7 EUR
Market Cap: €12.8m

P/B

1.8
Current
14%
Cheaper
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
€12.5m
/
Total Equity
€6.8m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
€12.5m
/
Total Equity
€6.8m

Valuation Scenarios

Convergenze SpA SB is trading below its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth €1.97 (16% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-44%
Maximum Upside
+40%
Average Upside
3%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 €1.7
0%
3-Year Average 2.1 €1.97
+16%
5-Year Average 2.5 €2.38
+40%
Industry Average 1 €0.95
-44%
Country Average 1.8 €1.72
+1%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
IT
Convergenze SpA SB
MIL:CVG
Average P/E: 71.2
11
33%
0.3
US
EchoStar Corp
NASDAQ:SATS
Negative Multiple: -1.3 N/A N/A
US
AST SpaceMobile Inc
NASDAQ:ASTS
Negative Multiple: -78.8 N/A N/A
US
G
Globalstar Inc
AMEX:GSAT
Negative Multiple: -540.5 N/A N/A
US
Lumen Technologies Inc
NYSE:LUMN
Negative Multiple: -5.2 N/A N/A
ID
Indoritel Makmur Internasional Tbk PT
IDX:DNET
106.2
N/A N/A
US
Iridium Communications Inc
NASDAQ:IRDM
37.4
18%
2.1
UK
Liberty Global PLC
NASDAQ:LBTYA
Negative Multiple: -0.5 N/A N/A
BM
Liberty Global Ltd
F:3O41
Negative Multiple: -0.5 N/A N/A
MY
T
TIME dotCom Bhd
KLSE:TIMECOM
26
11%
2.4
NZ
Chorus Ltd
NZX:CNU
175.3
202%
0.9

Market Distribution

In line with most companies in Italy
Percentile
49th
Based on 911 companies
49th percentile
1.8
Low
0.3 — 1.3
Typical Range
1.3 — 2.7
High
2.7 —
Distribution Statistics
Italy
Min 0.3
30th Percentile 1.3
Median 1.8
70th Percentile 2.7
Max 362.8

Convergenze SpA SB
Glance View

Market Cap
12.8m EUR
Industry
Telecommunication

Convergenze SpA Società Benefit provides wireless communication services as well as engages in the supply of energy and natural gas. The company is headquartered in Capaccio, Salerno and currently employs 79 full-time employees. The company went IPO on 2020-12-30. The company operates two business units: Telecommunication and Energy and Natural Gas. The Telecommunication business unit provides voice and data services at local, regional and national level. The firm owns an optic fiber network of more than 2850 km and more than 100 radio links. Additionally, it provides cloud services through its proprietary data center. Energy and Natural Gas provides customers with electricity from renewable sources only and natural gas. The firm is also developing a network of recharge stations for electric vehicles with a focus on the hospitality sector.

CVG Intrinsic Value
3.25 EUR
Undervaluation 48%
Intrinsic Value
Price €1.7
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