Well for a given kepler orbit (which is a ellipse) $0 \leq e < 1$. There are several functions to describe the motion of an object.
$$r(\nu) = \frac{a (1 - e^2)}{1 + e \cos(\nu)}$$ Where $a$ is the semi major axis, $e$ the eccentricity, $\nu$ the true anomaly. And $r$ the distance from the focus point.
One of the basic functions is to use the mean anomaly $M$. The mean anomaly is an object is basically defined as an angle that grows linearly with time ($n$, dependent on the orbital period) $$M(t) = M_0 + nt$$
The mean anomaly can be expressed as a function of the eccentric anomaly ($E$) as: $$M = E - e \sin(E)$$ The problem is quite obvious now: the mean anomaly doesn't represent any geometric value, and to convert it to one, a function has to be solved numerically. (Simple geometry allows conversion of $E$ to and from $\nu$).
Now using a method such as Newton's this can be solved - and luckily the mean anomaly doesn't depend on the eccentric anomaly so the truncation error isn't that important.
However I wonder if there is a more clever way, considering the derivatives are very well defined:
$$M'(E) = 1-e\cos(E)$$ $$M''(E) = e\sin(E)$$ $$M'''(E) = e\cos(E)$$ $$M^4(E) = -e\sin(E)$$
And this repeats onwards then. So can a method with a better convergence rate than newton's method be described for this problem? And further more ($E_0$ means start of the root finding algorithm) - is initializing as follow good (will it guaranteed converge): $$E_0 = M$$ -Starting the root finding at by stating the mean anomaly is equal to the eccentric anomaly, which is the case for the apo/periapsis.
It seems to me that your post addresses two points
Concerning the first point, assuming the starting point to be "reasonable", Newton method would converge without any overshoot of the solution if $$M(E_0) M''(E_0) >0$$ (if I properly remember, this was established by Darboux).
Concerning methods converging faster, the simplest would be Halley (cubic convergence) or Householder (quartic convergence).
Higher order schemes have been proposed (have a look at http://numbers.computation.free.fr/Constants/Algorithms/newton.html)
For illustration purposes, let us use $e=5$ and $E_0=3$.
Newton iterates will be $$E_1=2.61438412994111$$ $$E_2=2.59582212992534$$ $$E_3=2.59573908134712$$ $$E_4=2.59573907964980$$ which is the solution for fifteen significant figures.
Halley iterates will be $$E_1=2.60556706231111$$ $$E_2=2.59573931852909$$ $$E_3=2.59573907964980$$
Householder iterates will be $$E_1=2.59642488378724$$ $$E_2=2.59573907964981$$
Edit
By the way, for a good estimate of the solution, you could use the splendid 1400 year old approximation $$\sin(x) \simeq \frac{16 (\pi -x) x}{5 \pi ^2-4 (\pi -x) x}$$ proposed by Mahabhaskariya of Bhaskara I, a seventh-century Indian mathematician. Then, the estimate is just obtained at the price of a quadratic equation. Applied to $e=5$, this would give $E_0=2.5956$ from which convergence will be almost immediate.