CTS Corporation Statistics
Total Valuation
CTS has a market cap or net worth of $1.64 billion. The enterprise value is $1.57 billion.
| Market Cap | 1.64B |
| Enterprise Value | 1.57B |
Important Dates
The next estimated earnings date is Tuesday, July 23, 2024, before market open.
| Earnings Date | Jul 23, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
CTS has 30.57 million shares outstanding. The number of shares has decreased by -2.82% in one year.
| Shares Outstanding | 30.57M |
| Shares Change (YoY) | -2.82% |
| Shares Change (QoQ) | -0.81% |
| Owned by Insiders (%) | 2.10% |
| Owned by Institutions (%) | 99.65% |
| Float | 29.91M |
Valuation Ratios
The trailing PE ratio is 31.54 and the forward PE ratio is 22.04. CTS's PEG ratio is 2.05.
| PE Ratio | 31.54 |
| Forward PE | 22.04 |
| PS Ratio | 3.09 |
| Forward PS | 2.87 |
| PB Ratio | 3.14 |
| P/FCF Ratio | 20.06 |
| PEG Ratio | 2.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.94, with an EV/FCF ratio of 19.25.
| EV / Earnings | 29.50 |
| EV / Sales | 2.97 |
| EV / EBITDA | 15.94 |
| EV / EBIT | 22.61 |
| EV / FCF | 19.25 |
Financial Position
The company has a current ratio of 3.32, with a Debt / Equity ratio of 0.18.
| Current Ratio | 3.32 |
| Quick Ratio | 2.53 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 0.97 |
| Debt / FCF | 1.17 |
| Interest Coverage | 20.23 |
Financial Efficiency
Return on equity (ROE) is 10.20% and return on invested capital (ROIC) is 8.81%.
| Return on Equity (ROE) | 10.20% |
| Return on Assets (ROA) | 7.10% |
| Return on Capital (ROIC) | 8.81% |
| Revenue Per Employee | $129,914 |
| Profits Per Employee | $13,062 |
| Employee Count | 4,081 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 5.71 |
Taxes
In the past 12 months, CTS has paid $12.80 million in taxes.
| Income Tax | 12.80M |
| Effective Tax Rate | 19.36% |
Stock Price Statistics
The stock price has increased by +17.98% in the last 52 weeks. The beta is 0.62, so CTS's price volatility has been lower than the market average.
| Beta (1Y) | 0.62 |
| 52-Week Price Change | +17.98% |
| 50-Day Moving Average | 47.66 |
| 200-Day Moving Average | 43.45 |
| Relative Strength Index (RSI) | 68.39 |
| Average Volume (30 Days) | 137,277 |
Short Selling Information
The latest short interest is 1.12 million, so 3.68% of the outstanding shares have been sold short.
| Short Interest | 1.12M |
| Short Previous Month | 1.14M |
| Short % of Shares Out | 3.68% |
| Short % of Float | 3.76% |
| Short Ratio (days to cover) | 7.55 |
Income Statement
In the last 12 months, CTS had revenue of $530.18 million and earned $53.31 million in profits. Earnings per share was $1.70.
| Revenue | 530.18M |
| Gross Profit | 184.30M |
| Operating Income | 67.41M |
| Pretax Income | 66.10M |
| Net Income | 53.31M |
| EBITDA | 98.66M |
| EBIT | 69.54M |
| Earnings Per Share (EPS) | $1.70 |
Balance Sheet
The company has $162.43 million in cash and $95.72 million in debt, giving a net cash position of $66.70 million or $2.18 per share.
| Cash & Cash Equivalents | 162.43M |
| Total Debt | 95.72M |
| Net Cash | 66.70M |
| Net Cash Per Share | $2.18 |
| Equity / Book Value | 521.29M |
| Book Value Per Share | 17.05 |
| Working Capital | 222.27M |
Cash Flow
In the last 12 months, operating cash flow was $95.94 million and capital expenditures -$14.23 million, giving a free cash flow of $81.70 million.
| Operating Cash Flow | 95.94M |
| Capital Expenditures | -14.23M |
| Free Cash Flow | 81.70M |
| FCF Per Share | $2.66 |
Margins
Gross margin is 34.76%, with operating and profit margins of 12.71% and 10.05%.
| Gross Margin | 34.76% |
| Operating Margin | 12.71% |
| Pretax Margin | 12.47% |
| Profit Margin | 10.05% |
| EBITDA Margin | 18.61% |
| EBIT Margin | 13.12% |
| FCF Margin | 15.41% |
Dividends & Yields
This stock pays an annual dividend of $0.16, which amounts to a dividend yield of 0.30%.
| Dividend Per Share | $0.16 |
| Dividend Yield | 0.30% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 9.41% |
| Buyback Yield | 2.82% |
| Shareholder Yield | 3.12% |
| Earnings Yield | 3.25% |
| FCF Yield | 4.98% |
Analyst Forecast
The average price target for CTS is $42.50, which is -20.74% lower than the current price. The consensus rating is "Hold".
| Price Target | $42.50 |
| Price Target Difference | -20.74% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 13, 1999. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 13, 1999 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CTS has an Altman Z-Score of 7.22 and a Piotroski F-Score of 7.
| Altman Z-Score | 7.22 |
| Piotroski F-Score | 7 |