CTS Corporation Statistics
Total Valuation
CTS has a market cap or net worth of $1.55 billion. The enterprise value is $1.59 billion.
| Market Cap | 1.55B |
| Enterprise Value | 1.59B |
Important Dates
The last earnings date was Tuesday, October 29, 2024, before market open.
| Earnings Date | Oct 29, 2024 |
| Ex-Dividend Date | Sep 27, 2024 |
Share Statistics
CTS has 30.12 million shares outstanding. The number of shares has decreased by -3.00% in one year.
| Shares Outstanding | 30.12M |
| Shares Change (YoY) | -3.00% |
| Shares Change (QoQ) | -0.63% |
| Owned by Insiders (%) | 2.16% |
| Owned by Institutions (%) | 100.72% |
| Float | 29.45M |
Valuation Ratios
The trailing PE ratio is 26.55 and the forward PE ratio is 22.11. CTS's PEG ratio is 1.38.
| PE Ratio | 26.55 |
| Forward PE | 22.11 |
| PS Ratio | 3.08 |
| Forward PS | 2.70 |
| PB Ratio | 2.93 |
| P/FCF Ratio | 17.36 |
| PEG Ratio | 1.38 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.18, with an EV/FCF ratio of 17.77.
| EV / Earnings | 26.55 |
| EV / Sales | 3.10 |
| EV / EBITDA | 15.18 |
| EV / EBIT | 21.27 |
| EV / FCF | 17.77 |
Financial Position
The company has a current ratio of 2.46, with a Debt / Equity ratio of 0.25.
| Current Ratio | 2.46 |
| Quick Ratio | 1.78 |
| Debt / Equity | 0.25 |
| Debt / EBITDA | 1.18 |
| Debt / FCF | 1.48 |
| Interest Coverage | 19.84 |
Financial Efficiency
Return on equity (ROE) is 11.36% and return on invested capital (ROIC) is 7.22%.
| Return on Equity (ROE) | 11.36% |
| Return on Assets (ROA) | 6.05% |
| Return on Capital (ROIC) | 7.22% |
| Revenue Per Employee | $125,712 |
| Profits Per Employee | $14,660 |
| Employee Count | 4,081 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 5.38 |
Taxes
In the past 12 months, CTS has paid $11.67 million in taxes.
| Income Tax | 11.67M |
| Effective Tax Rate | 16.32% |
Stock Price Statistics
The stock price has increased by +26.49% in the last 52 weeks. The beta is 0.58, so CTS's price volatility has been lower than the market average.
| Beta (5Y) | 0.58 |
| 52-Week Price Change | +26.49% |
| 50-Day Moving Average | 47.93 |
| 200-Day Moving Average | 47.80 |
| Relative Strength Index (RSI) | 64.66 |
| Average Volume (20 Days) | 132,389 |
Short Selling Information
The latest short interest is 776,109, so 2.58% of the outstanding shares have been sold short.
| Short Interest | 776,109 |
| Short Previous Month | 900,695 |
| Short % of Shares Out | 2.58% |
| Short % of Float | 2.64% |
| Short Ratio (days to cover) | 5.86 |
Income Statement
In the last 12 months, CTS had revenue of $513.03 million and earned $59.83 million in profits. Earnings per share was $1.94.
| Revenue | 513.03M |
| Gross Profit | 183.31M |
| Operating Income | 74.67M |
| Pretax Income | 67.79M |
| Net Income | 59.83M |
| EBITDA | 104.60M |
| EBIT | 74.67M |
| Earnings Per Share (EPS) | $1.94 |
Balance Sheet
The company has $95.54 million in cash and $132.13 million in debt, giving a net cash position of -$36.58 million or -$1.21 per share.
| Cash & Cash Equivalents | 95.54M |
| Total Debt | 132.13M |
| Net Cash | -36.58M |
| Net Cash Per Share | -$1.21 |
| Equity (Book Value) | 530.81M |
| Book Value Per Share | 17.59 |
| Working Capital | 151.76M |
Cash Flow
In the last 12 months, operating cash flow was $105.40 million and capital expenditures -$16.05 million, giving a free cash flow of $89.36 million.
| Operating Cash Flow | 105.40M |
| Capital Expenditures | -16.05M |
| Free Cash Flow | 89.36M |
| FCF Per Share | $2.97 |
Margins
Gross margin is 35.73%, with operating and profit margins of 14.55% and 11.66%.
| Gross Margin | 35.73% |
| Operating Margin | 14.55% |
| Pretax Margin | 13.94% |
| Profit Margin | 11.66% |
| EBITDA Margin | 20.39% |
| EBIT Margin | 14.55% |
| FCF Margin | 14.99% |
Dividends & Yields
This stock pays an annual dividend of $0.16, which amounts to a dividend yield of 0.31%.
| Dividend Per Share | $0.16 |
| Dividend Yield | 0.31% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 8.25% |
| Buyback Yield | 3.00% |
| Shareholder Yield | 3.31% |
| Earnings Yield | 3.86% |
| FCF Yield | 5.76% |
Analyst Forecast
The average price target for CTS is $46.00, which is -10.71% lower than the current price. The consensus rating is "Hold".
| Price Target | $46.00 |
| Price Target Difference | -10.71% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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 5.59 and a Piotroski F-Score of 5.
| Altman Z-Score | 5.59 |
| Piotroski F-Score | 5 |