CTS Corporation Statistics
Total Valuation
CTS has a market cap or net worth of $1.41 billion. The enterprise value is $1.34 billion.
| Market Cap | 1.41B |
| Enterprise Value | 1.34B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
CTS has 30.79 million shares outstanding. The number of shares has decreased by -2.04% in one year.
| Shares Outstanding | 30.79M |
| Shares Change (YoY) | -2.04% |
| Shares Change (QoQ) | -0.84% |
| Owned by Insiders (%) | 2.24% |
| Owned by Institutions (%) | 100.46% |
| Float | 30.08M |
Valuation Ratios
The trailing PE ratio is 23.79 and the forward PE ratio is 20.00. CTS's PEG ratio is 2.05.
| PE Ratio | 23.79 |
| Forward PE | 20.00 |
| PS Ratio | 2.56 |
| Forward PS | 2.53 |
| PB Ratio | 2.67 |
| P/FCF Ratio | 18.99 |
| PEG Ratio | 2.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.50, with an EV/FCF ratio of 18.08.
| EV / Earnings | 22.13 |
| EV / Sales | 2.43 |
| EV / EBITDA | 12.50 |
| EV / EBIT | 17.07 |
| EV / FCF | 18.08 |
Financial Position
The company has a current ratio of 3.29, with a Debt / Equity ratio of 0.18.
| Current Ratio | 3.29 |
| Quick Ratio | 2.50 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 0.90 |
| Debt / FCF | 1.31 |
| Interest Coverage | 23.56 |
Financial Efficiency
Return on equity (ROE) is 11.60% and return on invested capital (ROIC) is 9.69%.
| Return on Equity (ROE) | 11.60% |
| Return on Assets (ROA) | 8.10% |
| Return on Capital (ROIC) | 9.69% |
| Revenue Per Employee | $134,874 |
| Profits Per Employee | $14,833 |
| Employee Count | 4,081 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 5.88 |
Taxes
In the past 12 months, CTS has paid $14.62 million in taxes.
| Income Tax | 14.62M |
| Effective Tax Rate | 19.45% |
Stock Price Statistics
The stock price has increased by +6.95% 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 | +6.95% |
| 50-Day Moving Average | 45.03 |
| 200-Day Moving Average | 42.67 |
| Relative Strength Index (RSI) | 54.25 |
| Average Volume (30 Days) | 137,925 |
Short Selling Information
The latest short interest is 1.20 million, so 3.91% of the outstanding shares have been sold short.
| Short Interest | 1.20M |
| Short Previous Month | 1.13M |
| Short % of Shares Out | 3.91% |
| Short % of Float | 4.01% |
| Short Ratio (days to cover) | 10.27 |
Income Statement
In the last 12 months, CTS had revenue of $550.42 million and earned $60.53 million in profits. Earnings per share was $1.92.
| Revenue | 550.42M |
| Gross Profit | 190.86M |
| Operating Income | 75.05M |
| Pretax Income | 75.15M |
| Net Income | 60.53M |
| EBITDA | 107.19M |
| EBIT | 78.48M |
| Earnings Per Share (EPS) | $1.92 |
Balance Sheet
The company has $163.88 million in cash and $96.86 million in debt, giving a net cash position of $67.02 million or $2.18 per share.
| Cash & Cash Equivalents | 163.88M |
| Total Debt | 96.86M |
| Net Cash | 67.02M |
| Net Cash Per Share | $2.18 |
| Equity / Book Value | 526.82M |
| Book Value Per Share | 17.11 |
| Working Capital | 222.31M |
Cash Flow
In the last 12 months, operating cash flow was $88.81 million and capital expenditures -$14.74 million, giving a free cash flow of $74.07 million.
| Operating Cash Flow | 88.81M |
| Capital Expenditures | -14.74M |
| Free Cash Flow | 74.07M |
| FCF Per Share | $2.36 |
Margins
Gross margin is 34.68%, with operating and profit margins of 13.64% and 11.00%.
| Gross Margin | 34.68% |
| Operating Margin | 13.64% |
| Pretax Margin | 13.65% |
| Profit Margin | 11.00% |
| EBITDA Margin | 19.47% |
| EBIT Margin | 14.26% |
| FCF Margin | 13.46% |
Dividends & Yields
This stock pays an annual dividend of $0.16, which amounts to a dividend yield of 0.35%.
| Dividend Per Share | $0.16 |
| Dividend Yield | 0.35% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 8.33% |
| Buyback Yield | 2.04% |
| Shareholder Yield | 2.39% |
| Earnings Yield | 4.30% |
| FCF Yield | 5.27% |
Analyst Forecast
The average price target for CTS is $42.50, which is -6.96% lower than the current price. The consensus rating is "Hold".
| Price Target | $42.50 |
| Price Target Difference | -6.96% |
| 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 6.53 and a Piotroski F-Score of 7.
| Altman Z-Score | 6.53 |
| Piotroski F-Score | 7 |