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CTS Cts Corp

Price (delayed)

$52.2

Market cap

$1.57B

P/E Ratio

26.77

Dividend/share

$0.16

EPS

$1.95

Enterprise value

$1.61B

CTS Corporation is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and ...

Highlights
The EPS is up by 10% since the previous quarter and by 2.1% year-on-year
The company's net income rose by 9% QoQ
The company's debt rose by 40% QoQ and by 21% YoY
The quick ratio has declined by 34% since the previous quarter and by 27% year-on-year

Key stats

What are the main financial stats of CTS
Market
Shares outstanding
30.12M
Market cap
$1.57B
Enterprise value
$1.61B
Valuations
Price to book (P/B)
2.99
Price to sales (P/S)
3.08
EV/EBIT
21.34
EV/EBITDA
15.27
EV/Sales
3.13
Earnings
Revenue
$513.03M
Gross profit
$183.31M
Net income
$59.83M
EBIT
$75.26M
EBITDA
$105.19M
Free cash flow
$89.36M
Per share
EPS
$1.95
EPS diluted
$1.94
Free cash flow per share
$2.95
Book value per share
$17.48
Revenue per share
$16.93
TBVPS
$13.65
Balance sheet
Total assets
$789.39M
Total liabilities
$258.59M
Debt
$129.31M
Equity
$530.81M
Working capital
$151.76M
Liquidity
Debt to equity
0.24
Current ratio
2.46
Quick ratio
1.75
Net debt/EBITDA
0.33
Margins
EBITDA margin
20.5%
Gross margin
35.7%
Net margin
11.7%
Operating margin
13.7%
Efficiency
Return on assets
8%
Return on equity
11.4%
Return on invested capital
23.4%
Return on capital employed
11%
Return on sales
14.7%
Dividend
Dividend yield
0.31%
DPS
$0.16
Payout ratio
8.2%

CTS stock price

How has the Cts stock price performed over time
Intraday
-1.19%
1 week
-7.55%
1 month
-1.04%
1 year
25.78%
YTD
19.34%
QTD
7.9%

Financial performance

How have Cts's revenue and profit performed over time
Revenue
$513.03M
Gross profit
$183.31M
Operating income
$70.03M
Net income
$59.83M
Gross margin
35.7%
Net margin
11.7%
Cts's operating income has decreased by 13% YoY but it has increased by 4.9% from the previous quarter
The company's net margin rose by 10% YoY and by 9% QoQ
The revenue has contracted by 10% YoY
The company's net income rose by 9% QoQ

Growth

What is Cts's growth rate over time

Valuation

What is Cts stock price valuation
P/E
26.77
P/B
2.99
P/S
3.08
EV/EBIT
21.34
EV/EBITDA
15.27
EV/Sales
3.13
The EPS is up by 10% since the previous quarter and by 2.1% year-on-year
The price to earnings (P/E) is 3.8% higher than the last 4 quarters average of 25.8 and 2.2% higher than the 5-year quarterly average of 26.2
The stock's price to book (P/B) is 20% more than its 5-year quarterly average of 2.5 and 7% more than its last 4 quarters average of 2.8
CTS's P/S is 34% above its 5-year quarterly average of 2.3 and 10% above its last 4 quarters average of 2.8
The revenue has contracted by 10% YoY

Efficiency

How efficient is Cts business performance
The ROE is up by 9% since the previous quarter but it is down by 2.6% year-on-year
The return on assets has grown by 7% since the previous quarter
The return on sales is up by 7% since the previous quarter and by 2.8% year-on-year
The company's return on invested capital rose by 4.9% QoQ but it fell by 3.7% YoY

Dividends

What is CTS's dividend history
DPS
$0.16
Dividend yield
0.31%
Payout ratio
8.2%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Cts financials performed over time
The quick ratio has declined by 34% since the previous quarter and by 27% year-on-year
CTS's current ratio is down by 28% QoQ and by 24% YoY
The company's debt is 76% lower than its equity
The company's debt rose by 40% QoQ and by 21% YoY
The debt to equity has grown by 33% since the previous quarter and by 20% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.