CTS Cts Corp

Price (delayed)

$41.09

Market cap

$1.23B

P/E Ratio

21.51

Dividend/share

$0.16

EPS

$1.91

Enterprise value

$1.26B

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 price to earnings (P/E) is 21% lower than the last 4 quarters average of 27.1
The gross margin is up by 6% year-on-year and by 2.8% since the previous quarter
The company's debt rose by 21% YoY but it fell by 9% QoQ
The quick ratio has declined by 30% year-on-year
The revenue has contracted by 6% YoY

Key stats

What are the main financial stats of CTS
Market
Shares outstanding
30.04M
Market cap
$1.23B
Enterprise value
$1.26B
Valuations
Price to earnings (P/E)
21.51
Price to book (P/B)
2.33
Price to sales (P/S)
2.42
EV/EBIT
16.66
EV/EBITDA
11.82
EV/Sales
2.44
Earnings
Revenue
$515.77M
Gross profit
$189.15M
Operating income
$72.78M
Net income
$58.11M
EBIT
$75.46M
EBITDA
$106.38M
Free cash flow
$80.65M
Per share
EPS
$1.91
EPS diluted
$1.89
Free cash flow per share
$2.65
Book value per share
$17.63
Revenue per share
$16.96
TBVPS
$13.23
Balance sheet
Total assets
$766.11M
Total liabilities
$235.26M
Debt
$117.09M
Equity
$530.85M
Working capital
$146.72M
Liquidity
Debt to equity
0.22
Current ratio
2.5
Quick ratio
1.76
Net debt/EBITDA
0.21
Margins
EBITDA margin
20.6%
Gross margin
36.7%
Net margin
11.3%
Operating margin
14.1%
Efficiency
Return on assets
7.7%
Return on equity
11%
Return on invested capital
23.3%
Return on capital employed
11.3%
Return on sales
14.6%
Dividend
Dividend yield
0.39%
DPS
$0.16
Payout ratio
8.4%

CTS stock price

How has the Cts stock price performed over time
Intraday
-1.11%
1 week
-5.91%
1 month
-7.99%
1 year
-10.96%
YTD
-22.07%
QTD
-1.11%

Financial performance

How have Cts's revenue and profit performed over time
Revenue
$515.77M
Gross profit
$189.15M
Operating income
$72.78M
Net income
$58.11M
Gross margin
36.7%
Net margin
11.3%
The revenue has contracted by 6% YoY
The gross margin is up by 6% year-on-year and by 2.8% since the previous quarter
Cts's operating income has increased by 3.9% from the previous quarter but it has decreased by 3% YoY
Cts's operating margin has increased by 3.7% YoY and by 2.9% from the previous quarter

Growth

What is Cts's growth rate over time

Valuation

What is Cts stock price valuation
P/E
21.51
P/B
2.33
P/S
2.42
EV/EBIT
16.66
EV/EBITDA
11.82
EV/Sales
2.44
The price to earnings (P/E) is 21% lower than the last 4 quarters average of 27.1
The EPS has declined by 2.1% since the previous quarter
The stock's price to book (P/B) is 20% less than its last 4 quarters average of 2.9 and 7% less than its 5-year quarterly average of 2.5
CTS's P/S is 17% below its last 4 quarters average of 2.9
The revenue has contracted by 6% YoY

Efficiency

How efficient is Cts business performance
The return on assets has declined by 4.9% year-on-year and by 3.8% since the previous quarter
The ROE is down by 5% year-on-year and by 3.5% since the previous quarter
The return on sales is up by 2.1% year-on-year

Dividends

What is CTS's dividend history
DPS
$0.16
Dividend yield
0.39%
Payout ratio
8.4%
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 30% year-on-year
CTS's current ratio is down by 24% YoY
The company's debt is 78% lower than its equity
The debt to equity has grown by 22% year-on-year but it has declined by 8% since the previous quarter
The company's debt rose by 21% YoY but it fell by 9% QoQ

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