CTS Corporation
New York Stock ExchangeTotal Valuation
CTS Corporation carries a market capitalization of 1.85B, placing it among publicly traded companies globally. Its enterprise value stands at 1.40B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 1.85B |
| Enterprise Value | 1.40B |
Share Statistics
CTS Corporation currently has 28.62M shares outstanding.
| Shares Outstanding | 28.62M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
CTS Corporation trades at a trailing price-to-earnings ratio of 20.15. The price-to-sales ratio is 2.51, and the price-to-book ratio stands at 1.32.
| PE Ratio | 20.15 |
| PS Ratio | 2.51 |
| PB Ratio | 1.32 |
| P/TBV Ratio | 6.96 |
| P/FCF Ratio | 13.55 |
| P/OCF Ratio | 13.42 |
Enterprise Valuation
On an enterprise value basis, CTS Corporation trades at an EV/EBITDA multiple of 11.22 and an EV/FCF ratio of 13.08. The EV/Sales ratio of 2.52 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 15.59 provides insight into valuation relative to core operating earnings.
| EV / Sales | 2.52 |
| EV / EBITDA | 11.22 |
| EV / EBIT | 15.59 |
| EV / FCF | 13.08 |
Financial Position
CTS Corporation maintains a current ratio of 2.52, meaning it holds 2.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 17.03, indicating elevated leverage, while an interest coverage ratio of 32.34 demonstrates strong ability to service its debt obligations.
| Current Ratio | 2.52 |
| Quick Ratio | 1.75 |
| Debt / Equity | 17.03 |
| Debt / EBITDA | 0.76 |
| Interest Coverage | 32.34 |
Financial Efficiency
CTS Corporation posts a return on equity of 6.76 and a return on invested capital of 10.54.
| Return on Equity (ROE) | 6.76 |
| Return on Assets (ROA) | 8.96 |
| Return on Invested Capital (ROIC) | 10.54 |
| Return on Capital Employed (ROCE) | 6.40 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 6.09 |
Taxes
Over the trailing twelve months, CTS Corporation has paid 20.18M in income taxes, reflecting an effective tax rate of 22.59.
| Income Tax | 20.18M |
| Effective Tax Rate | 22.59 |
Stock Price Statistics
CTS Corporation's stock has gained approximately 51.85098% over the past 52 weeks. The 50-day moving average sits at 57.76, while the 200-day moving average is 48.32.
| Beta (5Y) | N/A |
| 52-Week Price Change | 51.85098% |
| 50-Day Moving Average | 57.76 |
| 200-Day Moving Average | 48.32 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, CTS Corporation generated 554.78M in revenue and converted that into 69.15M in net income, yielding earnings per share of 2.35. EBITDA reached 124.52M, while operating income came in at 89.67M.
| Revenue | 554.78M |
| Gross Profit | 216.46M |
| Operating Income | 89.67M |
| Pretax Income | 89.32M |
| Net Income | 69.15M |
| EBITDA | 124.52M |
| EBIT | 89.67M |
| Earnings Per Share (EPS) | 2.35 |
Balance Sheet
CTS Corporation holds 90.85M in cash and equivalents against 94.96M in total debt, resulting in a net debt position of -28.35M. Total book value stands at 1.06B, with working capital of 160.61M providing operational flexibility.
| Cash & Cash Equivalents | 90.85M |
| Total Debt | 94.96M |
| Net Debt | -28.35M |
| Equity (Book Value) | 1.06B |
| Book Value Per Share | 36.19 |
| Working Capital | 160.61M |
Cash Flow
CTS Corporation produced 103.88M in operating cash flow over the past twelve months.
| Operating Cash Flow | 103.88M |
| Capital Expenditures | N/A |
| Free Cash Flow | 103.88M |
| FCF Per Share | 3.56 |
Margins
CTS Corporation operates with a gross margin of 39.02, reflecting its pricing power and cost economics. The operating margin of 16.16 and net profit margin of 12.46 provide insight into operational efficiency.
| Gross Margin | 39.02 |
| Operating Margin | 16.16 |
| Pretax Margin | 16.10 |
| Profit Margin | 12.46 |
| EBITDA Margin | 22.45 |
Dividends & Yields
The company's payout ratio of 6.80 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.16 |
| Dividend Yield | N/A |
| Payout Ratio | 6.80 |
| Shareholder Yield | 6.38 |
| FCF Yield | 7.38 |
Stock Splits
CTS Corporation's most recent stock split took place on August 13, 1999 with a 1:2 split ratio.
| Last Split Date | 8/13/1999 |
| Split Ratio | 1:2 |
Scores
CTS Corporation posts an Altman Z-Score of 8.72, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 8.72 |