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CTS CORP (CTS) Stock Fundamental Analysis

USA - NYSE:CTS - US1265011056 - Common Stock

41.15 USD
+1.12 (+2.8%)
Last: 10/20/2025, 3:53:41 PM
Fundamental Rating

6

Taking everything into account, CTS scores 6 out of 10 in our fundamental rating. CTS was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making CTS a very profitable company, without any liquidiy or solvency issues. CTS has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

CTS had positive earnings in the past year.
In the past year CTS had a positive cash flow from operations.
Of the past 5 years CTS 4 years were profitable.
In the past 5 years CTS always reported a positive cash flow from operatings.
CTS Yearly Net Income VS EBIT VS OCF VS FCFCTS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

1.2 Ratios

With an excellent Return On Assets value of 8.18%, CTS belongs to the best of the industry, outperforming 86.99% of the companies in the same industry.
CTS has a better Return On Equity (11.67%) than 79.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.89%, CTS belongs to the top of the industry, outperforming 83.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CTS is in line with the industry average of 9.33%.
Industry RankSector Rank
ROA 8.18%
ROE 11.67%
ROIC 9.89%
ROA(3y)7.9%
ROA(5y)4.59%
ROE(3y)11.4%
ROE(5y)6.67%
ROIC(3y)10.61%
ROIC(5y)10.13%
CTS Yearly ROA, ROE, ROICCTS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

Looking at the Profit Margin, with a value of 12.32%, CTS belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Profit Margin of CTS has grown nicely.
CTS has a Operating Margin of 16.02%. This is amongst the best in the industry. CTS outperforms 90.24% of its industry peers.
CTS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 38.02%, CTS is doing good in the industry, outperforming 65.04% of the companies in the same industry.
In the last couple of years the Gross Margin of CTS has grown nicely.
Industry RankSector Rank
OM 16.02%
PM (TTM) 12.32%
GM 38.02%
OM growth 3Y-0.48%
OM growth 5Y2.89%
PM growth 3YN/A
PM growth 5Y7.92%
GM growth 3Y0.63%
GM growth 5Y1.76%
CTS Yearly Profit, Operating, Gross MarginsCTS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

7

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CTS is creating some value.
Compared to 1 year ago, CTS has less shares outstanding
CTS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CTS is higher compared to a year ago.
CTS Yearly Shares OutstandingCTS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
CTS Yearly Total Debt VS Total AssetsCTS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

CTS has an Altman-Z score of 5.50. This indicates that CTS is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.50, CTS is doing good in the industry, outperforming 70.73% of the companies in the same industry.
CTS has a debt to FCF ratio of 1.01. This is a very positive value and a sign of high solvency as it would only need 1.01 years to pay back of all of its debts.
CTS has a better Debt to FCF ratio (1.01) than 79.67% of its industry peers.
CTS has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
CTS has a Debt to Equity ratio of 0.16. This is comparable to the rest of the industry: CTS outperforms 48.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.01
Altman-Z 5.5
ROIC/WACC1.09
WACC9.08%
CTS Yearly LT Debt VS Equity VS FCFCTS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.3 Liquidity

A Current Ratio of 2.61 indicates that CTS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.61, CTS is in line with its industry, outperforming 56.91% of the companies in the same industry.
CTS has a Quick Ratio of 2.04. This indicates that CTS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.04, CTS is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.61
Quick Ratio 2.04
CTS Yearly Current Assets VS Current LiabilitesCTS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 7.43% over the past year.
Measured over the past years, CTS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.40% on average per year.
CTS shows a small growth in Revenue. In the last year, the Revenue has grown by 1.12%.
CTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.92% yearly.
EPS 1Y (TTM)7.43%
EPS 3Y3.98%
EPS 5Y8.4%
EPS Q2Q%5.56%
Revenue 1Y (TTM)1.12%
Revenue growth 3Y0.18%
Revenue growth 5Y1.92%
Sales Q2Q%3.95%

3.2 Future

CTS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.91% yearly.
CTS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.63% yearly.
EPS Next Y4.26%
EPS Next 2Y5.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.32%
Revenue Next 2Y4.63%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
CTS Yearly Revenue VS EstimatesCTS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M 500M
CTS Yearly EPS VS EstimatesCTS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 18.96, which indicates a rather expensive current valuation of CTS.
CTS's Price/Earnings ratio is rather cheap when compared to the industry. CTS is cheaper than 86.18% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.42. CTS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 16.91 indicates a correct valuation of CTS.
82.93% of the companies in the same industry are more expensive than CTS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.94. CTS is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 18.96
Fwd PE 16.91
CTS Price Earnings VS Forward Price EarningsCTS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CTS is valued cheaply inside the industry as 84.55% of the companies are valued more expensively.
CTS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CTS is cheaper than 92.68% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.86
EV/EBITDA 10.01
CTS Per share dataCTS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CTS does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CTS may justify a higher PE ratio.
PEG (NY)4.45
PEG (5Y)2.26
EPS Next 2Y5.91%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

With a yearly dividend of 0.39%, CTS is not a good candidate for dividend investing.
CTS's Dividend Yield is rather good when compared to the industry average which is at 2.06. CTS pays more dividend than 80.49% of the companies in the same industry.
With a Dividend Yield of 0.39, CTS pays less dividend than the S&P500 average, which is at 2.36.
Industry RankSector Rank
Dividend Yield 0.39%

5.2 History

The dividend of CTS has a limited annual growth rate of 0.16%.
CTS has paid a dividend for at least 10 years, which is a reliable track record.
CTS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.16%
Div Incr Years0
Div Non Decr Years31
CTS Yearly Dividends per shareCTS Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15

5.3 Sustainability

7.52% of the earnings are spent on dividend by CTS. This is a low number and sustainable payout ratio.
The dividend of CTS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.52%
EPS Next 2Y5.91%
EPS Next 3YN/A
CTS Yearly Income VS Free CF VS DividendCTS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M
CTS Dividend Payout.CTS Dividend Payout, showing the Payout Ratio.CTS Dividend Payout.PayoutRetained Earnings

CTS CORP

NYSE:CTS (10/20/2025, 3:53:41 PM)

41.15

+1.12 (+2.8%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)07-24 2025-07-24/bmo
Earnings (Next)10-28 2025-10-28/bmo
Inst Owners97.15%
Inst Owner Change0.31%
Ins Owners2.17%
Ins Owner Change0.31%
Market Cap1.21B
Analysts45
Price Target43.86 (6.59%)
Short Float %1.05%
Short Ratio1.51
Dividend
Industry RankSector Rank
Dividend Yield 0.39%
Yearly Dividend0.16
Dividend Growth(5Y)0.16%
DP7.52%
Div Incr Years0
Div Non Decr Years31
Ex-Date09-26 2025-09-26 (0.04)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.24%
Min EPS beat(2)-11.09%
Max EPS beat(2)2.61%
EPS beat(4)2
Avg EPS beat(4)1.05%
Min EPS beat(4)-11.09%
Max EPS beat(4)15.51%
EPS beat(8)5
Avg EPS beat(8)1.41%
EPS beat(12)7
Avg EPS beat(12)1.57%
EPS beat(16)11
Avg EPS beat(16)4%
Revenue beat(2)1
Avg Revenue beat(2)-1.14%
Min Revenue beat(2)-3.26%
Max Revenue beat(2)0.99%
Revenue beat(4)1
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-4.99%
Max Revenue beat(4)0.99%
Revenue beat(8)1
Avg Revenue beat(8)-2.56%
Revenue beat(12)3
Avg Revenue beat(12)-2.13%
Revenue beat(16)7
Avg Revenue beat(16)-0.39%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)1.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 18.96
Fwd PE 16.91
P/S 2.33
P/FCF 13.86
P/OCF 11.53
P/B 2.21
P/tB 6.71
EV/EBITDA 10.01
EPS(TTM)2.17
EY5.27%
EPS(NY)2.43
Fwd EY5.92%
FCF(TTM)2.97
FCFY7.21%
OCF(TTM)3.57
OCFY8.67%
SpS17.67
BVpS18.66
TBVpS6.13
PEG (NY)4.45
PEG (5Y)2.26
Profitability
Industry RankSector Rank
ROA 8.18%
ROE 11.67%
ROCE 12.2%
ROIC 9.89%
ROICexc 11.57%
ROICexgc 31.39%
OM 16.02%
PM (TTM) 12.32%
GM 38.02%
FCFM 16.8%
ROA(3y)7.9%
ROA(5y)4.59%
ROE(3y)11.4%
ROE(5y)6.67%
ROIC(3y)10.61%
ROIC(5y)10.13%
ROICexc(3y)13.62%
ROICexc(5y)13.04%
ROICexgc(3y)31.83%
ROICexgc(5y)27.79%
ROCE(3y)13.09%
ROCE(5y)12.49%
ROICexcg growth 3Y2.59%
ROICexcg growth 5Y8.96%
ROICexc growth 3Y-10.96%
ROICexc growth 5Y-0.3%
OM growth 3Y-0.48%
OM growth 5Y2.89%
PM growth 3YN/A
PM growth 5Y7.92%
GM growth 3Y0.63%
GM growth 5Y1.76%
F-Score6
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.01
Debt/EBITDA 0.75
Cap/Depr 53.18%
Cap/Sales 3.4%
Interest Coverage 17.22
Cash Conversion 90.11%
Profit Quality 136.33%
Current Ratio 2.61
Quick Ratio 2.04
Altman-Z 5.5
F-Score6
WACC9.08%
ROIC/WACC1.09
Cap/Depr(3y)53.27%
Cap/Depr(5y)54.74%
Cap/Sales(3y)2.91%
Cap/Sales(5y)3.06%
Profit Quality(3y)146.84%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.43%
EPS 3Y3.98%
EPS 5Y8.4%
EPS Q2Q%5.56%
EPS Next Y4.26%
EPS Next 2Y5.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.12%
Revenue growth 3Y0.18%
Revenue growth 5Y1.92%
Sales Q2Q%3.95%
Revenue Next Year2.32%
Revenue Next 2Y4.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.93%
EBIT growth 3Y-0.29%
EBIT growth 5Y4.86%
EBIT Next Year30.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-16.36%
FCF growth 3Y4.58%
FCF growth 5Y13.56%
OCF growth 1Y-12.65%
OCF growth 3Y4.85%
OCF growth 5Y9.04%