1.42%
-1.46%
4.99%
6.30%
26.55%
54.87%
77.28%
AI Spotlight on CTS
Company Description
CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia.The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets.In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors.
CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
Market Data
| Last Price | 51.96 |
| Change Percentage | 1.42% |
| Open | 51.23 |
| Previous Close | 51.23 |
| Market Cap ( Millions) | 1565 |
| Volume | 22344 |
| Year High | 59.68 |
| Year Low | 40.96 |
| M A 50 | 53.36 |
| M A 200 | 50.45 |
Financial Ratios
| FCF Yield | 5.71% |
| Dividend Yield | 0.31% |
| ROE | 11.39% |
| Debt / Equity | 24.36% |
| Net Debt / EBIDTA | 31.75% |
| Price To Book | 2.97 |
| Price Earnings Ratio | 26.31 |
| Price To FCF | 17.51 |
| Price To sales | 3.05 |
| EV / EBITDA | 14.75 |
News
- Jan -20 - CTS Corporation Announces Date for Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call
- Dec -27 - CTS Corporation to Participate in the Needham Growth Conference
- Dec -04 - Thermo Fisher Scientific Launches CTS Detachable Dynabeads CD4 and CTS Detachable Dynabeads CD8 to Enhance Cell Therapy Development and Production
- Nov -07 - CTS Corporation Declares a Dividend
- Nov -05 - CTS Corporation to Participate in the Baird 2024 Global Industrial Conference
- Oct -29 - CTS Corporation (CTS) Q3 2024 Earnings Call Transcript
- Oct -29 - CTS Announces Third Quarter 2024 Results
- Oct -14 - CTS Corporation Announces Date for Third Quarter 2024 Earnings Release and Conference Call
- Sep -06 - CTS Corporation to Participate in the Sidoti Small Cap Conference
- Sep -03 - Blue Biofuels Produces Ethanol in High Yield from Multiple Feedstocks in its Upscaled CTS Process
- Aug -15 - CTS Corporation Declares a Dividend
- Aug -06 - Converge Technology Solutions Announces Participation in the Canaccord Genuity 44th Annual Growth Conference
- Jul -30 - CTS Corporation (CTS) Q2 2024 Earnings Call Transcript
- Jul -16 - CTS Corporation Announces Date for Second Quarter 2024 Earnings Release and Conference Call
- May -21 - Blue Biofuels Receives Canadian Patent on CTS Process
- May -09 - CTS Corporation Declares a Dividend
- May -01 - CTS Announces First Quarter 2024 Results
- Apr -16 - CTS Corporation Announces Date for First Quarter 2024 Earnings Release and Conference Call
- Feb -14 - CTS Corporation to Participate in the Baird Conference on Vehicle Technology & Mobility
- Feb -08 - CTS Corporation Announces Appointment of Amy M. Dodrill to its Board of Directors
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Transportation
Expected Growth : 5.8 %
What the company do ?
CTS Corporation's Transportation segment provides rail-based transportation services, including railcar leasing and rail-based transportation of energy and industrial products.
Why we expect these perspectives ?
CTS Corporation's 5.8% growth in Transportation is driven by increasing demand for automotive sensors, rising adoption of advanced driver-assistance systems (ADAS), and growing electrification of vehicles. Additionally, the company's focus on innovation, strategic partnerships, and expanding presence in emerging markets contribute to its growth momentum.
Segment n°2 -> Industrial
Expected Growth : 5.5 %
What the company do ?
Industrial segment from CTS Corporation provides a range of sensors, actuators, and connectivity solutions for industrial and medical applications.
Why we expect these perspectives ?
CTS Corporation's 5.5% growth in the Industrial segment is driven by increasing demand for sensors and actuators in automotive and industrial automation applications, as well as growing adoption of IoT and Industry 4.0 technologies. Additionally, the company's strategic acquisitions and investments in emerging technologies, such as electric vehicles and renewable energy, are contributing to its growth momentum.
Segment n°3 -> Medical
Expected Growth : 6.2 %
What the company do ?
Medical from CTS Corporation refers to medical devices and equipment designed for healthcare professionals and patients, offering innovative solutions for diagnosis, treatment, and patient care.
Why we expect these perspectives ?
The 6.2% growth in Medical segment of CTS Corporation is driven by increasing demand for medical devices, expansion into emerging markets, and strategic acquisitions. Additionally, advancements in healthcare technology, aging population, and rising healthcare expenditure also contribute to this growth.
Segment n°4 -> Aerospace & Defense
Expected Growth : 5.9 %
What the company do ?
Aerospace & Defense from CTS Corporation provides advanced sensing and connectivity solutions for military, space, and commercial aerospace applications.
Why we expect these perspectives ?
CTS Corporation's 5.9% growth in Aerospace & Defense is driven by increasing demand for advanced sensors and connectivity solutions in military and commercial aircraft, as well as growing investments in space exploration and satellite communications. Additionally, the company's focus on innovation and R&D, coupled with strategic acquisitions, has enabled it to capitalize on emerging trends in the industry.
Cts Corporation Products
| Product Range | What is it ? |
|---|---|
| Sensors and Actuators | CTS Corporation offers a wide range of sensors and actuators that are used in various industries such as automotive, industrial, and aerospace. These products are designed to provide accurate and reliable measurements and control. |
| Components and Subsystems | CTS Corporation provides a variety of components and subsystems that are used in electronic systems, including resistors, capacitors, inductors, and transformers. |
| Frequency Control and Filters | CTS Corporation offers a range of frequency control and filter products, including quartz crystals, oscillators, and filters, that are used in wireless communication systems, computers, and other electronic devices. |
| Electronic Manufacturing Services | CTS Corporation provides electronic manufacturing services, including printed circuit board assembly, box build, and testing, to original equipment manufacturers (OEMs) and electronic manufacturing services (EMS) providers. |
| Aerospace and Defense | CTS Corporation provides a range of products and services to the aerospace and defense industries, including sensors, actuators, and electronic components. |
CTS Corporation's Porter Forces
Threat Of Substitutes
CTS Corporation faces moderate threat from substitutes due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
CTS Corporation has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
CTS Corporation has a moderate dependence on its suppliers, which gives them some bargaining power.
Threat Of New Entrants
CTS Corporation operates in a capital-intensive industry, which creates a barrier to entry for new entrants.
Intensity Of Rivalry
CTS Corporation operates in a highly competitive industry, which leads to intense rivalry among existing players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 12.01% |
| Debt Cost | 7.03% |
| Equity Weight | 87.99% |
| Equity Cost | 7.03% |
| WACC | 7.03% |
| Leverage | 13.65% |
CTS Corporation : Quality Control
CTS Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TTMI | TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It … |
| DAKT | Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. … |
| VPG | Vishay Precision Group, Inc. designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It … |
| BELFA | Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic … |
| SGMA | SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies and completely assembled (box-build) electronic products. The company also … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Bel Fuse
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1-Year Total Return ->
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CTS
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Daktronics
A-Score
1-Year Total Return ->
4
TTM Technologies
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1-Year Total Return ->
5
Vishay Precision Group
A-Score
1-Year Total Return ->
6
