CTS - CTS Corporation
NYSE
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Technology
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Electronic Components
Lisle,
United States
Type: Equity
CTS price evolution
CTS
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $163.88 | $160.11 | $150.88 | $143.54 |
| Short term investments | ||||
| Net receivables | $78.57 | $89.56 | $97.52 | $97.71 |
| Inventory | $60.03 | $65.38 | $62.56 | $63.47 |
| Total current assets | $319.35 | $334.32 | $329.88 | $322.64 |
| Long term investments | ||||
| Property, plant & equipment | $119.02 | $120.42 | $120.72 | $118.15 |
| Goodwill & intangible assets | $261.6 | $257.96 | $264.65 | $265.36 |
| Total noncurrent assets | $421.82 | $419.64 | $426.03 | $424.36 |
| Total investments | ||||
| Total assets | $741.17 | $753.96 | $755.91 | $747.01 |
| Current liabilities | ||||
| Accounts payable | $43.5 | $49.85 | $53.12 | $53.41 |
| Deferred revenue | ||||
| Short long term debt | $4.39 | $4.44 | $4.29 | $4.03 |
| Total current liabilities | $97.04 | $103.43 | $107.18 | $105.78 |
| Long term debt | $67.5 | $102.68 | $101.57 | $101.07 |
| Total noncurrent liabilities | $117.31 | $127.87 | $127.33 | $127.09 |
| Total debt | $96.86 | $107.13 | $105.87 | $105.1 |
| Total liabilities | $214.34 | $231.29 | $234.51 | $232.87 |
| Shareholders' equity | ||||
| Retained earnings | $602.23 | $588.14 | $575.42 | $563.79 |
| Other shareholder equity | $4.26 | -$0.68 | $3.69 | $0.7 |
| Total shareholder equity | $526.82 | $522.67 | $521.39 | $514.14 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $163.88 | $156.91 | $141.47 | $91.77 |
| Short term investments | ||||
| Net receivables | $78.57 | $90.94 | $82.19 | $80.98 |
| Inventory | $60.03 | $62.26 | $49.51 | $45.87 |
| Total current assets | $319.35 | $325.76 | $289.09 | $233.23 |
| Long term investments | ||||
| Property, plant & equipment | $119.02 | $120 | $118.47 | $120.72 |
| Goodwill & intangible assets | $261.6 | $260.41 | $179.69 | $188.62 |
| Total noncurrent assets | $421.82 | $422.73 | $375.37 | $392.82 |
| Total investments | ||||
| Total assets | $741.17 | $748.49 | $664.46 | $626.05 |
| Current liabilities | ||||
| Accounts payable | $43.5 | $53.21 | $55.54 | $50.49 |
| Deferred revenue | ||||
| Short long term debt | $4.39 | $3.94 | $3.39 | $3.29 |
| Total current liabilities | $97.04 | $112.53 | $114.07 | $104.93 |
| Long term debt | $67.5 | $83.67 | $71.35 | $77.76 |
| Total noncurrent liabilities | $117.31 | $129.73 | $86.82 | $97.44 |
| Total debt | $96.86 | $109.36 | $74.75 | $81.06 |
| Total liabilities | $214.34 | $242.26 | $200.88 | $202.37 |
| Shareholders' equity | ||||
| Retained earnings | $602.23 | $546.7 | $492.24 | $539.28 |
| Other shareholder equity | $4.26 | -$0.67 | -$4.53 | -$95.92 |
| Total shareholder equity | $526.82 | $506.22 | $463.58 | $423.68 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $124.69 | $134.55 | $145.18 | $145.99 |
| Cost of revenue | $88.15 | $94.44 | $94.34 | |
| Gross Profit | $42.66 | $46.4 | $50.74 | $51.65 |
| Operating activities | ||||
| Research & development | $6.32 | $6.72 | $6.59 | |
| Selling, general & administrative | $18.67 | $23.69 | $21.98 | |
| Total operating expenses | $24.77 | $28.21 | $32.31 | $29.48 |
| Operating income | $18.19 | $18.43 | $22.18 | |
| Income from continuing operations | ||||
| EBIT | $19.73 | $16.9 | $23.4 | |
| Income tax expense | $2.31 | $4.77 | $3.18 | $4.37 |
| Interest expense | $0.72 | $1 | $0.82 | $0.69 |
| Net income | ||||
| Net income | $15.32 | $13.97 | $12.9 | $18.34 |
| Income (for common shares) | $13.97 | $12.9 | $18.34 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $550.42 | $586.87 | $424.07 | |
| Cost of revenue | $376.33 | $285 | ||
| Gross Profit | $191.46 | $210.54 | $139.06 | |
| Operating activities | ||||
| Research & development | $24.1 | $24.32 | ||
| Selling, general & administrative | $91.52 | $67.79 | ||
| Total operating expenses | $108.73 | $117.53 | $93.93 | |
| Operating income | $93.01 | $45.13 | ||
| Income from continuing operations | ||||
| EBIT | $82.93 | $48.75 | ||
| Income tax expense | $14.62 | $21.16 | $10.79 | |
| Interest expense | $1.29 | $2.19 | $3.27 | |
| Net income | ||||
| Net income | $60.53 | $59.58 | $34.69 | |
| Income (for common shares) | $59.58 | $34.69 | ||
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $15.32 | $13.97 | $12.9 | $18.34 |
| Operating activities | ||||
| Depreciation | $7.29 | $7.25 | $7.26 | $6.92 |
| Business acquisitions & disposals | -$0 | -$3.36 | ||
| Stock-based compensation | $0.54 | $1.41 | $1.65 | $1.59 |
| Total cash flows from operations | $32.07 | $22.14 | $23.42 | $11.19 |
| Investing activities | ||||
| Capital expenditures | -$3.5 | -$2.75 | -$3.95 | -$4.54 |
| Investments | ||||
| Total cash flows from investing | -$3.5 | -$2.75 | -$3.95 | -$7.9 |
| Financing activities | ||||
| Dividends paid | -$1.25 | -$1.26 | -$1.26 | -$1.27 |
| Sale and purchase of stock | -$15.04 | -$8.33 | -$8.76 | -$8.8 |
| Net borrowings | -$9.16 | -$0.38 | -$3.22 | -$3.41 |
| Total cash flows from financing | -$25.46 | -$9.97 | -$13.34 | -$16.63 |
| Effect of exchange rate | $0.66 | -$0.18 | $1.21 | -$0.04 |
| Change in cash and equivalents | $3.76 | $9.23 | $7.34 | -$13.37 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $60.53 | $59.58 | -$41.87 | $34.69 |
| Operating activities | ||||
| Depreciation | $28.71 | $29.75 | $26.93 | $26.67 |
| Business acquisitions & disposals | -$3.36 | -$96.86 | -$0.26 | -$8.31 |
| Stock-based compensation | $5.18 | $7.73 | $6.11 | $3.42 |
| Total cash flows from operations | $88.81 | $121.2 | $86.14 | $76.78 |
| Investing activities | ||||
| Capital expenditures | -$14.74 | -$14.33 | -$15.64 | -$14.86 |
| Investments | ||||
| Total cash flows from investing | -$18.1 | -$111.19 | -$15.9 | -$23.17 |
| Financing activities | ||||
| Dividends paid | -$5.04 | -$5.13 | -$5.17 | -$5.18 |
| Sale and purchase of stock | -$40.93 | -$21.45 | -$8.79 | -$8.08 |
| Net borrowings | -$16.17 | $33.64 | -$4.6 | -$45.1 |
| Total cash flows from financing | -$65.4 | $4.34 | -$20.71 | -$61.33 |
| Effect of exchange rate | $1.65 | $1.1 | $0.16 | -$0.75 |
| Change in cash and equivalents | $6.97 | $15.45 | $49.69 | -$8.47 |
News
Fundamentals
| Market cap | $1.36B |
|---|---|
| Enterprise value | $1.30B |
| Shares outstanding | 31.16M |
| Revenue | $550.42M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $60.53M |
| Revenue Q/Q | -12.36% |
| Revenue Y/Y | -6.21% |
| P/E ratio | 22.53 |
|---|---|
| EV/Sales | 2.36 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.48 |
| P/B ratio | 2.61 |
| Book/Share | 16.77 |
| Cash/Share | 5.26 |
| EPS | $1.94 |
|---|---|
| ROA | 8.08% |
| ROE | 11.61% |
| Debt/Equity | 0.41 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 3.29 |
| Quick ratio | 2.67 |