Superworth

CTS CTS

Hardware, Equipment & Parts, Technology
$53.06
−0.88%
Market cap
$1.5B
PE
22.3×
10y median 25.9×
Forward PE
n/m
not a meaningful number
Price to sales
2.7×
EV/EBIT
16.5×
Revenue, 12 months
$564.3M
+9% on a year ago
Net margin
12.4%
Free cash flow yield
6.0%

CTS trades at 22.3× trailing earnings, cheaper than 79% of the last ten years. Revenue was $564.3M over the last twelve months, up 9% on a year earlier with a 12% net margin.

Charts

Financials

Income statement for CTS, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$134.6M−11%$124.7M−12%$125.8M−14%$130.2M−10%$132.4M−2%$126.5M+1%$125.8M+0%$135.3M+4%$143M+8%$137.3M+9%$139.2M+11%$144.8M+7%
Cost of revenue$88.2M−11%$82.6M−10%$80.7M−15%$83.8M−11%$83.2M−6%$79.6M−4%$79.2M−2%$82.9M−1%$87.6M+5%$83.6M+5%$84.2M+6%$84.7M+2%
Gross profit$46.4M−13%$42.1M−18%$45.1M−13%$46.4M−9%$49.2M+6%$46.9M+12%$46.5M+3%$52.4M+13%$55.3M+13%$53.7M+15%$55M+18%$60M+15%
R&D$6.3M+2%$5.3M−2%$6.6M+0%$6.1M−9%$5M−20%$5.7M+7%$6.2M−6%$6.3M+4%$6.9M+37%$5.9M+3%$6.6M+7%$4.8M−25%
SG&A$18.7M−22%$19.5M−17%$22.3M+1%$21.3M−10%$22.5M+21%$22.2M+14%$23.6M+6%$23.1M+8%$27.2M+21%$24.8M+12%$26M+10%$28.4M+23%
$18.2M−20%$16.3M−25%$14.5M−34%$17.8M−4%$20.9M+15%$18M+11%$16.3M+12%$22.7M+28%$20.9M+0%$22.7M+26%$22M+35%$26.8M+18%
Interest expense$997K+192%$822K+17%$801K+15%$833K+2%$1.3M+31%$1.3M+57%$1.2M+46%$1.1M+35%$1.1M−15%$911K−30%$708K−39%$704K−37%
Pre-tax income$18.7M+8%$17.6M−15%$13.7M−40%$17.8M+11%$21.8M+17%$15.3M−13%$16.1M+18%$23M+29%$19.7M−10%$24.9M+63%$21.7M+34%$26.2M+14%
$4.8M−13%$2.3M−60%$2.5M−42%$3.1M−4%$3.8M−21%$3.7M+62%$2.8M+9%$4.5M+46%$6M+60%$5.2M+39%$4.5M+63%$7.1M+59%
Net income$14M+18%$15.3M+3%$11.1M−39%$14.7M+14%$18.1M+29%$11.6M−25%$13.4M+20%$18.5M+26%$13.7M−24%$19.7M+71%$17.2M+29%$19.2M+3%
$0.44+19%$0.49+7%$0.36−38%$0.48+17%$0.59+34%$0.38−22%$0.44+22%$0.62+29%$0.46−22%$0.67+76%$0.59+34%$0.66+7%
31.5M−2%31.3M−3%31M−3%30.7M−3%30.5M−3%30.6M−2%30.3M−2%30M−2%29.6M−3%29.3M−4%29M−4%28.9M−4%

Revenue: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them. 19 periods, Q2 FY10 to Q3 FY15: not printed by the filing, worked out from its own lines.

R&D: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

SG&A: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Operating income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Income tax: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Net income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

EPS, diluted: 7 periods, Q1 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent. Q4 FY11: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'.

Diluted shares: Q1 FY10 and Q1 FY11: share-days: the 6-month average less the second quarter's. 12 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 3 periods, Q4 FY13 to Q4 FY17: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Hardware, Equipment & Parts nearest CTS' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
CTSCTS$1.5B22.3×25.9×2.7×+9%12.4%
ALNTAllient$1.5B51.6×36.0×2.6×+11%5.0%
BHEBenchmark Electronics$2.4B44.8×24.3×0.8×+9%1.9%
VREXVarex Imaging$775.5M35.4×32.1×0.9×+5%2.6%
TRNSTranscat$766.8M221×46.1×2.2×+21%1.0%
FEIMFrequency Electronics$723.5M257×26.8×9.9×+6%3.7%
MLABMesa Laboratories$720M153×121×2.9×+3%1.9%
VPGVishay Precision$709.3M178×23.5×2.2×+11%1.2%
ITRIItron$3.8B14.6×42.6×1.7×−6%11.9%
KEKimball Electronics$589.6M21.8×15.8×0.4×−4%2.0%
OLEDUniversal Display$4B21.1×44.6×6.6×−8%32.2%
Peer median$771.1M48.2×34.0×2.2×+6%2.3%

More on CTS

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About

Industry
Hardware, Equipment & Parts
Sector
Technology

Valuation data, not investment advice. Prices as of .