CTS Corporation
Rank #255Capital ReturnCTS · NYSE · Technology
CTS Corporation (CTS) — Rank #255 by gross profitability (GP/assets 0.27) · ROE 11.7% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000026058 · all metrics point-in-time as of the filing date.
About
CTS Corporation designs, manufactures, and sells sensors, connectivity components, and actuators in North America, Europe, and Asia.
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The company offers controls, pedals, sensors, switches, transducers, and piezo sensing products; EMI/RFI filters, capacitors, resistors, RF filters, and frequency control products; and piezo microactuators and rotary actuators. It serves transportation, industrial, medical, aerospace, and defense industries. The company sells and markets its products through its sales engineers, independent manufacturer representatives, and distributors.
CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
- Industry
- Electronic Components
- Sector
- Technology
- State
- IN
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- ctscorp.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$1.61B
P/E (annual)
25.8
P/S (annual)
3.0
P/B
2.9
P/OCF (annual)
15.8
Shareholder Yield
3.3%
Employees
—
Industry
Electronic Components
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
7.4%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -3.0% — per-share value needs a total required return of 4.4% once share-count change is priced in.
vs. own 6-year median revenue growth: -0.5%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
3.1%
r = 10% (base)
7.4%
r = 12%
11.1%
Net debt / market cap: -5.4%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.27
Primary signal (Novy-Marx).
45th pctl of 43 SIC 36 peers
Return on equity
11.7%
Gross margin
38.4%
26th pctl of 43 SIC 36 peers
Revenue growth (YoY)
5.2%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-2.7%
Revenue CAGR (5Y)
5.0%
Earnings CAGR (3Y)
3.1%
FCF CAGR (3Y)
-6.8%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.39
62nd pctl of 41 SIC 36 peers (best = lowest)
Current ratio
2.52×
45th pctl of 43 SIC 36 peers
Quick ratio
1.75×
Net cash
$90.85M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$86.37M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.32
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
—
Stock-based comp intensity.
Dividend safety
Composite score
3.0 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.