# CTS Corporation (CTS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $57.18, market value $1.6 billion.

## Valuation
- **P/E (trailing): 23.9×** (5-yr avg 23.0×, 3-yr avg 23.7×). CTS Corporation trades at 23.9× trailing earnings, close to its own five-year average of 23.0×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 19.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.94**. A PEG of 0.94 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.9×**. Each dollar of revenue is priced at 2.9×.
- **Price / book: 2.9×**. The shares trade at 2.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.7×**. Enterprise value is 12.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.6%** (5-yr avg 6.3%). Free cash flow equals 5.6% of the market value, in line with its five-year average of 6.3%. Above 5% is generally attractive.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 39.7%**. CTS Corporation keeps 39.7% of revenue after the direct cost of what it sells.
- **Operating margin: 16.4%**. 16.4% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.1%**. 12.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.8%**. 11.8% on shareholders' equity is solid.
- **Return on invested capital: 13.4%**. Return on all capital, debt included, is 13.4%.
- **Return on assets: 9.1%**. Each dollar of assets produces 9.1% of profit.

## Growth
- **Revenue growth (1 yr): 5.2%** (3-yr -2.7%/yr, 5-yr 5.0%/yr). Revenue grew 5.2% over the last year, against 5.0% a year compounded over five years.
- **EPS growth (1 yr): 21.0%** (3-yr 5.8%/yr, 5-yr 15.6%/yr). Earnings per share rose 21.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -6.8%/yr**. Free cash flow has compounded at -6.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. CTS Corporation holds more cash than debt.
- **Current ratio: 2.30** (quick 2.30). Current assets cover the next year's liabilities 2.30 times.
- **Altman Z-score: 6.91**. A Z-score of 6.91 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.28%** ($0.16 per share, trailing). CTS Corporation yields 0.28%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 7%** (5% of free cash flow). 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 34.7%** (YTD 33.6%, 3-mo -9.0%). The shares are up 34.7% over twelve months including dividends.
- **From 52-week high: -17.8%** (58.7% above the low). Trading 18% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 1.48** (volatility 36%). Beta of 1.48 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CTS · Page: https://foliofundamentals.com/stocks/cts

Not investment advice.