CTS Corporation

CTS is a designer and manufacturer of sensors, actuators and electronic components for original equipment manufacturers in the aerospace, communications, defense, industrial, information technology, medical and transportation markets. CTS products are manufactured utilizing state-of-the-art technology driven by a highly capable and dedicated staff. This is accomplished by maintaining a strategy of investing in innovative products that fulfil the CTS value proposition - sense, connect and move.

Type
Public
HQ
Elkhart, US
Founded
1896
Size (employees)
2,796 (est)-3%
CTS Corporation was founded in 1896 and is headquartered in Elkhart, US

Key People at CTS Corporation

Kieran O’Sullivan

Kieran O’Sullivan

President, Chief Executive Officer and Chairman of the Board

CTS Corporation Office Locations

CTS Corporation has offices in Elkhart, Albuquerque, Malden, Farmington Hills and in 13 other locations
Elkhart, US (HQ)
1142 W Beardsley Ave
Xiaogang District, TW
Zhongshan 4th Rd
Kanagawa Ku, JP
TVPビルディング
Singapore, SG
6 Serangoon North Ave 5
Blantyre, GB
Blantyre Industrial Estate 5358 South Ave
Ostrava, CZ
872 Na Rovince
Ciudad Juárez, MX
Parque Industrial Axial
Lisle, US
2375 Cabot Dr
Hopkinton, US
75 South St
Farmington Hills, US
280 30445 Northwestern Hwy
Malden, US
7 Bow St
Albuquerque, US
4800 Alameda Blvd Ne

CTS Corporation Metrics

CTS Corporation Financial Metrics

CTS Corporation's revenue was reported to be $396.7 m in FY, 2016 which is a 4% increase from the previous period.

Revenue (FY, 2016)

$396.7 m

Revenue growth (FY, 2015 - FY, 2016), %

4%

Gross profit (FY, 2016)

$140.4 m

Gross profit margin (FY, 2016), %

35%

Net income (FY, 2016)

$34.4 m

EBIT (FY, 2016)

$63.2 m

Market capitalization (28-Apr-2017)

$724 m

Closing share price (28-Apr-2017)

$21.8

Cash (31-Dec-2016)

$113.8 m
CTS Corporation's current market capitalization is $724 m.
Y, 2013FY, 2014FY, 2015FY, 2016

Revenue

$409.5 m$404 m$382.3 m$396.7 m

Revenue growth, %

(1%)(5%)4%

Cost of goods sold

$288.1 m$274.1 m$255.2 m$256.3 m

Gross profit

$121.4 m$130 m$127.1 m$140.4 m

Gross profit Margin, %

30%32%33%35%

EBIT

$17.7 m$42.3 m$18.1 m$63.2 m

EBIT margin, %

4%10%5%16%

Interest income

$1.9 m$2.8 m$3.1 m$1.3 m

Pre tax profit

$39.3 m$12.3 m$57.2 m

Net Income

$26.5 m$7 m$34.4 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$124.4 m$134.5 m$156.9 m$113.8 m

Accounts Receivable

$56.9 m$54.6 m$62.6 m

Inventories

Current Assets

$236.3 m$240.4 m$252 m$215.7 m

PP&E

$71.4 m$69.9 m$82.1 m

Goodwill

$32 m$33.9 m$61.7 m

Total Assets

$480.3 m$456.9 m$484.1 m$517.7 m

Accounts Payable

$47.1 m$43.3 m$40.3 m$40 m

Current Liabilities

$95.1 m$80 m$101.4 m$98.1 m

Common Stock

$299.9 m$300.9 m$302.8 m

Preferred Stock

Retained Earnings

$359 m$380.1 m$381.8 m$411 m

Total Equity

$296.7 m$289.8 m$281.7 m$317.9 m

Financial Leverage

1.6 x1.6 x1.7 x1.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$26.5 m$7 m$34.4 m

Depreciation and Amortization

$21.2 m$17 m$16.3 m$19 m

Accounts Receivable

($6.1 m)$4.4 m$1 m($7.1 m)

Inventories

($2.5 m)$3.4 m$2.2 m($2.3 m)

Accounts Payable

$4.7 m($2.7 m)($5.1 m)$537 k

Cash From Operating Activities

$37.6 m$32.4 m$38.6 m$47.2 m

Capital Expenditures

($14 m)($12.9 m)($9.7 m)($20.5 m)

Cash From Investing Activities

$62.8 m($8 m)($9.1 m)($81.3 m)

Long-term Borrowings

($3.9 b)($1 b)($1.3 b)($2.5 b)

Dividends Paid

($4.9 m)($5.4 m)($5.3 m)($5.2 m)

Cash From Financing Activities

($86.6 m)($15 m)($7.3 m)($8.6 m)

Interest Paid

$3.1 m$2.1 m$2.4 m$2.9 m

Income Taxes Paid

$8 m$6.8 m$10.5 m

Free Cash Flow

$51.6 m$45.4 m$48.3 m$67.7 m
Y, 2016

Financial Leverage

1.6 x

CTS Corporation Market Value History

CTS Corporation Online Presence

CTS Corporation Company Life

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