Ratios

		vs industry	vs history
P/E(ttm)	17.90	CTS's P/E(ttm) is ranked higher than 78% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 20.31 vs. CTS: 17.90 )	CTS' s 10-Year P/E(ttm) Range Min: 3.84   Max: 134.46 Current: 17.9 3.84 134.46
P/B	1.41	CTS's P/B is ranked lower than 52% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 1.23 vs. CTS: 1.41 )	CTS' s 10-Year P/B Range Min: 0.31   Max: 9.7 Current: 1.41 0.31 9.7
P/S	0.67	CTS's P/S is ranked higher than 57% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 0.73 vs. CTS: 0.67 )	CTS' s 10-Year P/S Range Min: 0.13   Max: 2.38 Current: 0.67 0.13 2.38
PFCF	14.18	CTS's PFCF is ranked lower than 58% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 13.74 vs. CTS: 14.18 )	CTS' s 10-Year PFCF Range Min: 4.43   Max: 1081.26 Current: 14.18 4.43 1081.26
EV-to-EBIT	16.1	CTS's EV-to-EBIT is ranked higher than 81% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 15.40 vs. CTS: 16.1 )	CTS' s 10-Year EV-to-EBIT Range Min: 5.5   Max: 60 Current: 16.1 5.5 60
PEG	0.5	CTS's PEG is ranked lower than 74% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 1.50 vs. CTS: 0.5 )	CTS' s 10-Year PEG Range Min: 1.69   Max: 5.5 Current: 0.5 1.69 5.5
Shiller P/E	27.98	CTS's Shiller P/E is ranked higher than 90% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 21.15 vs. CTS: 27.98 )	CTS' s 10-Year Shiller P/E Range Min: 5.02   Max: 174.44 Current: 27.98 5.02 174.44

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	1.25	CTS's Dividend Yield is ranked higher than 60% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 2.33 vs. CTS: 1.25 )	CTS' s 10-Year Dividend Yield Range Min: 0.19   Max: 5.31 Current: 1.25 0.19 5.31
Dividend Payout	0.2	CTS's Dividend Payout is ranked higher than 96% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 0.71 vs. CTS: 0.2 )	CTS' s 10-Year Dividend Payout Range Min: 0.04   Max: 0.33 Current: 0.2 0.04 0.33
Dividend growth (3y)	3.9	CTS's Dividend growth (3y) is ranked higher than 96% of the 1946 Companies in the Global Electronic Components industry. ( Industry Median: -3.20 vs. CTS: 3.9 )	CTS' s 10-Year Dividend growth (3y) Range Min: 0   Max: 3.9 Current: 3.9 0 3.9
Yield on cost (5-Year)	1.55	CTS's Yield on cost (5-Year) is ranked higher than 61% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 2.39 vs. CTS: 1.55 )	CTS' s 10-Year Yield on cost (5-Year) Range Min: 0.23   Max: 6.34 Current: 1.55 0.23 6.34
Share Buyback Rate	-0.5	CTS's Share Buyback Rate is ranked higher than 88% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: -1.10 vs. CTS: -0.5 )	CTS' s 10-Year Share Buyback Rate Range Min: 3.1   Max: -7.5 Current: -0.5

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	3.7	CTS's Price/Net Current Asset Value is ranked higher than 83% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 4.10 vs. CTS: 3.7 )	CTS' s 10-Year Price/Net Current Asset Value Range Min: 2.1   Max: 7.1 Current: 3.7 2.1 7.1
Price/Tangible Book	2.1	CTS's Price/Tangible Book is ranked higher than 72% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 1.40 vs. CTS: 2.1 )	CTS' s 10-Year Price/Tangible Book Range Min: 1   Max: 4.1 Current: 2.1 1 4.1
Price/DCF (Projected)	0.9	CTS's Price/DCF (Projected) is ranked higher than 87% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 1.10 vs. CTS: 0.9 )	CTS' s 10-Year Price/DCF (Projected) Range Min: 0.5   Max: 4.5 Current: 0.9 0.5 4.5
Price/Median PS Value	0.9	CTS's Price/Median PS Value is ranked higher than 89% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 0.80 vs. CTS: 0.9 )	CTS' s 10-Year Price/Median PS Value Range Min: 0.4   Max: 1.7 Current: 0.9 0.4 1.7
Price/Graham Number	1.3	CTS's Price/Graham Number is ranked higher than 76% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 1.10 vs. CTS: 1.3 )	CTS' s 10-Year Price/Graham Number Range Min: 0.6   Max: 1.6 Current: 1.3 0.6 1.6
Earnings Yield (Greenblatt)	6.20	CTS's Earnings Yield (Greenblatt) is ranked higher than 88% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 5.45 vs. CTS: 6.20 )	CTS' s 10-Year Earnings Yield (Greenblatt) Range Min: 1.7   Max: 18.2 Current: 6.2 1.7 18.2
Forward Rate of Return (Yacktman)	3.81	CTS's Forward Rate of Return (Yacktman) is ranked higher than 82% of the 1561 Companies in the Global Electronic Components industry. ( Industry Median: 3.01 vs. CTS: 3.81 )	CTS' s 10-Year Forward Rate of Return (Yacktman) Range Min: -6   Max: 17.4 Current: 3.81 -6 17.4

Business Description

CTS Corporation was established in 1896 and was incorporated as an Indiana corporation in February 1929. The Company design, manufacture, assemble, and sell a broad line of electronic components and sensors and provide electronics manufacturing services primarily to original equipment manufacturers ("OEMs") for the automotive, communications, defense and aerospace, medical, industrial and computer markets. It operate manufacturing facilities located throughout North America, Asia and Europe and serve major markets globally. The company have two reportable segments: Components and Sensors and Electronics Manufacturing Services ("EMS"). Components and sensors are products that perform specific electronic functions for a given product family and are intended for use in customer assemblies. Components and sensors consist principally of automotive sensors and actuators used in commercial or consumer vehicles; electronic components used in communications infrastructure and computer markets; components used in computer and other high-speed applications, switches, resistor networks, and potentiometers used to serve multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and computer markets. EMS includes the higher level assembly of electronic and mechanical components into a finished subassembly or assembly performed under a contract manufacturing agreement with an OEM or other contract manufacturer. Additionally, for some customers, the company provide full turnkey manufacturing and completion including design, supply chain management, logistics and repair. Products from the EMS segment are principally sold in the communications, defense and aerospace, industrial, medical, and computer OEM markets. Other smaller markets include OEM customers in consumer electronics, instruments and controls, and networking. The company maintain a program of obtaining and protecting U.S. and non-U.S. patents and trademarks. CTS corp were issued nine new U.S. patents and 16 non-U.S. counterpart patents in 2011 and currently hold 184 U.S. patents and 133 non-U.S. counterpart patents.
Company Website
SEC Reports

Industry:	Electronic Components
Compare:	HTHIY, MIELY, APH, TEL, GLW

» More Articles for CTS

Headlines

Articles On GuruFocus.com

Cognizant - Investors Should Look Elsewhere Jan 26 2012

Guru Stocks Raising Dividends: CTS, UBA, UDR, WDR, CHCO Dec 19 2011

Robert Olstein... A Year Later Oct 25 2011

CTS Corp. Reports Operating Results (10-Q) Oct 27 2010

CTS Corp. Reports Operating Results (10-Q) Jul 27 2010

CTS Corp. Reports Operating Results (10-Q) Apr 28 2010

CTS Corp. Reports Operating Results (10-Q) Oct 28 2009

CTS Corp. Reports Operating Results (10-Q) Jul 28 2009

CTS Corp. Reports Operating Results (10-Q) Apr 29 2009

CTS Corp. (CTS) CEO Vinod M Khilnani buys 2,643 Shares Mar 13 2009

Personalized Checklist