CTS Corp
NYSE:CTS
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (2.3), the stock would be worth $51.8 (9% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.5 | $57 |
0%
|
| 3-Year Average | 2.3 | $51.8 |
-9%
|
| 5-Year Average | 2.2 | $50.19 |
-12%
|
| Industry Average | 2.3 | $51.92 |
-9%
|
| Country Average | 1.5 | $33.3 |
-42%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
CTS Corp
NYSE:CTS
|
1.6B USD | 2.5 | 25.1 | |
| CN |
|
Foxconn Industrial Internet Co Ltd
SSE:601138
|
1.2T CNY | 6 | 35 | |
| TW |
|
Hon Hai Precision Industry Co Ltd
TWSE:2317
|
3.1T TWD | 1.2 | 16.2 | |
| CH |
|
TE Connectivity Ltd
NYSE:TEL
|
60.6B USD | 2.9 | 20.9 | |
| CA |
|
Celestica Inc
TSX:CLS
|
64.1B CAD | 10 | 57 | |
| US |
|
Jabil Inc
NYSE:JBL
|
36.2B USD | 3.7 | 44.8 | |
| SG |
|
Flex Ltd
NASDAQ:FLEX
|
34.6B USD | 3.2 | 40.7 | |
| KY |
|
Fabrinet
NYSE:FN
|
25.3B USD | 15.8 | 66.5 | |
| US |
|
TTM Technologies Inc
NASDAQ:TTMI
|
16.4B USD | 6 | 92.2 | |
| TW |
|
FIH Mobile Ltd
F:FW3
|
11.5B EUR | 14.3 | 252.8 | |
| US |
|
Sollensys Corp
OTC:SOLS
|
12.8B USD | 3.4 | 53.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.9 |
| Median | 1.5 |
| 70th Percentile | 2.9 |
| Max | 566 432.7 |
Other Multiples
CTS Corp
Glance View
CTS Corporation, with its roots tracing back to the late 19th century, has evolved into a significant player in the realm of electronic components and technology manufacturing. Founded in 1896 in Elkhart, Indiana, the company initially focused on producing resilient potentiometers for radios and other electronics as these technologies burgeoned. Over time, CTS strategically diversified its product offerings, aligning with the swift pace of advancements in various sectors. Today, its core operations revolve around designing and manufacturing complex sensor and connectivity devices, alongside components critical to communication infrastructure, automotive, industrial, defense, and aerospace sectors. In crafting value, CTS leverages its engineering prowess, developing products that cater to the precise needs of its clientele. The company's revenue model is deeply intertwined with its ability to integrate state-of-the-art materials science and cutting-edge engineering processes. By investing in research and development, CTS ensures its products meet the exacting standards required in demanding environments, carving out a niche where precision and reliability are paramount. This strategic focus allows CTS to maintain robust customer relationships globally, ensuring its components are crucial in an ever-expanding array of advanced technologies that power modern society.