Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

CTS Corporation (CTS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$16.77 - $25.19$20.75
Multi-Stage$23.25 - $25.54$24.37
Blended Fair Value$22.56
Current Price$39.94
Upside-43.51%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.39%-0.95%0.160.170.170.170.170.170.170.170.170.17
YoY Growth---3.08%-1.77%-0.81%-0.12%-1.13%-0.89%0.48%0.50%-1.08%-1.54%
Dividend Yield--0.39%0.36%0.34%0.48%0.55%0.69%0.59%0.64%0.81%1.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)59.19
(-) Cash Dividends Paid (M)4.79
(=) Cash Retained (M)54.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.847.404.44
Cash Retained (M)54.4054.4054.40
(-) Cash Required (M)-11.84-7.40-4.44
(=) Excess Retained (M)42.5647.0049.96
(/) Shares Outstanding (M)30.3030.3030.30
(=) Excess Retained per Share1.401.551.65
LTM Dividend per Share0.160.160.16
(+) Excess Retained per Share1.401.551.65
(=) Adjusted Dividend1.561.711.81
WACC / Discount Rate9.22%9.22%9.22%
Growth Rate-0.09%0.91%1.91%
Fair Value$16.77$20.75$25.19
Upside / Downside-58.02%-48.04%-36.94%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)59.1959.7360.2760.8261.3761.9363.79
Payout Ratio8.09%24.48%40.86%57.24%73.62%90.00%92.50%
Projected Dividends (M)4.7914.6224.6234.8145.1855.7459.00

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.22%9.22%9.22%
Growth Rate-0.09%0.91%1.91%
Year 1 PV (M)13.2513.3813.52
Year 2 PV (M)20.2320.6421.05
Year 3 PV (M)25.9326.7227.52
Year 4 PV (M)30.5131.7533.02
Year 5 PV (M)34.1235.8637.67
PV of Terminal Value (M)580.40610.04640.87
Equity Value (M)704.44738.38773.65
Shares Outstanding (M)30.3030.3030.30
Fair Value$23.25$24.37$25.54
Upside / Downside-41.78%-38.98%-36.06%

High-Yield Dividend Screener

« Prev Page 69 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SIE.DESiemens AG2.14%$5.1641.34%
TBIG.JKPT Tower Bersama Infrastructure Tbk2.14%$55.6585.41%
VNX.DENXP Semiconductors N.V.2.14%$4.0549.93%
010100.KSKorea Movenex Co., Ltd.2.13%$99.689.18%
300154.SZShenzhen Riland Industry Group Co., Ltd2.13%$0.2190.73%
600848.SSShanghai Lingang Holdings Co.,Ltd.2.13%$0.2539.80%
7259.TAisin Corporation2.13%$62.3927.27%
ALBRK.ISAlbaraka Türk Katilim Bankasi A.S.2.13%$0.173.51%
BURBurford Capital Limited2.13%$0.1947.60%
ECSC.LECSC Group plc2.13%$1.1222.10%
PR9.BKPraram 9 Hospital Public Company Limited2.13%$0.4038.51%
000630.SZTongling Nonferrous Metals Group Co.,Ltd.2.12%$0.1392.15%
000878.SZYunnan Copper Co., Ltd.2.12%$0.4467.43%
002223.SZJiangsu Yuyue Medical Equipment & Supply Co., Ltd.2.12%$0.8146.42%
002731.SZShenyang Cuihua Gold and Silver Jewelry Co., Ltd.2.12%$0.2724.86%
0RKK.LVolati AB2.12%$2.2057.57%
0RVK.LBefesa S.A.2.12%$0.7464.88%
163560.KSDRB Industrial Co., Ltd.2.12%$146.7836.08%
2641.TWOFranbo Lines Corp.2.12%$0.4325.10%
443060.KSHdhms2.12%$4,099.9369.50%
605500.SSForest Packaging Group Co.,Ltd.2.12%$0.1989.23%
6455.TMorita Holdings Corporation2.12%$58.4524.57%
CCOLA.ISCoca-Cola Içecek Anonim Sirketi2.12%$1.2625.02%
MTWI.JKPT Malacca Trust Wuwungan Insurance Tbk2.12%$7.8425.68%
PNDX-B.STPandox AB (publ)2.12%$4.2540.78%
000860.KSKangnam Jevisco Co., Ltd2.11%$292.3959.03%
002440.SZZhejiang Runtu Co., Ltd.2.11%$0.1660.72%
002973.SZQiaoyin City Management Co.,Ltd.2.11%$0.2959.79%
0400.HKIngdan, Inc.2.11%$0.0622.33%
0Z4I.LSunny Optical Technology (Group) Company Limited2.11%$0.7115.45%
200771.SZHangzhou Steam Turbine Co., Ltd.2.11%$0.2859.18%
285130.KSSK Chemicals Co.,Ltd2.11%$1,396.2531.71%
688558.SSNantong Guosheng Intelligence Technology Group Co., Ltd.2.11%$0.6153.65%
NRDF.CONordfyns Bank A/S2.11%$13.0894.24%
001880.KSDL Construction Co., Ltd.2.10%$300.9316.73%
002967.SZGRG Metrology & Test Group Co. Ltd. Class A2.10%$0.4662.67%
023350.KSKorea Engineering Consultants Corp.2.10%$100.0016.54%
1423.TWReward Wool Industry Corporation2.10%$0.7918.73%
2811.TKagome Co., Ltd.2.10%$56.5639.32%
601456.SSGuolian Minsheng Securities Co., Ltd.2.10%$0.2168.71%
U10.SIUOB-Kay Hian Holdings Limited2.10%$0.0524.07%
UNBL.PAUnibel S.A.2.10%$24.7334.10%
3979.TUluru.Co.,Ltd.2.09%$8.7136.14%
600309.SSWanhua Chemical Group Co., Ltd.2.09%$1.6045.09%
7714.TWOUniforce Technology Corp.2.09%$3.8369.36%
ALIG.STAlimak Group AB (publ)2.09%$2.9845.61%
002226.SZAnhui Jiangnan Chemical Industry Co., Ltd.2.08%$0.1239.66%
002706.SZShanghai Liangxin Electrical Co.,LTD.2.08%$0.2279.51%
002763.SZShenzhen Huijie Group Co., Ltd.2.08%$0.1578.60%
4016.SRMiddle East Pharmaceutical Industries Company2.08%$2.3548.29%