Stock fact sheet · data as of
CTS Corporation (CTS): fair value, margin of safety and Wheel Score
Ticker symbol CTS · Technology · Hardware, Equipment & Parts · United States · Blend
Is CTS undervalued?
CTS closed at 61.91 on 5 Nov 2026, which is 26% above the GLS average fair value of 49.30 from 9 models. 5 of them value the shares below today's price. Our scans read that as "no margin of safety": the stock is not a value candidate at this price, whatever the quality numbers say.
The 9 models disagree widely: DDM gives 2.35 while 10 Cap gives 105.15. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for CTS, so the nightly engine files it under Blend (value score 28, growth score 25, out of 100).
Nine valuation models for CTS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 97.68 | +58% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 34.59 | -44% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 71.07 | +15% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 25.35 | -59% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 6.90 | -89% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 105.15 | +70% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 71.86 | +16% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 2.35 | -96% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 28.75 | -54% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.41 | -98% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 73.50 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health CTS scores 8/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 7.0 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 9.7%, ROE 11.8%, ROA 8.5% - with debt at 0.22 times equity and a free-cash-flow yield of 6.1%.
The dividend yield is 0.26% with a payout ratio of 6% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Components And Sensors 65%, Ems 35% (quarter Q3 FY2013).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 9.7% |
|---|---|---|---|
| GLS Moat | 7.0 / 10 | ROE | 11.8% |
| Debt / equity | 0.22 | ROA | 8.5% |
| Free-cash-flow yield | 6.1% | Payout ratio | 6% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 40: Weak
CTS scores 40 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (104 open interest, 57 a day); and filter 3, below fair value - trades 26% above our fair value, and the parts are thin too - value weak, premium strong, moat good, health strong, red flags strong, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 34% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 104 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 244k shares a day on a market cap of $1.8B, with a beta of 0.94; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (104 open interest, 57 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 26% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 26% above fair value | |
| Premium | Strong | implied volatility 34% | |
| Moat | Good | moat 7.0/10 | |
| Health | Strong | Piotroski 8/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Weak | 57 contracts a day, 104 open interest | |
| Stability | Fair | beta 0.94, $1.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for CTS in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Hardware, Equipment & Parts
The 12 companies below are the closest to CTS Corporation by market cap within the Hardware, Equipment & Parts industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ROG Rogers Corporation | 128.70 | 83.55 | -54% | 39Weak | $2.3B |
| BHE Benchmark Electronics, Inc. | 65.26 | 34.97 | -87% | 36Weak | $2.3B |
| BELFA Bel Fuse Inc. | 174.19 | 98.60 | -77% | 20No options | $2.6B |
| BELFB Bel Fuse Inc. | 217.43 | 112.91 | -93% | 37Weak | $2.7B |
| KN Knowles Corporation | 33.70 | 21.28 | -58% | 38Weak | $2.9B |
| DAKT Daktronics, Inc. | 20.32 | 17.43 | -17% | 37Weak | $977M |
| OSIS OSI Systems, Inc. | 202.92 | 278.28 | +27% | 48Weak | $3.2B |
| VSH Vishay Intertechnology, Inc. | 25.84 | 18.80 | -37% | 36Weak | $3.7B |
| OLED Universal Display Corporation | 89.57 | 81.94 | -9% | 37Weak | $4.0B |
| ITRI Itron, Inc. | 101.60 | 172.59 | +41% | 82Good | $4.5B |
| UMAC Unusual Machines, Inc. | 13.03 | 4.15 | -214% | 14Weak | $651M |
| VNT Vontier Corporation | 37.58 | 42.65 | +12% | 47Weak | $5.1B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about CTS
Is CTS undervalued right now?
No: at 61.91 the stock trades 26% above the GLS average fair value of 49.30 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of CTS and what does it mean?
CTS scores 40 out of 100 (Weak) - it fails Wheel Trade Filters 1, 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for CTS?
49.30 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does CTS Corporation report earnings next?
No upcoming earnings date is recorded for CTS in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does CTS have listed options, and how liquid are they?
Yes. The nightly snapshot found 58 listed contracts with 104 open interest across all expiries and implied volatility of 34% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.