Discounted Cash Flow

CTS Corp.

CTS · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $396.7m $34.4m $26.7m 8.7% $1.05
2017 $423.0m (6.6%) $14.4m (-58.0%) $40.0m (49.6%) 3.4% (-60.6%) $0.44 (-58.1%)
2018 $470.5m (11.2%) $46.5m (222.1%) $29.7m (-25.8%) 9.9% (189.6%) $1.41 (220.5%)
2019 $469.0m (-0.3%) $36.1m (-22.3%) $42.7m (43.9%) 7.7% (-22.1%) $1.11 (-21.3%)
2020 $424.1m (-9.6%) $34.7m (-4.0%) $61.9m (45.1%) 8.2% (6.1%) $1.07 (-3.6%)
2021 $512.9m (21.0%) $-41.9m (-220.7%) $70.5m (13.8%) -8.2% (-199.8%) $-1.30 (-221.5%)
2022 $586.9m (14.4%) $59.6m (242.3%) $106.9m (51.6%) 10.2% (224.4%) $1.86 (243.1%)
2023 $550.4m (-6.2%) $60.5m (1.6%) $74.1m (-30.7%) 11.0% (8.3%) $1.93 (3.8%)
2024 $515.8m (-6.3%) $58.1m (-4.0%) $80.6m (8.9%) 11.3% (2.5%) $1.91 (-1.0%)
2025 $541.3m (5.0%) $65.3m (12.4%) $86.4m (7.1%) 12.1% (7.1%) $2.21 (15.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model