What CTS Does & How It Makes Money (CTS)
Updated October 2026 · reflects CTS's latest reported financials
Maker of sensors, actuators, and electronic components for industry. CTS earns revenue by manufacturing and selling sensors, connectivity components, and actuators to manufacturers in the transportation, industrial, medical, aerospace, and defense markets.
How CTS makes money
CTS earns revenue by manufacturing and selling sensors, connectivity components, and actuators to manufacturers in the transportation, industrial, medical, aerospace, and defense markets. It sells through its own sales engineers, independent manufacturer representatives, and distributors.
What CTS does
CTS Corporation, founded in 1896 and headquartered in Lisle, Illinois, is a long-established maker of electronic parts that let equipment sense its surroundings, connect signals, and create precise movement. Its lineup has three main groups: sensing products such as controls, pedals, sensors, switches, transducers, and piezo sensing devices; connectivity components such as EMI/RFI filters, capacitors, resistors, RF filters, and frequency control products; and actuators, including piezo microactuators and rotary actuators. The company serves transportation, industrial, medical, aerospace, and defense customers in North America, Europe, and Asia. It reaches them through its own sales engineers, independent manufacturer representatives, and distributors. As a result, its business depends on demand from the equipment makers who build its components into their products.
Products & services
- Sensors and transducers
- Pedals and controls
- Piezo sensing products
- EMI/RFI and RF filters
- Capacitors, resistors, and frequency control products
- Piezo microactuators and rotary actuators
What is CTS worth?
On an owner-earnings DCF, CTS's most-likely value is about $67 versus a recent price near $57 (17% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$35) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
TE Connectivity (TEL) · Sensata Technologies Holding (ST) · CETC Digital Technology (600850.SS) · TTM Technologies (TTMI) · CETC Chips Technology (600877.SS)
TacticScale