CTS Corporation (CTS) vs Kopin Corporation (KOPN)

CTS Corporation and Kopin Corporation are both Electronic Components companies. CTS Corporation is the larger, with a market value of $1.7B against $904.2M — 1.9× the size. CTS Corporation trades at the lower P/E: 24.6× against 112×. CTS Corporation grew revenue faster over the last twelve months: 8.53% against −7.12%. Kopin Corporation has the higher net margin (18.1% vs 12.4%) and the lower return on invested capital (−32.9% vs 11.1%). Across the 20 metrics below, CTS Corporation leads on 14 and Kopin Corporation on 6.

Valuation

Metric CTS KOPN Electronic Components median
P/E 24.63 112.39 39.06
P/S 3.02 21.54 3.22
P/B 2.97 13.57 3.30
Price to free cash flow 18.64 n/m 26.65
EV/EBITDA 12.95 n/m 19.69
EV/Sales 2.93 20.38 3.53
Earnings yield 4.06% 0.89% 1.34%
Free cash flow yield 5.37% (1.96%) 0.40%

Profitability

Metric CTS KOPN Electronic Components median
Gross margin 39.71% 41.93% 33.21%
Operating margin 16.38% (22.87%) 3.53%
Net margin 12.37% 18.05% 2.57%
Free cash flow margin 16.20% (42.24%) 0.20%
Return on equity 12.43% 18.47% 2.60%
Return on assets 8.85% 9.40% 2.50%
Return on invested capital 11.10% (32.93%) 2.28%

Growth

Metric CTS KOPN Electronic Components median
Revenue growth (TTM) 8.53% (7.12%) 12.01%
EPS growth (last fiscal year) 15.87% 104.52% —
Revenue growth, 5-year CAGR 5.00% (0.40%) 7.19%
Net income growth, 5-year CAGR 13.49% 0.00% 0.00%

Health

Metric CTS KOPN Electronic Components median
Debt to equity 0.10 0.00 0.16
Current ratio 2.61 2.18 2.41
Net debt to EBITDA (0.21) 6.83 0.32

Dividend

Metric CTS KOPN Electronic Components median
Dividend yield 0.36% — 1.18%
Payout ratio 0.09 0.00 0.00

Size

Metric CTS KOPN Electronic Components median
Market cap 1.70b 904.23m 780.25m

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