Cts Corporation · NYSE:CTS
Cts — Investor Presentation (September 2006)
6 slides from Cts's investor presentation, Sep 28, 2006
Slide 1: Segment Markets Based on Last Four Quarters Through June 2006
Segment Markets Based on Last Four Quarters Through June 2006 Segment Segments and Markets Automotive 25% Communications 22% Other 9% Computer 29% Electronic Components and Sensors Electronics Manufacturing Services Industrial & Medical 15% 42% 58% 25% 7% 2% 7% 27% 2% 15% 1% 14% Defense & Aerospace
Slide 2: Target Adjusted Return on Invested Capital (ROIC)
Target Adjusted Return on Invested Capital (ROIC) OPERATING MARGIN AFTER-TAX (NOPAT Margin) INVESTED CAPITAL TURNOVER 2003 2004 2005 4% 2% 6% 8% 0.5 1.0 1.5 2.0 2.5 3.0 3.5 ROIC 10% 12% 4.0 Both Segments Have Comparable ROIC Targets 4.0% 6.3% 7.9% EMS Components & Sensors
Slide 3: Customers
Customers ® ® Automotive EC EMS
Slide 4: WiMax Equipment: Industry Capital Spend Estimates
WiMax Equipment: Industry Capital Spend Estimates per Transmedia – based on provider spending plans • CTS Electronic Components awarded design wins with three different OEMs serving several providers. Content: Frequency and Timing Modules, Crystal Oscillators, Filters • CTS EMS provides high level a
Slide 5: Electronic Components – Piezo Electronic Elements
Sales $ in Millions Medical Ultrasound Wide Format Inkjet Printer Head Undersea Energy Exploration Technology : - Superior piezo ceramic material - Photolithographic capabilities - Ultra-Thin - High dielectric Electronic Components – Piezo Electronic Elements
Slide 6: Segment Performance and Definition of Adjusted ROIC
Components & Sensors EMS SALES $ in Millions ADJUSTED SEGMENT OPERATING EARNINGS % OF SALES Segment Performance CTS Corporation Appendix CTS Corporation Definition of Financial Term - Adjusted Return on Invested Capital Full Year 2005 2004 2003 Operating earnings $ 40.3 $ 31.1 $ 13.8 Charges (credit