CTS Global Equity Group Past Earnings Performance
Past criteria checks 2/6
CTS Global Equity Group has been growing earnings at an average annual rate of 20.9%, while the Capital Markets industry saw earnings growing at 20.9% annually. Revenues have been declining at an average rate of 1.2% per year. CTS Global Equity Group's return on equity is 1.1%, and it has net margins of 22.2%.
Key information
20.9%
Earnings growth rate
31.1%
EPS growth rate
| Capital Markets Industry Growth | 21.0% |
| Revenue growth rate | -1.2% |
| Return on equity | 1.1% |
| Net Margin | 22.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How CTS Global Equity Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 104 | 23 | 25 | 0 |
| 30 Sep 23 | 89 | -1 | 24 | 0 |
| 30 Jun 23 | 61 | 3 | 24 | 0 |
| 31 Mar 23 | 70 | 26 | 26 | 0 |
| 31 Dec 22 | 88 | 52 | 25 | 0 |
| 30 Sep 22 | 81 | 64 | 20 | 0 |
| 30 Jun 22 | 87 | 41 | 23 | 0 |
| 31 Mar 22 | 80 | 12 | 21 | 0 |
| 31 Dec 21 | 131 | 20 | 23 | 0 |
| 30 Sep 21 | 199 | 65 | 23 | 0 |
| 31 Dec 20 | 172 | 47 | 20 | 0 |
| 31 Dec 19 | 47 | -32 | 23 | 0 |
| 31 Dec 18 | 67 | -8 | 25 | 0 |
Quality Earnings: CTS has high quality earnings.
Growing Profit Margin: CTS's current net profit margins (22.2%) are lower than last year (59.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CTS has become profitable over the past 5 years, growing earnings by 20.9% per year.
Accelerating Growth: CTS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTS had negative earnings growth (-56%) over the past year, making it difficult to compare to the Capital Markets industry average (29.3%).
Return on Equity
High ROE: CTS's Return on Equity (1.1%) is considered low.