MTS Systems Corporation supplies test systems, motion simulators, and sensors in the Americas, Europe, and Asia.
Average dividend payer with limited growth.
Share Price & News
How has MTS Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTSC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MTSC underperformed the US Electronic industry which returned 7.7% over the past year.
Return vs Market: MTSC underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is MTS Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
17 hours ago | Simply Wall StAre MTS Systems Corporation’s (NASDAQ:MTSC) Returns On Investment Worth Your While?
1 week ago | Simply Wall StInsider Buying: The MTS Systems Corporation (NASDAQ:MTSC) President Just Bought US$91k Worth Of Shares
1 week ago | Simply Wall StEarnings Miss: MTS Systems Corporation Missed EPS By 32% And Analysts Are Revising Their Forecasts
Is MTS Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MTSC ($44.18) is trading above our estimate of fair value ($23.06)
Significantly Below Fair Value: MTSC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MTSC is poor value based on its PE Ratio (22.4x) compared to the Electronic industry average (19.6x).
PE vs Market: MTSC is poor value based on its PE Ratio (22.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: MTSC is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: MTSC is good value based on its PB Ratio (1.7x) compared to the US Electronic industry average (1.9x).
How is MTS Systems forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTSC's forecast earnings growth (17.8% per year) is above the savings rate (1.7%).
Earnings vs Market: MTSC's earnings (17.8% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: MTSC's earnings are forecast to grow, but not significantly.
Revenue vs Market: MTSC's revenue (7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: MTSC's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MTSC's Return on Equity is forecast to be high in 3 years time
How has MTS Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTSC has a large one-off loss of $41.2M impacting its December 28 2019 financial results.
Growing Profit Margin: MTSC's current net profit margins (4.2%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: MTSC's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: MTSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MTSC had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Electronic industry average (14.6%).
Return on Equity
High ROE: MTSC's Return on Equity (7.7%) is considered low.
Return on Assets
Return on Capital Employed
How is MTS Systems's financial position?
Financial Position Analysis
Short Term Liabilities: MTSC's short term assets ($460.8M) exceed its short term liabilities ($270.4M).
Long Term Liabilities: MTSC's short term assets ($460.8M) do not cover its long term liabilities ($570.2M).
Debt to Equity History and Analysis
Debt Level: MTSC's debt to equity ratio (110.6%) is considered high.
Reducing Debt: MTSC's debt to equity ratio has increased from 25.6% to 110.6% over the past 5 years.
Debt Coverage: MTSC's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: MTSC's interest payments on its debt are well covered by EBIT (3.5x coverage).
Inventory Level: MTSC has a high level of physical assets or inventory.
Debt Coverage by Assets: MTSC's debt is not covered by short term assets (assets are 0.9x debt).
What is MTS Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase MTS Systems before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MTSC's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MTSC's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.7%).
Stability and Growth of Payments
Stable Dividend: MTSC's dividends per share have been stable in the past 10 years.
Growing Dividend: MTSC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61%), MTSC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Graves (58yo)
Dr. Jeffrey A. Graves, also known as Jeff, Ph.D., has been the President and Chief Executive Officer of MTS Systems Corporation since May 7, 2012 and a Director since 2012. Dr. Graves served as the Preside ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD3.19M) is about average for companies of similar size in the US market ($USD2.50M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||2.8yrs||US$1.08m||0.021% $174.3k|
|Executive VP & President of Sensors||0.6yrs||US$912.88k||0.20% $1.7m|
|Executive VP and President of Test & Simulation||3yrs||US$1.56m||0.033% $276.7k|
|Senior VP & Chief Information Officer||7.4yrs||no data||no data|
|Director of Investor Relations & Treasurer||0yrs||no data||no data|
|Senior VP and Chief Risk & Compliance Officer||2.9yrs||no data||no data|
|Senior VP||1.6yrs||no data||0.013% $112.1k|
|Senior VP & Chief Human Resources Officer||0yrs||no data||no data|
Experienced Management: MTSC's management team is considered experienced (2.9 years average tenure).
|Independent Director||6.7yrs||US$223.82k||0.044% $376.7k|
|Independent Director||5.9yrs||US$199.49k||0.047% $399.7k|
|Independent Chairman of the Board||8.5yrs||US$288.06k||0.10% $859.9k|
|Independent Director||5.9yrs||US$204.08k||0.099% $842.3k|
|Independent Director||0.8yrs||US$152.76k||no data|
|Independent Director||0.8yrs||US$151.10k||0.023% $194.7k|
|Independent Director||6.7yrs||US$186.99k||0.11% $932.8k|
Experienced Board: MTSC's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTSC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MTS Systems Corporation's company bio, employee growth, exchange listings and data sources
- Name: MTS Systems Corporation
- Ticker: MTSC
- Exchange: NasdaqGS
- Founded: 1966
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$849.151m
- Shares outstanding: 19.19m
- Website: https://www.mts.com
Number of Employees
- MTS Systems Corporation
- 14000 Technology Drive
- Eden Prairie
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTSC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
|MT7||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
MTS Systems Corporation supplies test systems, motion simulators, and sensors in the Americas, Europe, and Asia. The company’s Test & Simulation segment offers road simulators and component test systems, vehicle performance test systems, vehicle dynamics simulators, electrical motors and energy recovery systems, tire performance and rolling resistance measurement systems, and moving ground-plane systems and balances. It also provides systems for the physical characterization of material properties; systems to test durability and performance of implants, prostheses, and other medical and dental materials and devices; products, systems, and software to perform static and fatigue testing of aircraft; products for blades, bearings, and wind turbines; structural engineering systems, such as static and dynamic testing; and seismic simulation tables. In addition, this segment offers installation, product life cycle management, professional training, calibration and metrology, technical consulting, and onsite and factory repair and maintenance services, as well as accessories and spare parts. It serves automobile, truck, motorcycle, motorsports vehicles, construction and agricultural equipment, rail and off-road vehicle manufacturers, and their suppliers, as well as the power generation, aerospace, vehicles, biomedical, structural engineering, oil and gas, wind energy, and other industries. The company’s Sensors segment offers sensors for measurements of vibration, pressure, position, force, and sound; and piezoelectric sensors and components. It serves the automotive, aerospace, industrial, defense, and research and development markets. The company sells its products through direct sales and service organizations, and independent representatives and distributors, as well as through catalogs, Internet, etc. It has a strategic alliance with Auburn University. The company was founded in 1966 and is headquartered in Eden Prairie, Minnesota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 00:45|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.