ROGERS CORP (ROG) Stock Fundamental Analysis
NYSE:ROG - New York Stock Exchange, Inc. - US7751331015 - Common Stock - Currency: USD
Taking everything into account, ROG scores 5 out of 10 in our fundamental rating. ROG was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. ROG has an excellent financial health rating, but there are some minor concerns on its profitability. ROG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ROG had positive earnings in the past year.
ROG had a positive operating cash flow in the past year.
In the past 5 years ROG has always been profitable.
ROG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.12%, ROG perfoms like the industry average, outperforming 53.23% of the companies in the same industry.
ROG has a Return On Equity (1.33%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 2.33%, ROG is in line with its industry, outperforming 54.84% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ROG is significantly below the industry average of 9.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.33% | ||
| ROIC | 2.33% |
ROA(3y)4.19%
ROA(5y)4.66%
ROE(3y)5.51%
ROE(5y)6.22%
ROIC(3y)3.84%
ROIC(5y)4.61%
1.3 Margins
ROG has a Profit Margin (2.09%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ROG has declined.
Looking at the Operating Margin, with a value of 5.31%, ROG is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
In the last couple of years the Operating Margin of ROG has declined.
With a Gross Margin value of 32.94%, ROG perfoms like the industry average, outperforming 52.42% of the companies in the same industry.
In the last couple of years the Gross Margin of ROG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.31% | ||
| PM (TTM) | 2.09% | ||
| GM | 32.94% |
OM growth 3Y-22.79%
OM growth 5Y-14.01%
PM growth 3Y-35.27%
PM growth 5Y-9.8%
GM growth 3Y-3.74%
GM growth 5Y-0.94%
2. Health
2.1 Basic Checks
ROG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ROG has less shares outstanding
The number of shares outstanding for ROG has been reduced compared to 5 years ago.
Compared to 1 year ago, ROG has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.36 indicates that ROG is not in any danger for bankruptcy at the moment.
ROG's Altman-Z score of 5.36 is fine compared to the rest of the industry. ROG outperforms 77.42% of its industry peers.
ROG has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
ROG has a better Debt to FCF ratio (0.17) than 85.48% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that ROG is not too dependend on debt financing.
ROG has a better Debt to Equity ratio (0.01) than 62.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 5.36 |
ROIC/WACC0.24
WACC9.66%
2.3 Liquidity
ROG has a Current Ratio of 3.94. This indicates that ROG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ROG (3.94) is better than 74.19% of its industry peers.
A Quick Ratio of 2.82 indicates that ROG has no problem at all paying its short term obligations.
ROG has a Quick ratio of 2.82. This is in the better half of the industry: ROG outperforms 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.94 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The earnings per share for ROG have decreased strongly by -34.08% in the last year.
Measured over the past years, ROG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.09% on average per year.
ROG shows a decrease in Revenue. In the last year, the revenue decreased by -8.62%.
The Revenue has been decreasing by -1.57% on average over the past years.
EPS 1Y (TTM)-34.08%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-50.72%
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-5.32%
3.2 Future
ROG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.69% yearly.
Based on estimates for the next years, ROG will show a small growth in Revenue. The Revenue will grow by 1.56% on average per year.
EPS Next Y-18.38%
EPS Next 2Y8.69%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.82%
Revenue Next 2Y1.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 34.25, which means the current valuation is very expensive for ROG.
60.48% of the companies in the same industry are more expensive than ROG, based on the Price/Earnings ratio.
ROG's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.48.
The Price/Forward Earnings ratio is 21.93, which indicates a rather expensive current valuation of ROG.
Based on the Price/Forward Earnings ratio, ROG is valued a bit cheaper than 63.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, ROG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.25 | ||
| Fwd PE | 21.93 |
4.2 Price Multiples
75.81% of the companies in the same industry are more expensive than ROG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ROG is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.9 | ||
| EV/EBITDA | 12.5 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.69%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ROG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
70.21
-1.98 (-2.74%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners98.88%
Inst Owner Change0%
Ins Owners0.99%
Ins Owner Change14.9%
Market Cap1.30B
Analysts80
Price Target81.6 (16.22%)
Short Float %2.16%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.11%
Min EPS beat(2)4.7%
Max EPS beat(2)5.53%
EPS beat(4)4
Avg EPS beat(4)9.56%
Min EPS beat(4)4.7%
Max EPS beat(4)14.15%
EPS beat(8)7
Avg EPS beat(8)1.7%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-5.4%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-2.84%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-21.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.28%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.25 | ||
| Fwd PE | 21.93 | ||
| P/S | 1.61 | ||
| P/FCF | 23.9 | ||
| P/OCF | 11.75 | ||
| P/B | 1.02 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 12.5 |
EPS(TTM)2.05
EY2.92%
EPS(NY)3.2
Fwd EY4.56%
FCF(TTM)2.94
FCFY4.18%
OCF(TTM)5.98
OCFY8.51%
SpS43.59
BVpS68.59
TBVpS43.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.33% | ||
| ROCE | 3.1% | ||
| ROIC | 2.33% | ||
| ROICexc | 2.67% | ||
| ROICexgc | 4.39% | ||
| OM | 5.31% | ||
| PM (TTM) | 2.09% | ||
| GM | 32.94% | ||
| FCFM | 6.74% |
ROA(3y)4.19%
ROA(5y)4.66%
ROE(3y)5.51%
ROE(5y)6.22%
ROIC(3y)3.84%
ROIC(5y)4.61%
ROICexc(3y)4.36%
ROICexc(5y)5.37%
ROICexgc(3y)7.08%
ROICexgc(5y)9.1%
ROCE(3y)5.11%
ROCE(5y)6.13%
ROICexcg growth 3Y-28.34%
ROICexcg growth 5Y-19.04%
ROICexc growth 3Y-25.64%
ROICexc growth 5Y-18.26%
OM growth 3Y-22.79%
OM growth 5Y-14.01%
PM growth 3Y-35.27%
PM growth 5Y-9.8%
GM growth 3Y-3.74%
GM growth 5Y-0.94%
F-Score4
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.17 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 111.05% | ||
| Cap/Sales | 6.97% | ||
| Interest Coverage | 28.6 | ||
| Cash Conversion | 118.27% | ||
| Profit Quality | 321.89% | ||
| Current Ratio | 3.94 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 5.36 |
F-Score4
WACC9.66%
ROIC/WACC0.24
Cap/Depr(3y)159.89%
Cap/Depr(5y)140.11%
Cap/Sales(3y)8.35%
Cap/Sales(5y)7.54%
Profit Quality(3y)138.12%
Profit Quality(5y)142.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-34.08%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-50.72%
EPS Next Y-18.38%
EPS Next 2Y8.69%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-5.32%
Revenue Next Year-4.82%
Revenue Next 2Y1.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-57.58%
EBIT growth 3Y-25.73%
EBIT growth 5Y-15.36%
EBIT Next Year90.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y35.76%
FCF growth 3Y10.07%
FCF growth 5Y-8.33%
OCF growth 1Y-23.67%
OCF growth 3Y0.73%
OCF growth 5Y-4.65%