ROGERS CORP (ROG) Stock Fundamental Analysis
NYSE:ROG - New York Stock Exchange, Inc. - US7751331015 - Common Stock - Currency: USD
Overall ROG gets a fundamental rating of 5 out of 10. We evaluated ROG against 125 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
In the past year ROG was profitable.
ROG had a positive operating cash flow in the past year.
ROG had positive earnings in each of the past 5 years.
ROG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ROG's Return On Assets of 1.76% is in line compared to the rest of the industry. ROG outperforms 56.80% of its industry peers.
With a Return On Equity value of 2.09%, ROG perfoms like the industry average, outperforming 55.20% of the companies in the same industry.
ROG has a Return On Invested Capital of 2.72%. This is comparable to the rest of the industry: ROG outperforms 57.60% of its industry peers.
ROG had an Average Return On Invested Capital over the past 3 years of 3.84%. This is significantly below the industry average of 9.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 2.09% | ||
| ROIC | 2.72% |
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
With a decent Profit Margin value of 3.14%, ROG is doing good in the industry, outperforming 64.80% of the companies in the same industry.
ROG's Profit Margin has declined in the last couple of years.
ROG has a better Operating Margin (5.91%) than 70.40% of its industry peers.
In the last couple of years the Operating Margin of ROG has declined.
ROG has a Gross Margin (33.38%) which is comparable to the rest of the 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 | 5.91% | ||
| PM (TTM) | 3.14% | ||
| GM | 33.38% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ROG is destroying value.
Compared to 1 year ago, ROG has less shares outstanding
Compared to 5 years ago, ROG has less shares outstanding
Compared to 1 year ago, ROG has an improved debt to assets ratio.
2.2 Solvency
ROG has an Altman-Z score of 5.17. This indicates that ROG is financially healthy and has little risk of bankruptcy at the moment.
ROG has a better Altman-Z score (5.17) than 79.20% of its industry peers.
The Debt to FCF ratio of ROG is 0.01, which is an excellent value as it means it would take ROG, only 0.01 years of fcf income to pay off all of its debts.
ROG's Debt to FCF ratio of 0.01 is amongst the best of the industry. ROG outperforms 87.20% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that ROG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, ROG is in the better half of the industry, outperforming 67.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 5.17 |
ROIC/WACC0.3
WACC8.96%
2.3 Liquidity
ROG has a Current Ratio of 4.00. This indicates that ROG is financially healthy and has no problem in meeting its short term obligations.
ROG has a Current ratio of 4.00. This is in the better half of the industry: ROG outperforms 76.80% of its industry peers.
ROG has a Quick Ratio of 2.85. This indicates that ROG is financially healthy and has no problem in meeting its short term obligations.
ROG has a Quick ratio of 2.85. This is in the better half of the industry: ROG outperforms 72.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4 | ||
| Quick Ratio | 2.85 |
3. Growth
3.1 Past
ROG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.23%.
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.
Looking at the last year, ROG shows a decrease in Revenue. The Revenue has decreased by -8.62% in the last year.
Measured over the past years, ROG shows a decrease in Revenue. The Revenue has been decreasing by -1.57% on average per year.
EPS 1Y (TTM)-31.23%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-53.45%
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-10.73%
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 15.83% yearly.
The Revenue is expected to grow by 3.54% on average over the next years.
EPS Next Y-14.53%
EPS Next 2Y15.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.77%
Revenue Next 2Y3.54%
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
A Price/Earnings ratio of 26.66 indicates a quite expensive valuation of ROG.
ROG's Price/Earnings is on the same level as the industry average.
ROG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.22.
With a Price/Forward Earnings ratio of 17.60, ROG is valued on the expensive side.
68.80% of the companies in the same industry are more expensive than ROG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ROG to the average of the S&P500 Index (20.86), we can say ROG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 17.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ROG is valued a bit cheaper than 78.40% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ROG is valued a bit cheaper than the industry average as 78.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.67 | ||
| EV/EBITDA | 10.35 |
4.3 Compensation for Growth
ROG's earnings are expected to grow with 15.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ROG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
63.98
+0.28 (+0.44%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.24%
Inst Owner Change-0.02%
Ins Owners0.58%
Ins Owner Change7.67%
Market Cap1.18B
Analysts80
Price Target107.1 (67.4%)
Short Float %2.52%
Short Ratio1.57
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)9.43%
Min EPS beat(2)4.7%
Max EPS beat(2)14.15%
EPS beat(4)4
Avg EPS beat(4)9.28%
Min EPS beat(4)4.41%
Max EPS beat(4)14.15%
EPS beat(8)7
Avg EPS beat(8)3.36%
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)0
Avg Revenue beat(2)-3.05%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)-0.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.84%
Min Revenue beat(4)-5.4%
Max Revenue beat(4)0.61%
Revenue beat(8)2
Avg Revenue beat(8)-2.65%
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)-8.7%
PT rev (3m)-16%
EPS NQ rev (1m)-4.4%
EPS NQ rev (3m)-64.82%
EPS NY rev (1m)-3.03%
EPS NY rev (3m)-35.12%
Revenue NQ rev (1m)-0.62%
Revenue NQ rev (3m)-6.92%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)-6.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 17.6 | ||
| P/S | 1.43 | ||
| P/FCF | 16.67 | ||
| P/OCF | 9.31 | ||
| P/B | 0.95 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 10.35 |
EPS(TTM)2.4
EY3.75%
EPS(NY)3.64
Fwd EY5.68%
FCF(TTM)3.84
FCFY6%
OCF(TTM)6.87
OCFY10.74%
SpS44.87
BVpS67.65
TBVpS42.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 2.09% | ||
| ROCE | 3.62% | ||
| ROIC | 2.72% | ||
| ROICexc | 3.08% | ||
| ROICexgc | 5.05% | ||
| OM | 5.91% | ||
| PM (TTM) | 3.14% | ||
| GM | 33.38% | ||
| FCFM | 8.55% |
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-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 113.56% | ||
| Cap/Sales | 6.76% | ||
| Interest Coverage | 28.88 | ||
| Cash Conversion | 129.04% | ||
| Profit Quality | 272.03% | ||
| Current Ratio | 4 | ||
| Quick Ratio | 2.85 | ||
| Altman-Z | 5.17 |
F-Score5
WACC8.96%
ROIC/WACC0.3
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)-31.23%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-53.45%
EPS Next Y-14.53%
EPS Next 2Y15.83%
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%-10.73%
Revenue Next Year-2.77%
Revenue Next 2Y3.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-50.7%
EBIT growth 3Y-25.73%
EBIT growth 5Y-15.36%
EBIT Next Year90.59%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-4.57%
FCF growth 3Y10.07%
FCF growth 5Y-8.33%
OCF growth 1Y-3.27%
OCF growth 3Y0.73%
OCF growth 5Y-4.65%