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 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ROG had positive earnings in the past year.
In the past year ROG had a positive cash flow from operations.
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
The Return On Assets of ROG (1.76%) is comparable to the rest of the industry.
ROG has a Return On Equity (2.09%) which is comparable to the rest of the industry.
The Return On Invested Capital of ROG (2.72%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ROG is significantly below the industry average of 9.29%.
| 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
ROG's Profit Margin of 3.14% is fine compared to the rest of the industry. ROG outperforms 64.80% of its industry peers.
ROG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 5.91%, ROG is in the better half of the industry, outperforming 70.40% of the companies in the same industry.
ROG's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 33.38%, ROG is in line with its industry, outperforming 52.80% 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 | 5.91% | ||
| 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.
ROG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ROG has less shares outstanding
ROG has a better debt/assets ratio than last year.
2.2 Solvency
ROG has an Altman-Z score of 4.87. This indicates that ROG is financially healthy and has little risk of bankruptcy at the moment.
ROG has a better Altman-Z score (4.87) than 78.40% of its industry peers.
ROG has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
ROG has a better Debt to FCF ratio (0.01) than 87.20% of its industry peers.
ROG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
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 | 4.87 |
ROIC/WACC0.3
WACC8.92%
2.3 Liquidity
A Current Ratio of 4.00 indicates that ROG has no problem at all paying its short term obligations.
ROG's Current ratio of 4.00 is fine compared to the rest 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
The earnings per share for ROG have decreased strongly by -28.31% 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.
Looking at the last year, ROG shows a decrease in Revenue. The Revenue has decreased by -8.62% in the last year.
ROG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.57% yearly.
EPS 1Y (TTM)-28.31%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-23.33%
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-6.01%
3.2 Future
Based on estimates for the next years, ROG will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.83% on average per year.
ROG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.54% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.18 indicates a rather expensive valuation of ROG.
Based on the Price/Earnings ratio, ROG is valued a bit cheaper than the industry average as 68.80% of the companies are valued more expensively.
ROG is valuated rather cheaply when we compare the Price/Earnings ratio to 28.78, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 24.79, ROG is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as ROG.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, ROG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.18 | ||
| Fwd PE | 24.79 |
4.2 Price Multiples
81.60% 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 cheaply inside the industry as 81.60% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.98 | ||
| EV/EBITDA | 9.18 |
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
ROG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.41
+0.36 (+0.63%)
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-41.58%
Ins Owners0.58%
Ins Owner Change7.67%
Market Cap1.06B
Analysts80
Price Target107.1 (86.55%)
Short Float %2.67%
Short Ratio1.68
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 | 21.18 | ||
| Fwd PE | 24.79 | ||
| P/S | 1.28 | ||
| P/FCF | 14.98 | ||
| P/OCF | 8.37 | ||
| P/B | 0.85 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 9.18 |
EPS(TTM)2.71
EY4.72%
EPS(NY)2.32
Fwd EY4.03%
FCF(TTM)3.83
FCFY6.68%
OCF(TTM)6.86
OCFY11.95%
SpS44.82
BVpS67.58
TBVpS42.32
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 | 4.87 |
F-Score5
WACC8.92%
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)-28.31%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-23.33%
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%-6.01%
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%