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. While ROG has a great health rating, its profitability is only average at the moment. ROG has a expensive valuation and it also scores bad on growth.
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.
ROG had positive earnings in each of the past 5 years.
In the past 5 years ROG always reported a positive cash flow from operatings.
1.2 Ratios
ROG has a Return On Assets (1.12%) which is in line with its industry peers.
ROG has a Return On Equity (1.33%) which is in line with its industry peers.
ROG has a Return On Invested Capital (2.33%) which is comparable to the rest of the industry.
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 | 1.12% | ||
| 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 better Profit Margin (2.09%) than 61.60% of its industry peers.
In the last couple of years the Profit Margin of ROG has declined.
ROG has a Operating Margin of 5.31%. This is in the better half of the industry: ROG outperforms 69.60% of its industry peers.
In the last couple of years the Operating Margin of ROG has declined.
ROG has a Gross Margin of 32.94%. This is comparable to the rest of the industry: ROG outperforms 52.80% of its industry peers.
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
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.
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
ROG has an Altman-Z score of 5.42. This indicates that ROG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.42, ROG is in the better half of the industry, outperforming 77.60% of the companies in the same industry.
The Debt to FCF ratio of ROG is 0.17, which is an excellent value as it means it would take ROG, only 0.17 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.17, ROG belongs to the best of the industry, outperforming 85.60% of the companies in the same industry.
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 63.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 5.42 |
ROIC/WACC0.25
WACC9.28%
2.3 Liquidity
A Current Ratio of 3.94 indicates that ROG has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.94, ROG is doing good in the industry, outperforming 75.20% of the companies in the same industry.
ROG has a Quick Ratio of 2.82. This indicates that ROG is financially healthy and has no problem in meeting its short term obligations.
ROG's Quick ratio of 2.82 is fine compared to the rest of the industry. ROG outperforms 72.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.94 | ||
| Quick Ratio | 2.82 |
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%.
ROG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.09% yearly.
ROG shows a decrease in Revenue. In the last year, the revenue decreased by -8.06%.
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)-8.06%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-10.73%
3.2 Future
The Earnings Per Share is expected to grow by 8.69% on average over the next years. This is quite good.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 30.60, ROG can be considered very expensive at the moment.
Based on the Price/Earnings ratio, ROG is valued a bit cheaper than 61.60% of the companies in the same industry.
ROG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
ROG is valuated rather expensively with a Price/Forward Earnings ratio of 22.94.
Based on the Price/Forward Earnings ratio, ROG is valued a bit cheaper than the industry average as 62.40% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, ROG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 22.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ROG is valued a bit cheaper than the industry average as 78.40% of the companies are valued more expensively.
ROG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ROG is cheaper than 71.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25 | ||
| EV/EBITDA | 12.75 |
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
No dividends for ROG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
73.44
+0.09 (+0.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.47%
Inst Owner Change-60.05%
Ins Owners0.93%
Ins Owner Change10.72%
Market Cap1.36B
Analysts80
Price Target84.15 (14.58%)
Short Float %2.12%
Short Ratio1.72
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)-1%
PT rev (3m)-21.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.05%
EPS NY rev (1m)-0.15%
EPS NY rev (3m)-7.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.61%
Revenue NY rev (1m)-0.98%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.6 | ||
| Fwd PE | 22.94 | ||
| P/S | 1.68 | ||
| P/FCF | 25 | ||
| P/OCF | 12.29 | ||
| P/B | 1.07 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 12.75 |
EPS(TTM)2.4
EY3.27%
EPS(NY)3.2
Fwd EY4.36%
FCF(TTM)2.94
FCFY4%
OCF(TTM)5.98
OCFY8.14%
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 | 5.42 |
F-Score4
WACC9.28%
ROIC/WACC0.25
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-18.38%
EPS Next 2Y8.69%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.06%
Revenue growth 3Y-3.82%
Revenue growth 5Y-1.57%
Sales Q2Q%-10.73%
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 Year102.61%
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%