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 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.
ROG had a positive operating cash flow in each of the past 5 years.
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 of 1.33%. This is comparable to the rest of the industry: ROG outperforms 55.20% of 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 9.16%.
| 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
The Profit Margin of ROG (2.09%) is better than 61.60% of its industry peers.
In the last couple of years the Profit Margin of ROG has declined.
With a decent Operating Margin value of 5.31%, ROG is doing good in the industry, outperforming 69.60% 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 52.80% 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 | 5.31% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ROG is destroying value.
The number of shares outstanding for ROG has been reduced compared to 1 year ago.
The number of shares outstanding for ROG has been reduced compared to 5 years ago.
The debt/assets ratio for ROG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.31 indicates that ROG is not in any danger for bankruptcy at the moment.
The Altman-Z score of ROG (5.31) is better than 77.60% 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.
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.
Looking at the Debt to Equity ratio, with a value of 0.01, ROG is in the better half of the industry, outperforming 63.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 5.31 |
ROIC/WACC0.25
WACC9.4%
2.3 Liquidity
A Current Ratio of 3.94 indicates that ROG has no problem at all paying its short term obligations.
The Current ratio of ROG (3.94) is better than 75.20% of its industry peers.
A Quick Ratio of 2.82 indicates that ROG has no problem at all paying its short term obligations.
The Quick ratio of ROG (2.82) is better than 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%.
The earnings per share for ROG have been decreasing by -15.09% on average. This is quite bad
Looking at the last year, ROG shows a decrease in Revenue. The Revenue has decreased by -8.06% 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)-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
The Price/Earnings ratio is 29.58, which means the current valuation is very expensive for ROG.
Compared to the rest of the industry, the Price/Earnings ratio of ROG indicates a somewhat cheap valuation: ROG is cheaper than 61.60% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.29. ROG is around the same levels.
ROG is valuated rather expensively with a Price/Forward Earnings ratio of 22.18.
Based on the Price/Forward Earnings ratio, ROG is valued a bit cheaper than the industry average as 63.20% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ROG to the average of the S&P500 Index (21.74), we can say ROG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.58 | ||
| Fwd PE | 22.18 |
4.2 Price Multiples
78.40% 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 71.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.17 | ||
| EV/EBITDA | 12.27 |
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 |
71
-2.44 (-3.32%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.47%
Inst Owner Change0%
Ins Owners0.93%
Ins Owner Change10.72%
Market Cap1.31B
Analysts80
Price Target84.15 (18.52%)
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 | 29.58 | ||
| Fwd PE | 22.18 | ||
| P/S | 1.63 | ||
| P/FCF | 24.17 | ||
| P/OCF | 11.88 | ||
| P/B | 1.04 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 12.27 |
EPS(TTM)2.4
EY3.38%
EPS(NY)3.2
Fwd EY4.51%
FCF(TTM)2.94
FCFY4.14%
OCF(TTM)5.98
OCFY8.42%
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 | 5.31 |
F-Score4
WACC9.4%
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%