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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ROG was profitable.
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
With a Return On Assets value of 1.12%, ROG perfoms like the industry average, outperforming 55.20% of the companies in the same industry.
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 in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for ROG 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
ROG's Profit Margin of 2.09% is fine compared to the rest of the industry. ROG outperforms 61.60% of its industry peers.
ROG's Profit Margin has declined in the last couple of years.
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.
ROG's Operating Margin has declined in the last couple of years.
ROG has a Gross Margin (32.94%) which is in line with 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
ROG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ROG has less shares outstanding than it did 1 year ago.
ROG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ROG has been reduced compared to a year ago.
2.2 Solvency
ROG has an Altman-Z score of 5.10. This indicates that ROG is financially healthy and has little risk of bankruptcy at the moment.
ROG's Altman-Z score of 5.10 is fine compared to the rest of the industry. ROG outperforms 76.80% of its industry peers.
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.
ROG has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ROG (0.01) is better than 63.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 5.1 |
ROIC/WACC0.24
WACC9.6%
2.3 Liquidity
A Current Ratio of 3.94 indicates that ROG has no problem at all paying its short term obligations.
ROG has a better Current ratio (3.94) 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.
ROG has a Quick ratio of 2.82. This is in the better half 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
The earnings per share for ROG have decreased strongly by -31.23% 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 -8.06%.
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 27.29, which means the current valuation is very expensive for ROG.
65.60% of the companies in the same industry are more expensive than ROG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.50. ROG is around the same levels.
With a Price/Forward Earnings ratio of 20.46, ROG is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ROG indicates a somewhat cheap valuation: ROG is cheaper than 67.20% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ROG to the average of the S&P500 Index (36.44), we can say ROG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.29 | ||
| Fwd PE | 20.46 |
4.2 Price Multiples
82.40% of the companies in the same industry are more expensive than ROG, based on the Enterprise Value to EBITDA ratio.
ROG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ROG is cheaper than 74.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.3 | ||
| EV/EBITDA | 11.38 |
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 |
65.5
-1 (-1.5%)
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 Cap1.21B
Analysts80
Price Target84.15 (28.47%)
Short Float %2.09%
Short Ratio2.13
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)23.97%
EPS NY rev (1m)-0.15%
EPS NY rev (3m)-7.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)-0.98%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.29 | ||
| Fwd PE | 20.46 | ||
| P/S | 1.5 | ||
| P/FCF | 22.3 | ||
| P/OCF | 10.96 | ||
| P/B | 0.95 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | 11.38 |
EPS(TTM)2.4
EY3.66%
EPS(NY)3.2
Fwd EY4.89%
FCF(TTM)2.94
FCFY4.48%
OCF(TTM)5.98
OCFY9.13%
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 | 5.1 |
F-Score4
WACC9.6%
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)-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%