ROGERS CORP (ROG) Stock Fundamental Analysis
NYSE:ROG - New York Stock Exchange, Inc. - US7751331015 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to ROG. ROG was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. ROG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ROG is valued correctly, but it does not seem to be growing.
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.
ROG had positive earnings in 4 of the past 5 years.
Of the past 5 years ROG 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ROG (3.23%) is better than 64.17% of its industry peers.
With a Return On Equity value of 3.83%, ROG perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.14%, ROG is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ROG is below the industry average of 8.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 3.83% | ||
| ROIC | 4.14% |
ROA(3y)5.86%
ROA(5y)5.05%
ROE(3y)8.04%
ROE(5y)6.81%
ROIC(3y)5.26%
ROIC(5y)5.77%
1.3 Margins
Looking at the Profit Margin, with a value of 5.91%, ROG is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
ROG's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 8.85%, ROG is doing good in the industry, outperforming 78.33% 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 33.57%, ROG is in line with its industry, outperforming 54.17% 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 | 8.85% | ||
| PM (TTM) | 5.91% | ||
| GM | 33.57% |
OM growth 3Y3.14%
OM growth 5Y-3.75%
PM growth 3Y0.01%
PM growth 5Y-8.98%
GM growth 3Y-2.39%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ROG is destroying value.
ROG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
ROG has an Altman-Z score of 6.28. This indicates that ROG is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ROG (6.28) is better than 81.67% of its industry peers.
There is no outstanding debt for ROG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.28 |
ROIC/WACC0.47
WACC8.89%
2.3 Liquidity
A Current Ratio of 4.25 indicates that ROG has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.25, ROG is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
ROG has a Quick Ratio of 2.99. This indicates that ROG is financially healthy and has no problem in meeting its short term obligations.
ROG has a Quick ratio of 2.99. This is in the better half of the industry: ROG outperforms 75.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.25 | ||
| Quick Ratio | 2.99 |
3. Growth
3.1 Past
ROG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.31%.
The earnings per share for ROG have been decreasing by -15.09% on average. This is quite bad
EPS 1Y (TTM)-28.31%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-23.33%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.06%
3.2 Future
The Earnings Per Share is expected to grow by 35.07% on average over the next years. This is a very strong growth
ROG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.95% yearly.
EPS Next Y31.75%
EPS Next 2Y35.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.6%
Revenue Next 2Y6.95%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.69, which means the current valuation is very expensive for ROG.
Compared to the rest of the industry, the Price/Earnings ratio of ROG is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 29.63, ROG is valued at the same level.
Based on the Price/Forward Earnings ratio of 24.05, the valuation of ROG can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ROG indicates a somewhat cheap valuation: ROG is cheaper than 62.50% of the companies listed in the same industry.
ROG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.69 | ||
| Fwd PE | 24.05 |
4.2 Price Multiples
75.83% of the companies in the same industry are more expensive than ROG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ROG indicates a rather cheap valuation: ROG is cheaper than 81.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.69 | ||
| EV/EBITDA | 12.49 |
4.3 Compensation for Growth
ROG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ROG's earnings are expected to grow with 35.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)N/A
EPS Next 2Y35.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ROG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
85.87
-3.72 (-4.15%)
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-0.31%
Ins Owners0.58%
Ins Owner Change8.05%
Market Cap1.60B
Analysts80
Price Target127.5 (48.48%)
Short Float %2.61%
Short Ratio3.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
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)14.01%
Min EPS beat(2)13.86%
Max EPS beat(2)14.15%
EPS beat(4)3
Avg EPS beat(4)-2.04%
Min EPS beat(4)-40.59%
Max EPS beat(4)14.15%
EPS beat(8)7
Avg EPS beat(8)5.24%
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)-3.64%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)-1.88%
Revenue beat(4)1
Avg Revenue beat(4)-3.65%
Min Revenue beat(4)-7.92%
Max Revenue beat(4)0.61%
Revenue beat(8)2
Avg Revenue beat(8)-3.3%
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)0%
PT rev (3m)-14.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.69 | ||
| Fwd PE | 24.05 | ||
| P/S | 1.9 | ||
| P/FCF | 15.69 | ||
| P/OCF | 9.69 | ||
| P/B | 1.23 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 12.49 |
EPS(TTM)2.71
EY3.16%
EPS(NY)3.57
Fwd EY4.16%
FCF(TTM)5.47
FCFY6.37%
OCF(TTM)8.86
OCFY10.31%
SpS45.15
BVpS69.71
TBVpS43.8
PEG (NY)1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 3.83% | ||
| ROCE | 5.26% | ||
| ROIC | 4.14% | ||
| ROICexc | 4.61% | ||
| ROICexgc | 7.44% | ||
| OM | 8.85% | ||
| PM (TTM) | 5.91% | ||
| GM | 33.57% | ||
| FCFM | 12.12% |
ROA(3y)5.86%
ROA(5y)5.05%
ROE(3y)8.04%
ROE(5y)6.81%
ROIC(3y)5.26%
ROIC(5y)5.77%
ROICexc(3y)6.1%
ROICexc(5y)6.74%
ROICexgc(3y)10.44%
ROICexgc(5y)11.51%
ROCE(3y)6.69%
ROCE(5y)7.33%
ROICexcg growth 3Y-3.26%
ROICexcg growth 5Y-9.38%
ROICexc growth 3Y-2.04%
ROICexc growth 5Y-7.55%
OM growth 3Y3.14%
OM growth 5Y-3.75%
PM growth 3Y0.01%
PM growth 5Y-8.98%
GM growth 3Y-2.39%
GM growth 5Y-0.89%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 132.76% | ||
| Cap/Sales | 7.5% | ||
| Interest Coverage | 25.28 | ||
| Cash Conversion | 135.33% | ||
| Profit Quality | 205.03% | ||
| Current Ratio | 4.25 | ||
| Quick Ratio | 2.99 | ||
| Altman-Z | 6.28 |
F-Score6
WACC8.89%
ROIC/WACC0.47
Cap/Depr(3y)176.81%
Cap/Depr(5y)138.38%
Cap/Sales(3y)8.64%
Cap/Sales(5y)7.34%
Profit Quality(3y)63.85%
Profit Quality(5y)134.57%
High Growth Momentum
Growth
EPS 1Y (TTM)-28.31%
EPS 3Y-27.8%
EPS 5Y-15.09%
EPS Q2Q%-23.33%
EPS Next Y31.75%
EPS Next 2Y35.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.06%
Revenue Next Year3.6%
Revenue Next 2Y6.95%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-3.13%
EBIT growth 3Y7.49%
EBIT growth 5Y-3.12%
EBIT Next Year0.42%
EBIT Next 3Y10.21%
EBIT Next 5YN/A
FCF growth 1Y207.91%
FCF growth 3Y-15.81%
FCF growth 5YN/A
OCF growth 1Y723.02%
OCF growth 3Y-7.33%
OCF growth 5Y14.49%