NYSE:ROP

Stock Analysis Report

Executive Summary

Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide.


Snowflake Analysis

Proven track record and fair value.


Similar Companies

Share Price & News

How has Roper Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ROP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.9%

ROP

1.4%

US Industrials

2.4%

US Market


1 Year Return

-10.2%

ROP

-21.6%

US Industrials

-10.0%

US Market

Return vs Industry: ROP exceeded the US Industrials industry which returned -21.6% over the past year.

Return vs Market: ROP matched the US Market which returned -10% over the past year.


Shareholder returns

ROPIndustryMarket
7 Day4.9%1.4%2.4%
30 Day-2.3%-11.5%-11.0%
90 Day-16.8%-26.4%-19.4%
1 Year-9.6%-10.2%-20.0%-21.6%-8.1%-10.0%
3 Year52.6%50.0%-36.5%-42.1%17.3%9.6%
5 Year85.6%80.0%-24.8%-35.1%36.1%21.1%

Price Volatility Vs. Market

How volatile is Roper Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Roper Technologies undervalued compared to its fair value and its price relative to the market?

26.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ROP ($308.11) is trading below our estimate of fair value ($419.27)

Significantly Below Fair Value: ROP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ROP is good value based on its PE Ratio (18.1x) compared to the Industrials industry average (18.3x).

PE vs Market: ROP is poor value based on its PE Ratio (18.1x) compared to the US market (13x).


Price to Earnings Growth Ratio

PEG Ratio: ROP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ROP is overvalued based on its PB Ratio (3.4x) compared to the US Industrials industry average (3x).


Next Steps

Future Growth

How is Roper Technologies forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROP's earnings are forecast to decline over the next 3 years (-4.7% per year).

Earnings vs Market: ROP's earnings are forecast to decline over the next 3 years (-4.7% per year).

High Growth Earnings: ROP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ROP's revenue (5.6% per year) is forecast to grow slower than the US market (7% per year).

High Growth Revenue: ROP's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROP's Return on Equity is forecast to be low in 3 years time (10.5%).


Next Steps

Past Performance

How has Roper Technologies performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROP has a large one-off gain of $920.7M impacting its December 31 2019 financial results.

Growing Profit Margin: ROP's current net profit margins (32.9%) are higher than last year (18.2%).


Past Earnings Growth Analysis

Earnings Trend: ROP's earnings have grown by 17.4% per year over the past 5 years.

Accelerating Growth: ROP's earnings growth over the past year (87.2%) exceeds its 5-year average (17.4% per year).

Earnings vs Industry: ROP earnings growth over the past year (87.2%) exceeded the Industrials industry -9.2%.


Return on Equity

High ROE: ROP's Return on Equity (18.6%) is considered low.


Next Steps

Financial Health

How is Roper Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: ROP's short term assets ($2.0B) do not cover its short term liabilities ($2.4B).

Long Term Liabilities: ROP's short term assets ($2.0B) do not cover its long term liabilities ($6.2B).


Debt to Equity History and Analysis

Debt Level: ROP's debt to equity ratio (55.6%) is considered high.

Reducing Debt: ROP's debt to equity ratio has increased from 46.4% to 55.6% over the past 5 years.

Debt Coverage: ROP's debt is well covered by operating cash flow (27.7%).

Interest Coverage: ROP's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Next Steps

Dividend

What is Roper Technologies's current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ROP's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.93%).

High Dividend: ROP's dividend (0.67%) is low compared to the top 25% of dividend payers in the US market (5.46%).


Stability and Growth of Payments

Stable Dividend: ROP is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: ROP is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ROP is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ROP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Laurence Hunn (47yo)

1.58s

Tenure

US$18,538,367

Compensation

Mr. Laurence Neil Hunn has been President and Chief Executive Officer at Roper Technologies Inc. since September 01, 2018. He has been a Director at Roper Technologies Inc. since September 2018. He was Chi ...


CEO Compensation Analysis

Compensation vs Market: Laurence's total compensation ($USD18.54M) is above average for companies of similar size in the US market ($USD11.79M).

Compensation vs Earnings: Laurence's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Laurence Hunn
President1.58yrsUS$18.54m0.21% $68.5m
Robert Crisci
Executive VP & CFO2.92yrsUS$6.13m0.038% $12.4m
John Stipancich
Executive VP3.83yrsUS$4.36m0.032% $10.5m
Zack Moxcey
Vice President of Investor Relations2.83yrsno datano data
Greg Anderson
Vice President of Human Resources9.5yrsno datano data
Jason Conley
VP & Controller2.92yrsno data0.025% $8.0m
Shannon O'Callaghan
Vice President of Finance2.83yrsno datano data

2.9yrs

Average Tenure

47yo

Average Age

Experienced Management: ROP's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Laurence Hunn
President1.58yrsUS$18.54m0.21% $68.5m
Christopher Wright
Independent Director28.33yrsUS$908.30k0.050% $16.2m
Robert Knowling
Independent Director11.67yrsUS$905.80k0.010% $3.4m
Richard Wallman
Independent Director13.25yrsUS$905.80k0.051% $16.6m
John Fort
Independent Director24.33yrsUS$903.30k0.017% $5.4m
Shellye Archambeau
Independent Director2yrsUS$955.07k0.0031% $1.0m
Amy Brinkley
Independent Director4.92yrsUS$903.30k0.013% $4.2m
Wilbur Prezzano
Chairman & Lead Independent Director1.42yrsUS$929.33k0.017% $5.7m
Laura Thatcher
Independent Director4.92yrsUS$903.30k0.013% $4.3m
Robert Johnson
Independent Director14.92yrsUS$900.80k0.0067% $2.2m

8.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: ROP's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ROP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Roper Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Roper Technologies, Inc.
  • Ticker: ROP
  • Exchange: NYSE
  • Founded: 1981
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: US$32.693b
  • Shares outstanding: 106.11m
  • Website: https://www.ropertech.com

Number of Employees


Location

  • Roper Technologies, Inc.
  • 6901 Professional Parkway East
  • Suite 200
  • Sarasota
  • Florida
  • 34240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROPNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 1992
ROPDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 1992
ROP *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNFeb 1992
0KXMLSE (London Stock Exchange)YesCommon StockGBUSDFeb 1992
ROPBRSE (Berne Stock Exchange)YesCommon StockCHCHFFeb 1992
ROPETLX (Eurotlx)YesCommon StockITEURFeb 1992
R1OP34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 10 REPR 1 COMBRBRLJan 2020

Biography

Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide. It offers management, campus solutions, laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, cloud-based financial analytics and performance management, and diagnostic and laboratory information system software; and software, services, and technologies for foodservice operations. The company also provides cloud-based data, collaboration, and estimating automation software; visual effects and 3D content software; electronic marketplace; wireless sensor network and solutions; cloud-based software solutions; supply chain software; health care service and software; RFID card readers; data analytics and information; pharmacies software solutions; and toll system and products, transaction and violation processing services, and intelligent traffic systems. In addition, it offers precision rubber and polymer testing instruments, and data analysis software; ultrasound accessories; radiotherapy solutions; testing and analyzing plastics solutions; dispensers and metering pumps; control valves; precision weighing equipment; automated surgical scrub and linen dispensing equipment; water meters; automated leak detection equipment; medical devices; products and services for water and gas utilities; and equipment and consumables. The company also provides temperature control and emergency shutoff valves; turbomachinery control hardware, software, and services; specialized pumps; low meter calibrators, and controllers; vibration monitoring systems and controls; analytical instrument; drilling power section; pressure and level sensors; and non-destructive testing equipment and solutions. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. Roper Technologies, Inc. was incorporated in 1981 and is based in Sarasota, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/08 03:25
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.