Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$189.46|
|52 Week High||US$95.69|
|52 Week Low||US$215.02|
|1 Month Change||-7.99%|
|3 Month Change||-1.60%|
|1 Year Change||93.76%|
|3 Year Change||23.84%|
|5 Year Change||215.82%|
|Change since IPO||3,090.91%|
Recent News & Updates
|ROG||US Electronic||US Market|
Return vs Industry: ROG exceeded the US Electronic industry which returned 52.9% over the past year.
Return vs Market: ROG exceeded the US Market which returned 36.2% over the past year.
Stable Share Price: ROG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ROG's weekly volatility (4%) has been stable over the past year.
About the Company
Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates in Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other segments. The ACS segment offers circuit materials and solutions for connectivity applications in wireless infrastructure, automotive, aerospace and defense, connected devices, and wired infrastructure under the RO4000, RO3000, RT/duroid, TMM, AD Series, CuClad, Kappa, DiClad, IsoClad, COOLSPAN, MAGTREX, TC Series, IM Series, 92ML, and CLTE Series names.
Rogers Fundamentals Summary
|ROG fundamental statistics|
Is ROG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ROG income statement (TTM)|
|Cost of Revenue||US$536.33m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.39|
|Net Profit Margin||9.36%|
How did ROG perform over the long term?See historical performance and comparison
Is Rogers undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ROG ($189.46) is trading above our estimate of fair value ($168.03)
Significantly Below Fair Value: ROG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ROG is poor value based on its PE Ratio (43.2x) compared to the US Electronic industry average (20.8x).
PE vs Market: ROG is poor value based on its PE Ratio (43.2x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: ROG is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: ROG is overvalued based on its PB Ratio (3.3x) compared to the US Electronic industry average (2.6x).
How is Rogers forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROG's forecast earnings growth (22.7% per year) is above the savings rate (2%).
Earnings vs Market: ROG's earnings (22.7% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ROG's revenue (11.2% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: ROG's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ROG's Return on Equity is forecast to be high in 3 years time
How has Rogers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROG has a large one-off loss of $49.6M impacting its June 30 2021 financial results.
Growing Profit Margin: ROG's current net profit margins (9.4%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: ROG's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: ROG's earnings growth over the past year (266.3%) exceeds its 5-year average (-2.5% per year).
Earnings vs Industry: ROG earnings growth over the past year (266.3%) exceeded the Electronic industry 40.3%.
Return on Equity
High ROE: ROG's Return on Equity (7.6%) is considered low.
How is Rogers's financial position?
Financial Position Analysis
Short Term Liabilities: ROG's short term assets ($525.1M) exceed its short term liabilities ($127.0M).
Long Term Liabilities: ROG's short term assets ($525.1M) exceed its long term liabilities ($109.8M).
Debt to Equity History and Analysis
Debt Level: ROG is debt free.
Reducing Debt: ROG has no debt compared to 5 years ago when its debt to equity ratio was 28.4%.
Debt Coverage: ROG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ROG has no debt, therefore coverage of interest payments is not a concern.
What is Rogers's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ROG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ROG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ROG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ROG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ROG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce Hoechner (61 yo)
Mr. Bruce D. Hoechner has been the Chief Executive Officer and President at Rogers Corporation since October 03, 2011. Mr. Hoechner served as Vice President and General Manager of Paint and Coatings Materi...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD4.19M) is about average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
Experienced Management: ROG's management team is considered experienced (2.7 years average tenure).
Experienced Board: ROG's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rogers Corporation's employee growth, exchange listings and data sources
- Name: Rogers Corporation
- Ticker: ROG
- Exchange: NYSE
- Founded: 1832
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$3.470b
- Shares outstanding: 18.73m
- Website: https://www.rogerscorp.com
Number of Employees
- Rogers Corporation
- 2225 West Chandler Boulevard
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 22:55|
|End of Day Share Price||2021/09/23 00:00|
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.