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ROG

RogersNYSE:ROG Stock Report

Market Cap

US$3.5b

7D

-0.4%

1Y

93.8%

Updated

23 Sep, 2021

Data

Company Financials +
ROG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ROG Overview

Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide.

Rogers Competitors

TELUS

TSX:T

CA$39.1b

Panasonic

TSE:6752

JP¥3.2t

Nan Ya Plastics

TWSE:1303

NT$705.1b

Kingboard Holdings

SEHK:148

HK$39.5b

Price History & Performance

Summary of all time highs, changes and price drops for Rogers
Historical stock prices
Current Share PriceUS$189.46
52 Week HighUS$95.69
52 Week LowUS$215.02
Beta1.78
1 Month Change-7.99%
3 Month Change-1.60%
1 Year Change93.76%
3 Year Change23.84%
5 Year Change215.82%
Change since IPO3,090.91%

Recent News & Updates

Shareholder Returns

ROGUS ElectronicUS Market
7D-0.4%-2.5%-1.7%
1Y93.8%52.9%36.2%

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.

Price Volatility

Is ROG's price volatile compared to industry and market?
ROG volatility
ROG Beta1.78
Industry Beta1.32
Market Beta1

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

FoundedEmployeesCEOWebsite
18323,350Bruce Hoechnerhttps://www.rogerscorp.com

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

How do Rogers's earnings and revenue compare to its market cap?
ROG fundamental statistics
Market CapUS$3.47b
Earnings (TTM)US$82.08m
Revenue (TTM)US$876.79m

43.2x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROG income statement (TTM)
RevenueUS$876.79m
Cost of RevenueUS$536.33m
Gross ProfitUS$340.45m
ExpensesUS$258.37m
EarningsUS$82.08m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.39
Gross Margin38.83%
Net Profit Margin9.36%
Debt/Equity Ratio0%

How did ROG perform over the long term?

See historical performance and comparison

Valuation

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

43.23x

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).


Future Growth

How is Rogers forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

22.7%

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


Past Performance

How has Rogers performed over the past 5 years?

-2.5%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Bruce Hoechner (61 yo)

9.92yrs

Tenure

US$4,188,162

Compensation

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.


Leadership Team

Experienced Management: ROG's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: ROG's board of directors are considered experienced (5.9 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

Rogers Corporation's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Rogers Corporation
  • 2225 West Chandler Boulevard
  • Chandler
  • Arizona
  • 85224-6155
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:55
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.