Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide.
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Rogers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ROG underperformed the US Electronic industry which returned -4.4% over the past year.
Return vs Market: ROG underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Rogers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Now The Time To Put Rogers (NYSE:ROG) On Your Watchlist?
3 weeks ago | Simply Wall StDid Rogers's (NYSE:ROG) Share Price Deserve to Gain 51%?
1 month ago | Simply Wall StDespite Its High P/E Ratio, Is Rogers Corporation (NYSE:ROG) Still Undervalued?
Is Rogers undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROG ($114.65) is trading below our estimate of fair value ($144.06)
Significantly Below Fair Value: ROG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ROG is poor value based on its PE Ratio (45x) compared to the Electronic industry average (17.3x).
PE vs Market: ROG is poor value based on its PE Ratio (45x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ROG is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ROG is overvalued based on its PB Ratio (2.3x) compared to the US Electronic industry average (1.8x).
How is Rogers forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROG's forecast earnings growth (36% per year) is above the savings rate (1.7%).
Earnings vs Market: ROG's earnings (36% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ROG's revenue (3% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ROG's revenue (3% 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 $57.5M impacting its December 31 2019 financial results.
Growing Profit Margin: ROG's current net profit margins (5.3%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: ROG's earnings have grown by 13.5% per year over the past 5 years.
Accelerating Growth: ROG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROG had negative earnings growth (-46%) over the past year, making it difficult to compare to the Electronic industry average (13.1%).
Return on Equity
High ROE: ROG's Return on Equity (5.1%) is considered low.
How is Rogers's financial position?
Financial Position Analysis
Short Term Liabilities: ROG's short term assets ($464.1M) exceed its short term liabilities ($100.2M).
Long Term Liabilities: ROG's short term assets ($464.1M) exceed its long term liabilities ($239.1M).
Debt to Equity History and Analysis
Debt Level: ROG's debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: ROG's debt to equity ratio has increased from 10.4% to 13.3% over the past 5 years.
Debt Coverage: ROG's debt is well covered by operating cash flow (129.8%).
Interest Coverage: ROG's interest payments on its debt are well covered by EBIT (10x coverage).
Inventory Level: ROG has a high level of physical assets or inventory.
Debt Coverage by Assets: ROG's debt is covered by short term assets (assets are 3.7x debt).
What is Rogers's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ROG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ROG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ROG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ROG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ROG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce Hoechner (59yo)
Mr. Bruce D. Hoechner has been the Chief Executive Officer, Principal Executive Officer and President at Rogers Corporation (also know as: Rogers Advanced Circuit Materials Division ) since October 03, 201 ...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD3.67M) is about average for companies of similar size in the US market ($USD3.92M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
|Senior VP||1.4yrs||US$1.31m||0.0067% $147.9k|
|Chief Accounting Officer||1.9yrs||US$377.49k||0.0075% $166.5k|
|Senior VP & CTO||11.1yrs||US$1.16m||0.085% $1.9m|
|Senior VP||3.1yrs||US$1.06m||no data|
|Senior Vice President of Global Operations & Supply Chain||1.1yrs||no data||no data|
|Director of Investor Relations||0yrs||no data||no data|
|Senior VP of Corporate Development||5.3yrs||US$1.09m||0.062% $1.4m|
|VP of EH&S and Chief Human Resources Officer||1.1yrs||no data||no data|
|Senior Vice President||7.6yrs||US$722.30k||0.057% $1.3m|
Experienced Management: ROG's management team is considered experienced (3.1 years average tenure).
|Independent Director||9.7yrs||US$220.00k||0.081% $1.8m|
|Lead Director||2.8yrs||US$234.00k||0.082% $1.8m|
|Independent Director||4.3yrs||US$223.75k||0.019% $428.7k|
|Independent Director||2.5yrs||US$216.25k||0.0046% $101.3k|
|Independent Director||5.3yrs||US$230.00k||0.030% $655.1k|
|Independent Director||6.6yrs||US$217.50k||0.034% $750.4k|
|Independent Director||14yrs||US$216.25k||0.054% $1.2m|
Experienced Board: ROG's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ROG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rogers Corporation's company bio, employee growth, exchange listings and data sources
- Name: Rogers Corporation
- Ticker: ROG
- Exchange: NYSE
- Founded: 1832
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$2.217b
- Shares outstanding: 18.61m
- Website: https://www.rogerscorp.com
Number of Employees
- Rogers Corporation
- 2225 West Chandler Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ROG||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|RG6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
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, wired infrastructure, and consumer electronics under the RO3000, RO4000, RT/duroid, TMM, AD Series, and CLTE Series names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in critical cushioning, sealing, and vibration management applications for the portable electronics, automotive, aerospace, rail, footwear, and printing end markets; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable, pressure-sensitive tapes, and automotive applications. It provides its products under the PORON, BISCO, DeWAL, ARLON, DSP, Griswold, eSORBA, XRD, HeatSORB, and R/bak names. The PES segment offers ceramic substrate materials for power module applications, laminated busbars for power inverter and high power interconnect applications, and micro-channel coolers. It sells its ceramic substrate materials and micro-channel coolers under the curamik name; and busbars under the ROLINX name. The Other segment provides elastomer components for applications in the ground transportation, office equipment, consumer, and other markets; elastomer floats for level sensing in fuel tanks, motors, and storage tanks; and inverters for portable communications and automotive markets. It offers its elastomer components under the NITROPHYL and ENDUR names. The company was founded in 1832 and is headquartered in Chandler, Arizona.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:04|
|End of Day Share Price||2020/02/27 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.