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ROG

Rogers NYSE:ROG Stock Report

Last Price

US$263.75

Market Cap

US$5.0b

7D

-3.3%

1Y

41.6%

Updated

15 May, 2022

Data

Company Financials +
ROG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ROG Stock Overview

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

Rogers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rogers
Historical stock prices
Current Share PriceUS$263.75
52 Week HighUS$274.51
52 Week LowUS$175.01
Beta1.47
1 Month Change-3.27%
3 Month Change-3.29%
1 Year Change41.60%
3 Year Change85.69%
5 Year Change146.43%
Change since IPO4,342.11%

Recent News & Updates

Shareholder Returns

ROGUS ElectronicUS Market
7D-3.3%-1.4%-2.5%
1Y41.6%-12.3%-10.4%

Return vs Industry: ROG exceeded the US Electronic industry which returned -12.3% over the past year.

Return vs Market: ROG exceeded the US Market which returned -10.4% over the past year.

Price Volatility

Is ROG's price volatile compared to industry and market?
ROG volatility
ROG Average Weekly Movement1.0%
Electronic Industry Average Movement7.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: ROG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: ROG's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18323,675Bruce Hoechnerhttps://www.rogerscorp.com

Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets.

Rogers Fundamentals Summary

How do Rogers's earnings and revenue compare to its market cap?
ROG fundamental statistics
Market CapUS$4.96b
Earnings (TTM)US$93.52m
Revenue (TTM)US$951.89m

53.0x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROG income statement (TTM)
RevenueUS$951.89m
Cost of RevenueUS$605.15m
Gross ProfitUS$346.73m
Other ExpensesUS$253.22m
EarningsUS$93.52m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.97
Gross Margin36.43%
Net Profit Margin9.82%
Debt/Equity Ratio17.0%

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?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


53.03x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ROG ($263.75) is trading above our estimate of fair value ($118.89)

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 (53x) compared to the US Electronic industry average (15.4x).

PE vs Market: ROG is poor value based on its PE Ratio (53x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ROG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ROG is overvalued based on its PB Ratio (4.4x) compared to the US Electronic industry average (1.8x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.0%

Forecasted Tech industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rogers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Rogers performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ROG has high quality earnings.

Growing Profit Margin: ROG's current net profit margins (9.8%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: ROG's earnings have declined by 0.5% per year over the past 5 years.

Accelerating Growth: ROG's earnings growth over the past year (37.6%) exceeds its 5-year average (-0.5% per year).

Earnings vs Industry: ROG earnings growth over the past year (37.6%) underperformed the Electronic industry 37.6%.


Return on Equity

High ROE: ROG's Return on Equity (8.4%) is considered low.


Financial Health

How is Rogers's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ROG's short term assets ($576.5M) exceed its short term liabilities ($161.2M).

Long Term Liabilities: ROG's short term assets ($576.5M) exceed its long term liabilities ($314.6M).


Debt to Equity History and Analysis

Debt Level: ROG's net debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: ROG's debt to equity ratio has reduced from 35.4% to 17% over the past 5 years.

Debt Coverage: ROG's debt is well covered by operating cash flow (39%).

Interest Coverage: ROG's interest payments on its debt are well covered by EBIT (55.1x coverage).


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ROG has not reported any payouts.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Bruce Hoechner (61 yo)

10.58yrs

Tenure

US$5,792,438

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 ($USD5.79M) is about average for companies of similar size in the US market ($USD8.23M).

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


Leadership Team

Experienced Management: ROG's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: ROG's board of directors are considered experienced (7.6 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.


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
  • Implied Market Cap: US$4.959b
  • Shares outstanding: 18.80m
  • 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 Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.