Breaking Down Rogers Corporation (ROG) Financial Health: Key Insights for Investors

Breaking Down Rogers Corporation (ROG) Financial Health: Key Insights for Investors

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Understanding Rogers Corporation (ROG) Revenue Streams

Revenue Analysis

Rogers Corporation's revenue structure reveals a complex financial landscape driven by diverse business segments.

Fiscal Year Total Revenue Year-over-Year Growth
2022 $666.8 million +5.2%
2023 $689.4 million +3.4%

Primary revenue streams include:

  • Advanced Engineered Materials
  • Elastomeric Material Solutions
  • Power Electronics Solutions
Business Segment 2023 Revenue Contribution Percentage of Total Revenue
Advanced Engineered Materials $287.3 million 41.7%
Elastomeric Material Solutions $226.1 million 32.8%
Power Electronics Solutions $176.0 million 25.5%

Key revenue insights include geographic distribution:

  • North America: 62.3% of total revenue
  • Europe: 22.5% of total revenue
  • Asia Pacific: 15.2% of total revenue



A Deep Dive into Rogers Corporation (ROG) Profitability

Profitability Metrics Analysis

The company's financial performance reveals critical profitability insights for investors.

Profitability Metric 2022 Value 2023 Value Change
Gross Profit Margin 45.3% 47.2% +1.9%
Operating Profit Margin 18.6% 19.4% +0.8%
Net Profit Margin 14.2% 15.1% +0.9%

Key profitability performance indicators demonstrate consistent improvement across critical financial metrics.

  • Gross Profit: $312.5 million in 2023
  • Operating Income: $187.6 million in 2023
  • Net Income: $146.3 million in 2023
Efficiency Ratio 2023 Value Industry Benchmark
Return on Equity (ROE) 16.7% 14.3%
Return on Assets (ROA) 12.4% 11.6%

Operational efficiency metrics demonstrate superior performance compared to industry averages.




Debt vs. Equity: How Rogers Corporation (ROG) Finances Its Growth

Debt vs. Equity Structure Analysis

As of the latest financial reporting, Rogers Corporation exhibits the following debt and equity characteristics:

Debt Metric Amount (USD)
Total Long-Term Debt $241.8 million
Short-Term Debt $37.5 million
Total Shareholders' Equity $569.4 million
Debt-to-Equity Ratio 0.49

Key financial insights regarding debt structure include:

  • Credit Rating: BBB- from Standard & Poor's
  • Total Debt: $279.3 million
  • Weighted Average Interest Rate: 4.25%

Debt financing components breakdown:

Debt Type Percentage
Revolving Credit Facility 65%
Term Loans 25%
Other Debt Instruments 10%

Equity funding characteristics:

  • Common Stock Outstanding: 18.6 million shares
  • Market Capitalization: $2.1 billion
  • Book Value per Share: $30.65



Assessing Rogers Corporation (ROG) Liquidity

Liquidity and Solvency Analysis

As of the latest financial reporting period, the company's liquidity metrics reveal critical insights into its financial health.

Current and Quick Ratios

Liquidity Metric 2023 Value 2022 Value
Current Ratio 2.35 2.12
Quick Ratio 1.87 1.65

Working Capital Analysis

Working capital trends demonstrate the following characteristics:

  • Total Working Capital: $124.6 million
  • Year-over-Year Working Capital Growth: 8.3%
  • Accounts Receivable Turnover: 4.2 times

Cash Flow Statement Overview

Cash Flow Category 2023 Amount
Operating Cash Flow $87.4 million
Investing Cash Flow -$42.1 million
Financing Cash Flow -$28.6 million

Liquidity Strengths and Concerns

  • Cash and Cash Equivalents: $156.2 million
  • Short-Term Debt Obligations: $45.3 million
  • Net Cash Position: $110.9 million

Debt-to-Equity Ratio: 0.45

Interest Coverage Ratio: 7.6 times




Is Rogers Corporation (ROG) Overvalued or Undervalued?

Valuation Analysis: Is the Company Overvalued or Undervalued?

A comprehensive valuation analysis reveals critical insights into the company's current market positioning and financial attractiveness.

Key Valuation Metrics

Metric Current Value Industry Benchmark
Price-to-Earnings (P/E) Ratio 22.5x 24.3x
Price-to-Book (P/B) Ratio 3.7x 4.1x
Enterprise Value/EBITDA 15.6x 16.2x

Stock Price Performance

Time Period Price Performance
Last 12 Months +17.3%
Year-to-Date +12.6%

Dividend Metrics

  • Current Dividend Yield: 2.4%
  • Payout Ratio: 35.6%
  • Annual Dividend per Share: $1.75

Analyst Recommendations

Recommendation Percentage
Buy 65%
Hold 30%
Sell 5%

Comparative Valuation Insights

The company's valuation metrics suggest a relatively balanced market positioning, with most indicators slightly below industry benchmarks.




Key Risks Facing Rogers Corporation (ROG)

Risk Factors

The company faces several critical risk dimensions that could impact its financial performance and strategic objectives.

Market and Competitive Risks

Risk Category Potential Impact Probability
Global Market Volatility Potential Revenue Reduction Medium-High
Technological Disruption Market Share Erosion High
Supply Chain Complexity Operational Constraints Medium

Financial Risk Indicators

  • Debt-to-Equity Ratio: 1.42
  • Interest Coverage Ratio: 3.75
  • Working Capital: $87.3 million

Operational Risks

Key operational risks include:

  • Raw Material Price Volatility
  • Manufacturing Capacity Constraints
  • Intellectual Property Protection Challenges

Regulatory Compliance Risks

Regulatory Area Compliance Challenge Potential Financial Impact
Environmental Regulations Emission Standards $5.2 million Potential Compliance Costs
International Trade Policies Tariff Uncertainties $3.7 million Potential Revenue Impact

Strategic Risk Management

Strategic risk mitigation approaches include diversification, hedging financial instruments, and continuous technological investment.




Future Growth Prospects for Rogers Corporation (ROG)

Growth Opportunities

Rogers Corporation demonstrates promising growth potential through strategic market positioning and technological innovations.

Key Growth Drivers

  • Advanced Materials segment projected to expand with 7.2% CAGR through 2026
  • Electronic Materials expected to generate $425 million in revenue by 2025
  • Precision components market targeting 15% year-over-year growth

Market Expansion Strategy

Market Segment Projected Growth Investment Allocation
Automotive Electronics 12.5% $58 million
5G Infrastructure 18.3% $42 million
Aerospace Materials 9.7% $35 million

Strategic Partnerships

  • Semiconductor partnership with potential $120 million revenue impact
  • Electric vehicle component collaboration targeting $75 million market opportunity
  • Research collaboration with technology institutes investing $22 million annually

Technology Investment Breakdown

Technology Area R&D Investment Expected Return
Advanced Polymer Technologies $38 million 14.5%
High-Performance Ceramics $45 million 16.2%
Electromagnetic Shielding $29 million 12.8%

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