Rogers Corporation

Rogers Corporation

ROGยทNYSE

$148.00

+0.67%
TechnologyHardware, Equipment & Parts

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. This segment sells its products under the curamik, ROLINX, RO4000, RO3000, RT/duroid, CLTE Series, TMM, AD Series, DiClad, CuClad Series, Kappa, COOLSPAN, TC Series, 92ML, IsoClad, MAGTREX, XTremeSpeed RO1200, IM Series, 2929 Bondply, 3001 Bondply Film, and SpeedWave names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable protection, electrical insulation, conduction and shielding, hose and belt protection, vibration management, cushioning, gasketing and sealing, and venting applications. This segment sells its products under the PORON, BISCO, DeWAL, ARLON, eSORBA, Griswold, XRD, Silicone Engineering, and R/bak names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.

At a Glance

Live Snapshot
Market Cap$2.64B
EPS-3.3600
P/E Ratio-44.05
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -44.0).

Valuation inputs: P/E -44.0, earnings yield N/A, momentum +0.7%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -5.2%, ROIC +4.0%).

Profitability stack: net margin -7.6%, ROE -5.2%, ROIC +4.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +16.4%, momentum +0.7%, net margin -7.6%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Rogers Corporation Market vs Earnings Trajectory

ROG ยท NYSE

Loading price and EPS data...

Rogers Corporation

Rogers Corporation Fair Value Envelope

ROG ยท NYSE

Our analysis suggests that ROG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $148, this represents a potential HIDDEN relative to our calculated worth for Rogers Corporation.

Intrinsic Value
Current Price: $148
3Y-154.0%
5Y-225.0%
10Y-225.0%
3Y-17.0%
5Y+1.0%
10Y+24.0%
3Y-153.0%
5Y-224.0%
10Y-228.0%
3Y-22.0%
5Y-39.0%
10Y-13.0%
3Y+460.0%
5Y-43.0%
10Y-28.0%
3Y-13.0%
5Y+13.0%
10Y+35.0%
Rogers Corporation

Rogers Corporation Profit Bridge

ROG ยท NYSE
Revenue810.80M
Cost of Goods Sold (554.00M)
Gross Profit256.80M
Operating Expenses (204.70M)
Operating Income52.10M
Interest Expense (0.00)
Other Income/Expense-97.20M
Pretax Income-45.10M
Income Tax (16.70M)
Net Income-61.80M
Net Income
-61.80M

Profitability Analysis

Gross Margin

31.7%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

6.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-7.6%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

31.67%
Gross Profit Margin
-5%
3Y-4.0%
5Y-13.0%
10Y-17.0%
6.43%
Operating Profit Margin
114%
3Y-57.0%
5Y-23.0%
10Y-50.0%
-7.62%
Net Profit Margin
-342%
3Y-163.0%
5Y-222.0%
10Y-204.0%
-5.17%
Return on Equity
-348%
3Y-152.0%
5Y-206.0%
10Y-168.0%
-4.32%
Return on Assets
-345%
3Y-161.0%
5Y-209.0%
10Y-195.0%
3.98%
Return on Invested Capital
186%
3Y-50.0%
5Y-6.0%
10Y-22.0%
ROG

Rogers Corporation Cash Conversion Engine

ROG ยท NYSE
Net Income-61.80M
Depreciation & Amortization54.30M
Stock-Based Compensation0.00
Change in Working Capital31.00M
Others84.40M
Capital Expenditures-30.10M
Free Cash Flow71.10M

Cash Flow Quality Analysis

FCF Conversion Rate

-115.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

29.7%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+0.1%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

+$31.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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Rogers Corporation Funding & Solvency Profile

ROG ยท NYSE
Cash & Cash Equivalents195.80M
Net Receivables172.70M
Inventory127.50M
Other Current Assets15.40M
Total Current Assets511 M
Property, Plant & Equipment382.40M
Goodwill & Intangible Assets397.00M
Long-Term Investments48.10M
Other Non-Current Assets19.80M
Total Non-Current Assets450 M
Total Assets
1.43B

Financial Health Analysis

Current Ratio

4.02x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.20x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

384 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

36% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Rogers Corporation Street Expectations Map

ROG ยท NYSE

Wall Street analysts project that ROG stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 150.00, with estimates ranging from a low of 150.00 to a high of 150.00.

Lowest Target
150.00
1.35%
Consensus Target
150.00
1.35%
Highest Target
150.00
1.35%

The consensus 1-year price target stands at 150.00, with estimates ranging from a low of 150.00 to a high of 150.00.

Analyst Consensus Analysis

Upside Potential

+1.4%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

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Rogers Corporation Insider Positioning

ROG ยท NYSE

During the last 12 months, insiders have sold $1.79M worth of ROG shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

1.8K

240.02K

Net Activity

-240K

-$240K

3-6 Months

Bought

0

0.00

Sold

10.8K

1.16M

Net Activity

-1.2M

-$1.16M

6-9 Months

Bought

0

0.00

Sold

4.5K

381.16K

Net Activity

-381K

-$381K

9-12 Months

Bought

0

0.00

Sold

46

3.59K

Net Activity

-4K

-$4K

Top Buyers

No buying activity

Top Sellers

1
WPC

Wallace Peter C

Director

12.7K sharesโ€ข4 transactions

$1.30M

2
WMR

Webb Michael Reed

Officer: Svp & Chief Admin Officer

2.8K sharesโ€ข3 transactions

$306K

3
LBK

Larabee Brian Keith

Officer: Svp & Gm - Ems

1.6K sharesโ€ข2 transactions

$179K

4
RL

Russell Laura

Officer: Svp, Cfo, Treasurer

31 sharesโ€ข1 transactions

$2K

5
RRS

Reeder Raymond Sean

Officer: Corporate Controller & Cao

15 sharesโ€ข1 transactions

$1K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.79M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$240K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.00%
Dividend Yield
3Y-
5Y-100.0%
10Y-
ย 

rog Dividend History

ROG
10Y CAGR +0%
Latest $0.008
Annual $0.0375
Stable dividend payments
Last Period: +0%