Rogers (ROG) AI Stock Analysis

• Market Cap: $1.29B
• Dividend Yield: N/A
• Average Volume (3M): 184.42K
• Price to Earnings (P/E): 76.9
• Beta (1Y): 1.13
• Revenue Growth: -8.06%
• EPS Growth: -75.10%
• Country: US
• Employees: 3,200
• Sector: Technology
• Sector Strength: 84
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.27
• Shares Outstanding: 18,524,866
• 10 Day Avg. Volume: 181,588
• 30 Day Avg. Volume: 184,422
• PEG Ratio: 2.52
• Price to Book (P/B): 1.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 176.89
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.67
• Enterprise Value/Gross Profit: 8.36
• Enterprise Value/Ebitda: 5.51
• 1Y Price Target: $85.00
• Price Target Upside: 25.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: $71.00 ▲(4.86%Upside)

Rogers Corporation's overall score reflects a stable financial foundation but is hindered by declining financial performance and a high P/E ratio suggesting overvaluation. Mixed technical analysis and earnings call results, with both positive developments and significant challenges, further influence the score.

Rogers Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Rogers Corporation generates revenue primarily through the sale of its high-performance specialty materials, which are essential components in various electronic applications. The company's key revenue streams include sales of printed circuit board laminates, advanced connectivity solutions, and engineered materials for power electronics. Rogers partners with leading manufacturers and technology companies to ensure its materials are integrated into critical applications, such as 5G wireless infrastructure, electric and hybrid vehicles, and advanced driver-assistance systems. Additionally, the company benefits from its global manufacturing footprint and strong customer relationships, which help drive consistent demand for its products.

Rogers Financial Statement Overview

Summary

Rogers has a stable financial base with strong equity and low debt. However, the company faces challenges with declining revenue, profit margins, and free cash flow, which could impact future growth. Operational efficiencies need improvement to maintain profitability.

Income Statement

Rogers' revenue has shown a declining trend from 2022 to the TTM of 2025. Gross profit margins are slightly decreasing, indicating potential cost pressure. The net profit margin has been relatively stable but on a downward trend, reflecting lower profitability. EBIT and EBITDA margins have also declined, suggesting operational challenges in maintaining efficiency.

Balance Sheet

The company maintains a strong equity position with a high equity ratio. Debt-to-equity ratio is very low, indicating low financial leverage and minimal risk from debt. ROE has decreased over the years, reflecting less effective use of equity in generating profit, but the company still holds a robust financial structure overall.

Cash Flow

Free cash flow has decreased, but the company still maintains positive cash flow from operations. The operating cash flow to net income ratio indicates strong cash generation relative to profit, though a decline in free cash flow growth rate suggests challenges in reinvestment or cash preservation.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
807.20M	830.10M	908.40M	971.17M	932.89M	802.58M
	Gross Profit
265.90M	277.10M	307.10M	321.01M	349.14M	291.82M
	EBIT
14.30M	24.90M	85.30M	144.43M	89.10M	17.23M
	EBITDA
72.50M	85.90M	138.70M	196.49M	172.64M	152.11M
	Net Income Common Stockholders
16.90M	26.10M	56.60M	116.60M	108.10M	49.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
175.60M	159.80M	131.70M	235.85M	232.30M	191.78M
	Total Assets
1.51B	1.48B	1.52B	1.65B	1.60B	1.26B
	Total Debt
24.20M	24.60M	50.40M	216.79M	190.00M	25.00M
	Net Debt
-151.40M	-135.20M	-81.30M	-19.06M	-42.30M	-166.78M
	Total Liabilities
240.10M	229.50M	258.20M	473.75M	479.67M	243.25M
	Stockholders Equity
1.27B	1.25B	1.26B	1.17B	1.12B	1.02B
Cash Flow		Free Cash Flow
54.40M	71.00M	74.40M	12.67M	53.24M	124.67M
	Operating Cash Flow
110.70M	127.10M	131.40M	129.46M	124.36M	165.06M
	Investing Cash Flow
-32.30M	-45.60M	-47.90M	-113.12M	-238.62M	-40.38M
	Financing Cash Flow
-20.20M	-50.10M	-190.30M	-10.10M	159.06M	-104.19M

Rogers Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 67.71
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ROG, the sentiment is Positive. The current price of 67.71 is below the 20-day moving average (MA) of 67.89, above the 50-day MA of 63.72, and below the 200-day MA of 88.08, indicating a neutral trend. The MACD of 1.14 indicates Negative momentum. The RSI at 57.27 is Neutral, neither overbought nor oversold. The STOCH value of 64.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ROG.

Rogers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTMI	74 Outperform	$3.77B	49.53	5.02%	―	11.65%	―
CTS	74 Outperform	$1.23B	20.81	11.39%	0.39%	-2.76%	16.64%
VICR	74 Outperform	$2.03B	87.73	4.16%	―	-5.61%	-18.63%
BHE	68 Neutral	$1.38B	26.37	4.84%	1.82%	-7.36%	-20.46%
ROG	63 Neutral	$1.29B	76.91	1.34%	―	-8.06%	-75.10%
Sector *	62 Neutral	$11.97B	10.29	-7.47%	2.99%	7.32%	-8.06%
MLAB	51 Neutral	$529.72M	―	-1.29%	0.66%	11.68%	-26360.70%

Rogers Corporate Events

Rogers Reports Q1 2025 Results Amid Market Challenges

On April 29, 2025, Rogers Corporation announced its first quarter results for 2025, reporting financial outcomes consistent with expectations despite a slight decrease in sales due to unfavorable foreign currency changes and seasonal declines in the portable electronics market. The company saw improved demand in the ADAS and industrial markets and ended the quarter with a strong cash position of $176 million. Despite challenges related to tariffs and global trade uncertainties, Rogers is focused on executing its commercial, innovation, and operational priorities to position itself for future success.