AI Spotlight on ROG
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.
Market Data
Last Price | 93.05 |
Change Percentage | -0.89% |
Open | 94.1 |
Previous Close | 93.89 |
Market Cap ( Millions) | 1736 |
Volume | 238419 |
Year High | 134.07 |
Year Low | 92.58 |
M A 50 | 101.79 |
M A 200 | 109.56 |
Financial Ratios
FCF Yield | 5.98% |
Dividend Yield | 0.00% |
ROE | 3.92% |
Debt / Equity | 1.98% |
Net Debt / EBIDTA | -103.79% |
Price To Book | 1.33 |
Price Earnings Ratio | 34.75 |
Price To FCF | 16.72 |
Price To sales | 2.06 |
EV / EBITDA | 13.91 |
News
- Jan -31 - Rogers Communications' Q4 Earnings and Revenues Beat Estimates
- Jan -30 - Rogers Communications Reports Fourth Quarter 2024 Results; Announces 2025 Financial Guidance
- Jan -30 - Rogers Communications Declares 50 Cents per Share Quarterly Dividend
- Jan -21 - Rogers and TIFF Sign Multi-Year Deal
- Jan -15 - Rogers Sugar Inc.: Conference Call β 1st Quarter 2025 Results
- Jan -03 - Rogers Communications Notice for 4Q24 Results Teleconference January 30, 2025, at 8:00 A.M. ET
- Dec -23 - Canada regulator sues Rogers for alleged misleading claims about data offering
- Dec -18 - Rogers Corporation Announces Addition of Woon Keat Moh to Board of Directors
- Dec -13 - Rogers Provides Update on Its Acquisition of Bell's 37.5% Stake in MLSE
- Dec -12 - Rogers Charity Classic Sets New Fundraising Record
- Dec -10 - Rogers Appoints Laura Russell as Chief Financial Officer
- Dec -10 - Rogers Xfinity introduces Storm-Ready WiFi
- Dec -09 - Taylor Swift Fans in Vancouver Break Record for Most Data Ever Used at Single Event on Rogers 5G Network
- Dec -05 - Derek Rogers Joins Gray Media as General Manager of KXII and FXII in Sherman, Texas
- Dec -03 - Rogers Communications: Strong Execution And Reduced Leverage Support An Upgrade
- Nov -28 - Rogers Sugar Reports Strong Results for Fourth Quarter and for Fiscal 2024, Driven by the Contribution of Both Business Segments
- Nov -28 - Rogers Sugar Inc. Declares Dividend to Shareholders
- Nov -13 - NCLA Amicus Brief Asks Fifth Circuit to Overturn Currency Comptroller's Violation of Jury Trial Rights
- Oct -31 - Rogers Net-Zero Targets Approved by SBTi
- Oct -25 - Rogers Communications Q3 Earnings and Revenues Lag Estimates
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Advanced Connectivity Solutions
Expected Growth : 8.5 %
What the company do ?
Advanced Connectivity Solutions from Rogers Corporation provide high-reliability, high-speed connectivity solutions for demanding applications in aerospace, defense, and industrial markets.
Why we expect these perspectives ?
Growing demand for high-reliability and high-speed connectivity solutions in aerospace, defense, and industrial markets drives the growth of Advanced Connectivity Solutions. Increasing adoption of advanced materials and technologies, such as 5G and IoT, also contribute to the segment's growth.
Segment nΒ°2 -> Elastomeric Material Solutions
Expected Growth : 7.5 %
What the company do ?
Elastomeric Material Solutions from Rogers Corporation provide high-performance, flexible materials for sealing, cushioning, and vibration isolation in various industries.
Why we expect these perspectives ?
Growing demand for high-performance materials in industries such as aerospace, automotive, and healthcare, driven by increasing need for efficient sealing, cushioning, and vibration isolation solutions.
Segment nΒ°3 -> Other
Expected Growth : 4.5 %
What the company do ?
Rogers Corporation's 'Other' segment includes its curamik and isotropic materials, which are used in various applications such as automotive, industrial, and consumer products.
Why we expect these perspectives ?
Growing demand for advanced materials in automotive and industrial applications, increasing adoption of electric vehicles, and rising need for efficient consumer products drive the growth of Rogers Corporation's 'Other' segment.
Rogers Corporation Products
Product Range | What is it ? |
---|---|
Advanced Connectivity Solutions | Rogers Corporation's Advanced Connectivity Solutions provide high-reliability, high-performance materials and solutions for demanding applications in the aerospace, defense, and industrial markets. |
Elastomeric Material Solutions | Rogers Corporation's Elastomeric Material Solutions offer a range of elastomeric materials for sealing, cushioning, and vibration isolation in various industries. |
Power Electronics Solutions | Rogers Corporation's Power Electronics Solutions provide high-performance materials and solutions for power electronic devices, including thermal management and electrical insulation. |
Printed Circuit Materials | Rogers Corporation's Printed Circuit Materials offer a range of high-reliability, high-performance materials for printed circuit boards and other electronic assemblies. |
Rogers Corporation's Porter Forces
Threat Of Substitutes
Rogers Corporation operates in the advanced materials and elastomeric components industries, which have relatively few substitutes. However, the company's products can be substituted with alternative materials or components in certain applications, posing a moderate threat.
Bargaining Power Of Customers
Rogers Corporation's customers are primarily OEMs and contract manufacturers in the aerospace, defense, and industrial markets. While these customers may have some bargaining power, the company's strong relationships and customized products mitigate this threat.
Bargaining Power Of Suppliers
Rogers Corporation relies on a diverse supplier base for raw materials and components. While the company has some bargaining power due to its size and relationships, suppliers may still exert some pressure on prices and delivery terms.
Threat Of New Entrants
The advanced materials and elastomeric components industries have high barriers to entry, including significant capital expenditures and technical expertise. This limits the threat of new entrants and allows Rogers Corporation to maintain its market position.
Intensity Of Rivalry
The advanced materials and elastomeric components industries are highly competitive, with several established players competing for market share. Rogers Corporation must continually innovate and improve its products to maintain its competitive edge.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 2.62% |
Debt Cost | 7.33% |
Equity Weight | 97.38% |
Equity Cost | 7.33% |
WACC | 7.33% |
Leverage | 2.69% |
Rogers Corporation : Quality Control
Rogers Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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