Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. The company was founded in 1832 and is based in Rogers, Connecticut.
ROG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ROG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Rogers Corp ranked in the 40th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 34.33%. In terms of the factors that were most noteworthy in this DCF analysis for ROG, they are:
98% of the company's capital comes from equity, which is greater than 90.1% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 2% of the company's capital (with equity being the remaining amount). Approximately only 9.86% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The weighted average cost of capital for the company is 9. This value is greater than 61.12% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SMCI, CDK, FIVN, ISDR, and NOW can be thought of as valuation peers to ROG, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Rogers Corp. had its Relative Strength (RS) Rating upgraded from 78 to 83 Thursday. The advance puts Rogers Corp. stock in the 80th percentile, making it one for you watchlist. When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
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