Rogers Stock Piotroski F Score

ROG Stock  USD 106.42  0.60  0.57%   
This module uses fundamental data of Rogers to approximate its Piotroski F score. Rogers F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Rogers. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Rogers financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Rogers Altman Z Score, Rogers Correlation, Rogers Valuation, as well as analyze Rogers Alpha and Beta and Rogers Hype Analysis.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
  
At this time, Rogers' Short and Long Term Debt is most likely to increase significantly in the upcoming years. The Rogers' current Interest Debt Per Share is estimated to increase to 3.10, while Long Term Debt is projected to decrease to roughly 28.5 M. At this time, Rogers' Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. The Rogers' current Free Cash Flow Per Share is estimated to increase to 1.20, while Dividend Yield is projected to decrease to 0.
At this time, it appears that Rogers' Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Rogers Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Rogers is to make sure Rogers is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Rogers' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Rogers' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03660.0373
Fairly Down
Slightly volatile
Asset Turnover1.10.5987
Way Up
Slightly volatile
Gross Profit Margin0.260.3381
Way Down
Pretty Stable
Total Current Liabilities68.4 M116.4 M
Way Down
Slightly volatile
Non Current Liabilities Total117.9 M141.8 M
Significantly Down
Pretty Stable
Total Assets1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Assets553.2 M526.9 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities138 M131.4 M
Sufficiently Up
Slightly volatile

Rogers F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Rogers' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Rogers in a much-optimized way.

About Rogers Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

17.84 Million

At this time, Rogers' Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

About Rogers Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rogers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rogers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rogers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rogers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rogers' short interest history, or implied volatility extrapolated from Rogers options trading.

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When determining whether Rogers is a strong investment it is important to analyze Rogers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rogers' future performance. For an informed investment choice regarding Rogers Stock, refer to the following important reports:
Check out Rogers Altman Z Score, Rogers Correlation, Rogers Valuation, as well as analyze Rogers Alpha and Beta and Rogers Hype Analysis.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Rogers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
3.03
Revenue Per Share
48.839
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0205
The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers' market value can be influenced by many factors that don't directly affect Rogers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.