| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 25 | 80.9x | 17.8x | Bottom tier | |
Growth | 51 | 4.9% | 7.1% | Around median | |
Quality | 53 | 2.1% | 4.5% | Around median | |
Safety | 94 | — | 2.6x | Top tier | |
Capital Return | 68 | — | 2.12% | Top tier | |
Momentum | 80 | 68.1% | 2.9% | Top tier | |
Sentiment | 50 | 2 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Rogers Corporation is a specialized engineered materials company serving the industrial, automotive, electronics and communications, aerospace, and defense markets through its AES and EMS business units. The demand drivers cited include high-frequency circuit materials, ceramic power substrates for electric vehicles, silicone solutions, battery protection materials, thermal management, and power distribution. In Q2 fiscal 2026, the industrial segment accounted for approximately 37% of year-to-date sales, while automotive represented approximately 25% of quarterly sales, electronics and communications approximately 18%, and aerospace and defense approximately 15%.
In Q2 fiscal 2026, sales reached $216.8 million, up 6.9% year over year and above the midpoint of the company's guidance range; approximately two-thirds of the increase came from improved demand and mix, while the remainder came from the impact of foreign exchange rates. AES sales rose 7.8% and EMS sales rose 6% year over year, while gross margin reached 32.5%, up 90 basis points. The company reported adjusted earnings per share of $0.92, up 171%, and adjusted earnings before interest, taxes, depreciation, and amortization of $37.6 million, or 17.3% of sales, with the margin up 550 basis points.
EDGAR data show a return to quarterly profitability before the latest earnings call, with net income of $4.5 million and earnings per share of $0.25 in Q1 fiscal 2026, following net income of $4.6 million in Q4 fiscal 2025. However, net income for the twelve-month period ending in fiscal 2026 remained negative at $55.9 million on revenue of $820.8 million, making the current operational improvement important for demonstrating the sustainability of the return to profitability under generally accepted accounting principles.
Automated analysis for informational purposes only — not investment advice.
The average analyst target is $150, with the highest and lowest targets both at $150 and a consensus rating of “Buy”; however, the absence of any variation between the targets means the context presents a single estimate rather than a broad range of views. This target is approximately 11% below the 52-week range high of $169 and above its low of $75.14, while a meaningful price-to-earnings multiple is unavailable because of the per-share loss for the twelve-month period ending in fiscal 2026. The valuation is therefore tied to demonstrating that the improvement in margins and adjusted earnings can translate into sustainable profitability under generally accepted accounting principles.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Sales rose 6.9% to $216.8 million, with approximately two-thirds of the increase coming from improved demand and product mix and the remainder from foreign exchange rates. AES sales grew 7.8% and EMS sales grew 6% year over year. Industrial activity was led by growth in silicone solutions and railway applications, while electronics and communications benefited from wireless infrastructure, smartphones, and customer share gains.
The company expects revenue of between $233 million and $243 million, representing 10% year-over-year growth at the midpoint. It expects a gross margin of between 33.2% and 34.2% and adjusted earnings per share of between $1.10 and $1.30. It also expects adjusted earnings before interest, taxes, depreciation, and amortization of between $44 million and $50 million, with a margin of 19.7% at the midpoint.
The company is testing microchannel cooler technology designed for high-power artificial intelligence and data center applications with several customers and reported on the July 28, 2026 call that evaluations are progressing. It has also begun sampling high-frequency circuit materials with several prospective customers to address signal integrity challenges in next-generation artificial intelligence server architectures. The context does not include realized revenue or specific commercial contracts from these products, so their financial contribution remains unproven within the figures provided.
Rogers Corporation recorded a net loss of $55.9 million and negative earnings per share of approximately $3.12 for the twelve-month period ending in fiscal 2026, so the traditional price-to-earnings multiple does not provide a useful reading. Fiscal 2025 also recorded a net loss of $61.8 million and negative earnings per share of $3.40. In contrast, Q1 fiscal 2026 generated net income of $4.5 million, and adjusted earnings per share in Q2 fiscal 2026 reached approximately $0.92, demonstrating a quarterly improvement that has not yet erased the cumulative losses for the twelve-month period.
The pressures include shortages of certain raw materials, higher silver and copper costs, and shipping lead times that increased in some cases to more than 12 weeks from 4 to 6 weeks. Management also expects low utilization of the ceramics plant in China to impose a burden of approximately 85 basis points on the Q3 fiscal 2026 margin. Despite these factors, the company is targeting an adjusted earnings before interest, taxes, depreciation, and amortization margin of 19.7% at the midpoint of Q3 guidance, up 250 basis points year over year.
Cash and short-term investments exceeded $211 million at the end of Q2 fiscal 2026, up $15.6 million from the end of the previous quarter. Cash flow from operations was $24.4 million, compared with $5.8 million in Q1 fiscal 2026, and free cash flow reached $18.3 million. The company spent $6.1 million on capital expenditures and repurchased $3 million of shares during the quarter, with expected annual capital expenditures of between $30 million and $35 million.
