Skip to Content

Roper Technologies Inc ROP

Morningstar Rating
$561.49 +2.27 (0.41%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Transferring Coverage of Roper Technologies with a $480 Fair Value Estimate and Wide Moat Rating

Roper Technologies compounds cash flow by acquiring leading businesses in niche markets with durable competitive advantages and redeploying excess cash to acquire additional businesses with incrementally higher rates of return. The firm has pivoted from a legacy industrial base to a diversified technology company dominated by sticky software companies with wide economic moats, including multiple firms with gross retention rates above 95%.

Price vs Fair Value

ROP is trading at a 418% premium.
Price
$561.49
Fair Value
$945.00
Uncertainty
Medium
1-Star Price
$129.00
5-Star Price
$284.00
Economic Moat
Lpbl
Capital Allocation
Qzdtmswj

Bulls Say, Bears Say

Bulls

We expect Roper to continue execute on the firm’s highly successful playbook of using excess cash to acquire cash rich businesses at reasonable valuations.

Bears

Roper’s acquisition heavy model presents significant execution risk, and the firm may struggle to find attractive acquisition targets.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ROP is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$559.22
Day Range
$557.58564.88
52-Week Range
$453.96565.00
Bid/Ask
$554.33 / $569.15
Market Cap
$60.10 Bil
Volume/Avg
1.0 Mil / 537,439

Key Statistics

Price/Earnings (Normalized)
32.61
Price/Sales
9.46
Dividend Yield (Trailing)
0.51%
Dividend Yield (Forward)
0.53%
Total Yield
0.51%

Company Profile

Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.
Sector
Technology
Industry
Software - Application
Stock Style Box
Large Growth
Total Number of Employees
16,800

Competitors

Valuation

Metric
ROP
BRK.B
FTV
Price/Earnings (Normalized)
32.6121.9320.97
Price/Book Value
3.381.552.47
Price/Sales
9.462.174.27
Price/Cash Flow
29.2123.9518.26
Price/Earnings
ROP
BRK.B
FTV

Financial Strength

Metric
ROP
BRK.B
FTV
Quick Ratio
0.380.96
Current Ratio
0.491.50
Interest Coverage
11.3418.868.53
Quick Ratio
ROP
BRK.B
FTV

Profitability

Metric
ROP
BRK.B
FTV
Return on Assets (Normalized)
5.56%3.90%5.79%
Return on Equity (Normalized)
9.17%7.49%9.33%
Return on Invested Capital (Normalized)
7.14%6.61%7.92%
Return on Assets
ROP
BRK.B
FTV
See how this stock stacks up to its competitors with Morningstar Investor

Software - Application Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Salesforce Inc
CRM
JrzdnfpmZltbf$237.5 Bil
SAP SE ADR
SAP
SsrnMthpvxk$225.4 Bil
Intuit Inc
INTU
HxpyymptjgVyzrf$176.7 Bil
ServiceNow Inc
NOW
KhjqkdlghfThwn$153.9 Bil
Uber Technologies Inc
UBER
SdyktdccRmysml$146.7 Bil
Cadence Design Systems Inc
CDNS
KcgznydfsrWqvpk$86.7 Bil
Shopify Inc Registered Shs -A- Subord Vtg
SHOP
ZmwyzfxxTzls$83.8 Bil
Workday Inc Class A
WDAY
WldhkvdshTwrdm$58.1 Bil
Autodesk Inc
ADSK
HwxsqbnkdDmh$52.2 Bil

Sponsor Center