Roper Technologies, Inc. (ROP) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+102.8%

$976.49

vs $481.61 price

Levered DCF

$845.75

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

3.09

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	31.11×	35.93×	42.6×	38.5×	47.23×	47.48×	20.82×	29.12×
P/B	2.4×	2.95×	3.33×	2.85×	4.48×	4.3×	3.88×	3.55×
P/S	6.04×	7.91×	9.41×	8.52×	10.71×	9.29×	6.86×	5.3×
EV / EBITDA	17.95×	20.78×	24.14×	24.32×	31.57×	30.88×	14.68×	18.36×
Gross margin	69.2%	69.3%	69.7%	69.9%	70.5%	67.4%	63.9%	63.2%
Operating margin	28.3%	28.4%	28.2%	28.4%	27.6%	26.2%	27.9%	26.9%
Net margin	19.4%	22.0%	22.1%	22.1%	22.7%	19.6%	32.9%	18.2%
Current ratio	0.52×	0.4×	0.5×	0.67×	0.78×	0.72×	0.83×	1.11×
Debt / equity	0.47×	0.41×	0.37×	0.42×	0.69×	0.92×	0.56×	0.64×
Interest coverage	6.88×	7.7×	10.6×	7.92×	5.71×	5.82×	8.03×	7.67×
Dividend yield	0.7%	0.6%	0.5%	0.6%	0.5%	0.5%	0.5%	0.6%
Payout ratio	23.1%	20.8%	21.3%	22.1%	21.6%	22.5%	10.8%	18.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.7%	8.2%	7.8%	7.4%	9.5%	9.1%	18.6%	12.2%
Return on invested capital	5.6%	5.5%	5.3%	4.7%	4.9%	4.5%	7.3%	8.0%
Return on assets	4.4%	4.9%	4.8%	4.4%	4.6%	4.0%	9.8%	6.2%
Free cash flow yield	5.2%	4.2%	3.3%	1.5%	3.8%	3.3%	3.8%	5.0%
Earnings yield	3.2%	2.8%	2.3%	2.6%	2.1%	2.1%	4.8%	3.4%
Enterprise value	$56.7B	$63.2B	$64.3B	$51.7B	$59.4B	$54.4B	$41.4B	$32.1B
Net debt / EBITDA	2.85×	2.46×	2.31×	2.78×	4.05×	5.28×	1.64×	2.62×
Cash conversion cycle (days)	57	49	53	57	52	72	74	68