Benchmark Electronics, Inc. (BHE) vs Rogers Corporation (ROG)

Benchmark Electronics, Inc. and Rogers Corporation are both Electronic Components companies. Benchmark Electronics, Inc. is the larger, with a market value of $2.9B against $2.7B — 1.1× the size. Benchmark Electronics, Inc. trades at the lower P/E: 55.0× against 84.2×. Benchmark Electronics, Inc. grew revenue faster over the last twelve months: 8.87% against 4.90%. Rogers Corporation has the higher net margin (3.75% vs 1.89%) and the lower return on invested capital (3.37% vs 6.11%). Across the 22 metrics below, Benchmark Electronics, Inc. leads on 14 and Rogers Corporation on 8.

Valuation

Metric BHE ROG Electronic Components median
P/E 55.05 84.23 38.16
P/S 1.04 3.16 3.21
P/B 2.62 2.19 3.56
Price to free cash flow 23.49 31.56 27.56
EV/EBITDA 19.42 22.81 19.42
EV/Sales 0.99 2.95 3.44
Earnings yield 1.82% 1.19% 1.31%
Free cash flow yield 4.26% 3.17% 0.42%

Profitability

Metric BHE ROG Electronic Components median
Gross margin 10.28% 32.44% 33.21%
Operating margin 3.40% 6.41% 3.53%
Net margin 1.89% 3.75% 2.79%
Free cash flow margin 4.42% 10.01% 0.20%
Return on equity 4.78% 2.60% 2.60%
Return on assets 2.50% 2.16% 2.50%
Return on invested capital 6.11% 3.37% 2.28%

Growth

Metric BHE ROG Electronic Components median
Revenue growth (TTM) 8.87% 4.90% 12.01%
EPS growth (last fiscal year) (60.47%) (342.86%) 42.31%
Revenue growth, 5-year CAGR 5.31% 0.20% 7.19%
Net income growth, 5-year CAGR 12.07% 0.00% 0.00%

Health

Metric BHE ROG Electronic Components median
Debt to equity 0.16 0.00 0.13
Current ratio 1.99 3.99 2.41
Net debt to EBITDA (0.90) (21.18) 0.34

Dividend

Metric BHE ROG Electronic Components median
Dividend yield 0.83% — 0.78%
Payout ratio 0.46 — 0.29

Size

Metric BHE ROG Electronic Components median
Market cap 2.92b 2.65b 761.62m

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