ROP Roper Technologies
too hard · 61
Owner-earnings value$560.03
Price$436.23
Margin of safety
+28.4%
Quality gate · 61/100
⚠ sub-hurdle returns (median roic 6% < 9%)
Median ROIC6.3%
Gross margin69.5%
Net debt / EBITDA2.1x
FCF conversion81%
Share count / yr+0.2%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 2.56B |
| Owner-earnings yield | 5.9% |
| Free-cash-flow yield | 5.9% |
| Growth used (normalized) | 8.6% |
| Market-implied growth (reverse DCF) | 2.6% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 2.78B | 8.6% | 2.55B |
| 2 | 3.00B | 7.9% | 2.53B |
| 3 | 3.22B | 7.3% | 2.49B |
| 4 | 3.44B | 6.7% | 2.43B |
| 5 | 3.65B | 6.1% | 2.37B |
| 6 | 3.84B | 5.5% | 2.29B |
| 7 | 4.03B | 4.9% | 2.21B |
| 8 | 4.20B | 4.2% | 2.11B |
| 9 | 4.35B | 3.6% | 2.00B |
| 10 | 4.48B | 3.0% | 1.89B |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~3%/yr owner-earnings growth over 10y (reverse DCF); model credits 9%. Capped at market + 6pts.