Stock Analysis on Net

Roper Technologies Inc. (NASDAQ:ROP)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Enterprise Value (EV) 

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Current Enterprise Value (EV)

Roper Technologies Inc., current enterprise value calculation

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Current share price (P) $494.05
No. shares of common stock outstanding 106,822,117
US$ in thousands
Common equity (market value)1 52,775,467
Add: Preferred stock, $0.01 par value per share; none outstanding (per books)
Total equity 52,775,467
Add: Current portion of long-term debt, net (per books) 699,200
Add: Long-term debt, net of current portion (per books) 5,962,500
Total equity and debt 59,437,167
Less: Cash and cash equivalents 792,800
Enterprise value (EV) 58,644,367

Based on: 10-K (reporting date: 2022-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 494.05 × 106,822,117


Historical Enterprise Value (EV)

Roper Technologies Inc., EV calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Share price1, 2 $428.99 $439.21 $383.92 $351.70 $319.35
No. shares of common stock outstanding1 106,243,275 105,602,835 104,939,597 106,109,664 103,607,782
US$ in thousands
Common equity (market value)3 45,577,303 46,381,821 40,288,410 37,318,769 33,087,145
Add: Preferred stock, $0.01 par value per share; none outstanding (book value)
Total equity 45,577,303 46,381,821 40,288,410 37,318,769 33,087,145
Add: Current portion of long-term debt, net (book value) 699,200 799,200 502,000 602,200 1,500
Add: Long-term debt, net of current portion (book value) 5,962,500 7,122,600 9,064,500 4,673,100 4,940,200
Total equity and debt 52,239,003 54,303,621 49,854,910 42,594,069 38,028,845
Less: Cash and cash equivalents 792,800 351,500 308,300 709,700 364,400
Enterprise value (EV) 51,446,203 53,952,121 49,546,610 41,884,369 37,664,445

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Roper Technologies Inc. Annual Report.

3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 428.99 × 106,243,275


Common Equity (Market Value) and Total Equity
The common equity and total equity values have shown a consistent upward trend from 2018 through 2021. Starting at approximately $33.1 billion in 2018, these figures increased steadily each year, reaching a peak of about $46.4 billion in 2021. However, in 2022, there was a slight decline to roughly $45.6 billion, indicating a minor reduction in equity after several years of growth.
Total Equity and Debt
Total equity and debt values similarly increased from around $38.0 billion in 2018 to a peak of approximately $54.3 billion in 2021. This represents significant growth over the four-year period. In 2022, this figure decreased to near $52.2 billion, following the slight decline observed in total equity. The decrease suggests a modest reduction in overall financing, whether through debt or equity, during the last year.
Enterprise Value (EV)
The enterprise value exhibited a pattern consistent with total equity and total equity and debt. EV rose steadily from about $37.7 billion in 2018 to nearly $54.0 billion in 2021, reflecting robust market valuation and possibly positive market sentiment towards the company’s operations. In 2022, EV decreased to approximately $51.4 billion, signaling a contraction in enterprise valuation that aligns with the declines observed in equity and total capital structure.
Summary of Trends
Overall, the data indicates sustained growth in the company's capitalization from 2018 through 2021, marked by increasing equity, debt, and enterprise value. The year 2022 showed a reversal of this growth trend, with all major financial metrics experiencing slight declines. This may point to changes in market conditions, operational performance, or strategic financing decisions during the most recent period.