Good, Better, Roper - This Stock Is An Impressive Compounder

Summary

  • Roper Technologies has transformed from an industrial company to a technology company, focusing on software and tech-based products, and has seen its share price rise by over 25% in the past year.
  • The company has shown consistent growth in revenues, EBITDA, and free cash flow, and is a dividend aristocrat with a track record of 30 consecutive annual hikes despite a low yield of 0.6%.
  • Roper's recent strong earnings report and positive outlook, coupled with its transformation into an asset-light business with substantial recurring revenues, make it an attractive prospect for the long term.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT on Alpha. Learn More »

New York Stock Exchange, Wall st, New York, USA

Matteo Colombo

Introduction

It's more than a year ago since I covered Roper Technologies (NASDAQ:ROP). Back then, I covered the company's ability to generate tremendous shareholder value, despite yielding just 0.6% at the time - the current yield is still 0.6%.

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This article was written by

42.89K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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