Roper Technologies, Inc. (ROP)

Industry: Industrial - Machinery Model: Peers Multiples Valuation

Valuation Snapshot

Ticker	Rank	Name	Rev TTM (M)	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
NDX1.DE	31	Nordex SE	8,464	47.67	47.67	9.61	7.58	11.48	4.09
SMIN.L	32	Smiths Group plc	8,399	13.13	13.12	6.44	6.03	7.75	8.31
ROK	33	Rockwell Automatio	8,344	45.45	46.97	30.59	30.66	23.29	26.04
WRT1V.HE	34	Wärtsilä Oyj Abp	8,045	21.04	16.14	11.30	9.76	14.39	11.29
HWM	35	Howmet Aerospace I	7,975	54.54	36.36	36.45	29.29	37.64	32.66
600482.SS	36	China Shipbuilding	7,955	26.99	23.21	3.74	3.02	8.44	3.25
DOV	37	Dover Corporation	7,923	10.19	7.99	13.46	12.41	16.18	17.21
ROP	38	Roper Technologies	7,721	34.14	34.12	18.57	17.73	27.37	26.51
WEGE3.SA	39	WEG S.A.	7,495	23.68	18.90	15.18	12.23	18.82	15.02
IR	40	Ingersoll Rand Inc	7,458	60.70	60.70	22.04	16.06	24.43	32.39
AME	41	AMETEK, Inc.	7,164	29.53	26.61	21.18	19.47	23.39	21.62
KSB3.DE	42	KSB SE & Co. KGaA	6,885	5.78	4.66	1.60	1.06	1.03	1.54
WEIR.L	43	The Weir Group PLC	6,736	12.26	11.12	8.10	8.06	10.13	8.68
6302.T	44	Sumitomo Heavy Ind	6,716	-	-	5.92	5.29	11.41	11.33
0NX1.IL	45	Aalberts N.V.	6,498	8.54	8.06	4.47	4.13	12.14	6.27
PSN	46	Parsons Corporatio	6,495	19.85	14.85	11.96	9.94	20.24	17.54

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	20.45	15.50	9.61	8.06	12.14	11.29
Full Range Median Multiple	22.36	17.52	11.30	9.76	14.39	11.33
Industry Multiple	27.10	24.03	13.47	11.67	16.05	14.48
Market Implied Multiple	28.49	28.47	15.95	15.22	23.50	22.76
Company (ROP) Multiple	34.14	34.12	18.57	17.73	27.37	26.51
(*) Net Income / EBITDA / Revenue	1,570	1,571	3,378	3,540	2,292	2,367
Winsorized Enterprise Value	N/A	N/A	32,471	28,528	27,815	26,730
Full Range Median Enterprise Value	N/A	N/A	38,157	34,539	32,988	26,822
(-) Net Debt	9,134	9,134	9,134	9,134	9,134	9,134
Winsorized Equity Value	32,103	24,346	23,337	19,394	18,681	17,596
Full Range Median Equity Value	35,110	27,528	29,023	25,405	23,854	17,687
(/) Shares Outstanding	108	108	108	108	108	108
Winsorized Fair Value	$298.64	$226.48	$217.09	$180.41	$173.78	$163.68
Full Range Median Fair Value	$326.61	$256.07	$269.98	$236.32	$221.90	$164.53
Current Price	$416.14	$416.14	$416.14	$416.14	$416.14	$416.14
Upside / Downside	-28.24%	-45.58%	-47.83%	-56.65%	-58.24%	-60.67%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$209.04	$158.54	$151.96	$126.28	$121.64	$114.58
Buy / Don't Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy