Roper Technologies: Investment Thesis
Indicative future rates of return from an investment in Roper Technologies (ROP) shares at the current share price level are in the region of 4% to 5% per year. Roper Technologies has a high P/E ratio compared to industry median and analysts' consensus estimates are for declining EPS growth rates. This is likely a recipe for P/E multiple contraction. Despite superlative returns for shareholders over the last 4 to 5 years, it is considered currently the potential future returns are inadequate for the degree of risk involved.