Roper Technologies Inc logo

Roper Technologies Inc

MEX:EG (USA)  
MXN 9022.92 (0%) Apr 26
41.92
P/B:
3.31
Market Cap:
MXN 970.11B ($ 56.53B)
Enterprise V:
MXN 1.08T ($ 62.71B)
Volume:
-
Avg Vol (2M):
165.00
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Business Description

Description
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.