Roper is a serial acquirer of businesses that fit a very specific set of characteristics. While most serial acquirers try to stick to one or two industries, Roper rather acquires businesses across industries that meet three criteria. First, the business has to meet Roper’s CRI (Cash Return on Investment) threshold, which is a measurement of cash flow return.
While I haven't done a write-up on CSU (yet), the differences that you may consider are: (1) valuation and (2) perception about the underlying businesses (size differences, organic revenue growth, software mix). But your point is valid. CSU has done much better across many different time horizons.
Great article YoungHamilton. You should jump on The Closingbell Show to discuss! We have 60,000+ in our community who'd love to learn from you. We recently had on Alex Morris, Ayesha Tariq and Tyler Okland :)
Always liked Roper. But I never invested. Too much thumb sucking I guess. Thanks for the writeup!
Good one, thank you!
Nice article. Why would i want to buy Roper when I can get a superior? operator and business model in CSU?
While I haven't done a write-up on CSU (yet), the differences that you may consider are: (1) valuation and (2) perception about the underlying businesses (size differences, organic revenue growth, software mix). But your point is valid. CSU has done much better across many different time horizons.
Hey! Just wanted to mention I link to this piece here:
https://www.libertyrpf.com/i/63137801/roper-101-
Cheers 💚 🥃
Thanks Liberty!
Good overview, thanks!
Great article YoungHamilton. You should jump on The Closingbell Show to discuss! We have 60,000+ in our community who'd love to learn from you. We recently had on Alex Morris, Ayesha Tariq and Tyler Okland :)
This is a fantastic write-up on a fascinating companies. Thanks for your work!