Company Valuation: Rocket Lab Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,516 1,784 2,687 12,733 37,263 38,852 - -
Change - -67.66% 50.6% 373.87% 192.65% 4.26% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 37,945 37,982 37,892
Change - -65.91% 52.65% 396.74% 188.2% 3.43% 0.1% -0.24%
P/E -21.9x -13x -14.6x -67x -189x -256x -1,528x 350x
PBR 7.91x 2.66x 4.88x 33x 21.5x 19.4x 19.3x 18.9x
PEG - 0.3x -0.5x - 71.82x 8.1x 18.4x -1x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 42.1x 30.2x 22.8x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 41.1x 29.5x 22.3x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -843x 318x 129x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -409x 4,254x 125x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -218x 859x 154x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.46% 0.12% 0.65%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.56 -0.29 -0.38 -0.38 -0.37 -0.2533 -0.0425 0.1857
Distribution rate - - - - - - - -
Net sales 1 62.24 211 244.6 436.2 601.8 923.8 1,286 1,703
EBITDA 1 -43.89 -38.52 -90.86 -96.94 -101.2 -45 119.5 293.2
EBIT 1 -52.78 -56.18 -108.1 -118.4 -127.4 -92.78 8.929 303
Net income 1 -117.8 -135.9 -182.6 -190.2 -198.2 -160 -33.83 103.6
Net Debt 1 -590.8 -105.3 -124.2 -2.534 -574.7 -906.4 -870.2 -960.1
Reference price 2 12.28 3.77 5.53 25.47 69.76 64.95 64.95 64.95
Nbr of stocks (in thousands) 449,205 473,257 485,887 499,911 534,156 598,180 - -
Announcement Date 2/28/22 2/28/23 2/27/24 2/27/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
42.33x7.6x31.58x0.5% 374B
36.02x3.3x19.49x1.32% 290B
36.83x5.15x22.43x0.93% 164B
19.16x1.84x13.21x2.4% 134B
22.65x1.91x15.66x1.65% 104B
26.97x1.93x13.52x1.85% 79.82B
32.55x3.61x15.81x1.32% 61.04B
22.94x2.53x13.93x1.8% 51.59B
Average 29.93x 3.48x 18.20x 1.47% 157.27B
Weighted average by Cap. 33.82x 4.44x 21.69x 1.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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