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 48,477 - -
Change - -67.66% 50.6% 373.87% 192.65% 30.09% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 47,551 47,587 47,497
Change - -65.91% 52.65% 396.74% 188.2% 29.61% 0.08% -0.19%
P/E -21.9x -13x -14.6x -67x -189x -318x -1,885x 409x
PBR 7.91x 2.66x 4.88x 33x 21.5x 24.3x 24x 23.5x
PEG - 0.3x -0.5x - 71.82x 10.2x 22.7x -1x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 52.8x 37.9x 28.7x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 51.8x 37.2x 28.1x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -1,116x 397x 166x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -511x 4,673x 195x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -274x 1,076x 193x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.37% 0.09% 0.52%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.56 -0.29 -0.38 -0.38 -0.37 -0.255 -0.043 0.1983
Distribution rate - - - - - - - -
Net sales 1 62.24 211 244.6 436.2 601.8 917.6 1,279 1,691
EBITDA 1 -43.89 -38.52 -90.86 -96.94 -101.2 -42.61 120 286.8
EBIT 1 -52.78 -56.18 -108.1 -118.4 -127.4 -92.97 10.18 244
Net income 1 -117.8 -135.9 -182.6 -190.2 -198.2 -158.6 -30.67 110.7
Net Debt 1 -590.8 -105.3 -124.2 -2.534 -574.7 -925.9 -889.7 -979.6
Reference price 2 12.28 3.77 5.53 25.47 69.76 81.04 81.04 81.04
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
43.37x7.87x32.7x0.48% 375B
34.15x3.09x18.38x1.46% 264B
37.96x5.11x23.25x0.86% 159B
17.5x1.71x12x2.69% 121B
22.49x1.89x15.47x1.7% 101B
19.29x1.94x13.72x1.8% 76.65B
23.59x1.74x12.37x2.13% 70.47B
24.99x2.65x14.7x1.7% 54.17B
Average 27.92x 3.25x 17.82x 1.6% 152.61B
Weighted average by Cap. 32.92x 4.42x 21.73x 1.29%

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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