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 41,346 - -
Change - -67.66% 50.6% 373.87% 192.65% 10.96% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 40,440 40,476 40,386
Change - -65.91% 52.65% 396.74% 188.2% 10.23% 0.09% -0.22%
P/E -21.9x -13x -14.6x -67x -189x -282x -2,535x 346x
PBR 7.91x 2.66x 4.88x 33x 21.5x 20.7x 20.5x 20.1x
PEG - 0.3x -0.5x - 71.82x 8.4x 28.5x -0x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 45x 32.3x 24.5x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 44x 31.6x 23.9x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -899x 339x 138x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -436x 3,391x 166x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -233x 916x 164x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.43% 0.11% 0.61%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.56 -0.29 -0.38 -0.38 -0.37 -0.2454 -0.0273 0.2
Distribution rate - - - - - - - -
Net sales 1 62.24 211 244.6 436.2 601.8 919 1,281 1,687
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 11.94 244
Net income 1 -117.8 -135.9 -182.6 -190.2 -198.2 -154.7 -24.02 111.4
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 69.12 69.12 69.12
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.($)
40.14x7.23x30.05x0.54% 353B
33.75x3.06x18.18x1.48% 261B
36.23x4.87x22.16x0.9% 151B
16.97x1.66x11.68x2.77% 117B
22.02x1.85x15.16x1.74% 99.3B
17.83x1.85x13.22x1.9% 72.78B
24.33x1.79x12.71x2.07% 72.33B
28.42x3.13x13.76x1.51% 52.86B
Average 27.46x 3.18x 17.11x 1.61% 147.47B
Weighted average by Cap. 31.53x 4.15x 20.51x 1.33%

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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