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 37,745 - -
Change - -67.66% 50.6% 373.87% 192.65% 1.29% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 35,818 36,236 36,183
Change - -65.91% 52.65% 396.74% 188.2% -2.37% 1.17% -0.15%
P/E -21.9x -13x -14.6x -67x -189x -231x -706x 445x
PBR 7.91x 2.66x 4.88x 33x 21.5x 11.4x 14.5x 15.5x
PEG - 0.3x -0.5x - 71.82x 8.8x 10.5x -2x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 39.4x 27.7x 21.3x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 37.4x 26.6x 20.4x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -696x 337x 133x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -380x 10,320x 156x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -162x -2,593x 1,045x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.62% -0.04% 0.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.56 -0.29 -0.38 -0.38 -0.37 -0.2725 -0.0893 0.1417
Distribution rate - - - - - - - -
Net sales 1 62.24 211 244.6 436.2 601.8 958.3 1,361 1,775
EBITDA 1 -43.89 -38.52 -90.86 -96.94 -101.2 -51.47 107.5 271.8
EBIT 1 -52.78 -56.18 -108.1 -118.4 -127.4 -94.35 3.511 232.3
Net income 1 -117.8 -135.9 -182.6 -190.2 -198.2 -169.8 -64.85 82.7
Net Debt 1 -590.8 -105.3 -124.2 -2.534 -574.7 -1,927 -1,509 -1,562
Reference price 2 12.28 3.77 5.53 25.47 69.76 63.07 63.07 63.07
Nbr of stocks (in thousands) 449,205 473,257 485,887 499,911 534,156 598,460 - -
Announcement Date 2/28/22 A 2/28/23 A 2/27/24 A 2/27/25 A 2/26/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-231.45x37.38x-695.92x-.--% 37.74B
38.13x6.88x28.65x0.55% 338B
32.77x3.05x18.11x1.45% 266B
33.86x4.97x20.95x1% 163B
17.22x1.67x12x2.67% 121B
20.76x1.76x14.4x1.79% 95.27B
24.41x1.76x12.36x2.09% 72.82B
17.77x1.86x13.24x1.88% 73.24B
29.59x3.25x14.29x1.39% 54.91B
Average -1.88x 6.95x -62.44x 1.42% 135.72B
Weighted average by Cap. 22.21x 5.05x -2.37x 1.31%

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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