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 40,449 - -
Change - -67.66% 50.6% 373.87% 192.65% 8.55% - -
Enterprise Value (EV) 1 4,925 1,679 2,563 12,730 36,688 39,543 39,579 39,489
Change - -65.91% 52.65% 396.74% 188.2% 7.78% 0.09% -0.23%
P/E -21.9x -13x -14.6x -67x -189x -275x -2,480x 338x
PBR 7.91x 2.66x 4.88x 33x 21.5x 20.2x 20x 19.6x
PEG - 0.3x -0.5x - 71.82x 8.2x 27.9x -0x
Capitalization / Revenue 88.6x 8.46x 11x 29.2x 61.9x 44x 31.6x 24x
EV / Revenue 79.1x 7.96x 10.5x 29.2x 61x 43x 30.9x 23.4x
EV / EBITDA -112x -43.6x -28.2x -131x -363x -879x 331x 135x
EV / EBIT -93.3x -29.9x -23.7x -108x -288x -426x 3,316x 162x
EV / FCF -50.5x -11.3x -16.7x -110x -114x -227x 895x 161x
FCF Yield -1.98% -8.87% -5.99% -0.91% -0.88% -0.44% 0.11% 0.62%
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 67.62 67.62 67.62
Nbr of stocks (in thousands) 449,205 473,257 485,887 499,911 534,156 598,180 - -
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.($)
41.04x7.47x31.08x0.53% 362B
33.72x3.06x18.17x1.48% 261B
36.04x4.85x22.04x0.9% 151B
17.02x1.66x11.71x2.76% 117B
22.08x1.86x15.2x1.73% 99.53B
18.64x1.88x13.3x1.86% 74.08B
23.96x1.76x12.53x2.1% 71.65B
24.29x2.58x14.33x1.76% 52.54B
Average 27.10x 3.14x 17.30x 1.64% 148.62B
Weighted average by Cap. 31.68x 4.22x 20.89x 1.34%

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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