ROCKET LAB USA, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.11 USD | -3.52% |
|
+2.75% | -25.68% |
| May. 07 | Rocket Lab USA Q1 Loss Narrows, Revenue Rises | MT |
| May. 06 | Transcript : Rocket Lab USA, Inc., Q1 2024 Earnings Call, May 06, 2024 |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 404.4 | 5,516 | 1,784 | 2,687 | 2,025 | - | - |
| Enterprise Value (EV) 1 | 404.4 | 4,925 | 1,679 | 2,563 | 2,289 | 2,365 | 2,300 |
| P/E ratio | -1.53 x | -21.9 x | -13 x | -14.6 x | -10.3 x | -19 x | -1,930 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | - | 88.6 x | 8.46 x | 11 x | 4.64 x | 3.5 x | 2.29 x |
| EV / Revenue | - | 79.1 x | 7.96 x | 10.5 x | 5.24 x | 4.08 x | 2.6 x |
| EV / EBITDA | - | -112 x | -43.6 x | -28.2 x | -24.5 x | -94.7 x | 20.9 x |
| EV / FCF | - | -50.5 x | -11.3 x | -16.7 x | -15.6 x | -28.9 x | 14.3 x |
| FCF Yield | - | -1.98% | -8.87% | -5.99% | -6.41% | -3.47% | 7% |
| Price to Book | - | 7.91 x | 2.66 x | 4.88 x | 5.28 x | 6.48 x | 5.75 x |
| Nbr of stocks (in thousands) | 40,000 | 449,205 | 473,257 | 485,887 | 492,780 | - | - |
| Reference price 2 | 10.11 | 12.28 | 3.770 | 5.530 | 4.110 | 4.110 | 4.110 |
| Announcement Date | 5/10/21 | 2/28/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 62.24 | 211 | 244.6 | 436.8 | 579.3 | 883.7 |
| EBITDA 1 | - | -43.89 | -38.52 | -90.86 | -93.53 | -24.97 | 109.9 |
| EBIT 1 | - | -52.78 | -56.18 | -108.1 | -134 | -74.54 | 38.14 |
| Operating Margin | - | -84.81% | -26.63% | -44.19% | -30.69% | -12.87% | 4.32% |
| Earnings before Tax (EBT) 1 | - | -124.8 | -132.9 | -178.9 | -201 | -107.4 | 40.9 |
| Net income 1 | -55 | -117.8 | -135.9 | -182.6 | -201.1 | -104.9 | 32.3 |
| Net margin | - | -189.2% | -64.43% | -74.64% | -46.03% | -18.1% | 3.66% |
| EPS 2 | -6.610 | -0.5600 | -0.2900 | -0.3800 | -0.4003 | -0.2165 | -0.002130 |
| Free Cash Flow 1 | - | -97.49 | -149 | -153.6 | -146.7 | -81.97 | 161 |
| FCF margin | - | -156.64% | -70.59% | -62.79% | -33.59% | -14.15% | 18.22% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 146.49% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 498.45% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 5/10/21 | 2/28/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 27.48 | 40.7 | 55.47 | 63.06 | 51.76 | 54.9 | 62.04 | 67.66 | 59.99 | 92.77 | 107.9 | 110.8 | 123.7 | 121.2 | 128 |
| EBITDA 1 | -8.269 | -7.976 | -8.557 | -6.914 | -14.51 | -26.17 | -20.15 | -15.55 | -28.99 | -21.67 | -24.14 | -23.91 | -19.09 | -20.32 | -12.08 |
| EBIT 1 | -10.96 | -11.3 | -12.96 | -12.09 | -19.84 | -30.37 | -23.69 | -19.88 | -34.15 | -26.98 | -33.35 | -33.26 | -30.71 | -30.42 | -26.08 |
| Operating Margin | -39.89% | -27.75% | -23.36% | -19.18% | -38.32% | -55.32% | -38.18% | -29.38% | -56.93% | -29.08% | -30.92% | -30.02% | -24.83% | -25.11% | -20.37% |
| Earnings before Tax (EBT) 1 | -3.344 | -22.32 | -39.49 | -32.92 | -38.22 | -45.09 | -45.13 | -39.22 | -49.49 | -44.26 | -49.91 | -51.83 | -50.75 | -43.03 | -39.19 |
| Net income 1 | 2.767 | -26.71 | -37.42 | -34.61 | -37.21 | -45.62 | -45.89 | -40.57 | -50.5 | -44.26 | -51.52 | -51.74 | -52.34 | -43.29 | -39.42 |
| Net margin | 10.07% | -65.62% | -67.45% | -54.89% | -71.88% | -83.1% | -73.96% | -59.96% | -84.17% | -47.71% | -47.77% | -46.71% | -42.31% | -35.73% | -30.79% |
| EPS 2 | 0.3700 | -0.0600 | -0.0800 | -0.0700 | -0.0800 | -0.1000 | -0.1000 | -0.0800 | -0.1000 | -0.0900 | -0.1034 | -0.1017 | -0.1018 | -0.0850 | -0.0800 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/22 | 5/16/22 | 8/11/22 | 11/9/22 | 2/28/23 | 5/9/23 | 8/8/23 | 11/8/23 | 2/27/24 | 5/6/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 263 | 340 | 274 |
| Net Cash position 1 | - | 591 | 105 | 124 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -2.817 x | -13.61 x | 2.497 x |
| Free Cash Flow 1 | - | -97.5 | -149 | -154 | -147 | -82 | 161 |
| ROE (net income / shareholders' equity) | - | -44.3% | -19.8% | -29.7% | -26.6% | -18.6% | 21.5% |
| ROA (Net income/ Total Assets) | - | - | -13.8% | -18.9% | -17.5% | -10.7% | 0.17% |
| Assets 1 | - | - | 985 | 965.2 | 1,151 | 982.6 | 19,222 |
| Book Value Per Share 2 | - | 1.550 | 1.420 | 1.130 | 0.7800 | 0.6300 | 0.7100 |
| Cash Flow per Share 2 | - | -0.3400 | -0.2300 | -0.2100 | -0.1500 | -0.0200 | 0.2200 |
| Capex 1 | - | 25.7 | 42.4 | 54.7 | 80.9 | 58.6 | 57 |
| Capex / Sales | - | 41.29% | 20.1% | 22.37% | 18.52% | 10.12% | 6.45% |
| Announcement Date | 5/10/21 | 2/28/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
4.11
USD
Average target price
7.57
USD
Spread / Average Target
+84.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -25.68% | 2.03B | |
| +26.36% | 141B | |
| +14.16% | 81.2B | |
| +1.42% | 70.27B | |
| +25.53% | 52.53B | |
| +41.34% | 44.34B | |
| +4.26% | 41.65B | |
| +38.12% | 31.01B | |
| +86.69% | 25.05B | |
| +17.46% | 22.9B |
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- Financials Rocket Lab USA, Inc.
