Rocket Lab USA, Inc.

Rocket Lab USA, Inc.

RKLBยทNASDAQ

$114.70

-7.0%
IndustrialsAerospace & Defense

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron small orbital launch vehicles and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. The company was founded in 2006 and is headquartered in Long Beach, California.

At a Glance

Live Snapshot
Market Cap$66.40B
EPS-0.3700
P/E Ratio-186.77
Earnings Date08/06/2026
Rocket Lab USA, Inc.

Rocket Lab USA, Inc. Fair Value Envelope

RKLB ยท NASDAQ

Our analysis suggests that RKLB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $114.7, this represents a potential HIDDEN relative to our calculated worth for Rocket Lab USA, Inc..

Intrinsic Value
Current Price: $114.7

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$169.6M
+ Cash & Equivalents$828.7M
Firm Value$659.1M
- Debt$254.0M
Equity Value$405.1M
/ Shares Outstanding512,983,326B
DCF Value$1
OVERVALUED BY 99%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$82.8M
-$41.4M
-$20.7M
-$10.3M
-$5.2M
-$2.6M
-$1.3M
-$646.6K
-$323.3K
-$161.6K
Maintenance CapEx
-$15.6M
-$7.8M
-$3.9M
-$2.0M
-$976.8K
-$488.4K
-$244.2K
-$122.1K
-$61.0K
-$30.5K
Owner Earnings
-$98.4M
-$49.2M
-$24.6M
-$12.3M
-$6.1M
-$3.1M
-$1.5M
-$768.7K
-$384.3K
-$192.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$91.1M
-$42.2M
-$19.5M
-$9.0M
-$4.2M
-$1.9M
-$897.0K
-$415.3K
-$192.3K
-$89.0K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.