Rocket Companies, Inc.

Rocket Companies, Inc.

RKTยทNYSE

$12.94

-7.8%
Financial ServicesFinancial - Mortgages

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

At a Glance

Live Snapshot
Market Cap$36.54B
EPS-0.0514
P/E Ratio-251.75
Earnings Date07/30/2026
Rocket Companies, Inc.

Rocket Companies, Inc. Fair Value Envelope

RKT ยท NYSE

Our analysis suggests that RKT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $12.94, this represents a potential HIDDEN relative to our calculated worth for Rocket Companies, Inc..

Intrinsic Value
Current Price: $12.94

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-$12.2B
+ Cash & Equivalents$2.7B
Firm Value-$9.5B
- Debt$0
Equity Value-$9.5B
/ Shares Outstanding2,824,014,184B
DCF Value-$3
OVERVALUED BY 126%

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
-$3.3B
-$2.7B
-$2.2B
-$1.9B
-$1.5B
-$1.3B
-$1.1B
-$884.9M
-$734.6M
-$609.7M
Maintenance CapEx
-$15.1M
-$12.5M
-$10.4M
-$8.6M
-$7.2M
-$6.0M
-$4.9M
-$4.1M
-$3.4M
-$2.8M
Owner Earnings
-$3.3B
-$2.7B
-$2.3B
-$1.9B
-$1.6B
-$1.3B
-$1.1B
-$889.0M
-$738.0M
-$612.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$3.0B
-$2.3B
-$1.8B
-$1.4B
-$1.1B
-$813.1M
-$625.0M
-$480.3M
-$369.2M
-$283.7M
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.