Intrinsic Valuation of: RKLB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) -0 Market Cap $72B
2021 - - (-) P/E Ratio - Total Asset $2B
2022 $-149M - (-) Net Income $-198M Total Debt $154M
2023 $-154M -3.1% (11.1%) EBITDA $-155M Total Liab $603M
2024 $-116M 24.5% (57.7%) Opr Margin -38.03 Debt/Equity 0.09
2025 $-322M -177.5% (-101.1%) PreTax Margin -42.43 BV/Share 2
5Y Average FCF $-185M 2.5% (-10.8%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 14.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (2.5%)
2026 $0 MBG Intrinsic Value $-3
2027 $0
2028 $0
2029 $0
2030 $0
2031 $0
Terminal Value $0 Net Worth/Share $3
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $0 Growth Rate
(+) Cash & Cash Equivalents $829M $1 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $154M WACC 12.0% 1 1 1 1 1
Equity Value $675M 12.5% 1 1 1 1 1
Shares Outstanding 578,750,990 13.0% 1 1 1 1 1
13.5% 1 1 1 1 1
DCF Intrinsic Value $1 14.0% 1 1 1 1 1
Analyzed by QuantJuice (2025)