Rocket Lab Corporation (RKLB)

Valuation as at 2026-08-29

About Rocket Lab Corporation

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. The company operates through launch services and space systems segments. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Rocket Lab Corporation RKLB

Industrials · Aerospace & Defense

Price
$64.39
Market Cap
$41.17B
Free Cash Flow
$-252.0M
Revenue (TTM)
$769.1M
Revenue Growth
62.0%
Gross Margin
37.3%
Net Debt
$-2.17B
52-Week Range
$37.57–$151.00
Cash runway at current burn rate: 110 months

What does the current price assume?

even at 200% growth (the upper search bound), the reinvestment this growth rate requires exceeds what the business could self-fund -- not a debt problem here (this company holds net cash), but a sign the assumed capital intensity or margin path may be unrealistic for this ticker

Rocket Lab Corporation's price & financial trends

Data as at 2026-08-29

Share price · last 2 years

$64.39 +927% vs 2024-08
S&P 500 $6.27$29.05$35.77$42.14$82.51$64.39 2024-082025-012025-062025-112026-042026-08

Revenue Per year

$601.8M +185% vs FY22
$211.0M$244.6M$436.2M$601.8MFY22FY23FY24FY25

Free cash flow Per quarter

$-77.4M +7% vs Q1 '25
$-82.9M$-55.3M$-69.4M$-114.2M$-77.4MQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26

Operating margin trajectory Per year

-38.0% +41% vs FY22
-64.1%-72.7%-43.5%-38.0%FY22FY23FY24FY25

Growth Score

Good Fit4 of 6 criteria passed
Rule of 40 (Growth % + FCF Margin % >= 40)29.2%
Revenue Growth > 20%62.0%
Gross Margin > 50%37.3%
Cash Runway > 24 Months110 mo
Operating Margin Trajectory Improving-64.1% -> -38.0%
Dilution (Diluted Shares Growth) <= 10%/yr7.0%

Value investing scale · Buffett · Dalio · Graham

Poor Fit
7 / 20 combined score

4 criteria had no data

See the full Buffett, Dalio & Graham breakdown for RKLB →

The two models, in detail

Each shown with what it says the company is worth today and what growth the current price already implies — not just a single point estimate.

Multi-Stage DCF

$0.42
-99.3% margin of safety
Deeply Overvalued
⚠ Note: at these assumptions, the model implies a long-run return on capital (18.0%) below the discount rate (18.9%) — a real constraint of the sector-default assumptions, not a data error.

EV / Sales

$6.19
-90.4% margin of safety
Deeply Overvalued
Implied EV/Sales at the current price: 47.28x (vs. today's reported 49.72x)

These numbers come from running Rocket Lab Corporation's revenue and margin trajectory through the Multi-Stage DCF and EV/Sales formulas above — not from any view on the news, management, or RKLB's competitive position. What is a multi-stage DCF?

Want to test your own growth, margin, or discount-rate assumptions?Open the full interactive calculator, pre-filled with RKLB →

Not financial advice. Multi-Stage DCF and EV/Sales valuations are highly sensitive to assumptions — small changes in growth rate, target margin, or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full Growth Stock Evaluator. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Rocket Lab Corporation (RKLB) undervalued?

The Multi-Stage DCF estimates intrinsic value at $0.42 vs a price of $64.39 on 2026-08-29. This is a mechanical output from a model with genuine assumptions built in (target margin, growth fade, reinvestment) — not advice.

What does "implied growth rate" mean?

It's the reverse question: instead of assuming a growth rate and computing a value, this holds every other assumption fixed and asks what initial revenue growth rate would make the model's value equal to today's actual price. It tells you what the market is already betting on, which you can then judge for plausibility yourself.