Rocket Companies Stock Current Valuation
| RKT Stock | USD 13.79 0.00 0.00% |
Valuation analysis of Rocket Companies helps investors to measure Rocket Companies' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Rocket Companies' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 144.76 in 2024, whereas Enterprise Value is likely to drop slightly above 8.8 B in 2024. Fundamental drivers impacting Rocket Companies' valuation include:
Price Book 3.058 | Enterprise Value 23.5 B | Price Sales 6.2832 | Forward PE 24.1546 | Trailing PE 7.5527 |
Overvalued
Today
Please note that Rocket Companies' price fluctuation is not too volatile at this time. Calculation of the real value of Rocket Companies is based on 3 months time horizon. Increasing Rocket Companies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Rocket Companies' intrinsic value may or may not be the same as its current market price of 13.79, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.79 | Real 11.16 | Target 9.44 | Hype 13.54 | Naive 12.83 |
The intrinsic value of Rocket Companies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Rocket Companies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Rocket Companies helps investors to forecast how Rocket stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Rocket Companies more accurately as focusing exclusively on Rocket Companies' fundamentals will not take into account other important factors: Rocket Companies Company Current Valuation Analysis
Rocket Companies' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Rocket Companies Current Valuation | 23.53 B |
Most of Rocket Companies' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rocket Companies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rocket Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Rocket Companies is extremely important. It helps to project a fair market value of Rocket Stock properly, considering its historical fundamentals such as Current Valuation. Since Rocket Companies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rocket Companies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rocket Companies' interrelated accounts and indicators.
Click cells to compare fundamentals
Rocket Current Valuation Historical Pattern
Today, most investors in Rocket Companies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rocket Companies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Rocket Companies current valuation as a starting point in their analysis.
Rocket Companies Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Rocket Companies has a Current Valuation of 23.53 B. This is 28.3% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 41.55% lower than that of the firm.
Rocket Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rocket Companies' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rocket Companies could also be used in its relative valuation, which is a method of valuing Rocket Companies by comparing valuation metrics of similar companies.Rocket Companies is currently under evaluation in current valuation category among its peers.
Rocket Companies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rocket Companies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rocket Companies' managers, analysts, and investors.Environmental | Governance | Social |
Rocket Fundamentals
| Return On Equity | -0.0291 | |||
| Return On Asset | 0.005 | |||
| Profit Margin | (0) % | |||
| Operating Margin | (0.48) % | |||
| Current Valuation | 23.53 B | |||
| Shares Outstanding | 138.4 M | |||
| Shares Owned By Insiders | 6.75 % | |||
| Shares Owned By Institutions | 74.70 % | |||
| Number Of Shares Shorted | 19.19 M | |||
| Price To Earning | 4.55 X | |||
| Price To Book | 3.06 X | |||
| Price To Sales | 6.28 X | |||
| Revenue | 3.61 B | |||
| Gross Profit | 6 B | |||
| EBITDA | 67.35 M | |||
| Net Income | (15.51 M) | |||
| Cash And Equivalents | 722.29 M | |||
| Cash Per Share | 6.85 X | |||
| Total Debt | 9.56 B | |||
| Debt To Equity | 1.31 % | |||
| Current Ratio | 4.03 X | |||
| Book Value Per Share | 4.50 X | |||
| Cash Flow From Operations | 110.33 M | |||
| Short Ratio | 6.29 X | |||
| Earnings Per Share | 1.80 X | |||
| Price To Earnings To Growth | 1.40 X | |||
| Target Price | 15.61 | |||
| Number Of Employees | 14.7 K | |||
| Beta | 2.44 | |||
| Market Capitalization | 27.05 B | |||
| Total Asset | 19.23 B | |||
| Retained Earnings | 284.3 M | |||
| Working Capital | 1.07 B | |||
| Current Asset | 2.43 B | |||
| Current Liabilities | 1.36 B | |||
| Net Asset | 19.23 B |
About Rocket Companies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rocket Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocket Companies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocket Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Rocket Stock Analysis
When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.