Rocket Companies Stock Return On Equity

RKT Stock

USD 14.06 0.51 3.50%

Rocket Companies fundamentals help investors to digest information that contributes to Rocket Companies' financial success or failures. It also enables traders to predict the movement of Rocket Stock. The fundamental analysis module provides a way to measure Rocket Companies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rocket Companies stock.

		Last Reported	Projected for Next Year
	Return On Equity	(0.02)	(0.02)

Return On Equity is likely to gain to -0.02 in 2024.

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Rocket Companies Company Return On Equity Analysis

Rocket Companies' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Rocket Companies Return On Equity

-0.0291

Most of Rocket Companies' fundamental indicators, such as Return On Equity, 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 Return On Equity 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 Return On Equity. 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.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Cash And Equivalents	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Investments
Total Assets		-0.78	-0.27	-0.86	0.9	0.97	0.63	0.06	0.51	0.78	0.63	0.95	0.62	0.56	-0.82	-0.79	0.82	0.31	0.36	-0.79	0.89	0.51
Total Stockholder Equity	-0.78		0.38	0.75	-0.7	-0.74	-0.65	-0.12	-0.8	-0.45	-0.73	-0.6	-0.14	-0.63	0.75	0.99	-0.39	-0.55	-0.77	0.99	-0.59	-0.5
Net Tangible Assets	-0.27	0.38		0.04	-0.33	-0.12	0.35	0.57	0.2	-0.64	0.32	-0.3	-0.22	-0.72	0.05	0.33	-0.05	-0.2	0.1	0.33	0.19	0.42
Current Deferred Revenue	-0.86	0.75	0.04		-0.65	-0.83	-0.59	-0.16	-0.7	-0.48	-0.65	-0.74	-0.36	-0.54	1.0	0.77	-0.51	-0.47	-0.63	0.77	-0.82	-0.46
Net Debt	0.9	-0.7	-0.33	-0.65		0.85	0.61	-0.08	0.39	0.79	0.56	0.94	0.78	0.52	-0.6	-0.66	0.78	-0.06	0.21	-0.66	0.74	0.61
Accounts Payable	0.97	-0.74	-0.12	-0.83	0.85		0.7	0.3	0.54	0.7	0.72	0.91	0.57	0.34	-0.78	-0.76	0.86	0.34	0.37	-0.76	0.94	0.56
Long Term Debt	0.63	-0.65	0.35	-0.59	0.61	0.7		0.41	0.81	0.08	0.96	0.5	0.18	0.06	-0.57	-0.67	0.58	0.13	0.63	-0.67	0.79	0.95
Net Receivables	0.06	-0.12	0.57	-0.16	-0.08	0.3	0.41		0.41	-0.25	0.56	-0.04	-0.25	-0.64	-0.13	-0.16	0.15	0.39	0.32	-0.16	0.37	0.32
Good Will	0.51	-0.8	0.2	-0.7	0.39	0.54	0.81	0.41		-0.08	0.9	0.27	-0.17	0.26	-0.72	-0.82	0.15	0.5	0.96	-0.82	0.57	0.7
Short Term Investments	0.78	-0.45	-0.64	-0.48	0.79	0.7	0.08	-0.25	-0.08		0.06	0.88	0.8	0.57	-0.43	-0.42	0.72	0.06	-0.18	-0.42	0.51	0.01
Long Term Debt Total	0.63	-0.73	0.32	-0.65	0.56	0.72	0.96	0.56	0.9	0.06		0.46	0.07	0.05	-0.63	-0.75	0.48	0.33	0.75	-0.75	0.77	0.87
Total Liab	0.95	-0.6	-0.3	-0.74	0.94	0.91	0.5	-0.04	0.27	0.88	0.46		0.84	0.5	-0.68	-0.59	0.86	0.05	0.1	-0.59	0.82	0.44
Net Invested Capital	0.62	-0.14	-0.22	-0.36	0.78	0.57	0.18	-0.25	-0.17	0.8	0.07	0.84		0.28	-0.29	-0.09	0.72	-0.46	-0.36	-0.09	0.52	0.28
Short Long Term Debt	0.56	-0.63	-0.72	-0.54	0.52	0.34	0.06	-0.64	0.26	0.57	0.05	0.5	0.28		-0.58	-0.61	0.14	0.25	0.33	-0.61	0.17	-0.02
Total Current Assets	-0.82	0.75	0.05	1.0	-0.6	-0.78	-0.57	-0.13	-0.72	-0.43	-0.63	-0.68	-0.29	-0.58		0.78	-0.44	-0.5	-0.67	0.78	-0.78	-0.43
Capital Stock	-0.79	0.99	0.33	0.77	-0.66	-0.76	-0.67	-0.16	-0.82	-0.42	-0.75	-0.59	-0.09	-0.61	0.78		-0.41	-0.62	-0.78	1.0	-0.63	-0.49
Cash And Equivalents	0.82	-0.39	-0.05	-0.51	0.78	0.86	0.58	0.15	0.15	0.72	0.48	0.86	0.72	0.14	-0.44	-0.41		0.0	-0.08	-0.41	0.85	0.5
Short Term Debt	0.31	-0.55	-0.2	-0.47	-0.06	0.34	0.13	0.39	0.5	0.06	0.33	0.05	-0.46	0.25	-0.5	-0.62	0.0		0.61	-0.62	0.24	-0.16
Intangible Assets	0.36	-0.77	0.1	-0.63	0.21	0.37	0.63	0.32	0.96	-0.18	0.75	0.1	-0.36	0.33	-0.67	-0.78	-0.08	0.61		-0.78	0.36	0.51
Common Stock	-0.79	0.99	0.33	0.77	-0.66	-0.76	-0.67	-0.16	-0.82	-0.42	-0.75	-0.59	-0.09	-0.61	0.78	1.0	-0.41	-0.62	-0.78		-0.63	-0.49
Property Plant Equipment	0.89	-0.59	0.19	-0.82	0.74	0.94	0.79	0.37	0.57	0.51	0.77	0.82	0.52	0.17	-0.78	-0.63	0.85	0.24	0.36	-0.63		0.68
Long Term Investments	0.51	-0.5	0.42	-0.46	0.61	0.56	0.95	0.32	0.7	0.01	0.87	0.44	0.28	-0.02	-0.43	-0.49	0.5	-0.16	0.51	-0.49	0.68

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Rocket Companies

Return On Equity Over Time

Rocket Total Stockholder Equity

Total Stockholder Equity

1.15 Billion

At this time, Rocket Companies' Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Rocket Companies has a Return On Equity of -0.0291. This is 102.01% lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 90.61% lower than that of the firm.

Rocket Return On Equity 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 Return On Equity 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 return on equity 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	23.54 B
	Shares Outstanding	138.4 M
	Shares Owned By Insiders	6.75 %
	Shares Owned By Institutions	74.74 %
	Number Of Shares Shorted	19.19 M
	Price To Earning	4.55 X
	Price To Book	3.07 X
	Price To Sales	6.73 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	28.95 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.

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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.

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