Financials Rocket Companies, Inc.

Equities

RKT

US77311W1018

Financial Technology (Fintech)

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
12.35 USD +1.23% Intraday chart for Rocket Companies, Inc. +5.74% -14.71%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,333 1,892 852.4 1,932 1,714 - -
Enterprise Value (EV) 1 2,333 1,892 852.4 1,932 1,714 1,714 1,714
P/E ratio 11.5 x 6.03 x 25 x -96.5 x 58.3 x 24.7 x 15.7 x
Yield - - - - - - -
Capitalization / Revenue 0.14 x 0.15 x 0.18 x 0.51 x 0.35 x 0.28 x 0.22 x
EV / Revenue 0.14 x 0.15 x 0.18 x 0.51 x 0.35 x 0.28 x 0.22 x
EV / EBITDA 0.21 x 0.31 x 14.4 x 28.8 x 1.45 x 1 x -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 4.76 x 2.79 x 1.46 x - 2.83 x 2.58 x 1.99 x
Nbr of stocks (in thousands) 115,373 135,133 121,779 133,397 138,812 - -
Reference price 2 20.22 14.00 7.000 14.48 12.35 12.35 12.35
Announcement Date 2/25/21 2/24/22 2/28/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,938 12,427 4,628 3,770 4,922 6,148 7,876
EBITDA 1 11,132 6,182 59 67 1,186 1,721 -
EBIT 1 11,058 6,107 895.5 -139.2 866 1,236 1,919
Operating Margin 65.29% 49.14% 19.35% -3.69% 17.59% 20.11% 24.37%
Earnings before Tax (EBT) 1 9,532 6,185 741.9 -402.9 765.7 1,368 1,708
Net income 1 198 308.2 46.42 -15.51 33.68 58.96 -
Net margin 1.17% 2.48% 1% -0.41% 0.68% 0.96% -
EPS 2 1.760 2.320 0.2800 -0.1500 0.2119 0.4996 0.7866
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - - - - -
Announcement Date 2/25/21 2/24/22 2/28/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,162 2,435 1,931 1,125 888 683 882 1,002 1,002 885 1,024 1,222 1,358 1,360 1,287
EBITDA 1 1,568 883 450 -27 -160 -204 -79 18 73 55 70.33 254.3 402 423.5 315
EBIT 1 1,548 864 429 -52 - -467.1 - - - - 6.619 178.3 290 339.2 -
Operating Margin 48.96% 35.48% 22.22% -4.62% - -68.39% - - - - 0.65% 14.6% 21.35% 24.94% -
Earnings before Tax (EBT) 1 1,426 855.3 1,062 78.52 106.4 -505.4 -416 138.4 117.6 -242.9 -0.4167 160.3 218.4 300.6 215.5
Net income 1 75.34 48.05 53.71 3.415 6.91 -17.62 -18.52 7.438 6.206 -10.64 -1.008 8.143 12.26 14.28 16
Net margin 2.38% 1.97% 2.78% 0.3% 0.78% -2.58% -2.1% 0.74% 0.62% -1.2% -0.1% 0.67% 0.9% 1.05% 1.24%
EPS 2 0.5400 0.3200 0.4000 0.0200 0.0400 -0.1400 -0.1500 0.0500 0.0400 -0.0900 0.009140 0.0593 0.0853 0.0902 0.0995
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/24/22 5/10/22 8/4/22 11/3/22 2/28/23 5/4/23 8/3/23 11/2/23 2/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 409% 68.8% -1.5% -1.7% 4.98% 11.4% -
ROA (Net income/ Total Assets) - 12.8% -0.52% -0.73% 1.97% 3.65% 3.8%
Assets 1 - 2,407 -8,956 2,133 1,707 1,616 -
Book Value Per Share 2 4.250 5.020 4.780 - 4.370 4.790 6.220
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/25/21 2/24/22 2/28/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
12.35 USD
Average target price
11.45 USD
Spread / Average Target
-7.32%
Consensus
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