ROCKET COS INC-CLASS A (RKT)
US77311W1018 - Common Stock
Overall RKT gets a fundamental rating of 3 out of 10. We evaluated RKT against 99 industry peers in the Financial Services industry. RKT may be in some trouble as it scores bad on both profitability and health. RKT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RKT was profitable.
In the past year RKT has reported a negative cash flow from operations.
In multiple years RKT reported negative net income over the last 5 years.
In multiple years RKT reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.06%, RKT is doing worse than 72.73% of the companies in the same industry.
The Return On Equity of RKT (-2.32%) is worse than 74.75% of its industry peers.
RKT's Return On Invested Capital of 1.22% is in line compared to the rest of the industry. RKT outperforms 41.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RKT is in line with the industry average of 7.84%.
The 3 year average ROIC (7.85%) for RKT is well above the current ROIC(1.22%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.06% | ||
| ROE | -2.32% | ||
| ROIC | 1.22% |
ROA(3y)0.36%
ROA(5y)0.32%
ROE(3y)17.25%
ROE(5y)18.41%
ROIC(3y)7.85%
ROIC(5y)10.48%
1.3 Margins
RKT's Operating Margin of 8.79% is in line compared to the rest of the industry. RKT outperforms 40.40% of its industry peers.
In the last couple of years the Operating Margin of RKT has declined.
The Profit Margin and Gross Margin are not available for RKT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.79% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-66.7%
OM growth 5Y-36.85%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
RKT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for RKT has been increased compared to 1 year ago.
RKT has about the same amout of shares outstanding than it did 5 years ago.
RKT has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.30, we must say that RKT is in the distress zone and has some risk of bankruptcy.
RKT has a Altman-Z score (0.30) which is in line with its industry peers.
RKT has a Debt/Equity ratio of 22.93. This is a high value indicating a heavy dependency on external financing.
RKT has a Debt to Equity ratio of 22.93. This is amonst the worse of the industry: RKT underperforms 93.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.3 |
ROIC/WACC0.16
WACC7.56%
2.3 Liquidity
RKT has a Current Ratio of 0.11. This is a bad value and indicates that RKT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of RKT (0.11) is worse than 77.78% of its industry peers.
RKT has a Quick Ratio of 0.11. This is a bad value and indicates that RKT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of RKT (0.11) is worse than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 200.00% over the past year.
Looking at the last year, RKT shows a quite strong growth in Revenue. The Revenue has grown by 15.63% in the last year.
RKT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.45% yearly.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)15.63%
Revenue growth 3Y-36.95%
Revenue growth 5Y-1.45%
Sales Q2Q%-46.23%
3.2 Future
The Earnings Per Share is expected to grow by 121.26% on average over the next years. This is a very strong growth
Based on estimates for the next years, RKT will show a very strong growth in Revenue. The Revenue will grow by 23.67% on average per year.
EPS Next Y371.44%
EPS Next 2Y209.14%
EPS Next 3Y129.22%
EPS Next 5Y121.26%
Revenue Next Year19.39%
Revenue Next 2Y26.88%
Revenue Next 3Y22.49%
Revenue Next 5Y23.67%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 61.72, RKT can be considered very expensive at the moment.
75.76% of the companies in the same industry are cheaper than RKT, based on the Price/Earnings ratio.
RKT is valuated expensively when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.38, which indicates a rather expensive current valuation of RKT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RKT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of RKT to the average of the S&P500 Index (23.99), we can say RKT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61.72 | ||
| Fwd PE | 18.38 |
4.2 Price Multiples
RKT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. RKT is more expensive than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 50.9 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RKT's earnings are expected to grow with 129.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y209.14%
EPS Next 3Y129.22%
5. Dividend
5.1 Amount
No dividends for RKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ROCKET COS INC-CLASS A
NYSE:RKT (12/24/2024, 7:35:16 PM)
Premarket: 11.11 0 (0%)11.11
-0.24 (-2.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners72.5%
Inst Owner Change6.15%
Ins Owners3.61%
Ins Owner Change0.45%
Market Cap22.16B
Analysts51.43
Price Target15.89 (43.02%)
Short Float %11.36%
Short Ratio4.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.37%
Min EPS beat(2)-1.93%
Max EPS beat(2)20.67%
EPS beat(4)3
Avg EPS beat(4)165.68%
Min EPS beat(4)-1.93%
Max EPS beat(4)543.97%
EPS beat(8)7
Avg EPS beat(8)106.99%
EPS beat(12)7
Avg EPS beat(12)32.74%
EPS beat(16)9
Avg EPS beat(16)27.12%
Revenue beat(2)1
Avg Revenue beat(2)-22.23%
Min Revenue beat(2)-50.12%
Max Revenue beat(2)5.66%
Revenue beat(4)2
Avg Revenue beat(4)-3.85%
Min Revenue beat(4)-50.12%
Max Revenue beat(4)39.74%
Revenue beat(8)4
Avg Revenue beat(8)-1.19%
Revenue beat(12)6
Avg Revenue beat(12)2.47%
Revenue beat(16)9
Avg Revenue beat(16)3.83%
PT rev (1m)0%
PT rev (3m)9.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-67.94%
EPS NY rev (1m)-25.2%
EPS NY rev (3m)-24.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.23%
Revenue NY rev (1m)-14.56%
Revenue NY rev (3m)-11.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61.72 | ||
| Fwd PE | 18.38 | ||
| P/S | 5.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 33.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 50.9 |
EPS(TTM)0.18
EY1.62%
EPS(NY)0.6
Fwd EY5.44%
FCF(TTM)-1.57
FCFYN/A
OCF(TTM)-1.54
OCFYN/A
SpS2.17
BVpS0.33
TBVpS-3.71
PEG (NY)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.06% | ||
| ROE | -2.32% | ||
| ROCE | 2.78% | ||
| ROIC | 1.22% | ||
| ROICexc | 1.29% | ||
| ROICexgc | 2.18% | ||
| OM | 8.79% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.36%
ROA(5y)0.32%
ROE(3y)17.25%
ROE(5y)18.41%
ROIC(3y)7.85%
ROIC(5y)10.48%
ROICexc(3y)8.36%
ROICexc(5y)11.13%
ROICexgc(3y)12.04%
ROICexgc(5y)14.45%
ROCE(3y)19.1%
ROCE(5y)32.17%
ROICexcg growth 3Y-69.26%
ROICexcg growth 5Y-41.86%
ROICexc growth 3Y-73.58%
ROICexc growth 5Y-43.95%
OM growth 3Y-66.7%
OM growth 5Y-36.85%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.93 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 30.45 | ||
| Cap/Depr | 43.79% | ||
| Cap/Sales | 1.11% | ||
| Interest Coverage | 1.02 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z | 0.3 |
F-Score3
WACC7.56%
ROIC/WACC0.16
Cap/Depr(3y)103.66%
Cap/Depr(5y)103.91%
Cap/Sales(3y)1.32%
Cap/Sales(5y)1.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y371.44%
EPS Next 2Y209.14%
EPS Next 3Y129.22%
EPS Next 5Y121.26%
Revenue 1Y (TTM)15.63%
Revenue growth 3Y-36.95%
Revenue growth 5Y-1.45%
Sales Q2Q%-46.23%
Revenue Next Year19.39%
Revenue Next 2Y26.88%
Revenue Next 3Y22.49%
Revenue Next 5Y23.67%
EBIT growth 1Y282.52%
EBIT growth 3Y-79%
EBIT growth 5Y-37.77%
EBIT Next Year197.72%
EBIT Next 3Y65.87%
EBIT Next 5Y58.54%
FCF growth 1Y-122.48%
FCF growth 3YN/A
FCF growth 5Y-48.4%
OCF growth 1Y-121.97%
OCF growth 3YN/A
OCF growth 5Y-40.1%