Rocket Lab Usa Stock Piotroski F Score

RKLB Stock  USD 24.87  1.65  7.11%   
This module uses fundamental data of Rocket Lab to approximate its Piotroski F score. Rocket Lab F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Rocket Lab USA. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Rocket Lab financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Rocket Lab Altman Z Score, Rocket Lab Correlation, Rocket Lab Valuation, as well as analyze Rocket Lab Alpha and Beta and Rocket Lab Hype Analysis.
  
At present, Rocket Lab's Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Short and Long Term Debt is expected to grow to about 18.7 M, whereas Short and Long Term Debt Total is forecasted to decline to about 114.3 M. At present, Rocket Lab's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 5.04, whereas Days Sales Outstanding is forecasted to decline to 73.37.
At this time, it appears that Rocket Lab's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Rocket Lab Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Rocket Lab is to make sure Rocket is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Rocket Lab's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Rocket Lab's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.2599
Way Down
Slightly volatile
Total Current Liabilities123.9 M223.4 M
Way Down
Slightly volatile
Non Current Liabilities Total183.6 M163.3 M
Moderately Up
Slightly volatile
Total Assets724.7 M941.2 M
Significantly Down
Slightly volatile
Total Current Assets468.9 M476.7 M
Fairly Down
Slightly volatile

Rocket Lab USA F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Rocket Lab's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Rocket Lab in a much-optimized way.

About Rocket Lab Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

1.09

At present, Rocket Lab's Book Value Per Share is projected to decrease significantly based on the last few years of reporting.

Rocket Lab 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 Lab's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rocket Lab's managers, analysts, and investors.
Environmental
Governance
Social

About Rocket Lab Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rocket Lab USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocket Lab using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocket Lab USA 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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When determining whether Rocket Lab USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocket Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rocket Lab Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocket Lab Usa Stock:
Check out Rocket Lab Altman Z Score, Rocket Lab Correlation, Rocket Lab Valuation, as well as analyze Rocket Lab Alpha and Beta and Rocket Lab Hype Analysis.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocket Lab. If investors know Rocket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.739
Quarterly Revenue Growth
0.549
Return On Assets
(0.11)
Return On Equity
(0.37)
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.