EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Rocket's Enterprise Value is $13,505 Mil.
Rocket's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-51 Mil. Therefore, Rocket's EV-to-FCF for today is -263.64.
The historical rank and industry rank for Rocket's EV-to-FCF or its related term are showing as below:
RKT'
s EV-to-FCF Range Over the Past 10 Years
Min: -794.34 Med: 2.74 Max: 50.57
Current: -263.24
During the past 7 years, the highest EV-to-FCF of Rocket was 50.57. The lowest was -794.34. And the median was 2.74.
RKT's EV-to-FCF is ranked worse than 100% of 1126
companies
in the Banks industry
Industry Median: 5.485
vs RKT: -263.24
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-28), Rocket's stock price is $12.35.
Rocket's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.160. Therefore, Rocket's PE Ratio for today is At Loss.
Rocket EV-to-FCF Historical Data
The historical data trend for Rocket's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Mortgage Finance subindustry, Rocket's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rocket's EV-to-FCF Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Rocket's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Rocket's EV-to-FCF falls into.
Rocket's current Enterprise Value is $13,505 Mil.
Rocket's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-51 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Rocket (NYSE:RKT) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Rocket's share price for today is $12.35.
Rocket's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.160.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Rocket EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Rocket's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RKT has been successfully added to your 