NasdaqGS:RKLBAerospace & Defense
Rocket Lab (RKLB) Stock May Be Fully Priced On Cash Flow And Broader Checks
Rocket Lab stock has delivered a very large 3 year gain, yet the valuation checks now point to a richer pricing, with both the Discounted Cash Flow (DCF) intrinsic value estimate and market multiples indicating the shares trade at a premium rather than a clear bargain.
Over the past 3 years, Rocket Lab has returned about 16x, which sets a high bar for any further upside to be justified by future cash flows.
The planned acquisition of Iridium Communications and expansion into vertically...