As of 2024-12-13, the Fair Value of Rocket Companies Inc (RKT) is -0.04 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 12.51 USD, the upside of Rocket Companies Inc is -100.30%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 897.00 | 198.00 | 308.00 | 46.00 | -15.51 | 286.70 |
| YoY growth | 45.85% | -77.93% | 55.56% | -85.06% | -133.73% | -39.06% |
| Market Cap (mil) | 24,953.82 |
| P/E | |
| Forward P/E |
| EPS | -0.01 |
| Avg earnings growth rate | -39.06% |
| TTM earnings | -15.14 |