BWLP
BW LPG Limited
BWLP has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over BWLP overall, supported by stronger valuation and stronger modeled upside.
BWLP Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Strong | |
| Strong |
BWLP's profitability, cash flow and balance sheet are currently strong, but its revenue is under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
BWLP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.9x | $11.41 | -48% |
| Fair | 5.6x | $16.35 | -26% |
| Forward | 6.5x | $22.09 | — |
| Current | 7.6x | $22.09 | — |
| Expensive | 9.9x | $28.73 | +30% |
Historical ranges are pointers, not guarantees.
BWLP's PE is in its expensive range at 7.6x. On analysts' estimates for next year's earnings, today's price would be 6.5x.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
BWLP Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect BWLP's earnings and revenue to decline, with profitability weakening. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over BWLP on the outlook, with more favorable earnings and revenue expectations.
BWLP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.38 | +16% |
| Q2 2026 | $2.91 | +89% |
| Q1 2026 | $2.39 | +26% |
| Q4 2025 | $1.60 | -39% |
| Q3 2025 | $1.13 | -69% |
| Q2 2025 | $1.54 | -58% |
| Q1 2025 | $1.89 | -49% |
| Q4 2024 | $2.64 | -26% |
| Q3 2024 | $3.65 | +19% |
BWLP has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
BWLP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $963.6M | -9.5% |
| Q1 2026 | $842M | -7.1% |
| Q4 2025 | $732.7M | -10% |
| Q3 2025 | $954.2M | +17% |
| Q2 2025 | $1.1B | +21% |
| Q1 2025 | $906.7M | -10% |
| Q4 2024 | $817.2M | -13% |
| Q3 2024 | $814.6M | +16% |
BWLP's revenue grew through 2024 and has held roughly level since: $964M last quarter, down 9.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | +7.7 points |
| Q1 2026 | 26% | +21 points |
| Q4 2025 | 16% | +10 points |
| Q3 2025 | 7.5% | -10 points |
| Q2 2025 | 5.9% | -4.2 points |
| Q1 2025 | 5.5% | -7.5 points |
| Q4 2024 | 5.5% | -15 points |
| Q3 2024 | 17% | -0.6 points |
BWLP has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over BWLP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
BWLP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $168.7M | +1158% |
| Q1 2026 | $146.9M | +63% |
| Q4 2025 | $166M | +$448M |
| Q3 2025 | $117.1M | +$132.6M |
| Q2 2025 | $13.4M | -75% |
| Q1 2025 | $89.9M | -78% |
| Q4 2024 | -$282M | -304% |
| Q3 2024 | -$15.5M | -121% |
BWLP has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
BWLP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +500K shares |
| 1 year | +0.4% | +600K shares |
| 3 years | +14% | +19.2M shares |
BWLP has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $43.2M |
| Q3 2025 | $38,536 |
| Q2 2025 | $2.7M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $4.5M |
BWLP spent $43M buying back its own shares over the past year, about six times what it spent the year before.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
BWLP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 0.4x | Very low |
BWLP's net debt is less than a year of its operating earnings (EBITDA), down from 1.4 years a year ago.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BWLP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.9 | Neutral |
| Stochastic | 37.6 | Neutral |
BWLP's weekly RSI is 49 (neutral) and its Stochastic is 38 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
BWLP PE vs Industrials Sector
| Metric | BWLP | Sector median | Relative |
|---|---|---|---|
| PE | 7.6x | 24x | 68% below |
| PE % | 70 | 58 | 12 pts above |
BWLP is trading at 7.6x earnings, a 68% discount to the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
BWLP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.4 | 9.4% below |
| 20 week MA | $23.3 | 5.3% below |
| 50 week MA | $19.5 | 14% above |
| 100 week MA | $15.9 | 39% above |
| 200 week MA | $14.3 | 55% above |
BWLP has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 55% above its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
BWLP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.53 | $6.80 | -20% |
| 2021 | $6.80 | $5.57 | -18% |
| 2022 | $5.57 | $8.30 | +49% |
| 2023 | $8.30 | $15.1 | +81% |
| 2024 | $15.1 | $10.9 | -28% |
| 2025 | $10.9 | $12.7 | +16% |
| 2026 YTD | $12.7 | $22.1 | +74% |
BWLP has the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.