GLBS
Globus Maritime Limited
GLBS has the edge over RKLB overall, supported by stronger fundamentals and lower modeled downside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
GLBS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Stable |
GLBS's revenue, profitability and cash flow are currently strong, and its balance sheet is stable.
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.
GLBS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.8x | $0.25 | -91% |
| Fair | 8.3x | $2.65 | -7.5% |
| Current | 9.1x | $2.87 | — |
| Expensive | 34x | $10.79 | +276% |
Historical ranges are pointers, not guarantees.
GLBS's PE is in its fair range at 9.1x.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
GLBS Forward outlook
There aren't enough analyst estimates for GLBS to show an outlook.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
GLBS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.32 | +$0.61 |
| Q1 2026 | $0.04 | +$0.08 |
| Q4 2025 | -$0.09 | -550% |
| Q3 2025 | -$0.22 | -257% |
| Q2 2025 | -$0.29 | -188% |
| Q1 2025 | -$0.04 | -136% |
| Q4 2024 | $0.02 | -92% |
| Q3 2024 | $0.14 | +56% |
GLBS 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.
GLBS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.6M | +53% |
| Q1 2026 | $12.2M | +42% |
| Q4 2025 | $13.5M | +55% |
| Q3 2025 | $12.6M | +41% |
| Q2 2025 | $9.5M | +0.2% |
| Q1 2025 | $8.6M | +12% |
| Q4 2024 | $8.7M | +22% |
| Q3 2024 | $9M | +17% |
GLBS's revenue has grown year over year for nine quarters in a row: $15M last quarter, up 53% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 38% | +42 points |
| Q1 2026 | 18% | +38 points |
| Q4 2025 | 19% | +29 points |
| Q3 2025 | 16% | +6.7 points |
| Q2 2025 | -4.3% | -44 points |
| Q1 2025 | -20% | -17 points |
| Q4 2024 | -10% | -20 points |
| Q3 2024 | 9% | -38 points |
GLBS 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 GLBS on sales, with stronger typical year-over-year growth.
| 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.
GLBS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3.8M | +1358% |
| Q1 2026 | $3.4M | +282% |
| Q4 2025 | $1.3M | +$35.9M |
| Q3 2025 | -$205K | +$44.2M |
| Q2 2025 | $262K | +$4.8M |
| Q1 2025 | $897K | +$19.2M |
| Q4 2024 | -$34.6M | -$31.5M |
| Q3 2024 | -$44.4M | -$31.9M |
GLBS 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.
GLBS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +1M shares |
| 3 years | +4.9% | +1M shares |
| 5 years | +7.8% | +1.6M shares |
GLBS has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
GLBS hasn't bought back shares in the past year.
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 | — |
GLBS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 4.1x | High |
| Q3 2025 | 4.9x | High |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 5.6x | High |
| Q3 2024 | 2.3x | Moderate |
GLBS's net debt is about 2.8 years of its operating earnings (EBITDA), down from 4.5 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.
GLBS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.8 | Neutral |
| Stochastic | 11.5 | Oversold |
GLBS's weekly RSI is 49 (neutral) and its Stochastic is 11 (oversold).
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).
GLBS PE vs Industrials Sector
| Metric | GLBS | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 24x | 62% below |
| PE % | 54 | 58 | 4 pts below |
GLBS is trading at 9.1x earnings, a 62% 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.
GLBS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.08 | 6.8% below |
| 20 week MA | $3.23 | 11% below |
| 50 week MA | $2.47 | 16% above |
| 100 week MA | $1.82 | 58% above |
| 200 week MA | $1.73 | 66% above |
GLBS has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 66% 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.
GLBS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.0 | $6.19 | -94% |
| 2021 | $6.19 | $2.41 | -61% |
| 2022 | $2.41 | $1.19 | -51% |
| 2023 | $1.19 | $2.65 | +123% |
| 2024 | $2.65 | $1.18 | -55% |
| 2025 | $1.18 | $1.71 | +45% |
| 2026 YTD | $1.71 | $2.87 | +68% |
GLBS 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.