GTEC
Greenland Technologies Holding Corporation
GTEC has the edge over RKLB overall, supported by stronger valuation and lower modeled downside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
GTEC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Strong |
GTEC's revenue, profitability and balance sheet are currently healthy, but its cash flow 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.
GTEC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.1x | $0.49 | — |
| Cheap | 1.7x | $0.78 | +60% |
| Fair | 5.6x | $2.56 | +423% |
| Expensive | 9.9x | $4.54 | +826% |
Historical ranges are pointers, not guarantees.
GTEC's PE is in its cheap range at 1.1x.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
GTEC Forward outlook
There aren't enough analyst estimates for GTEC 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.
GTEC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.46 | -53% |
| Q2 2026 | $0.58 | -3.3% |
| Q1 2026 | $0.25 | -78% |
| Q4 2025 | $0.31 | -70% |
| Q3 2025 | $0.98 | +$1.93 |
| Q2 2025 | $0.60 | +$1.57 |
| Q1 2025 | $1.14 | +$2.27 |
| Q4 2024 | $1.03 | +$2.23 |
GTEC 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.
GTEC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.9M | +6.2% |
| Q2 2026 | $29.9M | +38% |
| Q1 2026 | $25.5M | +18% |
| Q4 2025 | $23.9M | +23% |
| Q3 2025 | $23.4M | +24% |
| Q2 2025 | $21.7M | -5.6% |
| Q1 2025 | $21.7M | -4.6% |
| Q4 2024 | $19.4M | -15% |
GTEC's revenue has grown year over year for five quarters in a row: $25M last quarter, up 6.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +3.7 points |
| Q2 2026 | 20% | +31 points |
| Q1 2026 | 22% | +0.2 points |
| Q4 2025 | -0.1% | -20 points |
| Q3 2025 | 22% | +6.1 points |
| Q2 2025 | -11% | -28 points |
| Q1 2025 | 22% | +14 points |
| Q4 2024 | 19% | +9.8 points |
GTEC 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 GTEC 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.
GTEC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.2M | -189% |
| Q2 2026 | $99.7K | +$1.9M |
| Q1 2026 | -$1.4M | -210% |
| Q3 2025 | $8.1M | +34% |
| Q2 2025 | -$1.8M | -116% |
| Q1 2025 | $1.2M | +$9.7M |
| Q3 2024 | $6.1M | +627% |
| Q2 2024 | $11.3M | +$15.5M |
GTEC has the edge over RKLB on cash flow, with more consistent year-over-year improvement.
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.
GTEC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +53% | +9.1M shares |
| 3 years | +95% | +12.9M shares |
| 5 years | +133% | +15.2M shares |
| Available history | +165% | +16.5M shares |
GTEC has 27M diluted shares, up 53% from a year ago.
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 the edge over GTEC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
GTEC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q2 2024 | 1.1x | Healthy |
GTEC has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GTEC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 11.2 | Oversold |
GTEC's weekly RSI is 37 (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).
GTEC PE vs Industrials Sector
| Metric | GTEC | Sector median | Relative |
|---|---|---|---|
| PE | 1.1x | 24x | 96% below |
| PE % | 7 | 58 | 51 pts below |
GTEC is trading at 1.1x earnings, a 96% 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.
GTEC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.70 | 30% below |
| 20 week MA | $0.72 | 32% below |
| 50 week MA | $0.75 | 35% below |
| 100 week MA | $1.21 | 60% below |
| 200 week MA | $1.72 | 72% below |
GTEC is in a downtrend: it's below all five of its weekly moving averages, and 72% below 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 has the edge over GTEC on trend strength, trading above more of its moving averages.
GTEC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.23 | $8.07 | +54% |
| 2021 | $8.07 | $6.78 | -16% |
| 2022 | $6.78 | $2.12 | -69% |
| 2023 | $2.12 | $2.79 | +32% |
| 2024 | $2.79 | $2.03 | -27% |
| 2025 | $2.03 | $0.70 | -66% |
| 2026 YTD | $0.70 | $0.49 | -30% |
GTEC has finished lower in four of the last six years. It's down 30% so far in 2026.
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 has the edge over GTEC on returns for 2026, with the stronger performance.