MATH
Metalpha Technology Holding Limited
There isn't enough reported data to score MATH yet.
RKLB
Rocket Lab USA, Inc.
RKLB lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
MATH Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
MATH's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
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.
MATH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | N/A | N/A |
| Fair | 9x | N/A | N/A |
| Expensive | 39x | N/A | N/A |
| Current | 49x | $0.99 | — |
Historical ranges are pointers, not guarantees.
MATH's PE is 49x, but its earnings don't support one, so it isn't a reliable read right now.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
MATH Forward outlook
There aren't enough analyst estimates for MATH 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.
MATH Earnings Per Share
MATH and RKLB do not have enough comparable growth data to identify a winner.
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.
MATH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $12M | -39% |
| Q3 2022 | $4.4M | +255% |
| Q3 2021 | $1.2M | +2441% |
| Q3 2020 | $48.5K | -93% |
| Q1 2019 | $421.1K | -82% |
| Q1 2018 | $2.4M | -0.4% |
| Q3 2017 | $1.9M | +61% |
MATH's revenue is growing: $0 last quarter.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | -24% | N/A |
| Q3 2024 | 39% | +45 points |
| Q3 2022 | -5.9% | +3007 points |
| Q3 2021 | -449% | -425 points |
| Q1 2021 | -1396% | -790 points |
| Q3 2020 | -3013% | N/A |
| Q3 2019 | -24% | -54 points |
| Q1 2019 | -606% | -665 points |
MATH's operating margin was −24% last quarter, up 1372 points from the same quarter a year ago.
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's revenue has grown year over year every quarter since late 2021: $268M last quarter, up 73% from the same quarter a year ago.
| 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.
MATH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $64.9M | +$73.8M |
| Q1 2025 | -$9M | -$3.6M |
| Q1 2024 | -$5.3M | -1050% |
| Q1 2020 | -$719.7K | -197% |
MATH and RKLB do not have enough comparable growth data to identify a winner.
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.
MATH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +12% | +4.8M shares |
| 1 year | +25% | +9.4M shares |
| 3 years | +305% | +34.8M shares |
MATH has 46M diluted shares, up 25% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | $18,340 |
| Q1 2025 | — |
| Q1 2024 | — |
| Q3 2023 | $82,127 |
| Q1 2023 | $353,816 |
| Q1 2020 | — |
| Q1 2019 | — |
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 MATH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
MATH Net Leverage
MATH's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MATH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.0 | Neutral |
| Stochastic | 48.2 | Neutral |
MATH's weekly RSI is 46 (neutral) and its Stochastic is 48 (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).
MATH PE vs Industrials Sector
| Metric | MATH | Sector median | Relative |
|---|---|---|---|
| PE | 49x | 24x | 104% above |
| PE % | 93 | 58 | 35 pts above |
MATH is trading at 49x earnings, a 104% premium to the Industrials sector's median of 24x, though its earnings don't support one.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
MATH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.02 | 2.9% below |
| 20 week MA | $0.95 | 4.2% above |
| 50 week MA | $1.28 | 23% below |
| 100 week MA | $1.92 | 48% below |
| 200 week MA | $1.60 | 38% below |
MATH's trend is mixed: it's above one of its five weekly moving averages, and 38% 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 MATH on trend strength, trading above more of its moving averages.
MATH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.22 | $2.43 | +99% |
| 2021 | $2.43 | $1.16 | -52% |
| 2022 | $1.16 | $0.52 | -55% |
| 2023 | $0.52 | $2.18 | +319% |
| 2024 | $2.18 | $1.07 | -51% |
| 2025 | $1.07 | $2.38 | +122% |
| 2026 YTD | $2.38 | $0.99 | -58% |
MATH's yearly returns have swung widely, from +319% in 2023 to −55% in 2022. It's down 58% 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 MATH on returns for 2026, with the stronger performance.