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RIVN

Rivian AutomotiveNasdaqGS:RIVN Stock Report

Market Cap

US$99.9b

7D

-12.8%

1Y

n/a

Updated

26 Nov, 2021

Data

Company Financials
RIVN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

RIVN Stock Overview

Rivian Automotive, Inc. develops and manufactures electric adventure vehicles.

Rivian Automotive Competitors

Tesla

NasdaqGS:TSLA

US$1.1t

General Motors

NYSE:GM

US$87.4b

Ford Motor

NYSE:F

US$78.9b

Workhorse Group

NasdaqCM:WKHS

US$903.2m

Price History & Performance

Summary of all time highs, changes and price drops for Rivian Automotive
Historical stock prices
Current Share PriceUS$112.13
52 Week HighUS$179.47
52 Week LowUS$95.20
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO11.32%

Recent News & Updates

Nov 21

Rivian: Sell Alert - Ford Leaves And Amazon Raises Battery Power Doubts

Over the past couple of days, there has been quite a bit of negative news for Rivian, to which the stock still hasn't responded. The news we are now seeing significantly disrupts the "aura around RIVN" on which the company's market capitalization rests. I think that RIVN should correct to at least the placement price shortly - that is, the range for a potential dip is 19-20% of the current market cap. Now, those who bought the stock post-IPO have the opportunity to close their position ahead of the impending correction.

Shareholder Returns

RIVNUS AutoUS Market
7D-12.8%-4.1%-2.7%
1Yn/a59.5%21.3%

Return vs Industry: Insufficient data to determine how RIVN performed against the US Auto industry.

Return vs Market: Insufficient data to determine how RIVN performed against the US Market.

Price Volatility

Is RIVN's price volatile compared to industry and market?
RIVN volatility
RIVN Average Weekly Movementn/a
Auto Industry Average Movement8.3%
Market Average Movement5.9%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.2%

Stable Share Price: Insufficient data to determine RIVN's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine RIVN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20096,274R.J. Scaringehttps://www.rivian.com

Rivian Automotive, Inc. develops and manufactures electric adventure vehicles. It offers five-passenger pickup trucks and sports utility vehicles. The company provides electric SUVs and electric pickup vehicles.

Rivian Automotive Fundamentals Summary

How do Rivian Automotive's earnings and revenue compare to its market cap?
RIVN fundamental statistics
Market CapUS$99.93b
Earnings (TTM)-US$1.64b
Revenue (TTM)n/a

0.0x

P/S Ratio

-61.1x

P/E Ratio

Is RIVN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RIVN income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$1.64b
Earnings-US$1.64b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.84
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.05%

How did RIVN perform over the long term?

See historical performance and comparison

Valuation

Is Rivian Automotive undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Rivian Automotive is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Rivian Automotive has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Rivian Automotive forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.4%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rivian Automotive has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Rivian Automotive performed over the past 5 years?

-126.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: RIVN is currently unprofitable.

Growing Profit Margin: RIVN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if RIVN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare RIVN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RIVN is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (240.4%).


Return on Equity

High ROE: RIVN has a negative Return on Equity (-29.62%), as it is currently unprofitable.


Financial Health

How is Rivian Automotive's financial position?


Financial Position Analysis

Short Term Liabilities: RIVN's short term assets ($3.9B) exceed its short term liabilities ($819.0M).

Long Term Liabilities: RIVN's short term assets ($3.9B) exceed its long term liabilities ($153.0M).


Debt to Equity History and Analysis

Debt Level: RIVN has more cash than its total debt.

Reducing Debt: Insufficient data to determine if RIVN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RIVN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RIVN has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 77.6% each year.


Dividend

What is Rivian Automotive current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RIVN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RIVN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RIVN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RIVN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RIVN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

R.J. Scaringe (37 yo)

12.42yrs

Tenure

US$1,300,500

Compensation

Mr. Robert J. Scaringe, also known as R.J., Ph D, is a Founder of Rivian Automotive, Inc. in June 2009 and has been its Chief Executive Officer and Director since June 2009. Mr. Scaringe is Chairman of the...


CEO Compensation Analysis

Compensation vs Market: R.J.'s total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD11.11M).

Compensation vs Earnings: Insufficient data to compare R.J.'s compensation with company performance.


Leadership Team

Experienced Management: RIVN's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: RIVN's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RIVN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: RIVN only recently listed within the past 12 months.


Top Shareholders

Company Information

Rivian Automotive, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Rivian Automotive, Inc.
  • Ticker: RIVN
  • Exchange: NasdaqGS
  • Founded: 2009
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: US$99.933b
  • Shares outstanding: 891.23m
  • Website: https://www.rivian.com

Number of Employees


Location

  • Rivian Automotive, Inc.
  • 14600 Myford Road
  • Irvine
  • California
  • 92618
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 23:19
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.