Honda Motor Co., Ltd. (HMC) vs Rivian Automotive, Inc. (RIVN)

Honda Motor Co., Ltd. and Rivian Automotive, Inc. are both Auto Manufacturers companies. Honda Motor Co., Ltd. is the larger, with a market value of $42.7B against $22.2B — 1.9× the size. Rivian Automotive, Inc. has negative trailing earnings, so its P/E is not meaningful; Honda Motor Co., Ltd. trades at 5.8×. Rivian Automotive, Inc. grew revenue faster over the last twelve months: 14.2% against 5.42%. Honda Motor Co., Ltd. has the higher net margin (5.65% vs −55.0%) and the higher return on invested capital (4.69% vs −51.8%). Across the 17 metrics below, Honda Motor Co., Ltd. leads on 12 and Rivian Automotive, Inc. on 5.

Valuation

Metric HMC RIVN Auto Manufacturers median
P/E 5.77 n/m 8.14
P/S 0.29 3.48 0.90
P/B 0.54 4.00 1.16
Price to free cash flow n/m n/m 19.78
EV/EBITDA 6.52 n/m 7.18
EV/Sales 0.67 3.35 1.49
Earnings yield 17.34% (16.68%) (6.65%)
Free cash flow yield (2.98%) (17.02%) (16.79%)

Profitability

Metric HMC RIVN Auto Manufacturers median
Gross margin 21.40% 7.51% 7.51%
Operating margin 6.94% (60.05%) (10.38%)
Net margin 5.65% (54.95%) (4.32%)
Free cash flow margin (0.87%) (59.31%) 0.00%
Return on equity 9.82% (57.70%) 0.00%
Return on assets 3.89% (21.04%) (6.30%)
Return on invested capital 4.69% (51.82%) 0.00%

Growth

Metric HMC RIVN Auto Manufacturers median
Revenue growth (TTM) 5.42% 14.21% 5.42%
EPS growth (last fiscal year) (159.77%) 34.54% —
Revenue growth, 5-year CAGR 3.05% — 10.46%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HMC RIVN Auto Manufacturers median
Debt to equity 1.11 0.87 0.25
Current ratio 1.29 2.10 1.10
Net debt to EBITDA 9.46 0.59 (0.04)

Dividend

Metric HMC RIVN Auto Manufacturers median
Dividend yield 3.43% — 3.24%
Payout ratio 0.24 0.00 0.00

Size

Metric HMC RIVN Auto Manufacturers median
Market cap 42.65b 22.20b 81.09m

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