| Intrinsic Valuation of: RIVN | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | -3 | Market Cap | $19B | |||||
| 2021 | - | - (-) | P/E Ratio | - | Total Asset | $15B | |||||
| 2022 | $-6B | - (-) | Net Income | $-4B | Total Debt | $4B | |||||
| 2023 | $-6B | 8.2% (65.7%) | EBITDA | $-3B | Total Liab | $10B | |||||
| 2024 | $-3B | 51.5% (56.7%) | Opr Margin | -66.55 | Debt/Equity | 0.97 | |||||
| 2025 | $-2B | 12.9% (19.6%) | PreTax Margin | -71.64 | BV/Share | 3 | |||||
| 5Y Average FCF | $-4B | 2.5% (47.3%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 11.23% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (2.5%) | ||||||||||
| 2026 | $0 | MBG Intrinsic Value | $-26 | ||||||||
| 2027 | $0 | ||||||||||
| 2028 | $0 | ||||||||||
| 2029 | $0 | ||||||||||
| 2030 | $0 | ||||||||||
| 2031 | $0 | ||||||||||
| Terminal Value | $0 | Net Worth/Share | $3 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $0 | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $4B | $-1 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $4B | WACC | 9.2% | -1 | -1 | -1 | -1 | -1 | |||
| Equity Value | $-861M | 10.2% | -1 | -1 | -1 | -1 | -1 | ||||
| Shares Outstanding | 1,338,953,907 | 11.2% | -1 | -1 | -1 | -1 | -1 | ||||
| 12.2% | -1 | -1 | -1 | -1 | -1 | ||||||
| DCF Intrinsic Value | $-1 | 13.2% | -1 | -1 | -1 | -1 | -1 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||