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Rivian Automotive Earnings Yield (Joel Greenblatt) %

: -19.12% (As of Mar. 2022)
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Rivian Automotive's Enterprise Value for the quarter that ended in Mar. 2022 was $30,443.2 Mil. Rivian Automotive's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-5,821.0 Mil. Rivian Automotive's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was -19.12%.

The historical rank and industry rank for Rivian Automotive's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

RIVN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -69.86   Med: -28.78   Max: -5.38
Current: -26.04

During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Rivian Automotive was -5.38%. The lowest was -69.86%. And the median was -28.78%.

RIVN's Earnings Yield (Joel Greenblatt) % is ranked worse than
95.48% of 1238 companies
in the Vehicles & Parts industry
Industry Median: 4.69 vs RIVN: -26.04

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Rivian Automotive's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Rivian Automotive Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rivian Automotive's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- - -6.07

Rivian Automotive Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only - - - -6.07 -19.12

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Rivian Automotive Earnings Yield (Joel Greenblatt) % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rivian Automotive's Earnings Yield (Joel Greenblatt) % falls into.



Rivian Automotive Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Rivian Automotives Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4659/76721
=-6.07 %

Rivian Automotive's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,821.0 Mil.



Rivian Automotive  (NAS:RIVN) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Rivian Automotive Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Rivian Automotive's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rivian Automotive Business Description

Rivian Automotive logo
Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
Executives
Flatley Jay T director 9885 TOWNE CENTRE DR SAN DIEGO CA 92121
Thomas-graham Pamela director C/O IDENIX PHARMACEUTICALS, INC. 60 HAMPSHIRE STREET CAMBRIDGE MA 02139
Baker Jeff officer: Chief Accounting Officer 1221 BROADWAY OAKLAND CA 94612
Boone Karen director 15 KOCH ROAD SUITE J CORTE MADERA CA 94925
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH SEATTLE WA 98109
Ford Motor Co 10 percent owner ONE AMERICAN RD DEARBORN MI 48126
Marcario Rose M director 21101 OXNARD STREET WOODLAND HILLS CA 91367
Mcdonough Claire officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Krawiec Peter director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Scaringe Robert J director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Behl Jiten officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Schwartz Sanford Harold director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Global Oryx Group Holding Co Ltd 10 percent owner 15 ESPLANADE ST. HELIER Y9 JE1 1RB

Rivian Automotive Headlines

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