Honda Motor ADR (HMC) is fairly valued and Rivian Automotive Inc (RIVN) is overvalued.
Both trade above our estimate of their intrinsic value. HMC is the closer of the two: -5%, against -1676% for RIVN.
Values as of the 22 Sept 2026 close.
A 0.7x revenue multiple, discounted for its losses, values the shares at $31.00; the price of $32.42 is 5% above that value.
Leak Score 0/100 on 2 of 12 signals
A 0.4x revenue multiple, discounted for its losses, values the shares at $0.85; the price of $15.14 is 1676% above that value.
Leak Score 27/100 on 7 of 12 signals
| Metric | HMC | RIVN |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $32.42 | $15.14 |
| Intrinsic value | $31.00 | $0.85 |
| Margin of safety | -5% | -1676% |
| Leak Score | 0/100 (2/12) | 27/100 (7/12) |
| Market cap | $42.1B | $21.9B |
| Revenue growth, 5 years | 3.1% | — |
| Operating margin | -0.5% | -60.0% |
| Net margin | -0.7% | -54.9% |
| Return on equity | -1.4% | -57.9% |
| Debt to equity | 1.14 | 1.05 |
| Forward P/E | 7.8x | — |
| P/B | 0.6x | 4.0x |
| Dividend yield | 4.2% | — |