(MP) MP Materials - Overview

Sector: Basic Materials | Industry: Other Industrial Metals & Mining | Exchange: NYSE (USA) | Market Cap: 9.091m USD | Total Return: 134.7% in 12m

Rare Earths, Magnets, Mining
Total Rating 36
Safety 32
Buy Signal -0.05
Other Industrial Metals & Mining
Industry Rotation: +8.1
Market Cap: 9.09B
Avg Turnover: 240M USD
ATR: 6.54%
Peers RS (IBD): 37.0
Risk 5d forecast
Volatility73.7%
Rel. Tail Risk-12.5%
Reward TTM
Sharpe Ratio1.27
Alpha111.64
Character TTM
Beta1.050
Beta Downside1.525
Drawdowns 3y
Max DD62.54%
CAGR/Max DD0.41
EPS (Earnings per Share) EPS (Earnings per Share) of MP over the last years for every Quarter: "2021-03": 0.13, "2021-06": 0.17, "2021-09": 0.27, "2021-12": 0.31, "2022-03": 0.5, "2022-06": 0.43, "2022-09": 0.36, "2022-12": 0.42, "2023-03": 0.27, "2023-06": 0.09, "2023-09": 0.04, "2023-12": -0.02, "2024-03": -0.04, "2024-06": -0.17, "2024-09": -0.12, "2024-12": -0.12, "2025-03": -0.14, "2025-06": -0.13, "2025-09": -0.1, "2025-12": 0.09, "2026-03": 0,
EPS CAGR: -27.63%
EPS Trend: -74.8%
Last SUE: -1.64
Qual. Beats: 0
Revenue Revenue of MP over the last years for every Quarter: 2021-03: 59.971, 2021-06: 73.118, 2021-09: 99.754, 2021-12: 99.109, 2022-03: 166.258, 2022-06: 143.562, 2022-09: 124.445, 2022-12: 93.245, 2023-03: 95.7, 2023-06: 64.024, 2023-09: 52.516, 2023-12: 41.205, 2024-03: 48.684, 2024-06: 31.258, 2024-09: 62.927, 2024-12: 60.986, 2025-03: 60.81, 2025-06: 57.393, 2025-09: 53.553, 2025-12: 103.701, 2026-03: null,
Rev. CAGR: -11.83%
Rev. Trend: -53.4%
Last SUE: 4.00
Qual. Beats: 1

Warnings

Share dilution 21.9% YoY - potential capital distress

Interest Coverage Ratio -2.7 is critical

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Volatile

Tailwinds

No distinct edge detected

Description: MP MP Materials

MP Materials Corp. (MP) produces rare earth materials, critical components in many high-tech products. The company operates in two segments: Materials and Magnetics.

The Materials segment manages the Mountain Pass Rare Earth Mine and processing facility in California, a significant North American source of rare earth oxides. The Magnetics segment focuses on producing magnetic precursor products, which are then used in the manufacturing of permanent magnets. The rare earth sector is characterized by a complex supply chain and increasing demand for electric vehicles and renewable energy technologies.

MP Materials was founded in 2017 and is headquartered in Las Vegas, Nevada. For a deeper analysis of MPs financials and market position, consider exploring ValueRays comprehensive reports.

Headlines to Watch Out For
  • Rare earth element prices dictate Materials segment revenue
  • Mountain Pass mine output impacts production costs
  • Geopolitical tensions influence rare earth demand and supply
  • Magnetics segment growth depends on EV and wind turbine markets
Piotroski VR‑10 (Strict) 0.0
Net Income: -85.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.08 > 0.02 and ΔFCF/TA -0.77 > 1.0
NWC/Revenue: 677.7% < 20% (prev 425.5%; Δ 252.2% < -1%)
CFO/TA -0.04 > 3% & CFO -155.8m > Net Income -85.9m
Current Ratio: 7.24 > 1.5 & < 3
Outstanding Shares: last quarter (199.2m) vs 12m ago 21.94% < -2%
Gross Margin: 5.77% > 18% (prev -0.33%; Δ 609.9% > 0.5%)
Asset Turnover: 8.68% > 50% (prev 8.74%; Δ -0.05% > 0%)
Interest Coverage Ratio: -2.74 > 6 (EBITDA TTM 3.35m / Interest Expense TTM 31.5m)
Altman Z'' 3.21
A: 0.47 (Total Current Assets 2.17b - Total Current Liabilities 299.0m) / Total Assets 4.01b
B: 0.06 (Retained Earnings 234.4m / Total Assets 4.01b)
C: -0.03 (EBIT TTM -86.3m / Avg Total Assets 3.17b)
D: 0.15 (Book Value of Equity 234.8m / Total Liabilities 1.62b)
Altman-Z'' Score: 3.21 = A
Beneish M 1.00
DSRI: 1.74 (Receivables 146.7m/62.3m, Revenue 275.5m/203.9m)
GMI: 1.00 (fallback, negative margins)
AQI: 6.38 (AQ_t 0.11 / AQ_t-1 0.02)
SGI: 1.35 (Revenue 275.5m / 203.9m)
TATA: 0.02 (NI -85.9m - CFO -155.8m) / TA 4.01b)
Beneish M-Score: 1.04 (Cap -4..+1) = D
What is the price of MP shares? As of April 11, 2026, the stock is trading at USD 55.24 with a total of 4,399,374 shares traded.
Over the past week, the price has changed by +7.95%, over one month by -10.30%, over three months by -15.46% and over the past year by +134.66%.
Is MP a buy, sell or hold? MP Materials has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy MP.
  • StrongBuy: 6
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the MP price?
Analysts Target Price 78.4 41.9%
MP Materials (MP) - Fundamental Data Overview as of 08 April 2026
P/E Forward = 1428.5714
P/S = 33.0042
P/B = 4.4651
Revenue TTM = 275.5m USD
EBIT TTM = -86.3m USD
EBITDA TTM = 3.35m USD
Long Term Debt = 931.3m USD (from longTermDebt, last quarter)
Short Term Debt = 74.5m USD (from shortTermDebt, last quarter)
Debt = 1.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -787.2m USD (recalculated: Debt 1.04b - CCE 1.83b)
Enterprise Value = 8.30b USD (9.09b + Debt 1.04b - CCE 1.83b)
Interest Coverage Ratio = -2.74 (Ebit TTM -86.3m / Interest Expense TTM 31.5m)
EV/FCF = -25.31x (Enterprise Value 8.30b / FCF TTM -328.1m)
FCF Yield = -3.95% (FCF TTM -328.1m / Enterprise Value 8.30b)
 FCF Margin = -119.1% (FCF TTM -328.1m / Revenue TTM 275.5m)
 Net Margin = -31.18% (Net Income TTM -85.9m / Revenue TTM 275.5m)
Gross Margin = 5.77% ((Revenue TTM 275.5m - Cost of Revenue TTM 259.6m) / Revenue TTM)
Gross Margin QoQ = 32.83% (prev 9.48%)
Tobins Q-Ratio = 2.07 (Enterprise Value 8.30b / Total Assets 4.01b)
Interest Expense / Debt = 0.95% (Interest Expense 9.89m / Debt 1.04b)
Taxrate = 10.71% (1.13m / 10.6m)
NOPAT = -77.0m (EBIT -86.3m * (1 - 10.71%)) [loss with tax shield]
Current Ratio = 7.24 (Total Current Assets 2.17b / Total Current Liabilities 299.0m)
Debt / Equity = 0.44 (Debt 1.04b / totalStockholderEquity, last quarter 2.39b)
 Debt / EBITDA = -235.3 (out of range, set to none) (Net Debt -787.2m / EBITDA 3.35m)
 Debt / FCF = 2.40 (negative FCF - burning cash) (Net Debt -787.2m / FCF TTM -328.1m)
 Total Stockholder Equity = 1.70b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.71% (Net Income -85.9m / Total Assets 4.01b)
RoE = -5.04% (Net Income TTM -85.9m / Total Stockholder Equity 1.70b)
RoCE = -3.27% (EBIT -86.3m / Capital Employed (Equity 1.70b + L.T.Debt 931.3m))
 RoIC = -3.14% (negative operating profit) (NOPAT -77.0m / Invested Capital 2.45b)
 WACC = 8.77% (E(9.09b)/V(10.13b) * Re(9.68%) + D(1.04b)/V(10.13b) * Rd(0.95%) * (1-Tc(0.11)))
Discount Rate = 9.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 5.91%
 [DCF] Fair Price = unknown (Cash Flow -328.1m)
 EPS Correlation: -74.80 | EPS CAGR: -27.63% | SUE: -1.64 | # QB: 0
Revenue Correlation: -53.35 | Revenue CAGR: -11.83% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.05 | Chg7d=-0.006 | Chg30d=-0.055 | Revisions Net=-4 | Analysts=7
EPS current Year (2026-12-31): EPS=0.26 | Chg7d=-0.045 | Chg30d=-0.368 | Revisions Net=-7 | Growth EPS=+208.7% | Growth Revenue=+80.0%
EPS next Year (2027-12-31): EPS=1.28 | Chg7d=+0.096 | Chg30d=+0.027 | Revisions Net=+2 | Growth EPS=+391.2% | Growth Revenue=+103.4%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
External Resources
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