(MP) MP Materials - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5533681012

Rare Earth Oxides, Neodymium, Praseodymium, Magnetic Precursors

Diversified Metals & Mining
Market Cap in USD: 9,742m
IPO / Inception: 2020-06-22
Return 12m vs S&P 500: 160%

EPS (Earnings per Share)

EPS (Earnings per Share) of MP over the last years for every Quarter: "2020-12": 0.18, "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,
EPS CAGR: -29.65%
EPS Trend: -87.2%
Last SUE: -0.93
Qual. Beats: 0

Revenue

Revenue of MP over the last years for every Quarter: 2020-12: 42.178, 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: null,
Rev. CAGR: -15.14%
Rev. Trend: -71.5%
Last SUE: 0.05
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 67.5%
Value at Risk 5%th 94.4%
Relative Tail Risk -15.01%
Reward TTM
Sharpe Ratio 1.62
Alpha 182.34
CAGR/Max DD 0.40
Character TTM
Hurst Exponent 0.550
Beta 0.975
Beta Downside 0.727
Drawdowns 3y
Max DD 70.93%
Mean DD 39.28%
Median DD 42.25%

Description: MP MP Materials January 08, 2026

MP Materials Corp. (NYSE: MP) is a U.S.–based rare-earth producer that operates two business lines: the Materials segment, which runs the Mountain Pass Mine and processing plant in California, and the Magnetics segment, which manufactures magnetic precursor products. Founded in 2017 and headquartered in Las Vegas, the firm is the only fully integrated rare-earth mining and processing operation in the Western Hemisphere.

Key recent metrics (as of FY 2023) include: ≈ $1.2 billion in revenue, a net loss of $85 million largely due to high processing costs, and an estimated 30 % share of U.S. rare-earth supply. The company’s earnings are highly sensitive to neodymium and dysprosium price movements, which are driven by demand from electric-vehicle motors and defense-grade permanent magnets. A material cost driver is the availability of low-cost, domestically sourced feedstock, while policy risk stems from potential U.S. subsidies for critical minerals that could improve margins.

For a deeper dive into MP’s valuation metrics and peer comparison, you might explore the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (-117.6m TTM) > 0 and > 6% of Revenue (6% = 14.0m TTM)
FCFTA -0.06 (>2.0%) and ΔFCFTA 4.75pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 818.1% (prev 472.9%; Δ 345.3pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.02 (>3.0%) and CFO -78.4m > Net Income -117.6m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 8.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (175.0m) change vs 12m ago 6.63% (target <= -2.0% for YES)
Gross Margin -16.13% (prev -26.29%; Δ 10.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 7.63% (prev 8.00%; Δ -0.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -4.72 (EBITDA TTM -47.2m / Interest Expense TTM 28.4m) >= 6 (WARN >= 3)

Altman Z'' 3.35

(A) 0.50 = (Total Current Assets 2.17b - Total Current Liabilities 270.2m) / Total Assets 3.80b
(B) 0.06 = Retained Earnings (Balance) 225.0m / Total Assets 3.80b
(C) -0.04 = EBIT TTM -133.9m / Avg Total Assets 3.05b
(D) 0.16 = Book Value of Equity 225.3m / Total Liabilities 1.42b
Total Rating: 3.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 14.33

1. Piotroski 0.0pt
2. FCF Yield -2.39%
3. FCF Margin -98.84%
4. Debt/Equity 0.44
5. Debt/Ebitda 2.38
6. ROIC - WACC (= -13.01)%
7. RoE -8.59%
8. Rev. Trend -71.47%
9. EPS Trend -87.16%

What is the price of MP shares?

As of January 11, 2026, the stock is trading at USD 62.00 with a total of 8,122,974 shares traded.
Over the past week, the price has changed by +12.79%, over one month by +3.64%, over three months by -14.23% and over the past year by +213.92%.

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.
  • Strong Buy: 6
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MP price?

Issuer Target Up/Down from current
Wallstreet Target Price 79.3 27.9%
Analysts Target Price 79.3 27.9%
ValueRay Target Price 63 1.5%

MP Fundamental Data Overview January 04, 2026

P/E Forward = 54.9451
P/S = 41.8591
P/B = 4.557
Beta = 1.702
Revenue TTM = 232.7m USD
EBIT TTM = -133.9m USD
EBITDA TTM = -47.2m USD
Long Term Debt = 929.7m USD (from longTermDebt, last quarter)
Short Term Debt = 74.5m USD (from shortTermDebt, last quarter)
Debt = 1.03b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -112.3m USD (from netDebt column, last quarter)
Enterprise Value = 9.64b USD (9.74b + Debt 1.03b - CCE 1.14b)
Interest Coverage Ratio = -4.72 (Ebit TTM -133.9m / Interest Expense TTM 28.4m)
EV/FCF = -41.90x (Enterprise Value 9.64b / FCF TTM -230.0m)
FCF Yield = -2.39% (FCF TTM -230.0m / Enterprise Value 9.64b)
FCF Margin = -98.84% (FCF TTM -230.0m / Revenue TTM 232.7m)
Net Margin = -50.55% (Net Income TTM -117.6m / Revenue TTM 232.7m)
Gross Margin = -16.13% ((Revenue TTM 232.7m - Cost of Revenue TTM 270.3m) / Revenue TTM)
Gross Margin QoQ = 9.48% (prev -24.07%)
Tobins Q-Ratio = 2.54 (Enterprise Value 9.64b / Total Assets 3.80b)
Interest Expense / Debt = 0.83% (Interest Expense 8.57m / Debt 1.03b)
Taxrate = 28.50% (-16.7m / -58.4m)
NOPAT = -95.8m (EBIT -133.9m * (1 - 28.50%)) [loss with tax shield]
Current Ratio = 8.05 (Total Current Assets 2.17b / Total Current Liabilities 270.2m)
Debt / Equity = 0.44 (Debt 1.03b / totalStockholderEquity, last quarter 2.38b)
Debt / EBITDA = 2.38 (negative EBITDA) (Net Debt -112.3m / EBITDA -47.2m)
Debt / FCF = 0.49 (negative FCF - burning cash) (Net Debt -112.3m / FCF TTM -230.0m)
Total Stockholder Equity = 1.37b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.86% (Net Income -117.6m / Total Assets 3.80b)
RoE = -8.59% (Net Income TTM -117.6m / Total Stockholder Equity 1.37b)
RoCE = -5.82% (EBIT -133.9m / Capital Employed (Equity 1.37b + L.T.Debt 929.7m))
RoIC = -4.36% (negative operating profit) (NOPAT -95.8m / Invested Capital 2.20b)
WACC = 8.65% (E(9.74b)/V(10.78b) * Re(9.51%) + D(1.03b)/V(10.78b) * Rd(0.83%) * (1-Tc(0.28)))
Discount Rate = 9.51% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -6.15%
Fair Price DCF = unknown (Cash Flow -230.0m)
EPS Correlation: -87.16 | EPS CAGR: -29.65% | SUE: -0.93 | # QB: 0
Revenue Correlation: -71.47 | Revenue CAGR: -15.14% | SUE: 0.05 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.12 | Chg30d=-0.038 | Revisions Net=-2 | Analysts=7
EPS next Year (2026-12-31): EPS=0.74 | Chg30d=-0.131 | Revisions Net=-2 | Growth EPS=+363.2% | Growth Revenue=+124.0%

Additional Sources for MP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle