Company Valuation: MP Materials Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 8,079 4,311 3,530 2,546 8,954 10,058 - -
Change - -46.64% -18.12% -27.87% 251.67% 12.34% - -
Enterprise Value (EV) 1 7,592 3,807 3,214 2,604 8,122 9,592 9,518 9,653
Change - -49.86% -15.58% -18.98% 211.92% 18.09% -0.76% 1.42%
P/E ratio 62.2x 16x 142x -40x -101x 556x 62.6x 39.6x
PBR 8.01x 3.29x 2.59x 2.41x 4.53x 5.17x 4.41x 4.2x
PEG - 0x -1.6x 0x -3.6x -5x 0x 0.7x
Capitalization / Revenue 24.3x 8.17x 13.9x 12.5x 39.9x 22.2x 12.6x 10.4x
EV / Revenue 22.9x 7.22x 12.7x 12.8x 36.2x 21.2x 12x 9.95x
EV / EBITDA 34.7x 9.8x 31.4x -51.9x 711x 55.7x 22.9x 17.2x
EV / EBIT 45.9x 11.6x -181x -15.4x -54.4x -583x 41.3x 24.4x
EV / FCF -347x 225x -16.1x -15x -24.8x -21.9x -44.2x 327x
FCF Yield -0.29% 0.44% -6.2% -6.65% -4.04% -4.56% -2.26% 0.31%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.73 1.52 0.14 -0.39 -0.5 0.1015 0.902 1.427
Distribution rate - - - - - - - -
Net sales 1 332 527.5 253.4 203.9 224.4 453 796 970.5
EBITDA 1 219.1 388.6 102.5 -50.17 11.42 172.3 415.4 560.8
EBIT 1 165.3 327.4 -17.72 -169.4 -149.4 -16.44 230.5 395.9
Net income 1 135 289 24.31 -65.42 -85.87 0.3621 184 254.1
Net Debt 1 -487.5 -503.9 -315.9 57.86 -831.5 -466.6 -539.8 -405
Reference price 2 45.42 24.28 19.85 15.60 50.52 56.50 56.50 56.50
Nbr of stocks (in thousands) 177,877 177,543 177,815 163,207 177,230 178,022 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
556.43x21.18x55.67x-.--% 10.06B
40.08x - - 0.23% 27.58B
62.33x16.43x36.16x-.--% 13.24B
30.87x - - - 6.13B
-47.02x66.05x-43.32x - 5.03B
-40.77x - -37.8x-.--% 1.17B
-130.53x789.66x-20.08x - 989M
Average 67.34x 223.33x -1.87x 0.06% 9.17B
Weighted average by Cap. 113.77x 52.65x 24.82x 0.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation MP Materials Corp.