Company Valuation: MP Materials Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,079 4,311 3,530 2,546 8,954 6,910 - -
Change - -46.64% -18.12% -27.87% 251.67% -22.83% - -
Enterprise Value (EV) 1 7,592 3,807 3,214 2,604 8,122 6,650 6,831 6,893
Change - -49.86% -15.58% -18.98% 211.92% -18.13% 2.73% 0.9%
P/E 62.2x 16x 142x -40x -101x -104x 64.6x 40.3x
PBR 8.01x 3.29x 2.59x 2.41x 4.53x 3.57x 3.83x 3.64x
PEG - 0x -1.6x 0x -3.6x 4.1x -0x 0.7x
Capitalization / Revenue 24.3x 8.17x 13.9x 12.5x 39.9x 14.8x 9.65x 6.99x
EV / Revenue 22.9x 7.22x 12.7x 12.8x 36.2x 14.3x 9.54x 6.97x
EV / EBITDA 34.7x 9.8x 31.4x -51.9x 711x 52.6x 23x 14.5x
EV / EBIT 45.9x 11.6x -181x -15.4x -54.4x -69.3x 55.5x 25.8x
EV / FCF -347x 225x -16.1x -15x -24.8x -13x -18.5x -206x
FCF Yield -0.29% 0.44% -6.2% -6.65% -4.04% -7.67% -5.41% -0.48%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.73 1.52 0.14 -0.39 -0.5 -0.3719 0.5996 0.9629
Distribution rate - - - - - - - -
Net sales 1 332 527.5 253.4 203.9 224.4 466.6 716.3 988.2
EBITDA 1 219.1 388.6 102.5 -50.17 11.42 126.3 297.1 475.7
EBIT 1 165.3 327.4 -17.72 -169.4 -149.4 -95.93 123 267.6
Net income 1 135 289 24.31 -65.42 -85.87 -84.22 79.73 178.9
Net Debt 1 -487.5 -503.9 -315.9 57.86 -831.5 -260 -78.61 -16.91
Reference price 2 45.42 24.28 19.85 15.60 50.52 38.76 38.76 38.76
Nbr of stocks (in thousands) 177,877 177,543 177,815 163,207 177,230 178,268 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/20/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.66x2.55x20.71x1.07% 19.64B
8.63x1.94x5.06x8.44% 17.68B
7.24x1x3.54x11.48% 9.41B
27.14x8.03x15.88x0.32% 9B
16.38x5.38x10.2x0.15% 8.8B
-104.22x14.25x52.63x-.--% 6.91B
17.36x - - 0.44% 6.75B
4.45x0.74x2.17x9.4% 6.29B
Average 0.45x 4.84x 15.74x 3.91% 11B
Weighted average by Cap. 6.60x 4.07x 14.66x 4.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - MP Materials Corp.

Historical PBR trend

Valuation ratios - PBR - MP Materials Corp.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - MP Materials Corp.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - MP Materials Corp.


Year-on-year evolution of the Yield

Valuation ratios - Yield - MP Materials Corp.
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