# MP Materials Corp. (MP) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $54.53, market value $9.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). MP Materials Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 5.02**. A PEG of 5.02 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 31.8×**. Each dollar of revenue is priced at 31.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 5.0×**. The shares trade at 5.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -5.2%** (5-yr avg -3.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Operating margin: -41.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -38.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -5.5%**. Return on all capital, debt included, is -5.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.6%**. Each dollar of assets produces -1.6% of profit.

## Growth
- **Revenue growth (1 yr): 10.1%** (3-yr -24.8%/yr, 5-yr 10.8%/yr). Revenue grew 10.1% over the last year, against 10.8% a year compounded over five years.
- **EPS growth (1 yr): 12.3%**. Earnings per share rose 12.3%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.50**. Debt is 0.50 times equity, moderate leverage.
- **Net debt / EBITDA: 13.7×**. It would take 13.7 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 4.61**. A Z-score of 4.61 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. MP Materials Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -15.0%** (YTD 7.9%, 3-mo -7.9%). The shares are down 15.0% over twelve months including dividends.
- **From 52-week high: -45.6%** (44.2% above the low). Trading 46% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 2.22** (volatility 76%). Beta of 2.22 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MP · Page: https://foliofundamentals.com/stocks/mp

Not investment advice.