MP Relative Valuation
MP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MP is overvalued; if below, it's undervalued.
Historical Valuation
MP Materials Corp (MP) is now in the Overvalued zone, suggesting that its current forward PS ratio of 58.64 is considered Overvalued compared with the five-year average of 33.61. The fair price of MP Materials Corp (MP) is between 23.69 to 33.90 according to relative valuation methord. Compared to the current price of 56.98 USD , MP Materials Corp is Overvalued By 68.08%.
Relative Value
Fair Zone
23.69-33.90
Current Price：56.98
68.08%
Overvalued
82.81
PE
1Y
3Y
5Y
Trailing
Forward
37.49
EV/EBITDA
MP Materials Corp. (MP) has a current EV/EBITDA of 37.49. The 5-year average EV/EBITDA is 171.20. The thresholds are as follows: Strongly Undervalued below -1296.60, Undervalued between -1296.60 and -562.70, Fairly Valued between 905.10 and -562.70, Overvalued between 905.10 and 1639.00, and Strongly Overvalued above 1639.00. The current Forward EV/EBITDA of 37.49 falls within the Historic Trend Line -Fairly Valued range.
-231.54
EV/EBIT
MP Materials Corp. (MP) has a current EV/EBIT of -231.54. The 5-year average EV/EBIT is -142.92. The thresholds are as follows: Strongly Undervalued below -1597.43, Undervalued between -1597.43 and -870.18, Fairly Valued between 584.33 and -870.18, Overvalued between 584.33 and 1311.59, and Strongly Overvalued above 1311.59. The current Forward EV/EBIT of -231.54 falls within the Historic Trend Line -Fairly Valued range.
57.00
PS
MP Materials Corp. (MP) has a current PS of 57.00. The 5-year average PS is 15.70. The thresholds are as follows: Strongly Undervalued below 2.35, Undervalued between 2.35 and 9.02, Fairly Valued between 22.37 and 9.02, Overvalued between 22.37 and 29.04, and Strongly Overvalued above 29.04. The current Forward PS of 57.00 falls within the Strongly Overvalued range.
74.55
P/OCF
MP Materials Corp. (MP) has a current P/OCF of 74.55. The 5-year average P/OCF is 33.66. The thresholds are as follows: Strongly Undervalued below -85.91, Undervalued between -85.91 and -26.13, Fairly Valued between 93.44 and -26.13, Overvalued between 93.44 and 153.23, and Strongly Overvalued above 153.23. The current Forward P/OCF of 74.55 falls within the Historic Trend Line -Fairly Valued range.
134.97
P/FCF
MP Materials Corp. (MP) has a current P/FCF of 134.97. The 5-year average P/FCF is -77.18. The thresholds are as follows: Strongly Undervalued below -459.21, Undervalued between -459.21 and -268.20, Fairly Valued between 113.83 and -268.20, Overvalued between 113.83 and 304.85, and Strongly Overvalued above 304.85. The current Forward P/FCF of 134.97 falls within the Overvalued range.
MP Materials Corp (MP) has a current Price-to-Book (P/B) ratio of 5.29. Compared to its 3-year average P/B ratio of 3.73 , the current P/B ratio is approximately 41.64% higher. Relative to its 5-year average P/B ratio of 4.71, the current P/B ratio is about 12.30% higher. MP Materials Corp (MP) has a Forward Free Cash Flow (FCF) yield of approximately -2.21%. Compared to its 3-year average FCF yield of -5.06%, the current FCF yield is approximately -56.26% lower. Relative to its 5-year average FCF yield of -2.95% , the current FCF yield is about -25.08% lower.
5.14
P/B
Median3y
3.73
Median5y
4.71
-0.02
FCF Yield
Median3y
-5.06
Median5y
-2.95
Competitors Valuation Multiple
The average P/S ratio for MP's competitors is 73.34, providing a benchmark for relative valuation. MP Materials Corp Corp (MP) exhibits a P/S ratio of 57.00, which is -22.28% above the industry average. Given its robust revenue growth of -14.90%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MP increased by 170.43% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -41.82 to -80.69.
The secondary factor is the Margin Expansion, contributed 92.40%to the performance.
Overall, the performance of MP in the past 1 year is driven by P/E Change. Which is more unsustainable.
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