MP Materials Corp.
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
155.0746.0225.96
Price/Sales ratio
26.8316.1815.48
Earnings per Share (EPS)
$0.43$1.46$2.6

Historical Multiples (2018 – 2023)

2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-49.42-98.53-117.4658.3414.82144.6916.65-117.46
Price/Sales ratio
9.879.0619.0823.738.1213.879.1223.73
Price/Book Value ratio
-59.07-36.933.007.813.262.573.663.00
Price/Cash Flow ratio
32.95-1.52K782.3177.2612.4756.0914.0177.26
Price/Free Cash Flow ratio
53.64-245.50-134.27-359.78253.31-17.65284.50-134.27
Price/Earnings Growth ratio
N/A1.97-0.69-0.150.13-1.580.16-0.69
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
15.03%7.59%23.76%69.68%79.03%41.43%79.03%23.76%
Operating Profit Margin
-13.17%-4.55%18.78%49.80%62.06%8.79%62.14%18.78%
Pretax Profit Margin
-19.97%-9.20%-29.38%48.25%64.67%13.05%64.67%-29.38%
Net Profit Margin
-19.97%-9.20%-16.24%40.67%54.78%9.59%54.78%-16.24%
Effective Tax Rate
-0.00%-0.01%44.69%15.70%15.28%26.50%15.28%15.70%
Return on Assets
-13.98%-6.63%-2.03%7.14%12.91%1.04%12.91%-2.03%
Return On Equity
119.51%37.48%-2.55%13.38%22.01%1.77%24.00%-2.55%
Return on Capital Employed
-12.13%-4.74%2.44%9.03%15.29%1%15.31%2.44%
Liquidity Ratios
Current Ratio
N/AN/A13.02N/AN/AN/A13.2713.02
Quick Ratio
0.170.1312.2720.7912.689.5412.4812.27
Cash ratio
0.120.0812.0619.801.402.421.4019.80
Days of Sales Outstanding
1.211.839.7556.0822.7342.2424.259.75
Days of Inventory outstanding
85.85124.01115.03140.33189.98234.07189.98115.03
Operating Cycle
87.07125.85124.78196.42212.71276.31195.96124.78
Days of Payables Outstanding
49.6376.2757.59129.6050.5968.84238.5457.59
Cash Conversion Cycle
37.4349.5867.1866.81162.12207.46-167.4466.81
Debt Ratios
Debt Ratio
0.210.170.060.360.300.290.410.06
Debt Equity Ratio
-1.85-1.000.080.680.510.490.700.08
Long-term Debt to Capitalization
3.64-3.070.050.400.340.330.340.05
Total Debt to Capitalization
2.16322.820.070.400.340.33N/A0.40
Interest Coverage Ratio
N/AN/A-46.47N/AN/AN/A56.65-46.47
Cash Flow to Debt Ratio
0.96-0.020.040.140.500.09N/A0.14
Company Equity Multiplier
-8.54-5.641.251.871.701.711.701.25
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.29-0.000.020.300.650.240.650.02
Free Cash Flow / Operating Cash Flow Ratio
0.616.20-5.82-0.210.04-3.170.04-5.82
Cash Flow Coverage Ratio
0.96-0.020.040.140.500.09N/A0.14
Short Term Coverage Ratio
3.74-0.090.136.34143.60N/AN/A6.34
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/A