Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2024 · View financials
Decision snapshot: MP stock price vs ALTR: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ALTR's multiple
Needs ALTR P/S.
Implied fair value · at MP's multiple
Needs MP P/S.
Metric by metric
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Price unavailable
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MP FY 2025 (ended Dec 31, 2025) · ALTR FY 2024 (ended Dec 31, 2024). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
MP Materials Corp. / DE · implied price per share
Bear
-$0.42
Base
-$0.50
Bull
-$0.57
ALTAIR ENGINEERING INC. · implied price per share
Bear
$8.85
Base
$10.42
Bull
$11.98
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.50x
0.22x
Net debt / EBITDA
Leverage against operating earnings
11.35x
-4.39x
Cash and equivalents
Liquid reserves on the balance sheet
$1.17B
$561.90M
Total debt
Interest-bearing obligations outstanding
$998.74M
$188.65M
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe MP can materially improve margins and convert revenue growth into positive operating earnings, then a hold-to-selective-buy stance may be justified because the current price is already near the top of its historical range and the stock is expensive on sales and EV/revenue despite weak profitability.
MP is priced at 42.3x sales and 41.6x EV/revenue despite negative earnings and EBITDA, while ALTR’s profitability makes direct valuation multiple comparison less clean because no P/E or sales multiple is provided. MP is currently near the upper end of its historical band at $53.33 versus a $48.00 to $58.66 range, suggesting the stock is not obviously cheap on a relative basis.
Supporting Metrics
