MP Materials Corp. / DE
—- Market cap
- —
- Debt
- —
- Cash
- −$1.17B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: MP stock price vs FMC: 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 FMC's multiple
Needs FMC P/S.
Implied fair value · at MP's multiple
Needs MP P/S.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MP Materials Corp. / DE · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
FMC CORPORATION · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe MP can sustain its 10.1% revenue growth and materially improve margins from -89.3% gross margin and -6.6% EBITDA margin toward profitability, then holding or buying can be justified; otherwise, the current $53.45 price looks difficult to defend versus FMC-implied $0.29-$0.49 range and the rich 42.4x P/S multiple.
MP’s current price of $53.45 implies a P/S-derived value of $0.49, versus a FMC-implied range of $0.29-$0.49 and a historical band of $48.11-$58.80. That creates an extreme disconnect between the market price and FMC valuation framework, driven primarily by MP’s 42.4x P/S and 41.7x EV/Revenue multiples.
Supporting Metrics