MP Materials Corp
NYSE:MP

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MP Materials Corp
NYSE:MP
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Price: 16.17 USD 2.08%
Market Cap: 2.6B USD
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MP Materials Corp
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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MP Materials Corp
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
MP Materials Corp
NYSE:MP
Pre-Tax Income
$33.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Materion Corp
NYSE:MTRN
Pre-Tax Income
$81.3m
CAGR 3-Years
7%
CAGR 5-Years
34%
CAGR 10-Years
6%
Compass Minerals International Inc
NYSE:CMP
Pre-Tax Income
-$188.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Piedmont Lithium Inc
NASDAQ:PLL
Pre-Tax Income
-$18.7m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Rare Element Resources Ltd
OTC:REEMF
Pre-Tax Income
-$9m
CAGR 3-Years
-41%
CAGR 5-Years
-39%
CAGR 10-Years
N/A
Boart Longyear Group Ltd
ASX:BLY
Pre-Tax Income
$15.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

MP Materials Corp
Glance View

Market Cap
2.6B USD
Industry
Metals & Mining

In the stark and sun-drenched expanse of the Mojave Desert lies a modern-day treasure, the Mountain Pass mine, operated by MP Materials Corp. This company, emerging as a pivotal entity in the global supply of rare earth materials, orchestrates a finely tuned symphony of mining, processing, and refining operations to meet the increasing demand for high-performance magnets. These magnets are crucial in powering the future, forming key components in everything from electric vehicles to wind turbines and consumer electronics. MP Materials procures rare earth ore from its vast deposits, which is processed on-site to extract valuable rare earth concentrate. This material is essential in the manufacturing of rare earth magnets, holding the promise of technological advances and greener energy solutions. The business strategy of MP Materials is anchored in vertical integration, capturing value at every step of the supply chain. By controlling activities from mining to processing, the company significantly enhances efficiency and cost-effectiveness. It sells the rare earth concentrate primarily to magnet manufacturers who leverage these materials to produce powerful magnets essential for high-tech applications. As global industries march towards electrification and renewable energy initiatives, the demand for these materials is hoped to soar, positioning MP Materials not just as a mining entity, but as a strategic player in the green economy. This integrated model not only fortifies its revenue streams but also aligns the company with major market trends, ensuring resilience and relevance in an evolving landscape.

MP Intrinsic Value
14.32 USD
Overvaluation 11%
Intrinsic Value
Price

See Also

What is MP Materials Corp's Pre-Tax Income?
Pre-Tax Income
33.1m USD

Based on the financial report for Dec 31, 2023, MP Materials Corp's Pre-Tax Income amounts to 33.1m USD.

What is MP Materials Corp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 1Y
-90%

Over the last year, the Pre-Tax Income growth was -90%.

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