Added to YB: 2025-10-21
Pitch date: 2025-10-17
MP [neutral]
MP Materials Corp.
-36.51%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere.
Market Cap
$10.5B
Pitch Price
$83.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.4K
P/E
-143.70
EV/Sales
29.37
Sector
Metals and Mining
Category
growth
MP Materials (MP): Investment Thesis Explained
MP (overview): Ambitious mine-to-magnet REE strategy with DoD $400M investment + $150M loan providing $110/kg price floor & 100% offtake guarantee. Apple recycling partnership, GM magnets by 2027. Refinery at 50% of 6K ton capacity, targeting $40/kg costs. Up 400% YTD, but execution risk concerns at $15B valuation.
Read full article (14 min)