MP Materials (MP) fundamentals: P/E, valuation, undervalued?
MP Materials · Materials · ref. ETF XLB · price $59.03
In short — MP Materials trades at —× earnings (P/E), 66.7× forward, with a net margin of -14.6 % and revenue growth of +120 %. Read: Not (yet) profitable (valued on growth, not earnings).
Is MP Materials stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$59.03-19.7% over range
Aug 28, 25low $38.1 · high $98.65Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
100% recommend buying · 7 analysts
Valuation : Not (yet) profitable — valued on growth, not earnings
Valuation
—
P/E (price/earnings)
66.7
Forward P/E
—
PEG
5.4
Price/book (P/B)
$10.5B
Market cap
-0.33
EPS
Profitability & growth
-14.6 %
Net margin
+120 %
Revenue growth
—
Earnings growth
$982M
Total debt
MP Materials income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $528M | $289M | 54.8 % |
| 2023 | $253M | $24M | 9.6 % |
| 2024 | $204M | $-65M | -32.1 % |
| 2025 | $224M | $-86M | -38.3 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is MP Materials's P/E and is the stock undervalued? What's a good P/E?
MP Materials's P/E is — (forward 66.7). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Not (yet) profitable".
Is MP Materials profitable?
MP Materials has a net margin of -14.6 % (EPS -0.33). The company is not (yet) profitable.
Is MP stock expensive?
Our read: "Not (yet) profitable" — valued on growth, not earnings. Cross-check with growth and sector.
💬 A question about MP Materials? The JPI assistant answers using our backtest data.