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MP Materials (MP Materials) Enterprise Value : $2,676.8 Mil (As of Jun. 02, 2024)


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What is MP Materials Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MP Materials's Enterprise Value is $2,676.8 Mil. MP Materials's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $18.2 Mil. Therefore, MP Materials's EV-to-EBIT ratio for today is 147.37.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MP Materials's Enterprise Value is $2,676.8 Mil. MP Materials's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $84.1 Mil. Therefore, MP Materials's EV-to-EBITDA ratio for today is 31.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MP Materials's Enterprise Value is $2,676.8 Mil. MP Materials's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $206.4 Mil. Therefore, MP Materials's EV-to-Revenue ratio for today is 12.97.


MP Materials Enterprise Value Historical Data

The historical data trend for MP Materials's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MP Materials Enterprise Value Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- 5,043.23 7,588.16 3,810.84 3,225.89

MP Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,517.39 3,623.60 3,000.21 3,225.89 2,359.28

Competitive Comparison of MP Materials's Enterprise Value

For the Other Industrial Metals & Mining subindustry, MP Materials's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MP Materials's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MP Materials's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MP Materials's Enterprise Value falls into.



MP Materials Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

MP Materials's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

MP Materials's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MP Materials  (NYSE:MP) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

MP Materials's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2676.830/18.164
=147.37

MP Materials's current Enterprise Value is $2,676.8 Mil.
MP Materials's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.2 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

MP Materials's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2676.830/84.136
=31.82

MP Materials's current Enterprise Value is $2,676.8 Mil.
MP Materials's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $84.1 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

MP Materials's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2676.830/206.429
=12.97

MP Materials's current Enterprise Value is $2,676.8 Mil.
MP Materials's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $206.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MP Materials Enterprise Value Related Terms

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MP Materials (MP Materials) Business Description

Traded in Other Exchanges
Address
1700 S. Pavilion Center Drive, 8th Floor, Las Vegas, NV, USA, 89135
MP Materials Corp is the largest producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site ofscale in North America.
Executives
Michael Stuart Rosenthal officer: Chief Operating Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
James H. Litinsky director, officer: Chairman and CEO C/O MP MATERIALS CORP., 1700 S. PAVILION CENTER DRIVE, SUITE 800, LAS VEGAS NV 89135
Jhl Capital Group Llc other: See Remarks 1500 N. HALSTED ST., SUITE 200, CHICAGO IL 60642
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Daniel Allen Gold director 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Qvt Financial Lp director, 10 percent owner, other: Director by Deputization 888 SEVENTH AVENUE, 43RD FLOOR, NEW YORK NY 10106
Ryan Corbett officer: Chief Financial Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Andrew A. Mcknight director, officer: Chief Executive Officer ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Elliot Dean Hoops officer: General Counsel and Secretary 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Jhl Capital Group Holdings Two Llc other: See Remarks 1500 N. HALSTED ST.,, SUITE 2000, CHICAGO IL 60642
Richard B Myers director C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Maryanne Lavan director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Sheila Bangalore officer: CSO and General Counsel 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119

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