Constellium SE (CSTM) vs USA Rare Earth Inc. (USAR)

Constellium SE and USA Rare Earth Inc. are both in the Basic Materials sector (Aluminum and Other Industrial Metals & Mining). Constellium SE and USA Rare Earth Inc. are of similar size ($2.8B and $2.8B). USA Rare Earth Inc. has negative trailing earnings, so its P/E is not meaningful; Constellium SE trades at 5.0×. Constellium SE has the higher net margin (5.71% vs 0.00%) and the higher return on invested capital (19.2% vs −7.78%). Across the 13 metrics below, Constellium SE leads on 10 and USA Rare Earth Inc. on 3.

Valuation

Metric CSTM USAR
P/E 4.97 n/m
P/S 0.28 n/m
P/B 2.12 0.68
Price to free cash flow 8.92 n/m
EV/EBITDA 3.59 n/m
EV/Sales 0.45 n/m
Earnings yield 20.12% (32.49%)
Free cash flow yield 11.21% (14.27%)

Profitability

Metric CSTM USAR
Gross margin 16.06% —
Operating margin 9.15% 0.00%
Net margin 5.71% 0.00%
Free cash flow margin 3.17% 0.00%
Return on equity 52.09% (23.63%)
Return on assets 10.22% (17.88%)
Return on invested capital 19.15% (7.78%)

Growth

Metric CSTM USAR
Revenue growth (TTM) 26.10% —
EPS growth (last fiscal year) 405.26% (724.41%)
Revenue growth, 5-year CAGR 8.66% —
Net income growth, 5-year CAGR 0.00% —

Health

Metric CSTM USAR
Debt to equity 1.36 0.00
Current ratio 1.48 32.79
Net debt to EBITDA 2.15 6.20

Dividend

Metric CSTM USAR
Dividend yield — —
Payout ratio — —

Size

Metric CSTM USAR
Market cap 2.82b 2.78b

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