MP Materials Corp. (MP) vs Materion Corporation (MTRN)

MP Materials Corp. and Materion Corporation are both Other Industrial Metals & Mining companies. MP Materials Corp. is the larger, with a market value of $7.4B against $5.3B — 1.4× the size. MP Materials Corp. has negative trailing earnings, so its P/E is not meaningful; Materion Corporation trades at 56.3×. MP Materials Corp. grew revenue faster over the last twelve months: 71.9% against 21.6%. Materion Corporation has the higher net margin (4.29% vs −14.6%) and the higher return on invested capital (5.50% vs −4.28%). Across the 19 metrics below, Materion Corporation leads on 13 and MP Materials Corp. on 6.

Valuation

Metric MP MTRN Other Industrial Metals & Mining median
P/E n/m 56.26 26.65
P/S 17.22 2.42 6.78
P/B 3.66 5.11 1.18
Price to free cash flow n/m 99.92 15.65
EV/EBITDA n/m 27.71 7.09
EV/Sales 16.14 2.63 4.64
Earnings yield (0.85%) 1.78% (9.58%)
Free cash flow yield (7.04%) 1.00% (8.41%)

Profitability

Metric MP MTRN Other Industrial Metals & Mining median
Gross margin 42.33% 16.01% 14.52%
Operating margin (30.48%) 5.99% 0.00%
Net margin (14.56%) 4.29% 0.00%
Free cash flow margin (121.22%) 2.42% 0.00%
Return on equity (4.08%) 9.46% (7.90%)
Return on assets (2.00%) 4.99% (11.61%)
Return on invested capital (4.28%) 5.50% (3.47%)

Growth

Metric MP MTRN Other Industrial Metals & Mining median
Revenue growth (TTM) 71.92% 21.60% 27.25%
EPS growth (last fiscal year) (29.84%) 1,178.57% (15.57%)
Revenue growth, 5-year CAGR 15.45% 8.72% 5.26%
Net income growth, 5-year CAGR 0.00% 37.07% 0.00%

Health

Metric MP MTRN Other Industrial Metals & Mining median
Debt to equity 0.39 0.46 0.04
Current ratio 9.51 2.94 2.48
Net debt to EBITDA 13.83 2.54 1.07

Dividend

Metric MP MTRN Other Industrial Metals & Mining median
Dividend yield — 0.23% 1.46%
Payout ratio — 0.13 —

Size

Metric MP MTRN Other Industrial Metals & Mining median
Market cap 7.41b 5.25b 454.02m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack