MP Materials Corp. (MP) vs Nexa Resources S.A. (NEXA)

MP Materials Corp. and Nexa Resources S.A. are both Other Industrial Metals & Mining companies. MP Materials Corp. is the larger, with a market value of $8.9B against $1.7B — 5.3× the size. MP Materials Corp. has negative trailing earnings, so its P/E is not meaningful; Nexa Resources S.A. trades at 6.0×. MP Materials Corp. grew revenue faster over the last twelve months: 71.9% against 24.3%. Nexa Resources S.A. has the higher net margin (8.02% vs −14.6%) and the higher return on invested capital (16.8% vs −4.28%). Across the 18 metrics below, Nexa Resources S.A. leads on 13 and MP Materials Corp. on 5.

Valuation

Metric MP NEXA Other Industrial Metals & Mining median
P/E n/m 5.95 27.78
P/S 20.93 0.48 8.14
P/B 4.45 1.09 1.48
Price to free cash flow n/m 13.18 16.31
EV/EBITDA n/m 2.78 14.66
EV/Sales 19.85 0.87 6.17
Earnings yield (0.70%) 16.80% (8.03%)
Free cash flow yield (5.79%) 7.59% (6.85%)

Profitability

Metric MP NEXA Other Industrial Metals & Mining median
Gross margin 42.33% 28.39% 14.52%
Operating margin (30.48%) 22.17% 0.00%
Net margin (14.56%) 8.02% 0.00%
Free cash flow margin (121.22%) 3.61% 0.00%
Return on equity (4.08%) 20.91% (7.90%)
Return on assets (2.00%) 5.41% (11.61%)
Return on invested capital (4.28%) 16.79% (3.47%)

Growth

Metric MP NEXA Other Industrial Metals & Mining median
Revenue growth (TTM) 71.92% 24.30% 27.25%
EPS growth (last fiscal year) (29.84%) 164.52% —
Revenue growth, 5-year CAGR 15.45% 9.00% 5.26%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MP NEXA Other Industrial Metals & Mining median
Debt to equity 0.39 1.16 0.04
Current ratio 9.51 0.80 2.48
Net debt to EBITDA 13.83 1.48 1.10

Dividend

Metric MP NEXA Other Industrial Metals & Mining median
Dividend yield — 3.47% 4.32%
Payout ratio 0.00 0.00 0.00

Size

Metric MP NEXA Other Industrial Metals & Mining median
Market cap 8.85b 1.67b 586.13m

Compare with another peer

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