MP Materials Corp. (MP) vs Americas Gold and Silver Corporation (USAS)

MP Materials Corp. and Americas Gold and Silver Corporation are both Other Industrial Metals & Mining companies. MP Materials Corp. is the larger, with a market value of $8.9B against $1.6B — 5.6× the size. Americas Gold and Silver Corporation grew revenue faster over the last twelve months: 88.0% against 71.9%. MP Materials Corp. has the higher net margin (−14.6% vs −26.3%) and the lower return on invested capital (−4.28% vs 6.78%). Across the 18 metrics below, Americas Gold and Silver Corporation leads on 11 and MP Materials Corp. on 7.

Valuation

Metric MP USAS Other Industrial Metals & Mining median
P/E n/m n/m 27.78
P/S 20.93 8.76 8.14
P/B 4.45 5.38 1.48
Price to free cash flow n/m n/m 16.31
EV/EBITDA n/m 30.75 14.66
EV/Sales 19.85 8.56 6.17
Earnings yield (0.70%) (3.83%) (8.03%)
Free cash flow yield (5.79%) (4.40%) (6.85%)

Profitability

Metric MP USAS Other Industrial Metals & Mining median
Gross margin 42.33% 51.16% 14.52%
Operating margin (30.48%) 15.48% 0.00%
Net margin (14.56%) (26.28%) 0.00%
Free cash flow margin (121.22%) (38.56%) 0.00%
Return on equity (4.08%) (27.09%) (7.90%)
Return on assets (2.00%) (14.10%) (11.61%)
Return on invested capital (4.28%) 6.78% (3.47%)

Growth

Metric MP USAS Other Industrial Metals & Mining median
Revenue growth (TTM) 71.92% 87.99% 27.25%
EPS growth (last fiscal year) (29.84%) 22.35% —
Revenue growth, 5-year CAGR 15.45% 33.43% 5.26%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MP USAS Other Industrial Metals & Mining median
Debt to equity 0.39 0.18 0.04
Current ratio 9.51 1.62 2.48
Net debt to EBITDA 13.83 16.23 1.10

Dividend

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

Size

Metric MP USAS Other Industrial Metals & Mining median
Market cap 8.85b 1.59b 586.13m

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