Materion Corporation (MTRN) vs USA Rare Earth Inc. (USAR)

Materion Corporation and USA Rare Earth Inc. are both Other Industrial Metals & Mining companies. Materion Corporation and USA Rare Earth Inc. are of similar size ($5.8B and $5.4B). USA Rare Earth Inc. has negative trailing earnings, so its P/E is not meaningful; Materion Corporation trades at 61.1×. Materion Corporation has the higher net margin (4.29% vs 0.00%) and the higher return on invested capital (5.50% vs −7.78%). Across the 13 metrics below, Materion Corporation leads on 10 and USA Rare Earth Inc. on 3.

Valuation

Metric MTRN USAR Other Industrial Metals & Mining median
P/E 61.05 n/m 27.78
P/S 2.63 n/m 8.14
P/B 5.55 1.38 1.48
Price to free cash flow 108.43 n/m 16.31
EV/EBITDA 29.88 n/m 14.66
EV/Sales 2.84 n/m 6.17
Earnings yield 1.64% (16.01%) (8.03%)
Free cash flow yield 0.92% (7.03%) (6.85%)

Profitability

Metric MTRN USAR Other Industrial Metals & Mining median
Gross margin 16.01% — 14.52%
Operating margin 5.99% 0.00% 0.00%
Net margin 4.29% 0.00% 0.00%
Free cash flow margin 2.42% 0.00% 0.00%
Return on equity 9.46% (23.63%) (7.90%)
Return on assets 4.99% (17.88%) (11.61%)
Return on invested capital 5.50% (7.78%) (3.47%)

Growth

Metric MTRN USAR Other Industrial Metals & Mining median
Revenue growth (TTM) 21.60% — 27.25%
EPS growth (last fiscal year) 1,178.57% (1,102.32%) —
Revenue growth, 5-year CAGR 8.72% — 5.26%
Net income growth, 5-year CAGR 37.07% — 0.00%

Health

Metric MTRN USAR Other Industrial Metals & Mining median
Debt to equity 0.46 0.00 0.04
Current ratio 2.94 32.79 2.48
Net debt to EBITDA 2.54 6.20 1.10

Dividend

Metric MTRN USAR Other Industrial Metals & Mining median
Dividend yield 0.43% — 4.32%
Payout ratio 0.11 — 0.00

Size

Metric MTRN USAR Other Industrial Metals & Mining median
Market cap 5.39b 5.84b 586.13m

Compare with another peer

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