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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, MP Materials's Enterprise Value is MXN141,453 Mil.
MP Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-1,718 Mil. Therefore, MP Materials's EV-to-OCF for today is -82.33.
The historical rank and industry rank for MP Materials's EV-to-OCF or its related term are showing as below:
MEX:MP'
s EV-to-OCF Range Over the Past 10 Years
Min: -8033.52 Med: 16.99 Max: 1436.77
Current: -85.47
During the past 7 years, the highest EV-to-OCF of MP Materials was 1436.77. The lowest was -8033.52. And the median was 16.99.
MEX:MP's EV-to-OCF is ranked better than 91.27% of 2669
companies
in the Metals & Mining industry
Industry Median: -9
vs MEX:MP: -85.47
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MP Materials's PE Ratio (TTM) for today is calculated as:
MP Materials's share price for today is MXN865.00.
MP Materials's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-7.856.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
MP Materials EV-to-OCF Related Terms
MP Materials EV-to-OCF Historical Data
* Premium members only.
The historical data trend for MP Materials's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, MP Materials's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MP Materials EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MP Materials's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where MP Materials's EV-to-OCF falls into.
MP Materials's current Enterprise Value is MXN141,453 Mil.
MP Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,718 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MP Materials (MEX:MP) has a EV-to-OCF of -82.33 as of Jul. 14, 2026. According to the industry distribution chart, MP Materials ranks #233 out of 2669 companies in the Metals & Mining industry, placing it in the top 8.7%.
Is MP Materials' EV-to-OCF too high?
MP Materials' current EV-to-OCF is -82.33. Based on the distribution chart, MP Materials ranks #233 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MP Materials has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' EV-to-OCF compare to MTRN and USAR?
According to the Metals & Mining industry distribution chart, MP Materials ranks #233 out of 2669 companies for EV-to-OCF. This places MP Materials in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. MP Materials's current EV-to-OCF is -82.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MP Materials stock overvalued right now?
Based on GuruFocus' analysis, MP Materials (MEX:MP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN585.40, compared to a current price of MXN865.00 — trading 47.8% above its estimated fair value. The current EV-to-OCF is -82.33. MP Materials' overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For MP Materials (MEX:MP), the current EV-to-OCF is -82.33 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MP Materials (MEX:MP) Overvalued in 2026?
Based on GuruFocus' analysis, MP Materials stock appears to be overvalued.
The current stock price of MXN865.00 is trading 47.8% above its estimated GF Value™ of MXN585.40.
GuruFocus considers MP Materials to be Significantly Overvalued.
Key valuation signals for MEX:MP:
EV-to-OCF: -82.33
GF Value™: MXN585.40 vs. price of MXN865.00 (47.8% above fair value)
No single metric tells the full story. See the MEX:MP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.
61GF Score
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