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MP Materials (MP Materials) EV-to-EBIT : 61.14 (As of Apr. 29, 2024)


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What is MP Materials EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MP Materials's Enterprise Value is $2,343.4 Mil. MP Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $38.3 Mil. Therefore, MP Materials's EV-to-EBIT for today is 61.14.

The historical rank and industry rank for MP Materials's EV-to-EBIT or its related term are showing as below:

MP' s EV-to-EBIT Range Over the Past 10 Years
Min: -394.18   Med: 19.1   Max: 83.16
Current: 61.14

During the past 5 years, the highest EV-to-EBIT of MP Materials was 83.16. The lowest was -394.18. And the median was 19.10.

MP's EV-to-EBIT is ranked worse than
90.29% of 577 companies
in the Metals & Mining industry
Industry Median: 12.76 vs MP: 61.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MP Materials's Enterprise Value for the quarter that ended in Dec. 2023 was $3,225.9 Mil. MP Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $38.3 Mil. MP Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.19%.


MP Materials EV-to-EBIT Historical Data

The historical data trend for MP Materials's EV-to-EBIT 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.

* Premium members only.

MP Materials EV-to-EBIT Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -146.38 44.87 10.98 84.16

MP Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.98 16.23 18.61 28.22 84.16

Competitive Comparison of MP Materials's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, MP Materials's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MP Materials's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MP Materials's EV-to-EBIT falls into.



MP Materials EV-to-EBIT Calculation

MP Materials's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2343.408/38.329
=61.14

MP Materials's current Enterprise Value is $2,343.4 Mil.
MP Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.3 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  (NYSE:MP) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MP Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=38.329/3225.8927
=1.19 %

MP Materials's Enterprise Value for the quarter that ended in Dec. 2023 was $3,225.9 Mil.
MP Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.3 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of MP Materials's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


MP Materials (MP Materials) Business Description

Traded in Other Exchanges
Address
1700 S. Pavilion Center Drive, 8th Floor, Las Vegas, NV, USA, 89135
MP Materials Corp is the largest 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 ofscale in North America.
Executives
Michael Stuart Rosenthal officer: Chief Operating Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
James H. Litinsky director, officer: Chairman and CEO C/O MP MATERIALS CORP., 1700 S. PAVILION CENTER DRIVE, SUITE 800, LAS VEGAS NV 89135
Jhl Capital Group Llc other: See Remarks 1500 N. HALSTED ST., SUITE 200, CHICAGO IL 60642
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Daniel Allen Gold director 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Qvt Financial Lp director, 10 percent owner, other: Director by Deputization 888 SEVENTH AVENUE, 43RD FLOOR, NEW YORK NY 10106
Ryan Corbett officer: Chief Financial Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Andrew A. Mcknight director, officer: Chief Executive Officer ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Elliot Dean Hoops officer: General Counsel and Secretary 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Jhl Capital Group Holdings Two Llc other: See Remarks 1500 N. HALSTED ST.,, SUITE 2000, CHICAGO IL 60642
Richard B Myers director C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Maryanne Lavan director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Sheila Bangalore officer: CSO and General Counsel 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119