MP Materials (BSP:M2PM34) ROCE %: -0.42% (As of Mar. 2026)


BSP:M2PM34 MP Materials Corp BSP:M2PM34
35 GF Score
Price R$59.97
GF Value R$34.68
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MP Materials ROCE %?

MP Materials BSP:M2PM34 +3.77% 35 ROCE % is -0.42% as of Mar. 2026. GuruFocus rates BSP:M2PM34 with a GF Score™ of 35/100 and a GF Value™ of R$34.68 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. MP Materials's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.42%.

MP Materials  (BSP:M2PM34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

MP Materials ROCE % Related Terms

MP Materials ROCE % Historical Data

* Premium members only.

The historical data trend for MP Materials's ROCE % 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.

MP Materials ROCE % Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 12.22 16.87 1.70 -3.55 -2.88

MP Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 Premium Member Only Premium Member Only Premium Member Only -3.54 -6.99 -7.04 2.33 -0.42
BSP:M2PM34
35GF Score
MP Materials Corp BSP:M2PM34
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MP Materials ROCE % Calculation

MP Materials's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-470.789/( ( (14237.037 - 1000.68) + (21081.698 - 1631.522) )/ 2 )
=-470.789/( (13236.357+19450.176)/ 2 )
=-470.789/16343.2665
=-2.88 %

MP Materials's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-79.408/( ( (21081.698 - 1631.522) + (20082.726 - 1491.754) )/ 2 )
=-79.408/( ( 19450.176 + 18590.972 )/ 2 )
=-79.408/19020.574
=-0.42 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.42% mean?
MP Materials (BSP:M2PM34) has a ROCE % of -0.42% as of Mar. 2026.
Is MP Materials' ROCE % too high?
MP Materials' current ROCE % is -0.42%. Overall, MP Materials has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' ROCE % compare to USAR and MTRN?
MP Materials' ROCE % of -0.42% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. MP Materials's current ROCE % is -0.42%. 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 (BSP:M2PM34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$34.68, compared to a current price of R$59.97 — trading 72.9% above its estimated fair value. The current ROCE % is -0.42%. MP Materials' overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For MP Materials (BSP:M2PM34), the current ROCE % is -0.42% as of Mar. 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 (BSP:M2PM34) Overvalued in 2026?

Based on GuruFocus' analysis, MP Materials stock appears to be overvalued. The current stock price of R$59.97 is trading 72.9% above its estimated GF Value™ of R$34.68. GuruFocus considers MP Materials to be Significantly Overvalued.

Key valuation signals for BSP:M2PM34:

  • ROCE %: -0.42%
  • GF Value™: R$34.68 vs. price of R$59.97 (72.9% above fair value)
  • GF Score™: 35/100 with 2 warning signs

No single metric tells the full story. See the BSP:M2PM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MP Materials Business Description

Address 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, NV, USA, 89135
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.
35GF Score

Get the complete analysis for BSP:M2PM34

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$59.97
Price
R$34.68
GF Value