Mp Materials Corp. / De (MP) intrinsic value & 10-year financials
Mp Materials Corp. / De (MP) has a Graham intrinsic value of $4.65 per share. At $40.17 on Oct 17, 2026, the stock trades 764% above that value. Over the last 8 fiscal years revenue grew 20.5% a year to $224.4M, with an average return on invested capital of 9.8%.
- Graham intrinsic value
- $4.65
- Share price (Oct 17, 2026)
- $40.17
- Price vs Graham value
- 764% above
- Market cap
- $6.8B
- Revenue (FY2025)
- $224.4M
- Revenue growth (8-yr CAGR)
- 20.5%
- ROIC (10-yr avg)
- 9.8%
- Free cash flow (FY2025)
- -$328.1M
MP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $224.4M | -$85.9M | -$0.50 | -$328.1M | -66.6% | -6.2% |
| FY2024 | $203.9M | -$65.4M | -$0.57 | -$173.1M | -83.1% | -6.8% |
| FY2023 | $253.4M | $24.3M | $0.14 | -$199.2M | -7.0% | -0.7% |
| FY2022 | $527.5M | $289.0M | $1.52 | $16.9M | 62.1% | 23.5% |
| FY2021 | $328.6M | $135.0M | $0.73 | -$21.9M | 50.3% | 33.0% |
| FY2020 | $134.3M | -$21.8M | -$0.27 | -$19.1M | -25.8% | -12.0% |
| FY2019 | $73.4M | -$6.8M | -$0.10 | -$2.7M | -10.4% | 38.0% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MP Materials Corp. / DE revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
MP Materials Corp. / DE returns on capital have been average, hovering around 9.8% ROIC over the decade.
MP Materials Corp. / DE capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MP Materials Corp. / DE is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $4.65 per share.