MP Materials Corp vs USA Rare Earth Inc

MP Materials Corp (MP) is overvalued and we do not publish a verdict for USA Rare Earth Inc (USAR).

We publish an intrinsic value for MP but not for USAR, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

MP Materials Corp (MP)

A 0.9x revenue multiple, discounted for its losses, values the shares at $2.58; the price of $51.04 is 1881% above that value.

Leak Score 0/100 on 2 of 12 signals

USA Rare Earth Inc (USAR)

We do not publish a value for this company: it has no growth history of its own to project.

Leak Score 0/100 on 1 of 12 signals

MetricMPUSAR
VerdictOvervaluedNot valued
Price$51.04$16.99
Intrinsic value$2.58
Margin of safety-1881%
Leak Score0/100 (2/12)0/100 (1/12)
Market cap$9.1B$6.4B
Revenue growth, 5 years15.4%
Operating margin-16.7%-949.5%
Net margin-14.6%-2286.0%
Return on equity-3.6%-23.6%
Debt to equity0.400.01
Forward P/E62.9x
P/B4.6x1.6x

All stocks in Other Industrial Metals & Mining