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Last close (USD)35.87−1.96 (−5.18%)as of 4 Nov 2026
Funds that hold it4One fund per scheme
Held through a master fund40 buy the stock themselves
Largest weight in a single fund6.44%Of that fund's NAV
Median weight6.23%Half the funds hold more than this
What does MP do
MP Materials Corp.
Mines and processes rare earths from the Mountain Pass mine in the US, used to make magnets for electric vehicles and electronics
Rare earth concentrateNdPr OxidePermanent magnets
Which funds let you invest in MP
Sorted by weight held, largest first
Investors in Thailand can buy MP through 4 mutual funds open to retail investors. Most of them (4 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds MP.
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
How many funds each AMC holds it through
SCBAM
How Thai money reaches MP
2 master funds
Master fund
Thai funds using this route
Master fund's MP weight
VanEck Rare Earth and Strategic Metals ETF
3
6.44%
several master funds (VanEck Rare Earth and Strategic Metals, GLOBAL X LITHIUM & BATTERY TECH)
1
3.69%
Data sourcesFunds that buy the stock themselves: top 5 holdings from the AMC's fact sheet as of 30 Sep 2026 · Funds that invest through a master fund: the master fund's portfolio from its issuer's fact sheet or prospectus · Each scheme counts as one fund · Share price: Market data · Financial statements: SEC EDGAR · Ratios: Market data · Weights are as of the report date, and funds can change their portfolios at any time · Investing involves risk. This is not investment advice.
Via several master funds (VanEck Rare Earth and Strategic Metals, GLOBAL X LITHIUM & BATTERY TECH)
−19.63%
Showing 4 of 4 funds you can buy · The full list is in the Expert view · Latest weights from portfolio reports, and funds can change their portfolios at any time · Past performance is not a guarantee of future performance
Valuation and key ratios
MP Materials Corp. · NYSE · Fiscal year ends in January
Market cap6.4B USD0.18 billion shares
P/EN/AFY2025 EPS is negative
Forward P/E37.2xBased on forecast 12-month earnings
P/S22.3x
EV/EBITDA102.2x
Dividend yield0.00%0.00 USD per share a year
ROE−5.7%Net profit ÷ shareholders' equity
Debt to equity (D/E)0.50xInterest-bearing debt
Beta2.10Against the S&P 500
Gross marginN/AFY2025
Operating margin−66.5%FY2025
Net margin−38.4%FY2025
Price ratios use the latest close shown on this page · Forward P/E, P/S and EV/EBITDA from Market data · Beta from 5 years of monthly returns · Total dividends over the last 12 months
Company health made simple
From the FY2025 statements
Sales growth−9.4%Slow growth
Yearly average over the last 4 years · Latest annual sales 224.0M USD
Profit from sales−38%Thin margin
For every 100 dollars of sales, about −38 dollars is left as net profit
Dividend0.00%No dividend
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
1-year share price−34.7%Down
Now 50.6% below its 1-year high
A rise or fall in the share price doesn't move a fund by the same amount — a fund is affected only in proportion to how much it holds
Financial statements
Revenue grows −9.4% a year on average · EPS grows N/A a year on average
Annual · last 5 fiscal years
Revenue and net profit
FY2021332.0M USD135.0M USD
FY2022528.0M USD289.0M USD
FY2023253.0M USD24.0M USD
FY2024204.0M USD−65.0M USD
FY2025224.0M USD−86.0M USD
Total revenue
Net profit
Quarterly · last 5 quarters
Revenue and net profit
Q2 FY202557.0M USD−31.0M USD
Q3 FY202554.0M USD−42.0M USD
Q4 FY202553.0M USD9.0M USD
Q1 FY202691.0M USD−8.0M USD
Q2 FY2026108.0M USD−20.0M USD
Annual income statement, balance sheet and cash flow
Item (USD)
FY2021
FY2022
FY2023
FY2024
FY2025
Total revenue
332.0M USD
528.0M USD
253.0M USD
204.0M USD
224.0M USD
Operating profit
165.0M USD
327.0M USD
−18.0M USD
−169.0M USD
−149.0M USD
Net profit
Free cash flow = operating cash flow − capital expenditure · A cell showing N/A is an item the statement doesn't report, not a zero · Source: SEC EDGAR
Technical analysis
Closed at 35.87 USD on 4 Nov 2026
Daily trendClear downtrendScore −1.00 on a scale of −1 to +1 · 1255 bars
RSI(14)
31.3
ADX(14)
39.8
Position in the price range
0%
Weekly trendClear downtrendScore −0.90 on a scale of −1 to +1 · 262 bars
RSI(14)
33.9
ADX(14)
18.6
Position in the price range
0%
Monthly trendLeaning downScore −0.33 on a scale of −1 to +1 · 61 bars
RSI(14)
45.4
ADX(14)
28.9
Position in the price range
29%
Moving averages (daily)
Period
SMA
EMA
Price vs line
10 days
38.95
38.92
Below
20 days
40.34
40.66
Below
50 days
46.63
44.81
Below
100 days
49.23
48.69
Below
200 days
Indicators (daily)
Indicator
Value
Signal
RSI(14)
31.34
Down
MACD(12,26)
−2.42
Down
ADX(14)
39.81
Neutral
ATR(14) % of price
3.43
Neutral
Support and resistance (weekly pivots)
s333
s235
s1
Trend score = average of the moving-average group and the indicator group ((up signals − down signals) ÷ number of signals) · RSI and ATR use Wilder's method · MACD uses the 12- and 26-period EMA · An ADX of 25 or above counts as a clear trend · Calculated from daily closing prices from Market data · Not investment advice
several master funds (VanEck Rare Earth and Strategic Metals, GLOBAL X LITHIUM & BATTERY TECH)
−19.63%
1.68%
One fund counted per scheme · Funds investing through a master fund show the master fund's weight in MP, not the look-through weight · Past performance is not a guarantee of future performance