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STOCK COMPARISON

MP Materials vs Vale SA: Fair Value & Quality

Both stocks run through our valuation models. Here is how MP Materials (M2PM34) and Vale SA (VALE) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Vale SA as the less overvalued of the two: MP Materials trades at BRL 51.24 versus a fair value of BRL 19.89 (-61%), while Vale SA trades at $14.19 versus $9.87 (-30%).
MP Materials
M2PM34.SA · BRL · Materials
-61%
upside to fair value
overvalued
PriceBRL 51.24
Fair ValueBRL 19.89
Quality37/100
Vale SA
VALE · USD · Materials
-30%
upside to fair value
overvalued
Price$14.19
Fair Value$9.87
Quality55/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

MP MaterialsVale SA
Valuation
n/aP/E (TTM)21.5×
5.12×P/S (TTM)n/a
0.74×P/Bn/a
n/aPEG0.33×
−61.2%Fair value upside−30.4%
n/aDividend yield9.9%
n/aDividend per share$1.40
Profitability
-8%Operating margin28%
n/aEBIT margin trend (5Y)2.67×
-4%Return on equity7%
-2%Return on assets8%
Growth
119%Revenue growth (YoY)3%
-19.5%Avg. growth/yr (3Y)-4.5%
n/aAvg. growth/yr (5Y)-0.7%
n/aValue creation/yr+10.6%
Balance & size
n/aInterest coverage (EBIT/interest)7.1×
0.40×Debt / equity0.61×
$2BMarket cap$61B
weakGrowth qualityweak

Vale SA leads: 1 to 4 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

MP Materialsof which business quality 37 · market factors 11 Vale SAof which business quality 50 · market factors 60
ProfitabilityMargins and returns on capital today
4
31
Quality GrowthAre margins and returns improving?
75
18
CashflowEarnings quality: real cash, not paper profit
29
56
Fin. StrengthBalance sheet, leverage, solvency risk
69
47
InvestmentDisciplined investing over empire-building
0
75
Low VolatilityCalm price path (market factor)
0
70
MomentumPrice trend over the last 3–12 months (market factor)
23
50
52W MomentumDistance to the 52-week high (market factor)
4
64
Net IssuanceShare count: buybacks or dilution?
42
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMP MaterialsPrice BRL 51.24Vale SAPrice $14.19
DCF Modelsn/a-23%below the price$10.94
Earnings-Basedn/a-38%below the price$8.84
Dividend Discountn/a-16%below the price$11.85
Multiplesn/a-29%below the price$10.12
Asset-Based-82%below the priceBRL 9.00-63%below the price$5.29
Growth DCFn/a-19%below the price$11.53
Economic Profitn/a-2%close to the price$13.88
Growth Earningsn/a-44%below the price$8.01
Minimum-82%below the priceBRL 9.00-63%below the price$5.29
Maximum-82%below the priceBRL 9.00-2%close to the price$13.88
Median-82%below the priceBRL 9.00-26%below the price$10.53
Geometric mean-82%below the priceBRL 9.00-32%below the price$9.70

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

MP Materials: 1 of 1 models see the stock below the current price.

Vale SA: 18 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

MP Materials
Price BRL 51.24
Fair Value BRL 19.89
Bear BRL 13.12Bull BRL 24.86
Vale SA
Price $14.19
Fair Value $9.87
Bear $6.61Bull $12.34

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

MP Materials · Materials

Quality score37 · bottom 25%
Fair value upside-61% · bottom 25%

Vale SA · Materials

Quality score55 · above median
Fair value upside-30% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Vale SA as the less overvalued of the two: MP Materials trades at BRL 51.24 versus a fair value of BRL 19.89 (-61%), while Vale SA trades at $14.19 versus $9.87 (-30%).

Vale SA has the higher quality score (55/100).

Open Vale SA live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.