MP Materials (NYSE:MP) and Elemental Royalty (NASDAQ:ELE) Critical Comparison

Elemental Royalty (NASDAQ:ELE) and MP Materials (NYSE:MP) are both materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, analyst recommendations, dividends, earnings and risk.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Elemental Royalty and MP Materials, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Elemental Royalty	0	2	1	0	2.33
MP Materials	2	0	13	2	2.88

Elemental Royalty currently has a consensus price target of $33.00, indicating a potential upside of 53.99%. MP Materials has a consensus price target of $78.21, indicating a potential upside of 54.66%. Given MP Materials’ stronger consensus rating and higher probable upside, analysts clearly believe MP Materials is more favorable than Elemental Royalty.

Institutional & Insider Ownership

52.5% of MP Materials shares are held by institutional investors. 8.2% of MP Materials shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Elemental Royalty and MP Materials’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Elemental Royalty	4.01%	0.53%	0.46%
MP Materials	-19.85%	-1.21%	-0.62%

Earnings & Valuation

This table compares Elemental Royalty and MP Materials”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Elemental Royalty	$71.02 million	19.40	$1.77 million	$0.08	267.88
MP Materials	$305.38 million	29.49	-$85.87 million	($0.34)	-148.73

Elemental Royalty has higher earnings, but lower revenue than MP Materials. MP Materials is trading at a lower price-to-earnings ratio than Elemental Royalty, indicating that it is currently the more affordable of the two stocks.

Summary

MP Materials beats Elemental Royalty on 8 of the 14 factors compared between the two stocks.

About Elemental Royalty

Elemental Royalty Corporation engages in the acquisition and generation of precious metal royalties. The company holds royalties in gold, silver, and copper projects. It operates in North America; South America; Australia; Africa; and internationally. The company was formerly known as Elemental Altus Royalties Corp. and changed its name to Elemental Royalty Corporation in November 2025. The company is headquartered in Vancouver, Canada.

About MP Materials

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.