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4 / 10Stock Comparison
TMC vs PPTA vs MP vs CDE
Revenue, margins, valuation, and 5-year total return — side by side.
Other Precious Metals
Industrial Materials
Gold
TMC vs PPTA vs MP vs CDE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Industrial Materials | Other Precious Metals | Industrial Materials | Gold |
| Market Cap | $2.36B | $3.07B | $12.28B | $11.63B |
| Revenue (TTM) | $0.00 | $0.00 | $305M | $2.57B |
| Net Income (TTM) | $-296M | $-44M | $-71M | $799M |
| Gross Margin | — | — | 8.3% | 35.4% |
| Operating Margin | — | — | -36.4% | 39.4% |
| Forward P/E | — | 129.6x | 274.3x | 9.1x |
| Total Debt | $12M | $28K | $1.04B | $365M |
| Cash & Equiv. | $3M | $44M | $1.17B | $554M |
TMC vs PPTA vs MP vs CDE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 21 | May 26 | Return |
|---|---|---|---|
| TMC the metals comp… (TMC) | 100 | 124.7 | +24.7% |
| Perpetua Resources … (PPTA) | 100 | 572.5 | +472.5% |
| MP Materials Corp. (MP) | 100 | 214.5 | +114.5% |
| Coeur Mining, Inc. (CDE) | 100 | 293.6 | +193.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TMC vs PPTA vs MP vs CDE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TMC plays a supporting role in this comparison — it may shine differently against other peers.
PPTA is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- beta 1.08
- Lower volatility, beta 1.08, Low D/E 0.0%, current ratio 7.01x
- Beta 1.08, current ratio 7.01x
- Beta 1.08 vs TMC's 2.37
MP is the clearest fit if your priority is long-term compounding.
- 5.9% 10Y total return vs PPTA's 252.0%
CDE carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 96.4%, EPS growth 5.0%, 3Y rev CAGR 38.1%
- 96.4% revenue growth vs PPTA's -260.4%
- Lower P/E (9.1x vs 274.3x)
- 31.1% margin vs MP's -23.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.4% revenue growth vs PPTA's -260.4% | |
| Value | Lower P/E (9.1x vs 274.3x) | |
| Quality / Margins | 31.1% margin vs MP's -23.3% | |
| Stability / Safety | Beta 1.08 vs TMC's 2.37 | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +216.1% vs PPTA's +93.6% | |
| Efficiency (ROA) | 11.2% ROA vs TMC's -168.3% |
TMC vs PPTA vs MP vs CDE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
TMC vs PPTA vs MP vs CDE — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CDE leads in 3 of 6 categories
PPTA leads 1 • TMC leads 0 • MP leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CDE leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CDE and PPTA operate at a comparable scale, with $2.6B and $0 in trailing revenue. CDE is the more profitable business, keeping 31.1% of every revenue dollar as net income compared to MP's -23.3%. On growth, CDE holds the edge at +137.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $0 | $305M | $2.6B |
| EBITDAEarnings before interest/tax | -$111M | -$75M | -$43M | $1.2B |
| Net IncomeAfter-tax profit | -$296M | -$44M | -$71M | $799M |
| Free Cash FlowCash after capex | -$45M | -$61M | -$314M | $915M |
| Gross MarginGross profit ÷ Revenue | — | — | +8.3% | +35.4% |
| Operating MarginEBIT ÷ Revenue | — | — | -36.4% | +39.4% |
| Net MarginNet income ÷ Revenue | — | — | -23.3% | +31.1% |
| FCF MarginFCF ÷ Revenue | — | — | -102.8% | +35.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | +49.1% | +137.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -8.0% | -5.4% | +121.4% | +4.9% |
Valuation Metrics
CDE leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
At 20.1x trailing earnings, CDE trades at a 84% valuation discount to PPTA's 129.6x P/E.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $2.4B | $3.1B | $12.3B | $11.6B |
| Enterprise ValueMkt cap + debt − cash | $2.4B | $3.0B | $12.2B | $11.4B |
| Trailing P/EPrice ÷ TTM EPS | -22.80x | 129.59x | -138.26x | 20.13x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 274.33x | 9.10x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 0.39x |
| EV / EBITDAEnterprise value multiple | — | — | — | 11.19x |
| Price / SalesMarket cap ÷ Revenue | — | — | 44.59x | 5.62x |
| Price / BookPrice ÷ Book value/share | — | 17.19x | 4.92x | 3.56x |
| Price / FCFMarket cap ÷ FCF | — | — | — | 17.48x |
Profitability & Efficiency
CDE leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
CDE delivers a 15.2% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-14 for PPTA. PPTA carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to MP's 0.44x. On the Piotroski fundamental quality scale (0–9), CDE scores 6/9 vs TMC's 2/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | — | -14.1% | -3.7% | +15.2% |
| ROA (TTM)Return on assets | -168.3% | -13.7% | -2.0% | +11.2% |
| ROICReturn on invested capital | — | -58.4% | -4.7% | +23.5% |
| ROCEReturn on capital employed | -3.5% | -56.0% | -4.2% | +23.9% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 4 | 4 | 6 |
| Debt / EquityFinancial leverage | — | 0.00x | 0.44x | 0.11x |
| Net DebtTotal debt minus cash | $8M | -$44M | -$123M | -$188M |
| Cash & Equiv.Liquid assets | $3M | $44M | $1.2B | $554M |
| Total DebtShort + long-term debt | $12M | $28,288 | $1.0B | $365M |
| Interest CoverageEBIT ÷ Interest expense | -105.76x | — | -2.80x | 47.33x |
Total Returns (Dividends Reinvested)
Evenly matched — TMC and MP each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PPTA five years ago would be worth $32,583 today (with dividends reinvested), compared to $6,057 for TMC. Over the past 12 months, CDE leads with a +216.1% total return vs PPTA's +93.6%. The 3-year compound annual growth rate (CAGR) favors TMC at 95.3% vs MP's 47.6% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -15.9% | +16.2% | +25.8% | +3.2% |
| 1-Year ReturnPast 12 months | +95.9% | +93.6% | +192.7% | +216.1% |
| 3-Year ReturnCumulative with dividends | +645.1% | +436.9% | +221.7% | +414.6% |
| 5-Year ReturnCumulative with dividends | -39.4% | +225.8% | +149.7% | +96.0% |
| 10-Year ReturnCumulative with dividends | -39.4% | +252.0% | +591.3% | +149.9% |
| CAGR (3Y)Annualised 3-year return | +95.3% | +75.1% | +47.6% | +72.6% |
Risk & Volatility
PPTA leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
PPTA is the less volatile stock with a 1.08 beta — it tends to amplify market swings less than TMC's 2.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PPTA currently trades 76.3% from its 52-week high vs TMC's 50.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.37x | 1.08x | 1.40x | 1.81x |
| 52-Week HighHighest price in past year | $11.35 | $37.37 | $100.25 | $27.77 |
| 52-Week LowLowest price in past year | $2.81 | $11.22 | $18.64 | $5.55 |
| % of 52W HighCurrent price vs 52-week peak | +50.2% | +76.3% | +69.0% | +65.2% |
| RSI (14)Momentum oscillator 0–100 | 63.5 | 53.2 | 66.8 | 49.3 |
| Avg Volume (50D)Average daily shares traded | 5.5M | 1.4M | 5.6M | 22.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: TMC as "Buy", PPTA as "Buy", MP as "Buy", CDE as "Buy". Consensus price targets imply 110.5% upside for TMC (target: $12) vs 13.2% for MP (target: $78).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $12.00 | $41.00 | $78.25 | $29.00 |
| # AnalystsCovering analysts | 2 | 3 | 11 | 21 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | 0 |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | +0.1% |
CDE leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). PPTA leads in 1 (Risk & Volatility). 1 tied.
TMC vs PPTA vs MP vs CDE: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TMC or PPTA or MP or CDE a better buy right now?
For growth investors, Coeur Mining, Inc.
(CDE) is the stronger pick with 96. 4% revenue growth year-over-year, versus 35. 1% for MP Materials Corp. (MP). Coeur Mining, Inc. (CDE) offers the better valuation at 20. 1x trailing P/E (9. 1x forward), making it the more compelling value choice. Analysts rate TMC the metals company Inc. (TMC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TMC or PPTA or MP or CDE?
On trailing P/E, Coeur Mining, Inc.
(CDE) is the cheapest at 20. 1x versus Perpetua Resources Corp. at 129. 6x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 1x.
03Which is the better long-term investment — TMC or PPTA or MP or CDE?
Over the past 5 years, Perpetua Resources Corp.
(PPTA) delivered a total return of +225. 8%, compared to -39. 4% for TMC the metals company Inc. (TMC). Over 10 years, the gap is even starker: MP returned +591. 3% versus TMC's -39. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TMC or PPTA or MP or CDE?
By beta (market sensitivity over 5 years), Perpetua Resources Corp.
(PPTA) is the lower-risk stock at 1. 08β versus TMC the metals company Inc. 's 2. 37β — meaning TMC is approximately 119% more volatile than PPTA relative to the S&P 500. On balance sheet safety, Perpetua Resources Corp. (PPTA) carries a lower debt/equity ratio of 0% versus 44% for MP Materials Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — TMC or PPTA or MP or CDE?
By revenue growth (latest reported year), Coeur Mining, Inc.
(CDE) is pulling ahead at 96. 4% versus 35. 1% for MP Materials Corp. (MP). On earnings-per-share growth, the picture is similar: Coeur Mining, Inc. grew EPS 500. 0% year-over-year, compared to 12. 3% for MP Materials Corp.. Over a 3-year CAGR, CDE leads at 38. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TMC or PPTA or MP or CDE?
Coeur Mining, Inc.
(CDE) is the more profitable company, earning 28. 3% net margin versus -31. 2% for MP Materials Corp. — meaning it keeps 28. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CDE leads at 36. 3% versus -44. 6% for MP. At the gross margin level — before operating expenses — CDE leads at 39. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TMC or PPTA or MP or CDE more undervalued right now?
On forward earnings alone, Coeur Mining, Inc.
(CDE) trades at 9. 1x forward P/E versus 274. 3x for MP Materials Corp. — 265. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TMC: 110. 5% to $12. 00.
08Which pays a better dividend — TMC or PPTA or MP or CDE?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is TMC or PPTA or MP or CDE better for a retirement portfolio?
For long-horizon retirement investors, Perpetua Resources Corp.
(PPTA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 08), +252. 0% 10Y return). TMC the metals company Inc. (TMC) carries a higher beta of 2. 37 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PPTA: +252. 0%, TMC: -39. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TMC and PPTA and MP and CDE?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TMC is a small-cap quality compounder stock; PPTA is a small-cap quality compounder stock; MP is a mid-cap high-growth stock; CDE is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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