LTHM.L vs. MP

Last updated Apr 4, 2026

Compare and contrast key facts about James Latham plc (LTHM.L) and MP Materials Corp. (MP).

Performance

LTHM.L vs. MP - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in James Latham plc (LTHM.L) and MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

LTHM.L vs. MP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LTHM.L James Latham plc	-0.71%	-11.77%	0.76%	-1.83%	0.23%	40.81%	8.92%
MP MP Materials Corp.	0.30%	200.77%	-20.04%	-22.33%	-40.19%	42.52%	193.60%

Different Trading Currencies

LTHM.L is traded in GBp, while MP is traded in USD. To make them comparable, the MP values have been converted to GBp using the latest available exchange rates.

Fundamentals

Market Cap LTHM.L : £194.64M MP : $9.91B
EPS LTHM.L : £1.89 MP : -$0.48
PS Ratio LTHM.L : 0.26 MP : 39.74
PB Ratio LTHM.L : 0.86 MP : 6.33
Total Revenue (TTM) LTHM.L : £739.04M MP : $224.44M
Gross Profit (TTM) LTHM.L : £123.44M MP : -$18.14M
EBITDA (TTM) LTHM.L : £59.53M MP : -$19.06M

Returns By Period

In the year-to-date period, LTHM.L achieves a -0.71% return, which is significantly lower than MP's 0.30% return.

LTHM.L

• 1D: 0.00%
• 1M: -8.53%
• YTD: -0.71%
• 6M: -8.20%
• 1Y: -6.91%
• 3Y*: -3.62%
• 5Y*: 4.57%
• 10Y*: 6.58%

MP

• 1D: 3.38%
• 1M: -18.37%
• YTD: 0.30%
• 6M: -29.11%
• 1Y: 98.57%
• 3Y*: 18.53%
• 5Y*: 8.15%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LTHM.L vs. MP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LTHM.L

LTHM.L Risk / Return Rank: 25
LTHM.L Sharpe Ratio Rank: 25
LTHM.L Sortino Ratio Rank: 22
LTHM.L Omega Ratio Rank: 22
LTHM.L Calmar Ratio Rank: 27
LTHM.L Martin Ratio Rank: 27

MP

MP Risk / Return Rank: 73
MP Sharpe Ratio Rank: 73
MP Sortino Ratio Rank: 80
MP Omega Ratio Rank: 73
MP Calmar Ratio Rank: 72
MP Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LTHM.L vs. MP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for James Latham plc (LTHM.L) and MP Materials Corp. (MP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LTHM.L	MP	Difference
Sharpe ratio Return per unit of total volatility	-0.33	0.97	-1.30
Sortino ratio Return per unit of downside risk	-0.31	2.12	-2.43
Omega ratio Gain probability vs. loss probability	0.96	1.24	-0.28
Calmar ratio Return relative to maximum drawdown	-0.38	1.75	-2.13
Martin ratio Return relative to average drawdown	-0.74	3.22	-3.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LTHM.L vs. MP - Sharpe Ratio Comparison

The current LTHM.L Sharpe Ratio is -0.33, which is lower than the MP Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of LTHM.L and MP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LTHM.L	MP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	0.97	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.12	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.43	+0.37

Correlation

The correlation between LTHM.L and MP is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LTHM.L vs. MP - Dividend Comparison

LTHM.L's dividend yield for the trailing twelve months is around 3.67%, while MP has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTHM.L James Latham plc	3.67%	3.60%	6.88%	2.40%	2.74%	1.72%	2.29%	1.85%	2.58%	1.94%	1.91%	1.85%
MP MP Materials Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LTHM.L vs. MP - Drawdown Comparison

The maximum LTHM.L drawdown since its inception was -64.68%, smaller than the maximum MP drawdown of -81.46%. Use the drawdown chart below to compare losses from any high point for LTHM.L and MP.

Drawdown Indicators

	LTHM.L	MP	Difference
Max Drawdown Largest peak-to-trough decline	-64.68%	-81.99%	+17.31%
Max Drawdown (1Y) Largest decline over 1 year	-18.10%	-53.79%	+35.69%
Max Drawdown (5Y) Largest decline over 5 years	-32.23%	-81.99%	+49.76%
Max Drawdown (10Y) Largest decline over 10 years	-48.56%	—	—
Current Drawdown Current decline from peak	-30.58%	-49.59%	+19.01%
Average Drawdown Average peak-to-trough decline	-11.38%	-42.81%	+31.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.30%	28.56%	-19.26%

Volatility

LTHM.L vs. MP - Volatility Comparison

The current volatility for James Latham plc (LTHM.L) is 6.08%, while MP Materials Corp. (MP) has a volatility of 20.19%. This indicates that LTHM.L experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LTHM.L	MP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.08%	20.19%	-14.11%
Volatility (6M) Calculated over the trailing 6-month period	19.34%	56.76%	-37.42%
Volatility (1Y) Calculated over the trailing 1-year period	23.80%	97.80%	-74.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.13%	68.10%	-43.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.32%	71.28%	-46.96%

Financials

LTHM.L vs. MP - Profitability Comparison

The chart below illustrates the profitability comparison between James Latham plc and MP Materials Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LTHM.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, James Latham plc reported a gross profit of 31.94M and revenue of 196.79M. Therefore, the gross margin over that period was 16.2%.

MP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 52.69M. Therefore, the gross margin over that period was 0.0%.

LTHM.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, James Latham plc reported an operating income of 11.11M and revenue of 196.79M, resulting in an operating margin of 5.7%.

MP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 52.69M, resulting in an operating margin of 0.0%.

LTHM.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, James Latham plc reported a net income of 9.66M and revenue of 196.79M, resulting in a net margin of 4.9%.

MP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MP Materials Corp. reported a net income of 9.43M and revenue of 52.69M, resulting in a net margin of 17.9%.