Lynas Rare Earths Ltd LYI

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LYI is trading at a LOCK|Tk^D premium.
Price
€8.60
Fair Value
LOCK|&?m$@^
Uncertainty
LOCK|%l @?Y<M
1-Star Price
LOCK|$^cp%&
5-Star Price
LOCK|tg<f<%>
Economic Moat
LOCK|qv@G
Capital Allocation
—

News

Trading Information

Previous Close Price
—
Day Range
—–—
52-Week Range
—–—
Bid/Ask
— / —
Shares Outstanding
1.01B
Market Cap
—
Volume/Avg
— / —

Key Statistics

Price/Earnings (Normalized)
59.15
Price/Sales
13.93
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Lynas is the largest rare-earth producer outside China. It owns the high-grade Mount Weld deposit in Western Australia and rare-earth processing facilities in Kalgoorlie and Malaysia. We estimate that Mount Weld is the world’s lowest-cost producer of separated neodymium and praseodymium, light rare-earth materials, which are sold to customers in the form of neodymium-praseodymium oxide with a mine life exceeding 20 years. As of December 2025, Lynas is also the only producer of separated heavy rare-earth dysprosium and terbium outside China. The company is further expanding NdPr capacity while diversifying into producing additional separated rare-earth materials, including samarium. It also intends to move downstream into rare-earth metal and magnet production.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Large Growth
Total Number of Employees
25

Competitors

Valuation

Metric
LYI
IGO
PLS
Price/Earnings (Normalized)
59.1555.2120.58
Price/Book Value
3.762.182.93
Price/Sales
13.9310.967.83
Price/Cash Flow
43.3937.169.13
Price/Earnings
LYI
IGO
PLS

Financial Strength

Metric
LYI
IGO
PLS
Quick Ratio
7.814.773.01
Current Ratio
9.355.463.25
Interest Coverage
8.3015.967.99
Quick Ratio
LYI
IGO
PLS

Profitability

Metric
LYI
IGO
PLS
Return on Assets (Normalized)
6.25%4.61%10.38%
Return on Equity (Normalized)
7.65%5.12%14.50%
Return on Invested Capital (Normalized)
6.84%4.89%12.01%
Return on Assets
LYI
IGO
PLS

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