EMAT vs USAR
EMAT: A vertically integrated rare earth and battery materials recycler using urban mining and proprietary automation to build a secure domestic supply chain for critical minerals. USAR: USA Rare Earth is building a vertically integrated, domestic supply chain for rare earth elements, metals, and permanent magnets to support national security and critical technology sectors.
Side-by-side fundamentals
| Metric | EMAT | USAR | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $5.50 | $15.82 | |
| Market cap as of 2026-07-23 | $3.4B | $3.9B | |
| PEG as of 2026-07-23 | -0.02 | n/a | |
| Net margin as of 2026-07-23 | n/a | -18110.7% | |
| Gross margin as of 2026-07-23 | n/a | +11.9% | |
| Operating margin as of 2026-07-23 | n/a | -3622.3% | |
| ROE as of 2026-07-23 | -86.5% | -9.8% | USAR higher |
| ROA as of 2026-07-23 | -18.9% | -50.0% | EMAT higher |
| Debt / equity as of 2026-07-23 | 5.49 | 0.00 | USAR lower |
| Beta as of 2026-07-23 | 0.05 | 2.60 | |
| 1-year return as of 2026-07-22 close | -51.4% | +21.6% | USAR higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.