Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Lynas Rare Earths's share price for the quarter that ended in Dec. 2025 was A$12.44. Lynas Rare Earths's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,006.5 Mil. Therefore, Lynas Rare Earths's market cap for the quarter that ended in Dec. 2025 was A$12,520.9 Mil.
Lynas Rare Earths's quarterly market cap
increased
from Dec. 2024 (A$6,010.2 Mil) to Jun. 2025 (A$8,054.2 Mil) and
increased
from Jun. 2025 (A$8,054.2 Mil) to Dec. 2025 (A$12,520.9 Mil).
Lynas Rare Earths's annual market cap
declined
from Jun. 2023 (A$6,396.6 Mil) to Jun. 2024 (A$5,542.9 Mil) but then
increased
from Jun. 2024 (A$5,542.9 Mil) to Jun. 2025 (A$8,054.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Lynas Rare Earths's Enterprise Value for Today is A$18,647.7 Mil.
Lynas Rare Earths (ASX:LYC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Lynas Rare Earths Market Cap Related Terms
Lynas Rare Earths Market Cap Historical Data
* Premium members only.
The historical data trend for Lynas Rare Earths's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lynas Rare Earths Market Cap Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lynas Rare Earths Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lynas Rare Earths's Market Cap distribution charts can be found below:
* The bar in red indicates where Lynas Rare Earths's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Lynas Rare Earths's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lynas Rare Earths (ASX:LYC) has a Market Cap of A$19,465.8 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Lynas Rare Earths and its competitors. According to the industry distribution chart, Lynas Rare Earths ranks #63 out of 2687 companies in the Metals & Mining industry, placing it in the top 2.3%.
Is Lynas Rare Earths' Market Cap too high?
Lynas Rare Earths' current Market Cap is A$19,465.8 Mil. Based on the distribution chart, Lynas Rare Earths ranks #63 out of 2687 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lynas Rare Earths has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lynas Rare Earths' Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Lynas Rare Earths ranks #63 out of 2687 companies for Market Cap. This places Lynas Rare Earths in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 22.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 22.28, based on 2,687 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Lynas Rare Earths and its competitors. For the Metals & Mining industry, the median Market Cap is 22.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lynas Rare Earths's current Market Cap is A$19,465.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lynas Rare Earths stock overvalued right now?
Based on GuruFocus' analysis, Lynas Rare Earths (ASX:LYC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$13.70, compared to a current price of A$19.34 — trading 41.2% above its estimated fair value. The current Market Cap is A$19,465.8 Mil. Lynas Rare Earths' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Lynas Rare Earths (ASX:LYC), the current Market Cap is A$19,465.8 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lynas Rare Earths (ASX:LYC) Overvalued in 2026?
Based on GuruFocus' analysis, Lynas Rare Earths stock appears to be overvalued.
The current stock price of A$19.34 is trading 41.2% above its estimated GF Value™ of A$13.70.
GuruFocus considers Lynas Rare Earths to be Significantly Overvalued.
Key valuation signals for ASX:LYC:
Market Cap: A$19,465.8 Mil
GF Value™: A$13.70 vs. price of A$19.34 (41.2% above fair value)
No single metric tells the full story. See the ASX:LYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
78GF Score
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