METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - TSX:MX - CA59151K1084 - Common Stock
51.6 CAD
-1.13 (-2.14%)
MX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 27 industry peers in the Chemicals industry. While MX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MX may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, MX could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year MX was profitable.
In the past year MX had a positive cash flow from operations.
Of the past 5 years MX 4 years were profitable.
In the past 5 years MX always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 2.84%, MX belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
MX's Return On Equity of 8.31% is amongst the best of the industry. MX outperforms 84.62% of its industry peers.
MX's Return On Invested Capital of 5.46% is amongst the best of the industry. MX outperforms 80.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.61%.
The 3 year average ROIC (4.64%) for MX is below the current ROIC(5.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.84% | ||
| ROE | 8.31% | ||
| ROIC | 5.46% |
ROA(3y)3.51%
ROA(5y)3.14%
ROE(3y)11.2%
ROE(5y)9.72%
ROIC(3y)4.64%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.99%, MX belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
MX's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 14.45%, MX belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
MX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 25.93%, MX is in the better half of the industry, outperforming 65.38% of the companies in the same industry.
MX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.45% | ||
| PM (TTM) | 5.99% | ||
| GM | 25.93% |
OM growth 3Y-18.5%
OM growth 5Y15.49%
PM growth 3Y-26.11%
PM growth 5Y10.52%
GM growth 3Y0.81%
GM growth 5Y5.2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MX is destroying value.
Compared to 1 year ago, MX has about the same amount of shares outstanding.
MX has less shares outstanding than it did 5 years ago.
MX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.50, we must say that MX is in the distress zone and has some risk of bankruptcy.
MX has a better Altman-Z score (1.50) than 61.54% of its industry peers.
MX has a debt to FCF ratio of 3.90. This is a good value and a sign of high solvency as MX would need 3.90 years to pay back of all of its debts.
MX's Debt to FCF ratio of 3.90 is amongst the best of the industry. MX outperforms 96.15% of its industry peers.
A Debt/Equity ratio of 1.34 is on the high side and indicates that MX has dependencies on debt financing.
MX's Debt to Equity ratio of 1.34 is on the low side compared to the rest of the industry. MX is outperformed by 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.5 |
ROIC/WACC0.75
WACC7.32%
2.3 Liquidity
A Current Ratio of 2.09 indicates that MX has no problem at all paying its short term obligations.
MX's Current ratio of 2.09 is fine compared to the rest of the industry. MX outperforms 61.54% of its industry peers.
MX has a Quick Ratio of 1.33. This is a normal value and indicates that MX is financially healthy and should not expect problems in meeting its short term obligations.
MX has a Quick ratio (1.33) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
MX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.00%, which is quite good.
MX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.95% yearly.
The Revenue has decreased by -3.36% in the past year.
The Revenue has been growing slightly by 2.53% on average over the past years.
EPS 1Y (TTM)19%
EPS 3Y-14.87%
EPS 5Y31.95%
EPS Q2Q%-95.04%
Revenue 1Y (TTM)-3.36%
Revenue growth 3Y-5.55%
Revenue growth 5Y2.53%
Sales Q2Q%-0.79%
3.2 Future
The Earnings Per Share is expected to decrease by -8.42% on average over the next years.
The Revenue is expected to grow by 3.81% on average over the next years.
EPS Next Y-9.92%
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
EPS Next 5Y-8.42%
Revenue Next Year-2.64%
Revenue Next 2Y4.75%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
MX is valuated reasonably with a Price/Earnings ratio of 10.30.
MX's Price/Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 96.15% of the companies in the same industry.
MX is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.29, the valuation of MX can be described as reasonable.
Based on the Price/Forward Earnings ratio, MX is valued cheaply inside the industry as 88.46% of the companies are valued more expensively.
MX is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.3 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
MX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MX is cheaper than 88.46% of the companies in the same industry.
MX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MX is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.07 | ||
| EV/EBITDA | 6.53 |
4.3 Compensation for Growth
MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
5. Dividend
5.1 Amount
MX has a Yearly Dividend Yield of 2.01%. Purely for dividend investing, there may be better candidates out there.
MX's Dividend Yield is a higher than the industry average which is at 5.46.
Compared to an average S&P500 Dividend Yield of 2.44, MX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
5.2 History
The dividend of MX decreases each year by -12.05%.
MX has been paying a dividend for at least 10 years, so it has a reliable track record.
MX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-12.05%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
24.20% of the earnings are spent on dividend by MX. This is a low number and sustainable payout ratio.
The Dividend Rate of MX has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP24.2%
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
TSX:MX (11/14/2025, 7:00:00 PM)
51.6
-1.13 (-2.14%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners67.17%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap3.99B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.43 (1.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.01% |
Yearly Dividend1.04
Dividend Growth(5Y)-12.05%
DP24.2%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)50.49%
Min EPS beat(2)-85.85%
Max EPS beat(2)186.83%
EPS beat(4)2
Avg EPS beat(4)27.34%
Min EPS beat(4)-85.85%
Max EPS beat(4)186.83%
EPS beat(8)6
Avg EPS beat(8)45.19%
EPS beat(12)10
Avg EPS beat(12)44.37%
EPS beat(16)12
Avg EPS beat(16)31.74%
Revenue beat(2)0
Avg Revenue beat(2)-8.02%
Min Revenue beat(2)-8.23%
Max Revenue beat(2)-7.81%
Revenue beat(4)0
Avg Revenue beat(4)-9.78%
Min Revenue beat(4)-14.78%
Max Revenue beat(4)-7.81%
Revenue beat(8)3
Avg Revenue beat(8)-4.05%
Revenue beat(12)5
Avg Revenue beat(12)-2%
Revenue beat(16)6
Avg Revenue beat(16)-1.78%
PT rev (1m)0%
PT rev (3m)3.21%
EPS NQ rev (1m)0.67%
EPS NQ rev (3m)-8.3%
EPS NY rev (1m)-8.27%
EPS NY rev (3m)-11.29%
Revenue NQ rev (1m)-3.91%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-5.19%
Revenue NY rev (3m)-7.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.3 | ||
| Fwd PE | 10.29 | ||
| P/S | 0.8 | ||
| P/FCF | 3.07 | ||
| P/OCF | 2.69 | ||
| P/B | 1.11 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 6.53 |
EPS(TTM)5.01
EY9.71%
EPS(NY)5.01
Fwd EY9.72%
FCF(TTM)16.82
FCFY32.59%
OCF(TTM)19.16
OCFY37.14%
SpS64.71
BVpS46.59
TBVpS46.59
PEG (NY)N/A
PEG (5Y)0.32
Graham Number72.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.84% | ||
| ROE | 8.31% | ||
| ROCE | 7.58% | ||
| ROIC | 5.46% | ||
| ROICexc | 5.81% | ||
| ROICexgc | 5.81% | ||
| OM | 14.45% | ||
| PM (TTM) | 5.99% | ||
| GM | 25.93% | ||
| FCFM | 25.99% |
ROA(3y)3.51%
ROA(5y)3.14%
ROE(3y)11.2%
ROE(5y)9.72%
ROIC(3y)4.64%
ROIC(5y)N/A
ROICexc(3y)5.37%
ROICexc(5y)N/A
ROICexgc(3y)5.37%
ROICexgc(5y)N/A
ROCE(3y)6.45%
ROCE(5y)N/A
ROICexgc growth 3Y-27.29%
ROICexgc growth 5Y14.09%
ROICexc growth 3Y-27.29%
ROICexc growth 5Y14.09%
OM growth 3Y-18.5%
OM growth 5Y15.49%
PM growth 3Y-26.11%
PM growth 5Y10.52%
GM growth 3Y0.81%
GM growth 5Y5.2%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | 31.59% | ||
| Cap/Sales | 3.63% | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | 114.22% | ||
| Profit Quality | 434.11% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 1.5 |
F-Score6
WACC7.32%
ROIC/WACC0.75
Cap/Depr(3y)104.87%
Cap/Depr(5y)95.59%
Cap/Sales(3y)10.04%
Cap/Sales(5y)9.71%
Profit Quality(3y)193.63%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19%
EPS 3Y-14.87%
EPS 5Y31.95%
EPS Q2Q%-95.04%
EPS Next Y-9.92%
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
EPS Next 5Y-8.42%
Revenue 1Y (TTM)-3.36%
Revenue growth 3Y-5.55%
Revenue growth 5Y2.53%
Sales Q2Q%-0.79%
Revenue Next Year-2.64%
Revenue Next 2Y4.75%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
EBIT growth 1Y105.99%
EBIT growth 3Y-23.02%
EBIT growth 5Y18.41%
EBIT Next Year172.44%
EBIT Next 3Y50.66%
EBIT Next 5Y29.76%
FCF growth 1Y478.85%
FCF growth 3Y-9.07%
FCF growth 5Y24.08%
OCF growth 1Y51.94%
OCF growth 3Y-9.49%
OCF growth 5Y7.42%
METHANEX CORP / MX.CA FAQ
What is the fundamental rating for MX stock?
ChartMill assigns a fundamental rating of 6 / 10 to MX.CA.
What is the valuation status of METHANEX CORP (MX.CA) stock?
ChartMill assigns a valuation rating of 8 / 10 to METHANEX CORP (MX.CA). This can be considered as Undervalued.
What is the profitability of MX stock?
METHANEX CORP (MX.CA) has a profitability rating of 8 / 10.
What is the valuation of METHANEX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for METHANEX CORP (MX.CA) is 10.3 and the Price/Book (PB) ratio is 1.11.
How financially healthy is METHANEX CORP?
The financial health rating of METHANEX CORP (MX.CA) is 5 / 10.