METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
54.14 CAD
+1.55 (+2.95%)
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 has a great profitability rating, there are some minor concerns on its financial health. MX is valued quite cheap, while showing a decent growth score. This is a good combination! This makes MX very considerable for value investing!
1. Profitability
1.1 Basic Checks
MX had positive earnings in the past year.
In the past year MX had a positive cash flow from operations.
Of the past 5 years MX 4 years were profitable.
Each year in the past 5 years MX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MX (2.84%) is better than 81.48% of its industry peers.
The Return On Equity of MX (8.31%) is better than 85.19% of its industry peers.
MX has a better Return On Invested Capital (5.46%) than 85.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.57%.
The last Return On Invested Capital (5.46%) for MX is above the 3 year average (4.64%), which is a sign of increasing profitability.
| 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
MX has a better Profit Margin (5.99%) than 88.89% of its industry peers.
MX's Profit Margin has improved in the last couple of years.
The Operating Margin of MX (14.45%) is better than 81.48% of its industry peers.
MX's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 25.93%, MX is doing good in the industry, outperforming 62.96% 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
MX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MX has about the same amount of shares outstanding.
The number of shares outstanding for MX has been reduced compared to 5 years ago.
The debt/assets ratio for MX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.51, we must say that MX is in the distress zone and has some risk of bankruptcy.
MX has a Altman-Z score of 1.51. This is in the better half of the industry: MX outperforms 66.67% of its industry peers.
The Debt to FCF ratio of MX is 3.90, which is a good value as it means it would take MX, 3.90 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.90, MX belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
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 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.51 |
ROIC/WACC0.73
WACC7.43%
2.3 Liquidity
A Current Ratio of 2.09 indicates that MX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.09, MX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.33, MX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.00% over the past year.
MX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.95% yearly.
Looking at the last year, MX shows a decrease in Revenue. The Revenue has decreased by -3.36% in the last year.
MX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.53% yearly.
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
MX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.42% yearly.
The Revenue is expected to grow by 3.55% on average over the next years.
EPS Next Y-13.98%
EPS Next 2Y-2.78%
EPS Next 3Y0.28%
EPS Next 5Y-8.42%
Revenue Next Year-2.74%
Revenue Next 2Y4.75%
Revenue Next 3Y3.55%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.98 indicates a reasonable valuation of MX.
MX's Price/Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 96.30% of the companies in the same industry.
MX is valuated cheaply when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.15, the valuation of MX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MX is valued cheaper than 88.89% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.52. MX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.98 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MX is valued cheaply inside the industry as 85.19% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MX indicates a rather cheap valuation: MX is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.27 | ||
| EV/EBITDA | 6.64 |
4.3 Compensation for Growth
MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.34
EPS Next 2Y-2.78%
EPS Next 3Y0.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.03%, MX has a reasonable but not impressive dividend return.
MX's Dividend Yield is a higher than the industry average which is at 6.33.
MX's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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
MX pays out 24.20% of its income as dividend. This is a 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-2.78%
EPS Next 3Y0.28%
TSX:MX (12/9/2025, 7:00:00 PM)
54.14
+1.55 (+2.95%)
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 Cap4.19B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.43 (-3.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend1.03
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)1.55%
EPS NQ rev (3m)0.88%
EPS NY rev (1m)-4.51%
EPS NY rev (3m)-12.24%
Revenue NQ rev (1m)-1.39%
Revenue NQ rev (3m)-1.39%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-4.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.98 | ||
| Fwd PE | 11.15 | ||
| P/S | 0.85 | ||
| P/FCF | 3.27 | ||
| P/OCF | 2.87 | ||
| P/B | 1.18 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 6.64 |
EPS(TTM)4.93
EY9.11%
EPS(NY)4.85
Fwd EY8.96%
FCF(TTM)16.56
FCFY30.59%
OCF(TTM)18.87
OCFY34.85%
SpS63.71
BVpS45.88
TBVpS45.88
PEG (NY)N/A
PEG (5Y)0.34
Graham Number71.34
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 | 1.51 |
F-Score6
WACC7.43%
ROIC/WACC0.73
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-13.98%
EPS Next 2Y-2.78%
EPS Next 3Y0.28%
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-2.74%
Revenue Next 2Y4.75%
Revenue Next 3Y3.55%
Revenue Next 5YN/A
EBIT growth 1Y105.99%
EBIT growth 3Y-23.02%
EBIT growth 5Y18.41%
EBIT Next Year163.2%
EBIT Next 3Y46.67%
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 10.98 and the Price/Book (PB) ratio is 1.18.
How financially healthy is METHANEX CORP?
The financial health rating of METHANEX CORP (MX.CA) is 5 / 10.