METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
78.5 CAD
-3.8 (-4.62%)
Last:
This MX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MX.CA Profitability Analysis
1.1 Basic Checks
- In the past year MX was profitable.
- In the past year MX had a positive cash flow from operations.
- MX had positive earnings in each of the past 5 years.
- Each year in the past 5 years MX had a positive operating cash flow.
1.2 Ratios
- MX has a better Return On Assets (1.10%) than 82.14% of its industry peers.
- MX has a Return On Equity of 3.27%. This is amongst the best in the industry. MX outperforms 82.14% of its industry peers.
- MX has a Return On Invested Capital of 5.67%. This is in the better half of the industry: MX outperforms 78.57% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.08%.
- The last Return On Invested Capital (5.67%) for MX is above the 3 year average (4.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 3.27% | ||
| ROIC | 5.67% |
ROA(3y)2.1%
ROA(5y)3.91%
ROE(3y)6.71%
ROE(5y)13.1%
ROIC(3y)4.75%
ROIC(5y)6.47%
1.3 Margins
- MX has a better Profit Margin (2.23%) than 82.14% of its industry peers.
- MX's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 12.90%, MX is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
- MX's Operating Margin has improved in the last couple of years.
- The Gross Margin of MX (25.33%) is better than 64.29% of its industry peers.
- In the last couple of years the Gross Margin of MX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.9% | ||
| PM (TTM) | 2.23% | ||
| GM | 25.33% |
OM growth 3Y4.13%
OM growth 5YN/A
PM growth 3Y-35.27%
PM growth 5YN/A
GM growth 3Y-2.97%
GM growth 5Y1.73%
2. MX.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MX is destroying value.
- The number of shares outstanding for MX has been increased compared to 1 year ago.
- Compared to 5 years ago, MX has more shares outstanding
- Compared to 1 year ago, MX has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.69, we must say that MX is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.69, MX is doing good in the industry, outperforming 67.86% of the companies in the same industry.
- MX has a debt to FCF ratio of 3.83. This is a good value and a sign of high solvency as MX would need 3.83 years to pay back of all of its debts.
- MX has a Debt to FCF ratio of 3.83. This is amongst the best in the industry. MX outperforms 92.86% of its industry peers.
- MX has a Debt/Equity ratio of 1.37. This is a high value indicating a heavy dependency on external financing.
- MX has a Debt to Equity ratio of 1.37. This is in the lower half of the industry: MX underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.5
WACC11.25%
2.3 Liquidity
- A Current Ratio of 2.06 indicates that MX has no problem at all paying its short term obligations.
- The Current ratio of MX (2.06) is better than 67.86% of its industry peers.
- A Quick Ratio of 1.37 indicates that MX should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.37, MX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.37 |
3. MX.CA Growth Analysis
3.1 Past
- MX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -41.13%.
- The earnings per share for MX have been decreasing by -22.69% on average. This is quite bad
- The Revenue has decreased by -3.51% in the past year.
- MX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.26% yearly.
EPS 1Y (TTM)-41.13%
EPS 3Y-22.69%
EPS 5YN/A
EPS Q2Q%-111.29%
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y-5.93%
Revenue growth 5Y6.26%
Sales Q2Q%2.09%
3.2 Future
- MX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.30% yearly.
- MX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.17% yearly.
EPS Next Y79.47%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue Next Year18.91%
Revenue Next 2Y4.63%
Revenue Next 3Y3.17%
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 accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 26.08, MX can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, MX is valued cheaper than 89.29% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.33. MX is around the same levels.
- With a Price/Forward Earnings ratio of 14.52, MX is valued correctly.
- 85.71% of the companies in the same industry are more expensive than MX, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of MX to the average of the S&P500 Index (38.16), we can say MX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.08 | ||
| Fwd PE | 14.52 |
4.2 Price Multiples
- 82.14% of the companies in the same industry are more expensive than MX, based on the Enterprise Value to EBITDA ratio.
- 96.43% of the companies in the same industry are more expensive than MX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.81 | ||
| EV/EBITDA | 8.25 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The excellent profitability rating of MX may justify a higher PE ratio.
- A more expensive valuation may be justified as MX's earnings are expected to grow with 19.30% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y37.19%
EPS Next 3Y19.3%
5. MX.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.32%, MX has a reasonable but not impressive dividend return.
- MX's Dividend Yield is a higher than the industry average which is at 1.93.
- MX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
- The dividend of MX is nicely growing with an annual growth rate of 9.39%!
- MX has paid a dividend for at least 10 years, which is a reliable track record.
- MX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.39%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
- MX pays out 67.05% of its income as dividend. This is not a sustainable payout ratio.
- MX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.05%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (4/14/2026, 7:00:00 PM)
78.5
-3.8 (-4.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)03-05 2026-03-05/amc
Earnings (Next)04-29 2026-04-29
Inst Owners70.72%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap6.07B
Revenue(TTM)3.59B
Net Income(TTM)79.87M
Analysts81.54
Price Target65.48 (-16.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend1.02
Dividend Growth(5Y)9.39%
DP67.05%
Div Incr Years0
Div Non Decr Years4
Ex-Date03-17 2026-03-17 (0.185)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-103.16%
Min EPS beat(2)-120.47%
Max EPS beat(2)-85.85%
EPS beat(4)1
Avg EPS beat(4)-5.68%
Min EPS beat(4)-120.47%
Max EPS beat(4)186.83%
EPS beat(8)5
Avg EPS beat(8)22.76%
EPS beat(12)9
Avg EPS beat(12)31.18%
EPS beat(16)12
Avg EPS beat(16)24.36%
Revenue beat(2)0
Avg Revenue beat(2)-8.72%
Min Revenue beat(2)-9.63%
Max Revenue beat(2)-7.81%
Revenue beat(4)0
Avg Revenue beat(4)-10.11%
Min Revenue beat(4)-14.78%
Max Revenue beat(4)-7.81%
Revenue beat(8)2
Avg Revenue beat(8)-5.66%
Revenue beat(12)5
Avg Revenue beat(12)-2.74%
Revenue beat(16)6
Avg Revenue beat(16)-2.32%
PT rev (1m)20.22%
PT rev (3m)25.39%
EPS NQ rev (1m)-26.95%
EPS NQ rev (3m)-56.91%
EPS NY rev (1m)7.49%
EPS NY rev (3m)14.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.6%
Revenue NY rev (1m)5.09%
Revenue NY rev (3m)5.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.08 | ||
| Fwd PE | 14.52 | ||
| P/S | 1.23 | ||
| P/FCF | 4.81 | ||
| P/OCF | 4.35 | ||
| P/B | 1.81 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.01
EY3.83%
EPS(NY)5.41
Fwd EY6.89%
FCF(TTM)16.31
FCFY20.77%
OCF(TTM)18.07
OCFY23.01%
SpS63.85
BVpS43.46
TBVpS43.46
PEG (NY)0.33
PEG (5Y)N/A
Graham Number54.2541 (-30.89%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 3.27% | ||
| ROCE | 7.06% | ||
| ROIC | 5.67% | ||
| ROICexc | 6.06% | ||
| ROICexgc | 6.06% | ||
| OM | 12.9% | ||
| PM (TTM) | 2.23% | ||
| GM | 25.33% | ||
| FCFM | 25.54% |
ROA(3y)2.1%
ROA(5y)3.91%
ROE(3y)6.71%
ROE(5y)13.1%
ROIC(3y)4.75%
ROIC(5y)6.47%
ROICexc(3y)5.28%
ROICexc(5y)7.53%
ROICexgc(3y)5.28%
ROICexgc(5y)7.53%
ROCE(3y)5.91%
ROCE(5y)8.06%
ROICexgc growth 3Y-9.55%
ROICexgc growth 5YN/A
ROICexc growth 3Y-9.55%
ROICexc growth 5YN/A
OM growth 3Y4.13%
OM growth 5YN/A
PM growth 3Y-35.27%
PM growth 5YN/A
GM growth 3Y-2.97%
GM growth 5Y1.73%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Debt/EBITDA | 3.69 | ||
| Cap/Depr | 22.2% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 2.34 | ||
| Cash Conversion | 111.71% | ||
| Profit Quality | 1147.53% | ||
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 1.69 |
F-Score5
WACC11.25%
ROIC/WACC0.5
Cap/Depr(3y)60.59%
Cap/Depr(5y)80.88%
Cap/Sales(3y)6.49%
Cap/Sales(5y)7.69%
Profit Quality(3y)537.5%
Profit Quality(5y)376.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-41.13%
EPS 3Y-22.69%
EPS 5YN/A
EPS Q2Q%-111.29%
EPS Next Y79.47%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y-5.93%
Revenue growth 5Y6.26%
Sales Q2Q%2.09%
Revenue Next Year18.91%
Revenue Next 2Y4.63%
Revenue Next 3Y3.17%
Revenue Next 5YN/A
EBIT growth 1Y42.61%
EBIT growth 3Y-2.04%
EBIT growth 5YN/A
EBIT Next Year124.4%
EBIT Next 3Y24.3%
EBIT Next 5YN/A
FCF growth 1Y62.77%
FCF growth 3Y30.76%
FCF growth 5Y50.35%
OCF growth 1Y37.76%
OCF growth 3Y0.94%
OCF growth 5Y17.11%
METHANEX CORP / MX.CA Fundamental Analysis FAQ
What is the fundamental rating for MX stock?
ChartMill assigns a fundamental rating of 6 / 10 to MX.CA.
Can you provide the valuation status for METHANEX CORP?
ChartMill assigns a valuation rating of 8 / 10 to METHANEX CORP (MX.CA). This can be considered as Undervalued.
How profitable is METHANEX CORP (MX.CA) stock?
METHANEX CORP (MX.CA) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for MX stock?
The Price/Earnings (PE) ratio for METHANEX CORP (MX.CA) is 26.08 and the Price/Book (PB) ratio is 1.81.
Can you provide the dividend sustainability for MX stock?
The dividend rating of METHANEX CORP (MX.CA) is 5 / 10 and the dividend payout ratio is 67.05%.