METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
52.06 CAD
+1.81 (+3.6%)
Taking everything into account, MX scores 6 out of 10 in our fundamental rating. MX was compared to 27 industry peers in the Chemicals industry. MX scores excellent on profitability, but 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.
MX had a positive operating cash flow in the past year.
Of the past 5 years MX 4 years were profitable.
MX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MX has a better Return On Assets (2.84%) than 81.48% of its industry peers.
With an excellent Return On Equity value of 8.31%, MX belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
With an excellent Return On Invested Capital value of 5.46%, MX belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MX is below the industry average of 7.60%.
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
Looking at the Profit Margin, with a value of 5.99%, MX belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
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.
In the last couple of years the Operating Margin of MX has grown nicely.
The Gross Margin of MX (25.93%) is better than 62.96% of its industry peers.
In the last couple of years the Gross Margin of MX has grown nicely.
| 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.
The number of shares outstanding for MX remains at a similar level compared to 1 year ago.
Compared to 5 years ago, MX has less shares outstanding
MX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that MX is in the distress zone and has some risk of bankruptcy.
MX's Altman-Z score of 1.49 is in line compared to the rest of the industry. MX outperforms 59.26% 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.
MX has a better Debt to FCF ratio (3.90) than 96.30% of its industry peers.
MX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.34, MX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.73
WACC7.49%
2.3 Liquidity
MX has a Current Ratio of 2.09. This indicates that MX is financially healthy and has no problem in meeting its short term obligations.
MX has a Current ratio of 2.09. This is in the better half of the industry: MX outperforms 62.96% of its industry peers.
A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
MX has a Quick ratio of 1.33. This is in the better half of the industry: MX outperforms 62.96% of 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.
The Earnings Per Share has been growing by 31.95% on average over the past years. This is a very strong growth
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
The Earnings Per Share is expected to decrease by -8.42% on average over the next years.
MX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.81% yearly.
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.
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 10.41 indicates a reasonable valuation of MX.
Based on the Price/Earnings ratio, MX is valued cheaply inside the industry as 96.30% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MX to the average of the S&P500 Index (26.15), we can say MX is valued rather cheaply.
MX is valuated reasonably with a Price/Forward Earnings ratio of 10.40.
88.89% 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 (36.22), we can say MX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 10.4 |
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.
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 | 3.1 | ||
| EV/EBITDA | 6.49 |
4.3 Compensation for Growth
MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.16%, MX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.36, MX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, MX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
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-1.96%
EPS Next 3Y-0.22%
TSX:MX (12/2/2025, 7:00:00 PM)
52.06
+1.81 (+3.6%)
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 Cap4.03B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.43 (0.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
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)0.22%
EPS NQ rev (3m)-6.68%
EPS NY rev (1m)-8.27%
EPS NY rev (3m)-8.1%
Revenue NQ rev (1m)-8.9%
Revenue NQ rev (3m)-1.57%
Revenue NY rev (1m)-5.19%
Revenue NY rev (3m)-4.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 10.4 | ||
| P/S | 0.81 | ||
| P/FCF | 3.1 | ||
| P/OCF | 2.72 | ||
| P/B | 1.12 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | 6.49 |
EPS(TTM)5
EY9.6%
EPS(NY)5.01
Fwd EY9.62%
FCF(TTM)16.8
FCFY32.27%
OCF(TTM)19.14
OCFY36.77%
SpS64.63
BVpS46.54
TBVpS46.54
PEG (NY)N/A
PEG (5Y)0.33
Graham Number72.36
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 | 1.49 |
F-Score6
WACC7.49%
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-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 10.41 and the Price/Book (PB) ratio is 1.12.
How financially healthy is METHANEX CORP?
The financial health rating of METHANEX CORP (MX.CA) is 5 / 10.