METHANEX CORP (MX.CA) Stock Fundamental Analysis
TSX:MX • CA59151K1084
65.52 CAD
-1.4 (-2.09%)
Last: Feb 12, 2026, 07:00 PM
Taking everything into account, MX scores 6 out of 10 in our fundamental rating. MX was compared to 25 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 is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make MX suitable for value investing!
1. Profitability
1.1 Basic Checks
- MX had positive earnings in the past year.
- MX had a positive operating cash flow in the past year.
- MX had positive earnings in 4 of the past 5 years.
- 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 80.00% of its industry peers.
- MX's Return On Equity of 8.31% is amongst the best of the industry. MX outperforms 84.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 5.46%, MX belongs to the top of the industry, outperforming 84.00% 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 7.97%.
- 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 88.00% of the companies in the same industry.
- MX's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 14.45%, MX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of MX has grown nicely.
- MX has a Gross Margin of 25.93%. This is in the better half of the industry: MX outperforms 64.00% 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MX is destroying value.
- The number of shares outstanding for MX remains at a similar level compared to 1 year ago.
- MX has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for MX is higher compared to a year ago.
2.2 Solvency
- MX has an Altman-Z score of 1.60. This is a bad value and indicates that MX is not financially healthy and even has some risk of bankruptcy.
- MX's Altman-Z score of 1.60 is fine compared to the rest of the industry. MX outperforms 64.00% 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.
- Looking at the Debt to FCF ratio, with a value of 3.90, MX belongs to the top of the industry, outperforming 96.00% 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.
- The Debt to Equity ratio of MX (1.34) is worse than 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.51
WACC10.75%
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's Current ratio of 2.09 is fine compared to the rest of the industry. MX outperforms 68.00% of its industry peers.
- A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.33, MX is doing good in the industry, outperforming 68.00% of the companies in the same industry.
| 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.
- 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
- Based on estimates for the next years, MX will show a decrease in Earnings Per Share. The EPS will decrease by -8.42% on average per year.
- Based on estimates for the next years, MX will show a small growth in Revenue. The Revenue will grow by 3.53% on average per year.
EPS Next Y-14.63%
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
EPS Next 5Y-8.42%
Revenue Next Year-2.72%
Revenue Next 2Y4.64%
Revenue Next 3Y3.53%
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
- With a Price/Earnings ratio of 13.51, MX is valued correctly.
- Based on the Price/Earnings ratio, MX is valued cheaper than 92.00% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MX to the average of the S&P500 Index (27.97), we can say MX is valued rather cheaply.
- MX is valuated correctly with a Price/Forward Earnings ratio of 13.50.
- Based on the Price/Forward Earnings ratio, MX is valued cheaper than 84.00% of the companies in the same industry.
- MX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 13.5 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MX is valued cheaply inside the industry as 84.00% 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 | 4.02 | ||
| EV/EBITDA | 7.49 |
4.3 Compensation for Growth
- The excellent profitability rating of MX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.42
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- MX has a Yearly Dividend Yield of 1.64%.
- MX's Dividend Yield is a higher than the industry average which is at 2.15.
- MX's Dividend Yield is comparable with the S&P500 average which is at 1.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
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-1.98%
EPS Next 3Y3.13%
TSX:MX (2/12/2026, 7:00:00 PM)
65.52
-1.4 (-2.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)03-05 2026-03-05/amc
Inst Owners69.22%
Inst Owner ChangeN/A
Ins Owners0.6%
Ins Owner ChangeN/A
Market Cap5.07B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target49.98 (-23.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend1.01
Dividend Growth(5Y)-12.05%
DP24.2%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-17 2026-03-17 (0.185)
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)-4.3%
PT rev (3m)-4.67%
EPS NQ rev (1m)-5.65%
EPS NQ rev (3m)-4.19%
EPS NY rev (1m)-0.75%
EPS NY rev (3m)-5.23%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 13.5 | ||
| P/S | 1.05 | ||
| P/FCF | 4.02 | ||
| P/OCF | 3.53 | ||
| P/B | 1.45 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 7.49 |
EPS(TTM)4.85
EY7.4%
EPS(NY)4.85
Fwd EY7.41%
FCF(TTM)16.29
FCFY24.87%
OCF(TTM)18.57
OCFY28.34%
SpS62.69
BVpS45.14
TBVpS45.14
PEG (NY)N/A
PEG (5Y)0.42
Graham Number70.18
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 | 1.6 |
F-Score6
WACC10.75%
ROIC/WACC0.51
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-14.63%
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
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-2.72%
Revenue Next 2Y4.64%
Revenue Next 3Y3.53%
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 for MX stock?
ChartMill assigns a valuation rating of 7 / 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 financial health of METHANEX CORP (MX.CA) stock?
The financial health rating of METHANEX CORP (MX.CA) is 5 / 10.
What is the earnings growth outlook for METHANEX CORP?
The Earnings per Share (EPS) of METHANEX CORP (MX.CA) is expected to decline by -14.63% in the next year.