METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
74 CAD
-3.51 (-4.53%)
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.
- Each year in the past 5 years MX has been profitable.
- 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 85.19% of its industry peers.
- MX's Return On Equity of 3.27% is amongst the best of the industry. MX outperforms 85.19% of its industry peers.
- MX's Return On Invested Capital of 5.67% is amongst the best of the industry. MX outperforms 85.19% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MX is in line with the industry average of 6.60%.
- The 3 year average ROIC (4.75%) for MX is below the current ROIC(5.67%), indicating increased profibility in the last year.
| 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 85.19% of its industry peers.
- In the last couple of years the Profit Margin of MX has declined.
- With an excellent Operating Margin value of 12.90%, MX belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
- In the last couple of years the Operating Margin of MX has grown nicely.
- The Gross Margin of MX (25.33%) 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 | 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.
- The number of shares outstanding for MX has been increased compared to 5 years ago.
- The debt/assets ratio for MX has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.68, we must say that MX is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.68, MX is doing good in the industry, outperforming 70.37% of the companies in the same industry.
- The Debt to FCF ratio of MX is 3.83, which is a good value as it means it would take MX, 3.83 years of fcf income to pay off all of its debts.
- MX has a better Debt to FCF ratio (3.83) than 92.59% 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.
- Looking at the Debt to Equity ratio, with a value of 1.37, MX is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.51
WACC11.2%
2.3 Liquidity
- A Current Ratio of 2.06 indicates that MX has no problem at all paying its short term obligations.
- MX has a Current ratio of 2.06. This is in the better half of the industry: MX outperforms 62.96% of its industry peers.
- MX has a Quick Ratio of 1.37. 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 of 1.37. This is in the better half of the industry: MX outperforms 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.37 |
3. MX.CA Growth Analysis
3.1 Past
- The earnings per share for MX have decreased strongly by -41.13% in the last year.
- Measured over the past years, MX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.69% on average per year.
- MX shows a decrease in Revenue. In the last year, the revenue decreased by -3.51%.
- The Revenue has been growing slightly by 6.26% on average over the past years.
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
- The Earnings Per Share is expected to grow by 6.11% on average over the next years.
- Based on estimates for the next years, MX will show a small growth in Revenue. The Revenue will grow by 6.99% on average per year.
EPS Next Y66.96%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
EPS Next 5YN/A
Revenue Next Year13.15%
Revenue Next 2Y6.99%
Revenue Next 3YN/A
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 stable: in the next years the growth will be about the same than in the last years.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 24.67 indicates a rather expensive valuation of MX.
- Compared to the rest of the industry, the Price/Earnings ratio of MX indicates a rather cheap valuation: MX is cheaper than 88.89% of the companies listed in the same industry.
- MX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.54, which is the current average of the S&P500 Index.
- MX is valuated correctly with a Price/Forward Earnings ratio of 14.75.
- 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 22.70. MX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.67 | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
- MX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MX is cheaper than 81.48% of the companies in the same industry.
- 100.00% 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 | 4.55 | ||
| EV/EBITDA | 8.15 |
4.3 Compensation for Growth
- MX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y37.05%
EPS Next 3Y6.11%
5. MX.CA Dividend Analysis
5.1 Amount
- MX has a Yearly Dividend Yield of 1.36%.
- MX's Dividend Yield is a higher than the industry average which is at 1.85.
- MX's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
- On average, the dividend of MX grows each year by 9.39%, which is quite nice.
- 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 Years3
Div Non Decr Years3
5.3 Sustainability
- 67.05% of the earnings are spent on dividend by MX. This is not a sustainable payout ratio.
- MX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.05%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (3/23/2026, 7:00:00 PM)
74
-3.51 (-4.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)03-05 2026-03-05/amc
Earnings (Next)04-28 2026-04-28
Inst Owners71.52%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap5.72B
Revenue(TTM)3.59B
Net Income(TTM)79.87M
Analysts81.54
Price Target54.47 (-26.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend1.01
Dividend Growth(5Y)9.39%
DP67.05%
Div Incr Years3
Div Non Decr Years3
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)8.98%
PT rev (3m)3.89%
EPS NQ rev (1m)-57.08%
EPS NQ rev (3m)-56.68%
EPS NY rev (1m)2.31%
EPS NY rev (3m)4%
Revenue NQ rev (1m)-10.61%
Revenue NQ rev (3m)-5.6%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.67 | ||
| Fwd PE | 14.75 | ||
| P/S | 1.16 | ||
| P/FCF | 4.55 | ||
| P/OCF | 4.11 | ||
| P/B | 1.71 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)3
EY4.05%
EPS(NY)5.02
Fwd EY6.78%
FCF(TTM)16.26
FCFY21.97%
OCF(TTM)18.01
OCFY24.34%
SpS63.65
BVpS43.33
TBVpS43.33
PEG (NY)0.37
PEG (5Y)N/A
Graham Number54.08
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 | 1.68 |
F-Score5
WACC11.2%
ROIC/WACC0.51
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 Y66.96%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y-5.93%
Revenue growth 5Y6.26%
Sales Q2Q%2.09%
Revenue Next Year13.15%
Revenue Next 2Y6.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y42.61%
EBIT growth 3Y-2.04%
EBIT growth 5YN/A
EBIT Next Year100.1%
EBIT Next 3Y22.63%
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.
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 grow by 66.96% in the next year.