METHANEX CORP (MX.CA) Stock Fundamental Analysis
TSX:MX • CA59151K1084
66.92 CAD
+0.53 (+0.8%)
Last: Feb 11, 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on MX. With these ratings, MX could be worth investigating further 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.
- 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
- Looking at the Return On Assets, with a value of 2.84%, MX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- With an excellent Return On Equity value of 8.31%, MX belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
- MX has a Return On Invested Capital of 5.46%. This is amongst the best in the industry. MX outperforms 84.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.97%.
- 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 88.00% of the companies in the same industry.
- MX's Profit Margin has improved in the last couple of years.
- MX has a Operating Margin of 14.45%. This is in the better half of the industry: MX outperforms 80.00% 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 64.00% of the companies in the same industry.
- 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
- 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.
- MX has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.61, we must say that MX is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.61, MX is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
- 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 96.00% of its industry peers.
- 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 | 1.61 |
ROIC/WACC0.5
WACC10.81%
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.
- With a decent Current ratio value of 2.09, MX is doing good in the industry, outperforming 68.00% of the companies in the same industry.
- MX has a Quick Ratio of 1.33. 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 better Quick ratio (1.33) than 68.00% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 31.95% on average over the past years. This is a very strong growth
- MX shows a decrease in Revenue. In the last year, the revenue decreased by -3.36%.
- 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.
- 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
- A Price/Earnings ratio of 13.83 indicates a correct valuation of MX.
- 92.00% of the companies in the same industry are more expensive than MX, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.18. MX is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 13.81, which indicates a correct valuation of MX.
- Based on the Price/Forward Earnings ratio, MX is valued cheaply inside the industry as 84.00% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 28.01. MX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.83 | ||
| Fwd PE | 13.81 |
4.2 Price Multiples
- MX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MX is cheaper than 84.00% 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 | 4.11 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
- MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- MX has a Yearly Dividend Yield of 1.64%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.15, MX pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, MX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
5.2 History
- The dividend of MX decreases each year by -12.05%.
- 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)-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 (2/11/2026, 7:00:00 PM)
66.92
+0.53 (+0.8%)
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 Cap5.18B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target49.98 (-25.31%)
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 | 13.83 | ||
| Fwd PE | 13.81 | ||
| P/S | 1.07 | ||
| P/FCF | 4.11 | ||
| P/OCF | 3.61 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)4.84
EY7.23%
EPS(NY)4.85
Fwd EY7.24%
FCF(TTM)16.27
FCFY24.31%
OCF(TTM)18.54
OCFY27.7%
SpS62.59
BVpS45.07
TBVpS45.07
PEG (NY)N/A
PEG (5Y)0.43
Graham Number70.06
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 | 1.61 |
F-Score6
WACC10.81%
ROIC/WACC0.5
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.