METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
82.67 CAD
+0.51 (+0.62%)
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
- 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 each of the past 5 years.
- In the past 5 years MX always reported a positive cash flow from operatings.
1.2 Ratios
- MX's Return On Assets of 1.10% is amongst the best of the industry. MX outperforms 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.
- With a decent Return On Invested Capital value of 5.67%, MX is doing good in the industry, outperforming 78.57% 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 7.08%.
- 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
- Looking at the Profit Margin, with a value of 2.23%, MX belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
- In the last couple of years the Profit Margin of MX has declined.
- The Operating Margin of MX (12.90%) is better than 78.57% of its industry peers.
- MX's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 25.33%, MX is doing good in the industry, outperforming 64.29% 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 | 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.
- MX has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for MX has been increased compared to 5 years ago.
- Compared to 1 year ago, MX has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.73, we must say that MX is in the distress zone and has some risk of bankruptcy.
- MX has a better Altman-Z score (1.73) than 67.86% of its industry peers.
- 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.
- With an excellent Debt to FCF ratio value of 3.83, MX belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
- MX has a Debt/Equity ratio of 1.37. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of MX (1.37) is worse than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.49
WACC11.47%
2.3 Liquidity
- MX has a Current Ratio of 2.06. This indicates that MX is financially healthy and has no problem in meeting its short term obligations.
- MX has a Current ratio of 2.06. This is in the better half of the industry: MX outperforms 67.86% 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 better Quick ratio (1.37) than 71.43% of its industry peers.
| 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%.
- 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
- 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.
- Based on estimates for the next years, MX will show a small growth in Revenue. The Revenue will grow by 3.17% on average per year.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 27.65 indicates a quite expensive valuation of MX.
- Based on the Price/Earnings ratio, MX is valued cheaply inside the industry as 89.29% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MX to the average of the S&P500 Index (27.42), we can say MX is valued inline with the index average.
- A Price/Forward Earnings ratio of 15.39 indicates a correct valuation of MX.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MX indicates a rather cheap valuation: MX is cheaper than 85.71% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 22.24. MX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.65 | ||
| Fwd PE | 15.39 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MX indicates a rather cheap valuation: MX is cheaper than 96.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.1 | ||
| EV/EBITDA | 8.54 |
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.
- A more expensive valuation may be justified as MX's earnings are expected to grow with 19.30% in the coming years.
PEG (NY)0.35
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.
- Compared to an average industry Dividend Yield of 1.98, MX pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.81, MX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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 Years0
Div Non Decr Years4
5.3 Sustainability
- 67.05% of the earnings are spent on dividend by MX. This is not a sustainable payout ratio.
- The dividend of MX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP67.05%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (4/23/2026, 7:00:00 PM)
82.67
+0.51 (+0.62%)
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 Cap6.39B
Revenue(TTM)3.59B
Net Income(TTM)79.87M
Analysts81.54
Price Target65.48 (-20.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend1.01
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)-0.53%
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 | 27.65 | ||
| Fwd PE | 15.39 | ||
| P/S | 1.3 | ||
| P/FCF | 5.1 | ||
| P/OCF | 4.61 | ||
| P/B | 1.91 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | 8.54 |
EPS(TTM)2.99
EY3.62%
EPS(NY)5.37
Fwd EY6.5%
FCF(TTM)16.2
FCFY19.6%
OCF(TTM)17.95
OCFY21.71%
SpS63.44
BVpS43.19
TBVpS43.19
PEG (NY)0.35
PEG (5Y)N/A
Graham Number53.9006 (-34.8%)
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 | 1.73 |
F-Score5
WACC11.47%
ROIC/WACC0.49
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 7 / 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 27.65 and the Price/Book (PB) ratio is 1.91.
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%.