METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
64.98 CAD
-0.88 (-1.34%)
Overall MX gets a fundamental rating of 6 out of 10. We evaluated MX against 29 industry peers in the Chemicals industry. MX has an excellent profitability rating, but 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. 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.
- 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 82.76% of its industry peers.
- Looking at the Return On Equity, with a value of 8.31%, MX belongs to the top of the industry, outperforming 86.21% 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 86.21% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.56%.
- 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
- MX has a Profit Margin of 5.99%. This is amongst the best in the industry. MX outperforms 89.66% of its industry peers.
- MX's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 14.45%, MX belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
- In the last couple of years the Operating Margin of MX has grown nicely.
- MX's Gross Margin of 25.93% is fine compared to the rest of the industry. MX outperforms 65.52% of its industry peers.
- MX's Gross Margin has improved in the last couple of years.
| 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.
- MX has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for MX has been reduced compared to 5 years ago.
- The debt/assets ratio for MX is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.59, we must say that MX is in the distress zone and has some risk of bankruptcy.
- MX has a Altman-Z score of 1.59. This is in the better half of the industry: MX outperforms 68.97% 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 96.55% 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.
- MX's Debt to Equity ratio of 1.34 is on the low side compared to the rest of the industry. MX is outperformed by 68.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.51
WACC10.62%
2.3 Liquidity
- A Current Ratio of 2.09 indicates that MX has no problem at all paying its short term obligations.
- With a decent Current ratio value of 2.09, MX is doing good in the industry, outperforming 68.97% 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 Quick ratio of 1.33. This is in the better half of the industry: MX outperforms 68.97% 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.
- MX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.95% yearly.
- 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
- The Earnings Per Share is expected to decrease by -8.42% 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 3.53% on average per year.
EPS Next Y-13.98%
EPS Next 2Y-3.76%
EPS Next 3Y0.05%
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
- 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
- MX is valuated correctly with a Price/Earnings ratio of 13.13.
- 93.10% 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 27.33. MX is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 13.59, the valuation of MX can be described as correct.
- MX's Price/Forward Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 82.76% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, MX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.13 | ||
| Fwd PE | 13.59 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MX indicates a rather cheap valuation: MX is cheaper than 82.76% of the companies listed in the same industry.
- 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 | 3.9 | ||
| EV/EBITDA | 7.41 |
4.3 Compensation for Growth
- MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y-3.76%
EPS Next 3Y0.05%
5. Dividend
5.1 Amount
- MX has a Yearly Dividend Yield of 1.69%.
- MX's Dividend Yield is a higher than the industry average which is at 2.23.
- Compared to an average S&P500 Dividend Yield of 1.91, MX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
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
- 24.20% of the earnings are spent on dividend by MX. This is a low number and sustainable payout ratio.
- MX's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP24.2%
EPS Next 2Y-3.76%
EPS Next 3Y0.05%
TSX:MX (1/14/2026, 7:00:00 PM)
64.98
-0.88 (-1.34%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners69.22%
Inst Owner ChangeN/A
Ins Owners0.6%
Ins Owner ChangeN/A
Market Cap5.03B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.22 (-19.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Yearly Dividend1.03
Dividend Growth(5Y)-12.05%
DP24.2%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)-0.39%
PT rev (3m)-0.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.39%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-5.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.13 | ||
| Fwd PE | 13.59 | ||
| P/S | 1.01 | ||
| P/FCF | 3.9 | ||
| P/OCF | 3.43 | ||
| P/B | 1.41 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 7.41 |
EPS(TTM)4.95
EY7.62%
EPS(NY)4.78
Fwd EY7.36%
FCF(TTM)16.65
FCFY25.62%
OCF(TTM)18.97
OCFY29.19%
SpS64.04
BVpS46.12
TBVpS46.12
PEG (NY)N/A
PEG (5Y)0.41
Graham Number71.67
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 | 1.59 |
F-Score6
WACC10.62%
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-13.98%
EPS Next 2Y-3.76%
EPS Next 3Y0.05%
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 -13.98% in the next year.