METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
68.49 CAD
-3.45 (-4.8%)
Last: Mar 10, 2026, 07:00 PM
This MX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
MX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 28 industry peers in the Chemicals industry. MX scores excellent on profitability, but there are some minor concerns on its financial health. MX has a bad growth rate and is valued cheaply. These ratings could make MX a good candidate for value investing.
1. MX.CA Profitability Analysis
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.
- MX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- MX has a better Return On Assets (2.84%) than 82.14% of its industry peers.
- With an excellent Return On Equity value of 8.31%, MX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
- MX has a better Return On Invested Capital (5.46%) than 82.14% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MX is below the industry average of 7.02%.
- 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
- MX has a better Profit Margin (5.99%) than 82.14% of its industry peers.
- In the last couple of years the Profit Margin of MX has grown nicely.
- MX's Operating Margin of 14.45% is amongst the best of the industry. MX outperforms 82.14% of its industry peers.
- MX's Operating Margin has improved in the last couple of years.
- MX has a better Gross Margin (25.93%) than 64.29% 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. MX.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MX is destroying value.
- There is no outstanding debt for MX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- MX has an Altman-Z score of 1.65. This is a bad value and indicates that MX is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.65, MX is in the better half of the industry, outperforming 67.86% 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.
- The Debt to FCF ratio of MX (3.90) is better than 92.86% 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.
- 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 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.5
WACC10.88%
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 64.29% of the companies in the same industry.
- 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 67.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.33 |
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.
EPS 1Y (TTM)-41.13%
EPS 3Y-22.69%
EPS 5YN/A
EPS Q2Q%-111.29%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- MX is valuated rather expensively with a Price/Earnings ratio of 23.06.
- MX's Price/Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 89.29% of the companies in the same industry.
- MX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.25, which is the current average of the S&P500 Index.
- MX is valuated correctly with a Price/Forward Earnings ratio of 13.80.
- 89.29% of the companies in the same industry are more expensive than MX, based on the Price/Forward Earnings ratio.
- MX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.06 | ||
| Fwd PE | 13.8 |
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.
- MX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MX is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.21 | ||
| EV/EBITDA | 7.89 |
4.3 Compensation for Growth
- The 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)0.34
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 2.02.
- Compared to the average S&P500 Dividend Yield of 1.82, MX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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.
DP24.2%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (3/10/2026, 7:00:00 PM)
68.49
-3.45 (-4.8%)
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 Cap5.30B
Revenue(TTM)N/A
Net Income(TTM)213.70M
Analysts81.54
Price Target54.47 (-20.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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)8.98%
PT rev (3m)3.89%
EPS NQ rev (1m)-8.2%
EPS NQ rev (3m)-13.39%
EPS NY rev (1m)-2.76%
EPS NY rev (3m)-3.49%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.47%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.06 | ||
| Fwd PE | 13.8 | ||
| P/S | 1.09 | ||
| P/FCF | 4.21 | ||
| P/OCF | 3.69 | ||
| P/B | 1.52 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | 7.89 |
EPS(TTM)2.97
EY4.34%
EPS(NY)4.96
Fwd EY7.24%
FCF(TTM)16.28
FCFY23.77%
OCF(TTM)18.55
OCFY27.08%
SpS62.63
BVpS45.1
TBVpS45.1
PEG (NY)0.34
PEG (5Y)N/A
Graham Number54.9
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 | 1.65 |
F-Score6
WACC10.88%
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)-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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.09%
Revenue Next Year13.15%
Revenue Next 2Y6.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y105.99%
EBIT growth 3Y-23.02%
EBIT growth 5Y18.41%
EBIT Next Year160.01%
EBIT Next 3Y46.76%
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 5 / 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.