METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
61.52 CAD
+2.41 (+4.08%)
Taking everything into account, MX scores 6 out of 10 in our fundamental rating. MX was compared to 27 industry peers in the Chemicals industry. MX scores excellent on profitability, but there are some minor concerns on its financial health. MX may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make MX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year MX was profitable.
In the past year MX had a positive cash flow from operations.
Of the past 5 years MX 4 years were profitable.
Each year in the past 5 years MX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MX (2.84%) is better than 81.48% 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 85.19% of the companies in the same industry.
MX has a better Return On Invested Capital (5.46%) than 85.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MX is below the industry average of 7.57%.
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
The Profit Margin of MX (5.99%) is better than 88.89% of its industry peers.
MX's Profit Margin has improved in the last couple of years.
The Operating Margin of MX (14.45%) is better than 81.48% of its industry peers.
MX's Operating Margin has improved in the last couple of years.
MX has a Gross Margin of 25.93%. This is in the better half of the industry: MX outperforms 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 | 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.
Compared to 1 year ago, MX has about the same amount of shares outstanding.
Compared to 5 years ago, MX has less shares outstanding
MX has a worse debt/assets ratio than last year.
2.2 Solvency
MX has an Altman-Z score of 1.57. This is a bad value and indicates that MX is not financially healthy and even has some risk of bankruptcy.
MX has a better Altman-Z score (1.57) than 66.67% 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.
MX has a Debt to FCF ratio of 3.90. This is amongst the best in the industry. MX outperforms 96.30% 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 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.52
WACC10.44%
2.3 Liquidity
A Current Ratio of 2.09 indicates that MX has no problem at all paying its short term obligations.
MX's Current ratio of 2.09 is fine compared to the rest of the industry. MX outperforms 66.67% of its industry peers.
A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.33, MX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| 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.
The Revenue has decreased by -3.36% in the past year.
Measured over the past years, MX shows a small growth in Revenue. The Revenue has been growing by 2.53% on average per year.
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.
The Revenue is expected to grow by 3.53% on average over the next years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.58 indicates a correct valuation of MX.
MX's Price/Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 92.59% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. MX is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 13.04, MX is valued correctly.
Based on the Price/Forward Earnings ratio, MX is valued cheaper than 81.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, MX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 13.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MX is valued cheaper than 81.48% of the companies in the same industry.
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 | 3.75 | ||
| EV/EBITDA | 7.18 |
4.3 Compensation for Growth
The excellent profitability rating of MX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.39
EPS Next 2Y-3.76%
EPS Next 3Y0.05%
5. Dividend
5.1 Amount
MX has a Yearly Dividend Yield of 1.94%.
MX's Dividend Yield is a higher than the industry average which is at 2.34.
MX's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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 (1/7/2026, 7:00:00 PM)
61.52
+2.41 (+4.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners69.22%
Inst Owner ChangeN/A
Ins Owners0.6%
Ins Owner ChangeN/A
Market Cap4.76B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.22 (-15.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend1.01
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 | 12.58 | ||
| Fwd PE | 13.04 | ||
| P/S | 0.97 | ||
| P/FCF | 3.75 | ||
| P/OCF | 3.29 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 7.18 |
EPS(TTM)4.89
EY7.95%
EPS(NY)4.72
Fwd EY7.67%
FCF(TTM)16.42
FCFY26.7%
OCF(TTM)18.72
OCFY30.42%
SpS63.19
BVpS45.5
TBVpS45.5
PEG (NY)N/A
PEG (5Y)0.39
Graham Number70.75
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 | 1.57 |
F-Score6
WACC10.44%
ROIC/WACC0.52
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.