METHANEX CORP (MX.CA) Stock Fundamental Analysis
TSX:MX • CA59151K1084
68.82 CAD
+2.54 (+3.83%)
Last: Feb 27, 2026, 07:00 PM
Taking everything into account, MX scores 6 out of 10 in our fundamental rating. MX was compared to 29 industry peers in the Chemicals industry. While MX has a great profitability rating, there are some minor concerns on its financial health. MX has a decent growth rate and is not valued too expensively.
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.
- MX had positive earnings in 4 of the past 5 years.
- In the past 5 years MX always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 2.84%, MX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 8.31%, MX belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
- MX has a better Return On Invested Capital (5.46%) than 85.71% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 6.93%.
- 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 82.14% of the companies in the same industry.
- In the last couple of years the Profit Margin of MX has grown nicely.
- MX has a better Operating Margin (14.45%) than 82.14% of its industry peers.
- In the last couple of years the Operating Margin of MX has grown nicely.
- With a decent Gross Margin value of 25.93%, MX is doing good in the industry, outperforming 60.71% 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MX is destroying value.
- MX has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MX has less shares outstanding
- The debt/assets ratio for MX is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.62, we must say that MX is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of MX (1.62) is better than 67.86% 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 96.43% of the companies in the same industry.
- MX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external 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 67.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.5
WACC10.89%
2.3 Liquidity
- A Current Ratio of 2.09 indicates that MX has no problem at all paying its short term obligations.
- MX has a better Current ratio (2.09) than 60.71% 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 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
- MX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.00%, which is quite good.
- Measured over the past years, MX shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.95% on average per year.
- MX shows a decrease in Revenue. In the last year, the revenue decreased by -3.36%.
- 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 3.58% 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-2.92%
Revenue Next 2Y4.81%
Revenue Next 3Y3.58%
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
- MX is valuated correctly with a Price/Earnings ratio of 14.10.
- Based on the Price/Earnings ratio, MX is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
- MX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 14.08, MX is valued correctly.
- 85.71% of the companies in the same industry are more expensive than MX, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, MX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.1 | ||
| Fwd PE | 14.08 |
4.2 Price Multiples
- MX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MX is cheaper than 85.71% 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 | 4.2 | ||
| EV/EBITDA | 7.67 |
4.3 Compensation for Growth
- The excellent profitability rating of MX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.60%, MX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.00, MX pays a bit more dividend than its industry peers.
- MX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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 (2/27/2026, 7:00:00 PM)
68.82
+2.54 (+3.83%)
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 Cap5.32B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts83.08
Price Target54.47 (-20.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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)3.89%
EPS NQ rev (1m)-10.87%
EPS NQ rev (3m)-13.58%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.23%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.1 | ||
| Fwd PE | 14.08 | ||
| P/S | 1.09 | ||
| P/FCF | 4.2 | ||
| P/OCF | 3.68 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 7.67 |
EPS(TTM)4.88
EY7.09%
EPS(NY)4.89
Fwd EY7.1%
FCF(TTM)16.4
FCFY23.83%
OCF(TTM)18.69
OCFY27.15%
SpS63.1
BVpS45.43
TBVpS45.43
PEG (NY)N/A
PEG (5Y)0.44
Graham Number70.63
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 | 1.62 |
F-Score6
WACC10.89%
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-2.92%
Revenue Next 2Y4.81%
Revenue Next 3Y3.58%
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 6 / 10 to MX.CA.
What is the valuation status for MX stock?
ChartMill assigns a valuation rating of 6 / 10 to METHANEX CORP (MX.CA). This can be considered as Fairly Valued.
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.