METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
87 CAD
-3.57 (-3.94%)
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.
- MX had a positive operating cash flow in the past year.
- In the past 5 years MX has always been profitable.
- Each year in the past 5 years MX had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 1.10%, MX belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- MX has a better Return On Equity (3.27%) than 85.71% of its industry peers.
- MX has a Return On Invested Capital of 5.67%. This is amongst the best in the industry. MX outperforms 85.71% of its industry peers.
- MX had an Average Return On Invested Capital over the past 3 years of 4.75%. This is in line with the industry average of 6.25%.
- The last Return On Invested Capital (5.67%) for MX is above the 3 year average (4.75%), which is a sign of increasing profitability.
| 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
- MX has a Profit Margin of 2.23%. This is amongst the best in the industry. MX outperforms 85.71% of its industry peers.
- In the last couple of years the Profit Margin of MX has declined.
- With an excellent Operating Margin value of 12.90%, MX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
- MX's Operating Margin has improved in the last couple of years.
- MX's Gross Margin of 25.33% is fine compared to the rest of the industry. MX outperforms 60.71% of its industry peers.
- 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
- MX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- MX has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MX has more shares outstanding
- MX has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.75, we must say that MX is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of MX (1.75) is better than 71.43% 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.
- MX has a better Debt to FCF ratio (3.83) than 92.86% of its industry peers.
- A Debt/Equity ratio of 1.37 is on the high side and indicates that MX has dependencies on debt financing.
- MX's Debt to Equity ratio of 1.37 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 | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.49
WACC11.49%
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.
- The Current ratio of MX (2.06) is better than 64.29% 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.
- Looking at the Quick ratio, with a value of 1.37, MX is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.37 |
3. MX.CA Growth Analysis
3.1 Past
- The earnings per share for MX have decreased strongly by -41.13% in the last year.
- MX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -22.69% yearly.
- 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 a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.11% yearly.
- 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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- MX is valuated quite expensively with a Price/Earnings ratio of 28.52.
- 89.29% 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 24.75. MX is around the same levels.
- MX is valuated rather expensively with a Price/Forward Earnings ratio of 17.09.
- Based on the Price/Forward Earnings ratio, MX is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
- MX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.52 | ||
| Fwd PE | 17.09 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MX is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- 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 | 5.27 | ||
| EV/EBITDA | 8.71 |
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.
- The excellent profitability rating of MX may justify a higher PE ratio.
PEG (NY)0.43
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 1.28%. Purely for dividend investing, there may be better candidates out there.
- MX's Dividend Yield is a higher than the industry average which is at 1.96.
- Compared to the average S&P500 Dividend Yield of 1.89, MX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
- MX pays out 67.05% of its income as dividend. This is not a sustainable payout ratio.
- MX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.05%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (3/30/2026, 7:00:00 PM)
87
-3.57 (-3.94%)
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 Cap6.73B
Revenue(TTM)3.59B
Net Income(TTM)79.87M
Analysts81.54
Price Target60.38 (-30.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
Yearly Dividend1.03
Dividend Growth(5Y)9.39%
DP67.05%
Div Incr Years3
Div Non Decr Years3
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)10.86%
PT rev (3m)15.63%
EPS NQ rev (1m)-57.47%
EPS NQ rev (3m)-56.68%
EPS NY rev (1m)2.31%
EPS NY rev (3m)6.13%
Revenue NQ rev (1m)-10.61%
Revenue NQ rev (3m)-5.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.52 | ||
| Fwd PE | 17.09 | ||
| P/S | 1.35 | ||
| P/FCF | 5.27 | ||
| P/OCF | 4.76 | ||
| P/B | 1.98 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 8.71 |
EPS(TTM)3.05
EY3.51%
EPS(NY)5.09
Fwd EY5.85%
FCF(TTM)16.5
FCFY18.96%
OCF(TTM)18.28
OCFY21.01%
SpS64.61
BVpS43.98
TBVpS43.98
PEG (NY)0.43
PEG (5Y)N/A
Graham Number54.94
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 | 1.75 |
F-Score5
WACC11.49%
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 Y66.96%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y-5.93%
Revenue growth 5Y6.26%
Sales Q2Q%2.09%
Revenue Next Year13.15%
Revenue Next 2Y6.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y42.61%
EBIT growth 3Y-2.04%
EBIT growth 5YN/A
EBIT Next Year100.1%
EBIT Next 3Y22.63%
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.
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 grow by 66.96% in the next year.