METHANEX CORP (MX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MX - CA59151K1084 - Common Stock
49.08 CAD
+0.32 (+0.66%)
MX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 27 industry peers in the Chemicals industry. While MX belongs to the best of the industry regarding profitability, 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 would make MX suitable 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.
MX had positive earnings in 4 of the past 5 years.
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 2.84%, MX belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
The Return On Equity of MX (8.31%) is better than 85.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.46%, MX belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.55%.
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's Profit Margin of 5.99% is amongst the best of the industry. MX outperforms 88.89% of its industry peers.
In the last couple of years the Profit Margin of MX has grown nicely.
With an excellent Operating Margin value of 14.45%, MX belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
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 62.96% 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
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.
MX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MX has a worse debt to assets ratio.
2.2 Solvency
MX has an Altman-Z score of 1.48. 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 1.48, MX is in the better half of the industry, outperforming 62.96% 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.
With an excellent Debt to FCF ratio value of 3.90, MX belongs to the best of the industry, outperforming 96.30% 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.
The Debt to Equity ratio of MX (1.34) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.48 |
ROIC/WACC0.74
WACC7.37%
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.
MX's Current ratio of 2.09 is in line compared to the rest of the industry. MX outperforms 59.26% of its industry peers.
A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.33, MX perfoms like the industry average, outperforming 59.26% 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.
The Earnings Per Share has been growing by 31.95% on average over the past years. This is a very strong growth
The Revenue has decreased by -3.36% in the past year.
MX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.53% yearly.
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
MX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.42% yearly.
MX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.81% yearly.
EPS Next Y-9.92%
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
EPS Next 5Y-8.42%
Revenue Next Year-2.64%
Revenue Next 2Y4.75%
Revenue Next 3Y3.81%
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
Based on the Price/Earnings ratio of 9.76, the valuation of MX can be described as reasonable.
MX's Price/Earnings ratio is rather cheap when compared to the industry. MX is cheaper than 96.30% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, MX is valued rather cheaply.
The Price/Forward Earnings ratio is 9.74, which indicates a very decent valuation of MX.
Based on the Price/Forward Earnings ratio, MX is valued cheaper than 88.89% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, MX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 9.74 |
4.2 Price Multiples
MX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MX is cheaper than 88.89% of the companies 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 | 2.9 | ||
| EV/EBITDA | 6.35 |
4.3 Compensation for Growth
The excellent profitability rating of MX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
5. Dividend
5.1 Amount
MX has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.41, MX pays a bit more dividend than its industry peers.
MX's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
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-1.96%
EPS Next 3Y-0.22%
TSX:MX (11/27/2025, 7:00:00 PM)
49.08
+0.32 (+0.66%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners67.17%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap3.80B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts84.62
Price Target52.43 (6.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend1.04
Dividend Growth(5Y)-12.05%
DP24.2%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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%
PT rev (3m)3.21%
EPS NQ rev (1m)2.44%
EPS NQ rev (3m)-6.68%
EPS NY rev (1m)-8.27%
EPS NY rev (3m)-8.1%
Revenue NQ rev (1m)-5.42%
Revenue NQ rev (3m)-1.57%
Revenue NY rev (1m)-5.19%
Revenue NY rev (3m)-4.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 9.74 | ||
| P/S | 0.75 | ||
| P/FCF | 2.9 | ||
| P/OCF | 2.55 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 6.35 |
EPS(TTM)5.03
EY10.25%
EPS(NY)5.04
Fwd EY10.26%
FCF(TTM)16.9
FCFY34.43%
OCF(TTM)19.26
OCFY39.23%
SpS65.02
BVpS46.82
TBVpS46.82
PEG (NY)N/A
PEG (5Y)0.31
Graham Number72.79
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 | 1.48 |
F-Score6
WACC7.37%
ROIC/WACC0.74
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-9.92%
EPS Next 2Y-1.96%
EPS Next 3Y-0.22%
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-2.64%
Revenue Next 2Y4.75%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
EBIT growth 1Y105.99%
EBIT growth 3Y-23.02%
EBIT growth 5Y18.41%
EBIT Next Year172.44%
EBIT Next 3Y50.66%
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 of METHANEX CORP (MX.CA) stock?
ChartMill assigns a valuation rating of 8 / 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 valuation of METHANEX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for METHANEX CORP (MX.CA) is 9.76 and the Price/Book (PB) ratio is 1.05.
How financially healthy is METHANEX CORP?
The financial health rating of METHANEX CORP (MX.CA) is 5 / 10.