METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
71.03 CAD
-8.03 (-10.16%)
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.
- In the past year MX had a positive cash flow from operations.
- Each year in the past 5 years MX has been profitable.
- In the past 5 years MX always reported a positive cash flow from operatings.
1.2 Ratios
- MX has a better Return On Assets (2.84%) than 82.14% of its industry peers.
- The Return On Equity of MX (8.31%) is better than 82.14% of its industry peers.
- With an excellent Return On Invested Capital value of 5.46%, MX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
- MX had an Average Return On Invested Capital over the past 3 years of 4.64%. This 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 Profit Margin of 5.99%. This is amongst the best in the industry. MX outperforms 82.14% of its industry peers.
- MX's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 14.45%, MX belongs to the top 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 25.93% is fine compared to the rest of the industry. MX outperforms 64.29% 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. MX.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MX is destroying value.
- Compared to 1 year ago, MX has more shares outstanding
- The number of shares outstanding for MX has been increased compared to 5 years ago.
- Compared to 1 year ago, MX has an improved debt to assets ratio.
2.2 Solvency
- MX has an Altman-Z score of 1.70. This is a bad value and indicates that MX is not financially healthy and even has some risk of bankruptcy.
- MX has a Altman-Z score of 1.70. This is in the better half of the industry: MX outperforms 64.29% of its industry peers.
- 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.
- MX has a better Debt to FCF ratio (3.90) than 92.86% of its industry peers.
- MX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
- MX has a worse Debt to Equity ratio (1.34) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.7 |
ROIC/WACC0.5
WACC10.97%
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 64.29% of its industry peers.
- MX has a Quick Ratio of 1.33. This is a normal value and indicates that MX is financially healthy and should not expect problems in meeting 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
- 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.
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.
- MX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.99% yearly.
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
- Based on the Price/Earnings ratio of 23.84, the valuation of MX can be described as rather expensive.
- 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.
- Compared to an average S&P500 Price/Earnings ratio of 25.70, MX is valued at the same level.
- The Price/Forward Earnings ratio is 14.28, which indicates a correct valuation of MX.
- Based on the Price/Forward Earnings ratio, MX is valued cheaper than 89.29% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.84. MX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.84 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MX indicates a rather cheap valuation: MX is cheaper than 85.71% of the companies listed 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 | 4.35 | ||
| EV/EBITDA | 8.32 |
4.3 Compensation for Growth
- MX's 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)0.36
PEG (5Y)N/A
EPS Next 2Y37.05%
EPS Next 3Y6.11%
5. MX.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.34%, MX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.96, MX pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.89, MX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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 24.20% of its income as dividend. This is a sustainable payout ratio.
- The dividend of MX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.2%
EPS Next 2Y37.05%
EPS Next 3Y6.11%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (3/13/2026, 7:00:00 PM)
71.03
-8.03 (-10.16%)
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 Cap5.49B
Revenue(TTM)N/A
Net Income(TTM)213.70M
Analysts81.54
Price Target54.47 (-23.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend1.01
Dividend Growth(5Y)9.39%
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 | 23.84 | ||
| Fwd PE | 14.28 | ||
| P/S | 1.13 | ||
| P/FCF | 4.35 | ||
| P/OCF | 3.82 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 8.32 |
EPS(TTM)2.98
EY4.2%
EPS(NY)4.97
Fwd EY7%
FCF(TTM)16.32
FCFY22.97%
OCF(TTM)18.59
OCFY26.18%
SpS62.77
BVpS45.2
TBVpS45.2
PEG (NY)0.36
PEG (5Y)N/A
Graham Number55.05
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 | 1.7 |
F-Score6
WACC10.97%
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 Fundamental Analysis 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.