METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
Current stock price
79.79 CAD
+4.22 (+5.58%)
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
- MX has a better Return On Assets (1.10%) than 82.14% of its industry peers.
- With an excellent Return On Equity value of 3.27%, MX belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
- The Return On Invested Capital of MX (5.67%) is better than 78.57% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MX is below the industry average of 7.08%.
- The 3 year average ROIC (4.75%) for MX is below the current ROIC(5.67%), indicating increased profibility in the last year.
| 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 better Profit Margin (2.23%) than 82.14% of its industry peers.
- MX's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 12.90%, MX is doing good in the industry, outperforming 78.57% of the companies in the same industry.
- MX's Operating Margin has improved in the last couple of years.
- MX has a better Gross Margin (25.33%) than 64.29% of its industry peers.
- MX's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MX 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
- MX has an Altman-Z score of 1.71. 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 (1.71) than 67.86% of its industry peers.
- MX has a debt to FCF ratio of 3.83. This is a good value and a sign of high solvency as MX would need 3.83 years to pay back of 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 has a worse Debt to Equity ratio (1.37) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.5
WACC11.39%
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.
- Looking at the Current ratio, with a value of 2.06, MX is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
- A Quick Ratio of 1.37 indicates that MX should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.37, MX is doing good in the industry, outperforming 71.43% 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.
- The Revenue has decreased by -3.51% in the past year.
- 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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.30% yearly.
- MX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.17% yearly.
EPS Next Y79.47%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue Next Year18.91%
Revenue Next 2Y4.63%
Revenue Next 3Y3.17%
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 decreasing.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 26.69 indicates a quite expensive valuation of MX.
- 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 27.71, MX is valued at the same level.
- Based on the Price/Forward Earnings ratio of 14.86, the valuation of MX can be described as correct.
- Based on the Price/Forward Earnings ratio, MX is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of MX to the average of the S&P500 Index (38.09), we can say MX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.69 | ||
| Fwd PE | 14.86 |
4.2 Price Multiples
- 82.14% of the companies in the same industry are more expensive than MX, based on the Enterprise Value to EBITDA ratio.
- 96.43% of the companies in the same industry are more expensive than MX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.93 | ||
| EV/EBITDA | 8.36 |
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.
- The excellent profitability rating of MX may justify a higher PE ratio.
- MX's earnings are expected to grow with 19.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y37.19%
EPS Next 3Y19.3%
5. MX.CA Dividend Analysis
5.1 Amount
- MX has a Yearly Dividend Yield of 1.32%. 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 1.98.
- MX's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
- The dividend of MX is nicely growing with an annual growth rate of 9.39%!
- 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 Years0
Div Non Decr Years4
5.3 Sustainability
- MX pays out 67.05% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of MX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP67.05%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (4/21/2026, 7:00:00 PM)
79.79
+4.22 (+5.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)03-05 2026-03-05/amc
Earnings (Next)04-29 2026-04-29
Inst Owners70.72%
Inst Owner ChangeN/A
Ins Owners0.61%
Ins Owner ChangeN/A
Market Cap6.17B
Revenue(TTM)3.59B
Net Income(TTM)79.87M
Analysts81.54
Price Target65.48 (-17.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend1.01
Dividend Growth(5Y)9.39%
DP67.05%
Div Incr Years0
Div Non Decr Years4
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)20.22%
PT rev (3m)25.39%
EPS NQ rev (1m)-0.53%
EPS NQ rev (3m)-56.91%
EPS NY rev (1m)7.49%
EPS NY rev (3m)14.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.6%
Revenue NY rev (1m)5.09%
Revenue NY rev (3m)5.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.69 | ||
| Fwd PE | 14.86 | ||
| P/S | 1.26 | ||
| P/FCF | 4.93 | ||
| P/OCF | 4.45 | ||
| P/B | 1.85 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 8.36 |
EPS(TTM)2.99
EY3.75%
EPS(NY)5.37
Fwd EY6.73%
FCF(TTM)16.18
FCFY20.28%
OCF(TTM)17.93
OCFY22.48%
SpS63.38
BVpS43.14
TBVpS43.14
PEG (NY)0.34
PEG (5Y)N/A
Graham Number53.8741 (-32.48%)
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 | 1.71 |
F-Score5
WACC11.39%
ROIC/WACC0.5
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 Y79.47%
EPS Next 2Y37.19%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.51%
Revenue growth 3Y-5.93%
Revenue growth 5Y6.26%
Sales Q2Q%2.09%
Revenue Next Year18.91%
Revenue Next 2Y4.63%
Revenue Next 3Y3.17%
Revenue Next 5YN/A
EBIT growth 1Y42.61%
EBIT growth 3Y-2.04%
EBIT growth 5YN/A
EBIT Next Year124.4%
EBIT Next 3Y24.3%
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.
Can you provide the valuation status for METHANEX CORP?
ChartMill assigns a valuation rating of 8 / 10 to METHANEX CORP (MX.CA). This can be considered as Undervalued.
How profitable is METHANEX CORP (MX.CA) stock?
METHANEX CORP (MX.CA) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for MX stock?
The Price/Earnings (PE) ratio for METHANEX CORP (MX.CA) is 26.69 and the Price/Book (PB) ratio is 1.85.
Can you provide the dividend sustainability for MX stock?
The dividend rating of METHANEX CORP (MX.CA) is 5 / 10 and the dividend payout ratio is 67.05%.