METHANEX CORP (MX.CA) Fundamental Analysis & Valuation
TSX:MX • CA59151K1084
67.53 CAD
-10.47 (-13.42%)
Last: Mar 6, 2026, 07:00 PM
This MX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall MX gets a fundamental rating of 6 out of 10. We evaluated MX against 29 industry peers in the Chemicals industry. MX scores excellent on profitability, but there are some minor concerns on its financial health. MX has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
- Of the past 5 years MX 4 years were profitable.
- Of the past 5 years MX 4 years had a positive operating cash flow.
1.2 Ratios
- MX has a Return On Assets of 2.84%. This is amongst the best in the industry. MX outperforms 82.76% of its industry peers.
- Looking at the Return On Equity, with a value of 8.31%, MX belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
- MX has a Return On Invested Capital of 5.46%. This is amongst the best in the industry. MX outperforms 86.21% of its industry peers.
- MX had an Average Return On Invested Capital over the past 3 years of 4.64%. This 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 82.76% of the companies in the same industry.
- 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 82.76% of the companies in the same industry.
- In the last couple of years the Operating Margin of MX has grown nicely.
- MX's Gross Margin of 25.93% is fine compared to the rest of the industry. MX outperforms 65.52% of its industry peers.
- MX's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MX is destroying value.
- MX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of 1.69, we must say that MX is in the distress zone and has some risk of bankruptcy.
- MX has a Altman-Z score of 1.69. This is in the better half of the industry: MX outperforms 68.97% 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.
- MX has a Debt to FCF ratio of 3.90. This is amongst the best in the industry. MX outperforms 96.55% of its industry peers.
- A Debt/Equity ratio of 1.34 is on the high side and indicates that MX has dependencies on debt financing.
- MX has a worse Debt to Equity ratio (1.34) than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.5
WACC10.84%
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 has a better Current ratio (2.09) than 65.52% of its industry peers.
- A Quick Ratio of 1.33 indicates that MX should not have too much problems paying its short term obligations.
- MX's Quick ratio of 1.33 is fine compared to the rest of the industry. MX outperforms 65.52% of its industry peers.
| 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.
- 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.
- Looking at the last year, MX shows a decrease in Revenue. The Revenue has decreased by -0.10% in the last year.
- Measured over the past years, MX shows a small growth in Revenue. The Revenue has been growing by 2.53% on average per year.
EPS 1Y (TTM)-41.13%
EPS 3Y-14.87%
EPS 5Y31.95%
EPS Q2Q%-111.29%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-5.55%
Revenue growth 5Y2.53%
Sales Q2Q%2.09%
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.
- 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. MX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 22.66, which indicates a rather expensive current valuation of MX.
- Based on the Price/Earnings ratio, MX is valued cheaply inside the industry as 89.66% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MX to the average of the S&P500 Index (26.29), we can say MX is valued inline with the index average.
- With a Price/Forward Earnings ratio of 13.87, MX is valued correctly.
- Based on the Price/Forward Earnings ratio, MX is valued cheaply inside the industry as 82.76% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, MX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 13.87 |
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 82.76% 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 | 4.13 | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
- MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.71
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
5. MX.CA Dividend Analysis
5.1 Amount
- MX has a Yearly Dividend Yield of 1.36%.
- Compared to an average industry Dividend Yield of 1.95, MX pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.82, MX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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%
MX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MX (3/6/2026, 7:00:00 PM)
67.53
-10.47 (-13.42%)
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 Cap5.22B
Revenue(TTM)3.72B
Net Income(TTM)213.70M
Analysts81.54
Price Target54.47 (-19.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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 | 22.66 | ||
| Fwd PE | 13.87 | ||
| P/S | 1.07 | ||
| P/FCF | 4.13 | ||
| P/OCF | 3.63 | ||
| P/B | 1.49 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)2.98
EY4.41%
EPS(NY)4.87
Fwd EY7.21%
FCF(TTM)16.34
FCFY24.2%
OCF(TTM)18.62
OCFY27.58%
SpS62.88
BVpS45.27
TBVpS45.27
PEG (NY)N/A
PEG (5Y)0.71
Graham Number55.1
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 | 1.69 |
F-Score6
WACC10.84%
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-14.87%
EPS 5Y31.95%
EPS Q2Q%-111.29%
EPS Next Y-14.63%
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
EPS Next 5Y-8.42%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y-5.55%
Revenue growth 5Y2.53%
Sales Q2Q%2.09%
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.