METHANEX CORP (MX.CA) Stock Fundamental Analysis
TSX:MX • CA59151K1084
67.48 CAD
-0.04 (-0.06%)
Last: Feb 20, 2026, 07:00 PM
Taking everything into account, MX scores 6 out of 10 in our fundamental rating. MX was compared to 28 industry peers in the Chemicals industry. MX has an excellent profitability rating, but there are some minor concerns on its financial health. MX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make MX a good candidate 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.
- Of the past 5 years MX 4 years were profitable.
- Each year in the past 5 years MX had a positive operating cash flow.
1.2 Ratios
- MX's Return On Assets of 2.84% is amongst the best of the industry. MX outperforms 82.14% of its industry peers.
- With an excellent Return On Equity value of 8.31%, MX belongs to the best of the industry, outperforming 85.71% 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 85.71% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MX is below the industry average of 7.24%.
- 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
- With an excellent Profit Margin value of 5.99%, MX belongs to the best of the industry, outperforming 89.29% of the companies in the same industry.
- MX's Profit Margin has improved in the last couple of years.
- MX has a Operating Margin of 14.45%. This is amongst the best in the industry. MX outperforms 82.14% of its industry peers.
- In the last couple of years the Operating Margin of MX has grown nicely.
- The Gross Margin of MX (25.93%) is better than 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 | 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.
- Compared to 5 years ago, MX has less shares outstanding
- MX has a worse debt/assets ratio than last year.
2.2 Solvency
- MX has an Altman-Z score of 1.61. This is a bad value and indicates that MX is not financially healthy and even has some risk of bankruptcy.
- MX's Altman-Z score of 1.61 is fine compared to the rest of the industry. MX outperforms 67.86% 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 better Debt to FCF ratio (3.90) than 96.43% 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.
- With a Debt to Equity ratio value of 1.34, MX is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 1.61 |
ROIC/WACC0.5
WACC10.83%
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.
- With a decent Current ratio value of 2.09, MX is doing good in the industry, outperforming 64.29% of the companies in the same industry.
- 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.
- Looking at the Quick ratio, with a value of 1.33, MX is in the better half of the industry, outperforming 64.29% 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
- MX shows a decrease in Revenue. In the last year, the revenue decreased by -3.36%.
- 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
- The Earnings Per Share is expected to decrease by -8.42% 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 3.53% yearly.
EPS Next Y-14.63%
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
EPS Next 5Y-8.42%
Revenue Next Year-2.72%
Revenue Next 2Y4.64%
Revenue Next 3Y3.53%
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
- With a Price/Earnings ratio of 13.80, MX is valued correctly.
- Compared to the rest of the industry, the Price/Earnings ratio of MX indicates a rather cheap valuation: MX is cheaper than 92.86% of the companies listed in the same industry.
- MX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.99.
- A Price/Forward Earnings ratio of 13.78 indicates a correct valuation of MX.
- 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 rather cheap valuation when compared to the S&P500 average which is at 28.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 13.78 |
4.2 Price Multiples
- 85.71% of the companies in the same industry are more expensive than MX, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, MX is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.1 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
- MX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
- MX has a Yearly Dividend Yield of 1.61%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.44, MX pays a bit more dividend than its industry peers.
- MX's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
5.2 History
- The dividend of MX decreases each year by -12.05%.
- MX has been paying a dividend for at least 10 years, so it has 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.
- 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%
TSX:MX (2/20/2026, 7:00:00 PM)
67.48
-0.04 (-0.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)03-05 2026-03-05/amc
Inst Owners69.22%
Inst Owner ChangeN/A
Ins Owners0.6%
Ins Owner ChangeN/A
Market Cap5.22B
Revenue(TTM)3.57B
Net Income(TTM)213.70M
Analysts83.08
Price Target49.98 (-25.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
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)-4.67%
EPS NQ rev (1m)-5.65%
EPS NQ rev (3m)-4.19%
EPS NY rev (1m)-0.75%
EPS NY rev (3m)-5.23%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 13.78 | ||
| P/S | 1.07 | ||
| P/FCF | 4.1 | ||
| P/OCF | 3.6 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)4.89
EY7.25%
EPS(NY)4.9
Fwd EY7.26%
FCF(TTM)16.44
FCFY24.36%
OCF(TTM)18.73
OCFY27.76%
SpS63.25
BVpS45.54
TBVpS45.54
PEG (NY)N/A
PEG (5Y)0.43
Graham Number70.79
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 | 1.61 |
F-Score6
WACC10.83%
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)19%
EPS 3Y-14.87%
EPS 5Y31.95%
EPS Q2Q%-95.04%
EPS Next Y-14.63%
EPS Next 2Y-1.98%
EPS Next 3Y3.13%
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-2.72%
Revenue Next 2Y4.64%
Revenue Next 3Y3.53%
Revenue Next 5YN/A
EBIT growth 1Y105.99%
EBIT growth 3Y-23.02%
EBIT growth 5Y18.41%
EBIT Next Year163.2%
EBIT Next 3Y46.67%
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 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 decline by -14.63% in the next year.