MX Stock Overview
Produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Methanex Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$66.63 |
| 52 Week High | CA$74.25 |
| 52 Week Low | CA$49.21 |
| Beta | 1.86 |
| 1 Month Change | 3.69% |
| 3 Month Change | 25.08% |
| 1 Year Change | 2.94% |
| 3 Year Change | 21.99% |
| 5 Year Change | 31.26% |
| Change since IPO | 1,380.67% |
Recent News & Updates
Recent updates
What Does Methanex Corporation's (TSE:MX) Share Price Indicate?
Dec 21
Unpleasant Surprises Could Be In Store For Methanex Corporation's (TSE:MX) Shares
Jul 29Should You Investigate Methanex Corporation (TSE:MX) At CA$68.73?
Jul 12Methanex (TSE:MX) May Have Issues Allocating Its Capital
Jun 09Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet
May 24Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Nov 15When Should You Buy Methanex Corporation (TSE:MX)?
Oct 19Here's What's Concerning About Methanex's (TSE:MX) Returns On Capital
Sep 01Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Aug 04When Should You Buy Methanex Corporation (TSE:MX)?
Jul 20Methanex (TSE:MX) Will Want To Turn Around Its Return Trends
May 31Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet
Apr 24Methanex (TSE:MX) Has Some Way To Go To Become A Multi-Bagger
Feb 20Methanex Corporation (TSE:MX) Shares Could Be 35% Below Their Intrinsic Value Estimate
Feb 07Is Methanex (TSE:MX) Using Too Much Debt?
Jan 09We Ran A Stock Scan For Earnings Growth And Methanex (TSE:MX) Passed With Ease
Nov 25Investors Will Want Methanex's (TSE:MX) Growth In ROCE To Persist
Nov 12Here's Why Methanex (TSE:MX) Can Manage Its Debt Responsibly
Oct 07Do Methanex's (TSE:MX) Earnings Warrant Your Attention?
Aug 17Methanex (TSE:MX) Is Doing The Right Things To Multiply Its Share Price
Jun 28Methanex (TSE:MX) Has A Pretty Healthy Balance Sheet
May 16Shareholder Returns
| MX | CA Chemicals | CA Market | |
|---|---|---|---|
| 7D | 2.3% | -5.1% | -2.6% |
| 1Y | 2.9% | -11.7% | 15.2% |
Return vs Industry: MX exceeded the Canadian Chemicals industry which returned -11.7% over the past year.
Return vs Market: MX underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| MX volatility | |
|---|---|
| MX Average Weekly Movement | 3.7% |
| Chemicals Industry Average Movement | 5.5% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MX has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MX's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 1,451 | Rich Sumner | www.methanex.com |
Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.
Methanex Corporation Fundamentals Summary
| MX fundamental statistics | |
|---|---|
| Market cap | CA$4.49b |
| Earnings (TTM) | CA$219.01m |
| Revenue (TTM) | CA$5.31b |
20.5x
P/E Ratio0.8x
P/S RatioIs MX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MX income statement (TTM) | |
|---|---|
| Revenue | US$3.69b |
| Cost of Revenue | US$2.96b |
| Gross Profit | US$729.64m |
| Other Expenses | US$577.24m |
| Earnings | US$152.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 2.26 |
| Gross Margin | 19.76% |
| Net Profit Margin | 4.13% |
| Debt/Equity Ratio | 92.5% |
How did MX perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield33%
Payout RatioDoes MX pay a reliable dividends?
See MX dividend history and benchmarks| Methanex dividend dates | |
|---|---|
| Ex Dividend Date | Dec 17 2024 |
| Dividend Pay Date | Dec 31 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 9 days |
Does MX pay a reliable dividends?
See MX dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Methanex Corporation is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Alembic Global Advisors |
| Michael Leithead | Barclays |
| Joel Jackson | BMO Capital Markets Equity Research |