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Methanex TSX:MX Stock Report

Last Price

CA$45.21

Market Cap

CA$3.0b

7D

-0.6%

1Y

-34.5%

Updated

11 May, 2025

Data

Company Financials +

Methanex Corporation

TSX:MX Stock Report

Market Cap: CA$3.0b

MX Stock Overview

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America. More details

MX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends3/6

Rewards

Trading at 70.1% below our estimate of its fair value

Earnings are forecast to grow 20.77% per year

Earnings grew by 33.3% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Has a high level of debt


Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

MX logo
Methanex
AN
AnalystConsensusTarget
Consensus Narrative from 2 Analysts

OCI Acquisition And Methanol Demand Growth Will Expand Capacity And Market Reach

Key Takeaways Methanex's strategic production and efficiency improvements position it to benefit from growing methanol demand, potentially boosting revenues and margins. The OCI acquisition expands capacity and market reach, improving earnings and operational efficiency while deleveraging strengthens financial stability.
View narrative
CA$76.82
FV
41.1% undervalued intrinsic discount
6.95%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
7users have followed this narrative
10 days ago author updated this narrative
View Methanex Community

Methanex Corporation Competitors

Chemtrade Logistics Income Fund

TSX:CHE.UN

CA$1.1b

SSR Mining

TSX:SSRM

CA$3.3b

Winpak

TSX:WPK

CA$2.6b

Dundee Precious Metals

TSX:DPM

CA$3.5b

Price History & Performance

Summary of share price highs, lows and changes for Methanex
Historical stock prices
Current Share PriceCA$45.21
52 Week HighCA$78.18
52 Week LowCA$36.10
Beta1.25
1 Month Change21.96%
3 Month Change-36.63%
1 Year Change-34.46%
3 Year Change-26.24%
5 Year Change128.80%
Change since IPO904.67%

Recent News & Updates

Is There Now An Opportunity In Methanex Corporation (TSE:MX)?

Mar 26
Is There Now An Opportunity In Methanex Corporation (TSE:MX)?

Recent updates

Is There Now An Opportunity In Methanex Corporation (TSE:MX)?

Mar 26
Is There Now An Opportunity In Methanex Corporation (TSE:MX)?

Methanex Corporation (TSE:MX) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 11
Methanex Corporation (TSE:MX) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Investors Can Find Comfort In Methanex's (TSE:MX) Earnings Quality

Feb 07
Investors Can Find Comfort In Methanex's (TSE:MX) Earnings Quality

These 4 Measures Indicate That Methanex (TSE:MX) Is Using Debt Reasonably Well

Jan 24
These 4 Measures Indicate That Methanex (TSE:MX) Is Using Debt Reasonably Well
author-image

Full Operation At G3 Plant Will Increase Production Capacity By 18 Million Tonnes Per Year

Jan 16 Successful G3 plant operations and new gas contracts in Chile enhance production capacity and stabilize revenues, benefiting future earnings.

What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

Dec 21
What Does Methanex Corporation's (TSE:MX) Share Price Indicate?

Unpleasant Surprises Could Be In Store For Methanex Corporation's (TSE:MX) Shares

Jul 29
Unpleasant Surprises Could Be In Store For Methanex Corporation's (TSE:MX) Shares

Should You Investigate Methanex Corporation (TSE:MX) At CA$68.73?

Jul 12
Should You Investigate Methanex Corporation (TSE:MX) At CA$68.73?

Methanex (TSE:MX) May Have Issues Allocating Its Capital

Jun 09
Methanex (TSE:MX) May Have Issues Allocating Its Capital

Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet

May 24
Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet

Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt

Nov 15
Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt

When Should You Buy Methanex Corporation (TSE:MX)?

Oct 19
When Should You Buy Methanex Corporation (TSE:MX)?

Here's What's Concerning About Methanex's (TSE:MX) Returns On Capital

Sep 01
Here's What's Concerning About Methanex's (TSE:MX) Returns On Capital

Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt

Aug 04
Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt

When Should You Buy Methanex Corporation (TSE:MX)?

Jul 20
When Should You Buy Methanex Corporation (TSE:MX)?

Methanex (TSE:MX) Will Want To Turn Around Its Return Trends

May 31
Methanex (TSE:MX) Will Want To Turn Around Its Return Trends

Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet

Apr 24
Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet

Methanex (TSE:MX) Has Some Way To Go To Become A Multi-Bagger

Feb 20
Methanex (TSE:MX) Has Some Way To Go To Become A Multi-Bagger

Methanex Corporation (TSE:MX) Shares Could Be 35% Below Their Intrinsic Value Estimate

Feb 07
Methanex Corporation (TSE:MX) Shares Could Be 35% Below Their Intrinsic Value Estimate

Is Methanex (TSE:MX) Using Too Much Debt?

Jan 09
Is Methanex (TSE:MX) Using Too Much Debt?

Shareholder Returns

MXCA ChemicalsCA Market
7D-0.6%-1.0%1.8%
1Y-34.5%-4.6%11.2%

Return vs Industry: MX underperformed the Canadian Chemicals industry which returned -4.6% over the past year.

Return vs Market: MX underperformed the Canadian Market which returned 11.2% over the past year.

Price Volatility

Is MX's price volatile compared to industry and market?
MX volatility
MX Average Weekly Movement9.1%
Chemicals Industry Average Movement9.1%
Market Average Movement9.6%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market4.1%

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 (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19681,415Rich Sumnerwww.methanex.com

Methanex Corporation produces and supplies methanol in Asia Pacific, North America, Europe, and South America. It owns and leases storage and terminal facilities. The company serves chemical and petrochemical producers.

Methanex Corporation Fundamentals Summary

How do Methanex's earnings and revenue compare to its market cap?
MX fundamental statistics
Market capCA$3.05b
Earnings (TTM)CA$310.19m
Revenue (TTM)CA$5.16b

9.8x

P/E Ratio

0.6x

P/S Ratio

Is MX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MX income statement (TTM)
RevenueUS$3.70b
Cost of RevenueUS$2.76b
Gross ProfitUS$938.16m
Other ExpensesUS$715.50m
EarningsUS$222.66m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.30
Gross Margin25.35%
Net Profit Margin6.02%
Debt/Equity Ratio94.9%

How did MX perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

22%

Payout Ratio

Does MX pay a reliable dividends?

See MX dividend history and benchmarks
When do you need to buy MX by to receive an upcoming dividend?
Methanex dividend dates
Ex Dividend DateJun 16 2025
Dividend Pay DateJun 30 2025
Days until Ex dividend36 days
Days until Dividend pay date50 days

Does MX pay a reliable dividends?

See MX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 08:26
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

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.

AnalystInstitution
null nullAlembic Global Advisors
Michael LeitheadBarclays
Joel JacksonBMO Capital Markets Equity Research