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Methanex TSX:MX Stock Report

Last Price

CA$67.12

Market Cap

CA$4.5b

7D

1.2%

1Y

15.8%

Updated

01 Aug, 2024

Data

Company Financials +

MX Stock Overview

Produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia.

MX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends2/6

Methanex Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Methanex
Historical stock prices
Current Share PriceCA$67.12
52 Week HighCA$74.25
52 Week LowCA$53.00
Beta1.87
11 Month Change1.93%
3 Month Change1.70%
1 Year Change15.80%
33 Year Change61.46%
5 Year Change49.16%
Change since IPO1,391.56%

Recent News & Updates

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

Recent updates

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?

We Ran A Stock Scan For Earnings Growth And Methanex (TSE:MX) Passed With Ease

Nov 25
We Ran A Stock Scan For Earnings Growth And Methanex (TSE:MX) Passed With Ease

Investors Will Want Methanex's (TSE:MX) Growth In ROCE To Persist

Nov 12
Investors Will Want Methanex's (TSE:MX) Growth In ROCE To Persist

Here's Why Methanex (TSE:MX) Can Manage Its Debt Responsibly

Oct 07
Here's Why Methanex (TSE:MX) Can Manage Its Debt Responsibly

Do Methanex's (TSE:MX) Earnings Warrant Your Attention?

Aug 17
Do Methanex's (TSE:MX) Earnings Warrant Your Attention?

Methanex (TSE:MX) Is Doing The Right Things To Multiply Its Share Price

Jun 28
Methanex (TSE:MX) Is Doing The Right Things To Multiply Its Share Price

Methanex (TSE:MX) Has A Pretty Healthy Balance Sheet

May 16
Methanex (TSE:MX) Has A Pretty Healthy Balance Sheet

Methanex (TSE:MX) Shareholders Will Want The ROCE Trajectory To Continue

Mar 19
Methanex (TSE:MX) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Fair Value Of Methanex Corporation (TSE:MX)

Feb 11
A Look At The Fair Value Of Methanex Corporation (TSE:MX)

Is Methanex (TSE:MX) A Risky Investment?

Jan 01
Is Methanex (TSE:MX) A Risky Investment?

Statutory Profit Doesn't Reflect How Good Methanex's (TSE:MX) Earnings Are

Nov 03
Statutory Profit Doesn't Reflect How Good Methanex's (TSE:MX) Earnings Are

Is Methanex Corporation (TSE:MX) Trading At A 43% Discount?

Sep 29
Is Methanex Corporation (TSE:MX) Trading At A 43% Discount?

Shareholder Returns

MXCA ChemicalsCA Market
7D1.2%1.0%2.1%
1Y15.8%-14.7%14.3%

Return vs Industry: MX exceeded the Canadian Chemicals industry which returned -18.1% over the past year.

Return vs Market: MX exceeded 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 Movement4.0%
Chemicals Industry Average Movement7.7%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: MX has not had significant price volatility in the past 3 months.

Volatility Over Time: MX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19681,451Rich Sumnerwww.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

How do Methanex's earnings and revenue compare to its market cap?
MX fundamental statistics
Market capCA$4.52b
Earnings (TTM)CA$200.93m
Revenue (TTM)CA$4.95b

22.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MX income statement (TTM)
RevenueUS$3.58b
Cost of RevenueUS$2.90b
Gross ProfitUS$682.36m
Other ExpensesUS$536.84m
EarningsUS$145.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.16
Gross Margin19.05%
Net Profit Margin4.06%
Debt/Equity Ratio93.6%

How did MX perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

34%

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 DateSep 16 2024
Dividend Pay DateSep 30 2024
Days until Ex dividend45 days
Days until Dividend pay date59 days

Does MX pay a reliable dividends?

See MX dividend history and benchmarks
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