Methanex Corporation

MX.TO · Basic Materials · Chemicals · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

1.59B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

1.48B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

1.90B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

1.66B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

4.61B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.36×

the ratio the screener ranks by

Margin of Safety

-178.4%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 1.59B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)3.92B USD
−②Net Debt Today2.75B USD
+③Growth Value423.31M USD
=Value1.59B USD

EPV of the Operations (NOPAT over WACC)

3.92B USD

Net debt today

-2.75B USD

Growth Value

+423.31M USD

Value

1.59B USD

①EPV (Earnings Power Value)

3.92B USD

②Net Debt Today

2.75B USD

③Growth Value

423.31M USD

Market value

Market Cap4.61B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-190.7%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 1.48B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE637.01M USD
+②Equity at Year 15, Today841.88M USD
=Value1.48B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

637.01M USD

②Equity at Year 15, Today

841.88M USD

Market value

Market Cap4.61B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-211.7%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 1.90B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF2.91B USD
+②Invested Capital at Year 15, Today1.74B USD
−③Net Debt Today2.75B USD
=Value1.90B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

2.91B USD

②Invested Capital at Year 15, Today

1.74B USD

③Net Debt Today

2.75B USD

Market value

Market Cap4.61B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-142.1%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 7.81%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.87×Market Risk Premium 6.00%= 9.73%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 58.50M USDPretax Income 203.44M USD= 28.76%

The tax the interest saves.

Interest Expense =EBIT 423.35M USD−Pretax Income 203.44M USD= 219.91M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 219.91M USDTotal Debt 3.14B USD×(1 − Tax Rate for WACC 28.76%)= 5.00%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 3.14B USDMarket Cap + Total Debt 4.61B USD + 3.14B USD= 40.48%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 59.52%×Cost of Equity 9.73%+Debt Weight 40.48%×Cost of Debt 5.00%= 7.81%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 7.18B USD − Total Liabilities 4.31B USD = Book Value Today 2.88B USD

Total Debt 3.14B USD − Cash and Short-Term Investments 383.29M USD = Net Debt Today 2.75B USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 114.8%at most 5%does not pass77,364,263 / 67,387,492
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets13.0%at least -10.0%passes(1.02B USD − 79.96M USD) ÷ 7.18B USD
Price to bookMarket Cap ÷ Book Value Today1.60×at most 3×passes4.61B USD ÷ 2.88B USD
Operating marginOperating Income ÷ Revenue12.9%above 10.0%passes463.54M USD ÷ 3.59B USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-3.5%above 10.0%does not pass3.59B USD / 3.72B USD
Net cash(Cash − Total Debt) ÷ Market Cap-59.7%above -30%does not pass(383.29M USD − 3.14B USD) ÷ 4.61B USD
Operating efficiencyOperating Income ÷ Gross Profit50.9%above 25.0%passes463.54M USD ÷ 910.00M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

83.44 CAD

Enterprise value

9.51B CAD

the provider's own figure

EV / EBITDA

8.50×

Price / book

1.77×

the provider's book

Price / earnings

66.69×

Return on equity

6.1%

the provider's figure, not this page's

Profit margin

2.1%

Revenue growth

75.2%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

4.32B3.73B3.72B3.59B

Gross profit

865.95M656.06M711.13M910.00M

Operating income

493.16M263.84M325.04M463.54M

EBITDA

operating income before depreciation and amortisation

1.09B795.60M799.22M869.81M

Pretax income

582.73M285.90M280.37M203.44M

Net income

354.18M174.31M164.15M79.96M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

260.91M174.31M130.84M102.79M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

6.64B6.43B6.60B7.29B

Total liabilities

4.21B4.26B4.22B4.56B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

2.11B1.93B2.10B2.45B

Total debt

3.02B3.02B3.24B3.51B

Cash and equivalents

858.60M458.47M892.80M425.76M

Net PP&E

fixed assets after depreciation

4.16B4.42B4.20B5.20B

Working capital

current assets less current liabilities

934.69M178.19M1.18B765.96M
Cash flow (USD)2022202320242025

Operating cash flow

988.34M660.93M737.92M1.02B

Capital expenditure

paid out, so below zero

-577.96M-448.90M-174.25M-99.09M

Depreciation and amortisation

372.79M392.22M386.09M446.46M

Free cash flow

operating cash flow plus capital expenditure

410.38M212.03M563.67M917.48M