Methanex Corp
TSX:MX

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Methanex Corp
TSX:MX
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Price: 46.74 CAD -0.17%
Market Cap: 3.2B CAD

Relative Value

The Relative Value of one MX stock under the Base Case scenario is 143.75 CAD. Compared to the current market price of 46.74 CAD, Methanex Corp is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MX Relative Value
Base Case
143.75 CAD
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
69
Median 3Y
0.8
Median 5Y
0.8
Industry
1.6
Forward
0.6
vs History
55
vs Industry
45
Median 3Y
12.9
Median 5Y
9.9
Industry
21.6
Forward
9
vs History
93
vs Industry
68
Median 3Y
3.7
Median 5Y
3.8
Industry
14
vs History
66
vs Industry
50
Median 3Y
2.9
Median 5Y
5.6
Industry
22.2
vs History
95
vs Industry
56
Median 3Y
1.5
Median 5Y
1.5
Industry
1.7
vs History
15
vs Industry
51
Median 3Y
1.3
Median 5Y
1.3
Industry
1.7
Forward
1.3
vs History
52
vs Industry
58
Median 3Y
6
Median 5Y
6.5
Industry
7.3
vs History
60
vs Industry
55
Median 3Y
6.3
Median 5Y
6.5
Industry
13.1
Forward
5.7
vs History
44
vs Industry
39
Median 3Y
11.6
Median 5Y
10.8
Industry
17.9
Forward
9.9
vs History
71
vs Industry
58
Median 3Y
6.3
Median 5Y
6.4
Industry
15.2
vs History
90
vs Industry
41
Median 3Y
13
Median 5Y
13.9
Industry
21.3
vs History
90
vs Industry
56
Median 3Y
1
Median 5Y
1
Industry
1.4

Multiples Across Competitors

MX Competitors Multiples
Methanex Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Methanex Corp
TSX:MX
3.2B CAD 0.6 9 6.1 11
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 -37 10.9 55.3
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
769.9T IDR 12.4 38 -253.7 -253.7
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 11.8 36.4 -243.5 -243.5
UK
LyondellBasell Industries NV
NYSE:LYB
17.8B USD 0.5 71.4 9.3 18
US
Dow Inc
NYSE:DOW
17.2B USD 0.4 -17.2 8.3 37.9
CN
Hengli Petrochemical Co Ltd
SSE:600346
116.1B CNY 0.5 16.7 19.6 19.6
KR
LG Chem Ltd
KRX:051910
22.2T KRW 0.5 -21.1 6.3 33.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.3T INR 17.4 108.2 66.2 73
ID
Barito Pacific Tbk PT
IDX:BRPT
220.2T IDR 3 24.2 78.9 78.9
IN
Amal Ltd
BSE:506597
1.2T INR 724.3 3 070 2 266.5 2 755.6
P/E Multiple
Earnings Growth PEG
CA
Methanex Corp
TSX:MX
Average P/E: 421.7
9
19%
0.5
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -37
92%
N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
38
N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
36.4
N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
71.4
19%
3.8
US
Dow Inc
NYSE:DOW
Negative Multiple: -17.2
2%
N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
16.7
17%
1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -21.1 N/A N/A
IN
Solar Industries India Ltd
NSE:SOLARINDS
108.2
32%
3.4
ID
Barito Pacific Tbk PT
IDX:BRPT
24.2
N/A N/A
IN
Amal Ltd
BSE:506597
3 070
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Methanex Corp
TSX:MX
Average EV/EBITDA: 274.7
6.1
17%
0.4
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
10.9
14%
0.8
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -253.7 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -243.5 N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
9.3
-1%
N/A
US
Dow Inc
NYSE:DOW
8.3
3%
2.8
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.6
34%
0.6
KR
LG Chem Ltd
KRX:051910
6.3
33%
0.2
IN
Solar Industries India Ltd
NSE:SOLARINDS
66.2
30%
2.2
ID
Barito Pacific Tbk PT
IDX:BRPT
78.9
N/A N/A
IN
Amal Ltd
BSE:506597
2 266.5
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Methanex Corp
TSX:MX
Average EV/EBIT: 342.5
11
27%
0.4
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
55.3
35%
1.6
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -253.7 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -243.5 N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
18
0%
N/A
US
Dow Inc
NYSE:DOW
37.9
4%
9.5
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.6
11%
1.8
KR
LG Chem Ltd
KRX:051910
33.1
93%
0.4
IN
Solar Industries India Ltd
NSE:SOLARINDS
73
29%
2.5
ID
Barito Pacific Tbk PT
IDX:BRPT
78.9
N/A N/A
IN
Amal Ltd
BSE:506597
2 755.6
N/A N/A