Methanex Corp
TSX:MX

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Methanex Corp
TSX:MX
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Price: 54.2 CAD 1.48% Market Closed
Market Cap: 4.2B CAD

Relative Value

The Relative Value of one MX stock under the Base Case scenario is 118.69 CAD. Compared to the current market price of 54.2 CAD, Methanex Corp is Undervalued by 54%.

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
118.69 CAD
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
69
Median 3Y
0.8
Median 5Y
0.8
Industry
1.5
Forward
0.8
vs History
38
vs Industry
45
Median 3Y
14.3
Median 5Y
10.9
Industry
20.5
Forward
12.3
vs History
76
vs Industry
68
Median 3Y
3.8
Median 5Y
3.9
Industry
13.3
vs History
63
vs Industry
50
Median 3Y
2.3
Median 5Y
6
Industry
21.8
vs History
85
vs Industry
56
Median 3Y
1.5
Median 5Y
1.6
Industry
1.7
vs History
7
vs Industry
51
Median 3Y
1.4
Median 5Y
1.4
Industry
1.7
Forward
1.6
vs History
49
vs Industry
58
Median 3Y
6.6
Median 5Y
6.5
Industry
7.1
vs History
52
vs Industry
55
Median 3Y
6.6
Median 5Y
6.6
Industry
12.9
Forward
6.8
vs History
42
vs Industry
39
Median 3Y
11.8
Median 5Y
11.6
Industry
17.4
Forward
11.5
vs History
60
vs Industry
58
Median 3Y
6.3
Median 5Y
6.4
Industry
14.8
vs History
82
vs Industry
41
Median 3Y
13.2
Median 5Y
11.5
Industry
21
vs History
80
vs Industry
56
Median 3Y
1
Median 5Y
1
Industry
1.3

Multiples Across Competitors

MX Competitors Multiples
Methanex Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Methanex Corp
TSX:MX
4.2B CAD 0.9 14.2 6.6 11.8
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 -33.9 11.5 68.3
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 8.1 25.7 189.4 189.4
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
609.9T IDR 6.5 20.7 153.2 153.2
ID
Barito Pacific Tbk PT
IDX:BRPT
347.6T IDR 3.3 34.2 416.9 416.9
KR
LG Chem Ltd
KRX:051910
29.1T KRW 0.6 -27.6 7.4 39
CN
Hengli Petrochemical Co Ltd
SSE:600346
129.2B CNY 0.6 18.6 21.3 21.3
US
Dow Inc
NYSE:DOW
17B USD 0.4 -14.9 8.9 57.7
TW
Nan Ya Plastics Corp
TWSE:1303
484.6B TWD 1.8 -4 445.7 25.4 287.9
UK
LyondellBasell Industries NV
NYSE:LYB
14.3B USD 0.4 -11.8 9 19.6
CN
Zhejiang Juhua Co Ltd
SSE:600160
97.6B CNY 3.6 24.7 20.3 20.3
P/E Multiple
Earnings Growth PEG
CA
Methanex Corp
TSX:MX
Average P/E: 23
14.2
21%
0.7
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -33.9
73%
N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
25.7
N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
20.7
N/A N/A
ID
Barito Pacific Tbk PT
IDX:BRPT
34.2
21%
1.6
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -27.6 N/A N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
18.6
16%
1.2
US
Dow Inc
NYSE:DOW
Negative Multiple: -14.9
-22%
N/A
TW
Nan Ya Plastics Corp
TWSE:1303
Negative Multiple: -4 445.7
68%
N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -11.8
5%
N/A
CN
Zhejiang Juhua Co Ltd
SSE:600160
24.7
44%
0.6