Methanex Corp
TSX:MX

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Methanex Corp
TSX:MX
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Price: 69.99 CAD 0.4% Market Closed
Market Cap: 4.7B CAD
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Relative Value

The Relative Value of one MX stock under the Base Case scenario is 142.08 CAD. Compared to the current market price of 69.99 CAD, Methanex Corp is Undervalued by 51%.

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
142.08 CAD
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
33
vs Industry
59
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
Forward
0.8
vs History
15
vs Industry
36
Median 3Y
12.3
Median 5Y
11.4
Industry
21.5
Forward
14.1
vs History
28
vs Industry
59
Median 3Y
3.8
Median 5Y
4.1
Industry
12.8
vs History
9
vs Industry
7
Median 3Y
7.8
Median 5Y
7.3
Industry
20.1
vs History
66
vs Industry
40
Median 3Y
1.5
Median 5Y
1.6
Industry
1.6
vs History
34
vs Industry
44
Median 3Y
1.3
Median 5Y
1.3
Industry
1.6
Forward
1.4
vs History
31
vs Industry
36
Median 3Y
6.4
Median 5Y
6.9
Industry
7
vs History
42
vs Industry
50
Median 3Y
6.3
Median 5Y
7.4
Industry
13.1
Forward
7.2
vs History
25
vs Industry
27
Median 3Y
11.5
Median 5Y
11.6
Industry
17.2
Forward
15.2
vs History
38
vs Industry
48
Median 3Y
6
Median 5Y
7.4
Industry
13.5
vs History
71
vs Industry
22
Median 3Y
13.2
Median 5Y
20.4
Industry
18.8
vs History
68
vs Industry
52
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
4.7B CAD 0.9 21.5 8.2 21.2
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 134.1 13.4 59
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
43.8B USD 25.3 -607.3 -905.5 -905.5
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
607.7T IDR 21.7 -521.4 -778.5 -778.5
US
Dow Inc
NYSE:DOW
27.2B USD 0.6 25.9 8.7 21.7
UK
LyondellBasell Industries NV
NYSE:LYB
23.7B USD 0.6 11.1 7.1 10.7
CN
Hengli Petrochemical Co Ltd
SSE:600346
105.6B CNY 0.4 16.7 19 19
US
Westlake Corp
NYSE:WLK
14.2B USD 1.2 148.2 8.2 19
KR
LG Chem Ltd
KRX:051910
19.2T KRW 0.4 67.9 5.5 22.9
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
83B CNY 0.3 43.1 21.3 21.3
JP
Toray Industries Inc
TSE:3402
1.6T JPY 0.6 33.7 8.5 20.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Methanex Corp
TSX:MX
Average EV/EBITDA: 11.1
8.2
23%
0.4
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
13.4
20%
0.7
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -905.5 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -778.5 N/A N/A
US
Dow Inc
NYSE:DOW
8.7
15%
0.6
UK
LyondellBasell Industries NV
NYSE:LYB
7.1
3%
2.4
CN
Hengli Petrochemical Co Ltd
SSE:600346
19
32%
0.6
US
Westlake Corp
NYSE:WLK
8.2
9%
0.9
KR
LG Chem Ltd
KRX:051910
5.5
23%
0.2
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.3
65%
0.3
JP
Toray Industries Inc
TSE:3402
8.5
13%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Methanex Corp
TSX:MX
Average EV/EBIT: 23.9
21.2
41%
0.5
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
59
50%
1.2
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -905.5 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -778.5 N/A N/A
US
Dow Inc
NYSE:DOW
21.7
26%
0.8
UK
LyondellBasell Industries NV
NYSE:LYB
10.7
6%
1.8
CN
Hengli Petrochemical Co Ltd
SSE:600346
19
11%
1.7
US
Westlake Corp
NYSE:WLK
19
17%
1.1
KR
LG Chem Ltd
KRX:051910
22.9
34%
0.7
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
21.3
36%
0.6
JP
Toray Industries Inc
TSE:3402
20.5
N/A N/A