Methanex Corp
TSX:MX

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Methanex Corp
TSX:MX
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Price: 76.69 CAD -1.06% Market Closed
Market Cap: CA$5.9B

EV/EBIT

16.4
Current
11%
More Expensive
vs 3-y median of 14.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.4
=
Enterprise Value
CA$9.5B
/
EBIT
$463.1m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.4
=
Enterprise Value
CA$9.5B
/
EBIT
$463.1m

Valuation Scenarios

Methanex Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (14.7), the stock would be worth CA$69.11 (10% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-41%
Maximum Upside
No Upside Scenarios
Average Downside
23%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 16.4 CA$76.69
0%
3-Year Average 14.7 CA$69.11
-10%
5-Year Average 11.7 CA$54.98
-28%
Industry Average 9.6 CA$44.92
-41%
Country Average 14.5 CA$67.82
-12%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
CA$9.5B
/
Jan 2026
$463.1m
=
16.4
Current
CA$9.5B
/
Dec 2026
$501.6m
=
19
Forward
CA$9.5B
/
Dec 2027
$533m
=
17.8
Forward
CA$9.5B
/
Dec 2028
$526.3m
=
18.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CA
Methanex Corp
TSX:MX
5.9B CAD 16.4 58.4
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 33.9 -8.8
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 189.4 25.7
US
Dow Inc
NYSE:DOW
25.8B USD 163.8 -9.8
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
443.3T IDR 111.1 14.9
UK
LyondellBasell Industries NV
NYSE:LYB
23B USD 38.4 -30.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
142.7B CNY 19.4 20.5
TW
Nan Ya Plastics Corp
TWSE:1303
585.3B TWD 176.6 129.5
KR
LG Chem Ltd
KRX:051910
22.7T KRW 31.5 -12.5
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
108.1B CNY 28.4 146.8
CN
Zhejiang Juhua Co Ltd
SSE:600160
92.1B CNY 18.4 23.3
P/E Multiple
Earnings Growth PEG
CA
Methanex Corp
TSX:MX
Average P/E: 59.9
58.4
N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -8.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
25.7
N/A N/A
US
Dow Inc
NYSE:DOW
Negative Multiple: -9.8 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
14.9
N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -30.6 N/A N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
20.5
17%
1.2
TW
Nan Ya Plastics Corp
TWSE:1303
129.5
99%
1.3
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -12.5 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
146.8
82%
1.8
CN
Zhejiang Juhua Co Ltd
SSE:600160
23.3
46%
0.5

Market Distribution

In line with most companies in Canada
Percentile
58th
Based on 1 813 companies
58th percentile
16.4
Low
0 — 10.6
Typical Range
10.6 — 20.6
High
20.6 —
Distribution Statistics
Canada
Min 0
30th Percentile 10.6
Median 14.5
70th Percentile 20.6
Max 3 794.4

Methanex Corp
Glance View

Market Cap
5.9B CAD
Industry
Chemicals

In the shifting landscapes of global energy markets, Methanex Corporation stands as the world's largest producer and supplier of methanol. Headquartered in Vancouver, Canada, Methanex is an enterprise that bridges a complex supply chain, converting natural gas into methanol, a key component used in the manufacture of countless everyday products, from adhesives and paints to windshield washer fluids and refrigerants. The company navigates a tightly controlled operation, orchestrating its production across strategically located plants in North America, South America, Europe, and Asia. This geographical diversity offers a competitive edge, allowing Methanex to serve its global clientele efficiently while mitigating risks associated with regional disruptions. Methanex's revenue stream thrives on its ability to penetrate diverse markets with precision. Its business model capitalizes on both direct sales and long-term strategic partnerships, hence securing a constant demand for methanol. The firm's logistics arm plays an integral role in its economic success, ensuring a seamless distribution from production sites to end-users via chartered ocean tankers and an extensive network of terminals. By optimizing its operations with strategic fleet management and port terminals, Methanex not only maximizes supply chain efficiency but also leverages bulk pricing strategies to remain competitive. Despite facing the inherent volatility of commodity markets, Methanex fortifies its position through technological innovation and strategic risk management, thereby retaining its dominance in the global methanol industry.

MX Intrinsic Value
83.35 CAD
Undervaluation 8%
Intrinsic Value
Price
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