Methanex Corporation
Methanex Corporation is a global methanol company focused on the production, marketing, and distribution of methanol to industrial customers across North America, Asia Pacific, Europe, and South America. The company supplies a key chemical feedstock used in products such as plastics, paints, adhesives, solvents, resins, and building materials, as well as in fuel and energy applications. Methanex also operates storage, terminal, and logistics assets that support its worldwide supply chain. Headquartered in Vancouver, Canada, Methanex manages production facilities in multiple countries and serves chemical and petrochemical producers through an integrated international network. As the world’s largest producer and supplier of methanol, Methanex plays a central role in the global methanol market and in the broader specialty chemicals industry.
$63.14
-$0.17 (-0.27%)
EOD Oct 21, 2026
12.90% operating margin is respectable but not wide. ROIC at 5.57%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 3.5% YoY. The question is whether this is cyclical or a structural shift.
At 61x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
61.3x earnings, 5.2x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$4.27B
▼ -3.5% YoY
Net Income (TTM)
$176M
▼ -42.1% YoY
Op. Margin
17.37%
▲ +4.2pp YoY
ROIC
5.57%
▲ +0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$936M
▲ +62.8% YoY
Op. Cash Flow (TTM)
$995M
▲ +29.8% YoY
Net Debt
$3.08B
Cash & Equiv.
$425M
3Y CAGR: -5.9%
3Y CAGR: +30.8%
Continue Research
Is Methanex (MEOH) overvalued?
At a P/E of 61.3 and a price-to-free-cash-flow of 5.2, Methanex (MEOH) trades below a two-stage DCF intrinsic value of about $205.22 per share, so at $63.14 the stock looks undervalued (225.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Methanex scores 49/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.2%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Methanex's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $205.22 per share for MEOH, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $153.92. At today's $63.14, that puts the stock about 225.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Methanex a high-quality business?+
Methanex scores 49 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 17.4% operating margin and a 5.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Methanex (MEOH) pay a dividend, and how much?+
Yes, Methanex pays a regular dividend of about $0.74 per share per year (typically in quarterly installments), a yield of roughly 1.2% at the current price. That is a payout ratio of about 32.5% of earnings, so the dividend is amply covered by earnings. Methanex has grown the dividend at roughly 7.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MEOH's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Methanex a good stock to buy right now?+
That depends on valuation and quality together, not either alone. MEOH currently trades below its estimated intrinsic value and scores 49/100 on quality (mixed). It also yields about 1.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Chemicals
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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