Methanex Stock Current Valuation

MX Stock  CAD 65.64  0.20  0.31%   
Valuation analysis of Methanex helps investors to measure Methanex's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 2nd of December 2024, Enterprise Value is likely to grow to about 6.1 B, while Enterprise Value Over EBITDA is likely to drop 8.21. Fundamental drivers impacting Methanex's valuation include:
Price Book
1.5771
Enterprise Value
7.9 B
Enterprise Value Ebitda
7.3016
Price Sales
1.1977
Forward PE
10.4932
Overvalued
Today
65.64
Please note that Methanex's price fluctuation is very steady at this time. Calculation of the real value of Methanex is based on 3 months time horizon. Increasing Methanex's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Methanex is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Methanex Stock. However, Methanex's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  65.64 Real  51.74 Hype  65.64 Naive  63.26
The intrinsic value of Methanex's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Methanex's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
51.74
Real Value
72.20
Upside
Estimating the potential upside or downside of Methanex helps investors to forecast how Methanex stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Methanex more accurately as focusing exclusively on Methanex's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.540.820.95
Details
Hype
Prediction
LowEstimatedHigh
63.4865.6467.80
Details
Potential
Annual Dividend
LowForecastedHigh
0.320.320.33
Details

Methanex Company Current Valuation Analysis

Methanex's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Methanex Current Valuation

    
  7.87 B  
Most of Methanex's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Methanex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Methanex Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Methanex is extremely important. It helps to project a fair market value of Methanex Stock properly, considering its historical fundamentals such as Current Valuation. Since Methanex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Methanex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Methanex's interrelated accounts and indicators.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Methanex has a Current Valuation of 7.87 B. This is 30.99% lower than that of the Chemicals sector and 43.34% lower than that of the Materials industry. The current valuation for all Canada stocks is 52.64% higher than that of the company.

Methanex Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Methanex's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Methanex could also be used in its relative valuation, which is a method of valuing Methanex by comparing valuation metrics of similar companies.
Methanex is currently under evaluation in current valuation category among its peers.

Methanex Current Valuation Drivers

We derive many important indicators used in calculating different scores of Methanex from analyzing Methanex's financial statements. These drivers represent accounts that assess Methanex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Methanex's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.0B3.5B3.0B2.7B3.2B2.0B
Enterprise Value5.0B5.8B5.0B4.9B5.8B6.1B

Methanex Fundamentals

About Methanex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Methanex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Methanex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Methanex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Methanex

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Methanex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Methanex will appreciate offsetting losses from the drop in the long position's value.

Moving against Methanex Stock

  0.52ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Methanex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Methanex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Methanex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Methanex to buy it.
The correlation of Methanex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Methanex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Methanex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Methanex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.