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Methanex (MX) Competitors

C$70.34
+0.35 (+0.50%)
(As of 06/10/2024 ET)

MX vs. GRA, FAT, FM, K, TNX, LUN, PAAS, KAT, AGI, and TRQ

Should you be buying Methanex stock or one of its competitors? The main competitors of Methanex include NanoXplore (GRA), FAT Brands (FAT), First Quantum Minerals (FM), Kinross Gold (K), TRX Gold (TNX), Lundin Mining (LUN), Pan American Silver (PAAS), Katanga Mining Limited (KAT.TO) (KAT), Alamos Gold (AGI), and Turquoise Hill Resources (TRQ). These companies are all part of the "basic materials" sector.

Methanex vs.

Methanex (TSE:MX) and NanoXplore (TSE:GRA) are both basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, media sentiment, community ranking, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings.

Methanex has higher revenue and earnings than NanoXplore. NanoXplore is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MethanexC$3.60B1.32C$166.99MC$3.3720.87
NanoXploreC$125.19M3.90-C$11.25M-C$0.06-47.67

NanoXplore has a consensus target price of C$3.75, suggesting a potential upside of 31.12%. Given NanoXplore's higher probable upside, analysts clearly believe NanoXplore is more favorable than Methanex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Methanex
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
NanoXplore
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Methanex had 1 more articles in the media than NanoXplore. MarketBeat recorded 1 mentions for Methanex and 0 mentions for NanoXplore. Methanex's average media sentiment score of 0.59 beat NanoXplore's score of 0.00 indicating that Methanex is being referred to more favorably in the media.

Company Overall Sentiment
Methanex Positive
NanoXplore Neutral

Methanex has a beta of 1.91, suggesting that its share price is 91% more volatile than the S&P 500. Comparatively, NanoXplore has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500.

Methanex received 425 more outperform votes than NanoXplore when rated by MarketBeat users. However, 90.91% of users gave NanoXplore an outperform vote while only 59.10% of users gave Methanex an outperform vote.

CompanyUnderperformOutperform
MethanexOutperform Votes
435
59.10%
Underperform Votes
301
40.90%
NanoXploreOutperform Votes
10
90.91%
Underperform Votes
1
9.09%

Methanex has a net margin of 4.64% compared to NanoXplore's net margin of -8.98%. Methanex's return on equity of 11.42% beat NanoXplore's return on equity.

Company Net Margins Return on Equity Return on Assets
Methanex4.64% 11.42% 2.39%
NanoXplore -8.98%-9.90%-4.58%

81.1% of Methanex shares are held by institutional investors. Comparatively, 12.1% of NanoXplore shares are held by institutional investors. 0.3% of Methanex shares are held by company insiders. Comparatively, 29.8% of NanoXplore shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Methanex beats NanoXplore on 12 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MX vs. The Competition

MetricMethanexChemicals IndustryMaterials SectorTSE Exchange
Market CapC$4.74BC$21.15BC$2.69BC$4.13B
Dividend Yield1.41%4.27%5.29%7.14%
P/E Ratio20.8772.70136.0925.54
Price / Sales1.321.67859,897.271,663.96
Price / Cash3.647.4923.3675.41
Price / Book2.412.373.823.89
Net IncomeC$166.99MC$56.29MC$158.84MC$265.82M
7 Day Performance0.01%-0.12%4.06%9.32%
1 Month Performance1.97%-1.50%0.11%-0.16%
1 Year Performance21.57%-8.80%13.46%26.10%

Methanex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRA
NanoXplore
1.8249 of 5 stars
C$2.79
flat
C$3.75
+34.4%
-15.0%C$476.00MC$125.19M-46.50450
FAT
FAT Brands
0 of 5 stars
N/AN/AN/AC$0.00N/A0.002Gap Up
FM
First Quantum Minerals
0.4144 of 5 stars
C$17.14
+5.7%
C$17.78
+3.7%
-42.5%C$14.29BC$5.93B-7.4220,000
K
Kinross Gold
3.0892 of 5 stars
C$10.79
+3.0%
C$11.88
+10.1%
+60.3%C$13.27BC$4.39B22.022,021
TNX
TRX Gold
0 of 5 stars
C$44.02
-2.5%
N/AN/AC$12.29BC$38.01M47.00130
LUN
Lundin Mining
1.1587 of 5 stars
C$15.42
+2.8%
C$16.17
+4.9%
+53.2%C$11.97BC$3.58B81.166,019Analyst Forecast
PAAS
Pan American Silver
0.1737 of 5 stars
C$28.21
+2.0%
C$29.31
+3.9%
+34.1%C$10.24BC$2.53B-42.746,200Analyst Forecast
KAT
Katanga Mining Limited (KAT.TO)
0 of 5 stars
N/AN/AN/AC$9.79BC$1.39B-0.834,457Gap Up
AGI
Alamos Gold
1.5234 of 5 stars
C$22.82
+2.0%
C$22.55
-1.2%
+34.6%C$9.08BC$1.05B32.141,900
TRQ
Turquoise Hill Resources
0 of 5 stars
N/AN/AN/AC$8.65BC$1.65B11.843,478

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This page (TSE:MX) was last updated on 6/11/2024 by MarketBeat.com Staff

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