Methanex (MX) Competitors

C$66.62
-1.89 (-2.76%)
(As of 03:45 PM ET)

MX vs. BTO, LUG, ELD, SJ, HBM, OR, CIA, CGG, EQX, and ERO

Should you be buying Methanex stock or one of its competitors? The main competitors of Methanex include B2Gold (BTO), Lundin Gold (LUG), Eldorado Gold (ELD), Stella-Jones (SJ), Hudbay Minerals (HBM), Osisko Gold Royalties (OR), Champion Iron (CIA), China Gold International Resources (CGG), Equinox Gold (EQX), and Ero Copper (ERO). These companies are all part of the "basic materials" sector.

Methanex vs.

B2Gold (TSE:BTO) and Methanex (TSE:MX) are both mid-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, community ranking, risk, earnings, institutional ownership, media sentiment, profitability, valuation and analyst recommendations.

B2Gold has a beta of 1.13, meaning that its stock price is 13% more volatile than the S&P 500. Comparatively, Methanex has a beta of 1.94, meaning that its stock price is 94% more volatile than the S&P 500.

B2Gold currently has a consensus target price of C$6.10, indicating a potential upside of 73.15%. Methanex has a consensus target price of C$50.00, indicating a potential downside of 27.02%. Given Methanex's stronger consensus rating and higher possible upside, equities research analysts plainly believe B2Gold is more favorable than Methanex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
B2Gold
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
3.11
Methanex
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Methanex has a net margin of 4.68% compared to Methanex's net margin of 0.52%. B2Gold's return on equity of 12.35% beat Methanex's return on equity.

Company Net Margins Return on Equity Return on Assets
B2Gold0.52% 1.18% 9.68%
Methanex 4.68%12.35%2.52%

B2Gold pays an annual dividend of C$0.22 per share and has a dividend yield of 6.3%. Methanex pays an annual dividend of C$1.01 per share and has a dividend yield of 1.5%. B2Gold pays out 2,200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Methanex pays out 28.9% of its earnings in the form of a dividend.

66.9% of B2Gold shares are owned by institutional investors. Comparatively, 82.8% of Methanex shares are owned by institutional investors. 0.8% of B2Gold shares are owned by company insiders. Comparatively, 0.3% of Methanex shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Methanex has higher revenue and earnings than B2Gold. Methanex is trading at a lower price-to-earnings ratio than B2Gold, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
B2GoldC$1.93B2.37C$10.10MC$0.01352.00
MethanexC$3.72B1.24C$174.14MC$3.5019.57

In the previous week, Methanex had 6 more articles in the media than B2Gold. MarketBeat recorded 8 mentions for Methanex and 2 mentions for B2Gold. B2Gold's average media sentiment score of 0.99 beat Methanex's score of 0.45 indicating that Methanex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
B2Gold
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Methanex
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

B2Gold received 421 more outperform votes than Methanex when rated by MarketBeat users. Likewise, 80.91% of users gave B2Gold an outperform vote while only 59.10% of users gave Methanex an outperform vote.

CompanyUnderperformOutperform
B2GoldOutperform Votes
856
80.91%
Underperform Votes
202
19.09%
MethanexOutperform Votes
435
59.10%
Underperform Votes
301
40.90%

Summary

B2Gold beats Methanex on 11 of the 21 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$4.62BC$21.60BC$2.83BC$5.20B
Dividend Yield1.48%4.28%5.34%6.74%
P/E Ratio19.5776.26145.4022.78
Price / Sales1.241.53995,961.361,642.40
Price / Cash3.647.4922.9477.63
Price / Book2.392.203.713.16
Net IncomeC$174.14MC$58.88MC$165.67MC$285.73M
7 Day Performance3.15%1.62%1.07%2.02%
1 Month Performance1.11%2.55%0.27%-0.21%
1 Year Performance15.55%-8.67%148.09%20.53%

Methanex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTO
B2Gold
3.3675 of 5 stars
C$3.52
+1.1%
C$6.10
+73.2%
-36.1%C$4.58BC$1.93B352.002,212Positive News
LUG
Lundin Gold
2.3752 of 5 stars
C$18.87
+0.5%
C$22.25
+17.9%
+1.8%C$4.51BC$902.52M18.501,645
ELD
Eldorado Gold
1.1203 of 5 stars
C$20.52
+1.8%
C$20.69
+0.8%
+27.9%C$4.17BC$1.01B28.114,700Insider Selling
SJ
Stella-Jones
3.2413 of 5 stars
C$72.67
-1.8%
C$88.71
+22.1%
+33.7%C$4.12BC$3.32B12.932,900News Coverage
Gap Up
HBM
Hudbay Minerals
1.8501 of 5 stars
C$11.63
-0.2%
C$11.21
-3.6%
+67.1%C$4.08BC$1.69B40.102,530Upcoming Earnings
OR
Osisko Gold Royalties
1.098 of 5 stars
C$21.64
+1.4%
C$26.56
+22.7%
-7.6%C$4.02BC$247.32M-83.2333Gap Down
CIA
Champion Iron
2.7189 of 5 stars
C$6.58
+3.0%
C$8.13
+23.5%
+12.1%C$3.41BC$1.66B11.54245News Coverage
CGG
China Gold International Resources
0 of 5 stars
C$8.60
+3.6%
N/A+13.0%C$3.41BC$459.43M-95.562,089Gap Up
High Trading Volume
EQX
Equinox Gold
0 of 5 stars
C$7.64
+0.3%
N/A+0.7%C$2.95BC$1.09B63.673,692Gap Down
ERO
Ero Copper
0.9346 of 5 stars
C$28.70
-0.9%
C$27.08
-5.7%
+4.2%C$2.95BC$427.48M21.423,374Analyst Forecast

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This page (TSE:MX) was last updated on 5/8/2024 by MarketBeat.com Staff

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