Methanex (MX) Competitors

C$65.24
-0.11 (-0.17%)
(As of 04/25/2024 ET)

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

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

Methanex vs.

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

Methanex pays an annual dividend of C$1.01 per share and has a dividend yield of 1.5%. Lundin Gold pays an annual dividend of C$0.54 per share and has a dividend yield of 2.8%. Methanex pays out 28.9% of its earnings in the form of a dividend. Lundin Gold pays out 52.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MethanexC$3.72B1.18C$174.14MC$3.5018.64
Lundin GoldC$902.52M5.11C$179.46MC$1.0218.97

Methanex presently has a consensus price target of C$50.00, indicating a potential downside of 23.36%. Lundin Gold has a consensus price target of C$22.25, indicating a potential upside of 14.99%. Given Lundin Gold's stronger consensus rating and higher probable upside, analysts clearly believe Lundin Gold is more favorable than Methanex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Methanex
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Lundin Gold
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

82.8% of Methanex shares are owned by institutional investors. Comparatively, 26.6% of Lundin Gold shares are owned by institutional investors. 0.3% of Methanex shares are owned by insiders. Comparatively, 59.5% of Lundin Gold shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Lundin Gold has a net margin of 19.88% compared to Methanex's net margin of 4.68%. Lundin Gold's return on equity of 19.85% beat Methanex's return on equity.

Company Net Margins Return on Equity Return on Assets
Methanex4.68% 12.35% 2.52%
Lundin Gold 19.88%19.85%15.56%

Methanex has a beta of 1.94, suggesting that its stock price is 94% more volatile than the S&P 500. Comparatively, Lundin Gold has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500.

In the previous week, Lundin Gold had 23 more articles in the media than Methanex. MarketBeat recorded 28 mentions for Lundin Gold and 5 mentions for Methanex. Methanex's average media sentiment score of 1.53 beat Lundin Gold's score of 0.81 indicating that Methanex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Methanex
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Lundin Gold
5 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Methanex received 212 more outperform votes than Lundin Gold when rated by MarketBeat users. However, 61.43% of users gave Lundin Gold 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%
Lundin GoldOutperform Votes
223
61.43%
Underperform Votes
140
38.57%

Summary

Lundin Gold beats Methanex on 13 of the 20 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$4.40BC$21.76BC$2.88BC$5.29B
Dividend Yield1.48%4.24%5.36%5.50%
P/E Ratio18.6418.33141.7223.87
Price / Sales1.181.57936,654.101,418.34
Price / Cash3.647.4923.5479.30
Price / Book2.282.263.583.11
Net IncomeC$174.14MC$107.38MC$174.81MC$296.24M
7 Day Performance0.63%0.40%-0.06%0.56%
1 Month Performance8.90%2.65%13.13%14.17%
1 Year Performance10.26%-7.72%143.96%21.35%

Methanex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LUG
Lundin Gold
2.352 of 5 stars
C$19.00
+0.5%
C$21.84
+15.0%
+10.4%C$4.52BC$902.52M18.631,645Analyst Report
Analyst Revision
News Coverage
SJ
Stella-Jones
2.7201 of 5 stars
C$80.00
+0.6%
C$88.71
+10.9%
+50.3%C$4.54BC$3.32B14.232,900News Coverage
BTO
B2Gold
3.9969 of 5 stars
C$3.50
+1.4%
C$6.10
+74.1%
-37.7%C$4.55BC$1.93B350.002,212Analyst Report
Analyst Revision
News Coverage
ELD
Eldorado Gold
1.1248 of 5 stars
C$19.72
+0.7%
C$19.97
+1.3%
+34.7%C$4.01BC$1.01B27.014,700Analyst Report
Analyst Revision
OR
Osisko Gold Royalties
1.4671 of 5 stars
C$21.55
+1.9%
C$26.56
+23.2%
-1.6%C$4.00BC$247.32M-82.8833Analyst Report
Analyst Revision
News Coverage
HBM
Hudbay Minerals
1.7971 of 5 stars
C$10.55
+0.4%
C$10.85
+2.9%
+48.9%C$3.70BC$1.69B35.172,530Analyst Report
Analyst Revision
News Coverage
CGG
China Gold International Resources
0 of 5 stars
C$8.08
-2.7%
N/A+21.1%C$3.20BC$459.43M-89.782,089
CIA
Champion Iron
3.328 of 5 stars
C$5.97
+0.7%
C$8.38
+40.3%
+3.7%C$3.09BC$1.66B10.47245Analyst Report
ERO
Ero Copper
1.2086 of 5 stars
C$26.27
-1.2%
C$26.50
+0.9%
-3.7%C$2.70BC$427.48M19.753,374Analyst Report
Analyst Revision
News Coverage
FR
First Majestic Silver
0.2293 of 5 stars
C$9.31
+3.4%
C$7.33
-21.2%
-3.4%C$2.67BC$573.80M-14.322,018Upcoming Earnings

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This page (TSE:MX) was last updated on 4/25/2024 by MarketBeat.com Staff

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