Methanex (MX) Competitors

C$66.00
+0.19 (+0.29%)
(As of 05/3/2024 ET)

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

Should you be buying Methanex stock or one of its competitors? The main competitors of Methanex include Lundin Gold (LUG), B2Gold (BTO), Stella-Jones (SJ), Hudbay Minerals (HBM), Eldorado Gold (ELD), Osisko Gold Royalties (OR), Champion Iron (CIA), China Gold International Resources (CGG), Ero Copper (ERO), and Perseus Mining (PRU). 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 business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations, earnings, media sentiment and community ranking.

82.8% of Methanex shares are owned by institutional investors. Comparatively, 26.8% of Lundin Gold shares are owned by institutional investors. 0.3% of Methanex shares are owned by insiders. Comparatively, 59.0% 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 lower revenue, but higher earnings than Methanex. Lundin Gold 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$3.72B1.20C$174.14MC$3.5018.86
Lundin GoldC$902.52M4.88C$179.46MC$1.0218.08

Methanex presently has a consensus target price of C$50.00, indicating a potential downside of 24.24%. Lundin Gold has a consensus target price of C$22.25, indicating a potential upside of 20.66%. Given Lundin Gold's stronger consensus rating and higher possible 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

Methanex has a beta of 1.94, meaning that its stock price is 94% more volatile than the S&P 500. Comparatively, Lundin Gold has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500.

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 2.9%. 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.

In the previous week, Methanex had 3 more articles in the media than Lundin Gold. MarketBeat recorded 6 mentions for Methanex and 3 mentions for Lundin Gold. Methanex's average media sentiment score of 0.85 beat Lundin Gold's score of 0.36 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lundin Gold
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

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%

Summary

Lundin Gold beats Methanex on 11 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$4.45BC$21.42BC$2.96BC$5.33B
Dividend Yield1.48%4.28%5.12%5.52%
P/E Ratio18.8678.89145.9423.57
Price / Sales1.201.491,040,778.741,631.61
Price / Cash3.647.4923.8179.47
Price / Book2.302.143.633.09
Net IncomeC$174.14MC$58.88MC$171.77MC$293.31M
7 Day Performance0.06%3.91%-0.22%0.04%
1 Month Performance-5.17%1.12%1.34%-0.96%
1 Year Performance10.91%-8.34%158.83%20.24%

Methanex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LUG
Lundin Gold
2.0284 of 5 stars
C$18.71
-4.0%
C$22.25
+18.9%
+0.8%C$4.46BC$902.52M18.341,645Upcoming Earnings
BTO
B2Gold
3.36 of 5 stars
C$3.48
-3.3%
C$6.10
+75.1%
-39.4%C$4.52BC$1.93B348.002,212Upcoming Earnings
Gap Down
SJ
Stella-Jones
3.192 of 5 stars
C$79.98
-0.2%
C$88.71
+10.9%
+35.4%C$4.54BC$3.32B14.232,900Upcoming Earnings
HBM
Hudbay Minerals
1.7748 of 5 stars
C$11.59
-3.7%
C$11.06
-4.6%
+73.9%C$4.06BC$1.69B38.632,530Analyst Report
Analyst Revision
News Coverage
ELD
Eldorado Gold
1.082 of 5 stars
C$19.62
-5.7%
C$20.69
+5.4%
+21.5%C$3.99BC$1.01B26.884,700Insider Selling
Analyst Revision
News Coverage
Gap Down
OR
Osisko Gold Royalties
2.6724 of 5 stars
C$21.15
-3.8%
C$26.56
+25.6%
-11.4%C$3.93BC$247.32M-81.3533Upcoming Earnings
Gap Down
CIA
Champion Iron
2.5616 of 5 stars
C$6.24
-4.1%
C$8.13
+30.2%
+12.8%C$3.23BC$1.66B10.95245
CGG
China Gold International Resources
0 of 5 stars
C$7.88
-3.9%
N/A+4.1%C$3.12BC$459.43M-87.562,089News Coverage
ERO
Ero Copper
1.1021 of 5 stars
C$28.07
-2.6%
C$26.83
-4.4%
+6.5%C$2.88BC$427.48M21.113,374Upcoming Earnings
Analyst Report
News Coverage
Gap Down
PRU
Perseus Mining
0 of 5 stars
C$2.01
-4.7%
N/A-0.5%C$2.75BC$1.02B6.701,100Gap Down

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

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