MEOH

Methanex Corp

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Advanced Chart

33.110

+0.58(1.783%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

33.260

Open

32.800

VWAP

32.99

Vol

427.21K

Mkt Cap

3.25B

Low

32.380

Amount

14.09M

EV/EBITDA(TTM)

6.73

Total Shares

67.39M

6.08B

EV/OCF(TTM)

6.59

P/S(TTM)

0.61

Methanex Corporation is a Canada-based producer and supplier of methanol globally. It serves customers in Asia Pacific, North America, Europe and South America. Its total annual operating capacity, including Methanex's interests in jointly owned plants, is over 10.6 million tons and is located in the United States, New Zealand, Trinidad and Tobago, Chile, Egypt, and Canada. In addition to the methanol produced at its sites, it purchases methanol produced by others under methanol offtake contracts and on the spot market. In the United States, its plants in Geismar, Louisiana, have the capability to serve global methanol demand. Its New Zealand production site supplies methanol primarily to customers in Asia Pacific. Its Chile production site supplies methanol to customers in South America and Asia Pacific. Its Egypt plant (Methanex interest 50%) is located on the Mediterranean Sea and primarily supplies methanol to domestic and European customers, but can also supply customers in Asia.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

1.09B

+21.48%

0.812

-37.56%

1.06B

+11.72%

0.517

-58.28%

985.91M

+5.47%

0.490

-59.54%

Estimates Revision

The market is revising Downward the revenue expectations for Methanex Corporation (MEOH) for FY2025, with the revenue forecasts being adjusted by -1.12% over the past three months. During the same period, the stock price has changed by 2.07%.

Revenue Estimates for FY2025

Revise Downward

-1.12%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-3.47%

In Past 3 Month

Stock Price

Go Up

+2.07%

In Past 3 Month

10 Analyst Rating

44.67% Upside

Wall Street analysts forecast MEOH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MEOH is 47.90 USD with a low forecast of 33.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

2 Hold

0 Sell

Strong Buy

44.67% Upside

Current: 33.110

Low

33.00

Averages

47.90

High

65.00

44.67% Upside

Current: 33.110

Low

33.00

Averages

47.90

High

65.00

Scotiabank

Outperform

NULL

downgrade

$53 -> $50

2025-08-05

New

Reason

Scotiabank

Price Target

$53 -> $50

2025-08-05

New

downgrade

Outperform

NULL

Reason

Scotiabank lowered the firm's price target on Methanex to $50 from $53 and keeps an Outperform rating on the shares. The firm lowered its price target on the stock due to the weaker outlook in New Zealand and to update its model following the acquisition of OCI Global's methanol business, the analyst tells investors.

RBC Capital

Sector Perform

Outperform

upgrade

$50

2025-08-01

Reason

RBC Capital

Price Target

$50

2025-08-01

upgrade

Sector Perform

Outperform

Reason

RBC Capital upgraded Methanex to Outperform from Sector Perform with an unchanged price target of $50. The firm sees better visibility for the company's following the completion of the acquisition of OCI's methanol assets, the passage of the One Big Beautiful Bill, and progress on U.S. tariff negotiations. At the 15-year average methanol price, RBC estimates Methanex will generate an annual run-rate of $1 billion of adjusted EBITDA before cost synergies, creating a free cash flow yield of 18%. It also believes the company has the flexibility to deleverage its balance sheet.

CIBC

Hamir Patel

Outperformer

maintain

$42 -> $44

2025-08-01

Reason

CIBC

Hamir Patel

Price Target

$42 -> $44

2025-08-01

maintain

Outperformer

Reason

CIBC analyst Hamir Patel raised the firm's price target on Methanex to $44 from $42 and keeps an Outperformer rating on the shares. The firm cites higher free cash flow generation assumptions for the target increase post the Q2 report. It believes the methanol markets remain in balance in Q3.

Raymond James

Steve Hansen

Outperform

maintain

$40 -> $45

2025-07-15

Reason

Raymond James

Steve Hansen

Price Target

$40 -> $45

2025-07-15

maintain

Outperform

Reason

Raymond James analyst Steve Hansen raised the firm's price target on Methanex to $45 from $40 and keeps an Outperform rating on the shares. The price target increase reflects better than expected methanol price trends, as both spot and contract prices benefit from a string of protracted supply disruptions across key producing countries, the analyst tells investors in a research note.

UBS

Buy

maintain

$50 -> $51

2025-07-09

Reason

UBS

Price Target

$50 -> $51

2025-07-09

maintain

Buy

Reason

UBS raised the firm's price target on Methanex to $51 from $50 and keeps a Buy rating on the shares. Better than feared tariff impacts could support downstream firms in the quarter, while commodities are likely to remain under pressure with weaker demand trends, the analyst tells investors in a research note.

JPMorgan

Neutral

initiated

$33

2025-06-10

Reason

JPMorgan

Price Target

$33

2025-06-10

initiated

Neutral

Reason

JPMorgan initiated coverage of Methanex with a Neutral rating and $33 price target. Methanex is the global leader in the production and sale of methanol, a key building block chemical used in construction materials, plastics, and fuels, the analyst tells investors in a research note. The firm says the company's balance sheet is likely to become more levered because of its probable purchase of OCI's methanol and ammonia assets in the U.S. and Europe. The general industrial business environment "remains relatively weak," and there is no likely sharp volume increases in the general level of methanol demand and perhaps some price weakness near-term, contends JPMorgan.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Methanex Corp (MEOH.O) is 13.16, compared to its 5-year average forward P/E of 13.29. For a more detailed relative valuation and DCF analysis to assess Methanex Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

13.29

Current PE

13.16

Overvalued PE

21.33

Undervalued PE

5.26

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

6.71

Current EV/EBITDA

6.03

Overvalued EV/EBITDA

8.37

Undervalued EV/EBITDA

5.04

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.78

Current PS

0.60

Overvalued PS

0.89

Undervalued PS

0.66