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Methanex (MX) Competitors

Methanex logo
C$71.40 -0.03 (-0.04%)
As of 01/3/2025 05:23 PM Eastern

MX vs. CLS, MAXR, MSI, MNW, CTS, ICG, PL, VCM, ESP, and VLN

Should you be buying Methanex stock or one of its competitors? The main competitors of Methanex include Celestica (CLS), Maxar Technologies (MAXR), Morneau Shepell (MSI), Mitel Networks (MNW), Converge Technology Solutions (CTS), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Vecima Networks (VCM), Brompton Energy Split (ESP), and Velan (VLN). These companies are all part of the "electronic equipment" industry.

Methanex vs.

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

Celestica has a net margin of 4.16% compared to Methanex's net margin of 4.06%. Celestica's return on equity of 20.99% beat Methanex's return on equity.

Company Net Margins Return on Equity Return on Assets
Methanex4.06% 10.21% 1.99%
Celestica 4.16%20.99%5.50%

82.9% of Methanex shares are held by institutional investors. Comparatively, 82.8% of Celestica shares are held by institutional investors. 0.4% of Methanex shares are held by insiders. Comparatively, 1.0% of Celestica shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Methanex has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500. Comparatively, Celestica has a beta of 2.23, meaning that its stock price is 123% more volatile than the S&P 500.

In the previous week, Methanex and Methanex both had 2 articles in the media. Methanex's average media sentiment score of 0.95 beat Celestica's score of 0.74 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Celestica
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Methanex received 223 more outperform votes than Celestica when rated by MarketBeat users. Likewise, 59.19% of users gave Methanex an outperform vote while only 56.28% of users gave Celestica an outperform vote.

CompanyUnderperformOutperform
MethanexOutperform Votes
438
59.19%
Underperform Votes
302
40.81%
CelesticaOutperform Votes
215
56.28%
Underperform Votes
167
43.72%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MethanexC$3.58B1.34C$145.52MC$2.9124.54
CelesticaC$8.78B1.89C$365.70MC$4.2233.16

Celestica has a consensus price target of C$55.00, suggesting a potential downside of 60.70%. Given Celestica's higher possible upside, analysts clearly believe Celestica 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)
0 Buy rating(s)
3 Strong Buy rating(s)
3.50
Celestica
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Summary

Celestica beats Methanex on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$4.81BC$24.35BC$2.92BC$6.20B
Dividend Yield1.64%4.33%5.07%5.40%
P/E Ratio24.5411.85109.6525.45
Price / Sales1.341.43866,506.441,425.90
Price / Cash3.647.4924.4582.88
Price / Book2.392.053.733.15
Net IncomeC$145.52MC$43.81MC$153.81MC$296.55M
7 Day Performance1.03%0.47%2.62%2.49%
1 Month Performance7.95%-3.33%0.87%-0.67%
1 Year Performance14.59%-10.65%21.88%37.85%

Methanex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MX
Methanex
N/AC$71.40
0.0%
N/A+17.1%C$4.81BC$3.58B24.54900News Coverage
CLS
Celestica
1.7941 of 5 stars
C$135.01
-1.5%
C$55.00
-59.3%
+275.2%C$16.01BC$8.78B31.9923,900Gap Down
MAXR
Maxar Technologies
N/AN/AN/AN/AC$5.35BC$1.60B-25.654,600
MSI
Morneau Shepell
N/AN/AN/AN/AC$2.22BC$993.25M83.5520,000
MNW
Mitel Networks
N/AN/AN/AN/AC$1.82BC$1.30B-128.523,300High Trading Volume
CTS
Converge Technology Solutions
3.5274 of 5 stars
C$3.24
-1.2%
C$5.86
+80.8%
-9.1%C$632.45MC$2.64B-4.054,210Analyst Forecast
News Coverage
ICG
Integra Gold
N/AC$0.85
+∞
N/A+0.0%C$413.33MN/A0.00147,000Gap Up
PL
Pinnacle Renewable Energy
N/AN/AN/AN/AC$376.63MC$490.50M-74.77800
VCM
Vecima Networks
1.7316 of 5 stars
C$15.01
-1.9%
C$25.50
+69.9%
-5.8%C$364.89MC$291.05M18.76591News Coverage
ESP
Brompton Energy Split
N/AC$5.46
+1.7%
N/A+71.7%C$193.64MC$26.82M-79.13150Gap Up
VLN
Velan
N/AC$10.50
-1.4%
N/A+104.9%C$63.21MC$374.99M-13.13310High Trading Volume

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This page (TSE:MX) was last updated on 1/5/2025 by MarketBeat.com Staff
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