Methanex Stock Shares Outstanding
| MX Stock | CAD 65.35 0.16 0.24% |
Methanex fundamentals help investors to digest information that contributes to Methanex's financial success or failures. It also enables traders to predict the movement of Methanex Stock. The fundamental analysis module provides a way to measure Methanex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Methanex stock.
As of the 25th of April 2024, Common Stock Shares Outstanding is likely to grow to about 93.7 M. Methanex | Shares Outstanding |
Methanex Company Shares Outstanding Analysis
Methanex's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Methanex Shares Outstanding | 67.39 M |
Most of Methanex's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Methanex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Methanex Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Methanex is extremely important. It helps to project a fair market value of Methanex Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Methanex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Methanex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Methanex's interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Methanex Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Methanex has 67.39 M of shares currently outstending. This is 89.03% lower than that of the Chemicals sector and 76.36% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 88.22% higher than that of the company.
Methanex Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Methanex's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Methanex could also be used in its relative valuation, which is a method of valuing Methanex by comparing valuation metrics of similar companies.Methanex is currently under evaluation in shares outstanding category among related companies.
Methanex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Methanex from analyzing Methanex's financial statements. These drivers represent accounts that assess Methanex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Methanex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.0B | 3.5B | 3.0B | 2.7B | 3.2B | 2.1B | |
| Enterprise Value | 5.0B | 5.7B | 4.9B | 4.9B | 5.8B | 6.0B |
Methanex Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0252 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 7.2 B | ||||
| Shares Outstanding | 67.39 M | ||||
| Shares Owned By Insiders | 0.30 % | ||||
| Shares Owned By Institutions | 82.89 % | ||||
| Number Of Shares Shorted | 325.28 K | ||||
| Price To Earning | 4.86 X | ||||
| Price To Book | 1.68 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 3.72 B | ||||
| Gross Profit | 947.19 M | ||||
| EBITDA | 524.64 M | ||||
| Net Income | 174.14 M | ||||
| Cash And Equivalents | 857.75 M | ||||
| Cash Per Share | 13.69 X | ||||
| Total Debt | 314.72 M | ||||
| Debt To Equity | 1.21 % | ||||
| Current Ratio | 2.15 X | ||||
| Book Value Per Share | 28.65 X | ||||
| Cash Flow From Operations | 692.3 M | ||||
| Short Ratio | 3.32 X | ||||
| Earnings Per Share | 3.52 X | ||||
| Price To Earnings To Growth | 0.99 X | ||||
| Target Price | 74.26 | ||||
| Number Of Employees | 1.45 K | ||||
| Beta | 1.94 | ||||
| Market Capitalization | 4.4 B | ||||
| Total Asset | 6.43 B | ||||
| Retained Earnings | 1.51 B | ||||
| Working Capital | 178.01 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.51 % | ||||
| Net Asset | 6.43 B | ||||
| Last Dividend Paid | 0.73 |
About Methanex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Methanex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Methanex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Methanex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Methanex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Methanex's short interest history, or implied volatility extrapolated from Methanex options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Methanex Stock analysis
When running Methanex's price analysis, check to measure Methanex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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