| Company name | Methanex Corporation |
| Stock ticker | MEOH |
| Live stock price | [stckqut]MEOH[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Good |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $69.3 |
| Target stock price (averages with growth) | $21.33 |
| Target stock price (averages with no growth) | $31.35 |
| Target stock price (manual assumptions) | $50.43 |
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/meoh
Methanex Corporation, incorporated on March 5, 1992, is a producer and supplier of methanol to a range of international markets in North America, Asia Pacific, Europe and South America. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, and Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. Its global supply chain and distribution network provides its customers with supply of methanol. Its subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of approximately 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Methanex Corporation as long as the indicators that I describe in my book The Confident Investor are favorable.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Methanex Corporation calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $44.86
- Growth: 0.14
- Current EPS (TTM): $7.03
- P/E: 6
- Future EPS Calc: $13.53
- Future Stock Price Calc: $81.21
- Target stock price: $50.42
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I hope that this makes you a Confident Investor.