I think Methanex Corporation ($MEOH) should not be held or accumulated. Confident Investor Rating: Poor

 

Company name Methanex Corporation
Stock ticker MEOH
Live stock price [stckqut]MEOH[/stckqut]
P/E compared to competitors Fair

 

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Poor
EBITDA growth Good
Price growth Poor
R&D growth Poor
Income growth Good
Assets growth Poor
Return on Assets growth Good
Income / Rev growth Good
TWCA Plus Good
Standard TWCA Poor
Weighted ann. stock price increase Poor

 

ANALYSIS

Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $28.71
Target stock price (averages with growth) $17.13
Target stock price (averages with no growth) $24.5
Target stock price (manual assumptions) $24.15

 

The following company description is from Reuters: https://finance.yahoo.com/quote/meoh/profile?p=meoh

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, the company owns and leases storage and terminal facilities. It owns and manages a fleet of approximately 30 ocean-going vessels. The company serves chemical and petrochemical producers. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Methanex Corporation. I am removing Methanex from my Watch List.

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: $18.58
  • Growth: 0.174333333333333
  • Current EPS (TTM): $0.9467915
  • P/E: 18.3944050322267
  • Future EPS Calc: $2.11
  • Future Stock Price Calc: $38.89
  • Target stock price: $24.15

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I hope that this makes you a Confident Investor.

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