Methanex Corporation
Methanex Corporation produces and supplies methanol in Asia Pacific, North America, Europe, and South America. It owns and leases storage and terminal facilities. The company serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.
Methanex Corporation (MEOH) - Net Assets
Latest net assets as of September 2025: $2.87 Billion USD
Based on the latest financial reports, Methanex Corporation (MEOH) has net assets worth $2.87 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.52 Billion) and total liabilities ($4.65 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.87 Billion |
| % of Total Assets | 38.14% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 65.2% |
| 10-Year Change | 20.96% |
| Growth Volatility | 76.2 |
Methanex Corporation - Net Assets Trend (1992–2024)
This chart illustrates how Methanex Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Methanex Corporation (1992–2024)
The table below shows the annual net assets of Methanex Corporation from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.38 Billion | +9.58% |
| 2023-12-31 | $2.17 Billion | -10.56% |
| 2022-12-31 | $2.43 Billion | +24.29% |
| 2021-12-31 | $1.95 Billion | +35.61% |
| 2020-12-31 | $1.44 Billion | -11.59% |
| 2019-12-31 | $1.63 Billion | -9.82% |
| 2018-12-31 | $1.81 Billion | +3.59% |
| 2017-12-31 | $1.75 Billion | -3.34% |
| 2016-12-31 | $1.81 Billion | -8.29% |
| 2015-12-31 | $1.97 Billion | -4.12% |
| 2014-12-31 | $2.05 Billion | +7.76% |
| 2013-12-31 | $1.91 Billion | +28.94% |
| 2012-12-31 | $1.48 Billion | -7.75% |
| 2011-12-31 | $1.60 Billion | +12.60% |
| 2010-12-31 | $1.42 Billion | +3.91% |
| 2009-12-31 | $1.37 Billion | -1.54% |
| 2008-12-31 | $1.39 Billion | +1.02% |
| 2007-12-31 | $1.38 Billion | +13.84% |
| 2006-12-31 | $1.21 Billion | +27.35% |
| 2005-12-31 | $949.51 Million | +0.03% |
| 2004-12-31 | $949.24 Million | +21.14% |
| 2003-12-31 | $783.57 Million | -13.33% |
| 2002-12-31 | $904.08 Million | -3.35% |
| 2001-12-31 | $935.46 Million | -10.50% |
| 2000-12-31 | $1.05 Billion | +9.30% |
| 1999-12-31 | $956.30 Million | -13.66% |
| 1998-12-31 | $1.11 Billion | -7.04% |
| 1997-12-31 | $1.19 Billion | +7.13% |
| 1996-12-31 | $1.11 Billion | -2.40% |
| 1995-12-31 | $1.14 Billion | +13.08% |
| 1994-12-31 | $1.01 Billion | +134.37% |
| 1993-12-31 | $430.00 Million | +419.32% |
| 1992-12-31 | $82.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Methanex Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 177588600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.63 Billion | 77.83% |
| Common Stock | $392.20 Million | 18.73% |
| Other Comprehensive Income | $70.02 Million | 3.34% |
| Other Components | $1.95 Million | 0.09% |
| Total Equity | $2.09 Billion | 100.00% |
Methanex Corporation Competitors by Market Cap
The table below lists competitors of Methanex Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Scientific Industrial Shanghai Co Ltd
SHG:601231
|
$3.42 Billion |
|
The Phoenix Mills Limited
NSE:PHOENIXLTD
|
$3.43 Billion |
|
AllianceBernstein Holding L.P.
NYSE:AB
|
$3.43 Billion |
|
Lancaster Colony Corporation
NASDAQ:LANC
|
$3.43 Billion |
|
Getinge Industrier AB
PINK:GNGBY
|
$3.42 Billion |
|
Sime Darby Plantation Berhad
OTCGREY:SDPNF
|
$3.42 Billion |
|
Riocan REIT
PINK:RIOCF
|
$3.42 Billion |
|
Group 1 Automotive Inc
NYSE:GPI
|
$3.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Methanex Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,930,927,000 to 2,093,559,000, a change of 162,632,000 (8.4%).
- Net income of 163,986,000 contributed positively to equity growth.
- Dividend payments of 49,867,000 reduced retained earnings.
- Other comprehensive income increased equity by 47,121,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $163.99 Million | +7.83% |
| Dividends Paid | $49.87 Million | -2.38% |
| Other Comprehensive Income | $47.12 Million | +2.25% |
| Other Changes | $1.39 Million | +0.07% |
| Total Change | $- | 8.42% |
Book Value vs Market Value Analysis
This analysis compares Methanex Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 26.59x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $1.93 | $51.20 | x |
| 1993-12-31 | $10.43 | $51.20 | x |
| 1994-12-31 | $5.10 | $51.20 | x |
| 1995-12-31 | $6.01 | $51.20 | x |
| 1996-12-31 | $5.15 | $51.20 | x |
| 1997-12-31 | $6.49 | $51.20 | x |
| 1998-12-31 | $6.34 | $51.20 | x |
| 1999-12-31 | $5.52 | $51.20 | x |
| 2000-12-31 | $5.99 | $51.20 | x |
| 2001-12-31 | $6.06 | $51.20 | x |
| 2002-12-31 | $7.14 | $51.20 | x |
| 2003-12-31 | $6.37 | $51.20 | x |
| 2004-12-31 | $7.72 | $51.20 | x |
| 2005-12-31 | $8.02 | $51.20 | x |
| 2006-12-31 | $11.05 | $51.20 | x |
| 2007-12-31 | $13.08 | $51.20 | x |
| 2008-12-31 | $13.51 | $51.20 | x |
| 2009-12-31 | $13.34 | $51.20 | x |
| 2010-12-31 | $13.65 | $51.20 | x |
| 2011-12-31 | $14.89 | $51.20 | x |
| 2012-12-31 | $13.76 | $51.20 | x |
| 2013-12-31 | $17.19 | $51.20 | x |
| 2014-12-31 | $18.57 | $51.20 | x |
| 2015-12-31 | $18.83 | $51.20 | x |
| 2016-12-31 | $17.79 | $51.20 | x |
| 2017-12-31 | $17.28 | $51.20 | x |
| 2018-12-31 | $18.68 | $51.20 | x |
| 2019-12-31 | $17.36 | $51.20 | x |
| 2020-12-31 | $15.08 | $51.20 | x |
| 2021-12-31 | $22.08 | $51.20 | x |
| 2022-12-31 | $29.47 | $51.20 | x |
| 2023-12-31 | $28.47 | $51.20 | x |
| 2024-12-31 | $30.99 | $51.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Methanex Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.41%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 3.15x
- Recent ROE (7.83%) is below the historical average (11.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -10.39% | -7.41% | 0.52x | 2.69x | $-16.88 Million |
| 1993 | 2.49% | 2.01% | 0.55x | 2.26x | $-32.30 Million |
| 1994 | 43.93% | 29.75% | 0.88x | 1.68x | $341.92 Million |
| 1995 | 17.56% | 16.02% | 0.70x | 1.56x | $86.14 Million |
| 1996 | -0.71% | -0.84% | 0.53x | 1.59x | $-119.12 Million |
| 1997 | 16.95% | 15.55% | 0.66x | 1.65x | $82.85 Million |
| 1998 | -6.18% | -9.49% | 0.40x | 1.62x | $-179.16 Million |
| 1999 | -15.67% | -21.57% | 0.42x | 1.72x | $-245.53 Million |
| 2000 | 13.86% | 13.65% | 0.59x | 1.73x | $40.34 Million |
| 2001 | 7.63% | 6.22% | 0.68x | 1.81x | $-22.13 Million |
| 2002 | 2.92% | 2.62% | 0.55x | 2.01x | $-63.99 Million |
| 2003 | 0.96% | 0.54% | 0.67x | 2.66x | $-70.85 Million |
| 2004 | 24.91% | 13.75% | 0.81x | 2.24x | $141.52 Million |
| 2005 | 17.46% | 10.00% | 0.79x | 2.21x | $70.80 Million |
| 2006 | 39.94% | 22.91% | 0.86x | 2.02x | $362.02 Million |
| 2007 | 28.13% | 16.57% | 0.79x | 2.15x | $242.13 Million |
| 2008 | 13.44% | 7.45% | 0.82x | 2.20x | $44.11 Million |
| 2009 | 0.06% | 0.06% | 0.41x | 2.37x | $-122.87 Million |
| 2010 | 7.97% | 5.17% | 0.64x | 2.40x | $-25.93 Million |
| 2011 | 14.33% | 7.72% | 0.77x | 2.42x | $60.85 Million |
| 2012 | -5.28% | -2.55% | 0.75x | 2.75x | $-197.09 Million |
| 2013 | 19.86% | 10.88% | 0.74x | 2.48x | $163.39 Million |
| 2014 | 25.45% | 14.10% | 0.68x | 2.67x | $275.97 Million |
| 2015 | 11.67% | 9.01% | 0.50x | 2.61x | $28.64 Million |
| 2016 | -0.79% | -0.63% | 0.44x | 2.85x | $-172.23 Million |
| 2017 | 21.06% | 10.33% | 0.66x | 3.07x | $166.06 Million |
| 2018 | 37.65% | 14.47% | 0.85x | 3.05x | $417.86 Million |
| 2019 | 6.74% | 2.67% | 0.65x | 3.90x | $-43.36 Million |
| 2020 | -13.63% | -5.91% | 0.47x | 4.96x | $-271.59 Million |
| 2021 | 28.65% | 10.93% | 0.72x | 3.62x | $314.00 Million |
| 2022 | 16.75% | 8.21% | 0.65x | 3.14x | $142.63 Million |
| 2023 | 9.02% | 4.68% | 0.58x | 3.33x | $-18.95 Million |
| 2024 | 7.83% | 4.41% | 0.56x | 3.15x | $-45.37 Million |
Industry Comparison
This section compares Methanex Corporation's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,551,697,655
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Methanex Corporation (MEOH) | $2.87 Billion | -10.39% | 1.62x | $3.42 Billion |
| Synalloy Corporation (ACNT) | $26.00 Million | 24.62% | 0.65x | $96.97 Million |
| Advance ZincTek Limited (ADVNF) | $34.99 Million | 6.26% | 0.09x | $5.02 Million |
| AdvanSix Inc (ASIX) | $215.36 Million | 15.86% | 3.20x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $437.78 Million |
| Braskem SA Class A (BAK) | $5.89 Billion | 14.66% | 7.38x | $970.61 Million |
| Bachem Holding AG (BCHMF) | $389.21 Million | 11.99% | 0.14x | $1.98 Billion |
| BASF SE NA O.N. (BFFAF) | $36.11 Billion | 13.04% | 1.40x | $47.09 Billion |
| BioLargo Inc (BLGO) | $-770.20K | 0.00% | 0.00x | $51.87 Million |
| Black Swan Graphene Inc. (BSWGF) | $13.83 Million | -43.99% | 0.01x | $10.07 Million |
| Celanese Corporation (CE) | $2.83 Billion | 10.75% | 2.03x | $6.44 Billion |