CEMATRIX Corporation

TSX:CEMX Stock Report

Market Cap: CA$82.4m

CEMATRIX Future Growth

Future criteria checks 5/6

CEMATRIX is forecast to grow earnings and revenue by 44.9% and 25.9% per annum respectively while EPS is expected to grow by 40.5% per annum.

Key information

44.9%

Earnings growth rate

40.51%

EPS growth rate

Basic Materials earnings growth11.5%
Revenue growth rate25.9%
Future return on equityn/a
Analyst coverage

Low

Last updated07 May 2026

Recent future growth updates

Recent updates

Narrative Update Apr 24

CEMX: Share Buybacks Will Support Upside As New Contracts Are Delivered

Analysts have maintained their fair value estimate for CEMATRIX at CA$0.75, making only minor adjustments to assumptions for the discount rate, revenue growth, profit margin, and future P/E ratio that support this unchanged price target. What's in the News The Board of Directors authorized a share buyback plan for CEMATRIX Corporation on April 14, 2026, signalling intent to repurchase shares under a formal program (Key Developments).
Narrative Update Apr 10

CEMX: Multi Year Contract Awards And Share Buybacks Will Drive Future Upside

Analysts have kept their fair value estimate for CEMATRIX steady at CA$0.75 per share, with only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions behind their updated price target work. What's in the News CEMATRIX announced $7.1 million in new contract awards, mainly for load reducing fill work on highway, retaining wall, and utilities projects, with most related work expected to be completed in 2026 (Key Developments).
Narrative Update Mar 27

CEMX: Multi Year Contract Wins And Buybacks Will Support Future Upside

Analysts have lifted their price target for CEMATRIX to CA$0.75 from CA$0.65, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that together point to a higher assessed fair value. What's in the News CEMATRIX announced $4.7 million in new contract awards across Canada and the US, covering grouting for a city infrastructure project, a load reducing fill application for an abandonment project, and several small to mid sized lightweight fill projects, with all related work expected to be completed in 2026 (company announcement).
Narrative Update Mar 11

CEMX: Multi Year Contract Awards Will Support Future Upside

Analysts have kept their CEMATRIX fair value estimate steady at CA$0.65. They have fine tuned inputs around the discount rate, revenue growth expectations, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings potential, without a material shift in their overall price target stance.
Narrative Update Feb 25

CEMX: Long Dated Contract Pipeline Will Support Future Upside

Analysts maintained their fair value estimate for CEMATRIX at CA$0.65 while making only minor adjustments to their model inputs, including the discount rate, revenue growth, profit margin and future P/E assumptions. These changes suggest that the latest data serves to fine-tune rather than fundamentally alter their core outlook.
Narrative Update Feb 10

CEMX: New Long Dated Contract Awards Will Support Future Upside

Analysts have kept their fair value estimate for CEMATRIX steady at $0.65, with only minor tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E, resulting in an unchanged overall price target. What's in the News CEMATRIX announced $7.1 million in new contract awards in the form of contracts and contracts in process, with most related work expected to be completed in 2026 (Client Announcements).
Narrative Update Jan 26

CEMX: New Contract Awards And Steady Outlook Will Support Future Upside

Analysts have kept their fair value estimate for CEMATRIX steady at $0.65. They cite slightly more conservative assumptions for revenue growth and profit margins, along with a higher future P/E expectation, which together temper the upside they see in the shares.
Narrative Update Jan 11

CEMX: New Contract Wins Will Support Future Earnings Upside

Analysts have kept their price target for CEMATRIX steady, with a fair value estimate of $0.65 unchanged, as only minor tweaks to inputs like the discount rate, revenue growth, profit margin, and forward P/E assumptions were made. What's in the News CEMATRIX announced $6.9 million in new contract awards, including an increase in scope for a load reducing fill application on a highway improvement project, plus multiple lightweight fill projects in Canada and the US (Client Announcements).
Narrative Update Dec 24

CEMX: New Contract Awards Will Drive Future Earnings And Share Price Upside

Analysts have modestly reaffirmed their view on CEMATRIX, maintaining the price target at approximately $0.65 per share. Minor tweaks to discount rate, revenue growth, profit margin, and future valuation assumptions did not materially alter their long term outlook.
Narrative Update Dec 10

CEMX: Upcoming Contract Awards Will Drive Stronger Profitability And Share Price Momentum

Analysts have marginally reaffirmed their outlook on CEMATRIX, maintaining the target price at approximately $0.65 per share as they continue to factor in expectations of robust forecast revenue growth and steady profit margins. What's in the News CEMATRIX completed its previously announced share buyback program, repurchasing a total of 703,589 shares, representing approximately 0.47% of shares outstanding for CAD 210 million under the April 15, 2025 authorization (Key Developments).
Narrative Update Nov 26

CEMX: Upcoming Contracts Will Drive Stronger Profitability And Share Price Momentum

Narrative Update: CEMATRIX Analyst Price Target Raised Analysts have increased their target price for CEMATRIX from $0.55 to $0.65 per share. They cite adjustments to key valuation metrics and modest improvements in projected profitability as the main factors for this upward revision.
Analysis Article Oct 15

Why Investors Shouldn't Be Surprised By CEMATRIX Corporation's (TSE:CEMX) 29% Share Price Surge

CEMATRIX Corporation ( TSE:CEMX ) shares have had a really impressive month, gaining 29% after a shaky period...
User avatar
New Narrative Aug 10

North American Infrastructure Investments Will Drive Sustainable Opportunities

Regulatory trends and customer demand for sustainable building materials position CEMATRIX's eco-friendly products for increased market share and improved margins.
Analysis Article Apr 23

Even With A 26% Surge, Cautious Investors Are Not Rewarding CEMATRIX Corporation's (TSE:CEMX) Performance Completely

CEMATRIX Corporation ( TSE:CEMX ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...
Analysis Article Feb 05

CEMATRIX Corporation's (TSE:CEMX) Shares Not Telling The Full Story

When close to half the companies in the Basic Materials industry in Canada have price-to-sales ratios (or "P/S") above...
Analysis Article Nov 16

CEMATRIX (TSE:CEMX) Could Be Struggling To Allocate Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Sep 24

CEMATRIX Corporation (TSE:CEMX) Not Doing Enough For Some Investors As Its Shares Slump 28%

Unfortunately for some shareholders, the CEMATRIX Corporation ( TSE:CEMX ) share price has dived 28% in the last thirty...
Analysis Article Aug 15

Additional Considerations Required While Assessing CEMATRIX's (TSE:CEMX) Strong Earnings

Last week's profit announcement from CEMATRIX Corporation ( TSE:CEMX ) was underwhelming for investors, despite...
Analysis Article Jul 24

Fewer Investors Than Expected Jumping On CEMATRIX Corporation (TSE:CEMX)

CEMATRIX Corporation's ( TSE:CEMX ) price-to-sales (or "P/S") ratio of 1.1x may look like a pretty appealing investment...
Analysis Article Apr 24

A Piece Of The Puzzle Missing From CEMATRIX Corporation's (CVE:CVX) 26% Share Price Climb

The CEMATRIX Corporation ( CVE:CVX ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Feb 06

CEMATRIX Corporation's (CVE:CVX) Subdued P/S Might Signal An Opportunity

When you see that almost half of the companies in the Basic Materials industry in Canada have price-to-sales ratios (or...
Analysis Article Nov 10

Is CEMATRIX (CVE:CVX) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 01

CEMATRIX Corporation (CVE:CVX) Doing What It Can To Lift Shares

When you see that almost half of the companies in the Basic Materials industry in Canada have price-to-sales ratios (or...
Analysis Article Dec 15

Is CEMATRIX (CVE:CVX) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 05

Is CEMATRIX (CVE:CVX) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 21

Is CEMATRIX (CVE:CVX) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 03

Is CEMATRIX (CVE:CVX) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 21

Calculating The Intrinsic Value Of CEMATRIX Corporation (CVE:CVX)

How far off is CEMATRIX Corporation ( CVE:CVX ) from its intrinsic value? Using the most recent financial data, we'll...
Analysis Article May 26

At CA$0.50, Is CEMATRIX Corporation (CVE:CVX) Worth Looking At Closely?

CEMATRIX Corporation ( CVE:CVX ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Mar 10

Here's Why CEMATRIX (CVE:CVX) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 25

How Much Is CEMATRIX's (CVE:CVX) CEO Getting Paid?

This article will reflect on the compensation paid to Jeff Kendrick who has served as CEO of CEMATRIX Corporation...

Earnings and Revenue Growth Forecasts

TSX:CEMX - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20277389101
12/31/2026605451
3/31/20264641010N/A
12/31/202545434N/A
9/30/202543313N/A
6/30/2025382-20N/A
3/31/202534-1-4-2N/A
12/31/202435035N/A
9/30/202445255N/A
6/30/202455356N/A
3/31/202455346N/A
12/31/2023531-11N/A
9/30/202342-2-4-2N/A
6/30/202333-4-4-2N/A
3/31/202331-5-5-3N/A
12/31/202229-6-5-3N/A
9/30/202228-6-4-3N/A
6/30/202223-6-4-3N/A
3/31/202223-4-3-2N/A
12/31/202123-2-2-1N/A
9/30/202120-7-10N/A
6/30/202124-811N/A
3/31/202127-812N/A
12/31/202027-1022N/A
9/30/202027-311N/A
6/30/202024-2-10N/A
3/31/202023-111N/A
12/31/2019230N/A1N/A
9/30/201923-1N/A0N/A
6/30/2019230N/A1N/A
3/31/201919-2N/A0N/A
12/31/201818-1N/A-1N/A
9/30/201812-2N/A0N/A
6/30/20187-2N/A-1N/A
3/31/20187-1N/A0N/A
12/31/20178-1N/A0N/A
9/30/20178-1N/A0N/A
6/30/20178-1N/A0N/A
3/31/20179-1N/A0N/A
12/31/201610-1N/A0N/A
9/30/2016150N/A1N/A
6/30/2016162N/A2N/A
3/31/2016162N/A2N/A
12/31/2015152N/A2N/A
9/30/2015131N/A1N/A
6/30/2015100N/A1N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEMX's forecast earnings growth (44.9% per year) is above the savings rate (3%).

Earnings vs Market: CEMX's earnings (44.9% per year) are forecast to grow faster than the Canadian market (10.9% per year).

High Growth Earnings: CEMX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CEMX's revenue (25.9% per year) is forecast to grow faster than the Canadian market (5% per year).

High Growth Revenue: CEMX's revenue (25.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CEMX's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 04:16
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CEMATRIX Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell StanleyBeacon Securities Limited