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CEME

CEMEX. deBMV:CEMEX CPO Stock Report

Market Cap

Mex$201.8b

7D

5.6%

1Y

49.1%

Updated

30 Nov, 2021

Data

Company Financials +
CEMEX CPO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health3/6
Dividends0/6

CEMEX CPO Stock Overview

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials worldwide.

Rewards

Trading at 64.2% below our estimate of its fair value

Earnings are forecast to grow 7.32% per year

Became profitable this year

Risk Analysis

Has a high level of debt

Volatile share price over the past 3 months

Large one-off items impacting financial results


CEMEX. de Competitors

Corporación Moctezuma. de

BMV:CMOCTEZ *

Mex$59.4b

Grupo Cementos de Chihuahua. de

BMV:GCC *

Mex$50.5b

Fortaleza Materiales. de

BMV:FORTALE *

Mex$9.8b

Home Depot

NYSE:HD

US$424.8b

Price History & Performance

Summary of all time highs, changes and price drops for CEMEX. de
Historical stock prices
Current Share PriceMex$13.72
52 Week HighMex$17.88
52 Week LowMex$9.12
Beta1.01
1 Month Change3.62%
3 Month Change-16.85%
1 Year Change49.13%
3 Year Change31.04%
5 Year Change-13.47%
Change since IPO392.30%

Recent News & Updates

Nov 19
At Mex$13.01, Is It Time To Put CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) On Your Watch List?

At Mex$13.01, Is It Time To Put CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) On Your Watch List?

CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ), might not be a large cap stock, but it received a lot of attention from a...

Nov 01
CEMEX. de (BMV:CEMEXCPO) Has A Somewhat Strained Balance Sheet

CEMEX. de (BMV:CEMEXCPO) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 15
Returns Are Gaining Momentum At CEMEX. de (BMV:CEMEXCPO)

Returns Are Gaining Momentum At CEMEX. de (BMV:CEMEXCPO)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Jul 19
CEMEX. de (BMV:CEMEXCPO) Takes On Some Risk With Its Use Of Debt

CEMEX. de (BMV:CEMEXCPO) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

May 17
Is CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) Potentially Undervalued?

Is CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) Potentially Undervalued?

Today we're going to take a look at the well-established CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ). The company's stock...

Shareholder Returns

CEMEX CPOMX Basic MaterialsMX Market
7D5.6%4.2%-1.1%
1Y49.1%25.8%17.9%

Return vs Industry: CEMEX CPO exceeded the MX Basic Materials industry which returned 25.8% over the past year.

Return vs Market: CEMEX CPO exceeded the MX Market which returned 17.9% over the past year.

Price Volatility

Is CEMEX CPO's price volatile compared to industry and market?
CEMEX CPO volatility
CEMEX CPO Average Weekly Movement5.1%
Basic Materials Industry Average Movement3.6%
Market Average Movement3.7%
10% most volatile stocks in MX Market6.5%
10% least volatile stocks in MX Market2.5%

Stable Share Price: CEMEX CPO is more volatile than 75% of MX stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CEMEX CPO's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

FoundedEmployeesCEOWebsite
190646,543Fernando Angel Gonzalez Olivierihttps://www.cemex.com

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing projects, pavement projects, and green building consultancy services; cement trade maritime services; and information technology solutions.

CEMEX. de Fundamentals Summary

How do CEMEX. de's earnings and revenue compare to its market cap?
CEMEX CPO fundamental statistics
Market CapUS$9.27b
Earnings (TTM)US$636.08m
Revenue (TTM)US$14.60b

14.6x

P/E Ratio

0.6x

P/S Ratio

Is CEMEX CPO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CEMEX CPO income statement (TTM)
RevenueUS$14.60b
Cost of RevenueUS$9.86b
Gross ProfitUS$4.74b
ExpensesUS$4.10b
EarningsUS$636.08m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 10, 2022

Earnings per share (EPS)0.043
Gross Margin32.45%
Net Profit Margin4.36%
Debt/Equity Ratio78.6%

How did CEMEX CPO perform over the long term?

See historical performance and comparison

Valuation

Is CEMEX. de undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CEMEX CPO (MX$13.72) is trading below our estimate of fair value (MX$38.32)

Significantly Below Fair Value: CEMEX CPO is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: CEMEX CPO is poor value based on its PE Ratio (14.6x) compared to the South American Basic Materials industry average (14.1x).

PE vs Market: CEMEX CPO is poor value based on its PE Ratio (14.6x) compared to the MX market (12.8x).

Price to Earnings Growth Ratio

PEG Ratio: CEMEX CPO is poor value based on its PEG Ratio (2x)

Price to Book Ratio

PB vs Industry: CEMEX CPO's PB Ratio (1x) is in line with the XS Basic Materials industry average.

Future Growth

How is CEMEX. de forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

7.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEMEX CPO's forecast earnings growth (7.3% per year) is above the savings rate (7.1%).

Earnings vs Market: CEMEX CPO's earnings (7.3% per year) are forecast to grow slower than the MX market (11.2% per year).

High Growth Earnings: CEMEX CPO's earnings are forecast to grow, but not significantly.

Revenue vs Market: CEMEX CPO's revenue (4.5% per year) is forecast to grow slower than the MX market (5% per year).

High Growth Revenue: CEMEX CPO's revenue (4.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CEMEX CPO's Return on Equity is forecast to be low in 3 years time (11.4%).

Past Performance

How has CEMEX. de performed over the past 5 years?

-54.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CEMEX CPO has a large one-off loss of $814.5M impacting its September 30 2021 financial results.

Growing Profit Margin: CEMEX CPO became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: CEMEX CPO's earnings have declined by 54.4% per year over the past 5 years.

Accelerating Growth: CEMEX CPO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CEMEX CPO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (198.6%).

Return on Equity

High ROE: CEMEX CPO's Return on Equity (6.6%) is considered low.

Financial Health

How is CEMEX. de's financial position?

Financial Position Analysis

Short Term Liabilities: CEMEX CPO's short term assets ($4.5B) do not cover its short term liabilities ($5.2B).

Long Term Liabilities: CEMEX CPO's short term assets ($4.5B) do not cover its long term liabilities ($11.6B).

Debt to Equity History and Analysis

Debt Level: CEMEX CPO's net debt to equity ratio (69.9%) is considered high.

Reducing Debt: CEMEX CPO's debt to equity ratio has reduced from 135.4% to 78.6% over the past 5 years.

Debt Coverage: CEMEX CPO's debt is well covered by operating cash flow (24.2%).

Interest Coverage: CEMEX CPO's interest payments on its debt are well covered by EBIT (4.3x coverage).

Balance Sheet

Dividend

What is CEMEX. de current dividend yield, its reliability and sustainability?

1.06%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CEMEX CPO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CEMEX CPO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CEMEX CPO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CEMEX CPO's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: CEMEX CPO is not paying a notable dividend for the MX market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CEMEX CPO's dividend in 3 years as they are not forecast to pay a notable one for the MX market.

Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure

CEO

Fernando Angel Gonzalez Olivieri (67 yo)

7.5yrs

Tenure

Mr. Fernando Ángel González Olivieri serves as Independent Proprietary Director at Axtel, S.A.B. de C.V. since May 2021. He has been the Chief Executive Officer of CEMEX, S.A.B. de C.V. since May 15, 2014....

Leadership Team

Experienced Management: CEMEX CPO's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Experienced Board: CEMEX CPO's board of directors are considered experienced (7.1 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

CEMEX, S.A.B. de C.V.'s employee growth, exchange listings and data sources

Key Information

  • Name: CEMEX, S.A.B. de C.V.
  • Ticker: CEMEX CPO
  • Exchange: BMV
  • Founded: 1906
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: Mex$201.800b
  • Shares outstanding: 14.71b
  • Website: https://www.cemex.com

Number of Employees

Location

  • CEMEX, S.A.B. de C.V.
  • Avenida Ricardo Margain Zozaya 325
  • Valle del Campestre
  • San Pedro Garza García
  • Nuevo Leon
  • 66265
  • Mexico

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 00:15
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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 here.