CEMEX, S.A.B. de C.V.

BMV:CEMEX CPO Stock Report

Market Cap: Mex$325.3b

CEMEX. de Past Earnings Performance

Past criteria checks 1/6

CEMEX. de has been growing earnings at an average annual rate of 23.7%, while the Basic Materials industry saw earnings growing at 1.7% annually. Revenues have been growing at an average rate of 3.2% per year. CEMEX. de's return on equity is 3.8%, and it has net margins of 3%.

Key information

23.74%

Earnings growth rate

19.65%

EPS growth rate

Basic Materials Industry Growth8.23%
Revenue growth rate3.24%
Return on equity3.80%
Net Margin3.04%
Next Earnings Update23 Jul 2026

Recent past performance updates

Analysis Article Feb 12

CEMEX. de's (BMV:CEMEXCPO) Soft Earnings Don't Show The Whole Picture

The market was pleased with the recent earnings report from CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ), despite the profit...

Recent updates

Analysis Article May 28

Is There Now An Opportunity In CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO)?

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...
Narrative Update May 22

CEMEX CPO: Share Repurchases Will Support Higher Future Earnings Multiple

Analysts now set their fair value estimate for CEMEX at MX$25.09 per share, up from MX$24.48 previously, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: MX$25.09, up slightly from MX$24.48, reflecting modestly revised assumptions.
Narrative Update May 04

CEMEX CPO: Buyback And Margin Assumptions Will Likely Anchor Fair Future Returns

Analysts lifted their MX$ fair value estimate for CEMEX. de from MX$16.18 to MX$21.32, citing updated assumptions for the discount rate, revenue growth, profit margins, and a lower future P/E multiple.
Narrative Update Apr 19

CEMEX CPO: Planned Buybacks Will Support Future Medium Term Repricing

Analysts now place CEMEX CPO's fair value at about MX$28.21 per share, compared with the prior MX$28.05. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Apr 05

CEMEX CPO: Share Repurchases Will Support Higher Future Earnings Multiple

The analyst price target for CEMEX. de has edged down from MX$24.88 to MX$24.48 as analysts factor in slightly higher discount rates and modest adjustments to long term revenue growth and future P/E assumptions, partly offset by a marginally stronger profit margin outlook.
Narrative Update Mar 22

CEMEX CPO: Share Repurchases Will Support Higher Future Earnings Multiple

Analysts now set CEMEX's price target at MX$24.88, up from MX$22.82. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 08

CEMEX CPO: Higher Margins And Buybacks Will Support Medium Term Repricing

Analysts have raised their MX$ fair value estimate for CEMEX. de from MX$26.27 to MX$28.05, citing updated assumptions around revenue growth, profit margins and future P/E levels.
Narrative Update Feb 22

CEMEX CPO: Share Repurchases And Margin Outlook Will Shape Fair Value

Analysts have raised their MX$ price target on CEMEX. de from MX$21.18 to MX$22.82, citing model updates that incorporate revised fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Analysis Article Feb 12

CEMEX. de's (BMV:CEMEXCPO) Soft Earnings Don't Show The Whole Picture

The market was pleased with the recent earnings report from CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ), despite the profit...
Narrative Update Feb 07

CEMEX CPO: Elevated P/E Will Likely Restrain Returns Despite Margin Outlook

Analysts have trimmed their price target on CEMEX.de to €16.18 from €17.08, citing updated assumptions around discount rates, revenue growth and future P/E, partly offset by slightly firmer profit margin expectations. What's in the News CEMEX, S.A.B. de C.V. hosted an Analyst/Investor Day, providing an updated overview for CEMEX.de shareholders and potential investors (Key Developments).
Analysis Article Feb 02

Is It Too Late To Consider Buying CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO)?

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...
Narrative Update Jan 24

CEMEX CPO: Higher Future P/E Will Support Repriced Medium Term Outlook

Analysts have lifted their fair value estimate for CEMEX.de from €22.65 to €26.27, citing updates to discount rate assumptions, slightly lower projected revenue growth and profit margins, as well as a higher expected future P/E multiple. What's in the News CEMEX, S.A.B. de C.V. held an Analyst/Investor Day, giving the market a fresh look at management's priorities and medium term plans for the business (Key Developments).
Analysis Article Jan 19

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

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Narrative Update Jan 10

CEMEX CPO: Rich P/E Will Likely Cap Returns Despite Margin Outlook

Analysts have trimmed their price target for CEMEX.de to €17.08, reflecting slightly lower discount rate and future P/E assumptions, alongside modestly higher revenue growth and profit margin expectations in their updated models. What's in the News CEMEX, S.A.B. de C.V. held an Analyst/Investor Day, giving the market an updated look at its business priorities and financial framework (Key Developments).
Narrative Update Dec 25

CEMEX CPO: Higher Multiple Will Likely Pressure Returns Despite Margin Outlook

Analysts have raised their 12 month price target for CEMEX.de from approximately €15.00 to about €17.10, citing expectations for stronger revenue growth, a modest uptick in profit margins, and a higher future earnings multiple. What's in the News CEMEX, S.A.B. de C.V. scheduled an Analyst and Investor Day, signaling increased engagement with the financial community and providing a platform to update its strategic and financial outlook (Key Developments).
Narrative Update Dec 11

CEMEX CPO: Future Margins And Revenue Trends Will Guide Fair Market Outlook

Analysts have nudged their price target for CEMEX de slightly higher to reflect modest improvements in projected revenue growth, profit margins, and future valuation multiples, with the updated fair value estimate remaining close to €21.18 per share. Valuation Changes Fair Value Estimate remains effectively unchanged at approximately €21.18 per share.
Narrative Update Nov 27

CEMEX CPO: Forecasted Margins And Revenue Trends Will Signal Fair Market Outlook

Analysts have raised their price target on CEMEX.de from €20.68 to €21.18, reflecting modest improvements in forecasted revenue growth, which are slightly offset by a lower profit margin outlook and an adjusted discount rate. Valuation Changes Fair Value increased modestly from €20.68 to €21.18 Discount Rate edged up marginally from 17.00% to 17.03% Revenue Growth improved from 3.88% to 4.58% Net Profit Margin declined from 7.59% to 7.26% Future P/E rose from 19.39x to 20.34x
Analysis Article Nov 26

Estimating The Fair Value Of CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO)

Key Insights The projected fair value for CEMEX. de is Mex$18.71 based on 2 Stage Free Cash Flow to Equity CEMEX. de's...
Narrative Update Nov 13

CEMEX CPO: Projected Profit Margins And Revenue Trends May Support Fair Valuation

Analysts have increased their price target for CEMEX.de from €20.17 to €20.68, citing modest improvements in projected revenue growth and profit margins as key factors behind the adjustment. Valuation Changes Fair Value: increased slightly from €20.17 to €20.68.
Analysis Article Oct 30

CEMEX, S.A.B. de C.V. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ) shareholders, with its shares surging 11% to...
Narrative Update Oct 30

CEMEX CPO: Profitability And Revenue Trends Will Shape Future Fair Value

Analysts have raised their price target for CEMEX. de from $19.13 to $20.17.
Analysis Article Oct 20

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

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Narrative Update Oct 15

Government Spending And Low-Carbon Shifts Will Transform Industry

Analysts have raised their price target for CEMEX. de from €18.46 to €19.13, citing slightly improved revenue growth forecasts and a modest uptick in expected profit margins.
Analysis Article Oct 06

These 4 Measures Indicate That CEMEX. de (BMV:CEMEXCPO) Is Using Debt Extensively

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 Sep 22

What Does CEMEX, S.A.B. de C.V.'s (BMV:CEMEXCPO) Share Price Indicate?

Let's talk about the popular CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ). The company's shares received a lot of attention...
Analysis Article Sep 09

CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) Not Flying Under The Radar

With a median price-to-sales (or "P/S") ratio of close to 0.9x in the Basic Materials industry in Mexico, you could be...
Narrative Update Aug 27

Government Spending And Low-Carbon Shifts Will Transform Industry

CEMEX. de’s future P/E ratio has surged significantly while revenue growth forecasts remain steady, supporting only a marginal increase in the consensus analyst price target from MX$18.18 to MX$18.46.
Analysis Article Jul 26

CEMEX, S.A.B. de C.V. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

It's been a good week for CEMEX, S.A.B. de C.V. ( BMV:CEMEXCPO ) shareholders, because the company has just released...
Analysis Article Jul 15

Estimating The Fair Value Of CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO)

Key Insights Using the 2 Stage Free Cash Flow to Equity, CEMEX. de fair value estimate is Mex$15.13 Current share price...
Analysis Article Jul 02

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
User avatar
New Narrative Mar 11

Regained Investment-Grade Rating Will Enable Expansion Into US Markets And Sustainable Initiatives

CEMEX's focus on sustainable practices and aggressive growth in developed markets aims to boost profitability and align with shifting customer preferences.

Revenue & Expenses Breakdown

How CEMEX. de makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:CEMEX CPO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2616,5375033,4850
31 Dec 2516,1323943,4510
30 Sep 2515,6989233,3800
30 Jun 2515,5079053,4070
31 Mar 2515,7357873,4410
31 Dec 2416,0639033,5140
30 Sep 2416,3092173,6560
30 Jun 2416,6171173,6830
31 Mar 2416,5491133,6330
31 Dec 2316,4041043,5360
30 Sep 2316,3963793,4400
30 Jun 2315,9885253,3490
31 Mar 2315,8005703,2980
31 Dec 2214,7063753,0690
30 Sep 2215,2819453,0820
30 Jun 2215,0193482,9840
31 Mar 2214,7303502,9120
31 Dec 2114,3797922,8720
30 Sep 2114,2176192,8880
30 Jun 2113,948-5012,8670
31 Mar 2113,112-7522,7630
31 Dec 2012,669-1,3672,7460
30 Sep 2012,661-1,5842,8720
30 Jun 2012,614222,9120
31 Mar 2013,112933,0350
31 Dec 1912,959452,9070
30 Sep 1912,7951342,9340
30 Jun 1913,0541262,9600
31 Mar 1913,3214052,9790
31 Dec 1813,5314543,0190
30 Sep 1814,1034233,1360
30 Jun 1813,5375553,0120
31 Mar 1814,0444753,1210
01 Jan 1812,9265752,8670
30 Sep 1714,0449863,0860
30 Jun 1714,2209903,1090
31 Mar 1713,7098742,9950
31 Dec 1612,0356482,6380
30 Sep 1612,3255512,7060
30 Jun 1612,6652512,8020
31 Mar 1613,1481722,9060
31 Dec 1512,729182,8190
30 Sep 1513,015-2282,8140
30 Jun 1513,575-2942,9400

Quality Earnings: CEMEX CPO has a large one-off loss of $825.8M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: CEMEX CPO's current net profit margins (3%) are lower than last year (5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CEMEX CPO has become profitable over the past 5 years, growing earnings by 23.7% per year.

Accelerating Growth: CEMEX CPO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CEMEX CPO had negative earnings growth (-36.1%) over the past year, making it difficult to compare to the Basic Materials industry average (-9.9%).


Return on Equity

High ROE: CEMEX CPO's Return on Equity (3.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 01:32
End of Day Share Price 2026/06/03 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

CEMEX, S.A.B. de C.V. is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin TheurerBarclays
Harry GoadBerenberg
Paul RogerBNP Paribas