Company Overview
CEMEX, S.A.B. de C.V. functions as a global leader in the production, marketing, distribution, and sale of construction materials, including cement, ready-mix concrete, aggregates, urbanization solutions, and various other services. The corporation operates within the Basic Materials sector, specifically targeting the Building Materials industry, which implies a fundamental reliance on cyclical economic trends and infrastructure development cycles. The entity commands a substantial market presence with a market capitalization of $15.60B and generates total revenue of $16.13B annually, employing a workforce of 39,462 individuals across its operations. These valuation and revenue figures indicate that CEMEX maintains a significant scale in the global supply chain for construction, positioning it as a major capital-intensive enterprise with extensive geographic reach and operational complexity.
Financial Health
The company reported revenue of $16.13B over the trailing twelve months, resulting in a net income of $394.00M and an EBITDA of $2.79B. The substantial gap between the $16.13B revenue and the $394.00M net income reveals a significant cost structure, where operating expenses, taxes, and interest costs consume a large portion of top-line earnings before reaching the bottom line. Free cash flow stands at $1.21B, which signifies that the business generates sufficient liquidity after capital expenditures to fund operations, reduce debt, or return capital to shareholders. Gross margin sits at 32.2%, indicating the portion of revenue remaining after direct production costs; operating margin is 15.2%, reflecting efficiency in managing overhead and selling, general, and administrative expenses; profit margin is 6.0%, showing the final profitability relative to total sales. Cash on hand totals $1.82B, while total debt amounts to $7.46B, resulting in a debt-to-equity ratio of 54.70, which characterizes the balance sheet as highly leveraged relative to shareholder equity. The current ratio is 0.83, indicating that the company's current assets are insufficient to cover its current liabilities without relying on external financing or asset liquidation. Return on equity is 3.1% and return on assets is 3.9%, metrics that reveal limited effectiveness in generating returns relative to the capital invested by shareholders and the total asset base.
Valuation Assessment
The trailing twelve-month P/E ratio is 39.81, whereas the forward P/E is 11.16, a disparity that implies the market expects earnings to grow significantly in the coming year to justify the lower forward multiple. The price-to-book ratio stands at 13.73, suggesting that the stock trades at a substantial premium over its tangible book value, potentially reflecting intangible assets or market expectations of future growth. The price-to-sales ratio is 0.97 and the EV/EBITDA is 57.97, metrics that indicate the market values the company based on sales revenue and enterprise value relative to earnings before interest, taxes, depreciation, and amortization, respectively. The 52-week high is $13.35 and the 52-week low is $4.89; based on the provided data, the current price sits in a wide range between these extremes, reflecting high volatility or a recent shift in market sentiment. The beta value is 1.01, which means the stock's price volatility is nearly identical to the broader market, moving in lockstep with general equity market fluctuations.
Growth & Income
Revenue growth for the trailing twelve months is 10.6%, while earnings growth is listed as N/A in the provided data, preventing a direct comparison of earnings velocity against revenue expansion. The company offers a dividend yield of 0.8% with a payout ratio of 32.5%, indicating that the firm returns a small fraction of its earnings to shareholders while retaining the majority for reinvestment. The relatively low payout ratio suggests a conservative approach to dividend distribution, ensuring that cash reserves remain robust to service the high debt load and maintain liquidity. Overall, the company presents a profile of solid top-line expansion supported by a conservative dividend policy, though the lack of reported earnings growth data limits the ability to assess profitability acceleration in the current reporting period.