企業概要
CEMEX, S.A.B. de C.V. engages globally in the production, marketing, distribution, and sale of construction materials, offering products such as cement, ready-mix concrete, aggregates, and urbanization solutions alongside other related services. The corporation operates within the Basic Materials sector and specifically functions in the Building Materials industry, positioning itself as a critical supplier to infrastructure and development projects worldwide. As of the latest available data, the company holds a market capitalization of $17.28B and reports trailing twelve-month revenue of $16.13B, supported by a workforce of 39,462 employees. These financial figures indicate that CEMEX operates on a substantial scale, commanding a significant presence in the global building materials market with revenue generation capabilities that exceed $16 billion annually.
財務健全性
The company reported a trailing twelve-month revenue of $16.13B, with a corresponding net income of $394.00M and an EBITDA of $2.79B. The substantial gap between the $16.13B in revenue and the $394.00M in net income reveals a cost structure where operating expenses, including the cost of goods sold and administrative costs, consume approximately 94% of total revenue before interest and taxes. CEMEX generated free cash flow of $1.21B, which signifies a strong capacity to generate cash beyond its operational needs, thereby providing the entity with financial flexibility for capital allocation or debt servicing. The company's profitability is characterized by a gross margin of 32.2%, an operating margin of 15.2%, and a profit margin of 6.0%, indicating that for every dollar of revenue, roughly 6 cents remains as net profit after all expenses. In terms of liquidity and solvency, the firm holds $1.82B in cash against $7.46B in debt, resulting in a debt-to-equity ratio of 54.70, which suggests a highly leveraged balance sheet rather than a conservative capital structure. Short-term liquidity is constrained, as evidenced by a current ratio of 0.83, meaning current assets are insufficient to cover current liabilities without relying on external financing or asset sales. Regarding return metrics, the Return on Equity stands at 3.1% while the Return on Assets is 3.9%, metrics that reflect the management's effectiveness in generating returns relative to shareholders' equity and total asset base, respectively.
バリュエーション評価
Valuation multiples show a trailing P/E ratio of 44.11 compared to a forward P/E of 12.36, implying a significant divergence where the market prices in substantially higher future earnings expectations relative to current profitability levels. The price-to-book ratio is 15.21, which indicates that the market is pricing the company at a heavy premium over its tangible book value, suggesting high expectations for future growth or intangible asset value. Alternative valuation metrics include a price-to-sales ratio of 1.07 and an EV/EBITDA of 64.00, figures that suggest the stock is valued at a premium relative to sales and earnings before interest, taxes, depreciation, and amortization, often seen in cyclical or high-growth material sectors. Price volatility is contextualized by a 52-week high of $13.35 and a 52-week low of $4.89, where the current trading price sits significantly below the recent peak, reflecting recent market pressure or sector rotation. The stock exhibits a beta of 0.94, indicating that the share price volatility is roughly in line with the broader market, moving slightly less aggressively than the market average during periods of fluctuation.
Growth & Income
Revenue growth stands at 10.6% year-over-year, while earnings growth is listed as N/A, preventing a direct comparison of earnings expansion relative to top-line sales in this specific reporting period. Regarding income distribution, the company offers a dividend yield of 0.8% with a payout ratio of 32.5%, a level that suggests the dividend is currently sustainable given the earnings generated, though the low yield reflects the high valuation multiples and leveraged nature of the business. The overall profile combines moderate revenue expansion with a conservative dividend policy, where the payout ratio leaves ample room for reinvestment or debt reduction, though the absence of specific earnings growth data limits the ability to assess accelerating profitability trends definitively.