Cemex SAB (CX) AI Stock Analysis

• Market Cap: $15.58B
• Dividend Yield: 0.84%
• Average Volume (3M): 9.83M
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.09
• Revenue Growth: -6.34%
• EPS Growth: 210.97%
• Country: US
• Employees: 43,800
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.16
• Shares Outstanding: 1,449,087,000
• 10 Day Avg. Volume: 10,934,258
• 30 Day Avg. Volume: 9,830,724
• PEG Ratio: 0.03
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.54
• P/FCF Ratio: 14.59
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 0.97
• Enterprise Value/Gross Profit: 3.08
• Enterprise Value/Ebitda: 6.75
• 1Y Price Target: $10.59
• Price Target Upside: 3.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 0.79
• Revenue Forecast (FY): $16.21B

• Rating: 78 Outperform
• Price Target: $11.50 ▲(12.75% Upside)

Cemex SAB's overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting significant EBITDA growth and cost efficiencies. Technical analysis supports a bullish trend, while valuation remains reasonable. The combination of these factors positions Cemex SAB as a solid investment opportunity in the construction materials industry.

Positive Factors

EBITDA Growth

Consistent EBITDA growth indicates strong operational performance and effective cost management, enhancing long-term profitability.

Decarbonization Leadership

Leadership in decarbonization strengthens Cemex's competitive position and aligns with global sustainability trends, attracting eco-conscious clients.

Portfolio Rebalancing

Strategic portfolio rebalancing enhances focus on growth markets, potentially increasing market share and long-term revenue stability.

Negative Factors

Volume Declines

Declining volumes in key markets could signal demand challenges, potentially impacting revenue growth and market positioning.

U.S. Residential Sector Weakness

Weakness in the U.S. residential sector may limit growth opportunities, affecting Cemex's ability to capitalize on this significant market.

Operational Inefficiencies

Decreasing margins suggest potential operational inefficiencies, which could hinder profitability and require strategic adjustments.

Cemex SAB Business Overview & Revenue Model

Company Description

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, 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 solutions, pavement solutions, and green building services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

How the Company Makes Money

Cemex generates revenue primarily through the sale of cement, ready-mix concrete, and aggregates. The company's revenue model is built on a combination of direct sales to construction companies and infrastructure projects, as well as partnerships with local distributors and retailers. Key revenue streams include bulk cement sales, which are typically sold to large construction projects, and ready-mix concrete deliveries, which cater to both residential and commercial construction needs. Additionally, Cemex benefits from strategic partnerships with various stakeholders in the construction industry, allowing them to secure long-term contracts and enhance their market presence. The company's focus on sustainability and innovation also attracts customers seeking environmentally friendly construction solutions, further contributing to its earnings.

Cemex SAB Financial Statement Overview

Summary

Cemex SAB demonstrates strong revenue growth and improved profitability with a net profit margin of 9.6%. The balance sheet shows reduced leverage, enhancing financial stability. Cash flow metrics indicate robust cash generation, supporting future growth and debt servicing. However, there are areas for improvement in operational efficiency.

Income Statement

Cemex SAB shows a strong revenue growth trajectory with a TTM revenue growth rate of 3.3% and consistent gross profit margins above 32%. The net profit margin has improved significantly to 9.6% in the TTM, indicating enhanced profitability. However, the EBIT and EBITDA margins have slightly decreased compared to previous years, suggesting potential cost pressures or operational inefficiencies.

Balance Sheet

The company has improved its financial stability, reducing its debt-to-equity ratio to 0.52 in the TTM, down from 0.60 in 2024. Return on equity has increased to 11.88%, reflecting better utilization of equity. However, the equity ratio remains moderate, indicating a balanced but cautious approach to leveraging assets.

Cash Flow

Cemex SAB's cash flow position is robust, with a significant free cash flow growth rate of 73.63% in the TTM. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to net income. The free cash flow to net income ratio of 0.33 suggests a strong ability to generate cash relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.84B	16.20B	17.39B	15.58B	14.55B	12.97B
Gross Profit	5.01B	5.21B	5.86B	4.82B	4.67B	4.18B
EBITDA	2.28B	2.67B	3.26B	2.42B	2.68B	595.00M
Net Income	1.36B	939.00M	182.00M	858.00M	753.00M	-1.47B
Balance Sheet
Total Assets	29.01B	27.30B	28.43B	27.49B	27.70B	28.07B
Cash, Cash Equivalents and Short-Term Investments	1.20B	864.00M	624.00M	495.00M	613.00M	950.00M
Total Debt	1.97B	7.36B	8.16B	8.82B	9.16B	11.19B
Total Liabilities	17.06B	14.82B	16.32B	16.58B	17.43B	19.12B
Stockholders Equity	11.63B	12.18B	11.05B	10.50B	9.83B	8.07B
Cash Flow
Free Cash Flow	1.00B	598.00M	984.00M	415.00M	862.00M	987.00M
Operating Cash Flow	2.09B	1.89B	2.16B	1.48B	1.85B	1.58B
Investing Cash Flow	342.13M	-328.00M	-1.34B	-732.00M	-285.00M	88.00M
Financing Cash Flow	-1.56B	-1.25B	-701.00M	-961.00M	-1.85B	-1.50B

Cemex SAB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CX, the sentiment is Positive. The current price of 10.2 is above the 20-day moving average (MA) of 9.79, above the 50-day MA of 9.43, and above the 200-day MA of 7.44, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 64.20 is Neutral, neither overbought nor oversold. The STOCH value of 77.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CX.

Cemex SAB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRH	79 Outperform	£78.92B	24.52	15.21%	1.27%	4.28%	0.39%
CX	78 Outperform	$15.58B	11.08	7.10%	0.84%	-6.34%	210.97%
VMC	72 Outperform	$37.67B	33.89	13.56%	0.67%	6.54%	32.48%
MLM	68 Neutral	$36.82B	32.17	11.63%	0.53%	1.99%	-41.08%
EXP	67 Neutral	$6.64B	15.30	30.10%	0.49%	1.50%	-4.44%
LOMA	64 Neutral	$1.37B	19.15	8.93%	―	-33.46%	-32.34%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Cemex SAB Corporate Events

Cemex Reports Strong Q3 2025 Results with Double-Digit EBITDA Growth

Cemex announced its third quarter 2025 results, showcasing significant growth in EBITDA and margin expansion across all regions. The company achieved a double-digit increase in consolidated EBITDA, with a 2.5 percentage point rise in EBITDA margin, marking the highest third-quarter level since 2020. Cemex’s Project Cutting Edge contributed approximately $90 million in EBITDA savings, and the company anticipates meeting its full-year savings goal of $200 million. Additionally, Cemex completed the divestment of its operations in Panama and acquired a majority stake in Couch Aggregates in the U.S., strengthening its position in a key growth market. The company’s efforts in decarbonization in Europe are ahead of the European Cement Association’s 2030 CO2 emissions target, highlighting its leadership in climate action.

Cemex to Announce Q3 2025 Financial Results on October 28

Cemex announced that it will release its third quarter 2025 financial results on October 28, 2025, followed by a conference call and live audio webcast to discuss the results. The company has prepared for potential technical difficulties during the webcast and will make all relevant materials available on its website and through regulatory filings. This announcement is crucial for stakeholders as it provides insights into Cemex’s financial health and strategic direction amid a challenging economic environment.

Cemex Divests Panama Operations and Expands U.S. Aggregates Business

On October 6, 2025, Cemex announced the divestiture of its operations in Panama to Grupo Estrella for approximately $200 million, aiming to rebalance its portfolio. Concurrently, Cemex expanded its U.S. Aggregates business by acquiring a majority stake in Couch Aggregates, which is expected to offset the EBITDA loss from the Panama sale. These strategic moves are part of Cemex’s focus on growth in priority markets and enhancing shareholder returns.

Cemex to Distribute Second Dividend Installment in September 2025

Cemex announced that it will pay the second installment of its cash dividend, amounting to USD $32.5 million, to its shareholders. This payment follows a resolution from the Ordinary General Shareholders’ Meeting held on March 25, 2025. The dividend is scheduled to be paid on September 18, 2025, for holders of bearer shares and CPO holders, and around September 25, 2025, for ADS holders. The dividend, derived from Cemex’s Net Tax Profit Account as of December 31, 2013, will not be subject to tax withholding.

Cemex Announces Second Dividend Payment for 2025

Cemex announced the payment of the second installment of a cash dividend, totaling USD $32.5 million, to holders of its Ordinary Participation Certificates and American Depositary Shares as of September 17, 2025. This follows the first installment paid in June 2025, with subsequent installments scheduled for December 2025 and March 2026. The dividend, sourced from Cemex’s Net Tax Profit Account as of December 31, 2013, will not incur tax withholding, providing a financial benefit to shareholders. The payment reflects Cemex’s ongoing commitment to returning value to its investors.

Cemex’s Credit Rating Upgraded to mxAAA by S&P

On September 3, 2025, Cemex announced that S&P Global Ratings upgraded its long-term national scale credit rating to ‘mxAAA’ from ‘mxAA+’ due to a revised rating methodology. This upgrade, along with the confirmation of its short-term national credit rating and the upgrade of its long-term notes, reflects a stable outlook for Cemex. The improved ratings are likely to enhance Cemex’s financial standing and market credibility, potentially benefiting its stakeholders and positioning in the building materials industry.