Cemex SAB (CX) AI Stock Analysis

• Market Cap: $18.38B
• Dividend Yield: 0.74%
• Average Volume (3M): 5.12M
• Price to Earnings (P/E): 13.8
• Beta (1Y): 1.07
• Revenue Growth: -6.34%
• EPS Growth: 210.97%
• Country: US
• Employees: 43,800
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -0.20
• Shares Outstanding: 1,449,087,000
• 10 Day Avg. Volume: 6,373,704
• 30 Day Avg. Volume: 5,116,644
• 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: 1.04
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 3.70
• Enterprise Value/Ebitda: 9.39
• 1Y Price Target: $13.18
• Price Target Upside: 8.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: $14.00 ▲(15.70% 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

Reduced leverage / stronger balance sheet

Lower debt-to-equity materially improves financial flexibility and reduces refinancing risk over the medium term. This permits sustained capex, dividendability, and strategic M&A while lowering interest burden sensitivity to rate cycles, enhancing resilience across construction cycles.

Robust cash generation and FCF conversion

High and improving free cash generation strengthens the company's ability to fund debt reduction, dividends, and reinvestment without relying on external financing. Durable cash conversion targets (41% now, 45% in 2026 guidance) support sustainable balance sheet repair and strategic capital allocation.

Material cost savings program

A multi-year, quantifiable savings program that is already delivering reduces structural costs and raises medium-term margins. Recurring savings scale with operations, improving long-run profitability and providing runway to absorb weaker volumes or invest in growth initiatives without eroding returns.

Negative Factors

Volume declines in key markets

Sustained weakness in core regional volumes constrains top-line durability. For a commodity-heavy business like cement, lower volumes limit operating leverage, pressuring utilization-dependent margins and making profitability more reliant on pricing and cost cuts rather than organic demand recovery.

Persistent U.S. residential demand weakness

The U.S. residential end-market is a durable demand driver for aggregates and ready-mix. Prolonged softness reduces revenue visibility and can depress mix and margins in a key growth market, limiting the company's ability to scale regional profits even if infrastructure demand remains healthier.

Underperformance in Urbanization Solutions

A struggling specialty segment indicates product-mix concentration and execution risk. Persistent underperformance in Urbanization Solutions can erode consolidated margins, complicate portfolio rebalancing, and require either incremental investment or divestment decisions that weigh on medium-term earnings stability.

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 its core products: cement, ready-mix concrete, and aggregates. Cement sales represent a significant portion of its revenue, as it is a fundamental material in construction. Ready-mix concrete and aggregates further contribute to the company's revenue streams, catering to various construction needs. Additionally, Cemex benefits from strategic partnerships with construction firms, government contracts, and large-scale infrastructure projects, which provide a consistent demand for its products. The company also emphasizes sustainability and innovation, which can lead to cost efficiencies and differentiation in the competitive construction materials market. Market dynamics, including construction activity and economic conditions in the regions where Cemex operates, also significantly influence 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	15.83B	16.20B	17.39B	14.71B	14.32B	12.67B
Gross Profit	5.18B	5.44B	5.86B	4.49B	4.43B	4.08B
EBITDA	2.04B	2.83B	3.26B	2.17B	2.67B	595.00M
Net Income	1.36B	939.00M	182.00M	858.00M	754.15M	-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	3.08B	7.36B	8.16B	8.82B	9.16B	11.19B
Total Liabilities	15.09B	14.82B	16.32B	16.58B	17.43B	19.12B
Stockholders Equity	13.60B	12.18B	11.76B	10.50B	9.83B	8.07B
Cash Flow
Free Cash Flow	1.00B	598.00M	1.36B	613.00M	1.06B	1.06B
Operating Cash Flow	2.09B	1.89B	2.22B	1.37B	1.84B	1.59B
Investing Cash Flow	342.13M	-328.00M	-1.32B	-640.00M	-717.29M	87.00M
Financing Cash Flow	-1.56B	-1.25B	-701.00M	-961.00M	-1.40B	-1.52B

Cemex SAB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CX, the sentiment is Neutral. The current price of 12.1 is below the 20-day moving average (MA) of 12.57, above the 50-day MA of 11.76, and above the 200-day MA of 9.07, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 46.06 is Neutral, neither overbought nor oversold. The STOCH value of 21.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CX.

Cemex SAB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CX	78 Outperform	$18.38B	13.76	7.10%	0.74%	-6.34%	210.97%
VMC	77 Outperform	$41.16B	36.96	13.56%	0.67%	6.54%	32.48%
CRH	76 Outperform	$82.28B	24.28	15.21%	1.17%	4.28%	0.39%
MLM	73 Outperform	$40.48B	34.93	11.63%	0.51%	1.99%	-41.08%
EXP	71 Outperform	$7.21B	16.63	28.77%	0.47%	1.50%	-4.44%
LOMA	63 Neutral	$1.28B	34.56	5.06%	―	-33.99%	-61.41%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Cemex SAB Corporate Events

Cemex Sets February 5 Release Date for Fourth-Quarter 2025 Results

Cemex announced it will release its fourth-quarter 2025 financial results on February 5, 2026, and will hold a conference call and live audio webcast that same day to discuss the figures with investors and analysts. The company indicated that all related materials are expected to be made available on its website and filed with regulators in Mexico and the United States ahead of the call, while also cautioning that the webcast could face unforeseen technical issues and reiterating that any information shared may include forward-looking statements subject to a wide range of operational, macroeconomic, regulatory, and market risks that could materially affect future results and guidance.

The most recent analyst rating on (CX) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on Cemex SAB stock, see the CX Stock Forecast page.

Cemex Announces Third Dividend Payment for 2025

Cemex announced the payment of the third installment of its cash dividend, totaling USD $32.5 million, as approved during its Ordinary General Shareholders’ Meeting on March 25, 2025. The dividend will be distributed to registered holders of Series A and B shares, CPOs, and ADSs as of December 15, 2025, with payments scheduled for December 16, 2025, in Mexican pesos and December 23, 2025, for ADS holders. This dividend, sourced from Cemex’s Net Tax Profit Account as of December 31, 2013, will not be subject to tax withholding, potentially benefiting shareholders by maximizing their returns.

The most recent analyst rating on (CX) stock is a Hold with a $11.25 price target. To see the full list of analyst forecasts on Cemex SAB stock, see the CX Stock Forecast page.

Cemex Announces Third Dividend Payment for December 2025

Cemex announced the payment of the third installment of its declared cash dividend, amounting to USD $32.5 million, to be distributed to registered holders of Series A and B shares, CPOs, and ADSs as of December 15, 2025. The payment will be made in Mexican Pesos on December 16, 2025, with ADS holders receiving their payments around December 23, 2025. This dividend, originating from Cemex’s Net Tax Profit Account as of December 31, 2013, will not be subject to tax withholding, reflecting the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (CX) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on Cemex SAB stock, see the CX Stock Forecast page.