Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt No Debt
CX's Cash to Debt is ranked higher than
90% of the 628 Companies
in the Global Building Materials industry.

( Industry Median: 0.63 vs. CX: No Debt )
CX' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: No Debt

Equity to Asset 0.29
CX's Equity to Asset is ranked lower than
59% of the 620 Companies
in the Global Building Materials industry.

( Industry Median: 0.52 vs. CX: 0.29 )
CX' s 10-Year Equity to Asset Range
Min: 0.29   Max: 0.45
Current: 0.29

0.29
0.45
Interest Coverage No Debt
CX's Interest Coverage is ranked higher than
85% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 12.69 vs. CX: No Debt )
CX' s 10-Year Interest Coverage Range
Min: 0.3   Max: 9999.99
Current: No Debt

0.3
9999.99
F-Score: 4
Z-Score: 1.28
M-Score: -2.64
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Revenue Growth (%) -100.00
CX's Revenue Growth (%) is ranked lower than
62% of the 499 Companies
in the Global Building Materials industry.

( Industry Median: 3.40 vs. CX: -100.00 )
CX' s 10-Year Revenue Growth (%) Range
Min: -100   Max: 31.7
Current: -100

-100
31.7
EBITDA Growth (%) -12.60
CX's EBITDA Growth (%) is ranked higher than
52% of the 420 Companies
in the Global Building Materials industry.

( Industry Median: 2.90 vs. CX: -12.60 )
CX' s 10-Year EBITDA Growth (%) Range
Min: -51   Max: 28.6
Current: -12.6

-51
28.6
EPS Growth (%) -7.40
CX's EPS Growth (%) is ranked higher than
59% of the 357 Companies
in the Global Building Materials industry.

( Industry Median: 6.00 vs. CX: -7.40 )
CX' s 10-Year EPS Growth (%) Range
Min: -59.1   Max: 53.1
Current: -7.4

-59.1
53.1
» CX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

CX Guru Trades in Q2 2013

Ken Fisher 3,761,325 sh (+13895.6%)
Howard Marks 111,084 sh (+80.33%)
Andreas Halvorsen 63,547,228 sh (+43.08%)
George Soros 7,027,332 sh (+12.44%)
Chris Davis 42,565 sh (+4%)
Steven Cohen 375,000 sh (unchged)
Jim Simons Sold Out
Louis Moore Bacon Sold Out
Chuck Royce Sold Out
Charles Brandes 15,816,850 sh (-6.11%)
Dodge & Cox 80,307 sh (-14.16%)
Mason Hawkins 41,227,246 sh (-20.31%)
Jeremy Grantham 55,468 sh (-61.41%)
Caxton Associates 1,147,260 sh (-66.9%)
Steven Cohen 163,789 sh (-74.36%)
» More
Q3 2013

CX Guru Trades in Q3 2013

Louis Moore Bacon 330,500 sh (New)
Howard Marks 142,784 sh (+28.54%)
Ken Fisher 3,763,955 sh (+0.07%)
Andreas Halvorsen Sold Out
Steven Cohen Sold Out
Caxton Associates Sold Out
Dodge & Cox 79,742 sh (-0.7%)
Charles Brandes 15,686,334 sh (-0.83%)
George Soros 6,500,000 sh (-7.5%)
Mason Hawkins 35,375,663 sh (-14.19%)
Jeremy Grantham 44,328 sh (-20.08%)
Chris Davis 21,765 sh (-48.87%)
» More
Q4 2013

CX Guru Trades in Q4 2013

Andreas Halvorsen 32,891,345 sh (New)
Jim Simons 866,269 sh (New)
Caxton Associates 131,500 sh (New)
Jeremy Grantham 5,197,372 sh (+11624.8%)
Howard Marks 1,751,663 sh (+1126.79%)
Charles Brandes 16,178,415 sh (+3.14%)
Chris Davis 21,765 sh (unchged)
Louis Moore Bacon Sold Out
George Soros Sold Out
Mason Hawkins Sold Out
Ken Fisher 3,760,930 sh (-0.08%)
Dodge & Cox 73,074 sh (-8.36%)
» More
Q1 2014

CX Guru Trades in Q1 2014

Ken Fisher 4,322,010 sh (+14.92%)
» More
» Details

Insider Trades

Latest Guru Trades with CX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mason Hawkins 2013-12-31 Sold Out 2%$9.69 - $11.31 $ 12.418%0
George Soros 2013-12-31 Sold Out 0.79%$9.69 - $11.31 $ 12.418%0
Mason Hawkins 2013-09-30 Reduce -14.19%0.3%$9.96 - $11.99 $ 12.412%35375663
Mason Hawkins 2013-06-30 Reduce -20.31%0.57%$9.27 - $11.93 $ 12.415%41227246
Charles Brandes 2013-06-30 Reduce -6.11%0.15%$9.27 - $11.93 $ 12.415%15816850
Mason Hawkins 2013-03-31 Reduce -37.86%1.33%$9.13 - $11.47 $ 12.422%51732448
George Soros 2013-03-31 Add 216.3%0.61%$9.13 - $11.47 $ 12.422%6250000
Charles Brandes 2013-03-31 Reduce -24.37%0.61%$9.13 - $11.47 $ 12.422%16845844
Dodge & Cox 2013-03-31 Reduce -99.66%0.35%$9.13 - $11.47 $ 12.422%93555
Charles Brandes 2012-12-31 Reduce -32.08%1.03%$7.82 - $9.25 $ 12.448%21418439
Dodge & Cox 2012-12-31 Reduce -63.24%0.5%$7.82 - $9.25 $ 12.448%26655794
Mason Hawkins 2012-09-30 Reduce -29.18%1.11%$5.88 - $7.92 $ 12.481%94017299
George Soros 2012-09-30 New Buy0.26%$5.88 - $7.92 $ 12.481%1900000
Mason Hawkins 2012-03-31 Reduce -27.18%1.17%$4.75 - $7.63 $ 12.4104%132525731
Mason Hawkins 2011-09-30 Add 10.98%0.26%$2.97 - $7.57 $ 12.4138%177317137
Charles Brandes 2011-09-30 Add 9.87%0.12%$2.97 - $7.57 $ 12.4138%44651322
Mason Hawkins 2011-06-30 Add 17.21%0.79%$6.75 - $8.18 $ 12.467%159777900
Charles Brandes 2011-06-30 Add 5.88%0.14%$6.75 - $8.18 $ 12.467%40638775
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Cemex SAB de CV

Mason Hawkins Comments on Cemex - Aug 13, 2013

Toward the end of the second quarter, we repurchased a small position in Cemex (CX) convertible bonds, which we sold earlier in the year after tightening spreads and a rising equity price pushed the price to our appraisal. More recently, the converts became attractive when investors broadly fled emerging markets, the peso weakened, and the Mexican government paused infrastructure spending. Longer term, we believe Mexico public improvements will increase, and Cemex also will benefit from recovery in the U.S.

From Mason Hawkins' semi-annual 2013 letter.
Check out Mason Hawkins latest stock trades

Mason Hawkins' Southeastern Asset Management Comments on Cemex - May 23, 2012

Summary: One interesting thing about Cemex (CX) is the importance of the U.S. to its value is really the whole swing factor. As the peak of the cycle, which we will never get back to, they generated $2.5 billion of EBITDA. Southeastern does not believe they will ever get back to that point, but if they got half way back, that would be $2 of free cash flow on a $2 stock, which is worth the wait. The second biggest reason is Mexico. Mexico is the most interesting way to take advantage of Chinese labor costs. Many good things going on in Mexico despite gruesome headlines; it’s the best economic place to be on the globe. In the next decades the U.S. will invest huge dollars in updating infrastructure. Southeastern is making big bets on this improvement in infrastructure.

Listen to the complete audio here.


Check out Mason Hawkins latest stock trades

Top Ranked Articles about Cemex SAB de CV

Mason Hawkins Comments on Cemex
Toward the end of the second quarter, we repurchased a small position in Cemex (CX) convertible bonds, which we sold earlier in the year after tightening spreads and a rising equity price pushed the price to our appraisal. More recently, the converts became attractive when investors broadly fled emerging markets, the peso weakened, and the Mexican government paused infrastructure spending. Longer term, we believe Mexico public improvements will increase, and Cemex also will benefit from recovery in the U.S. Read more...
Ken Fisher's Largest Second Quarter Increases
Ken Fisher, the investment analyst and founder, chairman and CEO of Fisher Investments is known for being the son of legendary investor Philip Fisher as well as for his monthly column in Forbes Magazine, “Portfolio Strategy.” The CEO and CIO of Fisher Investments currently holds 492 stocks coming from both American and Canadian markets. As of the second quarter, these stocks are valued at $38.512 billion. Also throughout the second quarter, Ken Fisher bought 45 new stocks, increased his stake in 192 companies, reduced his position in 221 stocks and sold out of 28 stocks. Read more...

Ratios

vs
industry
vs
history
P/B 4.30
CX's P/B is ranked lower than
68% of the 604 Companies
in the Global Building Materials industry.

( Industry Median: 1.33 vs. CX: 4.30 )
CX' s 10-Year P/B Range
Min: 0.64   Max: 4.42
Current: 4.3

0.64
4.42
P/S 1.20
CX's P/S is ranked lower than
79% of the 661 Companies
in the Global Building Materials industry.

( Industry Median: 0.90 vs. CX: 1.20 )
CX' s 10-Year P/S Range
Min: 0.62   Max: 3.43
Current: 1.2

0.62
3.43
EV-to-EBIT 47.60
CX's EV-to-EBIT is ranked lower than
67% of the 552 Companies
in the Global Building Materials industry.

( Industry Median: 15.06 vs. CX: 47.60 )
CX' s 10-Year EV-to-EBIT Range
Min: 21.4   Max: 207.7
Current: 47.6

21.4
207.7

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 19.80
CX's Price/Net Current Asset Value is ranked lower than
78% of the 128 Companies
in the Global Building Materials industry.

( Industry Median: 10.30 vs. CX: 19.80 )
CX' s 10-Year Price/Net Current Asset Value Range
Min: 32.7   Max: 100
Current: 19.8

32.7
100
Price/Tangible Book 1.30
CX's Price/Tangible Book is ranked lower than
72% of the 560 Companies
in the Global Building Materials industry.

( Industry Median: 1.60 vs. CX: 1.30 )
CX' s 10-Year Price/Tangible Book Range
Min: 0.76   Max: 17.22
Current: 1.3

0.76
17.22
Price/DCF (Projected) 1.20
CX's Price/DCF (Projected) is ranked lower than
57% of the 277 Companies
in the Global Building Materials industry.

( Industry Median: 1.20 vs. CX: 1.20 )
CX' s 10-Year Price/DCF (Projected) Range
Min: 0.45   Max: 4.24
Current: 1.2

0.45
4.24
Price/Median PS Value 0.50
CX's Price/Median PS Value is ranked lower than
64% of the 604 Companies
in the Global Building Materials industry.

( Industry Median: 1.10 vs. CX: 0.50 )
CX' s 10-Year Price/Median PS Value Range
Min: 0.34   Max: 1.48
Current: 0.5

0.34
1.48
Earnings Yield (Greenblatt) 2.10
CX's Earnings Yield (Greenblatt) is ranked lower than
61% of the 571 Companies
in the Global Building Materials industry.

( Industry Median: 6.60 vs. CX: 2.10 )
CX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 4.7
Current: 2.1

0.5
4.7
Forward Rate of Return (Yacktman) 0.85
CX's Forward Rate of Return (Yacktman) is ranked higher than
64% of the 394 Companies
in the Global Building Materials industry.

( Industry Median: 5.48 vs. CX: 0.85 )
CX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -24.7   Max: 1.1
Current: 0.85

-24.7
1.1

Business Description

Industry: Building Materials » Building Materials
Compare:HCMLF, JHX, AHCHY, LFRGY, SHW » details
Traded in other countries:CXMSF.USA, CEXB.Germany, CEXA.Germany
CEMEX, S.A.B. de C.V. was founded in 1906. It is a public stock corporation with variable capital (S.A.B. de C.V.) organized under the laws of the United Mexican States, or Mexico. It is a cement manufacturer with operations in North America, Europe, South America, Central America, the Caribbean, Africa, the Middle East, Australia and Asia. It is a holding company (parent) of entities which main activities are oriented to the construction industry, through the production, marketing, distribution and sale of cement, ready-mix concrete, aggregates and other construction materials. Cement is a binding agent, which, when mixed with sand, stone or other aggregates and water, produces either ready-mix concrete or mortar. It manufactures cement through a closely controlled chemical process, which begins with the mining and crushing of limestone and clay, and, in some instances, other raw materials. The clay and limestone are then pre-homogenized, a process which consists of combining different types of clay and limestone. The mix is typically dried, then fed into a grinder which grinds the various materials in preparation for the kiln. The raw materials are calcined, or processed, at a very high temperature in a kiln, to produce clinker. Clinker is the intermediate product used in the manufacture of cement. It owns the registered trademarks for its brands in Mexico, such as 'Tolteca,' 'Monterrey,' 'Maya,' 'Anahuac,' 'Campana,' 'Gallo,' and 'Centenario.' The Company's operations are subject to laws and regulations relating to the protection of the environment in the various jurisdictions in which it operates, such as regulations regarding the release of cement dust into the air or emissions of greenhouse gases.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide