Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
11.51 (1y: +119%)
Market Cap 12.6 B P/E(ttm)
Enterprise Value 29.25 B P/B 3.20
CX- NYSE (USA)
Cemex, S.A.B. de C.V.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$11.51
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyÂ’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 : 4/10

vs
industry		 vs
history
Cash to Debt 0.057
CX's Cash to Debt is ranked lower than
84% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 1.74 vs. CX: 0.057 )
CX' s 10-Year Cash to Debt Range
Min: 0.04   Max: 0.21
Current: 0.06
0.04
0.21
Equity to Asset -0.068
CX's Equity to Asset is ranked lower than
110% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 0.47 vs. CX: -0.068 )
CX' s 10-Year Equity to Asset Range
Min: -0.07   Max: 0.44
Current: -0.07
-0.07
0.44
Interest Coverage 0.6
CX's Interest Coverage is ranked lower than
94% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 102.40 vs. CX: 0.6 )
CX' s 10-Year Interest Coverage Range
Min: 1   Max: 7
Current: 0.6
1
7
F-Score: 4
Z-Score: 1.15
M-Score: -2.85
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’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 : 4/10

vs
industry		 vs
history
Operating margin (%) 5.80
CX's Operating margin (%) is ranked lower than
51% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 5.35 vs. CX: 5.80 )
CX' s 10-Year Operating margin (%) Range
Min: 5.8   Max: 29.8
Current: 5.8
5.8
29.8
Net-margin (%) -6
CX's Net-margin (%) is ranked lower than
96% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 3.30 vs. CX: -6 )
CX' s 10-Year Net-margin (%) Range
Min: -13.1   Max: 20.1
Current: -6
-13.1
20.1
ROE (%) -8.4
CX's ROE (%) is ranked lower than
92% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 6.00 vs. CX: -8.4 )
CX' s 10-Year ROE (%) Range
Min: -16   Max: 21.5
Current: -8.4
-16
21.5
ROA (%) -2.5
CX's ROA (%) is ranked lower than
94% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 2.80 vs. CX: -2.5 )
CX' s 10-Year ROA (%) Range
Min: -4.6   Max: 8.2
Current: -2.5
-4.6
8.2
ROC (Joel Greenblatt) (%) 5.00
CX's ROC (Joel Greenblatt) (%) is ranked lower than
80% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 9.20 vs. CX: 5.00 )
CX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.6   Max: 18.4
Current: 5
4.6
18.4
Revenue Growth (%) -7.4
CX's Revenue Growth (%) is ranked higher than
54% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: 0.05 vs. CX: -7.4 )
CX' s 10-Year Revenue Growth (%) Range
Min: -18.7   Max: 24
Current: -7.4
-18.7
24
EBITDA Growth (%) -12
CX's EBITDA Growth (%) is ranked higher than
68% of the 300 Companies
in the Global Building Materials industry.

( Industry Median: -1.20 vs. CX: -12 )
CX' s 10-Year EBITDA Growth (%) Range
Min: -24   Max: 11.7
Current: -12
-24
11.7
» CX's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

CX Guru Trades in Q2 2012

Jeremy Grantham 398,236 sh (+321.25%)
Jim Simons 1,692,655 sh (+54.86%)
Bill Gates 6,566,511 sh (+4%)
Charles Brandes 33,626,035 sh (+1.28%)
Mason Hawkins 132,763,952 sh (+0.18%)
Dodge & Cox 73,449,934 sh (+0.15%)
Chris Davis 36,728 sh (unchged)
Steven Cohen 50,847 sh (-13.13%)
» More
Q3 2012

CX Guru Trades in Q3 2012

Bruce Kovner 83,900 sh (New)
Ken Fisher 23,622 sh (New)
Chuck Royce 30,000 sh (New)
George Soros 1,900,000 sh (New)
Jeremy Grantham 447,336 sh (+12.33%)
Steven Cohen 55,196 sh (+8.55%)
Bill Gates 6,566,511 sh (unchged)
Jim Simons Sold Out
Dodge & Cox 72,509,246 sh (-1.28%)
Charles Brandes 31,536,979 sh (-6.21%)
Chris Davis 30,728 sh (-16.34%)
Mason Hawkins 94,017,299 sh (-29.18%)
» More
Q4 2012

CX Guru Trades in Q4 2012

Howard Marks 61,600 sh (New)
Jim Simons 318,755 sh (New)
Bruce Kovner 500,900 sh (+497.02%)
Chris Davis 40,928 sh (+33.19%)
Ken Fisher 26,072 sh (+10.37%)
Chuck Royce 30,000 sh (unchged)
Jeremy Grantham 248,436 sh (unchged)
George Soros 1,900,000 sh (unchged)
Bill Gates Sold Out
Mason Hawkins 80,052,003 sh (-14.85%)
Steven Cohen 38,439 sh (-30.36%)
Charles Brandes 21,418,439 sh (-32.08%)
Dodge & Cox 26,655,794 sh (-63.24%)
» More
Q1 2013

CX Guru Trades in Q1 2013

Andreas Halvorsen 44,413,658 sh (New)
Louis Moore Bacon 165,000 sh (New)
Steven Cohen 638,905 sh (+1498.18%)
Bruce Kovner 3,466,201 sh (+565.38%)
Jim Simons 1,507,055 sh (+354.61%)
George Soros 6,250,000 sh (+216.3%)
Chuck Royce 87,400 sh (+191.33%)
Ken Fisher 26,875 sh (-0.89%)
Howard Marks 61,600 sh (-3.85%)
Chris Davis 40,928 sh (-3.85%)
Charles Brandes 16,845,844 sh (-24.37%)
Mason Hawkins 51,732,448 sh (-37.86%)
Jeremy Grantham 143,736 sh (-44.37%)
Dodge & Cox 93,555 sh (-99.66%)
» 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 2013-03-31 Reduce -37.86%1.33%$9.49 - $11.933 $ 11.519%51732448
George Soros 2013-03-31 Add 216.3%0.61%$9.49 - $11.933 $ 11.519%6250000
Charles Brandes 2013-03-31 Reduce -24.37%0.61%$9.49 - $11.933 $ 11.519%16845844
Dodge & Cox 2013-03-31 Reduce -99.66%0.35%$9.49 - $11.933 $ 11.519%93555
Charles Brandes 2012-12-31 Reduce -32.08%1.03%$8.13 - $9.62 $ 11.5132%21418439
Dodge & Cox 2012-12-31 Reduce -63.24%0.5%$8.13 - $9.62 $ 11.5132%26655794
Mason Hawkins 2012-09-30 Reduce -29.18%1.11%$6.12 - $8.24 $ 11.5161%94017299
George Soros 2012-09-30 New Buy0.26%$6.12 - $8.24 $ 11.5161%1900000
Mason Hawkins 2012-03-31 Reduce -27.18%1.17%$4.94 - $7.93 $ 11.5182%132525731
Mason Hawkins 2011-09-30 Add 10.98%0.26%$3.09 - $7.87 $ 11.51112%177317137
Charles Brandes 2011-09-30 Add 9.87%0.12%$3.09 - $7.87 $ 11.51112%44651322
Mason Hawkins 2011-06-30 Add 17.21%0.79%$7.02 - $8.51 $ 11.5149%159777900
Charles Brandes 2011-06-30 Add 5.88%0.14%$7.02 - $8.51 $ 11.5149%40638775
Charles Brandes 2010-09-30 Add 19.17%0.33%$6.81 - $8.85 $ 11.5145%39050898
Charles Brandes 2010-06-30 Add 9.39%0.18%$8.55 - $10.46 $ 11.5122%32768200
Mason Hawkins 2010-03-31 Add 26.43%1.28%$7.67 - $10.65 $ 11.5129%131406277
Charles Brandes 2010-03-31 Add 11.81%0.17%$7.67 - $10.65 $ 11.5129%28804426
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Cemex, S.A.B. de C.V.

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

Ratios

vs
industry		 vs
history
P/B 3.20
CX's P/B is ranked higher than
54% of the 409 Companies
in the Global Building Materials industry.

( Industry Median: 1.03 vs. CX: 3.20 )
CX' s 10-Year P/B Range
Min: 0.61   Max: 5.83
Current: 3.2
0.61
5.83
P/S 1.01
CX's P/S is ranked lower than
54% of the 415 Companies
in the Global Building Materials industry.

( Industry Median: 0.78 vs. CX: 1.01 )
CX' s 10-Year P/S Range
Min: 0.21   Max: 2.9
Current: 1.01
0.21
2.9
PFCF 115.40
CX's PFCF is ranked higher than
99% of the 269 Companies
in the Global Building Materials industry.

( Industry Median: 16.56 vs. CX: 115.40 )
CX' s 10-Year PFCF Range
Min: 11.43   Max: 115.4
Current: 115.4
11.43
115.4
EV-to-EBIT 58.8
CX's EV-to-EBIT is ranked higher than
94% of the 333 Companies
in the Global Building Materials industry.

( Industry Median: 14.68 vs. CX: 58.8 )
CX' s 10-Year EV-to-EBIT Range
Min: 11.2   Max: 140.5
Current: 58.8
11.2
140.5
Shiller P/E 6.5
CX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Building Materials industry.

( Industry Median: vs. CX: 6.5 )
CX' s 10-Year Shiller P/E Range
Min: 1.9   Max: 25.42
Current: 6.5
1.9
25.42

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 5.2
CX's Price/Net Current Asset Value is ranked lower than
81% of the 365 Companies
in the Global Building Materials industry.

( Industry Median: 6.80 vs. CX: 5.2 )
CX' s 10-Year Price/Net Current Asset Value Range
Min: 9.1   Max: 20.8
Current: 5.2
9.1
20.8
Price/DCF (Projected) 0.7
CX's Price/DCF (Projected) is ranked lower than
324% of the 91 Companies
in the Global Building Materials industry.

( Industry Median: 1.20 vs. CX: 0.7 )
CX' s 10-Year Price/DCF (Projected) Range
Min: 1.6   Max: 3.2
Current: 0.7
1.6
3.2
Price/Median PS Value 0.5
CX's Price/Median PS Value is ranked higher than
99% of the 395 Companies
in the Global Building Materials industry.

( Industry Median: 1.10 vs. CX: 0.5 )
CX' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 1.2
Current: 0.5
0.2
1.2
Earnings Yield (Greenblatt) 1.70
CX's Earnings Yield (Greenblatt) is ranked higher than
91% of the 348 Companies
in the Global Building Materials industry.

( Industry Median: 6.70 vs. CX: 1.70 )
CX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 8.9
Current: 1.7
0.7
8.9
Forward Rate of Return (Yacktman) -17.18
CX's Forward Rate of Return (Yacktman) is ranked lower than
1075268% of the 93 Companies
in the Global Building Materials industry.

( Industry Median: 9.09 vs. CX: -17.18 )
CX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -21.8   Max: -6.5
Current: -17.18
-21.8
-6.5

Business Description

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 global 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.
Company Website
Industry: Building Materials
Compare:HCMLF, JHX, AHCHY, LFRGY, SHW
Traded in other countries:CXMSF.USA, CEXB.Germany, CEXA.Germany

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?

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