CemexB de CVCX +1.32%73 ROC (Joel Greenblatt) % is 14.37% as of Mar. 2026, which is 12% above its 10-year median of 12.83. GuruFocus rates CX with a GF Score™ of 73/100 and a GF Value™ of $7.65 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 408 Building Materials companies, CemexB de CV ranks better than 58.82% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. CemexB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.37%.
The historical rank and industry rank for CemexB de CV's ROC (Joel Greenblatt) % or its related term are showing as below:
CX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.47 Med: 12.83 Max: 17.44
Current: 11.8
During the past 13 years, CemexB de CV's highest ROC (Joel Greenblatt) % was 17.44%. The lowest was -4.47%. And the median was 12.83%.
CX's ROC (Joel Greenblatt) % is ranked better than 58.82% of 408
companies
in the Building Materials industry
Industry Median: 8.6
vs CX: 11.80
CemexB de CV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
CemexB de CV (NYSE:CX) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
CemexB de CV ROC (Joel Greenblatt) % Related Terms
CemexB de CV ROC (Joel Greenblatt) % Historical Data
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The historical data trend for CemexB de CV's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CX vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, CemexB de CV's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CemexB de CV ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, CemexB de CV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CemexB de CV's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 14.37% mean?
CemexB de CV (CX) has a ROC (Joel Greenblatt) % of 14.37% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CemexB de CV and its competitors. This is 12% above median its historical median of 12.83. According to the industry distribution chart, CemexB de CV ranks #168 out of 408 companies in the Building Materials industry, placing it in the top 41.2%.
Is CemexB de CV's ROC (Joel Greenblatt) % too high?
CemexB de CV's current ROC (Joel Greenblatt) % of 14.37% is 12% above median its 10-year median of 12.83. The Building Materials industry median ROC (Joel Greenblatt) % is 8.60. CemexB de CV's value of 14.37% is 67.1% above this industry median. Based on the distribution chart, CemexB de CV ranks #168 out of 408 companies in the Building Materials industry, which is above the industry midpoint. Overall, CemexB de CV has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CemexB de CV's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, CemexB de CV ranks #168 out of 408 companies for ROC (Joel Greenblatt) %. This puts CemexB de CV in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.60. CemexB de CV's value of 14.37% is 67.1% above this benchmark. While the company's 10-year median is 12.83 vs. the industry median of 8.60, CemexB de CV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.60, based on 408 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CemexB de CV's current ROC (Joel Greenblatt) % of 14.37% is 67.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CemexB de CV and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CemexB de CV's current ROC (Joel Greenblatt) % is 14.37%, which is 12% above median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CemexB de CV stock overvalued right now?
Based on GuruFocus' analysis, CemexB de CV (CX) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.65, compared to a current price of $12.29 — trading 60.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.37%, which is 12% above median its 10-year median of 12.83 and 67.1% above the Building Materials industry median of 8.60. CemexB de CV's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For CemexB de CV (CX), the current ROC (Joel Greenblatt) % is 14.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CemexB de CV (CX) Overvalued in 2026?
Based on GuruFocus' analysis, CemexB de CV stock appears to be overvalued.
The current stock price of $12.29 is trading 60.7% above its estimated GF Value™ of $7.65.
GuruFocus considers CemexB de CV to be Significantly Overvalued.
Key valuation signals for CX:
ROC (Joel Greenblatt) %: 14.37% (12% above median its 10-year median of 12.83)
GF Value™: $7.65 vs. price of $12.29 (60.7% above fair value)
Industry Position: 67.1% above the Building Materials median (#168 of 408)
No single metric tells the full story. See the CX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cemex SAB de CV is a ready-mix concrete company that mainly engaged in activities that are oriented to the construction industry, mainly through the production, marketing, sale, and distribution of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and also provide related services and reliable construction-related services to customers and communities and maintain business relationships in more than 60 countries throughout the world. The company operates in different parts of the world, with operations in Mexico, the United States, the EMEA region and the SCA&C region.
73GF Score
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