ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. CemexB de CV's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 5.09%.
As of today (2026-06-24), CemexB de CV's WACC % is 12.47%. CemexB de CV's ROIC % is 3.76% (calculated using TTM income statement data).
CemexB de CV earns returns that do not match up to its cost of capital. It will destroy value as it grows.
CemexB de CV (NYSE:CX) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, CemexB de CV's WACC % is 12.47%. CemexB de CV's ROIC % is 3.76% (calculated using TTM income statement data).
CemexB de CV earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
CemexB de CV ROIC % Related Terms
CemexB de CV ROIC % Historical Data
* Premium members only.
The historical data trend for CemexB de CV's ROIC % 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.
For the Building Materials subindustry, CemexB de CV's ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, CemexB de CV's ROIC % distribution charts can be found below:
* The bar in red indicates where CemexB de CV's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
CemexB de CV (CX) has a ROIC % of 5.09% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on CemexB de CV and its competitors.
Is CemexB de CV's ROIC % too high?
CemexB de CV's current ROIC % is 5.09%. The Building Materials industry median ROIC % is 3.57. CemexB de CV's value of 5.09% is 42.8% above this industry median. 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 ROIC % compare to CRH and VMC?
CemexB de CV's ROIC % of 5.09% can be compared against companies in the Building Materials industry. The industry median ROIC % is 3.57. CemexB de CV's value of 5.09% is 42.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Building Materials company?
The median ROIC % among Building Materials companies is 3.57, based on 400 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CemexB de CV's current ROIC % of 5.09% is 42.8% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on CemexB de CV and its competitors. For the Building Materials industry, the median ROIC % is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CemexB de CV's current ROIC % is 5.09%. 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 $7.57, compared to a current price of $12.02 — trading 58.8% above its estimated fair value. The current ROIC % is 5.09% and 42.8% above the Building Materials industry median of 3.57. 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 ROIC % calculated?
ROIC % is calculated from a company's financial statements. For CemexB de CV (CX), the current ROIC % is 5.09% 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 $12.02 is trading 58.8% above its estimated GF Value™ of $7.57.
GuruFocus considers CemexB de CV to be Significantly Overvalued.
Key valuation signals for CX:
ROIC %: 5.09%
GF Value™: $7.57 vs. price of $12.02 (58.8% above fair value)
Industry Position: 42.8% above the Building Materials median
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
Get the complete analysis for CX
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CX has been successfully added to your 
