CemexB de CVCX -1.15%73 WACC % is 13.49% as of Jun. 24, 2026, which is 31% above its 10-year median of 10.26. GuruFocus rates CX with a GF Score™ of 73/100 and a GF Value™ of $7.57 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 417 Building Materials companies, CemexB de CV ranks worse than 88.73% on this metric.
As of today (2026-06-24), CemexB de CV's weighted average cost of capital is 13.49%%. 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.
For a comprehensive WACC calculation, please access the WACC Calculator.
CemexB de CV (NYSE:CX) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % 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 weighted average cost of capital is 13.49%%. 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
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
Related Terms
CemexB de CV WACC % Historical Data
* Premium members only.
The historical data trend for CemexB de CV's WACC % 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 WACC %, along with its competitors' market caps and WACC % 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 WACC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, CemexB de CV's WACC % distribution charts can be found below:
* The bar in red indicates where CemexB de CV's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, CemexB de CV's market capitalization (E) is $17344.289 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, CemexB de CV's latest one-year quarterly average Book Value of Debt (D) is $7159.5 Mil.
a) weight of equity = E / (E + D) = 17344.289 / (17344.289 + 7159.5) = 0.7078
b) weight of debt = D / (E + D) = 7159.5 / (17344.289 + 7159.5) = 0.2922
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 9.45%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. CemexB de CV's beta is 1.3469.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 9.45% + 1.3469 * 6% = 17.5314%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, CemexB de CV's interest expense (positive number) was $487.774 Mil. Its total Book Value of Debt (D) is $7159.5 Mil.
Cost of Debt = 487.774 / 7159.5 = 6.813%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 427.409 / 931.805 = 45.87%.
CemexB de CV's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.7078
*
17.5314%
+
0.2922
*
6.813%
*
(1 - 45.87%)
=
13.49%
* 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 WACC % of 13.49% as of Jun. 24, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on CemexB de CV and its competitors. This is 31% above median its historical median of 10.26. Over the past decade, CemexB de CV's WACC % has ranged from 6.60 to 14.06. According to the industry distribution chart, CemexB de CV ranks #370 out of 417 companies in the Building Materials industry, placing it in the top 88.7%.
Is CemexB de CV's WACC % too high?
CemexB de CV's current WACC % of 13.49% is 31% above median its 10-year median of 10.26. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 14.06. The Building Materials industry median WACC % is 8.74. CemexB de CV's value of 13.49% is 54.3% above this industry median. Based on the distribution chart, CemexB de CV ranks #370 out of 417 companies in the Building Materials industry, which is in the bottom quartile relative to peers. 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 WACC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, CemexB de CV ranks #370 out of 417 companies for WACC %. This places CemexB de CV in the lower half of its industry. The industry median WACC % is 8.74. CemexB de CV's value of 13.49% is 54.3% above this benchmark. Historically, CemexB de CV's own WACC % has ranged from 6.60 to 14.06 over the past decade. While the company's 10-year median is 10.26 vs. the industry median of 8.74, 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 WACC % for a Building Materials company?
The median WACC % among Building Materials companies is 8.74, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CemexB de CV's current WACC % of 13.49% is 54.3% 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on CemexB de CV and its competitors. For the Building Materials industry, the median WACC % is 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CemexB de CV's current WACC % is 13.49%, which is 31% above median its own 10-year median of 10.26. 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 WACC % is 13.49%, which is 31% above median its 10-year median of 10.26 and 54.3% above the Building Materials industry median of 8.74. 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 WACC % calculated?
WACC % is calculated from a company's financial statements. For CemexB de CV (CX), the current WACC % is 13.49% as of Jun. 24, 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:
WACC %: 13.49% (31% above median its 10-year median of 10.26)
GF Value™: $7.57 vs. price of $12.02 (58.8% above fair value)
Industry Position: 54.3% above the Building Materials median (#370 of 417)
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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