CX (CemexB de CV) Altman Z-Score: 1.73 (As of Jun. 25, 2026) — 59% Above Median


CX Cemex SAB de CV CX
73 GF Score
Price $12.02
GF Value $7.57
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CemexB de CV Altman Z-Score?

CemexB de CV CX -1.15% 73 Altman Z-Score is 1.73 as of Jun. 25, 2026, which is 59% above its 10-year median of 1.09. 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 404 Building Materials companies, CemexB de CV ranks worse than 61.63% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.75 is in distress zone. This implies bankruptcy possibility in the next two years.

CemexB de CV has a Altman Z-Score of 1.73, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for CemexB de CV's Altman Z-Score or its related term are showing as below:

CX' s Altman Z-Score Range Over the Past 10 Years
Min: 0.49   Med: 1.09   Max: 1.75
Current: 1.75

During the past 13 years, CemexB de CV's highest Altman Z-Score was 1.75. The lowest was 0.49. And the median was 1.09.


CemexB de CV  (NYSE:CX) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


CemexB de CV Altman Z-Score Related Terms


CemexB de CV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CemexB de CV's Altman Z-Score 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.

CemexB de CV Altman Z-Score Chart

CemexB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.12 1.39 1.28 1.63

CemexB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 1.40 1.57 1.63 1.73

CX vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, CemexB de CV's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, CemexB de CV's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where CemexB de CV's Altman Z-Score falls into.


CX
73GF Score
Cemex SAB de CV CX
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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CemexB de CV Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

CemexB de CV's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.0312+1.4*0.218+3.3*0.0505+0.6*1.1833+1.0*0.5897
=1.73

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $28,100 Mil.
Total Current Assets was $5,642 Mil.
Total Current Liabilities was $6,519 Mil.
Retained Earnings was $6,125 Mil.
Pre-Tax Income was 325 + -182.696 + 360.777 + 428.724 = $932 Mil.
Interest Expense was -110 + -147.279 + -110.148 + -120.347 = $-488 Mil.
Revenue was 4019 + 4179.825 + 4245.421 + 4125.713 = $16,570 Mil.
Market Cap (Today) was $17,344 Mil.
Total Liabilities was $14,657 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(5642 - 6519)/28100
=-0.0312

X2=Retained Earnings/Total Assets
=6125/28100
=0.218

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(931.805 - -487.774)/28100
=0.0505

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=17344.288/14657
=1.1833

X5=Revenue/Total Assets
=16569.959/28100
=0.5897

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

CemexB de CV has a Altman Z-Score of 1.73 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.73 mean?
CemexB de CV (CX) has a Altman Z-Score of 1.73 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CemexB de CV and its competitors. This is 59% above median its historical median of 1.09. Over the past decade, CemexB de CV's Altman Z-Score has ranged from 0.49 to 1.75. According to the industry distribution chart, CemexB de CV ranks #249 out of 404 companies in the Building Materials industry, placing it in the top 61.6%.
Is CemexB de CV's Altman Z-Score too high?
CemexB de CV's current Altman Z-Score of 1.73 is 59% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.75. The Building Materials industry median Altman Z-Score is 2.26. CemexB de CV's value of 1.73 is 23.5% below this industry median. Based on the distribution chart, CemexB de CV ranks #249 out of 404 companies in the Building Materials industry, which is below 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 Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, CemexB de CV ranks #249 out of 404 companies for Altman Z-Score. This places CemexB de CV in the lower half of its industry. The industry median Altman Z-Score is 2.26. CemexB de CV's value of 1.73 is 23.5% below this benchmark. Historically, CemexB de CV's own Altman Z-Score has ranged from 0.49 to 1.75 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.26, CemexB de CV has consistently been below 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 Altman Z-Score for a Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.26, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CemexB de CV's current Altman Z-Score of 1.73 is 23.5% below 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on CemexB de CV and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CemexB de CV's current Altman Z-Score is 1.73, which is 59% above median its own 10-year median of 1.09. 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 Altman Z-Score is 1.73, which is 59% above median its 10-year median of 1.09 and 23.5% below the Building Materials industry median of 2.26. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For CemexB de CV (CX), the current Altman Z-Score is 1.73 as of Jun. 25, 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:

  • Altman Z-Score: 1.73 (59% above median its 10-year median of 1.09)
  • GF Value™: $7.57 vs. price of $12.02 (58.8% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 23.5% below the Building Materials median (#249 of 404)

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.


CemexB de CV Business Description

Address Avenida Ricardo Margain Zozaya, No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
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

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.02
Price
$7.57
GF Value