CEMEX SAB-SPONS ADR PART CER (CX) Stock Fundamental Analysis
NYSE:CX - New York Stock Exchange, Inc. - US1512908898 - ADR - Currency: USD
Taking everything into account, CX scores 4 out of 10 in our fundamental rating. CX was compared to 12 industry peers in the Construction Materials industry. While CX is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on CX.
1. Profitability
1.1 Basic Checks
In the past year CX was profitable.
In the past year CX had a positive cash flow from operations.
CX had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CX had a positive operating cash flow.
1.2 Ratios
CX has a Return On Assets of 4.37%. This is amonst the worse of the industry: CX underperforms 91.67% of its industry peers.
CX has a worse Return On Equity (9.80%) than 91.67% of its industry peers.
The Return On Invested Capital of CX (8.41%) is worse than 66.67% of its industry peers.
CX had an Average Return On Invested Capital over the past 3 years of 6.80%. This is significantly below the industry average of 20.02%.
The 3 year average ROIC (6.80%) for CX is below the current ROIC(8.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 9.8% | ||
| ROIC | 8.41% |
ROA(3y)2.44%
ROA(5y)0.96%
ROE(3y)5.81%
ROE(5y)1.38%
ROIC(3y)6.8%
ROIC(5y)6.29%
1.3 Margins
With a Profit Margin value of 5.89%, CX is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of CX has grown nicely.
The Operating Margin of CX (11.14%) is worse than 83.33% of its industry peers.
In the last couple of years the Operating Margin of CX has grown nicely.
CX has a Gross Margin of 33.63%. This is in the better half of the industry: CX outperforms 75.00% of its industry peers.
CX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.14% | ||
| PM (TTM) | 5.89% | ||
| GM | 33.63% |
OM growth 3Y-2.04%
OM growth 5Y2.13%
PM growth 3Y3.43%
PM growth 5Y39.7%
GM growth 3Y1.36%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
CX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The debt/assets ratio for CX has been reduced compared to a year ago.
2.2 Solvency
CX has an Altman-Z score of 1.56. This is a bad value and indicates that CX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CX (1.56) is worse than 75.00% of its industry peers.
The Debt to FCF ratio of CX is 13.83, which is on the high side as it means it would take CX, 13.83 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 13.83, CX is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
CX has a Debt/Equity ratio of 0.51. This is a neutral value indicating CX is somewhat dependend on debt financing.
CX's Debt to Equity ratio of 0.51 is in line compared to the rest of the industry. CX outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 13.83 | ||
| Altman-Z | 1.56 |
ROIC/WACC0.73
WACC11.45%
2.3 Liquidity
CX has a Current Ratio of 0.82. This is a bad value and indicates that CX is not financially healthy enough and could expect problems in meeting its short term obligations.
CX has a worse Current ratio (0.82) than 91.67% of its industry peers.
CX has a Quick Ratio of 0.82. This is a bad value and indicates that CX is not financially healthy enough and could expect problems in meeting its short term obligations.
CX's Quick ratio of 0.58 is on the low side compared to the rest of the industry. CX is outperformed by 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
CX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 914.72%, which is quite impressive.
The Earnings Per Share has been growing by 76.41% on average over the past years. This is a very strong growth
CX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.36%.
CX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.29% yearly.
EPS 1Y (TTM)914.72%
EPS 3Y-35.5%
EPS 5Y76.41%
EPS Q2Q%130%
Revenue 1Y (TTM)16.36%
Revenue growth 3Y4.06%
Revenue growth 5Y4.29%
Sales Q2Q%-10.18%
3.2 Future
CX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -18.89% yearly.
The Revenue is expected to grow by 4.14% on average over the next years.
EPS Next Y-64.42%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
EPS Next 5YN/A
Revenue Next Year-0.35%
Revenue Next 2Y2.6%
Revenue Next 3Y2.9%
Revenue Next 5Y4.14%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CX is valuated cheaply with a Price/Earnings ratio of 1.02.
CX's Price/Earnings ratio is rather cheap when compared to the industry. CX is cheaper than 91.67% of the companies in the same industry.
CX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.79.
CX is valuated cheaply with a Price/Forward Earnings ratio of 2.87.
Based on the Price/Forward Earnings ratio, CX is valued cheaper than 100.00% of the companies in the same industry.
CX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.02 | ||
| Fwd PE | 2.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CX indicates a rather cheap valuation: CX is cheaper than 91.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CX is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 3.9 |
4.3 Compensation for Growth
CX's earnings are expected to decrease with -18.89% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.01
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 45.93%, CX is a good candidate for dividend investing.
CX's Dividend Yield is rather good when compared to the industry average which is at 7.42. CX pays more dividend than 100.00% of the companies in the same industry.
CX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 45.93% |
5.2 History
CX has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CX pays out 7.49% of its income as dividend. This is a sustainable payout ratio.
DP7.49%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
5.92
+0.23 (+4.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners26.76%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.59B
Analysts80
Price Target5.93 (0.17%)
Short Float %1.24%
Short Ratio1.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 45.93% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP7.49%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-61.81%
Min EPS beat(2)-88.35%
Max EPS beat(2)-35.28%
EPS beat(4)1
Avg EPS beat(4)343.85%
Min EPS beat(4)-88.35%
Max EPS beat(4)1550.49%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.59%
Min Revenue beat(2)-8.32%
Max Revenue beat(2)-4.86%
Revenue beat(4)0
Avg Revenue beat(4)-5.42%
Min Revenue beat(4)-8.32%
Max Revenue beat(4)-2%
Revenue beat(8)1
Avg Revenue beat(8)-3.36%
Revenue beat(12)2
Avg Revenue beat(12)3.78%
Revenue beat(16)2
Avg Revenue beat(16)-9.89%
PT rev (1m)-8.42%
PT rev (3m)-0.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-50%
EPS NY rev (1m)-9.08%
EPS NY rev (3m)-9.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.02 | ||
| Fwd PE | 2.87 | ||
| P/S | 0.42 | ||
| P/FCF | 17.73 | ||
| P/OCF | 4.53 | ||
| P/B | 0.71 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 3.9 |
EPS(TTM)5.79
EY97.8%
EPS(NY)2.06
Fwd EY34.8%
FCF(TTM)0.33
FCFY5.64%
OCF(TTM)1.31
OCFY22.06%
SpS13.97
BVpS8.39
TBVpS1.94
PEG (NY)N/A
PEG (5Y)0.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.37% | ||
| ROE | 9.8% | ||
| ROCE | 10.65% | ||
| ROIC | 8.41% | ||
| ROICexc | 8.86% | ||
| ROICexgc | 16.56% | ||
| OM | 11.14% | ||
| PM (TTM) | 5.89% | ||
| GM | 33.63% | ||
| FCFM | 2.39% |
ROA(3y)2.44%
ROA(5y)0.96%
ROE(3y)5.81%
ROE(5y)1.38%
ROIC(3y)6.8%
ROIC(5y)6.29%
ROICexc(3y)7.1%
ROICexc(5y)6.57%
ROICexgc(3y)13.19%
ROICexgc(5y)12.35%
ROCE(3y)8.61%
ROCE(5y)7.97%
ROICexcg growth 3Y1.72%
ROICexcg growth 5Y7.8%
ROICexc growth 3Y2.49%
ROICexc growth 5Y9.41%
OM growth 3Y-2.04%
OM growth 5Y2.13%
PM growth 3Y3.43%
PM growth 5Y39.7%
GM growth 3Y1.36%
GM growth 5Y0.48%
F-Score7
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 13.83 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | 112.7% | ||
| Cap/Sales | 6.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.98% | ||
| Profit Quality | 40.6% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.56 |
F-Score7
WACC11.45%
ROIC/WACC0.73
Cap/Depr(3y)101.24%
Cap/Depr(5y)88.82%
Cap/Sales(3y)7.45%
Cap/Sales(5y)6.75%
Profit Quality(3y)213.08%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)914.72%
EPS 3Y-35.5%
EPS 5Y76.41%
EPS Q2Q%130%
EPS Next Y-64.42%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
EPS Next 5YN/A
Revenue 1Y (TTM)16.36%
Revenue growth 3Y4.06%
Revenue growth 5Y4.29%
Sales Q2Q%-10.18%
Revenue Next Year-0.35%
Revenue Next 2Y2.6%
Revenue Next 3Y2.9%
Revenue Next 5Y4.14%
EBIT growth 1Y22.13%
EBIT growth 3Y1.93%
EBIT growth 5Y6.51%
EBIT Next Year62.29%
EBIT Next 3Y20.65%
EBIT Next 5YN/A
FCF growth 1Y-50.77%
FCF growth 3Y-17.57%
FCF growth 5Y-7.15%
OCF growth 1Y-12.26%
OCF growth 3Y0.92%
OCF growth 5Y6.96%