CEMEX SAB-SPONS ADR PART CER (CX) Stock Fundamental Analysis
NYSE:CX - New York Stock Exchange, Inc. - US1512908898 - ADR - Currency: USD
CX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 12 industry peers in the Construction Materials industry. CX has a medium profitability rating, but doesn't score so well on its financial health evaluation. CX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CX had positive earnings in the past year.
CX had a positive operating cash flow in the past year.
Of the past 5 years CX 4 years were profitable.
CX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CX's Return On Assets of 5.98% is on the low side compared to the rest of the industry. CX is outperformed by 75.00% of its industry peers.
With a Return On Equity value of 12.93%, CX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
CX's Return On Invested Capital of 7.56% is in line compared to the rest of the industry. CX outperforms 41.67% of its industry peers.
CX had an Average Return On Invested Capital over the past 3 years of 6.81%. This is significantly below the industry average of 19.50%.
The 3 year average ROIC (6.81%) for CX is below the current ROIC(7.56%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 12.93% | ||
| ROIC | 7.56% |
ROA(3y)2.44%
ROA(5y)0.96%
ROE(3y)5.81%
ROE(5y)1.39%
ROIC(3y)6.81%
ROIC(5y)6.3%
1.3 Margins
Looking at the Profit Margin, with a value of 8.43%, CX is doing worse than 83.33% of the companies in the same industry.
In the last couple of years the Profit Margin of CX has grown nicely.
CX has a worse Operating Margin (10.41%) than 83.33% of its industry peers.
CX's Operating Margin has improved in the last couple of years.
CX has a Gross Margin of 33.11%. This is in the better half of the industry: CX outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of CX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.41% | ||
| PM (TTM) | 8.43% | ||
| GM | 33.11% |
OM growth 3Y-1.91%
OM growth 5Y2.21%
PM growth 3Y3.44%
PM growth 5Y39.71%
GM growth 3Y1.36%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CX is destroying value.
CX has a better debt/assets ratio than last year.
2.2 Solvency
CX has an Altman-Z score of 1.62. 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 (1.62) is worse than 75.00% of its industry peers.
CX has a debt to FCF ratio of 24.00. This is a negative value and a sign of low solvency as CX would need 24.00 years to pay back of all of its debts.
CX has a Debt to FCF ratio of 24.00. This is in the lower half of the industry: CX underperforms 75.00% of its industry peers.
CX has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.45, CX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 24 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.58
WACC13.11%
2.3 Liquidity
A Current Ratio of 0.85 indicates that CX may have some problems paying its short term obligations.
CX's Current ratio of 0.85 is on the low side compared to the rest of the industry. CX is outperformed by 91.67% of its industry peers.
CX has a Quick Ratio of 0.85. 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 Quick ratio of 0.60. This is amonst the worse of the industry: CX underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
CX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.56%.
The Earnings Per Share has been growing by 76.58% 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 13.78%.
The Revenue has been growing slightly by 4.29% on average over the past years.
EPS 1Y (TTM)-81.56%
EPS 3Y-35.5%
EPS 5Y76.58%
EPS Q2Q%-94.12%
Revenue 1Y (TTM)13.78%
Revenue growth 3Y4.05%
Revenue growth 5Y4.29%
Sales Q2Q%-11.8%
3.2 Future
Based on estimates for the next years, CX will show a very negative growth in Earnings Per Share. The EPS will decrease by -18.89% on average per year.
Based on estimates for the next years, CX will show a small growth in Revenue. The Revenue will grow by 4.14% on average per year.
EPS Next Y-64.42%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
EPS Next 5YN/A
Revenue Next Year-4.17%
Revenue Next 2Y-0.52%
Revenue Next 3Y1.87%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.20, the valuation of CX can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of CX indicates a rather cheap valuation: CX is cheaper than 91.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, CX is valued rather cheaply.
A Price/Forward Earnings ratio of 2.31 indicates a rather cheap valuation of CX.
100.00% of the companies in the same industry are more expensive than CX, based on the Price/Forward Earnings ratio.
CX is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.2 | ||
| Fwd PE | 2.31 |
4.2 Price Multiples
CX's Enterprise Value to EBITDA 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/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.71 | ||
| EV/EBITDA | 4.69 |
4.3 Compensation for Growth
A cheap valuation may be justified as CX's earnings are expected to decrease with -18.89% in the coming years.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 34.79%, CX is a good candidate for dividend investing.
CX's Dividend Yield is rather good when compared to the industry average which is at 5.12. 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 34.79% |
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 7.13% of its income as dividend. This is a sustainable payout ratio.
DP7.13%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
7.13
+0.13 (+1.86%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners26.76%
Inst Owner Change3.94%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.34B
Analysts81.33
Price Target6.42 (-9.96%)
Short Float %1.92%
Short Ratio1.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 34.79% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP7.13%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-45.63%
Min EPS beat(2)-88.35%
Max EPS beat(2)-2.91%
EPS beat(4)0
Avg EPS beat(4)-44.5%
Min EPS beat(4)-88.35%
Max EPS beat(4)-2.91%
EPS beat(8)1
Avg EPS beat(8)139.52%
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)-3.33%
Min Revenue beat(2)-4.86%
Max Revenue beat(2)-1.8%
Revenue beat(4)0
Avg Revenue beat(4)-5.37%
Min Revenue beat(4)-8.32%
Max Revenue beat(4)-1.8%
Revenue beat(8)1
Avg Revenue beat(8)-3.4%
Revenue beat(12)2
Avg Revenue beat(12)3.73%
Revenue beat(16)2
Avg Revenue beat(16)-4.05%
PT rev (1m)8.32%
PT rev (3m)3.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.08%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)-1.53%
Revenue NY rev (3m)-3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.2 | ||
| Fwd PE | 2.31 | ||
| P/S | 0.52 | ||
| P/FCF | 36.71 | ||
| P/OCF | 5.79 | ||
| P/B | 0.8 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 4.69 |
EPS(TTM)0.99
EY13.88%
EPS(NY)3.09
Fwd EY43.34%
FCF(TTM)0.19
FCFY2.72%
OCF(TTM)1.23
OCFY17.26%
SpS13.68
BVpS8.92
TBVpS2.4
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 12.93% | ||
| ROCE | 9.57% | ||
| ROIC | 7.56% | ||
| ROICexc | 8.08% | ||
| ROICexgc | 15.19% | ||
| OM | 10.41% | ||
| PM (TTM) | 8.43% | ||
| GM | 33.11% | ||
| FCFM | 1.42% |
ROA(3y)2.44%
ROA(5y)0.96%
ROE(3y)5.81%
ROE(5y)1.39%
ROIC(3y)6.81%
ROIC(5y)6.3%
ROICexc(3y)7.18%
ROICexc(5y)6.61%
ROICexgc(3y)13.44%
ROICexgc(5y)12.5%
ROCE(3y)8.62%
ROCE(5y)7.97%
ROICexcg growth 3Y3.59%
ROICexcg growth 5Y8.98%
ROICexc growth 3Y3.55%
ROICexc growth 5Y10.09%
OM growth 3Y-1.91%
OM growth 5Y2.21%
PM growth 3Y3.44%
PM growth 5Y39.71%
GM growth 3Y1.36%
GM growth 5Y0.48%
F-Score7
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 24 | ||
| Debt/EBITDA | 1.77 | ||
| Cap/Depr | 121.34% | ||
| Cap/Sales | 7.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 54% | ||
| Profit Quality | 16.85% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 1.62 |
F-Score7
WACC13.11%
ROIC/WACC0.58
Cap/Depr(3y)98.23%
Cap/Depr(5y)87.02%
Cap/Sales(3y)7.21%
Cap/Sales(5y)6.61%
Profit Quality(3y)217.11%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-81.56%
EPS 3Y-35.5%
EPS 5Y76.58%
EPS Q2Q%-94.12%
EPS Next Y-64.42%
EPS Next 2Y-26.95%
EPS Next 3Y-18.89%
EPS Next 5YN/A
Revenue 1Y (TTM)13.78%
Revenue growth 3Y4.05%
Revenue growth 5Y4.29%
Sales Q2Q%-11.8%
Revenue Next Year-4.17%
Revenue Next 2Y-0.52%
Revenue Next 3Y1.87%
Revenue Next 5Y4.14%
EBIT growth 1Y12.16%
EBIT growth 3Y2.07%
EBIT growth 5Y6.6%
EBIT Next Year58.46%
EBIT Next 3Y19.8%
EBIT Next 5YN/A
FCF growth 1Y-55.57%
FCF growth 3Y-11.58%
FCF growth 5Y-3.16%
OCF growth 1Y-7.02%
OCF growth 3Y0.91%
OCF growth 5Y6.96%