CX

CEMEX, S.A.B. de C.V.

56
Fundamentals59/ 100
Valuation50/ 100
Upside potential56/ 100
Risk potential19/ 100

CX lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover.

CX Fundamentals

MetricStatus
Stable
Strong
Healthy
Stable

CX's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.

CX PE Valuation

CX has no meaningful PE right now: it lost money over the past year.

CX Forward outlook

MetricOutlook
--
Strong growth
Growth
Stable
Limited
High

Analysts expect earnings and revenue growth for CX, with profitability holding steady.

CX Risk to reward

ScenarioChangePrice
Upside+24%$12.94
Downside-19%$8.50

Calculated from the latest close: $10.47 on Nov 12.

CX's one-year upside scenario is somewhat larger than its downside: +24% against −19%.

CX Earnings Per Share

Q4 2023: $0.13Q1 2024: $0.15Q2 2024: $0.12Q3 2024: $0.30Q4 2024: $0.61Q1 2025: $0.95Q2 2025: $1.01Q3 2025: $0.92
Q4 2023: $0.13Q1 2024: $0.15Q2 2024: $0.12Q3 2024: $0.30Q4 2024: $0.61Q1 2025: $0.95Q2 2025: $1.01Q3 2025: $0.92
QuarterTTM EPSYoY
Q3 2025$0.92+207%
Q2 2025$1.01+742%
Q1 2025$0.95+533%
Q4 2024$0.61+369%
Q3 2024$0.30-17%
Q2 2024$0.12-80%
Q1 2024$0.15-75%
Q4 2023$0.13-78%

CX earned $0.92 per share over the past year, about three times what it earned the year before.

CX Quarterly Revenue

Q4 2023: $3.5BQ1 2024: $3.9BQ2 2024: $4.4BQ3 2024: $4.1BQ4 2024: $3.7BQ1 2025: $3.6BQ2 2025: $4.1BQ3 2025: $4.2BQ4 2025: $4.1BQ1 2026: $4BQ2 2026: $4.6BQ3 2026: $4.6B
Q4 2023: $3.5BQ1 2024: $3.9BQ2 2024: $4.4BQ3 2024: $4.1BQ4 2024: $3.7BQ1 2025: $3.6BQ2 2025: $4.1BQ3 2025: $4.2BQ4 2025: $4.1BQ1 2026: $4BQ2 2026: $4.6BQ3 2026: $4.6B
QuarterRevenueYoY
Q3 2026$4.6B+8.1%
Q2 2026$4.6B+11%
Q1 2026$4B+11%
Q4 2025$4.1B+12%
Q3 2025$4.2B+4.7%
Q2 2025$4.1B-5.3%
Q1 2025$3.6B-8.3%
Q4 2024$3.7B+5.3%

CX's revenue has grown year over year for five quarters in a row: $4.6B last quarter, up 8.1% from the same quarter a year ago.

CX Free Cash Flow

Q4 2023: $288MQ1 2024: −$189MQ2 2024: $332MQ3 2024: $168MQ4 2024: $700MQ1 2025: −$325MQ2 2025: $134MQ3 2025: $493MQ4 2025: $708MQ1 2026: $31MQ2 2026: $582MQ3 2026: $596M
Q4 2023: $288MQ1 2024: −$189MQ2 2024: $332MQ3 2024: $168MQ4 2024: $700MQ1 2025: −$325MQ2 2025: $134MQ3 2025: $493MQ4 2025: $708MQ1 2026: $31MQ2 2026: $582MQ3 2026: $596M
QuarterFree cash flowYoY
Q3 2026$595.8M+21%
Q2 2026$582.3M+336%
Q1 2026$31.2M+$356.3M
Q4 2025$708.1M+1.1%
Q3 2025$493.3M+194%
Q2 2025$133.5M-60%
Q1 2025-$325.1M-$136.3M
Q4 2024$700.3M+143%

CX generated $1.9B in free cash flow over the past year, up 91% from the year before.

CX Total Shares

Q4 2023: 1.5BQ1 2024: 1.5BQ2 2024: 1.5BQ3 2024: 1.5BQ4 2024: 1.5BQ1 2025: 1.5BQ2 2025: 1.5BQ3 2025: 1.5B
Q4 2023: 1.5BQ1 2024: 1.5BQ2 2024: 1.5BQ3 2024: 1.5BQ4 2024: 1.5BQ1 2025: 1.5BQ2 2025: 1.5BQ3 2025: 1.5B
PeriodChange %Net change
Quarterly+1.4%+19.8M shares
1 year-3.1%-47.2M shares
3 years+1.5%+21.8M shares
5 years-1.3%-20.1M shares

CX has 1.5B diluted shares, down 3.1% from a year ago.

CX Net Leverage

Q4 2023: 2.7xQ1 2024: 2.4xQ2 2024: 2.5xQ3 2024: 2.6xQ4 2024: 2.3xQ1 2025: 0.7xQ2 2025: 2.1xQ3 2025: 0.6xQ4 2025: 2.3xQ1 2026: 2.5xQ2 2026: 2.2xQ3 2026: 1.8x
Q4 2023: 2.7xQ1 2024: 2.4xQ2 2024: 2.5xQ3 2024: 2.6xQ4 2024: 2.3xQ1 2025: 0.7xQ2 2025: 2.1xQ3 2025: 0.6xQ4 2025: 2.3xQ1 2026: 2.5xQ2 2026: 2.2xQ3 2026: 1.8x
QuarterNet LeverageStatus
Q3 20261.8xHealthy
Q2 20262.2xModerate
Q1 20262.5xModerate
Q4 20252.3xModerate
Q3 20250.6xVery low
Q2 20252.1xModerate
Q1 20250.7xVery low
Q4 20242.3xModerate

CX's net debt is about 1.8 years of its operating earnings (EBITDA), up from less than a year a year ago.

CX Weekly Momentum

MetricValueStatus
RSI44.4Neutral
Stochastic50.9Neutral

CX's weekly RSI is 44 (neutral) and its Stochastic is 51 (neutral).

CX PE vs Basic Materials Sector

CX has no meaningful PE right now: it lost money over the past year.

CX Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.13.3% above
20 week MA$11.04.4% below
50 week MA$11.69.8% below
100 week MA$9.5210% above
200 week MA$8.1329% above

CX's trend is mixed: it's above three of its five weekly moving averages, and 29% above its 200-week average.

CX Yearly ROI

YearStart priceEnd priceROI
2020$3.85$5.14+34%
2021$5.14$6.70+30%
2022$6.70$4.24-37%
2023$4.24$7.75+83%
2024$7.75$5.68-27%
2025$5.68$12.0+111%
2026 YTD$12.0$10.5-13%

CX has finished higher in four of the last six years, two of them by more than 50%. It's down 13% so far in 2026.

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