Discounted Cash Flow

Cemex SAB DE CV ADR

CX · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $249.9b $14.0b $39.1b 5.6% $0.32
2017 $258.1b (3.3%) $15.2b (8.5%) $31.1b (-20.5%) 5.9% (5.0%) $0.34 (6.3%)
2018 $276.9b (7.3%) $10.5b (-31.2%) $25.0b (-19.6%) 3.8% (-35.9%) $0.22 (-35.3%)
2019 $13.1b (-95.3%) $143.0m (-98.6%) $1.3b (-94.8%) 1.1% (-71.2%) $0.00 (-98.6%)
2020 $13.0b (-1.2%) $-1.5b (-1125.9%) $1.5b (14.7%) -11.3% (-1138.5%) $-0.03 (-1171.0%)
2021 $14.5b (12.2%) $753.0m (151.3%) $1.9b (24.1%) 5.2% (145.8%) $0.02 (151.5%)
2022 $15.6b (7.1%) $858.0m (13.9%) $1.4b (-26.5%) 5.5% (6.4%) $0.02 (15.2%)
2023 $17.4b (11.6%) $182.0m (-78.8%) $182.0m (-86.7%) 1.0% (-81.0%) $0.00 (-78.7%)
2024 $16.2b (-6.8%) $939.0m (415.9%) $611.0m (235.7%) 5.8% (453.8%) $0.02 (416.7%)
2025 $16.1b (-0.4%) $404.0m (-57.0%) $763.0m (24.9%) 2.5% (-56.8%) $0.02 (1.8%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model