CX vs. WPM: CEMEX vs. Wheaton Precious Metals Stock Comparison
How do CEMEX (CX) and Wheaton Precious Metals (WPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CEMEX (CX) and Wheaton Precious Metals (WPM) both fall under the Materials industry group, but CX is classified in Construction Materials while WPM is classified in Metals & Mining.
Wheaton Precious Metals (WPM) trades as ordinary local shares, while CEMEX (CX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CX | WPM |
|---|---|---|
| Name | Cemex S.A.B. de C.V. Sponsored ADR | Wheaton Precious Metals Corp. |
| Country/Region | Mexico | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Construction Materials | Metals & Mining |
| GICS Sub-Industry | Construction Materials | Gold |
| Market Capitalization | 15.47 billion USD | 61.91 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 15, 1999 | July 6, 2005 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CX | WPM |
|---|---|---|
| Total Return (1Y) | 7.57% | 45.35% |
| Total Return (3Y, Annualized) | 17.84% | 50.60% |
| Total Return (5Y, Annualized) | 10.81% | 29.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
CEMEX (CX) has an aggressive beta of 1.57, indicating higher sensitivity to broad-market moves, while Wheaton Precious Metals (WPM) is defensive at 0.49 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | CX | WPM |
|---|---|---|
| Volatility (1Y, Annualized) | 36.82% | 52.11% |
| Beta (5Y) | 1.57 | 0.49 |
| Max Drawdown (5Y) | -53.08% | -43.29% |
| Avg. Volume (3M) | 7.01M | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CX | WPM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.09 | 0.79 |
| Sortino Ratio (1Y) | 0.14 | 1.14 |
Profitability
ROE (TTM)
Wheaton Precious Metals (WPM) at 23.10% sits in the top ROE quartile, while CEMEX (CX) at 5.17% is closer to the peer norm — stronger capital efficiency for WPM.
CX
Materials industry group
5.17%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- CX
- 5.17%
- Q1
- -3.41%
- Min
- -32.81%
WPM
Materials industry group
23.10%
- Max
- 52.88%
- WPM
- 23.10%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Wheaton Precious Metals (WPM) at 60.39% converts revenue to bottom-line profit above its industry’s benchmark range, while CEMEX (CX) at 3.60% keeps roughly the typical share for its industry.
CX
Materials industry group
3.60%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- CX
- 3.60%
- Q1
- 0.00%
- Min
- -20.40%
WPM
Materials industry group
60.39%
- WPM
- 60.39%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Wheaton Precious Metals (WPM) at 66.70% operates in the top operating margin quartile, ahead of CEMEX (CX) at 14.77%, which runs around its industry’s norm.
CX
Materials industry group
14.77%
- Max
- 66.70%
- Q3
- 28.92%
- CX
- 14.77%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
WPM
Materials industry group
66.70%
- WPM
- 66.70%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | CX | WPM |
|---|---|---|
| ROE (TTM) | 5.17% | 23.10% |
| ROA (TTM) | 5.07% | 15.22% |
| Net Margin (TTM) | 3.60% | 60.39% |
| Operating Margin (TTM) | 14.77% | 66.70% |
| Gross Margin (TTM) | 33.48% | 86.61% |
Growth
Revenue Growth
Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while CEMEX (CX) at 0.43% is closer to the peer norm — faster top-line expansion for WPM.
EPS Growth
Wheaton Precious Metals (WPM) at 177.85% sits in the top EPS growth quartile, while CEMEX (CX) at 2.35% is closer to the peer norm — faster per-share earnings growth for WPM.
Growth Metrics
| Metric | CX | WPM |
|---|---|---|
| Revenue Growth (YoY) | 0.43% | 80.18% |
| Revenue Growth (3Y CAGR) | 3.13% | 29.53% |
| EPS Growth (YoY) | 2.35% | 177.85% |
| EPS Growth (3Y CAGR) | 4.14% | 29.83% |
Financial Strength
Current Ratio (MRQ)
Both CEMEX (CX) at 0.95 and Wheaton Precious Metals (WPM) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
CX
Materials industry group
0.95
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- CX
- 0.95
- Min
- 0.16
WPM
Materials industry group
0.57
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- WPM
- 0.57
- Min
- 0.16
Debt / Equity (MRQ)
Both CEMEX (CX) at 0.46 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CX
Materials industry group
0.46
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- CX
- 0.46
- Q1
- 0.13
- Min
- 0.00
WPM
Materials industry group
0.16
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- WPM
- 0.16
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | CX | WPM |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 0.57 |
| Debt / Equity (MRQ) | 0.46 | 0.16 |
| Net Debt / EBITDA | 1.60 | 0.50 |
Dividends
Dividend Yield (TTM)
CEMEX (CX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wheaton Precious Metals (WPM) reports a yield of 0.57%, ranking against industry peers normally.
CX
Materials industry group
0.00%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- CX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
0.57%
- Max
- 4.52%
- Q3
- 1.85%
- WPM
- 0.57%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Wheaton Precious Metals (WPM) at 16.29% pays out a band-typical share of earnings, while CEMEX (CX) at 67.86% distributes more than its industry norm — less retained, thinner cover.
CX
Materials industry group
67.86%
- Max
- 83.62%
- CX
- 67.86%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
WPM
Materials industry group
16.29%
- Max
- 83.62%
- Q3
- 41.37%
- WPM
- 16.29%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CX | WPM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.57% |
| Dividend Payout Ratio (TTM) | 67.86% | 16.29% |
Valuation
P/E Ratio (TTM)
Wheaton Precious Metals (WPM) at 29.63 is near its industry’s usual P/E ratio, while CEMEX (CX) at 67.00 sits above its peer range — an unusually expensive price for CX’s trailing earnings.
CX
Materials industry group
67.00
- CX
- 67.00
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
WPM
Materials industry group
29.63
- Max
- 59.00
- Q3
- 32.93
- WPM
- 29.63
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
CEMEX (CX) at 0.89 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.
CX
Materials industry group
0.89
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- CX
- 0.89
- Q1
- 0.73
- Min
- 0.00
WPM
Materials industry group
17.86
- WPM
- 17.86
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
CEMEX (CX) at 1.20 looks cheap against book in the lower P/B ratio quartile, while Wheaton Precious Metals (WPM) at 6.17 carries a premium in the upper quartile — a clear price-to-book gap.
CX
Materials industry group
1.20
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- CX
- 1.20
- Min
- -0.17
WPM
Materials industry group
6.17
- Max
- 6.59
- WPM
- 6.17
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | CX | WPM |
|---|---|---|
| P/E Ratio (TTM) | 67.00 | 29.63 |
| P/S Ratio (TTM) | 0.89 | 17.86 |
| P/B Ratio (MRQ) | 1.20 | 6.17 |
| Free Cash Flow Yield (TTM) | 8.86% | -5.11% |