CEMEX: Improvement Is Evident, But More Is Needed To Expand The Multiple

Core Insights - CEMEX, S.A.B. de C.V. has significantly improved its business operations over time, focusing on enhancing margins and divesting lower-quality businesses [1] Financial Performance - The company has seen improvements in margins over the past decade, indicating a positive trend in operational efficiency [1] Strategic Decisions - CEMEX has made strategic decisions to eliminate lower-quality businesses, which has contributed to its overall business improvement [1] Debt Management - The company's debt situation has been addressed, suggesting a more stable financial position moving forward [1]