CEMATRIX Past Earnings Performance
Past criteria checks 3/6
CEMATRIX has been growing earnings at an average annual rate of 62.3%, while the Basic Materials industry saw earnings growing at 12.8% annually. Revenues have been growing at an average rate of 14.6% per year. CEMATRIX's return on equity is 9.5%, and it has net margins of 8.3%.
Key information
62.32%
Earnings growth rate
68.72%
EPS growth rate
| Basic Materials Industry Growth | 20.31% |
| Revenue growth rate | 14.55% |
| Return on equity | 9.52% |
| Net Margin | 8.32% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • May 11
CEMX: Share Buybacks Will Support Upside As New Contracts Are Delivered
Analysts have kept their CEMATRIX fair value estimate steady at CA$0.75, with slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E guiding this unchanged price target. What's in the News The Board of Directors authorized a new share buyback plan on April 14, 2026, signaling intent to repurchase shares over time (Key Developments).Narrative Update • Apr 24
CEMX: Share Buybacks Will Support Upside As New Contracts Are Delivered
Analysts have maintained their fair value estimate for CEMATRIX at CA$0.75, making only minor adjustments to assumptions for the discount rate, revenue growth, profit margin, and future P/E ratio that support this unchanged price target. What's in the News The Board of Directors authorized a share buyback plan for CEMATRIX Corporation on April 14, 2026, signalling intent to repurchase shares under a formal program (Key Developments).Narrative Update • Apr 10
CEMX: Multi Year Contract Awards And Share Buybacks Will Drive Future Upside
Analysts have kept their fair value estimate for CEMATRIX steady at CA$0.75 per share, with only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions behind their updated price target work. What's in the News CEMATRIX announced $7.1 million in new contract awards, mainly for load reducing fill work on highway, retaining wall, and utilities projects, with most related work expected to be completed in 2026 (Key Developments).Narrative Update • Mar 27
CEMX: Multi Year Contract Wins And Buybacks Will Support Future Upside
Analysts have lifted their price target for CEMATRIX to CA$0.75 from CA$0.65, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that together point to a higher assessed fair value. What's in the News CEMATRIX announced $4.7 million in new contract awards across Canada and the US, covering grouting for a city infrastructure project, a load reducing fill application for an abandonment project, and several small to mid sized lightweight fill projects, with all related work expected to be completed in 2026 (company announcement).Narrative Update • Mar 11
CEMX: Multi Year Contract Awards Will Support Future Upside
Analysts have kept their CEMATRIX fair value estimate steady at CA$0.65. They have fine tuned inputs around the discount rate, revenue growth expectations, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings potential, without a material shift in their overall price target stance.Narrative Update • Feb 25
CEMX: Long Dated Contract Pipeline Will Support Future Upside
Analysts maintained their fair value estimate for CEMATRIX at CA$0.65 while making only minor adjustments to their model inputs, including the discount rate, revenue growth, profit margin and future P/E assumptions. These changes suggest that the latest data serves to fine-tune rather than fundamentally alter their core outlook.Narrative Update • Feb 10
CEMX: New Long Dated Contract Awards Will Support Future Upside
Analysts have kept their fair value estimate for CEMATRIX steady at $0.65, with only minor tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E, resulting in an unchanged overall price target. What's in the News CEMATRIX announced $7.1 million in new contract awards in the form of contracts and contracts in process, with most related work expected to be completed in 2026 (Client Announcements).Narrative Update • Jan 26
CEMX: New Contract Awards And Steady Outlook Will Support Future Upside
Analysts have kept their fair value estimate for CEMATRIX steady at $0.65. They cite slightly more conservative assumptions for revenue growth and profit margins, along with a higher future P/E expectation, which together temper the upside they see in the shares.Narrative Update • Jan 11
CEMX: New Contract Wins Will Support Future Earnings Upside
Analysts have kept their price target for CEMATRIX steady, with a fair value estimate of $0.65 unchanged, as only minor tweaks to inputs like the discount rate, revenue growth, profit margin, and forward P/E assumptions were made. What's in the News CEMATRIX announced $6.9 million in new contract awards, including an increase in scope for a load reducing fill application on a highway improvement project, plus multiple lightweight fill projects in Canada and the US (Client Announcements).Narrative Update • Dec 24
CEMX: New Contract Awards Will Drive Future Earnings And Share Price Upside
Analysts have modestly reaffirmed their view on CEMATRIX, maintaining the price target at approximately $0.65 per share. Minor tweaks to discount rate, revenue growth, profit margin, and future valuation assumptions did not materially alter their long term outlook.Narrative Update • Dec 10
CEMX: Upcoming Contract Awards Will Drive Stronger Profitability And Share Price Momentum
Analysts have marginally reaffirmed their outlook on CEMATRIX, maintaining the target price at approximately $0.65 per share as they continue to factor in expectations of robust forecast revenue growth and steady profit margins. What's in the News CEMATRIX completed its previously announced share buyback program, repurchasing a total of 703,589 shares, representing approximately 0.47% of shares outstanding for CAD 210 million under the April 15, 2025 authorization (Key Developments).Narrative Update • Nov 26
CEMX: Upcoming Contracts Will Drive Stronger Profitability And Share Price Momentum
Narrative Update: CEMATRIX Analyst Price Target Raised Analysts have increased their target price for CEMATRIX from $0.55 to $0.65 per share. They cite adjustments to key valuation metrics and modest improvements in projected profitability as the main factors for this upward revision.Analysis Article • Oct 15
Why Investors Shouldn't Be Surprised By CEMATRIX Corporation's (TSE:CEMX) 29% Share Price Surge
CEMATRIX Corporation ( TSE:CEMX ) shares have had a really impressive month, gaining 29% after a shaky period...New Narrative • Aug 10
North American Infrastructure Investments Will Drive Sustainable Opportunities
Regulatory trends and customer demand for sustainable building materials position CEMATRIX's eco-friendly products for increased market share and improved margins.Analysis Article • Apr 23
Even With A 26% Surge, Cautious Investors Are Not Rewarding CEMATRIX Corporation's (TSE:CEMX) Performance Completely
CEMATRIX Corporation ( TSE:CEMX ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...Analysis Article • Feb 05
CEMATRIX Corporation's (TSE:CEMX) Shares Not Telling The Full Story
When close to half the companies in the Basic Materials industry in Canada have price-to-sales ratios (or "P/S") above...Analysis Article • Nov 16
CEMATRIX (TSE:CEMX) Could Be Struggling To Allocate Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Sep 24
CEMATRIX Corporation (TSE:CEMX) Not Doing Enough For Some Investors As Its Shares Slump 28%
Unfortunately for some shareholders, the CEMATRIX Corporation ( TSE:CEMX ) share price has dived 28% in the last thirty...Analysis Article • Aug 15
Additional Considerations Required While Assessing CEMATRIX's (TSE:CEMX) Strong Earnings
Last week's profit announcement from CEMATRIX Corporation ( TSE:CEMX ) was underwhelming for investors, despite...Analysis Article • Jul 24
Fewer Investors Than Expected Jumping On CEMATRIX Corporation (TSE:CEMX)
CEMATRIX Corporation's ( TSE:CEMX ) price-to-sales (or "P/S") ratio of 1.1x may look like a pretty appealing investment...Analysis Article • Apr 24
A Piece Of The Puzzle Missing From CEMATRIX Corporation's (CVE:CVX) 26% Share Price Climb
The CEMATRIX Corporation ( CVE:CVX ) share price has done very well over the last month, posting an excellent gain of...Analysis Article • Feb 06
CEMATRIX Corporation's (CVE:CVX) Subdued P/S Might Signal An Opportunity
When you see that almost half of the companies in the Basic Materials industry in Canada have price-to-sales ratios (or...Analysis Article • Nov 10
Is CEMATRIX (CVE:CVX) Using Debt In A Risky Way?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jul 01
CEMATRIX Corporation (CVE:CVX) Doing What It Can To Lift Shares
When you see that almost half of the companies in the Basic Materials industry in Canada have price-to-sales ratios (or...Analysis Article • Dec 15
Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Aug 05
Is CEMATRIX (CVE:CVX) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 21
Is CEMATRIX (CVE:CVX) Weighed On By Its Debt Load?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Dec 03
Is CEMATRIX (CVE:CVX) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 21
Calculating The Intrinsic Value Of CEMATRIX Corporation (CVE:CVX)
How far off is CEMATRIX Corporation ( CVE:CVX ) from its intrinsic value? Using the most recent financial data, we'll...Analysis Article • May 26
At CA$0.50, Is CEMATRIX Corporation (CVE:CVX) Worth Looking At Closely?
CEMATRIX Corporation ( CVE:CVX ), might not be a large cap stock, but it saw significant share price movement during...Analysis Article • Mar 10
Here's Why CEMATRIX (CVE:CVX) Can Afford Some Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 25
How Much Is CEMATRIX's (CVE:CVX) CEO Getting Paid?
This article will reflect on the compensation paid to Jeff Kendrick who has served as CEO of CEMATRIX Corporation...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How CEMATRIX makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 46 | 4 | 10 | 0 |
| 31 Dec 25 | 45 | 4 | 11 | 0 |
| 30 Sep 25 | 43 | 3 | 10 | 0 |
| 30 Jun 25 | 38 | 2 | 10 | 0 |
| 31 Mar 25 | 34 | -1 | 10 | 0 |
| 31 Dec 24 | 35 | 0 | 10 | 0 |
| 30 Sep 24 | 45 | 2 | 10 | 0 |
| 30 Jun 24 | 55 | 3 | 10 | 0 |
| 31 Mar 24 | 55 | 3 | 10 | 0 |
| 31 Dec 23 | 53 | 1 | 9 | 0 |
| 30 Sep 23 | 42 | -2 | 8 | 0 |
| 30 Jun 23 | 33 | -4 | 8 | 0 |
| 31 Mar 23 | 31 | -5 | 8 | 0 |
| 31 Dec 22 | 29 | -6 | 8 | 0 |
| 30 Sep 22 | 28 | -6 | 8 | 0 |
| 30 Jun 22 | 23 | -6 | 8 | 0 |
| 31 Mar 22 | 23 | -4 | 7 | 0 |
| 31 Dec 21 | 23 | -2 | 7 | 0 |
| 30 Sep 21 | 20 | -7 | 7 | 0 |
| 30 Jun 21 | 24 | -8 | 7 | 0 |
| 31 Mar 21 | 27 | -8 | 7 | 0 |
| 31 Dec 20 | 27 | -10 | 7 | 0 |
| 30 Sep 20 | 27 | -3 | 6 | 0 |
| 30 Jun 20 | 24 | -2 | 7 | 0 |
| 31 Mar 20 | 23 | -1 | 6 | 0 |
| 31 Dec 19 | 23 | 0 | 6 | 0 |
| 30 Sep 19 | 23 | -1 | 5 | 0 |
| 30 Jun 19 | 23 | 0 | 5 | 0 |
| 31 Mar 19 | 19 | -2 | 4 | 0 |
| 31 Dec 18 | 18 | -1 | 3 | 0 |
| 30 Sep 18 | 12 | -2 | 3 | 0 |
| 30 Jun 18 | 7 | -2 | 2 | 0 |
| 31 Mar 18 | 7 | -1 | 2 | 0 |
| 31 Dec 17 | 8 | -1 | 2 | 0 |
| 30 Sep 17 | 8 | -1 | 2 | 0 |
| 30 Jun 17 | 8 | -1 | 2 | 0 |
| 31 Mar 17 | 9 | -1 | 2 | 0 |
| 31 Dec 16 | 10 | -1 | 2 | 0 |
| 30 Sep 16 | 15 | 0 | 3 | 0 |
| 30 Jun 16 | 16 | 2 | 3 | 0 |
| 31 Mar 16 | 16 | 2 | 3 | 0 |
| 31 Dec 15 | 15 | 2 | 3 | 0 |
| 30 Sep 15 | 13 | 1 | 2 | 0 |
| 30 Jun 15 | 10 | 0 | 2 | 0 |
Quality Earnings: CEMX has high quality earnings.
Growing Profit Margin: CEMX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CEMX has become profitable over the past 5 years, growing earnings by 62.3% per year.
Accelerating Growth: CEMX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CEMX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (9.7%).
Return on Equity
High ROE: CEMX's Return on Equity (9.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 10:36 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CEMATRIX Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Stanley | Beacon Securities Limited |