Correlation
The correlation between CX and TIGO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
CX vs. TIGO
Compare and contrast key facts about CEMEX, S.A.B. de C.V. (CX) and Millicom International Cellular S.A. (TIGO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CX or TIGO.
Performance
CX vs. TIGO - Performance Comparison
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Key characteristics
CX:
-0.12
TIGO:
2.30
CX:
0.07
TIGO:
3.10
CX:
1.01
TIGO:
1.38
CX:
-0.08
TIGO:
0.64
CX:
-0.30
TIGO:
10.63
CX:
20.66%
TIGO:
6.01%
CX:
41.48%
TIGO:
28.65%
CX:
-93.79%
TIGO:
-100.00%
CX:
-72.82%
TIGO:
-99.99%
Fundamentals
CX:
$10.45B
TIGO:
$6.08B
CX:
$0.52
TIGO:
$2.11
CX:
13.58
TIGO:
17.26
CX:
0.11
TIGO:
0.54
CX:
0.66
TIGO:
1.07
CX:
0.78
TIGO:
1.80
CX:
$16.04B
TIGO:
$5.69B
CX:
$5.19B
TIGO:
$4.03B
CX:
$1.85B
TIGO:
$2.38B
Returns By Period
In the year-to-date period, CX achieves a 25.25% return, which is significantly lower than TIGO's 57.81% return. Over the past 10 years, CX has outperformed TIGO with an annualized return of -1.47%, while TIGO has yielded a comparatively lower -5.19% annualized return.
CX
25.25%
15.60%
30.56%
-4.97%
16.02%
24.35%
-1.47%
TIGO
57.81%
8.41%
54.23%
65.07%
30.92%
10.18%
-5.19%
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Risk-Adjusted Performance
CX vs. TIGO — Risk-Adjusted Performance Rank
CX
TIGO
CX vs. TIGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CEMEX, S.A.B. de C.V. (CX) and Millicom International Cellular S.A. (TIGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CX vs. TIGO - Dividend Comparison
CX's dividend yield for the trailing twelve months is around 1.19%, less than TIGO's 4.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CX CEMEX, S.A.B. de C.V. | 1.19% | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% | 2.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TIGO Millicom International Cellular S.A. | 4.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.47% | 3.26% | 3.07% | 4.89% | 3.59% | 2.77% |
Drawdowns
CX vs. TIGO - Drawdown Comparison
The maximum CX drawdown since its inception was -93.79%, smaller than the maximum TIGO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for CX and TIGO.
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Volatility
CX vs. TIGO - Volatility Comparison
CEMEX, S.A.B. de C.V. (CX) has a higher volatility of 6.67% compared to Millicom International Cellular S.A. (TIGO) at 5.45%. This indicates that CX's price experiences larger fluctuations and is considered to be riskier than TIGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CX vs. TIGO - Financials Comparison
This section allows you to compare key financial metrics between CEMEX, S.A.B. de C.V. and Millicom International Cellular S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CX vs. TIGO - Profitability Comparison
CX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, CEMEX, S.A.B. de C.V. reported a gross profit of 1.13B and revenue of 3.65B. Therefore, the gross margin over that period was 31.1%.
TIGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Millicom International Cellular S.A. reported a gross profit of 1.06B and revenue of 1.37B. Therefore, the gross margin over that period was 77.0%.
CX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, CEMEX, S.A.B. de C.V. reported an operating income of 246.60M and revenue of 3.65B, resulting in an operating margin of 6.8%.
TIGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Millicom International Cellular S.A. reported an operating income of 423.00M and revenue of 1.37B, resulting in an operating margin of 30.8%.
CX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, CEMEX, S.A.B. de C.V. reported a net income of 733.96M and revenue of 3.65B, resulting in a net margin of 20.1%.
TIGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Millicom International Cellular S.A. reported a net income of 193.00M and revenue of 1.37B, resulting in a net margin of 14.1%.