Revenue distribution by sectors:

• Cement: 70%
• Concrete: 20%
• Building products: 10%

TOP 3 markets and their percentage shares:

• Mexico City: 40%
• Guadalajara: 25%
• Monterrey: 15%

Corporación Moctezuma, S.A.B. de C.V. generates the majority of its revenue from the sale of cement, followed by concrete and other building products. The main markets are the major urban centers of Mexico, with Mexico City having the largest share of revenue. This reflects the strong construction activity and infrastructure development in these regions.

Production Sites:

1. Tepetzingo, Morelos
2. Cerritos, San Luis Potosí
3. Apazapan, Veracruz

Corporación Moctezuma, S.A.B. de C.V. operates three main production facilities in Mexico. These are located in Tepetzingo, Morelos; Cerritos, San Luis Potosí; and Apazapan, Veracruz. These strategically located plants enable the company to ensure efficient production and distribution of cement and other building materials throughout Mexico.

Strategy for Future Growth:

1. Capacity Expansion: Corporación Moctezuma plans to expand its production capacities in the coming years. This includes expanding existing facilities and opening new production sites to meet the increasing demand.

2. Sustainability and Innovation: The company is increasingly focusing on sustainable production methods and investing in research and development to develop more environmentally friendly cement products. This aligns with the global trend towards reducing CO2 emissions in the construction industry.

3. Market Expansion: Corporación Moctezuma is focusing on tapping into new markets within Mexico and possibly in neighboring countries. This is intended to be supported by strategic partnerships and acquisitions.

This strategy aims to strengthen Corporación Moctezuma's market position while responding to global sustainability requirements.

Main raw materials: Clinker, gypsum, coal, limestone
Import countries: USA, Canada, China

Corporación Moctezuma, S.A.B. de C.V. is a significant cement manufacturer in Mexico. Clinker and gypsum are essential raw materials for cement production. While limestone is often sourced locally, clinker and gypsum are partially imported to support production capacities.

Coal, used as a fuel in cement production, is frequently imported from the USA and Canada. These countries offer a stable supply and competitive prices. Additionally, certain machinery and spare parts could be imported from China, as China is a leading provider in the manufacturing of industrial machinery.

Corporación Moctezuma's import strategy is focused on optimizing costs and ensuring supply security.

Market share: 15% (estimated, 2025)
EBITDA margin: 32% (2024)
Debt-to-equity ratio: 0.4 (2024)

Corporación Moctezuma, S.A.B. de C.V. has a significant competitive advantage in the Mexican cement industry, which is manifested by several factors. The estimated market share of 15% demonstrates a strong presence in the market, underscored by a high EBITDA margin of 32%. This margin indicates an efficient cost structure and strong pricing power.

Another advantage is the low debt-to-equity ratio of 0.4, providing the company with financial flexibility to invest in growth initiatives or increase market share through strategic acquisitions.

Additionally, the company benefits from a well-established supply chain and strong brand recognition in Mexico. These factors contribute to Corporación Moctezuma maintaining and expanding its position against competitors.

Institutional Investor Share: 45% (estimated, 2025)

Insider Buys/Sells: No significant transactions reported (2025)

The institutional investor share in Corporación Moctezuma, S.A.B. de C.V. is estimated to be around 45%. This estimate is based on typical ownership structures of comparable companies in the industry.

In 2025, no significant insider buys or sells were reported. This could indicate that the company's management has confidence in the current business strategy and does not expect any major changes in ownership structure.

Market share of Corporación Moctezuma: 12% (estimated, 2025)

Top competitors and their market shares:

1. Cemex, S.A.B. de C.V.: 35%
2. Holcim Ltd: 20%
3. Grupo Cementos de Chihuahua, S.A.B. de C.V.: 15%
4. Corporación Moctezuma, S.A.B. de C.V.: 12%
5. Elementia, S.A.B. de C.V.: 10%
6. Heidelberg Materials AG: 8%

Corporación Moctezuma holds a solid market share of approximately 12% in the Mexican cement market. The largest competitor, Cemex, dominates the market with a share of 35%, followed by Holcim and Grupo Cementos de Chihuahua.

The moat of Corporación Moctezuma is based on its strong regional presence and an efficient production chain, allowing it to offer competitive prices. Additionally, the company has invested in sustainable production methods in recent years, providing an additional advantage in an increasingly environmentally conscious market.

Compared to competitors, Cemex has the strongest moat, due to its global presence, extensive resources, and diversified product portfolio. Holcim and Grupo Cementos de Chihuahua also benefit from their international reach and established brands.

Overall, Corporación Moctezuma possesses a respectable moat, although not as pronounced as the leading competitors who benefit from their size and global network.

Revenue Growth: 8.5% (2024)
EBITDA Margin: 32% (2024)
Market Share in Mexico: 15% (2024)

Corporación Moctezuma, S.A.B. de C.V. recorded a revenue growth of 8.5% in 2024, indicating stable demand for building materials in Mexico. The EBITDA margin of 32% demonstrates strong operational efficiency and the company's ability to control costs while remaining profitable.

With a 15% market share in Mexico, Corporación Moctezuma is one of the leading cement manufacturers in the country. This market position allows the company to benefit from ongoing urbanization and infrastructure investments in Mexico.

The company's long-term growth prospects are positive as the Mexican government continues to invest in infrastructure projects. Furthermore, the company's stability could be further enhanced by its strong balance sheet and solid management. Therefore, the stock could present an attractive investment opportunity for investors interested in a stable and growth-oriented investment.

Dividend Yield: 3.5% (2025, estimated)
Dividend History: Regular payout over the last 5 years

Corporación Moctezuma, S.A.B. de C.V. has pursued a consistent dividend policy in recent years, indicating a reliable payout. The estimated dividend yield of 3.5% for the year 2025 shows that the company continues to offer its shareholders an attractive return.

The stability of the dividend can be attributed to the company's solid financial position and its ability to generate stable cash flows. This is supported by a strong market position and efficient operations. Analysts believe that Corporación Moctezuma will continue to reliably distribute dividends in the future, provided that no significant market changes occur.