Cox Energy América, S.A.B. de C.V.

Cox Energy América, S.A.B. de C.V.

COX.MC
Cox Energy América, S.A.B. de C.V.ES flagMadrid Stock Exchange
1.56
USD
+0.04
- -
267.72MMarket Cap
Cox Energy América, S.A.B. de C.V.
COX.MC
(Madrid Stock Exchange)

Recent

price

1.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
TTM
FRC
0.07
0.14
2.59
7
26.13
Revenue per Share
-0.59
-2.59
-1.18
-1.58
-0.08
Basic EPS, GAAP
-0.95
-0.73
-0.79
0.33
4.49
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
4.2
2.11
0.35
-0.48
2.31
Book Value per Share
3.39
3.05
1.4
-3.35
-3.18
Tangible Book Value per Share
165
165
165
172
175
Basic Weighted Avg Shares
12
24
427
1,200
4,561
Sales/Revenue/Turnover
-804.86
-686.73
-26.8
10.98
16.74
Operating Margin (%)
1
3
5
22
608
Depreciation Expense
-98
-427
-194
-271
-14
Net Income, GAAP
- -
- -
- -
- -
36.25
Effective Tax Rate (%)
-812
-1,807.96
-45.39
-22.55
-0.31
Profit Margin (%)
263
161
-21
-1,138
-1,517
Working Capital
- -
6
6
924
1,299
LT Debt
1,747
1,413
1,170
2,552
3,296
Total Equity
- -
- -
- -
- -
18.58
Return on Invested Capital (%)
- -
- -
- -
- -
-13.52
Return on Capital (%)
- -
-82.02
-95.59
- -
-6.9
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
509
436
562
LT Borrowings
296
250
886
LT Finance Leases
447
399
413
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
172
172
172
Market Capitalization
5,268
5,106
5,468

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
2,288
2,434
3,146
Cash, Cash Equivalents & STI
370
395
395
Accounts Receivable, Net
206
372
394
Inventories
297
292
541
Total Current Liabilities
3,697
3,852
4,662
Payables & Accruals
- -
- -
- -
ST Debt
509
436
562
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
118.02%
Free Cash Flow
- -
- -
-144.18%
Net Income, GAAP
- -
- -
39.62%
Sales/Revenue/Turnover
- -
- -
181.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
80
132
80
135
427
2023
132
147
157
764
1,200
2024
789
1,342
1,666
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.02
-0.59
-0.2
- -
-1.18
2023
-0.1
-0.15
-0.18
- -
-1.58
2024
-0.31
0.45
0.9
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
Cox Energy América Cox Energy América, S.A.B. de C.V. (COX.MX) operates as a renewable energy company focused on the development, promotion, construction, and operation of photovoltaic solar plants and related assets across Latin America and Europe. The company offers a comprehensive suite of services spanning the full value chain, including greenfield development of small- and medium-sized photovoltaic projects ranging from 3 MWp to 300 MWp under a develop-and-own model; asset rotation through the sale of ready-to-build, under-construction, or operational medium- and large-scale projects; distributed generation and self-consumption solutions; energy supply and commercialization; project financing; asset management; operation and maintenance; and engineering, procurement, and construction activities. It maintains a robust portfolio exceeding 3 GW in various stages of development, construction, and operation, with key assets such as photovoltaic solar farms, solar thermal plants totaling 25 MW, a 70 MW cogeneration facility with sugar cane bioethanol production in Brazil via Abengoa Bioenergía Brasil, and small means of distributed generation projects like the 42 MW portfolio in Chile including the operational San Javier I farm; the company serves qualified industrial users, residential self-consumption customers, and wholesale markets while generating and marketing 100% renewable energy. Cox Energy América conducts operations in twelve countries across four continents, including primary markets in Mexico, Chile, Colombia, Guatemala, Panama, other parts of Central America and the Caribbean, Brazil, Spain, Portugal, Algeria, and recently expanded presence in the Middle East and Africa, with a target emphasis on Mexico as a strategic hub. Founded on March 4, 2015, and headquartered at Montes Urales 415 in Mexico City, Mexico, the company functions as the energy division of Cox ABG Group, S.A., with approximately 2,088 employees and a dual listing on the Bolsa Mexicana de Valores (BMV/BIVA: COXA) and Bolsa de Madrid Growth (BME: COX). In recent developments, Cox Energy América completed the acquisition of CA Infraestructuras Energía 2023, S.L.U. in 2024, integrating Abengoa's energy production assets including solar thermal and bioenergy operations to bolster its portfolio and EBITDA; pursued further consolidation and capital increases, including a second partial execution in November 2025; formed a strategic alliance with Nexwell, which acquired an 8% stake in June 2024 to support scaled investments in energy generation; and announced expansive growth tied to parent company initiatives such as the July 2025 acquisition of Iberdrola Mexico for $4.2 billion encompassing 2.6 GW of operational capacity and a 12 GW pipeline, a April 2025 purchase of a 24 MW solar plant in Panama with a 10-year PPA, and plans for over 4.5 GW of new renewable capacity mostly in Mexico alongside $10.7 billion in total Mexican investments through 2030, including wind and solar farms in Nuevo León.