The Monarch Cement Company (MCEM) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of The Monarch Cement Company stock $186, price $273, that is 31.9% below the price, quality 60 out of 100. Rating: overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $35.34 – $299.75 · fair‑value band $126.75 – $258.73 · the $273.00 price screens above the $186.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also sells masonry cement, ready-mixed concrete, material hauling, and concrete products; and sundry building materials.
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It serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The Monarch Cement Company was founded in 1908 and is based in Humboldt, Kansas.
Stock analysis
The Monarch Cement Company (MCEM) currently trades at $273.00, while our model-based Fair Value estimate is $186.04, 32% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $241.00 per share, and 1 of the 25 models we run sit above the $273.00 price.
Bear case: the Asset-Based group reads lowest at $30.60, and 24 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $126.75 (bear) to $258.73 (bull), the price of $273.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
The Monarch Cement Company reported revenue of $248M in FY2025 versus $212M in FY2021, a compound +4.0%/yr. Reported net income was $64.6M in FY2025, compounding +2.0%/yr from FY2021.
Key figures
Market cap $1.0B Small · P/E ratio 13.1 · P/S ratio 3.90 · EPS (TTM) $20.17 · Dividend yield 1.2% · Net margin 29.0% · Return on equity 17.5% · Return on assets (EBIT) 15.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at −32%, MCEM screens richer than that median.
Fair Value models
Bear$126.75Fair Value $186.04Bull$258.73
Price $273.00 · Downside -31.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($14.37 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−7.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
Start year 2020 (pandemic). Over 10 years: +5.3% a year
Revenue growth 30 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+15.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.5%
Dividend (yield on the price)1.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14.5% vs 13.8%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 27%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+14.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +12.2% a year for the price.
Compare The Monarch Cement Company with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Building Materials · 257 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside−31.9% · Below median
Profitability
Return on equity (12 months)17.5% · Top 25%
Return on assets13.1% · Top 25%
Net margin (12 months)29.0% · Top 25%
Operating margin (12 months)28.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)2.8% · Above median
Dividend yield (12 months)1.2% · Below median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Building Materials median · lower = cheaper
P/E (12 months)13.1× · Cheaper than median
P/B2.36× · Priciest 25%
P/S (12 months)3.90× · Priciest 25%
Price / free cash flow (fiscal year)28.2× · Pricier than median
EV/EBITDA10.3× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 30
FUTURE (revenue growth)14· sector 13
PAST (return on equity)70· sector 17
HEALTH (low debt)100· sector 92
DIVIDEND (yield)25· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "The Monarch Cement Company Fair Value". https://www.fairvalue-calculator.com/stock/MCEM
Frequently asked questions
Is The Monarch Cement Company (MCEM) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $186.04 versus a price of $273.00, about 32% lower (overvalued).
What is the fair value of MCEM?
Our model-based fair value for The Monarch Cement Company is $186.04 (as of Nov 5, 2026), built from audited fundamentals. The current price: $273.00.
What is the quality score of MCEM?
The Monarch Cement Company has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Monarch Cement Company (MCEM)?
Our model-based price target is the fair value of $186.04 (as of Nov 5, 2026) from 25 valuation models. Cautious scenario $126.75, optimistic scenario $258.73. It is a calculation from audited fundamentals, not an analyst target.
What is the The Monarch Cement Company stock forecast for 2026?
Our models put fair value at $186.04, about 32% lower versus a price of $273.00 (overvalued). Cautious scenario $126.75, optimistic scenario $258.73. The calculation is refreshed regularly with new filings.
What is the revenue of The Monarch Cement Company (MCEM)?
The Monarch Cement Company reported trailing-twelve-month revenue of about $261M (latest available figure, as of Nov 5, 2026).
Does The Monarch Cement Company pay a dividend?
The Monarch Cement Company currently shows a dividend yield of 1.25% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of The Monarch Cement Company (MCEM) and when is the ex-dividend date?
The Monarch Cement Company pays a dividend of $3.41 per share a year, a dividend yield of 1.2%. The last ex-dividend date was Aug 31, 2026. A dividend has been paid every year since at least 1994. The payout ratio is 16.9% of earnings. Free cash flow covers the dividend 4.06 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into The Monarch Cement Company (MCEM)?
For today's price to be fair in a discounted-cash-flow model, The Monarch Cement Company would have to grow free cash flow by +14.9 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.6 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of MCEM use?
Our models discount The Monarch Cement Company at 9.8 %: a base by market capitalisation (small), damped by beta 0.40, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For The Monarch Cement Company that is +14.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has The Monarch Cement Company (MCEM) delivered so far?
Over the past 5 years revenue at The Monarch Cement Company grew +5.6 % a year. The price currently implies free-cash-flow growth of +14.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of The Monarch Cement Company (MCEM) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into The Monarch Cement Company (+14.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of The Monarch Cement Company (MCEM)?
The free-cash-flow yield on the price is 3.55 %: that much free cash flow The Monarch Cement Company produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of The Monarch Cement Company (MCEM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Monarch Cement Company it is $186.04 per share (as of Nov 5, 2026), against a price of $273.00. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is The Monarch Cement Company stock overvalued or undervalued in 2026?
As of Nov 5, 2026, MCEM trades above its calculated fair value: price $273.00, fair value $186.04, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MCEM?
No. The price is what the market pays today ($273.00); the fair value is what the company's own numbers justify ($186.04). For The Monarch Cement Company the two are $86.96 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Monarch Cement Company worth?
The market values The Monarch Cement Company at about $1.0B (market capitalisation, as of Nov 5, 2026). Per share that is $273.00; our models calculate a fair value of $186.04 per share.
What do the bullish and bearish scenarios say about MCEM?
Our models span a range for The Monarch Cement Company: cautious scenario $126.75, base $186.04, optimistic $258.73 per share (as of Nov 5, 2026, price $273.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MCEM?
The Monarch Cement Company trades at a price-to-earnings ratio of 13.1 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $186.04 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 9.3. Other multiples: P/B 2.4, P/S 3.9, EV/EBITDA 10.3.
How solid is the balance sheet of The Monarch Cement Company (MCEM)?
Balance-sheet figures for The Monarch Cement Company (as of Nov 5, 2026): return on equity 17.5%, debt of 0.00 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is MCEM from its 52-week high?
The Monarch Cement Company trades at $273.00, about 9% below its 52-week high of $299.75 and 32% above the low of $207.38 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $186.04 is for.
Which stocks are comparable to The Monarch Cement Company?
From the same area (Basic Materials) we also value CRH plc, Holcim AG, Martin Marietta Materials, Inc, Vulcan Materials Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is The Monarch Cement Company stock attractive at the current price?
The data as of Nov 5, 2026: price $273.00, calculated fair value $186.04 (−32%), Quality Score 60/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MCEM calculated?
We run The Monarch Cement Company through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $186.04 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. The Monarch Cement Company itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of The Monarch Cement Company (MCEM)?
The closing price on Nov 6, 2026 was $273.00. Our model-based fair value is $186.04, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Monarch Cement Company right now?
The price sits above even our optimistic bull case ($258.73). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($126.75 to $258.73) leaves room in how you read the outcome.
Where does the earnings growth of The Monarch Cement Company (MCEM) come from?
Earnings per share at The Monarch Cement Company grew +17.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.6 %, EBIT margin +8.4 %, tax rate +1.3 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of The Monarch Cement Company
How large is the market capitalisation of The Monarch Cement Company (MCEM)?
The market capitalisation of The Monarch Cement Company is $1.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of The Monarch Cement Company (MCEM)?
The price-to-sales ratio of The Monarch Cement Company is 3.90 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Monarch Cement Company (MCEM)?
Earnings per share at The Monarch Cement Company are $20.17 (price ÷ EPS = P/E 13.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of The Monarch Cement Company (MCEM)?
The dividend yield of The Monarch Cement Company is 1.2% (payout 16.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of The Monarch Cement Company (MCEM)?
The net margin of The Monarch Cement Company is 29.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of The Monarch Cement Company (MCEM)?
The return on equity (ROE) of The Monarch Cement Company is 17.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of The Monarch Cement Company (MCEM)?
On an EBIT basis the return on assets of The Monarch Cement Company is 15.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of The Monarch Cement Company (MCEM)?
The operating margin of The Monarch Cement Company is 28.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Monarch Cement Company (MCEM)?
Revenue at The Monarch Cement Company is growing +2.8% versus a year earlier (3y avg +2.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at The Monarch Cement Company (MCEM)?
Earnings per share at The Monarch Cement Company are growing +13.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does The Monarch Cement Company (MCEM) hold?
The Monarch Cement Company holds more cash than debt, $39.7M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 5, 2026