공시 • May 02
Grupo Simec, S.A.B. de C.V. announced delayed 20-F filing On 05/01/2026, Grupo Simec, S.A.B. de C.V. announced that they will be unable to file their next 20-F by the deadline required by the SEC. 공시 • Mar 26
Grupo Simec, S.A.B. de C.V., Annual General Meeting, Apr 27, 2026 Grupo Simec, S.A.B. de C.V., Annual General Meeting, Apr 27, 2026. Location: calzada lazaro cardenas, no 601 la nogalera neighborhood, guadalajara jalisco zip code 44470, guadalajara Mexico 공시 • May 02
Grupo Simec, S.A.B. de C.V. announced delayed 20-F filing On 05/01/2025, Grupo Simec, S.A.B. de C.V. announced that they will be unable to file their next 20-F by the deadline required by the SEC. 공시 • Mar 26
Grupo Simec, S.A.B. de C.V., Annual General Meeting, Apr 24, 2025 Grupo Simec, S.A.B. de C.V., Annual General Meeting, Apr 24, 2025. Location: calzada lazaro cardenas, no 601 la nogalera neighborhood, guadalajara jalisco zip code 44470, guadalajara Mexico Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: Mex$20.49 (vs Mex$10.86 in 3Q 2023) Third quarter 2024 results: EPS: Mex$20.49 (up from Mex$10.86 in 3Q 2023). Revenue: Mex$8.55b (down 9.6% from 3Q 2023). Net income: Mex$3.15b (up 75% from 3Q 2023). Profit margin: 37% (up from 19% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Alfonso Barragan Galindo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Jul 08
Grupo Simec, S.A.B. De C.V. Announces Appointment of Sergio Vigil González Chief Executive Officer Grupo Simec, S.A.B. de C.V. announced the appointment of Mr. Sergio Vigil González Chief Executive Officer. 공시 • May 03
Grupo Simec, S.A.B. de C.V. announced delayed 20-F filing On 05/01/2024, Grupo Simec, S.A.B. de C.V. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: Mex$8.79 (vs Mex$6.21 in 1Q 2023) First quarter 2024 results: EPS: Mex$8.79 (up from Mex$6.21 in 1Q 2023). Revenue: Mex$7.89b (down 39% from 1Q 2023). Net income: Mex$1.46b (up 41% from 1Q 2023). Profit margin: 19% (up from 8.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: Mex$31.26 (vs Mex$51.02 in FY 2022) Full year 2023 results: EPS: Mex$31.26 (down from Mex$51.02 in FY 2022). Revenue: Mex$41.2b (down 24% from FY 2022). Net income: Mex$5.19b (down 34% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: Mex$10.86 (vs Mex$11.70 in 3Q 2022) Third quarter 2023 results: EPS: Mex$10.86 (down from Mex$11.70 in 3Q 2022). Revenue: Mex$9.45b (down 30% from 3Q 2022). Net income: Mex$1.80b (down 7.1% from 3Q 2022). Profit margin: 19% (up from 14% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (8.1% net profit margin). Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €33.80, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 11x in the Metals and Mining industry in Germany. Total returns to shareholders of 556% over the past three years. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.1% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (8.1% net profit margin). Reported Earnings • Jul 21
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Mex$10.1b (down 35% from 2Q 2022). Net income: Mex$987.0m (down 73% from 2Q 2022). Profit margin: 9.8% (down from 23% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €32.60, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 409% over the past three years. Reported Earnings • Apr 29
First quarter 2023 earnings released First quarter 2023 results: Revenue: Mex$12.8b (down 15% from 1Q 2022). Net income: Mex$1.03b (down 59% from 1Q 2022). Profit margin: 8.1% (down from 17% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 5.6% p.a. on average during the next 2 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year whereas the company’s share price has increased by 71% per year. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €33.40, the stock trades at a trailing P/E ratio of 11.4x. Average forward P/E is 8x in the Metals and Mining industry in Germany. Total returns to shareholders of 481% over the past three years. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: Mex$52.08 (vs Mex$61.22 in FY 2021) Full year 2022 results: EPS: Mex$52.08 (down from Mex$61.22 in FY 2021). Revenue: Mex$55.1b (flat on FY 2021). Net income: Mex$8.64b (down 8.5% from FY 2021). Profit margin: 16% (down from 17% in FY 2021). Revenue is expected to fall by 3.9% p.a. on average during the next 2 years compared to a 1.9% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Alfonso Barragan Galindo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: Mex$12.59 (vs Mex$19.98 in 3Q 2021) Third quarter 2022 results: EPS: Mex$12.59 (down from Mex$19.98 in 3Q 2021). Revenue: Mex$13.4b (down 4.9% from 3Q 2021). Net income: Mex$1.94b (down 41% from 3Q 2021). Profit margin: 14% (down from 24% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is expected to fall by 5.4% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Board Change • Jul 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Alfonso Barragan Galindo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 01
First quarter 2022 earnings released: EPS: Mex$16.17 (vs Mex$15.93 in 1Q 2021) First quarter 2022 results: EPS: Mex$16.17. Revenue: Mex$15.0b (up 13% from 1Q 2021). Net income: Mex$2.49b (down 5.7% from 1Q 2021). Profit margin: 17% (down from 20% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.7%, compared to a 32% growth forecast for the industry in Germany. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Alfonso Barragán Galindo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 21% share price gain to €32.00, the stock trades at a trailing P/E ratio of 10.2x. Average forward P/E is 6x in the Metals and Mining industry in Germany. Total returns to shareholders of 333% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.64 per share. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 16% share price gain to €25.80, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 7x in the Metals and Mining industry in Germany. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.44 per share. Reported Earnings • Feb 20
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: Mex$61.65 (up from Mex$19.14 in FY 2020). Revenue: Mex$55.6b (up 55% from FY 2020). Net income: Mex$10.2b (up 246% from FY 2020). Profit margin: 18% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 3.3%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Alfonso Barragán Galindo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS Mex$19.98 (vs Mex$6.06 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Mex$14.1b (up 46% from 3Q 2020). Net income: Mex$3.31b (up 230% from 3Q 2020). Profit margin: 24% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 22% share price gain to €22.80, the stock trades at a trailing P/E ratio of 15.3x. Average forward P/E is 8x in the Metals and Mining industry in Germany. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.72 per share. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS Mex$25.17 (vs Mex$10.55 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: Mex$36.0b (up 5.2% from FY 2019). Net income: Mex$4.18b (up Mex$5.82b from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 14%. Over the next year, revenue is expected to shrink by 6.4% compared to a 15% growth forecast for the Metals and Mining industry in Germany. Is New 90 Day High Low • Jan 15
New 90-day high: €10.70 The company is up 70% from its price of €6.30 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 52% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.60 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €8.45 The company is up 59% from its price of €5.30 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.17 per share. Is New 90 Day High Low • Nov 10
New 90-day high: €7.95 The company is up 53% from its price of €5.20 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.16 per share. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 13% at Mex$10.2b. Revenue is forecast to stay flat over the next year, compared to a 8.2% growth forecast for the Metals and Mining industry in Germany. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of Mex$206.9m, down 90% from the prior year. Total revenue was Mex$33.1b over the last 12 months, down 7.3% from the prior year. Is New 90 Day High Low • Oct 24
New 90-day high: €6.80 The company is up 24% from its price of €5.50 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.10 per share. Is New 90 Day High Low • Oct 01
New 90-day high: €5.70 The company is up 7.0% from its price of €5.35 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.64 per share.