SIM Stock Overview
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, and internationally.
Grupo Simec. de Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$29.51|
|52 Week High||US$36.27|
|52 Week Low||US$18.88|
|1 Month Change||-5.75%|
|3 Month Change||9.46%|
|1 Year Change||37.19%|
|3 Year Change||227.89%|
|5 Year Change||190.03%|
|Change since IPO||112.68%|
Recent News & Updates
|SIM||US Metals and Mining||US Market|
Return vs Industry: SIM exceeded the US Metals and Mining industry which returned -9.4% over the past year.
Return vs Market: SIM exceeded the US Market which returned -10.4% over the past year.
|SIM Average Weekly Movement||7.1%|
|Metals and Mining Industry Average Movement||10.1%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SIM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SIM's weekly volatility (7%) has been stable over the past year.
About the Company
|1969||5,369||Rufino Vigil González||https://www.gsimec.com.mx|
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications.
Grupo Simec. de Fundamentals Summary
|SIM fundamental statistics|
Is SIM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIM income statement (TTM)|
|Cost of Revenue||Mex$41.10b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||60.29|
|Net Profit Margin||16.22%|
How did SIM perform over the long term?See historical performance and comparison
Is Grupo Simec. de undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIM ($29.51) is trading above our estimate of fair value ($26.53)
Significantly Below Fair Value: SIM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIM is poor value based on its PE Ratio (9.8x) compared to the US Metals and Mining industry average (8.1x).
PE vs Market: SIM is good value based on its PE Ratio (9.8x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: SIM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SIM is overvalued based on its PB Ratio (2.1x) compared to the US Metals and Mining industry average (1.9x).
How is Grupo Simec. de forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIM's earnings are forecast to decline over the next 3 years (-4.6% per year).
Earnings vs Market: SIM's earnings are forecast to decline over the next 3 years (-4.6% per year).
High Growth Earnings: SIM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SIM's revenue is expected to decline over the next 3 years (-1.4% per year).
High Growth Revenue: SIM's revenue is forecast to decline over the next 3 years (-1.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIM's Return on Equity is forecast to be low in 3 years time (14.3%).
How has Grupo Simec. de performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIM has high quality earnings.
Growing Profit Margin: SIM's current net profit margins (16.2%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: SIM's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: SIM's earnings growth over the past year (152%) exceeds its 5-year average (33.4% per year).
Earnings vs Industry: SIM earnings growth over the past year (152%) exceeded the Metals and Mining industry 98.2%.
Return on Equity
High ROE: SIM's Return on Equity (20.9%) is considered high.
How is Grupo Simec. de's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SIM's short term assets (MX$40.3B) exceed its short term liabilities (MX$11.5B).
Long Term Liabilities: SIM's short term assets (MX$40.3B) exceed its long term liabilities (MX$4.4B).
Debt to Equity History and Analysis
Debt Level: SIM has more cash than its total debt.
Reducing Debt: SIM's debt to equity ratio has reduced from 2.8% to 0.01% over the past 5 years.
Debt Coverage: SIM's debt is well covered by operating cash flow (144738.5%).
Interest Coverage: SIM earns more interest than it pays, so coverage of interest payments is not a concern.
What is Grupo Simec. de current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SIM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SIM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SIM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SIM has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rufino Vigil González (73 yo)
Engineer Rufino Vigil González has been the Chairman at Group Simec S.A. de C.V. since 2001 and also serves as its Director since April 2, 2001. He serves as Chief Executive Officer of Grupo Simec, S.A.B....
Experienced Board: SIM's board of directors are seasoned and experienced ( 19.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Grupo Simec, S.A.B. de C.V.'s employee growth, exchange listings and data sources
- Name: Grupo Simec, S.A.B. de C.V.
- Ticker: SIM
- Exchange: NYSEAM
- Founded: 1969
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$4.548b
- Shares outstanding: 154.17m
- Website: https://www.gsimec.com.mx
Number of Employees
- Grupo Simec, S.A.B. de C.V.
- Calzada LAzaro CArdenas 601
- Colonia La Nogalera
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.