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Grupo Simec SAB de CV Class B SIMECB

Morningstar Rating
MXN 182.00 +0.30 (0.17%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SIMECB is trading at a 13% discount.
Price
MXN 181.35
Fair Value
MXN 158.58
Uncertainty
High
1-Star Price
MXN 656.46
5-Star Price
MXN 149.62
Economic Moat
Qngpdq
Capital Allocation
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News

Trading Information

Previous Close Price
MXN 181.70
Day Range
MXN 182.00182.00
52-Week Range
MXN 172.51217.00
Bid/Ask
MXN 180.90 / MXN 181.00
Market Cap
MXN 84.03 Bil
Volume/Avg
503 / 1,868

Key Statistics

Price/Earnings (Normalized)
26.00
Price/Sales
2.20
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
0.11%

Company Profile

Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Mid Core
Total Number of Employees
4,208

Comparables

Valuation

Metric
SIMECB
ICHB
GPROFUT
Price/Earnings (Normalized)
26.0018.8611.00
Price/Book Value
1.681.67
Price/Sales
2.201.581.31
Price/Cash Flow
13.329.018.37
Price/Earnings
SIMECB
ICHB
GPROFUT

Financial Strength

Metric
SIMECB
ICHB
GPROFUT
Quick Ratio
2.413.2412.85
Current Ratio
3.364.5512.85
Interest Coverage
48.4154.9810.34
Quick Ratio
SIMECB
ICHB
GPROFUT

Profitability

Metric
SIMECB
ICHB
GPROFUT
Return on Assets (Normalized)
5.39%5.36%2.22%
Return on Equity (Normalized)
7.47%8.54%23.25%
Return on Invested Capital (Normalized)
6.49%6.14%19.08%
Return on Assets
SIMECB
ICHB
GPROFUT
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RS
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