Grupo Simec Sab Stock Today
| SIM Stock | USD 32.83 0.10 0.30% |
Performance4 of 100
| Odds Of DistressLess than 9
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Grupo Simec is selling at 32.83 as of the 8th of May 2024; that is -0.3 percent decrease since the beginning of the trading day. The stock's lowest day price was 30.15. Grupo Simec has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Grupo Simec SAB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Materials | IPO Date 1st of July 1993 | Category Basic Materials |
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. The company has 153.85 M outstanding shares of which 552 shares are at this time shorted by investors with about 5.2 days to cover. More on Grupo Simec SAB
Moving against Grupo Stock
| 0.51 | HUN | Huntsman | PairCorr |
| 0.48 | WLKP | Westlake Chemical | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Grupo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grupo Simec's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grupo Simec or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Luis Limon | ||||
| Thematic Idea | Steel Works Etc (View all Themes) | ||||
| Old Names | [SimiGon Ltd, Siyata Mobile Inc, SIMONA , SIMONA Aktiengesellschaft, Simcorp A/S, Samart I-mobile] | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, WSE WIG INDEX, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Grupo Simec report their recommendations after researching Grupo Simec's financial statements, talking to executives and customers, or listening in on Grupo Simec's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Grupo Simec SAB. The Grupo consensus assessment is calculated by taking the average forecast from all of the analysts covering Grupo Simec. | |||||
Grupo Simec's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Grupo Simec's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grupo Simec's financial leverage. It provides some insight into what part of Grupo Simec's total assets is financed by creditors.
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Grupo Simec SAB (SIM) is traded on NYSE MKT Exchange in USA. It is located in Calzada LAzaro CArdenas 601, Guadalajara, JA, Mexico, 44440 and employs 4,259 people. Grupo Simec is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grupo Simec's market, we take the total number of its shares issued and multiply it by Grupo Simec's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Grupo Simec SAB runs under Metals & Mining sector within Materials industry. The entity has 153.85 M outstanding shares of which 552 shares are at this time shorted by investors with about 5.2 days to cover.
Grupo Simec SAB has about 23.34 B in cash with 5.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 116.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Grupo Simec Probability Of Bankruptcy
Ownership AllocationGrupo Simec secures a total of 153.85 Million outstanding shares. Roughly 100.0 (percent) of Grupo Simec outstanding shares are held by general public with 0.16 pct. by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Grupo Ownership Details
Grupo Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Grupo Simec jumping above the current price in 90 days from now is about 10.92%. The Grupo Simec SAB probability density function shows the probability of Grupo Simec stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Grupo Simec has a beta of 0.2484. This usually implies as returns on the market go up, Grupo Simec average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grupo Simec SAB will be expected to be much smaller as well. Additionally, grupo Simec SAB has an alpha of 0.0881, implying that it can generate a 0.0881 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Grupo Simec to move above the current price in 90 days from now is about 10.92 (This Grupo Simec SAB probability density function shows the probability of Grupo Stock to fall within a particular range of prices over 90 days) .
Grupo Simec Historical Income Statement
Grupo Simec SAB Income Statement is one of the three primary financial statements used for reporting Grupo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Grupo Simec SAB revenue and expense. Grupo Simec Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Grupo Simec's Income Tax Expense is very stable compared to the past year. As of the 8th of May 2024, Interest Expense is likely to grow to about 163.1 M, while Total Revenue is likely to drop about 30.5 B. View More FundamentalsGrupo Stock Against Markets
Picking the right benchmark for Grupo Simec stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grupo Simec stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grupo Simec is critical whether you are bullish or bearish towards Grupo Simec SAB at a given time. Please also check how Grupo Simec's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Grupo Simec without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Grupo Simec Corporate Directors
Grupo Simec corporate directors refer to members of a Grupo Simec board of directors. The board of directors generally takes responsibility for the Grupo Simec's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Grupo Simec's board members must vote for the resolution. The Grupo Simec board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lourdes Malo | Corporate Director of Legal Affairs | Profile | |
| Marcos Rodarte | Chief Sales Officer and Director of Marketing and Sales | Profile | |
| Rodolfo Parada | Independent Director | Profile | |
| Raul Trejo | Independent Director | Profile |
How to buy Grupo Stock?
Before investing in Grupo Simec, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Grupo Simec. To buy Grupo Simec stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grupo Simec. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Grupo Simec stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grupo Simec SAB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Grupo Simec SAB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Grupo Simec SAB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Grupo Stock please use our How to Invest in Grupo Simec guide.
Already Invested in Grupo Simec SAB?
The danger of trading Grupo Simec SAB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grupo Simec is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grupo Simec. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grupo Simec SAB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Grupo Simec SAB is a strong investment it is important to analyze Grupo Simec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Simec's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Simec SAB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Grupo Stock analysis
When running Grupo Simec's price analysis, check to measure Grupo Simec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Simec is operating at the current time. Most of Grupo Simec's value examination focuses on studying past and present price action to predict the probability of Grupo Simec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Simec's price. Additionally, you may evaluate how the addition of Grupo Simec to your portfolios can decrease your overall portfolio volatility.
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Is Grupo Simec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.415 | Earnings Share 1.99 | Revenue Per Share 218.882 | Quarterly Revenue Growth (0.39) | Return On Assets 0.0652 |
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.