Grupo Financial Statements From 2010 to 2024
| SIMECB Stock | MXN 184.29 0.21 0.11% |
Check Grupo Simec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Simec's main balance sheet or income statement drivers, such as , as well as many indicators such as . Grupo financial statements analysis is a perfect complement when working with Grupo Simec Valuation or Volatility modules.
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Grupo Simec SAB Company Return On Equity Analysis
Grupo Simec's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Grupo Simec Return On Equity | 0.21 |
Most of Grupo Simec's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grupo Simec SAB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Grupo Simec SAB has a Return On Equity of 0.2064. This is 77.32% lower than that of the Metals & Mining sector and 98.05% lower than that of the Materials industry. The return on equity for all Mexico stocks is 166.58% lower than that of the firm.
Grupo Simec SAB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grupo Simec's current stock value. Our valuation model uses many indicators to compare Grupo Simec value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grupo Simec competition to find correlations between indicators driving Grupo Simec's intrinsic value. More Info.Grupo Simec SAB is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Grupo Simec SAB is roughly 1.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grupo Simec by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grupo Simec's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Grupo Simec Financial Statements
Grupo Simec stakeholders use historical fundamental indicators, such as Grupo Simec's revenue or net income, to determine how well the company is positioned to perform in the future. Although Grupo Simec investors may analyze each financial statement separately, they are all interrelated. For example, changes in Grupo Simec's assets and liabilities are reflected in the revenues and expenses on Grupo Simec's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Grupo Simec SAB. Please read more on our technical analysis and fundamental analysis pages.
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality steel and structural steel products in the United States, Mexico, Canada, and Brazil. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V. GRUPO SIMEC operates under Steel classification in Mexico and is traded on Mexico Stock Exchange. It employs 4561 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Grupo Stock
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 the analysis of Grupo Simec Correlation against competitors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.