| SIMECB Stock | | | MXN 184.50 0.40 0.22% |
COO
Mr. Mario Moreno Cortez serves as Coordinator of Finance of Grupo Simec S.A.B. de C.V. since 2012. From1998 to 2010 he was General Accountant in major subsidiaries Simec group. Previously, he also worked in various departments of the financial area in the main subsidiaries Simec subsidiary. since 2012.
| Age | 55 |
| Tenure | 12 years |
| Phone | 52 3 337 706 700 |
| Web | https://www.gsimec.com.mx |
Grupo Simec Management Efficiency
The company has return on total asset
(ROA) of
0.1351 % which means that it generated a profit of $0.1351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2064 %, meaning that it generated $0.2064 on every $100 dollars invested by stockholders. Grupo Simec's management efficiency ratios could be used to measure how well Grupo Simec manages its routine affairs as well as how well it operates its assets and liabilities.
Grupo Simec SAB has accumulated 5.79
M in total debt. Grupo Simec SAB has a current ratio of 2.89, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Grupo Simec until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo Simec's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grupo Simec SAB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo Simec's use of debt, we should always consider it together with cash and equity.
Similar Executives
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. Grupo Simec SAB (SIMECB) is traded on Mexican Exchange in Mexico and employs 5,183 people.
Management Performance
Grupo Simec SAB Leadership Team
Elected by the shareholders, the Grupo Simec's board of directors comprises two types of representatives: Grupo Simec inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grupo. The board's role is to monitor Grupo Simec's management team and ensure that shareholders' interests are well served. Grupo Simec's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Grupo Simec's outside directors are responsible for providing unbiased perspectives on the board's policies.
Grupo Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Grupo Simec a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Also Currently Popular
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
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 closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
You can also try the
Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.