Grupo Simec Revenue vs. Net Income
| SIMECB Stock | MXN 184.20 0.09 0.05% |
For Grupo Simec profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grupo Simec to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grupo Simec SAB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grupo Simec's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grupo Simec SAB over time as well as its relative position and ranking within its peers.
Grupo |
Grupo Simec SAB Net Income vs. Revenue Fundamental Analysis
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. Grupo Simec SAB is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 0.17 of Net Income per Revenue. The ratio of Revenue to Net Income for Grupo Simec SAB is roughly 5.89 . 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.Grupo Revenue vs. Competition
Grupo Simec SAB is currently regarded number one company in revenue category among its peers. Market size based on revenue of Materials industry is at this time estimated at about 501.66 Billion. Grupo Simec retains roughly 55.62 Billion in revenue claiming about 11% of all equities under Materials industry.
Grupo Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Grupo Simec |
| = | 55.62 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Grupo Simec |
| = | 9.44 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Grupo Net Income Comparison
Grupo Simec is currently under evaluation in net income category among its peers.
Grupo Simec Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grupo Simec, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grupo Simec will eventually generate negative long term returns. The profitability progress is the general direction of Grupo Simec's change in net profit over the period of time. It can combine multiple indicators of Grupo Simec, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grupo Simec. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Grupo Simec position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Grupo Simec's important profitability drivers and their relationship over time.
Use Grupo Simec in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grupo Simec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grupo Simec will appreciate offsetting losses from the drop in the long position's value.Grupo Simec Pair Trading
Grupo Simec SAB Pair Trading Analysis
The ability to find closely correlated positions to Grupo Simec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Simec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grupo Simec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grupo Simec SAB to buy it.
The correlation of Grupo Simec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grupo Simec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Simec SAB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grupo Simec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Grupo Simec position
In addition to having Grupo Simec in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
To fully project Grupo Simec's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grupo Simec SAB at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Grupo Simec's income statement, its balance sheet, and the statement of cash flows.