Grupo Pretax Profit Margin from 2010 to 2024

SIM Stock  USD 26.00  0.23  0.89%   
Grupo Simec Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to grow to 0.17 this year. During the period from 2010 to 2024, Grupo Simec Pretax Profit Margin quarterly data regression pattern had range of 0.7088 and standard deviation of  0.16. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.15733044
Current Value
0.17
Quarterly Volatility
0.16351097
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 756.5 M, Total Revenue of 30.5 B or Gross Profit of 11.2 B, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0427 or PTB Ratio of 2.17. Grupo financial statements analysis is a perfect complement when working with Grupo Simec Valuation or Volatility modules.
  
Check out the analysis of Grupo Simec Correlation against competitors.

Latest Grupo Simec's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Grupo Simec SAB over the last few years. It is Grupo Simec's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Simec's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Grupo Pretax Profit Margin Regression Statistics

Arithmetic Mean0.08
Coefficient Of Variation198.89
Mean Deviation0.09
Median0.11
Standard Deviation0.16
Sample Variance0.03
Range0.7088
R-Value0.63
Mean Square Error0.02
R-Squared0.39
Significance0.01
Slope0.02
Total Sum of Squares0.37

Grupo Pretax Profit Margin History

2024 0.17
2023 0.16
2022 0.2
2021 0.25
2020 0.14
2019 0.0479

About Grupo Simec Financial Statements

Grupo Simec investors utilize fundamental indicators, such as Pretax Profit Margin, to predict how Grupo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.16  0.17 

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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Metals & Mining space 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
0.749
Earnings Share
2.73
Revenue Per Share
217.976
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0467
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.