Grupo Simec (Mexico) Today
| SIMECB Stock | MXN 184.50 0.40 0.22% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Grupo Simec is trading at 184.50 as of the 26th of December 2024, a 0.22 percent down since the beginning of the trading day. The stock's open price was 184.9. Grupo Simec has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of December 2024. Click here to learn more.
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. The company has 497.71 M outstanding shares. More on Grupo Simec SAB
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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.
| Business Concentration | Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
Grupo Simec SAB (SIMECB) is traded on Mexican Exchange in Mexico and employs 5,183 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 110.49 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 operates under Metals & Mining sector and is part of Materials industry. The entity has 497.71 M outstanding shares.
Grupo Simec SAB has accumulated about 7.69 B in cash with 8.39 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 49.58.
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Ownership AllocationGrupo Simec SAB has a total of 497.71 Million outstanding shares. Grupo Simec retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 77.88 (percent) of Grupo Simec outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Grupo Simec SAB Risk Profiles
Although Grupo Simec's alpha and beta are two of the key measurements used to evaluate Grupo Simec's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0284 | |||
| Standard Deviation | 0.0756 | |||
| Variance | 0.0057 | |||
| Risk Adjusted Performance | (0.14) |
Grupo Stock Against Markets
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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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| All Next | Launch Module |
Grupo Simec Corporate Executives
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.
| Mario Cortez | Financial Coordinator | Profile |
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.