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Mexican steelmaker producing long steel products—rebar, structural steel—for construction and industrial customers.
Mexican steelmaker producing long steel products—rebar, structural steel—for construction and industrial customers.
Sells steel by the tonne at market prices, so earnings follow the gap between steel prices and the cost of scrap and energy. Construction bar goes to builders, while special-grade bar goes to vehicle and machinery makers. It is controlled by Mexico's Industrias CH group, and results track Mexican and US building activity.
Moat: none (scale). Commodity steel producer whose returns track steel prices and Mexican/US construction demand.
Headquarters: Guadalajara, Mexico · Founded: 1994 · Employees: 4,702
Size Grupo Simec SAB de CV Sponsored ADR (SIM) is a United States Materials company (Steel) with a market value of $4.22B, the 1309th largest of 3,117 United States companies the cockpit tracks. Shares closed at $26.00 on 6 Nov 2026.
Performance Over six months the shares gained 4.0%, against -22.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 16.6% over the last twelve months (peer median +0.5%); the operating margin is 15.8% (peer median 4.6%).
Valuation It trades at 14.1× forward earnings against a peer median of 15.7× (9th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.0 points above its cost of capital (6.4% WACC).
Short interest Short interest is 0.0% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.85B | $1.58B | $1.84B | $2.32B | $2.69B |
| Revenue growth | — | -14% | -21% | -14% | — |
| Gross profit | $461M | $391M | $416M | $558M | $719M |
| EBITDA | $360M | $300M | $327M | $486M | $656M |
| Net income | $273M | $77.9M | $572M | $241M | $383M |
| Free cash flow | $80.3M | -$68.2M | $275M | $144M | $372M |
| Capital expenditure | $155M | $151M | $116M | $141M | $85.9M |
| Total debt | $303,309 | $177M | $153M | $148M | $123M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Grupo Simec SAB de CV Sponsored ADR SIM | $4.22B | +4% | +17% | 16% | 14.1× | -9.2% |
| Nucor NUE | $55.6B | +8% | +22% | 13% | 10.2× | 12.0% |
| Ternium S.A. Sponsored ADR TX | $9.65B | +5% | -1% | 8% | 6.7× | n/a |
| Gerdau S.A. Pfd Sponsored ADR Repr 1 Pfd Sh GGB | $8.41B | -10% | +10% | 9% | 7.9× | 2.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SIM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.9% | -5.6% | 5th highest of 21 |
| 6-month return | +4.0% | -22.7% | 3rd highest of 20 |
| Distance from 52-week high | -24.8% | -33.3% | 6th highest of 21 |
| Revenue growth (TTM) | +16.6% | +0.5% | 5th highest of 21 |
| Operating margin | 15.8% | 4.6% | 5th highest of 21 |
| Forward P/E | 14.1× | 15.7× | 9th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -9.2% | 6.9% | 3rd least demanding of 17 |
| Growth delivered (Del g) | -1.1% | +6.8% | lowest of 17 |
| Hurdle (Req g minus delivered) | -8.0 pp | -5.0 pp | 6th least demanding of 17 |
| ROIC minus cost of capital | +6.0 pp | -1.1 pp | 5th highest of 21 |
| EV / EBITDA | 7.2× | 11.5× | 5th cheapest of 11 |
| Net debt / EBITDA | -4.5× | 0.8× | 2nd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Grupo Simec SAB de CV Sponsored ADR SIM | United States | $4.22B | +4% | +17% | 16% | 14.1× | -9.2% | -1.1% |
| Acerinox ACX.MC | Spain | $4.00B | +2% | 0% | 4% | 15.8× | 18.6% | +4.4% |
| Tube Investments of India TIINDIA.NS | India | $4.47B | -28% | +18% | 7% | 42.7× | n/a | n/a |
| Nanjing Iron & Steel 600282.SS | China | $3.99B | -20% | +12% | 5% | 9.5× | -4.2% | +1.8% |
| Zhejiang Hailiang 002203.SZ | China | $4.53B | -23% | +10% | 2% | 17.6× | n/a | n/a |
| Yamato Kogyo 5444.T | Japan | $3.88B | -13% | +1% | 2% | 10.3× | 24.2% | +3.4% |
| Kobe Steel 5406.T | Japan | $4.83B | 0% | -3% | 5% | 7.7× | -1.1% | +7.4% |
| Beijing Shougang 000959.SZ | China | $3.50B | -34% | -2% | 1% | 27.4× | -9.7% | +5.2% |
| Hunan Valin Steel 000932.SZ | China | $3.49B | -27% | -7% | 1% | 20.0× | 6.4% | +0.9% |
| TA Chen Stainless Pipe 2027.TW | Taiwan | $3.46B | +21% | +24% | 18% | 8.0× | -10.1% | +11.4% |
| Salzgitter SZG.DE | Germany | $3.29B | -14% | -6% | -1% | 10.5× | n/a | n/a |
| Vallourec VK.PA | France | $5.51B | -31% | -7% | 14% | 15.5× | -7.6% | +3.3% |
| HBIS 000709.SZ | China | $2.96B | -16% | -6% | 5% | 12.2× | n/a | n/a |
| Jindal Stainless JSL.NS | India | $6.10B | -9% | +12% | 10% | 16.9× | 21.0% | +28.7% |
| Yongxing Special Materials Technology 002756.SZ | China | $2.88B | -59% | +30% | 16% | 11.2× | -2.3% | +8.4% |
| Mineral Resources MIN.AX | Australia | $6.36B | -34% | +44% | 25% | 13.8× | 4.2% | +11.6% |
| Shanxi Taigang Stainless Steel 000825.SZ | China | $2.78B | -24% | +1% | -1% | 65.0× | 7.4% | +6.1% |
| APL Apollo Tubes APLAPOLLO.NS | India | $6.42B | +11% | +16% | 7% | 39.8× | 22.1% | +22.1% |
| Fujian Makeng Mining 601123.SS | China | $2.76B | n/a | -3% | 41% | n/a | 29.1% | -1.0% |
| Zhejiang Jiuli Hi-Tech Metals 002318.SZ | China | $2.75B | -37% | -38% | 4% | 25.9× | 15.4% | +19.5% |
| Hangzhou Iron & Steel 600126.SS | China | $2.73B | -38% | -58% | -1% | n/a | 19.3% | +9.8% |