SIM Basic Materials

Grupo Simec, S.A.B. de C.V.

$26.00+1.36%

Price as of close on Nov 2, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Basic Materials
Industry: Steel
Country: Mexico
Market cap: 4.0B USD
Enterprise value: 7.1B USD
Full-time employees: 4,961

Overall health

Strength: more profitable than most peersmore profitable than peers
Strength: lower risk than most peers: a steadier share price, more short-term liquidity and less debt relative to equitylower risk: a steadier share price, more liquidity and less debt vs equity
Drawback: growing more slowly than most peersgrowing more slowly than peers
About average: valuation

Ranks #542 of 1,217 basic materials companies (top 45%)

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.
Grupo Simec, S.A.B. de C.V. reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Investment surge. Capital spending 9.5% of revenue, up from 3.1% in 2022.
Grupo Simec, S.A.B. de C.V. is spending 9.5% of revenue on facilities and equipment, up from 3.1% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.
Grupo Simec, S.A.B. de C.V.'s fiscal-year revenue declined in each of the three years to 2025.
Valuation signals disagree. Cheaper than 78% of peers on operating cash profit (EBITDA), but only 0% on free cash flow.Cheaper than 78% of peers on operating cash profit, but only 0% on free cash flow.
Relative to its operating cash profit (EBITDA), Grupo Simec, S.A.B. de C.V. looks cheaper than 78% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Grupo Simec, S.A.B. de C.V. looks cheaper than 78% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

StockQuotient Score

54/ 100

Oct 5 53 → Nov 4 54 (+1)

Valuation

Is the price right?

52/100

Moderate▼ 1 since Oct 26 close

3/3 inputs reported · High confidence

Since last year: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 26, 2026 close: Score 53 → 52

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ EBITDA yield
▼ FCF yield
▼ Earnings yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield1.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · MXN→USD at the current rateReported value30% base weight · Z-score -0.72Sector median: 0.0364 · MAD: 0.0364

EBITDA yield14.5%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 months · MXN→USD convertedReported value50% base weight · Z-score 1.14Sector median: 0.0854 · MAD: 0.0520

Free cash flow yield-1.6%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · MXN→USD at the current rate · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261

Other data (not scored)

Book yield40.2%

SEC filings (IFRS mapped) · latest balance sheet · MXN→USD at the current rateReported valueInformational · 0% composite weightSector median: 0.5947 · MAD: 0.3137

Growth

Is it growing?

5/100

Weak

3/3 inputs reported · High confidence

Since last year: ▼ Weaker

12-month revenue fell 10.0%

Why

Weaker than most peers on:

▼ EPS growth
▼ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-86.8%

SEC filings (IFRS mapped) · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -2.50Sector median: 0.0941 · MAD: 0.3300

3-year revenue growth-17.6%

SEC filings (IFRS mapped) · 3 years to Dec 2025Reported value33% base weight · Z-score -2.42Sector median: -0.0005 · MAD: 0.0725

Revenue growth-10.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score -1.40Sector median: 0.0335 · MAD: 0.0952

Profitability

Does it earn well?

64/100

Moderate

2/3 inputs reported · Partial data

Since last year: ▼ Weaker

Net margin fell 26.2 points to 4.9%
Free cash flow turned negative over the last 12 months

Why

Stronger than most peers on:

▲ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin15.8%

Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Dec 2025Reported value33% base weight · Z-score 1.33Sector median: 0.0757 · MAD: 0.0617

Return on assets2.1%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score -0.15Sector median: 0.0249 · MAD: 0.0265

Return on invested capitalUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0675 · MAD: 0.0575

Other data (not scored)

Gross margin24.8%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.2138 · MAD: 0.1202

Return on equity2.5%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.0537 · MAD: 0.0694

Risk

Debt, liquidity, price swings

Lower

Lower relative risk

3/3 inputs reported · High confidence

Since last year: No major change

Why

Stronger than most peers on:

▲ Beta
▲ Current ratio
▲ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.15

Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score 1.76Sector median: 0.6950 · MAD: 0.2810

Current ratio5.25×

SEC filings (IFRS mapped) · latest balance sheetReported value33% base weight · Z-score 5.16Sector median: 1.7610 · MAD: 0.6770

Debt / equity0.02×

SEC filings (IFRS mapped) · latest balance sheetReported value33% base weight · Z-score 1.15Sector median: 0.3578 · MAD: 0.2929

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Grupo Simec, S.A.B. de C.V.

Is Grupo Simec, S.A.B. de C.V. getting weaker?: Its latest SEC filing (Jul 31, 2026) got weaker in some ways: net margin fell 26.2 points to 4.9%; 12-month revenue fell 10.0%. Its overall score is unchanged at 54/100 since Oct 28, 2026.
How is Grupo Simec, S.A.B. de C.V. valued vs its peers?: Priced about in line with its peers. Valuation scores 52/100 against 1,371 basic materials peers. EBITDA yield 14.5% vs a peer median of 8.5% (stronger than 78% of peers).EBITDA yield 14.5% vs peers 8.5% (stronger than 78% of peers). Free cash flow yield -1.6% vs a peer median of 2.6% (weaker than 100% of peers).Free cash flow yield -1.6% vs peers 2.6% (weaker than 100% of peers).
Is Grupo Simec, S.A.B. de C.V. growing?: More slowly than most of its peers. Growth scores 5/100 against 1,371 basic materials peers. Earnings per share growth -86.8% vs a peer median of 9.4% (weaker than 100% of peers).Earnings per share growth -86.8% vs peers 9.4% (weaker than 100% of peers).
How profitable is Grupo Simec, S.A.B. de C.V.?: More profitable than most of its peers. Profitability scores 64/100 against 1,371 basic materials peers. Operating margin 15.8% vs a peer median of 7.6% (stronger than 78% of peers).Operating margin 15.8% vs peers 7.6% (stronger than 78% of peers).
How risky is Grupo Simec, S.A.B. de C.V.?: Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Beta 0.15 vs a peer median of 0.69 (stronger than 95% of peers).Beta 0.15 vs peers 0.69 (stronger than 95% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Jul 31, 2026 · compared with the year ended Dec 31, 2024

Got weaker

Net margin fell 26.2 points to 4.9%
12-month revenue fell 10.0%
Free cash flow turned negative over the last 12 months

	Previous year	Latest year	Change
Revenue (12 months)	33.7B MXN	30.3B MXN	−10.0%
Net income (12 months)	10.5B MXN	1.5B MXN	−85.7%
Free cash flow (12 months)	3.4B MXN	−2.4B MXN	turned negative
Cash	29.2B MXN	28.6B MXN	−2.1%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in MXN, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	28.1%	26.7%	24.4%	22.7%	24.8%	▲ 2.1 pts
Net margin	17.0%	14.5%	10.4%	31.2%	4.9%	▼ 26 pts
Return on assets (ROA)	16.5%	11.6%	6.4%	14.3%	2.1%	▼ 12 pts
Return on equity (ROE)	22.6%	16.4%	8.6%	17.7%	2.5%	▼ 15 pts
Free cash flow margin	13.2%	13.4%	4.3%	10.2%	-7.8%	▼ 18 pts
Current ratio	3.23×	2.87×	3.22×	4.56×	5.25×	▲ 15%
Quick ratio	2.17×	2.03×	2.43×	3.46×	4.16×	▲ 20%
Debt to equity	0.01×	0.01×	0.01×	0.00×	0.02×	▲ >999%

SIM price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Sylvania Platinum LimitedSLP.L97/ 100

Serabi Gold plcSRB.L95/ 100

Wesdome Gold Mines Ltd.WDO.TO95/ 100

Bringing the fundamentals into focus…

Overall health

Strength: more profitable than most peersmore profitable than peers

Strength: lower risk than most peers: a steadier share price, more short-term liquidity and less debt relative to equitylower risk: a steadier share price, more liquidity and less debt vs equity

Drawback: growing more slowly than most peersgrowing more slowly than peers

About average: valuation

Ranks #542 of 1,217 basic materials companies (top 45%)

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.

Grupo Simec, S.A.B. de C.V. reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.

Investment surge. Capital spending 9.5% of revenue, up from 3.1% in 2022.

Grupo Simec, S.A.B. de C.V. is spending 9.5% of revenue on facilities and equipment, up from 3.1% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.

Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.

Grupo Simec, S.A.B. de C.V.'s fiscal-year revenue declined in each of the three years to 2025.

Valuation signals disagree. Cheaper than 78% of peers on operating cash profit (EBITDA), but only 0% on free cash flow.Cheaper than 78% of peers on operating cash profit, but only 0% on free cash flow.

Relative to its operating cash profit (EBITDA), Grupo Simec, S.A.B. de C.V. looks cheaper than 78% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Grupo Simec, S.A.B. de C.V. looks cheaper than 78% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Questions investors ask about Grupo Simec, S.A.B. de C.V.

Is Grupo Simec, S.A.B. de C.V. getting weaker?

Its latest SEC filing (Jul 31, 2026) got weaker in some ways: net margin fell 26.2 points to 4.9%; 12-month revenue fell 10.0%. Its overall score is unchanged at 54/100 since Oct 28, 2026.

How is Grupo Simec, S.A.B. de C.V. valued vs its peers?

Priced about in line with its peers. Valuation scores 52/100 against 1,371 basic materials peers. EBITDA yield 14.5% vs a peer median of 8.5% (stronger than 78% of peers).EBITDA yield 14.5% vs peers 8.5% (stronger than 78% of peers). Free cash flow yield -1.6% vs a peer median of 2.6% (weaker than 100% of peers).Free cash flow yield -1.6% vs peers 2.6% (weaker than 100% of peers).

Is Grupo Simec, S.A.B. de C.V. growing?

More slowly than most of its peers. Growth scores 5/100 against 1,371 basic materials peers. Earnings per share growth -86.8% vs a peer median of 9.4% (weaker than 100% of peers).Earnings per share growth -86.8% vs peers 9.4% (weaker than 100% of peers).

How profitable is Grupo Simec, S.A.B. de C.V.?

More profitable than most of its peers. Profitability scores 64/100 against 1,371 basic materials peers. Operating margin 15.8% vs a peer median of 7.6% (stronger than 78% of peers).Operating margin 15.8% vs peers 7.6% (stronger than 78% of peers).

How risky is Grupo Simec, S.A.B. de C.V.?

Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Beta 0.15 vs a peer median of 0.69 (stronger than 95% of peers).Beta 0.15 vs peers 0.69 (stronger than 95% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Revenue (12 months)

33.7B MXN

30.3B MXN

−10.0%

Net income (12 months)

10.5B MXN

1.5B MXN

−85.7%

Free cash flow (12 months)

3.4B MXN

−2.4B MXN

turned negative

Cash

29.2B MXN

28.6B MXN

−2.1%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

28.1%

26.7%

24.4%

22.7%

24.8%

▲ 2.1 pts

Net margin

17.0%

14.5%

10.4%

31.2%

4.9%

▼ 26 pts

Return on assets (ROA)

16.5%

11.6%

6.4%

14.3%

2.1%

▼ 12 pts

Return on equity (ROE)

22.6%

16.4%

8.6%

17.7%

2.5%

▼ 15 pts

Free cash flow margin

13.2%

13.4%

4.3%

10.2%

-7.8%

▼ 18 pts

Current ratio

3.23×

2.87×

3.22×

4.56×

5.25×

▲ 15%

Quick ratio

2.17×

2.03×

2.43×

3.46×

4.16×

▲ 20%

Debt to equity

0.01×

0.00×

0.02×

▲ >999%