Grupo Simec S a b De C v (SIM) |
|
Price: $32.2500
$0.00
0.000%
|
Day's High:
| $32.25
| Week Perf:
| 1.42 %
|
Day's Low: |
$ 32.25 |
30 Day Perf: |
-0.34 % |
Volume (M): |
0 |
52 Wk High: |
$ 38.22 |
Volume (M$): |
$ 6 |
52 Wk Avg: |
$32.55 |
Open: |
$32.25 |
52 Wk Low: |
$28.15 |
|
|
Market Capitalization (Millions $) |
14,913 |
Shares
Outstanding (Millions) |
462 |
Employees |
- |
Revenues (TTM) (Millions $) |
2,654 |
Net Income (TTM) (Millions $) |
385 |
Cash Flow (TTM) (Millions $) |
741 |
Capital Exp. (TTM) (Millions $) |
83 |
Grupo Simec S A B De C V
Grupo Simec S.A.B de C.V is a Mexican company engaged in the manufacturing and distribution of special bar quality (SBQ) steel. The company operates through three business segments: Simec, which produces and sells SBQ steel in Mexico and the United States; Simec Internacional, which manufactures and distributes SBQ steel in Brazil, Canada, and Colombia; and Steel Products, which manufactures and distributes clean and coated steel products. Grupo Simec S.A.B de C.V has a strong presence in the automotive, construction, and industrial sectors, supplying steel products to various customers worldwide. The company is listed on the Mexican Stock Exchange.
Company Address: Colonia La Nogalera Jalisco 44440
Company Phone Number: 33 3770-6700 Stock Exchange / Ticker: NYSE SIM
SIM is expected to report next financial results on April 30, 2024. |
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Ternium S A
Ternium S A, a leading Iron and Steel company, recently released its financial report for the year ending December 31, 2023. The company announced a net profit per share of $0.34, which marks a significant decline from the previous year's earnings of $900.00 per share. The company's revenue for the year remained stagnant at $0.00 million. Although the revenue showed no growth, Ternium S A saw a rise of 7.284% in its revenue in comparison to the same period in the previous year. The performance of Ternium S A is surprising to many in the industry, as the Iron and Steel sector as a whole experienced a contraction of -4.91% in business. Ternium S A appears to be defying the industry trend with its revenue gain. In the third quarter of 2023, Ternium S A reported zero revenue and earnings. These figures were in contrast to the $986.374 million earned in the corresponding period in 2022, representing a decline of -52.87%. The company has shifted its focus towards improving sales, and as a result, its net margin eased to 5.6%. Operating earnings also fell by -18.58% to $2,198.014 million, causing Ternium S A's operating margin to decrease to 12.48% from 16.45% in the fourth quarter of 2022.
|
Tenaris Sa
Tenaris Sa, a global steel pipe manufacturer based in Luxembourg, has reported impressive financial results for the October to December period of 2023. The company's bottom-line saw a significant increase of 53.7% year on year, reaching $3.32 per share. Additionally, revenue rose by 26.409% to $14.87 billion. These results are quite remarkable considering the challenging market conditions faced by most companies in the Iron and Steel industry, where dwindling orders and diminishing top-line have been a pressing issue. Furthermore, Tenaris Sa highlighted its improving profit margins, with a net margin of 26.62% and an operating margin of 29.03% in the fourth quarter of 2023. Although operating earnings only improved by 45.66% to $4316.408 million, the company's positive trend is evident.
|
Commercial Metals Company
The stock market is an ever-changing landscape, and companies must navigate numerous challenges to maintain profitability and investor confidence. A recent financial report from Commercial Metals Company (CMC) highlights their struggles during the December to February 29, 2024 fiscal period, revealing a sharp decline in key metrics. EPS and Revenue Downturn: During the aforementioned fiscal period, CMC's earnings per share (EPS) plummeted by an alarming -51.66% to $0.73 per share, compared to the preceding year. This decline was primarily attributed to an 8.41% decrease in revenue, which fell to $1.85 billion in the same period. In contrast, the company's previous reporting period boasted a strong $2 billion revenue and $1.49 per share bottom line.
|
L B Foster Company
The latest financial results of L B Foster Company for the fiscal interval ending December 31, 2023, showed mixed results. While the company reported a loss of $-0.04 per share, a significant improvement from the loss of $-4.03 per share in the same quarter a year before, there are some concerning trends that investors should keep an eye on. One of the key points to consider is the decrease in revenue, both year-over-year and sequentially. The company reported a revenue decline of -1.696% to $134.85 million from $137.17 million in the same quarter a year before, and a sequential revenue deterioration of -7.146% from $145.22 million. This decline in revenue could be indicative of slowing demand for the company's products or services.
|
Titan International Inc
The recent fiscal period has been challenging for Titan International Inc, as declining demand has led to an increase in shortfall. This is reflected in TWI's shortfall per share advancing to $-0.04 from $0.65 compared to the same period last year. Revenue also took a hit, decreasing by -23.503% to $389.96 million from $509.77 million a year ago. In contrast, the rest of the Iron and Steel industry saw a top-line improvement in the fourth quarter of 2023. However, Titan International Inc recorded a net shortfall of $-1.282 million for the fourth quarter, a significant drop from the net income of $42.974 million in the same period the year before. The company's operating earnings fell by -49.35% to $20.718 million, with the operating margin shrinking to 5.31% from 8.02% in the fourth quarter of 2022.
|
Per Share |
Current |
Earnings (TTM) |
0.83 $ |
Revenues (TTM) |
5.74 $
|
Cash Flow (TTM) |
1.6 $ |
Cash |
2.33 $
|
Book Value |
5.09 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
0.83 $
|
Revenues (TTM) |
5.74 $ |
Cash Flow (TTM) |
1.6 $ |
Cash |
2.33 $
|
Book Value |
5.09 $ |
Dividend (TTM) |
0 $ |
|
|
|
|