Grupo Simec SAB de CV Stock

Grupo Simec SAB de CV P/S 2024

Grupo Simec SAB de CV P/S

1.81

Ticker

SIMECB.MX

ISIN

MXP4984U1083

WKN

A0MK4H

As of Aug 11, 2024, Grupo Simec SAB de CV's P/S ratio stood at 1.81, a -22.98% change from the 2.35 P/S ratio recorded in the previous year.

The Grupo Simec SAB de CV P/S history

Grupo Simec SAB de CV Aktienanalyse

What does Grupo Simec SAB de CV do?

Grupo Simec SAB de CV is a Mexican company specialized in the production and distribution of steel products. It was founded in 1969 and is headquartered in Guadalajara, Jalisco, Mexico. Grupo Simec has been listed on the Mexican Stock Exchange since 1997 and on the NASDAQ Stock Exchange since 2006. The business model of Grupo Simec is based on the production and distribution of semi-finished and finished steel products. The company is divided into four business segments: steel production and processing, steel finishing and coating, steel product trading, and other activities. Each segment has specific tasks and goals and works in a network. The company operates multiple steel mills in Mexico, the USA, and Canada. The semi-finished and finished products are sold to various industries, including automotive, construction, energy, agriculture, and industrial sectors. Grupo Simec also offers steel products for export, including flat and long products. In addition to steel production, the company operates six rolling mills to meet the different processing needs of its customers. These rolling mills produce steel products such as flat products (coils, sheets, coated products), round and square steel bars, and rail steel. The steel finishing and coating process is carried out with special technology and high expertise. The company offers a variety of products, including galvanized, electrically galvanized, color-coated, and specially alloyed steel products. Grupo Simec's trading system is very flexible to meet its customers' requirements. The company offers a wide portfolio of products and services to maintain customer relationships at a high level. This includes the supply of packaging materials, logistics, and technical support. The company is also active in other areas, including real estate, environmental and logistics solutions, and energy. Grupo Simec operates several complementary business segments to expand its range of services and meet the needs of its customers. To ensure the quality of its products, the company has established a high level of quality control. It has certifications according to international standards such as ISO 9001, ISO 14001, OHSAS 18001, and IATF 16949. Additionally, all Grupo Simec locations are fully integrated to achieve continuous process and performance improvements. Overall, Grupo Simec is a leading provider of steel products with a long history in the steel industry. The company has a wide portfolio of products and offers its customers a comprehensive range of services. With a strong focus on quality, innovation, and customer service, Grupo Simec is well positioned to succeed in the years to come. Grupo Simec SAB de CV ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Grupo Simec SAB de CV's P/S Ratio

Grupo Simec SAB de CV's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Grupo Simec SAB de CV's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Grupo Simec SAB de CV's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Grupo Simec SAB de CV’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Grupo Simec SAB de CV stock

What is the price-to-earnings ratio of Grupo Simec SAB de CV?

The price-earnings ratio of Grupo Simec SAB de CV is currently 1.81.

How has the price-earnings ratio of Grupo Simec SAB de CV changed compared to last year?

The price-to-earnings ratio of Grupo Simec SAB de CV has increased by -22.98% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Grupo Simec SAB de CV high compared to other companies?

Yes, the price-to-earnings ratio of Grupo Simec SAB de CV is high compared to other companies.

How does an increase in the price-earnings ratio of Grupo Simec SAB de CV affect the company?

An increase in the price-earnings ratio of Grupo Simec SAB de CV would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Grupo Simec SAB de CV affect the company?

A decrease in the price-earnings ratio of Grupo Simec SAB de CV would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Grupo Simec SAB de CV?

Some factors that influence the price-earnings ratio of Grupo Simec SAB de CV are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Grupo Simec SAB de CV pay?

Over the past 12 months, Grupo Simec SAB de CV paid a dividend of 4.3 MXN . This corresponds to a dividend yield of about 2.32 %. For the coming 12 months, Grupo Simec SAB de CV is expected to pay a dividend of 0 MXN.

What is the dividend yield of Grupo Simec SAB de CV?

The current dividend yield of Grupo Simec SAB de CV is 2.32 %.

When does Grupo Simec SAB de CV pay dividends?

Grupo Simec SAB de CV pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Grupo Simec SAB de CV?

Grupo Simec SAB de CV paid dividends every year for the past 3 years.

What is the dividend of Grupo Simec SAB de CV?

For the upcoming 12 months, dividends amounting to 0 MXN are expected. This corresponds to a dividend yield of 0 %.

In which sector is Grupo Simec SAB de CV located?

Grupo Simec SAB de CV is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Grupo Simec SAB de CV kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Grupo Simec SAB de CV from 3/10/2020 amounting to 4.298 MXN, you needed to have the stock in your portfolio before the ex-date on 3/6/2020.

When did Grupo Simec SAB de CV pay the last dividend?

The last dividend was paid out on 3/10/2020.

What was the dividend of Grupo Simec SAB de CV in the year 2023?

In the year 2023, Grupo Simec SAB de CV distributed 0 MXN as dividends.

In which currency does Grupo Simec SAB de CV pay out the dividend?

The dividends of Grupo Simec SAB de CV are distributed in MXN.

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Andere Kennzahlen von Grupo Simec SAB de CV

Our stock analysis for Grupo Simec SAB de CV Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grupo Simec SAB de CV Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.