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SIM · NYSE · United States · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
In shortGRUPO SIMEC, S.A.B. de C.V. is profitable, generates cash and holds more cash than debt, with revenue shrinking (−18.2% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 31.2% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 19.2% | 96/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.56× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 10.2% | 61/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.33× | 3/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 31.3% | 0/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | -15.4% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
MXN millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 35,869 | 55,620 | 54,159 | 41,139 | 33,658 |
| Cost of revenue | 29,212 | 39,968 | 39,684 | 31,100 | 26,033 |
| Gross profit | 6,658 | 15,652 | 14,475 | 10,039 | 7,625 |
| Selling, general & admin | – | 42,011 | 42,141 | 33,417 | 28,635 |
| Interest expense | 54 | 87 | 56 | 154 | 3.7 |
| Pre-tax income | 4,876 | 13,836 | 11,161 | 6,014 | 12,541 |
| Income tax | 2,078 | 4,390 | 3,300 | 1,740 | – |
| Net income | (2,798) | 9,444 | 7,863 | 4,283 | 10,488 |
| Diluted EPS | MXN6.04 | – | – | – | – |
| Diluted shares (millions) | 0.5 | 463 | 462 | 462 | 461 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated May 15, 2025