Grupo Simec SAB de CV
BMV:SIMECB

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Grupo Simec SAB de CV
BMV:SIMECB
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Price: 184.5 MXN Market Closed
Market Cap: 91.8B MXN
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Gross Margin
Grupo Simec SAB de CV

26%
Current
26%
Average
17.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
26%
=
Gross Profit
8.7B
/
Revenue
33.6B

Gross Margin Across Competitors

Country MX
Market Cap 91.8B MXN
Gross Margin
26%
Country ZA
Market Cap 105.8B Zac
Gross Margin
90%
Country BR
Market Cap 234.2B BRL
Gross Margin
39%
Country AU
Market Cap 56.6B AUD
Gross Margin
52%
Country AU
Market Cap 33.8B EUR
Gross Margin
52%
Country US
Market Cap 27.6B USD
Gross Margin
16%
Country IN
Market Cap 2.2T INR
Gross Margin
33%
Country CN
Market Cap 157.3B CNY
Gross Margin
5%
Country IN
Market Cap 1.7T INR
Gross Margin
57%
Country JP
Market Cap 3.2T JPY
Gross Margin
16%
Country LU
Market Cap 18.2B EUR
Gross Margin
0%
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Grupo Simec SAB de CV
Glance View

Market Cap
91.8B MXN
Industry
Metals & Mining

Grupo Simec SAB de CV is a prominent player in the steel manufacturing industry, rooted deeply in the economic tapestry of Mexico. Established over several decades, Grupo Simec has evolved from a local steel concern into a dynamic entity crafting an expansive array of value-added steel products, including reinforcing bars, structural shapes, and specialty steel items. The company steadfastly operates across multiple facilities, leveraging a blend of traditional manufacturing expertise and modern technological advancements to satiate the diverse needs of the construction, infrastructure, and manufacturing sectors. Its vertical integration strategy, encompassing raw material procurement, production, and distribution, fosters greater control over the value chain and nurtures a competitive edge in the market. To thrive financially, Grupo Simec capitalizes on its capabilities in efficiently producing and distributing steel products while maintaining stringent quality standards that attract and retain clients. The strategic geographic positioning of its plants, both domestically in Mexico and farther north in the United States, allows it to nimbly navigate and capitalize on cross-border trade dynamics and local demand fluctuations. By responding adeptly to market needs and implementing operational efficiencies, Grupo Simec successfully generates revenue through both direct sales and long-term supply agreements, cementing its position as a key supplier in the broader steel ecosystem. Such strategic maneuvering ensures financial sustainability and positions it to capture opportunities in a continuously evolving global market.

SIMECB Intrinsic Value
99.35 MXN
Overvaluation 46%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
26%
=
Gross Profit
8.7B
/
Revenue
33.6B
What is the Gross Margin of Grupo Simec SAB de CV?

Based on Grupo Simec SAB de CV's most recent financial statements, the company has Gross Margin of 26%.