MARKETS / NYSE / SIM
NYSE · STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) · LARGE CAP

Grupo Simec, S.a.b. de C.v. SIM

9 fiscal years on record · MXN · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
MXN 33.7B
▼ 18.2% vs FY2023
EPS · FY24
MXN 22.71
Dividend / sh · FY24
Payout · FY24
ROE · FY24
19.2%
Net margin · FY24
31.2%
Dividend coverage
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Result
MXN 33.7B
Revenue, FY2024 · full 9-year series below
Revenue Net income
20406033.710.52016201920222024
20406033.710.52016201920222024

31 cents of every revenue dollar became profit this year.

Per share
MXN 22.71
Diluted EPS, FY2024
EPS
8162422.712016201920222024
8162422.712016201920222024

The company pays no cash dividend.

Profitability
19.2%
Return on equity, FY2024
ROE
816243219.2%2016201920222024
816243219.2%2016201920222024
Operating margin
Net margin31.2%
Return on assets15.0%

Each MXN of equity produced 19 cents of profit this year.

Returned to shareholders
MXN 126.5M
returned in FY2024 · dividends + net buybacks
Dividends paid
Net buybacksMXN 126.5M
Share of profit1.2%
Consecutive raises

MXN 126.5M in buybacks — 1% of the year's profit went back to shareholders.

Growth
−0.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−15.4%
−0.3%
Net income
+3.6%
+44.9%
Returned to shareholders
+19.3%
−4.1%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.46B
Shares outstanding, FY2024
0.500.462016201920222024
0.500.462016201920222024
Change, 5 years−1.1%
Change, 10 years

The share count shrank 1% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
MXN 73.3B
total assets, end of FY2024
Total assetsMXN 73.3B
EquityMXN 59.2B
CashMXN 29.2B
Current ratio4.56×

Equity funds 81% of total assets.

History
9 fiscal years
Every figure from documents filed with the SEC · MXN
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue MXN B
33.7
41.1
54.2
55.6
35.9
34.2
35.7
28.7
27.5
Operating income MXN B
·
·
·
·
·
·
·
·
·
EBITDA MXN B
·
·
·
·
·
·
·
·
·
Income tax MXN B
·
1.7
3.3
4.4
2.1
3.3
0.8
1.1
0.9
Net income MXN B
10.5
4.3
7.9
9.4
−2.8
1.6
3.7
1.9
2.9
EPS, diluted MXN
22.71
9.28
17.00
20.41
−6.04
3.52
·
·
·
Dividend / sh MXN
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
−71
·
·
·
·
ROE %
19.2
8.8
17.5
25.3
−8.5
4.8
10.4
5.5
·
Shares out B
0.46
0.46
0.46
0.46
0.46
0.47
0.47
0.49
0.50

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
32 of 32
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed