SIM · AMEX · Steel

Grupo Simec (ADR) (SIM)

Produces engineered bar steel and construction long products across Mexico and Brazil.

$26.20
vs last close+0.20 (+0.77%)
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Grupo Simec, S.A.B. de C.V.SIM
Materials

Sells special bar quality steel and engineered bars to automotive and industrial users, and rebar, wire and structural products to construction markets. Revenue comes primarily from volume-based steel sales from Mexican and Brazilian facilities, while U.S. production remains inactive.

Manufactures and commercializes special bar quality steel and engineered bars for automotive and industrial uses, alongside structural and commercial long products, rebar, wire rod and wire products for construction. Operations center on Mexico and Brazil, with Mexican exports reaching the United States, Central and South America and Europe; limited U.S. commercial activity is supplied from Mexico.

Combines electric-arc mini-mills with integrated steelmaking assets and emphasizes cost improvement, higher-value products, customer relationships, acquisitions and reinvestment in capacity and efficiency. Competition turns on price, quality, delivery responsiveness, freight and, for special bar quality steel, chemistry, processing precision and customer certification. Demand follows construction, automotive and industrial markets, while scrap, energy, trade remedies, labor arrangements and Industrias CH/Vigil family control are ongoing operating dependencies.

Company facts

CEOSergio Vigil González
ListedJul 1, 1993
ExchangeAMEX
HeadquartersGuadalajara, Mexico
CountryMexico
Employees4,443
CIK0000887153
ISINUS4004911065

Market cap$4.33B
EPS (ttm)$1.28
P/E (ttm)20.35
ROE7.1%
P/B1.22
P/S1.38
Dividend yieldDiv yield
Beta0.31vs XLB 0.17

No analyst consensus on record.

Next report
Nov 3, 26
estimated · in 42 days
EPS estimate
$0.40
Revenue estimate
$570.5M
Fiscal quarter
Q2 FY26

EPSReportedEstimate

Oct '24Feb '25May '25Jul '25Oct '25May '26Jul '26Nov '26
Reported$1.00$0.87$0.38−$0.31$0.15$0.59$0.21Pending
Estimate$0.46$0.44$0.44$0.40$0.40
Surprise+118.3%+95.7%+32.7%−48.0%

RevenueReportedEstimate

Oct '24Feb '25May '25Jul '25Oct '25May '26Jul '26Nov '26
Reported$8.55B$8.83B$7.78B$7.05B$7.49B$1.68B$449.2MPending
Estimate$569.9M$570.5M$570.5M
Surprise+194.8%−21.3%
Estimate$0.40
ReportedDue Nov 3, 2026
Estimate$570.5M
ReportedDue Nov 3, 2026
View details

Debt to equity0.00%
Current ratio577.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$494.5M$510.8M$450.2M$408.0M$433.0M$1.75B$464.6M$471.7M
Net income$182.3M$110.0M$75.5M−$57.9M$26.5M$88.7M$98.7M$35.3M
Net margin36.9%21.5%16.8%0.0%6.1%5.1%21.2%7.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$88.2M−$256.9M$82.5M$69.3M$67.1M$310.4M$84.8M$75.1M
YoY growthTurned loss+0.8%−17.7%−23.9%Turned profit+2.7%+8.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.59B · Total debt $305.9K · Total assets $4.22B · Shareholders' equity $3.54B

Revenue
$471.7M
Operating income
$75.1M
Net income
$35.3M

Reported in MXN, converted at the latest exchange rate

View details

No dividends on record.

Institutions0.15%245.2K ADS
12 holders · as of Jun 30, 2026
Other99.85%165.66M ADS
remainder

165.90M ADS as of Sep 18, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Renaissance Technologies LLCInstitution
0.12%206,124 ADSas of Jun 30, 2026
Susquehanna International Group, LLPInstitution
0.01%21,395 ADSas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
0.01%14,169 ADSas of Jun 30, 2026
Acadian Asset Management LLCInstitution
0.00%1,124 ADSas of Jun 30, 2026
BlackRock, Inc.Institution
0.00%874 ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Gerdau (ADR)

    Cross-border leader in rebar, structural steel and SBQ.

  • ArcelorMittal (ADR)

    Broad Mexican rebar and Brazilian long-steel competition.

  • Ternium (ADR)

    Mexican rebar and Brazilian steel rivalry across construction.

  • CSN (ADR)

    Brazilian long-steel pressure in construction and industrial demand.

  • Commercial Metals

    Rebar, merchant bar and wire rod pressure at the northern frontier.

  • Nucor

    Northern Mexico and SBQ overlap through bar and structural steel.

Compare

CompanyPriceChange
Grupo Simec (ADR)$26.20+0.77%$4.33B20.411.91.4−94.2%
Gerdau (ADR)$5.04+0.70%$9.88B22.810.10.7+10.1%
ArcelorMittal (ADR)$74.10+2.14%$55.21B30.70.9+5.2%
Ternium (ADR)$56.83−0.03%$11.16B15.77.90.7+10.0%
CSN (ADR)$1.20+2.56%$1.55B0.2+14.1%
Commercial Metals$64.99+1.58%$7.08B12.09.20.8+22.9%
Nucor$245.00+1.07%$55.20B19.311.51.5+23.0%
Median19.39.60.8+12.1%