Price to trailing twelve month operating cash flow for SIM is currently 0.33, higher than only 3.44% of US stocks with positive operating cash flow.
The ratio of debt to operating expenses for Group Simec Sa De Cv is higher than it is for about merely 5.43% of US stocks.
Group Simec Sa De Cv's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 153.65%, greater than the shareholder yield of 97.38% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Group Simec Sa De Cv are MIXT, ANAT, MSN, TLF, and NWLI.
Grupo Simec, S.A.B. de C.V. American Depositary Shares (SIM) Company Bio
Grupo Simec, S.A.B. de C.V., together with its subsidiaries, manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Canada, Latin America, Europe, and Asia. The company was founded in 1969 and is based in Guadalajara, Mexico.
SIM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Group Simec Sa De Cv with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Group Simec Sa De Cv ranked in the 95th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 5809.67%. In terms of the factors that were most noteworthy in this DCF analysis for SIM, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Its equity weight surpasses that of 98.95% of free cash flow generating stocks in the Basic Materials sector.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately just 1.84% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
SIM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 65.04% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BTG, AVTR, ITP, DOW, and BAK can be thought of as valuation peers to SIM, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Grupo Simec, S.A.B. de C.V. (NYSE: SIM, BMV: SIMEC-B) (the "Company") announces that on May 18, 2020, as a result of its failure to timely file with the Securities and Exchange Commission ("SEC") its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 (the "Form 20-F"), it received a notice from the NYSE American LLC (the "NYSE" or the "Exchange") stating that the Company is not in compliance with the NYSE continued listing standards. The letter from the NYSE also notes that, as a result, the Company is now subject to the procedures and requirements set forth in Section 1007 of the NYSE American Company Guide.
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