The price/operating cash flow metric for Group Simec Sa De Cv is higher than just 3.37% of stocks in our set with a positive cash flow.
The ratio of debt to operating expenses for Group Simec Sa De Cv is higher than it is for about just 5.18% 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 150.8%, greater than the shareholder yield of 97.42% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Group Simec Sa De Cv, a group of peers worth examining would be MIXT, ASFI, ANAT, MSN, and TLF.
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. More precisely, our analysis suggests the stock is undervalued by approximately 5969.33% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Group Simec Sa De Cv, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Notably, its equity weight is greater than 98.95% of US equities in the Basic Materials sector yielding a positive free cash flow.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately only 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 64.88% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SIM, try BTG, AVTR, ITP, DOW, and FRTA.
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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