Grupo Simec S.A.B. De C.V. is in the steel industry and is part of the basic materials sector. The company CEO is Luis Garcia Limon. Grupo Simec SAB de CV is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products. It also offers hot rolled bars, cold finished bars, semi-finished tube rounds and other semi-finished trade products.



Previous Intraday Performance:

The SIM shares had a previous change of 1.94% which opened at 8.37 and closed at 8.41. It moved to an intraday high of 8.41 and a low of 8.33.

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Historical Performance:

Over the last five trading days, SIM shares returned 9.79% and in the past 30 trading days it returned -7.07%. Over three months, it changed -1.98%. In one year it has changed -7.89% and within that year its 52 week high was 10.64 and its 52 week low was 7.36. SIM stock is 14.27% above its 52 week low.

Our calculations result in a 200 day moving average of 9.02 and a 50 day moving average of 8.78. Right now, SIM stock is trading -6.81% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

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Liquidity:

The company has a market cap of $1.4b with 164.6m shares outstanding and a float of 164.6m shares. Trading volume was 414 shares and has experienced an average volume of 1,870 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Grupo Simec S.A.B. De C.V. was 1.1 which ended on 31st of December 2018, which according to the previous close, that is a PE of 7.65. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.00.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-01-2019: 0.31
4thQtr 2018Reported 10-26-2018: 0.10
3rdQtr 2018Reported 07-23-2018: 0.44
2ndQtr 2018Reported 03-08-2018: 0.20
1stQtr 2018 0.22

Base on our calculations, the intrinsic value per share is 13.78, which means it might be undervalued and has a margin of safety of 38.97%.

The growth of the EPS is critical in understanding the current valuation of Grupo Simec S.A.B. De C.V.; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 24.40% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 0.20% of institutional ownership. Short-interest was 4,609, which was 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.54.

The beta was calculated to be 0.82.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 8.55%, profit margin is 8.99%, price-to-sales is 0.74 and price-to-book is 0.75.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 4  : Valuation Result
 0  : Dividend Safety Result
 4  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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