Grupo Simec S.A.B. de C.V (SIMECB) - Net Assets

Latest as of September 2025: MX$59.96 Billion MXN ≈ $3.45 Billion USD

Based on the latest financial reports, Grupo Simec S.A.B. de C.V (SIMECB) has net assets worth MX$59.96 Billion MXN (≈ $3.45 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$71.36 Billion ≈ $4.11 Billion USD) and total liabilities (MX$11.40 Billion ≈ $656.25 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Grupo Simec S.A.B. de C.V balance sheet assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$59.96 Billion
% of Total Assets	84.02%
Annual Growth Rate	18.17%
5-Year Change	73.14%
10-Year Change	135.82%
Growth Volatility	49.84

Grupo Simec S.A.B. de C.V - Net Assets Trend (2000–2024)

This chart illustrates how Grupo Simec S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Grupo Simec S.A.B. de C.V market capitalisation.

Annual Net Assets for Grupo Simec S.A.B. de C.V (2000–2024)

The table below shows the annual net assets of Grupo Simec S.A.B. de C.V from 2000 to 2024. Explore Grupo Simec S.A.B. de C.V cash flow conversion to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	MX$59.24 Billion ≈ $3.41 Billion	+18.95%
2023-12-31	MX$49.81 Billion ≈ $2.87 Billion	+3.77%
2022-12-31	MX$47.99 Billion ≈ $2.76 Billion	+12.60%
2021-12-31	MX$42.62 Billion ≈ $2.45 Billion	+24.57%
2020-12-31	MX$34.22 Billion ≈ $1.97 Billion	+4.93%
2019-12-31	MX$32.61 Billion ≈ $1.88 Billion	-8.16%
2018-12-31	MX$35.51 Billion ≈ $2.04 Billion	+4.06%
2017-12-31	MX$34.12 Billion ≈ $1.96 Billion	+2.75%
2016-12-31	MX$33.21 Billion ≈ $1.91 Billion	+32.20%
2015-12-31	MX$25.12 Billion ≈ $1.45 Billion	-9.57%
2014-12-31	MX$27.78 Billion ≈ $1.60 Billion	+5.73%
2013-12-31	MX$26.27 Billion ≈ $1.51 Billion	+2.37%
2012-12-31	MX$25.67 Billion ≈ $1.48 Billion	+5.76%
2011-12-31	MX$24.27 Billion ≈ $1.40 Billion	+18.63%
2010-12-31	MX$20.46 Billion ≈ $1.18 Billion	-7.00%
2009-12-31	MX$22.00 Billion ≈ $1.27 Billion	+3.25%
2008-12-31	MX$21.31 Billion ≈ $1.23 Billion	+23.50%
2007-12-31	MX$17.25 Billion ≈ $992.86 Million	+37.96%
2006-12-31	MX$12.51 Billion ≈ $719.67 Million	+30.72%
2005-12-31	MX$9.57 Billion ≈ $550.55 Million	+45.30%
2004-12-31	MX$6.58 Billion ≈ $378.90 Million	+42.31%
2003-12-31	MX$4.63 Billion ≈ $266.25 Million	+23.79%
2002-12-31	MX$3.74 Billion ≈ $215.09 Million	+246.59%
2000-12-31	MX$1.08 Billion ≈ $62.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grupo Simec S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 6239.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$52.87 Billion	89.29%
Other Components	MX$6.34 Billion	10.71%
Total Equity	MX$59.21 Billion	100.00%

Grupo Simec S.A.B. de C.V Competitors by Market Cap

The table below lists competitors of Grupo Simec S.A.B. de C.V ranked by their market capitalization.

Company	Market Cap
Arkema SA PA:AKE	$4.83 Billion
Xinjiang Tianshan Cement Co Ltd SHE:000877	$4.83 Billion
Pampa Energia SA BA:PAMP	$4.83 Billion
Sai Gon Thuong Tin Commercial Joint Stock Bank VN:STB	$4.83 Billion
INTERCORP FIN.SERV. O.N. F:9IFA	$4.82 Billion
Farsoon Technology Co. Ltd. A SHG:688433	$4.81 Billion
Telephone and Data Systems Inc NYSE:TDS	$4.80 Billion
Mirion Technologies Inc NYSE:MIR	$4.80 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Simec S.A.B. de C.V's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 49,780,624,000 to 59,213,788,000, a change of 9,433,164,000 (18.9%).
Net income of 10,487,819,000 contributed positively to equity growth.
Share repurchases of 126,495,000 reduced equity.
Other factors decreased equity by 928,160,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$10.49 Billion	+17.71%
Share Repurchases	MX$126.50 Million	-0.21%
Other Changes	MX$-928.16 Million	-1.57%
Total Change	MX$-	18.95%

Book Value vs Market Value Analysis

This analysis compares Grupo Simec S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.42x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.63x to 1.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$69.29	MX$182.00	x
2018-12-31	MX$76.79	MX$182.00	x
2019-12-31	MX$70.23	MX$182.00	x
2020-12-31	MX$73.81	MX$182.00	x
2021-12-31	MX$92.06	MX$182.00	x
2022-12-31	MX$103.77	MX$182.00	x
2023-12-31	MX$107.82	MX$182.00	x
2024-12-31	MX$128.45	MX$182.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Simec S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 17.71%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 31.16%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.24x
Recent ROE (17.71%) is above the historical average (9.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	3.28%	5.59%	0.40x	1.45x	MX$-250.96 Million
2003	6.33%	10.52%	0.46x	1.30x	MX$-169.64 Million
2004	21.36%	24.75%	0.64x	1.36x	MX$748.04 Million
2005	16.36%	9.87%	0.89x	1.87x	MX$494.58 Million
2006	20.35%	9.27%	1.30x	1.69x	MX$1.07 Billion
2007	10.29%	6.34%	1.06x	1.54x	MX$42.87 Million
2008	9.88%	5.10%	1.14x	1.69x	MX$-22.18 Million
2009	6.52%	6.56%	0.64x	1.56x	MX$-676.74 Million
2010	4.84%	3.68%	0.91x	1.45x	MX$-963.79 Million
2011	12.95%	9.78%	0.94x	1.42x	MX$652.70 Million
2012	8.69%	7.01%	0.91x	1.36x	MX$-311.59 Million
2013	6.08%	6.22%	0.73x	1.33x	MX$-978.12 Million
2014	4.45%	4.49%	0.75x	1.33x	MX$-1.50 Billion
2015	-4.57%	-4.96%	0.76x	1.21x	MX$-3.87 Billion
2016	8.66%	10.48%	0.66x	1.25x	MX$-446.70 Million
2017	5.03%	6.00%	0.63x	1.33x	MX$-1.70 Billion
2018	10.20%	10.24%	0.73x	1.36x	MX$70.11 Million
2019	-5.02%	-4.79%	0.78x	1.35x	MX$-4.89 Billion
2020	12.23%	11.62%	0.77x	1.37x	MX$760.89 Million
2021	24.02%	18.39%	0.98x	1.33x	MX$5.97 Billion
2022	16.06%	14.22%	0.80x	1.41x	MX$2.91 Billion
2023	8.60%	10.41%	0.62x	1.34x	MX$-695.16 Million
2024	17.71%	31.16%	0.46x	1.24x	MX$4.57 Billion

Industry Comparison

This section compares Grupo Simec S.A.B. de C.V's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $13,344,640,500
Average return on equity (ROE) among peers: 10.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grupo Simec S.A.B. de C.V (SIMECB)	MX$59.96 Billion	3.28%	0.19x	$4.82 Billion
G Collado S.A.B. de C.V (COLLADO)	$702.72 Million	0.00%	5.31x	$86.35 Million
Gerdau S.A (GGBN)	$42.82 Billion	36.34%	0.72x	$5.56 Billion
Industrias CH S. A. B. de C. V (ICHB)	$4.13 Billion	8.15%	0.20x	$3.86 Billion
Companhia Siderúrgica Nacional (SIDN)	$5.73 Billion	-1.83%	7.68x	$1.76 Billion

About Grupo Simec S.A.B. de C.V

MX:SIMECB Mexico Steel

Market Cap

$4.82 Billion

MX$83.78 Billion MXN

Market Cap Rank

#3677 Global

#47 in Mexico

Share Price

MX$182.00

Change (1 day)

+0.00%

52-Week Range

MX$167.00 - MX$182.00

All Time High

MX$230.98