Luis Limon - Grupo Simec Chief Executive Officer, Director

SIM Stock  USD 32.93  0.00  0.00%   

CEO

Mr. Luis Garcia Limon serves as Chief Executive Officer, Director of Grupo Simec S.A.B. de C.V. since 2011. He has held CEO post since 1990 and he joined the Company Board in 2011. He has served at CSG since 1982. Between 1982 and 1990, he served as Chief Executive Officer of CSG. From 1978 to 1982, he acted as Operations Director of CSG. Between 1974 and 1978, he was General Manager of Moly Cop and Pyesa. From 1969 to1974, he was Engineering Manager of CSG, and from 1967 to 1969, he served as Director of Electrical Installations of a construction company. since 2011.
Age 72
Tenure 13 years
Address Calzada LAzaro CArdenas 601, Guadalajara, JA, Mexico, 44440
Phone52 3 337 706 700
Webhttps://www.gsimec.com.mx

Grupo Simec Management Efficiency

The company has Return on Asset of 0.0652 % which means that on every $100 spent on assets, it made $0.0652 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1121 %, implying that it generated $0.1121 on every 100 dollars invested. Grupo Simec's management efficiency ratios could be used to measure how well Grupo Simec manages its routine affairs as well as how well it operates its assets and liabilities. As of the 5th of May 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Grupo Simec's Non Currrent Assets Other are very stable compared to the past year. As of the 5th of May 2024, Total Current Assets is likely to grow to about 47.1 B, while Total Assets are likely to drop about 43.2 B.
The company has 5.1 M in debt. Grupo Simec SAB has a current ratio of 3.87, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Grupo Simec until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo Simec's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grupo Simec SAB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo Simec's use of debt, we should always consider it together with cash and equity.

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Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V. Grupo Simec operates under Steel classification in the United States and is traded on AMEX Exchange. It employs 5290 people. Grupo Simec SAB (SIM) is traded on NYSE MKT Exchange in USA. It is located in Calzada LAzaro CArdenas 601, Guadalajara, JA, Mexico, 44440 and employs 4,259 people. Grupo Simec is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Grupo Simec SAB Leadership Team

Elected by the shareholders, the Grupo Simec's board of directors comprises two types of representatives: Grupo Simec inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grupo. The board's role is to monitor Grupo Simec's management team and ensure that shareholders' interests are well served. Grupo Simec's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Grupo Simec's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lourdes Malo, Corporate Director of Legal Affairs
Marcos Rodarte, Chief Sales Officer and Director of Marketing and Sales
Rufino Gonzalez, Chairman of the Board
Rodolfo Parada, Independent Director
Mario Cortez, Coordinator of Finance
Engineer Gonzalez, Chairman CEO
Marcelo Anaya, External Auditor
Armando Granados, Chief Officer
Luis Limon, Chief Executive Officer, Director
Juan Macias, Chief Operating Officer
Raul Trejo, Independent Director
L Malo, Corporate Secretary
Gerardo Guzman, Independent Director

Grupo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Grupo Simec a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Grupo Simec SAB is a strong investment it is important to analyze Grupo Simec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Simec's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
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Is Grupo Simec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.415
Earnings Share
2
Revenue Per Share
218.882
Quarterly Revenue Growth
(0.39)
Return On Assets
0.0652
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.