Grupo SIMEC SAB de CV

Grupo SIMEC SAB de CV

Grupo SIMEC SAB de CV

Overview
Date Founded

1934

Headquarters

Avenida Lázaro Cárdenas No. 601,Colonia La Nogalera,Guadalajara, Jalisco 44470

Type of Company

Public

Employees (Worldwide)

4,685

Industries

Metal Manufacturing & Products
Industrial Machinery & Manufacturing

Company Description

SIMEC has sought to maintain a conservative financial profile, reinvesting 100 percent of profits in steel industry-related projects, and has pursued a low debt and aggressive expansion policy, which has assured the company a healthy financial situation and solid positioning. Since 2001, has acquired companies that have established Simec's as a leading producer of special steels in Mexico and the United States, as well as in the rebar, merchant and structural shapes in Mexico. Due to our capacity to generate cash flow and the prepayment of debts with our own operating resources, SIMEC has maintained one of the strongest capital structures in the industry, as well as solid liquidity and financial ratios, since it was acquired by the present administration in 2001, up to today.

Contact Data
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Executives & Employees

Chief Executive Officer & Director

Chief Operating Officer

Coordinator of Finance

Board of Directors

Chief Executive Officer at Operadora de Manufacturera de Tubos SA de CV

Chief Executive Officer & Director at Grupo SIMEC SAB de CV

Independent Director at Grupo SIMEC SAB de CV

Secretary at La Comer SAB de CV

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Owners & Shareholders
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Operadora Inbursa de Fondos de Inversión SA de CV (Inbursa) is the investment advisory subsidiary of Grupo Financiero Inbursa SA de CV (MX: GFINBURO, ADR: GPFOY) in Mexico. The firm was established in 1995 and is headquartered in Mexico City. Inbursa provides investment advisory services to individuals and institutional investors.

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GBM Administradora is an active manager which invests through their funds in fixed-income and equity instruments.

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Operadora Inbursa de Fondos de Inversión SA de CV (Inbursa) is the investment advisory subsidiary of Grupo Financiero Inbursa SA de CV (MX: GFINBURO, ADR: GPFOY) in Mexico. The firm was established in 1995 and is headquartered in Mexico City. Inbursa provides investment advisory services to individuals and institutional investors.

Recent Transactions
Details Hidden

Industrias CH SA de CV, Grupo SIMEC SAB de CV purchase Aceros DM SA de CV

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Grupo SIMEC SAB de CV issued USD American Depositary Shares (ADS)

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Industrias CH SA de CV purchases Republic Steel Corp. (Ohio) from Republic Engineered Products Holdings LLC

Transaction Advisors
Investment Advisor

Advised onGrupo SIMEC SAB de CV purchases from ArcelorMittal SA

Global Coordinator

Advised onGrupo SIMEC SAB de CV issued USD American Depositary Shares (ADS)

Accountant

Advised onIndustrias CH SA de CV, Grupo SIMEC SAB de CV purchase Sidenor /Atlax Operations from Sidenor Industrial SL

Advisors & Consultants
Legal Advisor

Co-Chair, Latin America Practice at Greenberg Traurig LLP

Legal Advisor

Partner at Jones Day

Clients

Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the following three segments: Automotive, Mobility, and Ford Credit. The Automotive segment engages in developing, manufacturing, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and autonomous vehicles business. The Ford Credit segment comprises Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. The company was founded by Henry Ford on June 16, 1903 and is headquartered in Dearborn, MI.

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, Cruise and GM Financial. The company sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. General Motors was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

ZF TRW Automotive Holdings Corp. manufactured and supplied automotive systems, modules and components. The firm operated through the following segments: Chassis Systems, Occupant Safety Systems, Electronics, and Automotive Components. The Chassis Systems segment included active safety systems, foundation brakes, anti lock braking systems control, steering gears and systems, linkage, suspension and modules. The Occupant Safety Systems segment included passive safety systems and components in the areas of airbags, seat belts, crash sensors and steering wheels. The Electronics segment comprised of safety, radio frequency, chassis, power train electronics and driver assistance systems. The Automotive Components segment included engine valves, engineered fasteners, plastic components and body controls. The company was founded in 2002 and was headquartered in East Lansing, MI.

Key Stats and Financials As of 2020
Market Capitalization
$2.25B
Total Enterprise Value
$1.59B
Earnings Per Share
$0.44
Net Profit
$221M
EBITDA
$327M
Total Debt
$319K
Total Equity
$1.81B
Revenue
$1.9B
Three Year Compounded Annual Growth Rate Of Revenue
7.8%
Debt TEV
0x
TEVNet Income
7.17x
Enterprise Value EBITDAOperating
4.86x
Enterprise Value / Sales
0.83x
EBITDAMargin
17.17%
Suppliers
American Electric Power Co., Inc. Alternative Energy | Columbus, OH

American Electric Power Co., Inc. engages in the business of generation, transmission and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing. The Vertically Integrated Utilities segment engages in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The Transmission & Distribution Utilities segment engages in the business of transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The AEP Transmission Holdco segment engages in the development, construction and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation & Marketing segment engages in non-regulated generation and marketing, risk management and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.

Rio Tinto Plc Industrial Machinery & Manufacturing | London, United Kingdom

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

FirstEnergy Corporation IT Consulting & Services | Akron, OH

FirstEnergy (NYSE: FE) is a diversified energy company dedicated to safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems and a diverse generating fleet with a total capacity of more than 20,000 megawatts.

Competitors
ArcelorMittal SA Metal Manufacturing & Products - Luxembourg, Luxembourg

With 100 million tonnes of annual production capacity and 260,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. We are the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading research and development and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in more than 22 countries spanning four continents, the company covers all of the key steel markets, from emerging to mature

Commercial Metals Co. Metal Manufacturing & Products - Irving, TX

Commercial Metals Co. engages in the manufacture, recycling, and marketing of steel and metal products. It operates through the following segments: North America and Europe. The North America segment is a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Europe segment is a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The company was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.

Steel Dynamics, Inc. Metal Manufacturing & Products - Fort Wayne, Indiana

Steel Dynamics, Inc. (NASDAQ-STLD) is unique among American steel companies. Born as a three-man start-up in 1993, SDI is the youngest of America’s major steel companies. After going public in 1996, we grew quickly to become one of the nation’s major mini-mill producers of carbon steel. As we expanded our production capacity and introduced new products, our sales grew and strong earnings followed. We consistently lead the U.S. steel industry measured by profit margins and income per ton of steel shipped. Steel Dynamics has grown in steelmaking through the expansion of our existing facilities, the introduction of new products, and through acquisitions. We have also invested in businesses related to our core steel business, including upstream businesses that provide raw materials needed in steelmaking and a downstream business that fabricates steel products for the construction industry. These charts show how the diversification of our business and our expanded steel product offerings have contributed to our growth. Looking ahead, we believe the U.S. economy offers numerous opportunities for our continued growth

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