Mechel PAO (MTL) vs Grupo Simec, S.A. de C.V. (SIM)

Mechel PAO and Grupo Simec, S.A. de C.V. are both Steel companies. Grupo Simec, S.A. de C.V. is the larger, with a market value of $5.0B against $1.2B — 4.1× the size. Mechel PAO trades at the lower P/E: 0.8× against 24.0×. Mechel PAO grew revenue faster over the last twelve months: 48.0% against 7.58%. Mechel PAO has the higher net margin (20.0% vs 11.2%) and the lower return on invested capital (0.00% vs 9.61%). Across the 20 metrics below, Mechel PAO leads on 15 and Grupo Simec, S.A. de C.V. on 5.

Valuation

Metric MTL SIM Steel median
P/E 0.84 24.04 21.10
P/S 0.10 2.78 0.70
P/B n/m 1.39 1.39
Price to free cash flow 0.50 n/m 23.71
EV/EBITDA 2.62 9.19 10.71
EV/Sales 0.78 1.88 0.85
Earnings yield 119.61% 4.16% 4.56%
Free cash flow yield 201.98% (1.22%) 0.00%

Profitability

Metric MTL SIM Steel median
Gross margin 44.30% 25.34% 13.91%
Operating margin 0.00% 16.91% 4.77%
Net margin 20.04% 11.21% 3.40%
Free cash flow margin 23.08% (3.37%) 0.00%
Return on equity (40.08%) 6.01% 2.21%
Return on assets 37.90% 5.03% 1.83%
Return on invested capital 0.00% 9.61% 2.52%

Growth

Metric MTL SIM Steel median
Revenue growth (TTM) 48.03% 7.58% 11.33%
EPS growth (last fiscal year) 10,700.00% (87.37%) —
Revenue growth, 5-year CAGR 5.72% (1.23%) 6.73%
Net income growth, 5-year CAGR 59.28% (9.86%) 0.00%

Health

Metric MTL SIM Steel median
Debt to equity (1.81) 0.00 0.22
Current ratio 0.32 5.78 2.58
Net debt to EBITDA 2.26 (4.54) 0.10

Dividend

Metric MTL SIM Steel median
Dividend yield — — 2.48%
Payout ratio 0.00 0.00 0.04

Size

Metric MTL SIM Steel median
Market cap 1.21b 4.96b 1.46b

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