National Steel Company (SID) vs Grupo Simec, S.A. de C.V. (SIM)

National Steel Company 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 $1.5B — 3.4× the size. National Steel Company has negative trailing earnings, so its P/E is not meaningful; Grupo Simec, S.A. de C.V. trades at 24.0×. National Steel Company grew revenue faster over the last twelve months: 9.26% against 7.58%. Grupo Simec, S.A. de C.V. has the higher net margin (11.2% vs −5.61%) and the higher return on invested capital (9.61% vs 3.18%). Across the 20 metrics below, Grupo Simec, S.A. de C.V. leads on 11 and National Steel Company on 9.

Valuation

Metric SID SIM Steel median
P/E n/m 24.04 21.10
P/S 0.17 2.78 0.70
P/B 0.48 1.39 1.39
Price to free cash flow n/m n/m 23.71
EV/EBITDA 6.66 9.19 10.71
EV/Sales 1.08 1.88 0.85
Earnings yield (30.91%) 4.16% 4.56%
Free cash flow yield (86.32%) (1.22%) 0.00%

Profitability

Metric SID SIM Steel median
Gross margin 27.75% 25.34% 13.91%
Operating margin 6.41% 16.91% 4.77%
Net margin (5.61%) 11.21% 3.40%
Free cash flow margin (13.90%) (3.37%) 0.00%
Return on equity (15.97%) 6.01% 2.21%
Return on assets (2.54%) 5.03% 1.83%
Return on invested capital 3.18% 9.61% 2.52%

Growth

Metric SID SIM Steel median
Revenue growth (TTM) 9.26% 7.58% 11.33%
EPS growth (last fiscal year) 25.00% (87.37%) —
Revenue growth, 5-year CAGR 6.59% (1.23%) 6.73%
Net income growth, 5-year CAGR 0.00% (9.86%) 0.00%

Health

Metric SID SIM Steel median
Debt to equity 3.50 0.00 0.22
Current ratio 1.15 5.78 2.58
Net debt to EBITDA 4.48 (4.54) 0.10

Dividend

Metric SID SIM Steel median
Dividend yield 14.27% — 2.48%
Payout ratio 5.08 0.00 0.04

Size

Metric SID SIM Steel median
Market cap 1.46b 4.96b 1.46b

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