Grupo Simec, S.A. de C.V. (SIM) vs Worthington Steel, Inc. (WS)

Grupo Simec, S.A. de C.V. and Worthington Steel, Inc. are both Steel companies. Grupo Simec, S.A. de C.V. is the larger, with a market value of $4.6B against $2.0B — 2.3× the size. Worthington Steel, Inc. has negative trailing earnings, so its P/E is not meaningful; Grupo Simec, S.A. de C.V. trades at 23.3×. Worthington Steel, Inc. grew revenue faster over the last twelve months: 69.1% against 7.58%. Grupo Simec, S.A. de C.V. has the higher net margin (11.2% vs −0.72%) and the higher return on invested capital (9.61% vs 0.11%). Across the 18 metrics below, Grupo Simec, S.A. de C.V. leads on 11 and Worthington Steel, Inc. on 7.

Valuation

Metric SIM WS Steel median
P/E 23.29 n/m 20.82
P/S 2.69 0.37 0.73
P/B 1.35 1.21 1.24
Price to free cash flow n/m 24.18 25.52
EV/EBITDA 8.77 40.26 9.90
EV/Sales 1.79 0.74 0.91
Earnings yield 4.29% (1.49%) 4.44%
Free cash flow yield (1.25%) 4.14% 0.00%

Profitability

Metric SIM WS Steel median
Gross margin 25.34% 10.37% 13.91%
Operating margin 16.91% 0.12% 4.77%
Net margin 11.21% (0.72%) 3.40%
Free cash flow margin (3.37%) 1.55% 0.00%
Return on equity 6.01% (2.67%) 2.21%
Return on assets 5.03% (0.93%) 1.83%
Return on invested capital 9.61% 0.11% 2.52%

Growth

Metric SIM WS Steel median
Revenue growth (TTM) 7.58% 69.13% 15.09%
EPS growth (last fiscal year) (87.37%) (84.47%) (18.80%)
Revenue growth, 5-year CAGR (1.23%) — 6.73%
Net income growth, 5-year CAGR (9.86%) — 0.00%

Health

Metric SIM WS Steel median
Debt to equity 0.00 1.35 0.25
Current ratio 5.78 1.81 2.58
Net debt to EBITDA (4.54) 2.15 0.10

Dividend

Metric SIM WS Steel median
Dividend yield — 1.61% 1.30%
Payout ratio — 1.81 0.48

Size

Metric SIM WS Steel median
Market cap 4.64b 2.01b 1.53b

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