Grupo Simec, S.A.B. de C.V. is a Mexican enterprise primarily engaged in the fabrication, refinement, and sale of high-quality bar steel (SBQ) and various steel alloy commodities. Its market reach extends throughout Mexico, the United States, Brazil, Canada, and wider Latin America, supported by a substantial international distribution network. The company's comprehensive product lineup features items such as I-beams, channels, both structural and commercial angles, hot-rolled and cold-finished bars, flat bars, rebars, electro-welded wire mesh and panels, and wire rods. Additionally, they…
Consensus price target: $221.42 (+757.55% upside from $25.82)
| Fiscal year | Revenue | Revenue YoY | Net income |
|---|---|---|---|
| 2025 | $1.8B | 0% | $561.97M |
| 2024 | $1.8B | -18.34% | $561.97M |
| 2023 | $2.21B | -23.9% | $277.87M |
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