Grupo Return On Assets from 2010 to 2024
| SIM Stock | USD 25.77 1.43 5.26% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.07623757 | Current Value 0.041 | Quarterly Volatility 0.0673539 |
Check Grupo Simec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Simec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 756.5 M, Total Revenue of 30.5 B or Gross Profit of 11.2 B, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0427 or PTB Ratio of 2.17. Grupo financial statements analysis is a perfect complement when working with Grupo Simec Valuation or Volatility modules.
Grupo | Return On Assets |
Latest Grupo Simec's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Grupo Simec SAB over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Grupo Simec's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Simec's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Grupo Return On Assets Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.06 | |
| Coefficient Of Variation | 138.87 | |
| Mean Deviation | 0.04 | |
| Median | 0.06 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2967 | |
| R-Value | 0.42 | |
| Mean Square Error | 0 | |
| R-Squared | 0.18 | |
| Significance | 0.12 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.06 |
Grupo Return On Assets History
About Grupo Simec Financial Statements
Grupo Simec investors utilize fundamental indicators, such as Return On Assets, to predict how Grupo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.08 | 0.04 |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.749 | Earnings Share 2.77 | Revenue Per Share 217.976 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0467 |
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.