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Grupo SimecB de CVMEX:SIMECB +5.88%67 Interest Coverage is 42.08 as of Jun. 2026, which is 66% below its 10-year median of 125.30. GuruFocus rates MEX:SIMECB with a GF Score™ of 67/100 and a GF Value™ of MXN267.56 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 458 Steel companies, Grupo SimecB de CV ranks better than 84.06% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Grupo SimecB de CV's
Operating Income
for the
three
months ended in Jun. 2026 was MXN1,298 Mil. Grupo SimecB de CV's Interest Expense for the
three
months ended in Jun. 2026 was MXN-31 Mil.
Grupo SimecB de CV's interest coverage for the quarter that ended in Jun. 2026 was 42.08.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Grupo SimecB de CV's Interest Coverage or its related term are showing as below:
MEX:SIMECB'
s Interest Coverage Range Over the Past 10 Years
Min: 42.21 Med: 125.3 Max: 1425.09
Current: 44.27
MEX:SIMECB's Interest Coverage is ranked better than 84.06% of 458
companies
in the Steel industry
Industry Median: 4.49
vs MEX:SIMECB: 44.27
Grupo SimecB de CV (MEX:SIMECB) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Grupo SimecB de CV Interest Coverage Related Terms
Grupo SimecB de CV Interest Coverage Historical Data
* Premium members only.
The historical data trend for Grupo SimecB de CV's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:SIMECB vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Grupo SimecB de CV's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Grupo SimecB de CV Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Grupo SimecB de CV's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Grupo SimecB de CV (MEX:SIMECB) has a Interest Coverage of 42.08 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grupo SimecB de CV and its competitors. This is 66% below median its historical median of 125.30. Over the past decade, Grupo SimecB de CV's Interest Coverage has ranged from 42.21 to 1,425.09. According to the industry distribution chart, Grupo SimecB de CV ranks #73 out of 458 companies in the Steel industry, placing it in the top 15.9%.
Is Grupo SimecB de CV's Interest Coverage too high?
Grupo SimecB de CV's current Interest Coverage of 42.08 is 66% below median its 10-year median of 125.30. Over the past 10 years, this metric has ranged from a low of 42.21 to a high of 1,425.09. The Steel industry median Interest Coverage is 4.49. Grupo SimecB de CV's value of 42.08 is 837.2% above this industry median. Based on the distribution chart, Grupo SimecB de CV ranks #73 out of 458 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo SimecB de CV has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grupo SimecB de CV's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Grupo SimecB de CV ranks #73 out of 458 companies for Interest Coverage. This places Grupo SimecB de CV in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.49. Grupo SimecB de CV's value of 42.08 is 837.2% above this benchmark. Historically, Grupo SimecB de CV's own Interest Coverage has ranged from 42.21 to 1,425.09 over the past decade. While the company's 10-year median is 125.30 vs. the industry median of 4.49, Grupo SimecB de CV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.49, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grupo SimecB de CV's current Interest Coverage of 42.08 is 837.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grupo SimecB de CV and its competitors. For the Steel industry, the median Interest Coverage is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo SimecB de CV's current Interest Coverage is 42.08, which is 66% below median its own 10-year median of 125.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo SimecB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo SimecB de CV (MEX:SIMECB) is currently considered Possible Value Trap. The stock's GF Value™ is MXN267.56, compared to a current price of MXN180.00 — trading 32.7% below its estimated fair value. The current Interest Coverage is 42.08, which is 66% below median its 10-year median of 125.30 and 837.2% above the Steel industry median of 4.49. Grupo SimecB de CV's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Grupo SimecB de CV (MEX:SIMECB), the current Interest Coverage is 42.08 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Grupo SimecB de CV (MEX:SIMECB) Overvalued in 2026?
Based on GuruFocus' analysis, Grupo SimecB de CV stock appears to be undervalued.
The current stock price of MXN180.00 is trading 32.7% below its estimated GF Value™ of MXN267.56.
GuruFocus considers Grupo SimecB de CV to be Possible Value Trap.
Key valuation signals for MEX:SIMECB:
Interest Coverage: 42.08 (66% below median its 10-year median of 125.30)
GF Value™: MXN267.56 vs. price of MXN180.00 (32.7% below fair value)
Industry Position: 837.2% above the Steel median (#73 of 458)
No single metric tells the full story. See the MEX:SIMECB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupo Simec SAB de CV is a diversified producer, processor and distributor of SBQ steel and structural steel products with production and commercial operations. The group's SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. Its segments are Mexico, Brazil, and the United States. The maximum of its sales is from the Mexico segment.
67GF Score
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