Annonce • May 02
Sims Limited to Report Fiscal Year 2026 Results on Aug 18, 2026 Sims Limited announced that they will report fiscal year 2026 results on Aug 18, 2026 Board Change • May 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nancy Novak was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 17
Sims Limited Announces Interim Dividend, Payable on 18 March 2026 Sims Limited determined the payment of an interim dividend of 14 cents per share (100% franked). The dividend will be payable on 18 March 2026 to shareholders on the Company's register at the record date of 4 March 2026. Annonce • Jan 03
Sims Limited to Report First Half, 2026 Results on Feb 17, 2026 Sims Limited announced that they will report first half, 2026 results on Feb 17, 2026 Board Change • Dec 24
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nancy Novak was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Dec 15
Sims Limited Announces the Appointment of Nancy Novak as an Independent Non-Executive Director Sims Limited announced the appointment of Nancy Novak as an Independent Non-Executive Director. Ms Novak is the Chief Innovation Officer for Compass Datacenters, which designs, builds and operates large-scale data centers for hyperscalers and cloud providers. Through this work, she has developed strong relationships with her clients. Ms Novak has more than 35 years of construction experience and has overseen delivery of over $5 billion in projects during that time. Prior to joining Compass, Ms Novak was the National Vice President of Operations for Balfour Beatty Construction. Ms Novak will also serve as a member of the Board's SHECS and People & Culture Committees. Annonce • Oct 14
Sims Limited, Annual General Meeting, Nov 21, 2025 Sims Limited, Annual General Meeting, Nov 21, 2025. Location: at meeting room 2, ground floor, 321 kent street, sydney nsw 2000, Australia Annonce • Aug 21
Sims Limited Announces Fully Franked Dividend for the Six Months Ended June 30, 2025, Payable on October 15, 2025 Sims Limited Announced fully franked Dividend of AUD 0.13000000 per share for the Six Months Ended June 30, 2025 taking the total dividend to 23.0 cents per share. This represents the top of the indicated range, reflecting cash returns from the UK Metal divestment. Record Date: October 1, 2025, Ex Date: September 30, 2025, Payment date: October 15, 2025. Declared Dividend • Aug 21
Final dividend of AU$0.13 announced Shareholders will receive a dividend of AU$0.13. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 1.6%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 18x earnings). However, it is well covered by cash flows (49% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,954% to bring the payout ratio under control. EPS is expected to grow by 192% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 19
Full year 2025 earnings released: EPS: AU$0.013 (vs AU$0.009 in FY 2024) Full year 2025 results: EPS: AU$0.013 (up from AU$0.009 in FY 2024). Revenue: AU$7.55b (up 4.5% from FY 2024). Net income: AU$2.40m (up 33% from FY 2024). Profit margin: 0% (in line with FY 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Board Change • Aug 18
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Vicky Binns is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • May 10
Thomas Gorman to Retire as Non-Executive Director of Sims Limited Sims Limited announced that non-executive Director, Mr. Thomas Gorman, will retire from the Sims Board effective immediately following his appointment as Chair of the Alcoa Corporation Board of Directors. Mr. Gorman joined the Sims Board in June 2020 and served as Chair of the Safety, Health, Environmental, Community, and Sustainability (SHECS) Committee and a member of the Nomination/Governance Committee. An independent search is underway for a new, US-based, non-executive director with a history and skills in the industry. Annonce • Feb 25
Sims Limited Announces Retirement of Deborah O'toole as an Independent Non-Executive Director Sims Limited announced the retirement of Deborah O'Toole as an Independent Non-Executive Director, effective from February 25, 2025. Ms. O'Toole joined the Sims Board of Directors in November 2014 and played a pivotal role in strengthening the Company's financial oversight during her tenure as Chair of the Audit Committee, a position held since 2019. The Board thanks Ms. O'Toole for her dedication, integrity and sage counsel over the past 11 years and wishes her the very best for her future endeavors. To ensure a seamless transition, Mr. Dempsey, who joined the Board in April 2024, will assume the role of Chair of the Audit Committee. The Board is confident that Mr. Dempsey's expertise will continue to uphold its strong governance and financial stewardship of the Company. Board Change • Feb 04
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Russ Rinn was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Russ Rinn was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 14
Sims Limited Announces Director Changes Sims Limited announced that following receipt of a nomination from Mitsui & Co., Ltd, Shinichiro Omachi has been appointed a Non- Independent, Non-Executive Director of the Company and replaces Mr. Hiroyuki Kato, who has retired, both effective 13 November 2024. In accordance with the Company's constitution, Mr. Omachi will stand for election at the Company's 2025 Annual General Meeting. New Risk • Oct 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Annonce • Oct 09
Sims Limited, Annual General Meeting, Nov 13, 2024 Sims Limited, Annual General Meeting, Nov 13, 2024. Location: sims limited office, level 9, 189 riordan street, mascot nsw 2020, hybrid, mascot nsw 2020, Australia Upcoming Dividend • Sep 24
Upcoming dividend of AU$0.10 per share Eligible shareholders must have bought the stock before 01 October 2024. Payment date: 16 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of Australian dividend payers (6.0%). Lower than average of industry peers (5.5%). Annonce • Aug 22
Sims Limited Announces Dividend Year Ended 30 June 2024, Payable on 16 October 2024 Sims Limited announced dividend AUD 0.10000000 per share for the year ended 30 June 2024. The dividend will be payable on 16 October 2024, with record date of 2 October 2024. Ex Date is October 1, 2024. Declared Dividend • Aug 22
Dividend of AU$0.10 announced Shareholders will receive a dividend of AU$0.10. Ex-date: 1st October 2024 Payment date: 16th October 2024 Dividend yield will be 0.9%, which is lower than the industry average of 5.1%. Reported Earnings • Aug 20
Full year 2024 earnings released: EPS: AU$0.009 (vs AU$0.94 in FY 2023) Full year 2024 results: EPS: AU$0.009 (down from AU$0.94 in FY 2023). Revenue: AU$7.43b (down 8.1% from FY 2023). Net income: AU$1.80m (down 99% from FY 2023). Profit margin: 0% (down from 2.2% in FY 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • May 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Grant Dempsey was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 23
Sims Limited Appoints Grant Dempsey as an Independent Non-Executive Director and Member of the Audit Committee Sims Limited announced the appointment of Grant Dempsey as an Independent Non-Executive Director. Mr. Dempsey has more than 35 years' experience, having served in numerous roles as a senior executive, strategic advisor and investment banker. Most recently, Mr. Dempsey served as the Chief Financial Officer of TPG Telecom. He previously served as Chief Financial Officer at Alumina Limited, Senior Adviser, Finance at ANZ Banking Group, and Head of Investment Banking (Australia and New Zealand) at JP Morgan. He is a non-executive director of IFM Investors. Mr. Dempsey will also serve as a member of the Board's Audit Committee, further strengthening the Board's governance and oversight capabilities. Annonce • Feb 26
Sims Limited to Report Fiscal Year 2024 Results on Nov 20, 2024 Sims Limited announced that they will report fiscal year 2024 results on Nov 20, 2024 Reported Earnings • Feb 21
First half 2024 earnings released: EPS: AU$0.34 (vs AU$0.52 in 1H 2023) First half 2024 results: EPS: AU$0.34 (down from AU$0.52 in 1H 2023). Revenue: AU$4.13b (up 7.4% from 1H 2023). Net income: AU$65.8m (down 35% from 1H 2023). Profit margin: 1.6% (down from 2.6% in 1H 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Dec 20
Sims Limited to Report First Half, 2024 Results on Feb 20, 2024 Sims Limited announced that they will report first half, 2024 results on Feb 20, 2024 Annonce • Nov 09
Sims Limited Announces Chief Financial Officer Changes Sims Limited announced the appointment of Warrick Ranson as Group Chief Financial Officer (CFO), effective 4 December 2023. Mr. Ranson will succeed the interim CFO, Steve Skurnac, who has held the position since 1 October 2023. Mr. Ranson brings over two decades of extensive executive-level experience, having held senior positions within blue-chip corporations operating across global markets in the mining and resources industries. Before this appointment, Mr. Ranson served for nearly six years as Chief Financial Officer at OZ Minerals Limited, where he was instrumental in guiding the Company through a period of substantial growth and value creation. Previously, Mr. Ranson had spent approximately 18 years with Rio Tinto in various roles, including overseeing significant capital investments and M&A activities for the Copper product group and playing a pivotal role in driving business development initiatives as Chief Commercial Officer for the Iron Ore business, Rio Tinto's largest operating division. Recent Insider Transactions • Nov 08
Independent Non-Executive Director recently bought AU$200k worth of stock On the 3rd of November, Philip Bainbridge bought around 16k shares on-market at roughly AU$12.70 per share. This transaction increased Philip's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$386k more in shares than they have sold in the last 12 months. Annonce • Sep 28
Sims Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 18 October 2023 Sims Limited announced that, in August 2023, the Directors have declared a final dividend of 21.0 cents per share (100% franked) for the year ended 30 June 2023. The dividend will be payable on 18 October 2023 to shareholders on the Company's register at the record date of 4 October 2023. Upcoming Dividend • Sep 26
Upcoming dividend of AU$0.21 per share at 2.6% yield Eligible shareholders must have bought the stock before 03 October 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Australian dividend payers (7.2%). Lower than average of industry peers (5.7%). Annonce • Sep 21
Pacific Equity Partners entered into an agreement to acquire 50% stake in LMS ENERGY Pty Ltd from Sims Limited (ASX:SGM). Pacific Equity Partners entered into an agreement to acquire 50% stake in LMS ENERGY Pty Ltd from Sims Limited (ASX:SGM) on September 20, 2023. The completion of the sale is subject to customary closing conditions, including FIRB approval and is anticipated to occur during the second quarter of FY24. Annonce • Aug 17
Sims Limited (ASX:SGM) agreed to acquire Assets of Baltimore Scrap Corporation for $177 million. Sims Limited (ASX:SGM) agreed to acquire Assets of Baltimore Scrap Corporation for $177 million on August 15, 2023. As part of the acquisition total consideration plus working capital and other adjustments to be determined at closing. The transaction is subject to required regulatory approvals and is expected to close in October 2023. New Risk • Aug 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.2% Last year net profit margin: 6.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.2% net profit margin). Reported Earnings • Aug 16
Full year 2023 earnings released: EPS: AU$0.94 (vs AU$3.03 in FY 2022) Full year 2023 results: EPS: AU$0.94 (down from AU$3.03 in FY 2022). Revenue: AU$8.18b (down 12% from FY 2022). Net income: AU$181.1m (down 70% from FY 2022). Profit margin: 2.2% (down from 6.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annonce • Jul 06
Sims Limited Announces Executive Changes, Effective October 1 2023 Sims Limited announced the retirement of Alistair Field, and the appointment of Stephen Mikkelsen as Group Chief Executive Officer and Managing Director, effective 1st October 2023. Mr. Field joined Sims in 2015, and commenced the role of CEO in 2017. As CEO, he has played a pivotal role in developing and driving the Company's growth strategy. Sims' Chairman, Geoff Brunsdon, said, "Alistair's vision has been fundamental in transformingthe company by defining purpose and culture that, in turn, drives strategy and vision. He is leaving Sims well-positioned to capitalise on a once-in-a-generation opportunity to support decarbonisation, energy transition, and the circular economy. Alistair has been the driving force behind long term management succession planning process which will ensure this transition happens in an orderly manner. Mr. Mikkelsen has served as Sims' Group Chief Financial Officer (CFO) since 2018. Prior to joining the Company, he held a number of executive leadership positions at AGL Energy, including Group General Manager for Retail Energy, as well as Executive General Manager for Energy Markets, AGL's largest revenue generator. In these roles, Mr. Mikkelsen demonstrated a successful track record of growing businesses operating in complex trading environments, while maintaining strong employee engagement. Mr. Mikkelsen currently Sydney based will be co-located in Australia and the USA. Annonce • Jun 22
Sims Limited, Annual General Meeting, Nov 01, 2023 Sims Limited, Annual General Meeting, Nov 01, 2023, at 09:00 AUS Eastern Standard Time. Annonce • May 17
Sims Limited to Report Fiscal Year 2023 Results on Aug 15, 2023 Sims Limited announced that they will report fiscal year 2023 results at 10:01 AM, E. Australia Standard Time on Aug 15, 2023 Upcoming Dividend • Feb 27
Upcoming dividend of AU$0.14 per share at 6.5% yield Eligible shareholders must have bought the stock before 06 March 2023. Payment date: 22 March 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.5%. Lower than top quartile of Australian dividend payers (6.9%). Lower than average of industry peers (8.3%). Reported Earnings • Feb 15
First half 2023 earnings released: EPS: AU$0.52 (vs AU$1.27 in 1H 2022) First half 2023 results: EPS: AU$0.52 (down from AU$1.27 in 1H 2022). Revenue: AU$3.93b (down 7.8% from 1H 2022). Net income: AU$101.0m (down 60% from 1H 2022). Profit margin: 2.6% (down from 5.9% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Feb 14
Sims Limited Announces Distribution for the Period of Six Months Ended December 31, 2022, Payable on March 22, 2023 Sims Limited announced distribution of AUD 0.14000000 for the period of six months ended December 31, 2022, payable on March 22, 2023. Record Date is March 7, 2023. Ex Date is March 6, 2023. Annonce • Jan 11
Sims Limited to Report First Half, 2023 Results on Feb 14, 2023 Sims Limited announced that they will report first half, 2023 results on Feb 14, 2023 Buying Opportunity • Nov 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be AU$16.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 86%. For the next 3 years, revenue is forecast to decline by 2.2% per annum. Earnings is also forecast to decline by 27% per annum over the same time period. Recent Insider Transactions • Nov 17
Independent Non-Executive Director recently bought AU$100k worth of stock On the 15th of November, Philip Bainbridge bought around 8k shares on-market at roughly AU$12.95 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$106k more in shares than they have sold in the last 12 months. Buying Opportunity • Nov 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be AU$15.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 86%. For the next 3 years, revenue is forecast to decline by 1.9% per annum. Earnings is also forecast to decline by 31% per annum over the same time period. Upcoming Dividend • Sep 27
Upcoming dividend of AU$0.50 per share Eligible shareholders must have bought the stock before 04 October 2022. Payment date: 19 October 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Australian dividend payers (7.1%). Lower than average of industry peers (11%). Reported Earnings • Aug 18
Full year 2022 earnings released: EPS: AU$3.03 (vs AU$1.14 in FY 2021) Full year 2022 results: EPS: AU$3.03 (up from AU$1.14 in FY 2021). Revenue: AU$9.41b (up 59% from FY 2021). Net income: AU$599.3m (up 161% from FY 2021). Profit margin: 6.4% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 16% compared to a 71,238% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to AU$14.49, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$9.92 per share. Buying Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock is up 31%. The fair value is estimated to be AU$25.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year. Upcoming Dividend • Feb 28
Upcoming dividend of AU$0.41 per share Eligible shareholders must have bought the stock before 07 March 2022. Payment date: 23 March 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (9.2%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 22% share price gain to AU$18.34, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$25.45 per share. Reported Earnings • Feb 18
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$1.27 (up from AU$0.26 in 1H 2021). Revenue: AU$4.27b (up 74% from 1H 2021). Net income: AU$253.2m (up 378% from 1H 2021). Profit margin: 5.9% (up from 2.2% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 5.4%, compared to a 750% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annonce • Dec 30
A group of investors, including investment funds managed by Closed Loop Partners, LLC agreed to acquire a 50.46% stake in Sims Municipal Recycling of New York LLC from Sims Limited (ASX:SGM) for $45.4 million. A group of investors, including investment funds managed by Closed Loop Partners, LLC agreed to acquire a 50.46% stake in Sims Municipal Recycling of New York LLC from Sims Limited (ASX:SGM) for $45.4 million on December 30, 2021. The transaction is forecast to reach financial close in the third quarter of FY22. Annonce • Dec 16
Sims Limited (ASX:SGM) agreed to acquire Assets of Atlantic Recycling Group, LLC for $37 million. Sims Limited (ASX:SGM) agreed to acquire Assets of Atlantic Recycling Group, LLC for $37 million on December 16, 2021. Total consideration for the acquisition is $37 million plus working capital adjustments. The acquisition price implies an EV/EBITDA multiple of 4.2x on a pre-synergies basis. Post completion, the team at Atlantic Recycling will become part of Sims Limited. The transaction is expected to reach financial close on 1 January 2022. Annonce • Dec 07
Sims Limited (ASX:SGM) acquired assets from Recyclers Australia Pty Ltd for AUD 18 million. Sims Limited (ASX:SGM) acquired assets from Recyclers Australia Pty Ltd for AUD 18 million on December 6, 2021. Total consideration for the acquisition was AUD18 million, including title of land at the primary Yatala facility. The acquisition price on the transaction implies an EV/EBITDA multiple of 3.3x on a post-synergies basis.
Sims Limited (ASX:SGM) completed the acquisition of assets from Recyclers Australia Pty Ltd on December 6, 2021. Upcoming Dividend • Sep 28
Upcoming dividend of AU$0.30 per share Eligible shareholders must have bought the stock before 05 October 2021. Payment date: 20 October 2021. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (5.5%). Lower than average of industry peers (11%). Annonce • Aug 24
Sims Limited (ASX:SGM) announces an Equity Buyback for AUD 150 million worth of its shares. Sims Limited (ASX:SGM) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of its own shares. All the ordinary shares repurchased will be cancelled. The purpose of the repurchase program is capital management. The program is valid for 12 months. As of August 23, 2021, the company has 201,523,869 shares in issue. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 19% share price decline to AU$14.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Metals and Mining industry in Australia. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$11.56 per share. Reported Earnings • Aug 19
Full year 2021 earnings released: EPS AU$1.14 (vs AU$1.31 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$5.93b (up 21% from FY 2020). Net income: AU$229.4m (up AU$494.7m from FY 2020). Profit margin: 3.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 04
New 90-day high: AU$14.70 The company is up 22% from its price of AU$12.04 on 04 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$11.00 per share. Recent Insider Transactions • Feb 25
Insider recently bought AU$52k worth of stock On the 19th of February, Thomas Gorman bought around 4k shares on-market at roughly AU$13.11 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$108k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 17
First half 2021 earnings released: EPS AU$0.26 (vs AU$0.45 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$2.46b (down 9.5% from 1H 2020). Net income: AU$53.0m (up AU$144.1m from 1H 2020). Profit margin: 2.2% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 99% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 17
Revenue misses expectations Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 33%, compared to a 166% growth forecast for the Metals and Mining industry in Australia. Annonce • Feb 13
Sims Limited (ASX:SGM) acquired certain commercial and operating assets of Alumisource Corporation for $22.5 million. Sims Limited (ASX:SGM) acquired certain commercial and operating assets of Alumisource Corporation for $22.5 million on February 12, 2021. As reported, the purchase price is split into a guaranteed component of $22.5 million with further payments expected over the next three to five years using a pre-determined earnout formula. Alumisource’s founder and Chief Executive Officer Gabe Hudock will continue to manage Alumisource for a minimum of three to five years.
Sims Limited (ASX:SGM) completed the acquisition of certain commercial and operating assets of Alumisource Corporation on February 12, 2021. Is New 90 Day High Low • Dec 29
New 90-day high: AU$13.02 The company is up 66% from its price of AU$7.83 on 01 October 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$13.81 per share. Is New 90 Day High Low • Nov 10
New 90-day high: AU$9.93 The company is up 19% from its price of AU$8.35 on 12 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$9.35 per share. Is New 90 Day High Low • Oct 22
New 90-day high: AU$8.77 The company is up 7.0% from its price of AU$8.17 on 24 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$9.50 per share. 
