SGM Stock Overview

Engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, India, Turkey, the United States, and internationally. More details

SGM fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 28.5% below our estimate of its fair value

Earnings are forecast to grow 42.33% per year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Profit margins (0.02%) are lower than last year (3%)

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Sims Limited Competitors

Champion Iron

ASX:CIA

AU$2.9b

Deterra Royalties

ASX:DRR

AU$2.0b

Coronado Global Resources

ASX:CRN

AU$1.2b

Stanmore Resources

ASX:SMR

AU$2.7b

Price History & Performance

Summary of share price highs, lows and changes for Sims
Historical stock prices
Current Share Price	AU$11.67
52 Week High	AU$15.77
52 Week Low	AU$9.69
Beta	1.27
1 Month Change	-6.64%
3 Month Change	-5.58%
1 Year Change	-24.81%
3 Year Change	-25.72%
5 Year Change	7.06%
Change since IPO	340.38%

A Look At The Fair Value Of Sims Limited (ASX:SGM)

Nov 07

Recent updates

There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital

Dec 16

Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly

Nov 29

If EPS Growth Is Important To You, Sims (ASX:SGM) Presents An Opportunity

Nov 08

Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02

Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 18

Sims (ASX:SGM) Might Have The Makings Of A Multi-Bagger

Jul 19

Are Investors Undervaluing Sims Limited (ASX:SGM) By 48%?

May 18

Returns On Capital Are Showing Encouraging Signs At Sims (ASX:SGM)

Apr 12

An Intrinsic Calculation For Sims Limited (ASX:SGM) Suggests It's 42% Undervalued

Feb 02

Shareholder Returns

	SGM	AU Metals and Mining	AU Market
7D	-8.3%	-6.9%	-2.0%
1Y	-24.8%	-19.1%	7.8%

Return vs Industry: SGM underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.

Return vs Market: SGM underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is SGM's price volatile compared to industry and market?
SGM volatility
SGM Average Weekly Movement	3.8%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: SGM has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SGM's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1917	4,577	Stephen Mikkelsen	www.simsltd.com

Sims Limited engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, India, Turkey, the United States, and internationally. The company operates through five segments: North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, and Sims Lifecycle Services. It is involved in the collection, processing, and trading of iron and steel secondary raw materials; and other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials.

Sims Limited Fundamentals Summary

How do Sims's earnings and revenue compare to its market cap?
SGM fundamental statistics
Market cap	AU$2.25b
Earnings (TTM)	AU$1.80m
Revenue (TTM)	AU$7.22b

1,251x

P/E Ratio

0.3x

P/S Ratio

Is SGM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SGM income statement (TTM)
Revenue	AU$7.22b
Cost of Revenue	AU$6.48b
Gross Profit	AU$744.40m
Other Expenses	AU$742.60m
Earnings	AU$1.80m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 25, 2025

Earnings per share (EPS)	0.0093
Gross Margin	10.30%
Net Profit Margin	0.025%
Debt/Equity Ratio	19.7%

How did SGM perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

1,073%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 17:57
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sims Limited is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gordon Anderson	APP Securities Pty Ltd.
Megan Kirby-Lewis	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited

SGM Stock Overview

Rewards

Risk Analysis

Sims Limited Competitors

ASX:CIA

AU$2.9b

ASX:DRR

AU$2.0b

ASX:CRN

AU$1.2b

ASX:SMR

AU$2.7b

Price History & Performance

Recent News & Updates

Sims Limited to Report Fiscal Year 2025 Results on Aug 20, 2025

Now 20% undervalued

High number of new directors

Sims Limited Announces Director Changes

A Look At The Fair Value Of Sims Limited (ASX:SGM)

New minor risk - Shareholder dilution

Recent updates

Sims Limited to Report Fiscal Year 2025 Results on Aug 20, 2025

Now 20% undervalued

High number of new directors

Sims Limited Announces Director Changes

A Look At The Fair Value Of Sims Limited (ASX:SGM)

New minor risk - Shareholder dilution

Sims Limited, Annual General Meeting, Nov 13, 2024

Consensus EPS estimates increase by 11%

Upcoming dividend of AU$0.10 per share

There Is A Reason Sims Limited's (ASX:SGM) Price Is Undemanding

Group CEO exercised options to buy AU$227k worth of stock.

Sims Limited Announces Dividend Year Ended 30 June 2024, Payable on 16 October 2024

Dividend of AU$0.10 announced

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 46%

Price target decreased by 9.9% to AU$12.09

Sims Limited's (ASX:SGM) Subdued P/E Might Signal An Opportunity

New minor risk - Shareholder dilution

High number of new directors

Sims Limited Appoints Grant Dempsey as an Independent Non-Executive Director and Member of the Audit Committee

Sims Limited to Report Fiscal Year 2024 Results on Nov 20, 2024

Consensus EPS estimates fall by 18%, revenue upgraded

Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt

Price target decreased by 7.3% to AU$13.43

First half 2024 earnings: EPS and revenues exceed analyst expectations

Is Sims Limited (ASX:SGM) Trading At A 30% Discount?

Sims Limited to Report First Half, 2024 Results on Feb 20, 2024

Sims Limited Announces Chief Financial Officer Changes

Independent Non-Executive Director recently bought AU$200k worth of stock

Sims' (ASX:SGM) Shareholders Will Receive A Smaller Dividend Than Last Year

Sims Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 18 October 2023

Upcoming dividend of AU$0.21 per share at 2.6% yield

Pacific Equity Partners entered into an agreement to acquire 50% stake in LMS ENERGY Pty Ltd from Sims Limited (ASX:SGM).

Price target decreased by 7.3% to AU$14.72

Consensus EPS estimates fall by 17%

These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively

Consensus EPS estimates fall by 10%

Sims' (ASX:SGM) Dividend Is Being Reduced To A$0.21

Sims Limited (ASX:SGM) agreed to acquire Assets of Baltimore Scrap Corporation for $177 million.

New minor risk - Earnings quality

Sims Limited (ASX:SGM) agreed to acquire Assets of Baltimore Scrap Corporation for $177 million.

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: AU$0.94 (vs AU$3.03 in FY 2022)

Sims (ASX:SGM) Will Want To Turn Around Its Return Trends

Sims Limited Announces Executive Changes, Effective October 1 2023

Sims Limited, Annual General Meeting, Nov 01, 2023

Do Sims' (ASX:SGM) Earnings Warrant Your Attention?

Sims Limited to Report Fiscal Year 2023 Results on Aug 15, 2023

Sims (ASX:SGM) Might Be Having Difficulty Using Its Capital Effectively

Does Sims (ASX:SGM) Have A Healthy Balance Sheet?

Calculating The Fair Value Of Sims Limited (ASX:SGM)

Upcoming dividend of AU$0.14 per share at 6.5% yield

First half 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 13%

Sims Limited Announces Distribution for the Period of Six Months Ended December 31, 2022, Payable on March 22, 2023

Consensus EPS estimates increase by 12%

Sims Limited to Report First Half, 2023 Results on Feb 14, 2023

Sims Limited Announces Retirement of Heather Ridout as Non-Executive Director

There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital