Sims (ASX:SGM) - Stock Price, News & Analysis

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 22.1% below our estimate of its fair value

Earnings are forecast to grow 42.1% 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

Sims Limited Competitors

Champion Iron

ASX:CIA

AU$2.8b

Coronado Global Resources

ASX:CRN

AU$1.6b

Deterra Royalties

ASX:DRR

AU$1.9b

Vulcan Steel

ASX:VSL

AU$979.2m

Price History & Performance

Summary of all time highs, changes and price drops for Sims
Historical stock prices
Current Share Price	AU$12.43
52 Week High	AU$15.77
52 Week Low	AU$9.69
Beta	1.27
11 Month Change	-5.11%
3 Month Change	11.38%
1 Year Change	-9.27%
33 Year Change	-17.41%
5 Year Change	14.77%
Change since IPO	369.06%

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

Returns Are Gaining Momentum At Sims (ASX:SGM)

Jan 11

Shareholder Returns

	SGM	AU Metals and Mining	AU Market
7D	-1.1%	-0.9%	1.5%
1Y	-9.3%	-12.8%	17.2%

Return vs Industry: SGM exceeded the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: SGM underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is SGM's price volatile compared to industry and market?
SGM volatility
SGM Average Weekly Movement	4.9%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

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 (5%) 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$2.41b
Earnings (TTM)	AU$1.80m
Revenue (TTM)	AU$7.22b

1,332x

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

n/a

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

0.8%

Current Dividend Yield

1,073%

Payout Ratio

SGM Stock Overview

Rewards

Risk Analysis

Sims Limited Competitors

ASX:CIA

AU$2.8b

ASX:CRN

AU$1.6b

ASX:DRR

AU$1.9b

ASX:VSL

AU$979.2m

Price History & Performance

Recent News & Updates

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

Recent updates

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

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

Consensus EPS estimates fall by 14%

Now 21% undervalued after recent price drop