Sims Limited

ASX:SGM Stock Report

Market Cap: AU$2.3b

Sims Management

Management criteria checks 3/4

Sims' CEO is Stephen Mikkelsen, appointed in Oct 2023, has a tenure of 1.17 years. total yearly compensation is A$2.77M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth A$1.66M. The average tenure of the management team and the board of directors is 4.6 years and 1.3 years respectively.

Key information

Stephen Mikkelsen

Chief executive officer

AU$2.8m

Total compensation

CEO salary percentage49.1%
CEO tenure1.2yrs
CEO ownership0.07%
Management average tenure4.6yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

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

Dec 20
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt

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

Nov 07
A Look At The Fair Value Of Sims Limited (ASX:SGM)

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

Sep 16
There Is A Reason Sims Limited's (ASX:SGM) Price Is Undemanding

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

May 07
Sims Limited's (ASX:SGM) Subdued P/E Might Signal An Opportunity

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

Feb 24
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt

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

Dec 22
Is Sims Limited (ASX:SGM) Trading At A 30% Discount?

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

Sep 28
Sims' (ASX:SGM) Shareholders Will Receive A Smaller Dividend Than Last Year

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

Sep 11
These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively

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

Aug 18
Sims' (ASX:SGM) Dividend Is Being Reduced To A$0.21

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

Jul 12
Sims (ASX:SGM) Will Want To Turn Around Its Return Trends

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

May 26
Do Sims' (ASX:SGM) Earnings Warrant Your Attention?

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

Apr 12
Sims (ASX:SGM) Might Be Having Difficulty Using Its Capital Effectively

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

Mar 30
Does Sims (ASX:SGM) Have A Healthy Balance Sheet?

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

Mar 15
Calculating The Fair Value Of Sims Limited (ASX:SGM)

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

Dec 16
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

Nov 29
Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly

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

Nov 08
If EPS Growth Is Important To You, Sims (ASX:SGM) Presents An Opportunity

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

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

Aug 18
Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Jul 19
Sims (ASX:SGM) Might Have The Makings Of A Multi-Bagger

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

May 18
Are Investors Undervaluing Sims Limited (ASX:SGM) By 48%?

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

Apr 12
Returns On Capital Are Showing Encouraging Signs At Sims (ASX:SGM)

CEO Compensation Analysis

How has Stephen Mikkelsen's remuneration changed compared to Sims's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$3mAU$1m

AU$2m

Dec 31 2023n/an/a

AU$146m

Sep 30 2023n/an/a

AU$164m

Jun 30 2023AU$2mAU$1m

AU$197m

Mar 31 2023n/an/a

AU$314m

Dec 31 2022n/an/a

AU$447m

Sep 30 2022n/an/a

AU$523m

Jun 30 2022AU$5mAU$1m

AU$599m

Mar 31 2022n/an/a

AU$514m

Dec 31 2021n/an/a

AU$430m

Sep 30 2021n/an/a

AU$330m

Jun 30 2021AU$4mAU$1m

AU$229m

Mar 31 2021n/an/a

AU$54m

Dec 31 2020n/an/a

-AU$121m

Sep 30 2020n/an/a

-AU$193m

Jun 30 2020AU$2mAU$1m

-AU$265m

Mar 31 2020n/an/a

-AU$140m

Dec 31 2019n/an/a

-AU$15m

Sep 30 2019n/an/a

AU$69m

Jun 30 2019AU$3mAU$1m

AU$153m

Mar 31 2019n/an/a

AU$171m

Dec 31 2018n/an/a

AU$189m

Sep 30 2018n/an/a

AU$196m

Jun 30 2018AU$2mAU$431k

AU$204m

Compensation vs Market: Stephen's total compensation ($USD1.73M) is about average for companies of similar size in the Australian market ($USD1.37M).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.

CEO

Stephen Mikkelsen (60 yo)

1.2yrs

Tenure

AU$2,769,439

Compensation

Mr. Stephen John Mikkelsen, BBS, CA, serves as Group Chief Executive Officer and Managing Director of Sims Limited since October 01, 2023 and had been its Group Chief Financial Officer since January 29, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Mikkelsen
Group CEO1.2yrsAU$2.77m0.072%
A$ 1.7m
Warrick R. Ranson
Group Chief Financial Officerless than a yearAU$1.67mno data
John Glyde
Global Chief Operating Officer of Sims Metal7.3yrsAU$1.97m0.11%
A$ 2.4m
Robert Thompson
Global Chief Commercial Officer - Sims Metal2.4yrsAU$2.17m0.0078%
A$ 180.1k
Gretchen Johanns
Group General Counsel & Company Secretary6.1yrsno datano data
Réal Hamilton-Romeo
Global Head of Communications & Marketingno datano datano data
M. Baker
Group Chief Human Resources Officer6.9yrsno datano data
Ingrid Sinclair
Global President of Sims Lifecycle Services5.8yrsno datano data
Ana Metelo
Joint Company Secretary3.4yrsno datano data
Richard Brierley
Assistant Company Secretaryno datano datano data

4.6yrs

Average Tenure

Experienced Management: SGM's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Mikkelsen
Group CEO1.2yrsAU$2.77m0.072%
A$ 1.7m
Russell Rinn
Independent Non-Executive Directorno datano datano data
Deborah O'Toole
Independent Non-Executive Director10.1yrsAU$267.47k0.0091%
A$ 209.1k
Katherine Hirschfeld
Independent Non-Executive Director1.3yrsAU$225.78k0.0052%
A$ 120.4k
Victoria Binns
Independent Non-Executive Director3.2yrsAU$253.51k0.0040%
A$ 92.0k
Philip Bainbridge
Independent Chairman of the Board2.3yrsAU$327.26k0.016%
A$ 374.5k
Thomas Gorman
Independent Non-Executive Director4.5yrsAU$250.13k0.0034%
A$ 77.7k
Grant Dempsey
Independent Non-Executive Directorless than a yearAU$50.02kno data
Shinichiro Omachi
Non- Independent Non-Executive Directorless than a yearno datano data

1.3yrs

Average Tenure

64yo

Average Age

Experienced Board: SGM's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 23:21
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Gordon AndersonAPP Securities Pty Ltd.
Megan Kirby-LewisBarrenjoey Markets Pty Limited
April LowisBarrenjoey Markets Pty Limited