Sims Future Growth

Future criteria checks 3/6

Sims is forecast to grow earnings and revenue by 42.1% and 2.4% per annum respectively. EPS is expected to grow by 46.5% per annum. Return on equity is forecast to be 7.1% in 3 years.

Key information

42.1%

Earnings growth rate

46.5%

EPS growth rate

Metals and Mining earnings growth	28.3%
Revenue growth rate	2.4%
Future return on equity	7.1%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:I8M - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	7,694	194	173	365	10
6/30/2026	7,553	165	171	333	12
6/30/2025	7,446	109	150	319	12
6/30/2024	7,224	2	-12	203	N/A
12/31/2023	8,370	146	31	229	N/A
9/30/2023	8,227	164	124	339	N/A
6/30/2023	6,659	197	217	449	N/A
3/31/2023	8,466	314	237	514	N/A
12/31/2022	8,849	447	257	579	N/A
9/30/2022	9,063	523	264	563	N/A
6/30/2022	9,277	599	272	548	N/A
3/31/2022	8,508	514	198	409	N/A
12/31/2021	7,740	430	124	271	N/A
9/30/2021	6,833	330	62	200	N/A
6/30/2021	5,927	229	0	129	N/A
3/31/2021	5,294	54	-3	124	N/A
12/31/2020	4,662	-121	-6	118	N/A
9/30/2020	4,790	-193	-106	26	N/A
6/30/2020	4,919	-265	-206	-65	N/A
3/31/2020	5,473	-140	-46	120	N/A
12/31/2019	6,027	-15	113	306	N/A
9/30/2019	6,339	69	138	333	N/A
6/30/2019	6,652	153	163	360	N/A
3/31/2019	6,735	171	64	251	N/A
12/31/2018	6,817	189	-35	141	N/A
9/30/2018	6,639	196	21	197	N/A
6/30/2018	6,460	204	76	252	N/A
3/31/2018	6,072	209	N/A	268	N/A
12/31/2017	5,683	215	N/A	284	N/A
9/30/2017	5,387	209	N/A	275	N/A
6/30/2017	5,091	204	N/A	266	N/A
3/31/2017	4,863	159	N/A	186	N/A
12/31/2016	4,634	114	N/A	106	N/A
9/30/2016	4,649	-51	N/A	119	N/A
6/30/2016	4,664	-216	N/A	131	N/A
12/31/2015	5,375	-219	N/A	384	N/A
9/30/2015	5,852	-55	N/A	341	N/A
6/30/2015	6,328	110	N/A	298	N/A
12/31/2014	6,808	86	N/A	225	N/A
9/30/2014	6,922	51	N/A	218	N/A
6/30/2014	7,036	16	N/A	210	N/A
3/31/2014	7,258	-125	N/A	234	N/A
12/31/2013	7,371	-162	N/A	259	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: I8M's forecast earnings growth (42.1% per year) is above the savings rate (1%).

Earnings vs Market: I8M's earnings (42.1% per year) are forecast to grow faster than the German market (21% per year).

High Growth Earnings: I8M's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: I8M's revenue (2.4% per year) is forecast to grow slower than the German market (5.6% per year).

High Growth Revenue: I8M's revenue (2.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: I8M's Return on Equity is forecast to be low in 3 years time (7.1%).

Sims Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Sims Limited Announces Director Changes

New minor risk - Shareholder dilution

Now 20% undervalued

Sims Limited, Annual General Meeting, Nov 13, 2024

Upcoming dividend of AU$0.10 per share

Now 20% undervalued

Dividend of AU$0.10 announced

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

Full year 2024 earnings released: EPS: AU$0.009 (vs AU$0.94 in FY 2023)

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

First half 2024 earnings released: EPS: AU$0.34 (vs AU$0.52 in 1H 2023)

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

Sims Limited Announces Chief Financial Officer Changes

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

New minor risk - Shareholder dilution

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).

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 Limited Announces Executive Changes, Effective October 1 2023

Sims Limited, Annual General Meeting, Nov 01, 2023

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

Upcoming dividend of AU$0.14 per share at 6.3% yield

First half 2023 earnings released: EPS: AU$0.52 (vs AU$1.27 in 1H 2022)

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

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

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

Independent Non-Executive Director recently bought €65k worth of stock

Upcoming dividend of AU$0.50 per share

Sims Limited Appoints Philip Bainbridge to Board of Directors

Full year 2022 earnings released: EPS: AU$3.03 (vs AU$1.14 in FY 2021)

Sims Limited Declares Final Dividend, Payable on October 19, 2022

Sims Limited Appoints Robert Thompson as Global Chief Commercial Officer

Investor sentiment deteriorated over the past week

Sims Limited Announces Class Action Settlement

Sims Limited, Annual General Meeting, Nov 09, 2022

Upcoming dividend of AU$0.41 per share

Investor sentiment improved over the past week

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Sims Limited Announces Executive Resignations

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.

Sims Limited (ASX:SGM) agreed to acquire Assets of Atlantic Recycling Group, LLC for $37 million.

Sims Limited (ASX:SGM) acquired assets from Recyclers Australia Pty Ltd for AUD 18 million.

Upcoming dividend of AU$0.30 per share

Sims Limited (ASX:SGM) announces an Equity Buyback for AUD 150 million worth of its shares.

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS AU$1.14 (vs AU$1.31 loss in FY 2020)

Sims Limited (ASX:SGM) acquired JED renewable landfill gas to energy facility in Orlando, Florida from JED Landfill for AUD 4.8 million.

New 90-day high: €9.15

First half 2021 earnings released: EPS AU$0.26 (vs AU$0.45 loss in 1H 2020)

Revenue misses expectations

Sims Limited (ASX:SGM) acquired certain commercial and operating assets of Alumisource Corporation for $22.5 million.

New 90-day high: €8.00

New 90-day high: €7.95

New 90-day high: €5.40

Full year earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies