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Sims (AU:SGM)
ASX:SGM
Holding AU:SGM?
Track your performance easily
SGM Stock Chart & Stats
Day’s RangeAU$0 - AU$0
52-Week RangeAU$9.69 - AU$15.77
Previous CloseAU$12.91
Volume4.35K
Average Volume (3M)422.69K
Market Cap
AU$2.50B
Enterprise ValueAU$2.92B
Total Cash (Recent Filing)AU$268.40M
Total Debt (Recent Filing)AU$701.70M
Price to Earnings (P/E)―
Beta1.25
Next Earnings
Feb 24, 2025EPS Estimate
AU$0.18Last Dividend Ex-Date
Oct 01, 2024Dividend Yield1.63%
Share Statistics
EPS (TTM)-0.30
Shares Outstanding193,174,303
10 Day Avg. Volume307,423
30 Day Avg. Volume422,694
Standard Deviation0.12
R-Squared0.52
Alpha0.00400
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$13.11Price Target Upside1.23% Upside
Rating ConsensusHold
Number of Analyst Covering10
Sims News
PremiumCompany Announcements
Australian Retirement Trust Acquires Stake in SIMS LtdPremiumCompany Announcements
Sims Limited Director’s Shareholding Update
PremiumCompany Announcements
Sims Limited Unveils 2024 Governance Report
PremiumCompany Announcements
Sims Limited Targets Sustainable Growth in 2024 Report
PremiumCompany Announcements
Sims Limited Schedules Hybrid 2024 AGM
PremiumCompany Announcements
Sims Limited Finalizes UK Metal Business Sale
PremiumCompany Announcements
Australian Retirement Trust Exits Sims Limited Stake
PremiumCompany Announcements
Sims Limited Forecasts Strong Q1 EarningsBulls Say, Bears Say
Bulls Say
Balance SheetThe sale of the UK business for after-tax cash proceeds of approximately A$385 million is expected to bring SGM's balance sheet to a zero net debt position, strengthening financial stability.
Financial PerformanceThe FY25 EBIT estimate for SGM is increased by 22% to A$170 million, reflecting strong anticipated financial performance.
Stock ValuationWith the stock trading at a significant discount to its net asset value and substantially below the replacement value implied by the UK sale, there is potential for SGM to announce a buyback, enhancing shareholder value.
Bears Say
Competitive EnvironmentIntense competition for scrap supply in the US is expected to continue, impacting SGM's market position.
Market ConditionsOngoing weakness in the scrap market poses challenges for SGM's financial performance.
ValuationSGM trades on a high earnings multiple that is considered unsustainable due to its historical earnings volatility.
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Options Prices
Currently, No data available
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Ownership Overview
0.10% Insiders
4.25% Mutual Funds
<0.01% Other Institutional Investors
90.31% Public Companies and
Individual Investors
SGM FAQ
What was Sims’s price range in the past 12 months?
Sims lowest share price was AU$9.69 and its highest was AU$15.77 in the past 12 months.
What is Sims’s market cap?
Currently, no data Available
When is Sims’s upcoming earnings report date?
Sims’s upcoming earnings report date is Feb 24, 2025 which is in 106 days.
How were Sims’s earnings last quarter?
Sims released its earnings results on Aug 19, 2024. The company reported -AU$0.15 earnings per share for the quarter, missing the consensus estimate of AU$0.01 by -AU$0.16.
Is Sims overvalued?
According to Wall Street analysts Sims’s price is currently Undervalued.
Does Sims pay dividends?
Sims pays a Annually dividend of AU$0.1 which represents an annual dividend yield of 1.63%. See more information on Sims dividends here
What is Sims’s EPS estimate?
Sims’s EPS estimate is AU$0.18.
How many shares outstanding does Sims have?
Sims has 193,209,670 shares outstanding.
What happened to Sims’s price movement after its last earnings report?
Sims reported an EPS of -AU$0.15 in its last earnings report, missing expectations of AU$0.01. Following the earnings report the stock price went down -0.183%.
Which hedge fund is a major shareholder of Sims?
Currently, no hedge funds are holding shares in AU:SGM
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Sims Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
AU$13.11 (1.23% Upside)
AU$13.11 (1.23% Upside)
Blogger Sentiment
Bullish
AU:SGM Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $36.7K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.04%
12-Months-Change
Fundamentals
Return on Equity
0.05%
Trailing 12-Months
Asset Growth
4.57%
Trailing 12-Months
Company Description
Sims
Sims Ltd. engages in the recycling of metal and electronics. It operates though the following segments: North America Metals (NAM), ANZ Metals (ANZ), Europe Metals (Europe), Global E-Recycling (SRS), and Unallocated. The NAM segment comprises of subsidiaries and joint ventures in the U.S. and Canada which perform ferrous and non-ferrous secondary recycling functions. The ANZ segment includes subsidiaries and joint arrangements in Australia, New Zealand and Papua New Guinea which perform ferrous and non-ferrous secondary recycling functions. The Europe segment consists of subsidiaries in the United Kingdom which perform ferrous and non-ferrous secondary recycling functions. The SRS segment composes of subsidiaries which provide electronic recycling solutions in the following countries: Australia, Austria, Belgium, Canada, Czech Republic, Dubai, Germany, India, Ireland, Netherlands, New Zealand, Norway, Poland, Republic of South Africa, Singapore, Sweden, the United Kingdom and the U.S. The Unallocated segment contains unallocated corporate costs, interests in an associate and joint venture in Hong Kong and Australia, and the group's non-ferrous central marketing entity. The company was founded by Albert George Sims in 1917 and is headquartered in Rye, NY.
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SGM Company Deck
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SGM Earnings Call
Q4 2024
0:00 / 0:00
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SGM Stock 12 Month Forecast
Average Price Target
AU$13.11
▲(1.23% Upside)
Technical Analysis
Sims
―
Universal Stainless & Alloy Products
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Olympic Steel
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Commercial Metals Company
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Steel Dynamics
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Best Analysts Covering SGM
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+29.49%
reiterated a buy rating 2 months ago
Copying Paul McTaggart's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +29.49% per trade.
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