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Sims
(Sydney:SGM)
Sims (SGM) vs. iShares MSCI Australia ETF (EWA)
Sims Business Overview & Revenue Model
Sims Earnings Call Summary
Sims Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.20B | 8.08B | 9.28B | 5.93B | 4.92B |
| Gross Profit | 1.04B | 844.30M | 1.15B | 852.20M | 1.66B |
| EBITDA | 282.80M | 523.00M | 491.90M | 230.60M | -41.50M |
| Net Income | -57.80M | 181.10M | 599.30M | 229.40M | -265.30M |
Balance Sheet | |||||
| Total Assets | 4.90B | 4.71B | 4.44B | 3.68B | 3.21B |
| Cash, Cash Equivalents and Short-Term Investments | 280.80M | 329.80M | 267.50M | 254.10M | 243.10M |
| Total Debt | 949.30M | 804.80M | 701.70M | 557.10M | 480.40M |
| Total Liabilities | 2.34B | 2.05B | 1.90B | 1.56B | 1.22B |
| Stockholders Equity | 2.56B | 2.66B | 2.54B | 2.12B | 1.98B |
Cash Flow | |||||
| Free Cash Flow | -12.10M | 218.70M | 273.10M | 800.00K | -205.80M |
| Operating Cash Flow | 202.50M | 449.20M | 547.80M | 129.40M | -65.30M |
| Investing Cash Flow | -344.50M | -245.20M | -274.80M | -126.90M | -28.50M |
| Financing Cash Flow | -75.50M | -155.00M | -259.70M | 10.40M | -67.90M |
Sims Technical Analysis
Sims Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.31B | 6.29 | 0.71% | 2.95% | 3.36% | -36.41% | |
54 Neutral | $2.76B | ― | 0.14% | 0.70% | 3.98% | 70.79% | |
| ― | C$2.13B | 24.48 | 5.89% | 4.86% | ― | ― | |
| ― | $6.48B | 131.53 | 0.73% | 3.13% | ― | ― | |
| ― | $284.42M | 65.86 | -16.34% | ― | ― | ― | |
76 Outperform | AU$207.42M | 12.78 | 25.09% | 7.35% | -0.04% | 23.75% | |
63 Neutral | AU$861.22M | 60.01 | 9.13% | 2.19% | -12.17% | -61.32% |
Sims Corporate Events
Sims Limited has entered into a non-binding Memorandum of Understanding (MOU) with Alter Steel to supply up to 550,000 tonnes of ferrous scrap annually for Alter’s proposed Electric Arc Furnace in Queensland by 2028. This agreement marks a significant step in advancing the decarbonisation of steelmaking in Australia and New Zealand, aligning with the market’s shift towards onshoring steel production. The development of Sims’ Pinkenba site as a strategic logistics hub will enhance operational efficiency and market resilience, supporting the future feedstock needs of steelmakers in the region. The investment in Pinkenba, estimated at $215 million, will also enable the consolidation of Sims’ other sites, improving cost performance and climate change resilience.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$10.70 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
Sims Limited has announced a change in the interests of a substantial holder, Allan Gray Australia Pty Ltd, which acts as an investment manager for various funds. The voting power of Allan Gray Australia has decreased from 16.49% to 15.28%, indicating a reduction in their stake in Sims Limited. This change may affect the company’s shareholder dynamics and could have implications for its governance and strategic decisions.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$10.70 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
Sims Limited has announced the quotation of 2,606 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s ongoing efforts to enhance its financial flexibility and strengthen its market position, potentially impacting its stakeholders by providing increased liquidity and investment opportunities.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$11.50 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
Sims Limited has announced the quotation of 4,152 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code SGM, effective from May 22, 2025. This move involves the issuance, transfer, or reclassification of securities due to options being exercised or convertible securities being converted, potentially impacting the company’s market presence and shareholder value.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$11.50 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
Sims Limited has announced the quotation of 747 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of May 14, 2025. This move is part of the company’s ongoing efforts to enhance its financial flexibility and market presence, potentially impacting its operational capabilities and stakeholder interests positively.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$11.50 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.
Sims Limited announced the retirement of non-executive Director Thomas Gorman from its board, following his appointment as Chair of the Alcoa Corporation Board of Directors. Gorman, who joined Sims in 2020, played a significant role in redefining the company’s strategic priorities and focusing on core businesses in high-potential markets. An independent search is underway for a new US-based non-executive director to fill the vacancy.
Sims Limited has reported a change in director’s interest, specifically involving the exercise and sale of options by Mr. Mikkelson, alongside the grant of performance shares and the lapse of certain options. The company acknowledged an administrative oversight in lodging the required documentation with the ASX but has since rectified the situation. Sims Limited assures stakeholders of its compliance with ASX Listing Rules through its Securities Trading Policy, which governs the notification of changes in interests.
Macquarie Bank held an investor conference on May 7, 2025, presenting information about the Group’s current activities. The presentation emphasized that the material provided is a summary and should be considered alongside the Group’s periodic reporting and announcements. The document includes a disclaimer about forward-looking statements, highlighting the inherent risks and uncertainties that may impact actual results.