SIMS LIMITED (SGM)
Share Price Analysis and Chart

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SGM - SIMS LIMITED

FNArena Sector : Steel & Scrap
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 3.96
Index: ASX200 | ASX300 | ALL-ORDS

Sims Ltd is an Australian metals, waste and electronics recycling company operating in over fifteen countries worldwide. The company was established in 1917 and its current listing was in 2005 after restructuring.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$13.62

01 Dec
2023

0.240

OPEN

$13.33

1.79%

HIGH

$13.62

371,373

LOW

$13.32

TARGET
$12.875 -5.5% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BSL . VSL .
FNARENA'S MARKET CONSENSUS FORECASTS
SGM: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 93.7 41.6 xxx
DPS (cps) xxx 35.0 26.3 xxx
EPS Growth xxx - 69.1% - 55.6% xxx
DPS Growth xxx - 61.5% - 25.0% xxx
PE Ratio xxx N/A 32.8 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 37.4% 63.1% xxx

Dividend yield today if purchased 3 years ago: 3.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.57

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/10 - ex-div 21c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx93.7
DPS All xxxxxxxxxxxxxxx35.0
Sales/Revenue xxxxxxxxxxxxxxx8,061.1 M
Book Value Per Share xxxxxxxxxxxxxxx1,385.2
Net Operating Cash Flow xxxxxxxxxxxxxxx449.2 M
Net Profit Margin xxxxxxxxxxxxxxx2.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx6.97 %
Return on Invested Capital xxxxxxxxxxxxxxx5.53 %
Return on Assets xxxxxxxxxxxxxxx3.96 %
Return on Equity xxxxxxxxxxxxxxx6.97 %
Return on Total Capital xxxxxxxxxxxxxxx-0.65 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx95.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx82 M
Long Term Debt xxxxxxxxxxxxxxx723 M
Total Debt xxxxxxxxxxxxxxx805 M
Goodwill - Gross xxxxxxxxxxxxxxx1,579 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx329 M
Price To Book Value xxxxxxxxxxxxxxx1.14

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx232.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.88 %
Cost of Goods Sold xxxxxxxxxxxxxxx6,627 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,456 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx600 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgan Stanley

02/11/2023

5

Underweight

$12.00

-11.89%

Sims has guided to modestly positive December-half earnings (EBIT) with the September-quarter at break-even, outpacing Morgan Stanley's forecasts but materially missing consensus forecasts.

The broker expects consensus downgrades as a result (the broker sits -49% below consensus), with Turkish and US scrap prices still trading sideways in October and the global trading environment remaining challenging.

Underweight rating and $12 target price retained. Industry view: In-line.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 40.00 cents and EPS of 22.00 cents.
Morgan Stanley forecasts a full year FY25 dividend of 40.00 cents and EPS of 89.00 cents.

Citi

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

SGM STOCK CHART

FNArena News on SGM

1
Australian Broker Call *Extra* Edition – Nov 30, 2023

Nov 30 2023 - Daily Market Reports
2
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
3
Australian Broker Call *Extra* Edition – Nov 14, 2023

Nov 14 2023 - Daily Market Reports
4
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus
5
Australian Broker Call *Extra* Edition – Nov 08, 2023

Nov 08 2023 - Daily Market Reports

Latest Steel & Scrap News

1
ESG Focus: The Little Big Things – 23-11-2023

Nov 23 2023 - ESG Focus
2
Short Term Pain Continues For Sims

Sep 14 2023 - Australia
3
ESG Focus: Green Steel Innovation On Fire

Jun 22 2023 - ESG Focus
4
ESG Focus: Green Steel Rolling In

Jun 15 2023 - ESG Focus
5
BlueScope Steel Undervalued?

Nov 21 2022 - Australia
6
BlueScope Steel Committed To Emissions Targets

Sep 28 2022 - ESG Focus
7
BlueScope Steel Transforms US Operations

Apr 13 2022 - Australia
8
Sims Shines In The Scrap Yard

Feb 16 2022 - Australia
9
Positive Trends Should Galvanise Sims

Nov 11 2021 - Australia
10
ESG Focus: Forrest’s Green Steel Plan

Jun 02 2021 - ESG Focus