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Sims Limited (ASX: SGM) - Share Price and Research

Current share price for SGM : $12.010 0.13 (1.07%)

Sims Limited (SGM, formerly Sims Metal Management Limited), an ASX-listed company, has a purpose to create a world without waste to preserve the planet, is the foundation of our organisational identity and the basis of their multi-year strategic plan to further their leadership in the circular economy.

SGM General Information +

ASX Code SGM
Website http://www.simsltd.com
Industry/Sector Steel
Market Cap ($M) 2,320
SGM Share Price $12.010
Day High $12.250
Day Low $12.010
Last Close $12.140
SGM Share Price Movement $0.13 ( 1.07% )
Prices as at 16:35, 18 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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SGM Related Research

Sims Limited (SGM) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 21¢ 100% 3 Oct 2023 18 Oct 2023 $12.010 $12.550 2.89%
Result 14¢ 0% 6 Mar 2023 22 Mar 2023 $12.010 $12.550 2.89%
HFResult 50¢ 50% 4 Oct 2022 19 Oct 2022 $12.010 $12.550 2.89%

See all dividends from Sims Limited (SGM) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Sims Limited (SGM) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Change in substantial holding 4 Apr 2024 4:15PM $12.600 $12.010 $12.550 fallen by 4.68%
Final Director's Interest Notice 25 Mar 2024 8:30AM $11.900 $12.010 $12.550 risen by 0.92%
Chair Appointment/Resignation 25 Mar 2024 8:30AM $11.900 $12.010 $12.550 risen by 0.92%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Sims Limited (SGM) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

SGM Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025F C2 $65.00 174.30% 18.70 25.00 2.10% 0.0%
2024F C2 $23.70 -65.50% 51.20 12.00 1.00% 0.0%
2023A $135.60 $68.70 -75.40% 21.10 35.00 2.40% 60.0%

SGM Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 F 2025 F 2023 A 2024 F 2025 F 2023 A 2024 F 2025 F
BlueScope Steel (BSL) $10,415M -0.5969 -0.0712 -0.0604 10.4356 11.2354 11.9581 2.13% 2.13% 2.13%
Champion Iron (CIA) $3,414M -0.5490 0.2828 0.5074 13.2382 10.3194 6.8460 3.33% 0.00% 0.00%
Fortescue (FMG) $77,066M -0.1951 0.3814 -0.3356 10.6583 7.7158 11.6127 6.99% 10.75% 6.73%
Sims (SGM) $2,340M -0.7535 -0.6548 1.7426 17.6376 51.0970 18.6308 2.89% 0.99% 2.06%
Stanmore Resources (SMR) $2,812M -0.4308 0.0000 0.0000 3.8053 0.0000 0.0000 3.94% 0.00% 0.00%

SGM Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.59 37.10 0.88 0.00
Market 0.64 16.50 1.38 1.29
Sector 1.42 15.00 1.05 0.33

SGM Directors

Name Position Start Date
Mr Stephen Mikkelsen Chief Executive Officer, Managing Director 1 Oct 2023
Ms Deborah M O'Toole Non-Executive Director 1 Nov 2014
Mr Thomas Joseph Gorman Non-Executive Director 15 Jun 2020
Ms Katherine (Kathy) Anne Hirschfeld Non-Executive Director 1 Sep 2023
Mr Hiroyuki Kato Non-Executive Director 8 Nov 2018
Ms Victoria (Vicky) Jane Binns Non-Executive Director 8 Oct 2021
Mr Philip James Bainbridge Non-Executive Director, Non-Executive Chairman 1 Sep 2022

Sims Limited (SGM) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
5 Mar 2024 BAINBRIDGE, Philip Buy Indirect Shares 4,065 $12.300 $49,999.500
21 Feb 2024 GORMAN, Thomas Buy Direct Shares 2,000 $12.276 $24,551.900
21 Feb 2024 BAINBRIDGE, Philip Buy Indirect Shares 3,787 $12.800 $48,473.600

See all changes in directors' interest & trades for Sims Limited (SGM) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

SGM Management

Name Position
Gretchen Johanns Company Secretary
Angela Catt Company Secretary
Rob Thompson Global Chief Commercial Officer, Sims Metal
Steve Skurnac Global Chief Development Officer
Stephen Mikkelsen Global Chief Financial Officer
Brad Baker Global Chief Human Resources Officer
John Glyde Global Chief Operating Officer, Sims Metal
Elise Gautier Global Chief Risk and Sustainability Officer
Ian Basset Global Head of Business Transformation
Ingrid Sinclair Global President, Sims Lifecycle Services

SGM Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Sims Limited (SGM). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
0 (17.32%) Mitsui Raw Materials Developments Pty Ltd
0 (15.49%) Allan Gray Australia Pty Ltd

SGM Calendar of Events

Date Event
19 February 2025 Report (Interim)
18 February 2025 Report (Interim)
26 September 2024 Report (Annual)
13 August 2024 Report (Prelim)

FAQs about Sims Limited (SGM)

Sims Limited's (SGM) current share price is $12.01. This constitutes a price movement of 4.30% when compared to the share price 7 days ago and is -28.30% below SGM's 12-month high of $16.75 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $12.14, Sims Limited's (SGM) current share price of $12.01 constitutes a movement of -$0.13 or -1.07%. Sims Limited's (SGM) share price movement is -4.30% when compared to 7 days ago and is -28.30% below SGM's 52-week high of $16.75.

Sims Limited's (SGM) 52-week high is $16.75 which was reached on 19 Apr 2023. Relative to this, SGM's current share price of $12.01 constitutes a -$4.74 or -28.30% drop since that high of $16.75 per SGM share.

Sims Limited's (SGM) 52-week low is $11.75 which was reached on 12 Mar 2024. Relative to this, SGM's current share price of $12.01 constitutes a $0.26 or 2.21% gain since that low of $11.75 per SGM share.

Over the last 12 months, Sims Limited (SGM) has a daily average trading volume of 439,966 SGM shares per day.

Sims Limited (SGM) has a current dividend yield of n/a this year. Last year's dividend yield was 2.20%. The dividend yield for SGM is a ratio that tells you the percentage of Sims Limited's (SGM) share price that it pays out in dividends each year.

Sims Limited (SGM) last dividend payment was $0.21 per share and was paid on 18 Oct 2023. This last SGM dividend included 100% franking.

Sims Limited (SGM) has a franking level of 0%. Franking represents the tax Sims Limited (SGM) has already paid on any profit it distributes to shareholders as a dividend.

Sims Limited (SGM) will release its next Annual Report on 26 September 2024. Sims Limited's (SGM) last annual report was released on 28 Sep 2023. Click here to view Sims Limited's (SGM) last annual report.

Sims Limited (SGM) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Newmont Corporation (NEM), and Rio Tinto Limited (RIO).

The price-to-earnings (P/E) ratio for Sims Limited (SGM) is 37.1. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Sims Limited's (SGM) share price to its earnings per SGM share.

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