Sims Metal Management Limited (SGM) - Research

$10.160 0.03 (0.30%)

SGM General Information +

ASX Code SGM
Website http://www.simsmm.com
GICS Sub-Industry Steel
Market Cap ($M) 2,059
Current Price $10.160
Day High $10.200
Day Low $10.010
Last Close $10.130
Price Movement $0.03 ( 0.30% )
Prices as at 16:40, 17 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

SGM Company Overview

Business Description

SIMS Metal Management Limited (SGM) is the global metals and electronics recycling company, involved in the buying, processing and selling of ferrous and non-ferrous recycled metals and providing solutions for the disposal of post-consumer electronic products, including IT assets recycled for commercial customers. The company operates in North America, Australasia, and Europe.

SGM Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 149.65 73.22 -18.30% 13.88 38.07 3.75% 100.0%
2019 F 183.11 89.59 -9.30% 11.34 46.58 4.58% 100.0%
2018 A 203.50 98.73 64.70% 15.59 40.00 2.60% 80.0%

SGM Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BlueScope Steel (BSL) $6,239M 0.3370 0.2067 -0.3931 8.2740 6.8566 11.2971 1.16% 1.10% 1.11%
Fortescue Metals (FMG) $27,680M -0.5635 2.3453 0.3027 23.6454 7.0682 5.4258 2.63% 10.70% 12.03%
Mount Gibson Iron (MGX) $1,062M 2.8970 0.0000 0.0000 10.3524 0.0000 0.0000 3.19% 0.00% 0.00%
Sims Metal Management (SGM) $2,054M -0.0144 -0.1796 0.0485 10.0079 12.1989 11.6343 5.23% 4.43% 4.33%

SGM Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.62 12.40 0.94 0.00
Market 0.93 17.00 1.51 1.38
Sector 1.51 12.70 1.26 0.51

SGM Directors

Name Position Start Date
Mr Alistair Field Chief Executive Officer, Managing Director 3 Aug 2017
Ms Deborah M O'Toole Non-Executive Director 1 Nov 2014
Mr John T DiLacqua Non-Executive Director 1 Sep 2011
Mr James Theodore Thompson Non-Executive Director 20 Nov 2009
Mrs Heather M Ridout Non-Executive Director 1 Sep 2011
Mr Michael (Mike) Patrick Kane Non-Executive Director 20 Mar 2019
Ms Georgia Nelson Non-Executive Director 1 Nov 2014
Mr Hiroyuki Kato Non-Executive Director 8 Nov 2018
Mr Geoffrey (Geoff) Norman Brunsdon Non-Executive Director, Non-Executive Chairman 20 Nov 2009

SGM Management

Name Position
Gretchen Johanns Company Secretary
Angela Catt Company Secretary

SGM Substantial Shareholders

Holding Name
33,450,338 (16.40%) Mitsui Raw Materials Developments Pty Ltd
14,972,373 (7.30%) Allan Gray Australia Pty Ltd
14,832,298 (7.30%) UBS Group AG
13,316,571 (6.50%) Paradice Investment Management Pty Ltd
12,457,894 (6.20%) FIL Limited
11,917,529 (6%) Cooper Investor Pty Ltd
10,296,187 (5%) Dimensional Entities

SGM Calendar of Events

Date Event
19 February 2020 Report (Interim)
07 October 2019 Report (Annual)
23 August 2019 Report (Prelim)

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