How to buy Sims shares

Own Sims shares in just a few minutes.

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Sims Limited is a steel business based in Australia. Sims shares (SGM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Sims has a trailing 12-month revenue of around $4.7 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Sims

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Sims. Find the share by name or ticker symbol: SGM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sims reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Sims. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Sims share price

Use our graph to track the performance of SGM stocks over time.

Sims shares at a glance

Information last updated 2021-06-18.
52-week range$7.19 - $17.69
50-day moving average $16.2078
200-day moving average $14.371
Target price$14.07
PE ratio N/A
Dividend yield $0.12 (0.73%)
Earnings per share (TTM) $0.742

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
ThinkMarkets Share Trading
AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
⭐ Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until July 31, 2021 when you join Bell Direct.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Is it a good time to buy Sims stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Sims price performance over time

Historical closes compared with the last close of A$16.34

1 week (2021-06-11) -2.16%
1 month (2021-05-21) 5.62%
3 months (2021-03-19) 15.15%
6 months (2020-12-18) 29.89%
1 year (2020-06-19) 99.27%
2 years (2019-06-20) 57.57%
3 years (2018-06-20) -6.15%
5 years (2016-06-20) 111.93%

Is Sims under- or over-valued?

Valuing Sims stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sims's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sims's PEG ratio

Sims's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.38. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Sims's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Sims's EBITDA

Sims's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $47.1 million.

The EBITDA is a measure of a Sims's overall financial performance and is widely used to measure a its profitability.

Sims financials

Revenue TTM $4.7 billion
Gross profit TTM $530.6 million
Return on assets TTM -1.59%
Return on equity TTM -5.92%
Profit margin -2.6%
Book value 9.57
Market capitalisation $3.3 billion

TTM: trailing 12 months

Sims share dividends

We're not expecting Sims to pay a dividend over the next 12 months.

Sims share price volatility

Over the last 12 months, Sims's shares have ranged in value from as little as $7.19 up to $17.69. A popular way to gauge a stock's volatility is its "beta".

SGM.AU volatility(beta: 1.27)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Sims's is 1.2709. This would suggest that Sims's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Sims overview

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, China, Turkey, South Korea, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services. It is involved in the collection, processing, and trading of iron and steel secondary raw materials; and other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials. The company also engages in the provision of environmentally responsible solutions for the disposal of post-consumer electronic products, such as information technology assets recycled for commercial customers; and environmentally responsible recycling of negative value materials, including electrical and electronic equipment. In addition, it provides secondary processing and other services comprising recycling of municipal curbside materials, stevedoring, and other sources of service. Sims Limited was founded in 1917 and is headquartered in Mascot, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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