How to buy Sims (SGM) shares
Learn how to easily invest in Sims shares.
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Sims 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 $5.9 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Sims
- 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.
- 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.
- 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.
- 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.
- 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.
- 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 stock price (ASX:SGM)Use our graph to track the performance of SGM stocks over time.
Sims shares at a glance
|52-week range||$11.6491 - $17.8488|
|50-day moving average||$15.3038|
|200-day moving average||$15.286|
|Dividend yield||$0.42 (2.68%)|
|Earnings per share (TTM)||$1.128|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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
|1 week (2022-01-11)||1.49%|
|1 month (2021-12-17)||1.03%|
|3 months (2021-10-18)||10.17%|
|6 months (2021-07-16)||-0.76%|
|1 year (2021-01-18)||16.89%|
|2 years (2020-01-17)||36.37%|
|3 years (2019-01-18)||43.47%|
|5 years (2017-01-18)||25.78%|
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 P/E ratio
Sims's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Sims shares trade at around 14x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
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 (earnings before interest, taxes, depreciation and amortisation) is $230.6 million (£0.0 million).
The EBITDA is a measure of a Sims's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$5.9 billion|
|Operating margin TTM||1.87%|
|Gross profit TTM||$852.2 million|
|Return on assets TTM||1.99%|
|Return on equity TTM||11.19%|
|Market capitalisation||$3.1 billion|
TTM: trailing 12 months
Sims share dividends
Dividend payout ratio: 37.5% of net profits
Recently Sims has paid out, on average, around 37.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sims shareholders could enjoy a 2.68% return on their shares, in the form of dividend payments. In Sims's case, that would currently equate to about A$0.42 per share.
While Sims's payout ratio might seem fairly standard, it's worth remembering that Sims may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 4 October 2021 (the "ex-dividend date").
Sims share price volatility
Over the last 12 months, Sims's shares have ranged in value from as little as $11.6491 up to $17.8488. A popular way to gauge a stock's volatility is its "beta".
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 1.4348. 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 Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, 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.
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Sims in the news
What Type Of Shareholders Own The Most Number of Sims Limited (ASX:SGM) Shares?
Sims : Application for quotation of securities - SGM
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