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1 Comment
Sims Limited is currently in a long term uptrend where the price is trading 17.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.7.
Sims Limited's total revenue sank by 9.5% to $2B since the same quarter in the previous year.
Its net income has increased by 158.2% to $53M since the same quarter in the previous year.
Finally, its free cash flow grew by 154.0% to $52M since the same quarter in the previous year.
Based on the above factors, Sims Limited gets an overall score of 4/5.
ISIN | AU000000SGM7 |
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Sector | Basic Materials |
Industry | Steel |
CurrencyCode | AUD |
Exchange | AU |
Market Cap | 3B |
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Beta | 1.35 |
Dividend Yield | 1.7% |
Target Price | 15.46 |
PE Ratio | 7.19 |
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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