Sims Limited engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, India, Thailand, China, Turkey, the United States, and internationally. The company operates through five segments: North America Metal; Australia/New Zealand Metal; Investment in SA Recycling; Sims Lifecycle Services; and Global Trading Operations. It is also involved in the collection, processing, and trading of secondary raw material from iron and steel; and other metal alloys and residues, such as aluminum, lead, copper, zinc, and nickel bearing materials. In addition, the company engages in the provision of IT recycling, repurposing and resale services; Secondary processing and other services comprise stevedoring and other services; and rental of properties. Further, it provides technology infrastructure lifecycle solutions for enterprise and hyperscale customers, including the repurposing and recycling of data centre equipment and components. The company was formerly known as Sims Metal Management Limited and changed its name to Sims Limited in November 2019.Sims Limited was founded in 1917 and is headquartered in Sydney, Australia.
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5 years, 5 months ago
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.