Sims Metal Management Ltd Net Assets
Sims Metal Management Ltd net assets. Based on the latest financial reports, Sims Metal Management Ltd (I8M) has net assets worth €2.59 Billion EUR (≈ $3.02 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.45 Billion ≈ $5.20 Billion USD) and total liabilities (€1.86 Billion ≈ $2.17 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Sims Metal Management Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.59 Billion |
| % of Total Assets | 58.18% |
| Annual Growth Rate | -1.32% |
| 5-Year Change | 22.07% |
| 10-Year Change | 41.16% |
| Growth Volatility | 13.4 |
Net Assets of Sims Metal Management Ltd (2011–2025)
Net assets of Sims Metal Management Ltd from 2011 to 2025. This chart illustrates how Sims Metal Management Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Sims Metal Management Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Sims Metal Management Ltd (2011–2025)
The table below shows the annual net assets of Sims Metal Management Ltd from 2011 to 2025. For live market cap and overall valuation, see market cap of Sims Metal Management Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €2.59 Billion ≈ $3.02 Billion |
+0.94% |
| 2024-06-30 | €2.56 Billion ≈ $3.00 Billion |
-3.54% |
| 2023-06-30 | €2.66 Billion ≈ $3.11 Billion |
+4.70% |
| 2022-06-30 | €2.54 Billion ≈ $2.97 Billion |
+19.74% |
| 2021-06-30 | €2.12 Billion ≈ $2.48 Billion |
+6.90% |
| 2020-06-30 | €1.98 Billion ≈ $2.32 Billion |
-13.76% |
| 2019-06-30 | €2.30 Billion ≈ $2.69 Billion |
+5.03% |
| 2018-06-30 | €2.19 Billion ≈ $2.56 Billion |
+11.24% |
| 2017-06-30 | €1.97 Billion ≈ $2.30 Billion |
+7.37% |
| 2016-06-30 | €1.83 Billion ≈ $2.14 Billion |
-13.27% |
| 2015-06-30 | €2.11 Billion ≈ $2.47 Billion |
+15.21% |
| 2014-06-30 | €1.83 Billion ≈ $2.14 Billion |
+3.87% |
| 2013-06-30 | €1.77 Billion ≈ $2.06 Billion |
-24.58% |
| 2012-06-30 | €2.34 Billion ≈ $2.74 Billion |
-24.90% |
| 2011-06-30 | €3.12 Billion ≈ $3.64 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Sims Metal Management Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 194.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Sims Metal Management Ltd Net Assets Breakdown (June 2025)
Sims Metal Management Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.13 Billion | 121.12% |
| Total Equity | €2.59 Billion | 100.00% |
Sims Metal Management Ltd Competitors by Market Cap
The table below lists competitors of Sims Metal Management Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIASUN Robot Automation Co
SHE:300024
|
$2.93 Billion |
|
Asker Healthcare
ST:ASKER
|
$2.93 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
$2.94 Billion |
|
GRG Banking Equipment Co Ltd
SHE:002152
|
$2.94 Billion |
|
KPJ Healthcare Bhd
KLSE:5878
|
$2.93 Billion |
|
TGS NOPEC Geophysical Company ASA
OL:TGS
|
$2.93 Billion |
|
Wilh Wilhelmsen Holding ASA A
OL:WWI
|
$2.93 Billion |
|
Schouw & Co.
CO:SCHO
|
$2.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sims Metal Management Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,562,700,000 to 2,586,800,000, a change of 24,100,000 (0.9%).
- Net loss of 19,000,000 reduced equity.
- Dividend payments of 38,600,000 reduced retained earnings.
- Other factors increased equity by 81,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-19.00 Million | -0.73% |
| Dividends Paid | €38.60 Million | -1.49% |
| Other Changes | €81.70 Million | +3.16% |
| Total Change | €- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Sims Metal Management Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.31x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €9.93 | €12.99 | x |
| 2018-06-30 | €10.80 | €12.99 | x |
| 2019-06-30 | €11.34 | €12.99 | x |
| 2020-06-30 | €9.86 | €12.99 | x |
| 2021-06-30 | €10.52 | €12.99 | x |
| 2022-06-30 | €13.18 | €12.99 | x |
| 2023-06-30 | €13.85 | €12.99 | x |
| 2024-06-30 | €13.28 | €12.99 | x |
| 2025-06-30 | €13.44 | €12.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sims Metal Management Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.25%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.72x
- Recent ROE (-0.73%) is below the historical average (-0.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 6.43% | 2.12% | 2.12x | 1.43x | €-111.21 Million |
| 2012 | -27.26% | -6.88% | 2.58x | 1.54x | €-872.19 Million |
| 2013 | -24.16% | -6.47% | 2.47x | 1.51x | €-603.15 Million |
| 2014 | -4.85% | -1.26% | 2.66x | 1.44x | €-272.29 Million |
| 2015 | 5.20% | 1.74% | 2.20x | 1.36x | €-101.38 Million |
| 2016 | -11.81% | -4.65% | 1.81x | 1.40x | €-399.75 Million |
| 2017 | 10.35% | 4.01% | 1.85x | 1.39x | €6.84 Million |
| 2018 | 9.30% | 3.16% | 2.01x | 1.46x | €-15.37 Million |
| 2019 | 6.64% | 2.30% | 2.08x | 1.39x | €-77.27 Million |
| 2020 | -13.38% | -5.40% | 1.53x | 1.62x | €-463.53 Million |
| 2021 | 10.83% | 3.88% | 1.58x | 1.77x | €17.49 Million |
| 2022 | 23.62% | 6.47% | 2.09x | 1.75x | €345.55 Million |
| 2023 | 6.82% | 2.25% | 1.71x | 1.77x | €-84.57 Million |
| 2024 | -2.26% | -0.80% | 1.47x | 1.91x | €-314.07 Million |
| 2025 | -0.73% | -0.25% | 1.69x | 1.72x | €-277.68 Million |
Industry Comparison
This section compares Sims Metal Management Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $33,228,713,100
- Average return on equity (ROE) among peers: 5.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sims Metal Management Ltd (I8M) | €2.59 Billion | 6.43% | 0.72x | $2.93 Billion |
| Tiangong International Company Limited (34T1) | $4.82 Billion | 5.37% | 1.08x | $879.28 Million |
| Zanaga Iron Ore Company Limited (6ZA) | $39.42 Million | -4.71% | 0.00x | $12.65 Million |
| Aperam SA (7AA) | $2.95 Billion | 32.78% | 1.00x | $2.88 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.21 Billion | 0.28% | 0.61x | $2.98 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.10 Billion | -1.91% | 1.68x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $2.97 Billion | 9.73% | 0.76x | $39.90 Billion |
| BCI Minerals Limited (BC3) | $104.12 Million | 0.36% | 0.31x | $628.64 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $16.80 Billion | 1.90% | 0.49x | $55.68 Million |
| Da Ming International Holdings Limited (DM7) | $2.01 Billion | 8.26% | 1.97x | $50.35 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $297.28 Billion | 0.17% | 0.88x | $3.66 Billion |
About Sims Metal Management Ltd
Sims Limited engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, China, India, Thailand, 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 collectio… Read more