Sims Ltd
SGM: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&r | LOCK|hSm | LOCK|R@h?Y< |
Sims: Steeled for Growth in Artificial Intelligence
Sims' first-half fiscal 2026 underlying EBIT of AUD 121 million was 66% higher than the prior year on a mix-shift to higher-margin sales. AI-driven demand has lifted prices for non-ferrous metals, such as copper and aluminum, and supported exceptional growth in Sims' computer recycling business.
