Sims Ltd
SGM: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.< | LOCK|@M | LOCK|tyNph$ |
Lifting Sims' Fiscal 2026 Earnings on High Nonferrous Prices
Business Strategy and Outlook
We expect increased demand for scrap metals over our forecast period, driven by growth in electric arc furnaces, spending on infrastructure, and steel and copper as the main materials in vehicles, electronics, and machinery.
