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Overview
In The News
Executives & Employees
Board of Directors
Paths
Owners & Shareholders
Recent Transactions
Transaction Advisors
Advisors & Consultants
Clients
Financials
Suppliers
Competitors

Sims Metal Management Ltd.

Overview

Date Founded
1917
Headquarters
Sir Joseph Banks Corporate Park, 32-34 Lord Street, Suite 3, Level 2, Botany, New South Wales (nsw) 2019
Type of Company
Public
Employees (Worldwide)
4,500
Industries
Metal Manufacturing & Products

Wholesale: Industrial Products & Manufacturing
Company Description
Sims Metal Management’s North American Division and Joint Ventures are located in 23 U.S. states and employ more than 3,500 of the best and brightest men and women in the industry. The company has a vast network of Sims Metal Management and Joint Venture facilities – 120 across North America – that enables Sims Metal Management to offer convenient options for both suppliers and customers. Even with this large geographic footprint, Sims Metal Management maintains the strongest commitment to the environment, sustainability and the health of the communities in which we do business. In all aspects of the business, we strive to implement best practices and the ideals of our Safety, Health, Environment and Commitment (SHEC) Policy. We take seriously our efforts to be a good community and environmental partner. Our Goal Sims Metal Management’s goal is to enhance and grow its core metal recycling business internationally while also developing an innovative recycling solutions business.
Website

In The News See More

Australian Financial Review
December 8, 2017
RelSci
December 7, 2017
Australian Financial Review
October 12, 2017
PR Newswire
September 20, 2017
Australian Financial Review
September 8, 2017
See full news coverage and complete stories with RelSci Professional.

Executives & Employees See More


Group Chief Executive Officer & Managing Director

Chairman & Director

Chief Financial Officer

Co-Secretary & General Counsel

Group General Counsel & Company Secretary

Group Chief Development Officer

Group Chief Human Resources Officer

President of Sims Group Global Trade Corporation

Group Vice President Shecs

Interim Group Chief Financial Officer & Chief Accounting Officer
See our list of current and previous employees when you upgrade.

Board of Directors


Former Managing Director & Head-Investment Banking at Merrill Lynch International (United Kingdom)

Former Partner at Deloitte LLP

President & Chief Executive Officer at PTI Resources LLC

Former Chief Financial Officer & Executive Vice President at Aurizon Holdings Ltd.

Group Chief Executive Officer & Managing Director at Sims Metal Management Ltd.

Independent Non-Executive Director, Board of Directors at Sims Metal Management Ltd.

Former Chief Executive Officer at Australian Industry Group

President at Sato Metal Trading Co., Ltd.

Chairman & Director at Sims Metal Management Ltd.

Founder at Commonwealth Projects LLC
See our list of current and previous board members when you upgrade.

Paths to Sims Metal Management Ltd.

Sims Metal Management Ltd.
You
Connections via Relationship Science
Sims Metal Management Ltd.
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Owners & Shareholders

Details Hidden
Fidelity Australia is an active, long-term manager which believes that markets are semi-efficient, that inefficiencies exist in the pricing of stocks and that the inefficiencies can be exploited. The firm specializes in Australian equity for a broad range of investors and is backed by their parent company's global research network. They construct portfolios using a bottom-up process considering market trends but not being driven by them.The firm strongly believes that their ability to exploit market inefficiencies sets them apart and performs in-depth fundamental research and analysis for each considered security.They frequently visit senior company management and companies' offices, plants and factories and take a similar approach to assess their customers, suppliers, distributors and competitors.
Details Hidden
Allan Gray Australia is a contrarian, value-oriented investment manager with a long-term investment horizon. They focus on companies whose share price is significantly lower than their underlying value as determined by fundamentals such as competitive position, return on capital and sensible management. The firm constructs portfolios concentrated in the shares of companies whose prospects are currently most underestimated by investors. They evaluate investee companies long-term value, such as management quality, key financial ratios, their balance sheet and the company's business focus and prospects.
Details Hidden
CI is an active manager which employs their VOF framework, a methodology for processing, filtering and understanding information based on fundamentally-driven research, to invest in companies that can deliver absolute returns. Their key principle is to invest by observing and not predicting.The firm assesses companies for their value latency (potential to provide upside due to their ability to generate cash, taking into account cash flow, growth options, non-cash assets, risks and the cost of money). They first examine operating, industry and strategic trends (indicators, themes, milestones, catalysts, events and corporate actions that either precede an improved outlook for the company/industry or confirm underlying sustainable trends) and ultimately focus on industry and management behavior.CI leverages their proprietary system and database for ranking both qualitative and quantitative information on stocks and industries. They manage a variety of pooled wholesale trusts and individual mandates, investing in Australian equities, international securities or a mixture of both. They invest worldwide, with a focus on Australia, New Zealand and Asia.
Details Hidden
Paradice is an active, medium- to long-term manager which employs a bottom-up approach including qualitative and quantitative analyses to invest in small, mid, large and global equities. They invest globally but have a focus on Australia.The firm aims to buy shares which they believe are underpriced and expect to grow at rates greater than the market, favoring well-managed, good value companies that have significant growth opportunities due to competetive advantage.Paradice's company visitation program utilizes proven valuation techniques and models including Price to Earnings, yield, free cashflow, discounted cashflow, EBIT, sales margin, revenue and profit growth half by half, enterprise valuation multiple, interest coverage, return on assets, return on equity and return on incremental capital employed.In addition, they assess potential companies' financial statements, the industry in which they operate, their market position, comparative advantage, business strategy, operating systems, the quality of their Board and management and whether the key drivers of the business are sustainable.
Details Hidden
Challenger-IM is an active real estate securities manager which employs a top-down and bottom-up research and analysis approach. They select investments with the aim of delivering a projected rate of return above that of listed real estate trusts.The firm selects listed infrastructure securities, first using cash flow and market intelligence from numerous sources to screen ideas. They then examine the company's business including monopoly status and customer base, pricing power, operating margins, volatility of cash flows and probability of distributions. Then the firm performs fundamental analysis and valuation, developing a report on the key financial and qualitative aspects for the remaining securities. Of these, 15 to 25 stocks make it through to the final portfolio, with appropriate industry and country diversification.Challenger-IM selects and manages unlisted infrastructure assets, first looking at geography, quality of asset, potential yield, quality of management and the competitive environment. Deals that get through the first phase are then subject to investigation by a multidisciplinary team, which looks at tax, structure, legal issues, financial modeling and comprehensive market and asset-specific information. Finally, a dedicated asset manager is assigned to each project and reports back to the portfolio manager with regular updates on all key issues.The final portfolio reflects the outcome of the firm's fundamental security and asset selection process by the listed infrastructure securities and unlisted infrastructure asset teams. Asset allocation is determined by the portfolio manager.
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Recent Transactions

Details Hidden
Soave Enterprises LLC, Ferrous Processing & Trading Co. purchase Sims Metal Management Ltd /Detroit & Toledo Recycling Assets from Sims Metal Management Ltd.
Details Hidden
Steel Dynamics, Inc. purchases Sims Metal Management Ltd. /Metals Recycling Facilities from Sims Metal Management Ltd.
Details Hidden
Metraco NV purchases FE Mottram Ltd. from Sims Metal Management Ltd. - (Pending)
Details Hidden
Sims Metal Management Ltd., SA Recycling LLC, Adams Steel LLC (California) purchase Newell Recycling Southeast LLC
Details Hidden
Sage Sustainable Electronics LLC purchases Hugo Neu Recycling LLC from Sims Metal Management Ltd.
See 21 more listings with RelSci Professional.

Transaction Advisors

Companies ▾
Legal Advisor
Advised on Sims Group Ltd. purchases Metal Management, Inc. resulting in a new company Sims Metal Management Ltd.
Investment Advisor
Advised on Sims Metal Management Ltd., Sims Group UK Ltd. purchase Dunn Bros (1995) Ltd.
Investment Advisor
Advised on Sims Metal Management Ltd., Sims Metal Management Dragon Holdings Ltd. purchase Chiho Environmental Group Ltd. from HWH Holdings Ltd., Delco Participation BV
People ▾
Legal Advisor
Advised on Sims Group Ltd. purchases Metal Management, Inc. resulting in a new company Sims Metal Management Ltd.

Advisors & Consultants

People ▾
Legal Advisor

Partner at Baker & McKenzie LLP
Advisor

Partner at Baker & McKenzie LLP
Legal Advisor

Partner at Baker & McKenzie LLP
Consultant

Director at Proler Southwest, Inc.
Consultant

Former Chief Financial Officer, Treasurer & Executive Vice President-Finance at Metal Management, Inc.

Clients

Companies ▾
   Inchon, IN
Hyundai Steel Co. engages in the manufacture and sale of steel products. Its products include bar-shaped steel, board, and heavy machines for construction, industrial, automobile, half-finished products, and by-products. The company was founded on June 10, 1953 and is headquartered in Incheon, South Korea.
   Seoul, SL
POONGSAN HOLDINGS Corp. engages in the management of its subsidiaries and in the manufacture and sale of packaging materials and machines. It operates through the Management and Manufacturing Business divisions. The Management division provides consulting, information technology, and brand management services to its subsidiaries. The Manufacturing divisions offers multi gage, packaging materials, and machines. The company was founded on October 22, 1968 and is headquartered in Seoul, South Korea.
   Pohang-si, NG
POSCO M-TECH Co., Ltd. engages in the manufacture and sale of steel packaging systems. It operates through the following Business Divisions: Steel Adjunct, Packaging, and Consignment. The Steel Adjunct division provides aluminium deoxidizer pellet and ingot. The Packaing division offers steel packaging human resources and engineering and others. The Consignment division provides ferosilicon, ferromanganese, and others. The company was founded on December 27, 1973 and is headquartered in Pohang-si, South Korea.

Key Stats and Financials as of 6/30/2017

Market Capitalization
$3.09B
Total Enterprise Value
$2.66B
Earnings Per Share
$1.03
Revenue
$5.08B
Enterprise Value Sales
0.52x
TEVNet Income
13.04x
Debt TEV
0x
Total Debt
$5.5M
Total Equity
$1.97B
Net Profit
$204M
EBITDAMargin
12.99%
Enterprise Value EBITDAOperating
4.02x
EBITDA
$660M
Three Year Compounded Annual Growth Rate Of Revenue
-10.68%
Five Year Compounded Annual Growth Rate Of Revenue
-10.88%
See financial details and more using RelSci Professional.

Suppliers

   Other Business & Consulting Services    London, GL
Brady Plc engages in the provision of trading, risk management and settlement solutions to the energy, metals, recycling and soft commodity industries, through the delivery of client focused software and services. The company produces a complete integrated solution supporting entire commodities trading operations. It operates through the following business units: Commodities, Energy, and Recycling. The Commodities unit produces solutions to facilitate the transaction from producer to marketplace and enables efficient management of contracts and products. The Energy unit offers to improve business processes and helps achieve business efficiency. The Recycling unit manages enterprise information requirements as well as operations across multiple locations, time zones, and continents. The company was founded by Robert Michael Brady in 1985 and is headquartered in London, the United Kingdom.
   Engineering, Construction & Architecture    Naval Base, WA
Southern Cross Electrical Engineering Ltd. engages in the provision of electrical and instrumentation services to the resources, energy, and infrastructure sectors. The firm operates through the Australia, and South America and Caribbean geographical segments. It designs and constructs high voltage power line distribution, switchyards, and substations; installs and commissions Greenfield and major brownfield upgrade projects; and provides operations support, maintenance, sustaining capital management, and brownfield design and construction services. The company was founded by Gianfranco Tomasi in 1978 and is headquartered in Naval Base, Australia.
   Wholesale: Raw Materials    Lexington, KY
Valvoline, Inc. engages in the provision of automotive lubricants and motor oils. The company operates under the following segments: Core North America, Quick Lubes and International. Its brands include All Climate, DuraBlend, and MaxLife. The company's products include motor oil, gear oil, pro-v racing and antifreeze and radiator. Valvoline was founded in 1866 and is headquartered in Lexington, KY.

Competitors

   Metal Manufacturing & Products    Luxembourg, LU
With 100 million tonnes of annual production capacity and 260,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. We are the leader in all major global steel markets, including automotive, construction, household appliances and packaging, with leading research and development and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. With an industrial presence in more than 22 countries spanning four continents, the company covers all of the key steel markets, from emerging to mature
   Metal Manufacturing & Products    Pittsburgh, PA
ATI is one of the largest and most diversified specialty metals producers in the world, serving growing global markets worldwide. ATI seeks to be the world's best specialty metals company by providing our customers with unmatched product breadth, unparalleled technical depth and unsurpassed manufacturing capabilities that solve their most difficult challenges.
   Waste Management & Recycling    HOUSTON, TX
Waste Management, Inc. engages in provision of waste management environmental services. It operates through the following business segments: Tier 1. Tier 2 and Tier 3. The Tier 1 segment comprises exclusively of areas in the Southern United States. The Tier 2 segment comprises predominately of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.
   Metal Manufacturing & Products    New York, NY
Alcoa Corp. engages in the production of bauxite, alumina and aluminum products. It operates through the following segments: Bauxite, Alumina, Aluminum, Cast Products, Energy and Rolled Products. The Bauxite segment portfolio represents its bauxite mining assets and it is mined and sold primarily to internal customers within the Alumina segment, who then process it into alumina. The Alumina segment represents its worldwide refining system, which processes bauxite into alumina, which is mainly sold directly to internal and external smelter customers worldwide. The Aluminum segment represents its worldwide smelter system, which receives alumina, mostly from the Alumina segment, and produces molten primary aluminum. The Cast Products segment represents its worldwide cast house system, which are made from molten aluminum, purchased primarily from its Aluminum segment, which is then formed into various value-added ingot products, including billet and slab, for use in fabrication operations in a variety of industries. The Energy segment represents portfolio of energy assets. The Rolled Products segment represents its rolling mill in Warrick, Indiana, which produces aluminum sheet primarily sold directly to customers in the packaging end market for the production of aluminum cans. Alcoa Corporation began operation as a separate company on November 1, 2016 and was formed by Alcoa Inc. (now named Arconic Inc.) via a distribution of shares (spinoff) to existing Alcoa Inc. stockholders. The company is headquartered in New York, NY.
   Metal Manufacturing & Products    West Chester, OH
Headquartered in West Chester, Ohio (Greater Cincinnati), AK Steel is a world leader in the production of flat-rolled carbon, stainless and electrical steel products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company operates seven steel plants and two tube manufacturing plants across four states: Indiana, Kentucky, Ohio and Pennsylvania. James L. Wainscott is AK Steel’s Chairman, President and Chief Executive Officer. He was named AK Steel President and CEO in October of 2003 and Chairman of the Board in January of 2006. AK Steel is a publicly held company traded over the New York Stock Exchange under the symbol AKS and is a component of the FORTUNE 500 – aligning the company with many of the most prominent corporations in America. AK Steel employs about 6,200 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana and its corporate headquarters. AK Tube LLC, a wholly-owned subsidiary of AK Steel, employs about 300 men and women at plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and stainless electric resistance welded (ERW) tubularsteel products for truck, automotive and other markets. AK Coal Resources, Inc., another wholly-owned subsidiary of AK Steel, owns or leases metallurgical coal reserves in Somerset County, Pennsylvania. AK Steel also owns 49.9% of Magnetation LLC, a joint venture headquartered in Grand Rapids, Minnesota, which produces iron ore concentrate from previously mined ore reserves. AK Steel's 2011 revenues reached approximately $6.5 billion. The company was named “Steel Producer of the Year” by American Metal Market in 2010 and is recognized by Toyota for supplier diversity performance achievement. AK Steel’s heritage spans more than 100 years, beginning in 1899 when the company’s predecessor, Armco, was incorporated in Middletown, Ohio. Over the past century, the company has provided jobs to hundreds of thousands of people, given back to its communities and provided pensions and benefits to generations of retirees. AK Steel’s proud past represents much more than a century of steelmaking at the company. It demonstrates the corporation’s ability to operate a sustainable business and adapt to more than 100 years of technological, regulatory and economic changes. That is AK Steel’s legacy, which the company will continue to build upon as it moves ahead toward a bright future.
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