Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SimsSMSMY 69 Equity-to-Asset is 0.58 as of Dec. 2025, which is 5% below its 10-year median of 0.61. GuruFocus rates SMSMY with a GF Score™ of 69/100 and a GF Value™ of $10.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 634 Steel companies, Sims ranks better than 57.26% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sims's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $1,660 Mil. Sims's Total Assets for the quarter that ended in Dec. 2025 was $2,882 Mil.
Therefore, Sims's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.58.
The historical rank and industry rank for Sims's Equity-to-Asset or its related term are showing as below:
SMSMY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.61 Max: 0.72
Current: 0.58
During the past 13 years, the highest Equity to Asset Ratio of Sims was 0.72. The lowest was 0.52. And the median was 0.61.
SMSMY's Equity-to-Asset is ranked better than 57.26% of 634
companies
in the Steel industry
Industry Median: 0.54
vs SMSMY: 0.58
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Sims Equity-to-Asset Related Terms
Sims Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Sims's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SMSMY vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Sims's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sims Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Sims's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sims's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Sims's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sims (SMSMY) has a Equity-to-Asset of 0.58 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sims and its competitors. This is near median its historical median of 0.61. Over the past decade, Sims' Equity-to-Asset has ranged from 0.52 to 0.72. According to the industry distribution chart, Sims ranks #271 out of 634 companies in the Steel industry, placing it in the top 42.7%.
Is Sims' Equity-to-Asset too high?
Sims' current Equity-to-Asset of 0.58 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.72. The Steel industry median Equity-to-Asset is 0.54. Sims' value of 0.58 is 7.4% above this industry median. Based on the distribution chart, Sims ranks #271 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Sims has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sims' Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Sims ranks #271 out of 634 companies for Equity-to-Asset. This puts Sims in the upper half of its industry. The industry median Equity-to-Asset is 0.54. Sims' value of 0.58 is 7.4% above this benchmark. Historically, Sims' own Equity-to-Asset has ranged from 0.52 to 0.72 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.54, Sims has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sims's current Equity-to-Asset of 0.58 is 7.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sims and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sims's current Equity-to-Asset is 0.58, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sims stock overvalued right now?
Based on GuruFocus' analysis, Sims (SMSMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.86, compared to a current price of $19.01 — trading 75% above its estimated fair value. The current Equity-to-Asset is 0.58, which is near median its 10-year median of 0.61 and 7.4% above the Steel industry median of 0.54. Sims' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sims (SMSMY), the current Equity-to-Asset is 0.58 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sims (SMSMY) Overvalued in 2026?
Based on GuruFocus' analysis, Sims stock appears to be overvalued.
The current stock price of $19.01 is trading 75% above its estimated GF Value™ of $10.86.
GuruFocus considers Sims to be Significantly Overvalued.
Key valuation signals for SMSMY:
Equity-to-Asset: 0.58 (near median its 10-year median of 0.61)
GF Value™: $10.86 vs. price of $19.01 (75% above fair value)
Industry Position: 7.4% above the Steel median (#271 of 634)
No single metric tells the full story. See the SMSMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal.Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.
69GF Score
Get the complete analysis for SMSMY
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SMSMY has been successfully added to your 
