SimsSMSMY -1.49%72 Pretax Margin % is -0.17% as of Dec. 2025. GuruFocus rates SMSMY with a GF Score™ of 72/100 and a GF Value™ of $11.03 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 615 Steel companies, Sims ranks worse than 72.68% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sims's Pre-Tax Income for the
six
months ended in Dec. 2025 was $-4 Mil. Sims's Revenue for the
six
months ended in Dec. 2025 was $2,511 Mil. Therefore, Sims's pretax margin for the quarter that ended in Dec. 2025 was -0.17%.
The historical rank and industry rank for Sims's Pretax Margin % or its related term are showing as below:
SMSMY'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.15 Med: 3.29 Max: 8.18
Current: -0.29
SMSMY's Pretax Margin % is ranked worse than 72.68% of 615
companies
in the Steel industry
Industry Median: 2.56
vs SMSMY: -0.29
Sims (OTCPK:SMSMY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Sims Pretax Margin % Related Terms
Sims Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Sims's Pretax Margin % 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: Pretax Margin % Comparison
For the Steel subindustry, Sims's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Sims's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sims's Pretax Margin % falls into.
* 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 Pretax Margin % of -0.17% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sims and its competitors. According to the industry distribution chart, Sims ranks #447 out of 615 companies in the Steel industry, placing it in the top 72.7%.
Is Sims' Pretax Margin % too high?
Sims' current Pretax Margin % is -0.17%. Based on the distribution chart, Sims ranks #447 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Sims has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sims' Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sims ranks #447 out of 615 companies for Pretax Margin %. This places Sims in the lower half of its industry. The industry median Pretax Margin % is 2.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.56, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sims and its competitors. For the Steel industry, the median Pretax Margin % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sims's current Pretax Margin % is -0.17%. 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 $11.03, compared to a current price of $19.23 — trading 74.3% above its estimated fair value. The current Pretax Margin % is -0.17%. Sims' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Sims (SMSMY), the current Pretax Margin % is -0.17% 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 $19.23 is trading 74.3% above its estimated GF Value™ of $11.03.
GuruFocus considers Sims to be Significantly Overvalued.
Key valuation signals for SMSMY:
Pretax Margin %: -0.17%
GF Value™: $11.03 vs. price of $19.23 (74.3% above fair value)
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.
72GF Score
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