The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products in the United States and internationally.
Average dividend payer with mediocre balance sheet.
Share Price & News
How has Scotts Miracle-Gro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SMG exceeded the US Chemicals industry which returned 4.3% over the past year.
Return vs Market: SMG exceeded the US Market which returned 15.4% over the past year.
Price Volatility Vs. Market
How volatile is Scotts Miracle-Gro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHere's What To Make Of Scotts Miracle-Gro's (NYSE:SMG) Returns On Capital
2 weeks ago | Simply Wall StWhat Is The Scotts Miracle-Gro Company's (NYSE:SMG) Share Price Doing?
3 weeks ago | Simply Wall StWould The Scotts Miracle-Gro Company (NYSE:SMG) Be Valuable To Income Investors?
Is Scotts Miracle-Gro undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SMG ($156.76) is trading above our estimate of fair value ($139.64)
Significantly Below Fair Value: SMG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SMG is poor value based on its PE Ratio (26.7x) compared to the US Chemicals industry average (24.3x).
PE vs Market: SMG is poor value based on its PE Ratio (26.7x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: SMG is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: SMG is overvalued based on its PB Ratio (8.7x) compared to the US Chemicals industry average (2.1x).
How is Scotts Miracle-Gro forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMG's forecast earnings growth (8.5% per year) is above the savings rate (2.2%).
Earnings vs Market: SMG's earnings (8.5% per year) are forecast to grow slower than the US market (22.6% per year).
High Growth Earnings: SMG's earnings are forecast to grow, but not significantly.
Revenue vs Market: SMG's revenue (2.3% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: SMG's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMG's Return on Equity is forecast to be very high in 3 years time (50.2%).
How has Scotts Miracle-Gro performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMG has high quality earnings.
Growing Profit Margin: SMG's current net profit margins (8.7%) are lower than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: SMG's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: SMG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMG had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Chemicals industry average (-19.5%).
Return on Equity
High ROE: Whilst SMG's Return on Equity (32.59%) is high, this metric is skewed due to their high level of debt.
How is Scotts Miracle-Gro's financial position?
Financial Position Analysis
Short Term Liabilities: SMG's short term assets ($1.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SMG's short term assets ($1.8B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: SMG's debt to equity ratio (155%) is considered high.
Reducing Debt: SMG's debt to equity ratio has increased from 154.1% to 155% over the past 5 years.
Debt Coverage: SMG's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: SMG's interest payments on its debt are well covered by EBIT (6.5x coverage).
What is Scotts Miracle-Gro current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SMG's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: SMG's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Stability and Growth of Payments
Stable Dividend: SMG's dividends per share have been stable in the past 10 years.
Growing Dividend: SMG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.6%), SMG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SMG's dividends in 3 years are forecast to be well covered by earnings (36.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Hagedorn (65 yo)
Mr. James S. Hagedorn, also known as Jim, has been the Chief Executive Officer at The Scotts Miracle-Gro Company since May 2001 and has been the Chairman of the Board since January 2003 and has been its Ex ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD7.92M) is about average for companies of similar size in the US market ($USD7.33M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Chairman of the Board||19.25yrs||US$7.92m||0.10% |
|President & COO||4.5yrs||US$3.37m||0.056% |
|Executive VP & CFO||6.33yrs||US$3.03m||0.042% |
|Executive VP||7.08yrs||US$1.72m||0.019% |
|Executive VP of Global Human Resource & Chief Ethics Officer||17.5yrs||US$2.13m||0.00024% |
|Chief Communications Officer||no data||no data||0.012% |
|Senior Vice President of Research & Development||12.17yrs||no data||no data|
|Senior Vice President of International Sales||5.58yrs||no data||no data|
|Senior Vice President of Global Supply Chain||9.5yrs||no data||no data|
|Senior Vice President of Special Operating Forces||no data||no data||no data|
|President of North America Sales||5.67yrs||no data||no data|
Experienced Management: SMG's management team is seasoned and experienced (7.1 years average tenure).
|CEO & Chairman of the Board||19.25yrs||US$7.92m||0.10% |
|Independent Director||5.67yrs||US$285.03k||0.016% |
|Independent Director||14yrs||US$285.03k||0.015% |
|Vice-Chairman of the Board||7.58yrs||US$285.03k||0.011% |
|Independent Director||13yrs||US$285.03k||0.027% |
|Independent Director||9.75yrs||US$285.03k||0.037% |
|Independent Director||2.33yrs||US$285.03k||0.0098% |
|Lead Independent Director||6.58yrs||US$335.05k||0.021% |
|Independent Director||3.58yrs||US$285.03k||0.0074% |
Experienced Board: SMG's board of directors are considered experienced (8.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SMG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Scotts Miracle-Gro Company's company bio, employee growth, exchange listings and data sources
- Name: The Scotts Miracle-Gro Company
- Ticker: SMG
- Exchange: NYSE
- Founded: 1868
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: US$8.701b
- Shares outstanding: 55.50m
- Website: https://www.scottsmiraclegro.com
Number of Employees
- The Scotts Miracle-Gro Company
- 14111 Scottslawn Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMG||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1992|
|SCQA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1992|
|0L45||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jan 1992|
The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawth ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 23:39|
|End of Day Share Price||2020/08/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.